Despite Amazing Talent and Passion at Training Camp, MLFB Experiences Funding Delay

Rhea-AI Summary

Major League Football (OTC PINK:MLFB) announced a significant delay in funding for its 2022 Training Camp and the season's opening, causing suspension of operations. CEO Frank Murtha expressed disappointment over the unforeseen circumstances affecting the league. He reassured stakeholders that all obligations to vendors in Mobile will be met. The company is committed to resolving these issues swiftly, prioritizing the welfare of players and coaches who have shown remarkable patience during this disruption. The situation is viewed as temporary as they work on solutions.

Positive

• MLFB aims to fulfill all vendor obligations in Mobile.
• CEO Murtha is actively seeking solutions to the funding delay.

Negative

• Full funding for the 2022 Training Camp and season opening was not secured.
• Training Camp has been suspended due to unexpected financial delays.
• Potential delay in the start of the 2022 season.

LAKEWOOD RANCH, FL / ACCESSWIRE / July 29, 2022 / Major League Football (OTC PINK:MLFB) Major League Football (MLFB) regrets to announce that full funding for the 2022 Training Camp and opening of the 2022 season was not completed as planned. "An unexpected delay has caused us to suspend Training Camp and potentially delay the beginning of the 2022 season" says CEO Frank Murtha. "The city of Mobile and all of the associated groups had been wonderful to us. It is very disappointing to have something outside of my control create such a problem for everyone. All the players and coaches have shown incredible grace through all of this disruption. Our deepest apologies go out to them. We are working with the hotel groups, caterers, and everyone to try and get this back on track. Our primary concern today is to get the players home quickly. We will be meeting continuously over the next few days to correct this situation."

"We fully intend to satisfy all of our obligations to vendors in Mobile," Murtha continued. "This is a temporary delay in operations and I am working tirelessly to correct this situation. As I have said, our first goal is to take care of all of the players and coaches and get them back home. Every waking moment is dedicated to working on solutions."

About MLFB

Major League Football, Inc. (OTC symbol MLFB), headquartered in Lakewood Ranch, Florida, is a publicly traded company operating as a professional football league. Our mission is to provide personal and professional growth opportunities to football players, coaches, trainers, and front office personnel. Then, through our original broadcasts, provide those participants exposure to the NFL and other professional leagues so they can advance their careers.

Interested investors seeking to learn more about MLFB should visit https://investinmlfb.com/

MLFB Media Contact:

Bill Lyons
MLFB Chief Marketing Officer
Media Inquiries: media@mlfb.com

SOURCE: Major League Football, Inc.

View source version on accesswire.com:
https://www.accesswire.com/710299/Despite-Amazing-Talent-and-Passion-at-Training-Camp-MLFB-Experiences-Funding-Delay

FAQ

What caused the funding delay for Major League Football (MLFB) in 2022?

The funding delay for MLFB was caused by unforeseen circumstances outside of the company's control, leading to the suspension of the Training Camp.

How does the funding delay affect MLFB's 2022 season?

The funding delay has resulted in a suspension of the Training Camp and could potentially delay the start of the 2022 season.

What is MLFB doing to resolve the funding issues?

MLFB's CEO Frank Murtha is working tirelessly to correct the situation and ensure all obligations to vendors are met.

What are MLFB's plans for the players and coaches amidst the delay?

MLFB is prioritizing getting the players and coaches home quickly while they work on solutions to the funding delay.