Major League Football, Inc. Reports Earnings Results for the Full Year Ended April 30, 2020
August 13, 2020 at 02:35 pm EDT
Share
Major League Football, Inc. announced earnings results for the full year ended April 30, 2020. For the full year, the company announced total revenue - ar was USD 0 compared to USD 2,100 a year ago. Operating loss was USD 581,023 compared to USD 624,164 a year ago. Net loss was USD 1.510 million compared to USD 746,292 a year ago. Basic loss per share from continuing operations was USD 0.01 compared to USD 0.01 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.
MAJOR LEAGUE FOOTBALL, INC. 
