Connect with us

Alt Football

PR: MLFB Announces $2,500,000 Term Sheet, Will Return In 2023

Mark Perry Editor Of XFL News Hub – Tread lightly on this players. MLFB’s web site is still down due to none payment and people did leave the company after last months mess.

LAKEWOOD RANCH, FL / ACCESSWIRE / August 18, 2022 / Major League Football (OTC PINK:MLFB) President and CEO announced today that in conjunction with the Company’s previously announced plan to cancel the remainder of its training camp for 2022, while moving forward with operations for a full season for 2023, that the Company has received from an institution an initial Stock Equity Term Sheet in the amount of $2,500,000, which it is reviewing.

As previously announced, the Company plans on paying all obligations previously incurred for player expenses, and other trade obligations. Our excellent staff remains intact and dedicated to this plan.

In addition, we expect to receive additional offers of financing in the near future from institutions who have previously invested in us. For more information click here.

Contacts:
Frank Murtha, CEO
F.murtha@mlfb.com
Kevin Mclenithan, IR
k.mclenithan@mlfb.com

SOURCE: Major League Football, Inc.

📢 Attention XFL News Hub community! We've got a quick 30-second survey and we need your thoughts. Your feedback will help us to bring you the XFL content you love even better. Just click the link in the description below to get started. Thanks for being a part of our team!
Unleash the Action: Sign up for XFL Insider and Fuel Your Passion for Football!

Related Topics

Mark is the founder and editor of XFL News Hub. The site was started in January of 2018, within days of the announced return of the XFL. Contact him directly by emailing mark.perry@xflnewshub.com

1 Comment

1 Comment

  1. Joseph S.

    August 24, 2022 at 4:50 pm

    Mark, I can’t believe the BS from this snake oil salesman Bertha. It may be wrong to give him any news coverage as it only gives him some minute relevance. He needs to be criminaly investigated.He and his league have greatly wronged too many athletes.

    Reply

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

XFL News Alerts

XFL 2023 Season Attendance Recap: The Ups and Downs

Latest Podcast

Subscribe XFL Podcast

iTunes

Spotify

Stitcher

iHeart

Get Alerts & Stay Connected

XFL iPhone App


XFL Android App

More in Alt Football