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Eline Entertainment Group Inc. (EEGI)

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Last Post: 9/20/2017 8:00:02 AM - Followers: 420 - Board type: Free - Posts Today: 1

Eline Entertainment Group Inc. (EEGI)


- Chasem /Post #38430

June 8th, 2017 - ELINE ENTERTAINMENT INC "Share structure down almost 50%! Pending merger. New management. Three separate stakeholders with 2,7 Billion shares plus another 1,3 Billion to be returned to treasury! Multiple filings under way! Ideal for sub penny players! " *1

Pink Sheet:

Quick DD: 

Business Description

Eline Entertainment Group Inc (OTC: EEGI) Is a holding and consulting company in the process of refocussing its business model through a series of acquisitions and changes in management. As of August 2017, it has been confirmation through the Wyoming filing (see below) that there are new owners, and their credentials are well worth the time to take a look at. Also (it has been confirmed that) the old management is 100% gone which is vital because the shell has an ugly past. EEGI is in the process of a reverse merger with new ownership. See below.


A reverse merger is a simplified, fast-track method by which a private company can become a public company. A reverse merger occurs when a public company that has no business and usually limited assets acquires a private company with a viable business. The private company "reverse merges" into the already public company, which now becomes an entirely new operating entity and generally changesname to reflect the newly merged company's business. Reverse mergers are also commonly referred to as reverse takeovers, or RTO's.

Going public (in any way) is attractive to companies because after going public, the company can use its stock as currency to finance acquisitions and attract quality management; capital is easier to raise as investors now have a clearly defined exit
strategy; and insiders can create significant wealth if they perform.

The reverse merger is an alternative to the traditional IPO (initial public offering) as a method for going public. Many people don't realize there are numerous other ways for
private company to become publicly traded outside of the IPO. One widely used method is the "Reverse Merger".

The reverse-merger method for going public is more prevalent than many investors realize. One study estimates that 53% of all companies obtaining public listings in 1996 did so through the "Reverse Merger". The same study concluded about 30% of newly publicly listed companies got there through Reverse Mergers in 1999. Percentages have recently dropped because Wall Street Investment Banking firms have had a huge appetite for IPOs in the late 90s. This led to many marginal companies receiving enormous financial windfalls.

In a reverse merger, the original public company, commonly known as a "shell company," has value because of its publicly traded status. The shell company is generally recapitalized and issues shares to acquire the private company, giving shareholders and management of the private company majority control of the newly formed public company.

The RTO (reverse take over) method for going public has numerous benefits for the private company when compared to the traditional IPO:

* Initial costs are much lower and excessive investment banking fees are avoided.
* The time frame for becoming public is considerably shorter.

There are also several disadvantages of going public through the RTO as compared to an IPO:

* There is no capital raised in conjunction with going public.
* There is limited sponsorship for the stock.
* There is no high powered Wall Street Investment Banking relationship.
* The stock generally trades on a low exposure exchange.
- - - - -

Eline Entertainment Group, Inc. ( OTC: EEGI) was a heavily diluted issuer with nominal operations that engaged in extreme toxic financing. Acting on directions of the preferred shareholder we were retained to locate interim management, stop the toxic financing activities and locate a new meaningful merger candidate with substance. This when completed will allow both the common and preferred shareholders and stakeholders to gain and realize benefit in their holdings.

Company is in restructuring mode
All past management has been removed.
New interim turn around management appointed
New interim management in talks with several merger candidates
Re-domiciling to Wyoming well under way
Awaiting EDGAR Key to file 8K ( next 7 -10 days)
In talks with several majority block holders for share lock up to significantly reduce the float
So far 800 million common shares in lock down mode
In addition an additional 600 million common shares in discussion for a lock down / dribble out arrangement
Consolidation created at least 2 stakeholders with greater than 5% holdings but less than 10%. Schedule 13g is in the works by these stakeholders
No toxic financing what so ever currently under way nor is any planned by current turn around management
Current merger candidates include a marijuana cultivating company, a virtual reality company, a medical supplement company and a on line discount travel firm.

This is a great time to enter this no bid 0.0001 play.

No where to go but UP!

Once these tasks are completed the next wave of planned activities including utilizing new OTC rules should make EEGI sky rocket

Possible Partner #1
New Director, Sam Abifaraj, according to Wyoming,

Vice President, Manufacturing & Production
Regent Energy Group Ltd.
Regent Energy Group Ltd. provides sand control and enhanced oil recovery completion solutions. The firm operates as an enhanced oil recovery company and the international provider of the top sand control and best steam distribution solutions, custom industrial applications, and specialized machining services, and professional industry consultants. The company was founded in 2005 and is headquartered in Nisku, Canada.

Regent Energy Group Ltd
Other Industrial Machinery Manufacturers - Nisku - Canada
Phone Number:
(780) 955-4288
3735 8 St
Nisku, Alberta T9E 8J8
Regent Energy Group Ltd is a mid-sized organization in the other industrial machinery manufacturers industry located in Nisku, Canada. It opened its doors in 2009 and now has an estimated $14 million in yearly revenue and approximately 150 employees.

