Ise Blu Equity Corp. Announces in Excess of One Million Dollars in Funding for Masters of The Cage Fight Series
March 13 2008 - 1:45PM
Marketwired
ORLANDO, FL announced today that it has received in excess of $1
million in funding for its subsidiary Masters of The Cage (MOTC) to
promote its Ultimate Underdog tournament. This funding is a
participation agreement that will provide each investor with a
return on investment ranging from 35% to 50% of the profit from the
events. There is no stock to be issued in any of these
agreements.
The tournament will feature five events with the first two in
Oklahoma City, OK, another event in either Oklahoma or Florida and
the last two in Atlantic City, NJ. We expect this tournament will
include dates in May to October. We are currently negotiating with
each venue for dates.
This tournament features a single elimination format with four
fighters in each of eight weight classes fighting for the right to
fight a current or former champion. Only seasoned fighters may
participate. The undercard fights will feature other fighters vying
for a spot as an alternate should any fighter who wins be injured
or unable to fight in the next fight. Each card will have a minimum
of ten bouts. The majority of fighters involved in these events are
under contract to our Fight Co, Inc. subsidiary. Additional
fighters will come from other fighter management agencies and major
training facilities around the country. At least two of the
champions or contenders will attend each of the first four events
to sign autographs and provide seminars in each host city.
We will provide additional information next week on the progress
of venue and television negotiations. Our management has been in
contact with several fighters, managers, training facilities and
current top ranked or champion fighters. Management expects to be
traveling the majority of next week and the following week meeting
with additional parties in at least 6 cities.
We intend to form a mixed martial arts league with the Masters
of The Cage brand to promote the sport and provide better training
and bouts around the country in a regional format. In excess of
20,000,000 participate in MMA training annually in the U.S. alone
with many having a desire to further hone their skills through
competition. The growth potential as evidenced in the last three
years is phenomenal and we are at the forefront of this effort.
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995: The statements contained in this release that
are not historical, are forward-looking statements that are subject
to risks and uncertainties that could cause results to differ
materially from those expressed in the forward-looking statements,
including but not limited to certain delays and risks detailed from
time to time in the company's filings with the Securities and
Exchange Commission.
Contact: Ise Blu Equity Corp. Email Contact
http://www.lgnentertainment.com
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