Pro Elite's 10Q Filing

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 Pro Elite's 10Q Filing  Links2
Pro Elite  filed its quarterly repor t, and it is not pretty.  There is a ton of information in the report, and I haven't read the entire thing, but here are the key issues. They are actively seeking financing:   The only word that can really describe their financial situation is "desparate."  They need $3 million in financing, and that is just to get to the end of the ... [link]

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EliteXC Sets Deadline For Noons To Accept Diaz Fight
Published 8/21/2008 by Eric Shapiro at MMAFrenzy.com
... or if Noons really has a hesitation toward facing Diaz again, but this fight has been long overdue and it absolutely needs to take place on that crucial October 4th card. Even if EliteXC locks up Diaz for the show, pitting him against anyone other than KJ Noons just won’t bring in the kind of draw that the promotion needs to stay afloat. If it sounds like I’m making EliteXC out to be in utter desperation its because that’s pretty much the scenario. ProElite just filed their latest quarterly report , and let’s just say that things aren’t exactly on the up and up.

About that ProElite filing
Published 8/21/2008 by fightlinker at Fightlinker.com » Fightlinker - MMA, UFC, and other funny fight crap
... you so!” in the history of MMA news reporting. Anyways, he didn’t put too much effort into covering the IFL’s demise (and who can blame him, that shit was just too obvious), but now he’s really turning up the heat on ProElite. And it’s resulting in really good articles like this and this . I know I’ve slacked on covering the ProElite filings that can basically be summed up by “ZOMG WE’RE FUCKERED”. Lots of other sites have done a decent job of providing dry point by point breakdowns, but Zach beats them all by adding some of the most ...

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