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International Fight League (IFL) Becomes Publicly Traded Company.

Publication: Business Wire
Publication Date: 29-NOV-06
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Completes Merger and Begins Trading Under New Stock Symbol: IFLI

NEW YORK -- International Fight League, Inc. (OTCBB: IFLI), the world's first team-based professional mixed martial arts league, today reached another milestone in its early history, becoming one of a handful of professional sports entities to be traded as a public company. Effective today, the IFL begins trading on the over the counter bulletin board under the symbol "IFLI."

"This is a landmark day for all fight sports, ranging from Mixed Martial Arts (MMA) to professional boxing," said IFL CEO Gareb Shamus. "As a publicly traded sports entity, the IFL will be able to help the sport grow beyond its current boundaries and move into the mainstream with both fans and business partners. MMA has seen some significant growth in the last few years, from the emergence of the Ultimate Fighting Championship (UFC) on Spike TV to increasing ratings and attendance numbers, and we expect our model to add to that success in this new expanded international sports marketplace."

"For a long time,...

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