Comments on: The financial status of Pro Elite (EXC) http://www.fightopinion.com/2008/08/15/the-financial-status-of-pro-elite-exc/ Thu, 09 Feb 2012 21:47:46 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: matt http://www.fightopinion.com/2008/08/15/the-financial-status-of-pro-elite-exc/comment-page-1/#comment-58469 matt Fri, 13 Feb 2009 00:48:11 +0000 http://www.fightopinion.com/2008/08/15/the-financial-status-of-pro-elite-exc/#comment-58469 Well after the deal with strikeforce and selling a part of their assests, proelite is debt free and in the works of creating something it seems... the stock dropped to one penny... i'm buying them up Well after the deal with strikeforce and selling a part of their assests, proelite is debt free and in the works of creating something it seems… the stock dropped to one penny… i’m buying them up

]]> By: wesley http://www.fightopinion.com/2008/08/15/the-financial-status-of-pro-elite-exc/comment-page-1/#comment-53405 wesley Thu, 16 Oct 2008 03:04:39 +0000 http://www.fightopinion.com/2008/08/15/the-financial-status-of-pro-elite-exc/#comment-53405 elite xc is in big trouble. I don't know if they can hold the company any longer. MMA is very competitive and complex sports so I think it is going to take a while for people to get familiar with the sport. Plus, a lot of investor are scared because this market is still unknown and many up and coming MMA companies don't know how to run the business. UFC is a exception because they started this MMA business, they got the best fighters and anybody that will argue is dumb and it took UFC more than 10 years before they started making big money, so this MMA business doesn't become a success over night. Elite XC need to hire real promoters and fire their fake promoters. Like in the NFL if a team is not winning, they start cleaning the house by firing the weakest link of the company. They need to create exciting match-up to get this company going or they will sink. elite xc is in big trouble. I don’t know if they can hold the company any longer. MMA is very competitive and complex sports so I think it is going to take a while for people to get familiar with the sport. Plus, a lot of investor are scared because this market is still unknown and many up and coming MMA companies don’t know how to run the business. UFC is a exception because they started this MMA business, they got the best fighters and anybody that will argue is dumb and it took UFC more than 10 years before they started making big money, so this MMA business doesn’t become a success over night. Elite XC need to hire real promoters and fire their fake promoters. Like in the NFL if a team is not winning, they start cleaning the house by firing the weakest link of the company. They need to create exciting match-up to get this company going or they will sink.

]]> By: Brandt http://www.fightopinion.com/2008/08/15/the-financial-status-of-pro-elite-exc/comment-page-1/#comment-51919 Brandt Mon, 18 Aug 2008 15:17:38 +0000 http://www.fightopinion.com/2008/08/15/the-financial-status-of-pro-elite-exc/#comment-51919 "What do you expect? This generation of fans thinks that Bonnar/Griffin 1 was the best fight ever." I think this generation of enthusiasts understands that this fight helped the UFC begin their slow penetration of households containing those 18-35 year old casual fans. “What do you expect? This generation of fans thinks that Bonnar/Griffin 1 was the best fight ever.”

I think this generation of enthusiasts understands that this fight helped the UFC begin their slow penetration of households containing those 18-35 year old casual fans.

]]> By: D.Capitated http://www.fightopinion.com/2008/08/15/the-financial-status-of-pro-elite-exc/comment-page-1/#comment-51917 D.Capitated Mon, 18 Aug 2008 14:20:26 +0000 http://www.fightopinion.com/2008/08/15/the-financial-status-of-pro-elite-exc/#comment-51917 <i>I think there’s one major difference in the MMA/pro wrestling comparison and that is the B level promotions. In MMA’s case the IFL’s, WFA’s and now maybe the EXC’s can’t even operate for any amount of impactful time. A few years max seems to be the going rate.</i> Apart from the UFC (which itself has nearly collapsed god knows how many times now), very few organizations anywhere, regardless of scope or success, have survived significant periods of time. Pancrase is still around but has as much relevance now as ZST. Who else then? RINGS and PRIDE are dead, and there's a billion organizations who've come and gone. Battlecade? WCC? WEF? Who has stayed around without being bought out? HookNShoot, Gladiator Challenge, and Extreme Challenge? <i>While, the B leagues in pro wrestling like ROH and TNA, can seem to stay operating even in money-sucking businesses and with the major league shadow (the WWE) over it. </i> Both ROH and TNA make money, the latter much to the chagrin of fans of fake fighting. ROH also has a business model that is impossible to replicate in MMA that is successful for them. Why even compare it? <i>Profitability on the otherhand is a different story. But there’s no chance to get to that goal if a company can’t stay around longer than 24 months.</i> People jumped in with money into MMA when there was no boom. Now that there is one and clear interest from network TV, they're not going to any longer because, uhhh, the pro wrestling business dictates it? I think there’s one major difference in the MMA/pro wrestling comparison and that is the B level promotions. In MMA’s case the IFL’s, WFA’s and now maybe the EXC’s can’t even operate for any amount of impactful time. A few years max seems to be the going rate.

Apart from the UFC (which itself has nearly collapsed god knows how many times now), very few organizations anywhere, regardless of scope or success, have survived significant periods of time. Pancrase is still around but has as much relevance now as ZST. Who else then? RINGS and PRIDE are dead, and there’s a billion organizations who’ve come and gone. Battlecade? WCC? WEF?

Who has stayed around without being bought out? HookNShoot, Gladiator Challenge, and Extreme Challenge?

While, the B leagues in pro wrestling like ROH and TNA, can seem to stay operating even in money-sucking businesses and with the major league shadow (the WWE) over it.

