Enter a new pretender - the PFL
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Enter a new pretender - the PFL
https://www.prnewswire.com/news-release ... 70500.html
Do they realize the "Professional Football League" is virtually un-searchable on the Internet as EVERY league comes up?
Geniuses.
Do they realize the "Professional Football League" is virtually un-searchable on the Internet as EVERY league comes up?
Geniuses.
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pfl = doa?
I see this as another dead on arrival league . . . nothing to see here . . . keep it moving . . .
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UNITED STATES
OMB APPROVAL
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
OMB Number: 3235-0060
Expires: March 31, 2018
Estimated average burden
hours per response……..5.71
CURRENT REPORT
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
MAJOR LEAGUE FOOTBALL, INC (MLFB)
(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.
MAJOR LEAGUE FOOTBALL, INC.
By:
/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
OMB APPROVAL
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
OMB Number: 3235-0060
Expires: March 31, 2018
Estimated average burden
hours per response……..5.71
CURRENT REPORT
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
MAJOR LEAGUE FOOTBALL, INC (MLFB)
(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.
MAJOR LEAGUE FOOTBALL, INC.
By:
/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 on Thu Dec 14, 2017 6:26 pm, edited 1 time in total.
Reason: Edited for space
Reason: Edited for space
No, this is a separate venture.
The Craigs failed to make their $3MM payment for MLFB on October 13.
https://ih.advfn.com/p.php?pid=nmona&article=75875004
The Craigs failed to make their $3MM payment for MLFB on October 13.
https://ih.advfn.com/p.php?pid=nmona&article=75875004
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 Capitals inability to complete the necessary due diligence which he believes negated its obligation to pay the required funds.
By rescinding the transaction, Mr. Craigs 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 on Thu Dec 14, 2017 10:32 pm, edited 1 time in total.
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Same people.The PFL was established and quarterbacked through the passion and vision of California businessman Jerry C. Craig and his wife, Kris Craig.
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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Meanwhile, Frank Murtha filed this on behalf of MLFB in April 2018 - in an SEC Form 10-K (which isn't supposed to be fiction, but it's probably too late now): "We expect we will need additional short-term financing as well as financing over the next 12 months in order to position our Company for its anticipated launch in June/July of a training camp and shortened 2018 Developmental Season. Specifically, we will need to raise approximately $3 million between June and August 2018 and a subsequent raise and offerings of $20 million between September 2018 and March 2019, to cover our operating expenses for our 2019 full training camp and playing season in our designated cities.” (https://backend.otcmarkets.com/otcapi/c ... ntent/html)
Needless to say, nothing from MLFB since then. MLFB stock is currently trading at 1.81 cents per share. It was worth 22 cents per share a year ago, and traded at $20/share in 2007.
There is no rational or reasonable explanation for any of this. These people are all idiots and clearly require adult supervision that they don't have.
Needless to say, nothing from MLFB since then. MLFB stock is currently trading at 1.81 cents per share. It was worth 22 cents per share a year ago, and traded at $20/share in 2007.
There is no rational or reasonable explanation for any of this. These people are all idiots and clearly require adult supervision that they don't have.
They had zero chance of a training camp/developmental season in 2018, just like they had zero chance of it the last time they said they were going to do it.
They have zero chance of raising $20 million to have a full whatever in 2019, just like they had zero chance of it the last time they said they were going to do it.
I'm with you, robster. This whole kabuki theater bit makes zero sense. It's entirely possible that Chandler, et al, thought they were going to create a league when this whole thing first started. Why they went so far as to get literally within days of training camp the first time, then make like they were still going to do it, and why Murtha continues to pretend it's going to happen, makes no sense at all.
They have zero chance of raising $20 million to have a full whatever in 2019, just like they had zero chance of it the last time they said they were going to do it.
I'm with you, robster. This whole kabuki theater bit makes zero sense. It's entirely possible that Chandler, et al, thought they were going to create a league when this whole thing first started. Why they went so far as to get literally within days of training camp the first time, then make like they were still going to do it, and why Murtha continues to pretend it's going to happen, makes no sense at all.
Old enough to remember when bashing the ABA was fun.
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the MLFB posted on their facebook page a picture from the HOF game. Shows the name Mike McCarthy (former Packers coach) and his seat in the media booth. They claim Mike is their Director of Football Operations. He was there to scout players. Info to be released about the 2019 season shortly.
In their latest filing to the SEC, they are asking for an extension on their 10-Q filing. Seems they don't have the funding to hire accountants and lawyers to do their filing.
I'm not sure this script would fly for an episode on "The Twilight Zone".
In their latest filing to the SEC, they are asking for an extension on their 10-Q filing. Seems they don't have the funding to hire accountants and lawyers to do their filing.
I'm not sure this script would fly for an episode on "The Twilight Zone".