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When a $55 million dollar deficit is a good thing, not a bad thing
By Zach Arnold | August 21, 2008
Pro Elite, in their recent 10Q SEC filing, has admitted that they have accumulated a $55 million dollar deficit over the last two years. This must mean that “… EliteXC is fully functional and fully healthy.”
Topics: MMA, Media, Pro Elite, Zach Arnold | 6 Comments » | Permalink | Trackback | Share This
Zach,
Are you wishing for ProElite to crumble like you expected PRIDE to? Maybe you should reach out to these companies and lend a helping hand, or at least present ideas for these companies to succeed because we are so damn fortunate to receive the highest quality entertainment in the form of MMA. I was thinking just last night, I am alive during the reign of Fedor, this is history!
“Maybe you should reach out to these companies and lend a helping hand, or at least present ideas for these companies to succeed ”
Because Zach Arnold is a paid consultant for Pro-Elite, right?
Uh, why would Zach reach out to them to help and why would they listen even if he did? He runs this site and will post his thoughts. If ProElite wanted the internet’s opinion on how to run their business they would read it more often.
Actually, knowing them, they would then hire them for 200k a year as a paid advisor.
i dont think that Zach mostly has a problem with the Dishonesty exhibited by the promoter’s before the collapse. Pride denied everything right before they folded. Its more like how stupid do you think your fans really are?
I am a long time poster here and I am not ignorant. Zach is a GREAT reporter on the MMA industry but he should, at the very least, provide ideas to the readers on how the company can improve their business.
The PRIDE song was totally understood but I think ProElite has the capability of furthering the mainstream impact of the sport.
Providing ideas to the readers of this blog is not going to help ProElite’s situation. Dana is smart — he’s got enough pile of money to sit on while he watches his competition out-promote themselves. He’ll take the credit later, just as he does for being Rampage’s Friend, for now coming out and dissing Tim Sylvia, and his continued calling out of Tito. Now that some of our friends in Japan have rightfully served their jail sentences, can we please return this sport to Japan? Its that or Randy – Fedor at MSG.