-- A new professional spring-football league could soon call Manatee County home.
Major League Football announced Thursday, two days after Manatee County Commission approved an economic incentive package, that it may locate its headquarters and training facilities in Lakewood Ranch.
"It's accelerating our focus to finish off," Frank Murtha, senior executive vice president for Major League Football, said Friday. "It certainly is a giant step forward toward our ultimate decision in locating there."
Its most recent SEC filing says:
"As reflected in the accompanying unaudited financial statements, the Company had minimal revenues, and a net loss and net cash used in operating activities of $2,022,251 and $437,001 respectively, for the nine months ended January 31, 2015. Additionally, at January 31, 2015, the Company has minimal cash and has a working capital deficit of $1,009,857, an accumulated deficiency of $12,801,141 and a stockholders' deficiency of $1,008,757, which could have a material impact on the Company's financial condition and operations. As a result of the significant working capital deficit at January 31, 2015, the Company does not have sufficient cash resources or current assets to pay its obligations."
They apparently spent $187,000 or so on internet advertising of MLFB. Money well spent.
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If cities and venues ask these people for the money up front, these dreamers, schemers and scammers will slink back into whatever slime they came from.
Didn't one of these leagues have the unmitigated gall to try to tell Birmingham to give them office space and a sweetheart deal for a stadium lease?
Some days it seems minor league sports have become the last refuge of a scoundrel.
I'm waiting for all of these people to start recognizing the pattern.
I'm waiting for all of these people to start recognizing the pattern.[/quote]
You are always gonna have fanboys it's the nature of this site. I'll admit I've been one once or twice...OK more than that, but I'm not gonna count. Anyway, I think people do recognize the pattern but there are those out there that want nothing to do with the big leagues and hope one of these fly by night leagues takes off so they can say "I was there at the beginning"
Just my two cents. We are all rooting for the underdog, just some of us start foaming at the mouth and others have to administer the shots to calm them down.
And on that note...Press conference today at 4 East Coast time...lets see what happens.
And yes I asked the question about the footballs in the picture...Was that to "fanboy" of me?
https://www.facebook.com/majorleaguefoo ... 23/?type=1