Eline Entertainment Group Inc (EEGI)

[06goat]

The OS was 3 B a few months ago. Roughly 5.5 B have been added to the OS from conversions of common shares to eliminate all existing debt from previous management, make acquisitions and issue themselves some shares as a security deposit of which they state half will be returned within months.

The biggest threat of this investment is a RS which they state will not happen. Along with that, all shares issued are common so they're in the same boat as us! If they were planning to split they would've issued preferred shares instead of commons.

GL

BTW most of those shares issued are supposed to be contractually locked up so they can't sell them anytime soon.

$EEGI