Major League Football, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended January 31, 2022
March 17, 2022 at 04:09 pm EDT
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Major League Football, Inc. reported earnings results for the third quarter and nine months ended January 31, 2022. For the third quarter, the company reported net loss was USD 0.481639 million compared to USD 3.13 million a year ago.
For the nine months, net loss was USD 1.23 million compared to USD 3.02 million a year ago.
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.