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  #1   IP:
Old 12-14-2017, 10:20 AM
robster2001 robster2001 is offline
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Join Date: Dec 2004
Posts: 1,044
Default Enter a new pretender - the PFL


Do they realize the "Professional Football League" is virtually un-searchable on the Internet as EVERY league comes up?

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  #2   IP:
Old 12-14-2017, 11:36 AM
LordBy2014 LordBy2014 is offline
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Join Date: Jan 2015
Location: Denver, CO
Posts: 284
Default pfl = doa?

I see this as another dead on arrival league . . . nothing to see here . . . keep it moving . . .
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  #3   IP:
Old 12-14-2017, 12:20 PM
suge night suge night is offline
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Join Date: Mar 2006
Location: USA
Posts: 649




Washington, D.C. 20549


OMB Number: 3235-0060

Expires: March 31, 2018

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hours per response……..5.71


Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) September 5, 2017


(Exact name of registrant as specified in its charter)

As a result of the shares owned by Compass Creek Capital, Inc., it now holds a significant controlling minority of the total outstanding stock. MLFB’s Form 10Q for quarter ending January 31, 2017 reflected a total of 54,734,301 outstanding shares of common stock.

Compass Creek Capital, Inc. funded the purchase with its own assets. The $3 million investment comprised less than 50% of its total assets. Its sole manager, Jerry C. Craig, is President and CEO of MLFB.

In addition to the Convertible Preferred Shares directly owned by Compass Creek Capital, MLFB has granted to Compass Creek Capital, an option to purchase 171,428,571 additional Series A Preferred shares at $.07.

Pursuant to the requirements of the Securities Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.



/s/ Jerry C. Craig

Jerry C. Craig, President and CEO

Dated: September 6, 2017

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

3 of 3

Same group of people trading at .07 Penney stock

Last edited by suge night; 12-14-2017 at 12:26 PM. Reason: Edited for space
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  #4   IP:
Old 12-14-2017, 03:17 PM
Renandpat Renandpat is offline
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Join Date: Oct 2014
Posts: 339

No, this is a separate venture.

The Craigs failed to make their $3MM payment for MLFB on October 13.


On October 13, 2017, the acting General Counsel resigned from Major League Football (“MFLB”). On this same day, the Company notified its sole Director and Officer that he was in breach of the Securities Purchase Agreement dated June 20, 2017 due to his failure to provide to the auditors required documentation of his compliance with the Securities Purchase Agreement. Mr. Craig, the President, CEO and sole Director, had previously provided a bank document reflecting a deposit of $3 million into an MFLB account on September 5, 2017, albeit late under the terms of the Agreement. Compass Creek Capital, with Mr. Craig as its beneficial owner, was the mandated purchaser of the shares in the Purchase Agreement. On that basis, MLFB filed a Form 3 reflecting ownership of the 42 million preferred shares. Subsequently, that bank account was closed. On September 29, 2017, Mr. Craig submitted documents reflecting a $3 million transfer to a different MLFB account. Despite these documents, there was never any evidence provided that these funds were or had ever been made available for payment of outstanding and current liabilities of MFLB or that these funds would remain in a MFLB Account.

Kris Craig, Officer, submitted her resignation on Saturday, October 14, 2017.

Jerry Craig, sole Director and Officer, believes the Securities Purchase Agreement is null and void, based upon Compass Creek Capital’s inability to complete the necessary due diligence which he believes negated its obligation to pay the required funds.

By rescinding the transaction, Mr. Craig’s appointment to the Board and as CEO and President are rescinded as well.

With the securities purchase agreement breached and voided by both MFLB and Compass Creek Capital, and the resignation of Kris Craig, effective on Saturday, October 14, 2017 there are no Officers or Directors remaining with the Company. The securities agreed to be purchased by Compass Creek Capital, as set forth in the Securities Purchase Agreement, will now revert back to the Company.

Last edited by Renandpat; 12-14-2017 at 04:32 PM.
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  #5   IP:
Old 12-16-2017, 04:57 PM
ranger21263 ranger21263 is offline
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Join Date: Oct 2015
Location: Hilliard, OH
Posts: 140

in their "press release" (anyone can make up a press release i.e the NAFL), they name every head coach the MLFB had. So, I see nothing to come of this.
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  #6   IP:
Old 12-17-2017, 08:24 AM
Sam Hill's Avatar
Sam Hill Sam Hill is offline
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Join Date: Nov 2003
Location: Denver, CO
Posts: 4,133

The PFL was established and quarterbacked through the passion and vision of California businessman Jerry C. Craig and his wife, Kris Craig.
Same people.

I am going to guess they either have renamed MLFB (and it hasn't hit the SEC filings yet...I don't know if you have to file anything when you change your dba or not) or have started all over with the same people and same coaches just to get out from under the negative brand equity that MLFB has engendered.

In any case, Jerry Craig and his wife could no more organize a professional football league than they could get everyone in this thread to the moon.
Old enough to remember when bashing the ABA was fun.
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