Replies to post #17190 on ProElite, Inc. (fka PELE)

[236T568]

REVOKED!

http://www.sec.gov/Archives/edgar/data/1015789/999999999712012979/filename1.pdf

"....... the registration of the registered securities of ProElite, Inc., is revoked."

WRONG AGAIN! Yep! I do! The FACTS I say! But yours are not even close to the FACTS at all. Please get them right!

1 ) The SEC has not Revoked the Stock of ProElite, they have for the time being Revoked the Exchange Act registration for Public Trading. The company still exists and so does the Stock still fully exist and continues to be declared by holders and accepted by the SEC.

Taken directly from the SEC Web Site

1. Name and Address of Reporting Person*
BLECH ISAAC
2. Issuer Name and Ticker or Trading Symbol
PROELITE, INC. [ PELE ]
3. Date of Earliest Transaction (Month/Day/Year)
12/20/2012
www.sec.gov/Archives/edgar/data/905536/000114420412069132/xslF345X03/v330471_4.xml

[236T568]

actually you are completely wrong

PELE's preferred shares issued to SMDI will convert to 95% of the common shares outstanding at the time that they are converted, no matter how many shares or options or warrants are owned by Blech.

At the moment, SMDI would own 95% of ProElite commmon shares, Blech 4% and the balance of current ProElite shareholders only 1%. This means that current stockholders will be diluted 100 to 1.

don't believe it?

then time to read the SEC filings


http://www.sec.gov/Archives/edgar/data/1015789/000101968711003664/proelite_10k-123108.htm

"The Preferred Shares are convertible into the Common Stock of the Company. The amount of shares of Common Stock issuable upon conversion on a cumulative basis is equal to 95% of the sum of (a) the issued and outstanding shares of the Company as of the closing plus (b) any shares of the Company’s Common Stock issued after the closing upon exercise or conversion of any derivative securities of the Company outstanding as of the closing, subject to any adjustment for stock splits, stock dividends, recapitalizations etc. and, in all cases, after giving effect to the shares issuable upon conversion of the Preferred Shares. "

2 ) Please post the LINK and the exact excerpt that points to your conversion number?

FACT it does not EXIST ANYWHERE!

And Please don't go showing us any of your fancy Math! We have seen and heard it all before!

Please only show us the exact link and excerpt that states what your indicating!

FACT! IT DOES NOT EXIST!

If and when a conversion were to happen, which I personally don't necessarily think would be a bad thing but will wait and see as to if and when it happens!

But noting your concerns, which we by the way appreciate all your great concern and support of the company! So Thanks! Your first point is really a non-point as you obviously feel this will trade again! So that's Awesome that your on Board and support the company so much! Way To go! The real question is how close are we and how much will it be worth! And I know you are getting excited and thinking Hundreds or maybe Thousands of dollars per share! But I don't think it will trade that high! But good for you thinking BIG! We are with you all the way! Cheering GO PRO!

Go ProElite!