MAJOR LEAGUE FOOTBALL INC - MLFB STOCK NEWS

Major League Football (MLFB) announced the receipt of a Term Sheet for a $7,500,000 Equity Line Investment from an institutional investor. President and CEO Frank Murtha stated that the terms are under review by the Board of Directors and financial consultants, and the offer is pending acceptance. This initiative reflects the company's ongoing effort to attract potential investors. Prompt due diligence has commenced, with additional information to be shared as it becomes available.

Major League Football has appointed Terry Shea as its new Head Coach to enhance player and coach development. Known for his extensive experience in both college and NFL coaching, Shea is expected to align with the league's core values and commitment to player growth. CEO Frank Murtha highlighted Shea's knowledge and ability to foster individual growth within the team. Shea, a protégé of Bill Walsh, aims to prepare players for higher levels of competition, emphasizing a developmental approach to coaching.

Major League Football (OTC PINK:MLFB) has announced Jerry Glanville as its first Head Coach as it approaches training camp. CEO Frank Murtha emphasized Glanville's extensive football experience and success in league development. Glanville, known for his focus on player development, aims to elevate athletes both on and off the field. His diverse background includes coaching in the NFL and involvement in spring league start-ups, positioning him as a valuable asset for MLFB's growth.

Major League Football (OTC PINK:MLFB) received SEC qualification for its Regulation A offering effective February 8, 2022. Investors can purchase shares at $0.021, with a minimum investment of $5,000. The league aims to develop players and coaches, providing insights into professional football through various media platforms. Season launch is expected in May 2022, following player selection in March. Executives emphasize the focus on building a sustainable league with a strong emphasis on player development. The initiative marks a crucial step in establishing MLFB as a professional developmental league.

Major League Football, Inc. (OTC PINK:MLFB) is actively pursuing short-term financing, seeking approximately $3 million followed by $27 million in 2022. The company is collaborating with a reputable New York investment bank and has received a non-binding term sheet for a $5 million equity line, currently under review. Additionally, MLFB is preparing for a Tier 2 Regulation A offering with legal counsel assisting in SEC filings. These initiatives represent significant steps in financing for the planned Spring season in 2022, although there are no guarantees of finalizing these funding efforts.

Major League Football, Inc. (OTC PINK:MLFB) announced the closure of a Convertible Senior Note sale with Warrants for a total of 25 million shares priced at $0.03 and $0.035 each. This funding aims to support the upcoming 2022 playing season, with training camps starting in April 2022 in Lakewood Ranch, FL. The transaction was completed on November 29, 2021. Additionally, MLFB is in search of new corporate offices in Lakewood Ranch to accommodate executives and key staff, as well as evaluating facilities in franchise cities.

Major League Football, Inc. (MLFB) is considering 10 cities for its initial six team franchises, including Mobile and Montgomery in Alabama, Little Rock in Arkansas, and multiple cities in Texas. Training camp is set for Mid-April 2022 at Premier Sports Complex in Florida, before teams relocate to their home cities. MLFB has acquired equipment and assets from the defunct Alliance of American Football. Additionally, the company has engaged Irish Armour Security for team and stadium safety coordination with local authorities.

MLFB announces the appointment of Tom Lewand as Special Executive Consultant. Lewand, formerly President and CEO of the Detroit Lions, brings over 20 years of NFL experience, including overseeing significant projects like Ford Field. His role will enhance MLFB's connections within the NFL and improve business strategies. Lewand's previous experience includes leading Shinola Detroit to profitability. CEO Frank Murtha emphasized Lewand's extensive network and experience, which will strengthen MLFB's executive team and relationships with NFL teams.

MLFB has outlined its plans for a 2021 season despite ongoing COVID-19 challenges. The company is shifting from a full six-team season to a more manageable 'Demonstration Season', featuring fewer games and teams, governed by health protocols. Initially, a training camp was slated for April, but the focus is now on providing safe, nationally televised events in at least three cities. The format aims to mitigate financial risks while ensuring safety for players and fans. Further details are expected, with the season concluding in July.