Another Exec Gone, Sale Possible?

May 23, 2008 has learned that Jeremy Goecke, the number two man under previous President Kelly Perdew, has parted ways with Proelite. This comes quickly on the heels of the resignation of Perdew, who resigned on May 20, and leaves a void of experienced leadership at the online arm of ProElite, Inc. has also heard rumors from highly placed sources that ProElite may be trying to sell the website. Such a sale wouldn’t bring much in the way of revenue but would help to get the significant losses off of ProElite, Inc.’s books. The company experienced a $3.2 million loss on website operations in 2007 and is on pace to post similar losses for 2008 based on first quarter results.

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