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EEGI 0001 News out

Jan 12, 2017
OTC Disclosure & News Service

Scottsdale, AZ - Eline Entertainment Group, Inc. (OTCPink: EEGI) Announced today that the company will be taking a new direction in one of the most exciting emerging markets in the 21st Century. More details about the company direction, facilities and new assets will be announced shortly as soon as certain administrative tasks have been put into place. The company, under an entirely new management team wants to remain cautious about releasing specific information before it is ready, but assures shareholders that the industry, and people involved are very serious about making Eline a success.

Although former management are phasing out to make room for the new direction, they will make sure that the torch is passed properly and adequately so that the company becomes, and remains current in its disclosures with OTCMarkets. The most current disclosure needed to raise the company to the "Pink Current" tier is expected to be posted very soon, showing a significant'y cleaner balance sheet with much less debt and in a much better position moving forward to avoid unnecessary dilution. More information will be following this exciting announcement very soon and the company asks for the shareholder's patience so that it can be done the right way to maximize value.

Those interested in the company are encouraged to contact the company's Investor Relations Advisor, Adam Weiss at [e-mail], but are cautioned that no information about the new direction or management team will be discussed with anyone before it is released through traditional media channels.

DISCLAIMER
This Press Release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The Company has tried, whenever possible, to identify these forward-looking statements using words such as "anticipates," "believes," "estimates," "expects," "plans," "intends," "potential" and similar expressions. These statements reflect the Company's current beliefs and are based upon information currently available to it. Accordingly, such forward-looking statements involve risk, which could cause the actual results to differ materially from those expressed in or implied by such statements. The Company undertakes no obligation to update or advise in the event of any change, addition or alteration to the information catered in this Press Release including such forward-looking statements.
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