Major League Football Inc Stock Price, News & Analysis

Major League Football, Inc. (MLFB) provided a progress report detailing preparations for the 2023 Spring Football Season. The company is utilizing funds from a $5 million Stock Equity Line registered with the SEC as of December 28, 2022. MLFB is finalizing its game schedule and expanding potential markets for its teams. The organization is actively scouting players during College All-Star games and engaging in serious investment discussions with high net worth and institutional investors. Broadcast negotiations are advancing, aiming for national coverage. Additionally, MLFB is enhancing its website and has initiated talks with major investor relations firms.

Major League Football, Inc. (MLFB) announced the SEC's approval of its Form S-1 Registration Statement on December 28, 2022. This allows MLFB to raise up to $5 million through common stock sales, providing essential funding to cover obligations and prepare for the upcoming 2023 season. The company is finalizing negotiations for venues and broadcasting contracts with major networks, while its team remains committed to operational readiness. Equipment has been relocated for inventory and reconditioning as MLFB aims to pay off creditors.

Major League Football, Inc. (OTC PINK:MLFB) is hosting a virtual shareholders meeting on December 1, 2022, at 11:00 EST. Proxy and ballot cards have been distributed via mail and email. The executive team confirms commitment to training camp in April, culminating with a championship game in early July. The leadership team includes experienced professionals such as Frank Murtha, CEO, and Greg Campbell, CFO. MLFB is also in discussions with two national marketing firms for potential broadcast agreements and sponsorship deals while exploring additional franchise cities.

Major League Football (OTC PINK:MLFB) provided an update on its operational activities ahead of the 2023 spring season. Key highlights include the filing of its Form S-1 Registration Statement with the SEC, which has the potential to secure $5 million through two Stock Equity Purchase Agreements. The company is actively scouting players and interviewing marketing firms for broadcast and sponsorship deals. Additionally, MLFB is assessing new franchise cities and has engaged Emerging Growth Services for investor relations. Shareholders will receive notices for a Consolidated Annual & Shareholder Meeting.

Major League Football, Inc. (MLFB) has filed a Form S-1 Registration Statement with the SEC, linked to Common Stock Purchase Agreements totaling $5,000,000 with Janbella Group LLC and Alumni Capital LP. CEO Frank Murtha indicated that SEC approval would allow MLFB to retire certain debts and prepare for the Spring 2023 season. He expressed satisfaction with the investor support following the suspension of training camps in July 2022, affirming plans for both existing and new markets in 2023.

Major League Football (OTC PINK:MLFB) announced on August 18, 2022, the receipt of a $2,500,000 Stock Equity Term Sheet from an institution. Additionally, on August 22, 2022, the company revealed it has secured a further $5,000,000 Stock Equity Term Sheet from another institution. The CEO, Frank Murtha, confirmed that MLFB remains committed to fulfilling its obligations as it prepares for a full Spring football season in 2023. The company is currently reviewing these proposals and expects a third term sheet from a prior institutional investor.

Major League Football (OTC PINK:MLFB) has announced plans to cancel its remaining training camp for 2022 while preparing for a full season in 2023. The company is currently reviewing a $2.5 million Stock Equity Term Sheet from an institution, aimed at covering previous player expenses and trade obligations. The management team remains dedicated to this financial strategy, and the company anticipates receiving additional financing offers from past investors. This development highlights the company's focus on stabilizing operations and preparing for future growth.

Major League Football (OTC PINK:MLFB) announced a significant delay in funding for its 2022 Training Camp and the season's opening, causing suspension of operations. CEO Frank Murtha expressed disappointment over the unforeseen circumstances affecting the league. He reassured stakeholders that all obligations to vendors in Mobile will be met. The company is committed to resolving these issues swiftly, prioritizing the welfare of players and coaches who have shown remarkable patience during this disruption. The situation is viewed as temporary as they work on solutions.

Major League Football (OTC PINK: MLFB) has welcomed over 270 professional football players to Mobile, Alabama for their Spring Training camp, emphasizing the intensity of preparation with daily practices. The organization has launched an updated website showcasing videos and photos of the training process. The upcoming Jamboree on July 24 will feature skill practice among teams in a controlled setting, complete with food trucks and tailgate events. The 2022 season schedule has been announced, with games starting on August 9. Interested investors are encouraged to visit their website for more information.