About a week ago they were trading at $0.08 per share, (Stock Symbol - PELE), and now I noticed they have dropped to $0.00. They haven't announced any fights for an upcoming event ... So, is this the death of Pro Elite? 
I hope not. I want to see Reagan Penn fight some more.
Time to buy infinite shares gentlemen!
KC007 - I hope not. I want to see Reagan Penn fight some more.This. If the company is filing bankruptcy, do they still own the fighters contracts for a period of time? Or are the fighters free and clear? I remember this B.S. from the last Showtime debacle with Elite XC ...... I wonder how they structured everyone's contracts.
1. Restructure failed MMA organization
2. Put on a few cards with moderate success
3. Watch stock prices plummet
4. ?????
5. Profit.
Who actually thought they would become anything?
they were a bust from the start.
Guess so...
Ahh well...
Priced about right, imo
I see last print of 0.0001 on my thinkorswim platform/chart. Someone exercising options maybe?? Hmmmm odd price even for that.
The only fighter under EliteXC contracted fighter I am really interested in is Sara McMann.
Doesn't T. Jay Thompson post here? The interwebs are mysteriously silent ...
TTT for answers ...
wowzers
MIDDLEEASY rumor mill said theyll have a card in June in San Jose. 
They have to be absolutely bleeding money
bearockbrobama - MIDDLEEASY rumor mill said theyll have a card in June in San Jose.I heard that a few weeks ago as well, but everything I've found now says that was nothing more than hearsay. How recent was this?
NavyCorpsman -Sunday. Like day before yesterday. Should still be easily navigable on their main page.bearockbrobama - MIDDLEEASY rumor mill said theyll have a card in June in San Jose.I heard that a few weeks ago as well, but everything I've found now says that was nothing more than hearsay. How recent was this?
Whats the word with Pro Elite then?
Stock wise be careful. If a public company files for bankruptcy protection they can emerge from that protection with a new class of shares. The public investors usually lose. The guys that buy the debt and help restructure do so with what is called "preferred" shares which usually will be protected in the case of a BK.
Penny Stocks like PELE are dangerous. Save your money and buy a lottery ticket. 100 shares at a penny has worst odds then one lottery ticket.
Double E with a Minor in Business
-Carwin
Shane Carwin - Stock wise be careful. If a public company files for bankruptcy protection they can emerge from that protection with a new class of shares. The public investors usually lose. The guys that buy the debt and help restructure do so with what is called "preferred" shares which usually will be protected in the case of a BK.Hey Shane hope the recovery is going well! God bless!
Penny Stocks like PELE are dangerous. Save your money and buy a lottery ticket. 100 shares at a penny has worst odds then one lottery ticket.
Double E with a Minor in Business
-Carwin
KC007 - I hope not. I want to see Reagan Penn fight some more.
LOL!