Stratus Media Group assumes control of ProElite Inc., plans to relaunch MMA promotion
By MMAEdition on Feb 23, 2010 with Comments 1
ProElite, Inc. is back from the dead.
More than 15 months since the company that housed fight promotions
EliteXC and ShoXC closed its doors, the live entertainment company
Stratus Media Group, Inc. has assumed control of its operations and
plans to relaunch the brand, according to a press release issued today.
ProElite, Inc. held 21 MMA events before it collapsed in October 2008
under the weight of a $55 million debt accrued in 20 months of
operations.
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I’m stoked for MMA too, especially ProElite…they are going to kill it! They only need a small cut of the market share from UFC and Stratus/MMA will starting making big money. And this is only one small project that Stratus (SMDI) is undertaking. Their stock price is already on the way back and will probably double in less than 2Q. Everyone should look at SMDI as an investment opp!…Their website is the first place to start….Then in contact with their corporate offices. http://www.stratusmediagroup.com/….Give it time, MMA is an awesome sport and will eventually be the money maker that boxing is and has been for a long time!