Major League Football Inc (OTCMKTS:MLFB) Stock Jumps: Announces Mobile as Final Host City for Inaugural 2022 Season
Major League Football Inc (OTCMKTS:MLFB) is a publicly-traded company operating as a professional football league. Headquartered in Lakewood Ranch, Florida, the company’s mission is to give personal and professional growth opportunities to coaches, trainers, players, and front office personnel through original broadcasts. In addition, it aims to provide participants with exposure to NFL as well as professional leagues for advancing careers.
Market Stats
On Thursday, MLFB stock moved up 6.82% to $0.0235 with more than 3.18 million shares, compared to its average volume of 1.92 million shares. The stock moved within a range of $0.0200 – 0.0240 after opening trading at $0.0200.
Major League Football (MLFB) Announces Mobile as Final Host City for Inaugural 2022 Season
Major League Football on June 23, 2022, announced Mobile, Alabama as the fourth and final home city for the inaugural season, commencing August 9. Mobile will be joining the earlier announced Canton, Little Rock, Ohio, Arkansas, and Virginia Beach, which support the firm’s vision of exciting football played within a sustainable business model. The company’s team will be known as Alabama Airborne and the home games would be played at Ladd-Peebles Stadium. On the other hand, Arkansas Attack home games would be played in the historic War Memorial Stadium. The home games for Virginia Armada will be set in Virginia Beach Sportsplex whereas Ohio Force fans can cheer the team at the Canton Hall of Fame Bowl.
MLFB CEO Frank Murtha expressed delight in announcing Mobile as MLFB’s fourth host city. Murtha added that the four teams will provide supporting markets for the season as well as a solid foundation for Spring 2023 as the company looks to become America’s home for Professional Spring Football. The CEO further stated that the addition of Mobile to the league line-up positions the company for this season and beyond.
Mobile Mayor Sandy Stimpson expressed excitement about being one of the only four cities across the country to host an MLFB team for summer training camp as well as games. Stimpson added that this would make a significant economic impact as hundreds of visitors enjoy MFLB.
Mobile County Commission President Connie Hudson welcomed Major League Football to the beautiful Mobile County, Alabama. Hudson hopes both staff members and visiting league teams have a wonderful experience and enjoy their stay in Mobile.
Danny Corte, Executive Director of the Mobile Sports Authority extended a hearty Mobile, Alabama welcome to Major League Football teams and looks forward to being the co-host for the league’s first training camp this summer.
Key Quote
“Today I am delighted to announce Mobile as MLFB’s fourth host city,” said MLFB CEO Frank Murtha. “Mobile joins Canton, Little Rock, and Virginia Beach as our “Core Four.” These four unbelievably supportive markets provide not only a tremendous base for this season but also a solid foundation for Spring 2023 when we begin our quest to become America’s home for Professional Spring Football.”
Traders Corner
MLFB stock is trading above the 20-Day and 50-Day Moving averages of $0.0225 and $0.0230 respectively. Moreover, the stock is trading above the 200-Day moving average of $0.0199.
