Universal Capital Management, Inc. Announces Board Changes
July 18, 2014 at 05:10 pm EDT
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Universal Capital Management, Inc. announced that the registrant's board of directors appointed Thomas J. Marino as Executive Chairman of the registrant's Board of Directors. The position of Executive Chair of the Board of Directors is an executive position with the registrant. Mr. Marino accepted his nomination to this position on that same date.
Mr. Marino's term as a member of the Board of Directors will continue until the next annual stockholder's meeting or until his successor is duly appointed and Michael D. Queen resigned as the registrant's President and Chief Executive Officer. Mr. Queen continues to serve as a member of the registrant's Board of Directors and his term as a member of the Board of Directors will continue until the next annual stockholder's meeting or until his successor is duly appointed.
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.