Replies to post #17396 on ProElite, Inc. (fka PELE)

[Hole shot King]

Amended Statement of Beneficial Ownership (sc 13d/a) ....stratus/Proelite

http://ih.advfn.com/p.php?pid=nmona&article=57922352

B. The Company is in the process of attempting a recapitalization (the “ Recapitalization ”) pursuant to which the Company desires to (i) raise capital to restart certain of its operations; (ii) restructure certain of its equity; and (c) extinguish a significant portion of its debt, although no assurance can be given that the Recapitalization will be successful in whole or in part.