Both ROH and TNA make money, the latter much to the chagrin of fans of fake fighting. ROH also has a business model that is impossible to replicate in MMA that is successful for them. Why even compare it?

Profitability on the otherhand is a different story. But there’s no chance to get to that goal if a company can’t stay around longer than 24 months.

People jumped in with money into MMA when there was no boom. Now that there is one and clear interest from network TV, they’re not going to any longer because, uhhh, the pro wrestling business dictates it?

]]> By: Amy Robinson http://www.fightopinion.com/2008/08/15/the-financial-status-of-pro-elite-exc/comment-page-1/#comment-51910 Amy Robinson Mon, 18 Aug 2008 05:27:48 +0000 http://www.fightopinion.com/2008/08/15/the-financial-status-of-pro-elite-exc/#comment-51910 I think there's one major difference in the MMA/pro wrestling comparison and that is the B level promotions. In MMA's case the IFL's, WFA's and now maybe the EXC's can't even operate for any amount of impactful time. A few years max seems to be the going rate. While, the B leagues in pro wrestling like ROH and TNA, can seem to stay operating even in money-sucking businesses and with the major league shadow (the WWE) over it. Profitability on the otherhand is a different story. But there's no chance to get to that goal if a company can't stay around longer than 24 months. I think there’s one major difference in the MMA/pro wrestling comparison and that is the B level promotions. In MMA’s case the IFL’s, WFA’s and now maybe the EXC’s can’t even operate for any amount of impactful time. A few years max seems to be the going rate.

While, the B leagues in pro wrestling like ROH and TNA, can seem to stay operating even in money-sucking businesses and with the major league shadow (the WWE) over it.

Profitability on the otherhand is a different story. But there’s no chance to get to that goal if a company can’t stay around longer than 24 months.

]]> By: D.Capitated http://www.fightopinion.com/2008/08/15/the-financial-status-of-pro-elite-exc/comment-page-1/#comment-51908 D.Capitated Mon, 18 Aug 2008 01:15:47 +0000 http://www.fightopinion.com/2008/08/15/the-financial-status-of-pro-elite-exc/#comment-51908 Kimbo's the guy on Nike commercials. CBS and Showtime are networks that have contracted fighters exclusively to compete for them. But then again, its not a pro wrestling style of business to do that sort of thing, and we know how people cope with talking about MMA as it relates to actual sports. Kimbo’s the guy on Nike commercials. CBS and Showtime are networks that have contracted fighters exclusively to compete for them. But then again, its not a pro wrestling style of business to do that sort of thing, and we know how people cope with talking about MMA as it relates to actual sports.

]]> By: Jeremy (not that Jeremy) http://www.fightopinion.com/2008/08/15/the-financial-status-of-pro-elite-exc/comment-page-1/#comment-51907 Jeremy (not that Jeremy) Sun, 17 Aug 2008 23:56:25 +0000 http://www.fightopinion.com/2008/08/15/the-financial-status-of-pro-elite-exc/#comment-51907 Fight Opinion.com: Redefining optimism Fight Opinion.com: Redefining optimism

]]> By: D. Capitated http://www.fightopinion.com/2008/08/15/the-financial-status-of-pro-elite-exc/comment-page-1/#comment-51906 D. Capitated Sun, 17 Aug 2008 23:28:44 +0000 http://www.fightopinion.com/2008/08/15/the-financial-status-of-pro-elite-exc/#comment-51906 <i>Is there anything that would account for this? </i> Yeah, no one gives a shit about Carlos Condit. That's what accounts for the WEC rating being like all the others sans one. Notice that in spite of the WEC rating being pretty mediocre, no one is flipping out about the WEC being killed off or losing its TV time on Versus or whatever else. As for EliteXC, if Kimbo Slice does a big rating again, Viacom will buy the company outright and Kimbo Slice will be the first network contracted fighter in MMA history. And he probably will, and that will probably happen. Is there anything that would account for this?

Yeah, no one gives a shit about Carlos Condit. That’s what accounts for the WEC rating being like all the others sans one. Notice that in spite of the WEC rating being pretty mediocre, no one is flipping out about the WEC being killed off or losing its TV time on Versus or whatever else.

As for EliteXC, if Kimbo Slice does a big rating again, Viacom will buy the company outright and Kimbo Slice will be the first network contracted fighter in MMA history. And he probably will, and that will probably happen.

]]> By: Zack http://www.fightopinion.com/2008/08/15/the-financial-status-of-pro-elite-exc/comment-page-1/#comment-51905 Zack Sun, 17 Aug 2008 19:10:32 +0000 http://www.fightopinion.com/2008/08/15/the-financial-status-of-pro-elite-exc/#comment-51905 Thanks for the rating Jeremy. My WO is late this week (I usually get it on Friday but it still hasn't come yet.) Thanks for the rating Jeremy. My WO is late this week (I usually get it on Friday but it still hasn’t come yet.)

]]> By: Dave http://www.fightopinion.com/2008/08/15/the-financial-status-of-pro-elite-exc/comment-page-1/#comment-51902 Dave Sun, 17 Aug 2008 03:15:59 +0000 http://www.fightopinion.com/2008/08/15/the-financial-status-of-pro-elite-exc/#comment-51902 If you read their filings you see some hilarious shit they spend money on. 724k on that awful website? CHECK. How much did they make off of it? 28k? I mean, how can you operate like that? If you read their filings you see some hilarious shit they spend money on. 724k on that awful website? CHECK. How much did they make off of it? 28k?

I mean, how can you operate like that?

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