Eline Entertainment Group Inc (EEGI)

[JimBobCooter]

A couple of details people are missing here and likely a crucial one to put things into perspective.

Yes the OS shot up like crazy. It sucks but its all relative to other information. Number of shareholders actually dropped.

The overwhelming majority of those shares will be held by insiders. Insiders typically hold restricted shares but even if they aren't there would be no benefit to have issued themselves shares just to sell at 0001.

They are confident that the magnitude of this deal will support the pps, otherwise they would have never done it. They could have just as easily issued themselves preferred shares for voting rights and left it at that. We don't know the motive behind them issuing so many shares to themselves, all we can do is wait and see. Complaining about it won't change anything.

DEBT CONVERSIONS ARE OVER. I can't scream this one enough. This in and of itself is enough for me to stick around to see what the company has. This is as big in the pinks as any amount of revenues. We are about to get revenues, earnings, and no convertible debt at trip 1. Show me another one of these in the pinks and I will buy it as well. These simply just don't exist in the pinks. Not even with 8.1B in OS. I couldn't care if 8.1B was the float with no convertible debt. That is an average of about 4.5m shares per shareholder. That ain't $hit in the grand scheme of things.