Major League Football, Inc. Reports Earnings Results for the First Quarter Ended July 31, 2022
September 14, 2022 at 05:07 pm EDT
Share
Major League Football, Inc. reported earnings results for the first quarter ended July 31, 2022. For the first quarter, the company reported revenue was USD 0.008677 million. Net loss was USD 3.72 million compared to USD 0.560924 million a year ago.
Basic loss per share from continuing operations was USD 0.01.
Major League Football, Inc. intends to establish, develop, and operate Major League Football (MLFB) as a professional spring/summer football League. The Company has four initial franchises located in cities overlooked in large part by existing professional sports leagues and provides fans with quality players and competition in the NFL's off-season. Its teams are located in Ohio, Virginia, Arkansas and Alabama. The Company primarily intends to operate the league as a single entity owned, stand alone, independent sports league. MLFB plans to serve as a pipeline to develop players, coaches, officials, scouts, trainers, and all other areas of the game that the NFL needs. MLFB intends to underscore the fan's access to team members, coaches, league officials and other fans. MLFB also intends to develop an Internet and mobile strategy, which includes developing a mobile initiative, where fans can interact with the league, its players, its coaches, and other fans using their mobile phones.
MAJOR LEAGUE FOOTBALL, INC. 
