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Date
of Report (Earliest Event Reported): October 3, 2008
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ProElite,
Inc.
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(Exact
name of registrant as specified in its charter)
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New
Jersey
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000-31573
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22-3161866
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(State
or other jurisdiction
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(Commission
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(I.R.S.
Employer
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of
incorporation)
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File
Number)
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Identification
No.)
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12121
Wilshire Boulevard, Suite 1001
Los
Angeles, California
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90025
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(Address
of principal executive offices)
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(Zip
Code)
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Registrant’s
telephone number, including area code:
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(310)
526-8700
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N/A
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(Former
name or former address, if changed since last report)
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o
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Written
communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
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o
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17
CFR 240.14a-12)
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o
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17
CFR 240.14d-2(b))
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o
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17
CFR 240.13e-4(c))
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ITEM
1.01
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Entry
into Definitive Material
Agreement.
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ITEM
2.03
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Creation
of a Direct Financial Obligation or an Obligation under an Off-Balance
Sheet Arrangement of a
Registrant.
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PROELITE,
INC.
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Date: October
9, 2008
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By:
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/s/ CHARLES
CHAMPION
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Charles
Champion, Chief Executive Officer
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