Alliance MMA sued for securities law violations

[TheHNICuLuv2Hate]

An investor is none too happy that Alliance’s stock is tanking and certain corporate filings contained “an error.”

http://www.bloodyelbow.com/2017/4/18/15330438/alliance-securities-law-class-action-lawsuit-mma-news

 

[skylolow]

Who the hell would ever want to invest in MMA outside of the UFC???

History of this sport is ugly at best from a financial stand point.

 

[TheHNICuLuv2Hate]

Who the hell would ever want to invest in MMA outside of the UFC???

History of this sport is ugly at best from a financial stand point.

I don't think investing in the UFC right now is such a great idea either.

 

[InfinityLens]

There was a company a few years ago that did this (bought up a bunch of lower level MMA asset's), they went out of business.

What was their name again?

 

[Pakman]

There was a company a few years ago that did this (bought up a bunch of lower level MMA asset's), they went out of business.

What was their name again?

one of those company's went public last year. I know a guy involved with CFFC was involved, not sure if its same one you're talking about

 

[InfinityLens]

^^^This was a few years ago, so I don't think it was that one.

 

[leto1776]

There was a company a few years ago that did this (bought up a bunch of lower level MMA asset's), they went out of business.

What was their name again?

Elite XC.

 

[InfinityLens]

^^^Pretty sure them.