Milwaukee Iron Arena Football Becomes A Publicly Traded Company
Published on January 27, 2010 under Arena Football League (AFL)
Milwaukee Mustangs News Release
MILWAUKEE - (Marketwire - 1/27/2010) - Genesis Capital Corporation of Nevada (OTC.BB:GCNV) is pleased to announce it has signed an agreement and plan of merger to acquire a 100% interest in the Milwaukee Iron Arena Football Team (Milwaukee Iron), a Wisconsin Corporation. The agreement calls for a corporate name change to "Milwaukee Iron Arena Football, Inc." and the company will file the required documentation with the Securities and Exchange Commission.
The Milwaukee Iron Arena Football, Inc. will be the only Professional Football Team to be publicly trading in the United States.
"This is a terrific opportunity for the Milwaukee Iron," says team President and CEO Andrew Vallozzi III. "Our team will be very excited to have shareholder owners in Wisconsin and throughout the United States and beyond. We look forward with great anticipation to having continuous interactions with our fellow owners."
About Milwaukee Iron Arena Football, Inc.:
The Milwaukee Iron is a professional arena football team that plays their home games at the Bradley Center, the premier sports and entertainment venue in downtown Milwaukee, Wisconsin. The Iron are members of the Arena Football One league and compete on the field against legendary arena football teams such as the Arizona Rattlers, Cleveland Gladiators, Iowa Barnstormers, Orlando Predators and Tampa Bay Storm. After the merger the new company will continue to be led by Andrew Vallozzi III, President/CEO, and Jason Clark, Vice President/General Manager.
"With the rich history in Wisconsin of fan ownership in professional football we felt this would be another great opportunity that would engage football fans throughout the state. This is very exciting because fans will own more than just a piece of paper; they will own actual stock in the team. Anyone in the world can now be a shareholder / owner of a professional football team in the Milwaukee Iron," said Jason Clark, Vice President and General Manager of the Iron. "The Arena Football One season is right around the corner and there is definitely a buzz in this community about the Iron and the highest level of arena football being back at the Bradley Center. As training camp approaches, the announcement that the Iron is going to be publicly traded will only add to the excitement."
The head coach of the Milwaukee Iron is Bob Landsee, a former University of Wisconsin All-American offensive lineman and draft choice of the NFL's Philadelphia Eagles. In the past two months, the Milwaukee Iron have added some of the best arena football players in the country including 2007 AFL MVP, quarterback Chris Greisen, as voted by the AFLWA. The Iron have also signed 2008 AFL All-Rookie wide receiver Tiger Jones. The duo of Greisen and Jones will be one of the most explosive offensive threats in Arena Football One. The quarterback and wide receiver will pair up for the second time in their careers after being AFL teammates in 2008. The Milwaukee Iron will open their 2010 regular season on the road against the 2009 ArenaCup Champion Spokane Shock in Arena Football One's inaugural game on April 2. In addition to strong team that will be on the field, the Milwaukee Iron will have one of the premier dance teams in arena football in the Platinum Dance Team.
Arena Football League Stories from January 27, 2010
- Milwaukee Iron Arena Football Becomes A Publicly Traded Company - Milwaukee Mustangs
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