King of The Cage

Press Release: Pro Elite

 

 

 

 

King of the Cage, Inc. (“KOTC”) is fully aware of the reports surrounding the financial difficulties of ProElite,

Inc. (“PE”) and the reports that PE has filed or may soon file a bankruptcy case. KOTC is currently reviewing

and investigating the situation and has determined that no bankruptcy case has yet been filed by PE .

 

Although KOTC is a wholly owned subsidiary of PE, it has maintained its own independent operational

structure since its acquisition by PE. While there may be some short term impact on KOTC’s operations,

KOTC intends to fulfill all of its existing obligations and to conduct all of its scheduled events. KOTC further

intends to resume normal business operations as quickly as possible and to continue to grow its brand as it

has for the past 10 years.

 

 

- Press Release issued by King of the Cage


 

 

 

(10/30/08)