By Hector Villarreal

WBA featherweight champion Celestino "Pelenchin" Caballero, and his advisor/former manager Rogelio Espiño, held a press conference on Tuesday morning at the El Jade Tavern in Panama City, Panama - to explain his position and possible legal moves in reaction to the WBA's threat of stripping him of the belt if he does't sign another fight contract with promoter Sampson Boxing for his next mandatory defense.

Caballero and Espiño explained what they consider violations of the WBA rules, Muhammad Ali Act and simple contractual procedures.