Possible Partner #2

Hill Country Royalty Partners LLC
Dennis Aber
Still Active

Dennis Abert President and Rich Gotcher VP Eline Entertainment.
Dennis is the owner, funder and CEO of many entities and most of those are in the OIl & Gas Royalties Arena
Looks like the only website owned by him could be the one we'll see when EEGI goes current, or on any update from our New CEO.

It was created just after the Wyoming filings also:
Another private company in JV with them mentioned also on that snapshot:

Rich Gotcher is currently VP of Worldwide Structure Finance and VP of Eline Entertainment![bortcher.PNG

Frank Scannavino Director of Worldwide Structure Finance.
Frank Scannavino is a broker at his own agency that actually put packages together for the SBA, A candid conversation with SBA certified agent Frank Scannavino, CPA. Frank addresses the process of applying for SBA loans in search of capital.

Rich Gotcher and Dennis are both members of Worldwide Structured Finance
That company also filed with the SEC to raise up to $2 Billion in 2016
And they filed with the SEC in 2014, to raise up to $40 Million, if upgraded from $20 Million

August 26th, 2017 - MAJOR DD with EARNINGS

Could one or all of these companies be rolled into EEGI symbol???
COMPANIES OWNED and Directed by Dennis Abert

founded 2018

founded 2014?
Hill Country Royalty Partners LLC

founded 1998
Techus Group Real Estate Company- run with wife Jan Abert

Business Description
Techus Group is located in Kerrville, Texas. This organization primarily operates in the Real Estate Agents and Managers business / industry within the Real Estate sector. This organization has been operating for approximately 19 years. Techus Group is estimated to generate $92,000 in annual revenues, and employs approximately 2 people at this single location.

Same address and number for EEGI wyoming SOS

$EEGI:Wyoming SOS/Filings - New CEO & Website DD==>


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#37393  Sticky Note $EEGI I almost fell off my chair when chasem 08/13/17 03:39:34 PM
#39451   Yep. You riding that wave too? ONC$$$ has ford7319 09/20/17 08:00:01 AM
#39450   Yes sir. I have seen that also, and Patient shareholder 09/19/17 11:59:46 PM
#39449   Yes sir, time will tell for sure. ranger_7 09/19/17 11:55:41 PM
#39448   Time will tell for sure. I remember people saying parkwayvolta2 09/19/17 11:51:09 PM
#39447   Another email written in slang that is. ranger_7 09/19/17 11:51:04 PM
#39446   I would rather patiently wait for real news Patient shareholder 09/19/17 11:49:31 PM
#39444   That is exactly how fast you will exit sealskin123 09/19/17 11:40:29 PM
#39443   My guess would be another "email" ehhhmmm... From Patient shareholder 09/19/17 11:36:27 PM
#39442   When good news hit, 2s will be gone ranger_7 09/19/17 11:16:32 PM
#39441   33 now - EEGI is rocking it! Lol ranger_7 09/19/17 11:08:37 PM
#39440   I agree! Things are happening behind closed ranger_7 09/19/17 11:07:33 PM
#39439   Do you have a proof that this is ranger_7 09/19/17 11:01:34 PM
#39438   2's were not 'up'!!! Amievil 09/19/17 10:48:13 PM
#39437   But I will say it doesn't make much moneybags888 09/19/17 06:35:50 PM
#39436   TRUE DAT ! Only the filings and the moneybags888 09/19/17 06:32:33 PM
#39435   Make that 26 posts ;) And yeah people are parkwayvolta2 09/19/17 06:31:17 PM
#39434   LMFAO ranger_7 09/19/17 06:24:23 PM
#39433   Love this board. 25 posts!!!! And no one daveymoore 09/19/17 06:02:21 PM
#39432   Yes sir. Patients is definitely the key with EEGI. Patient shareholder 09/19/17 05:47:26 PM
#39431   Cant come soon enough , patience is key here. moneybags888 09/19/17 05:39:28 PM
#39430   Not bad volume again today for EEGI. With Patient shareholder 09/19/17 05:30:02 PM
#39429   Slap that ASK if you want to keep OTC_Buyer 09/19/17 02:03:19 PM
#39428   2's are up, nice ;) parkwayvolta2 09/19/17 01:56:18 PM
#39427   News could be any minute, could be any moneybags888 09/19/17 01:46:56 PM
#39426   BEEN TRYING THIS ABOUT 8 YEARS MADE A housemoney4sure 09/19/17 01:28:23 PM
#39425   Hopefully learning for sure. Some are painful lessons, moneybags888 09/19/17 01:12:48 PM
#39424   ALOT OF US HAVE DONE EXACT SAMETHING LEARNING housemoney4sure 09/19/17 01:05:24 PM
#39423   we could of got out @ .0002 but housemoney4sure 09/19/17 01:01:17 PM
#39422   We are getting more and more volume which ranger_7 09/19/17 12:15:55 PM
#39421   We must be very close to get an TONY55 09/19/17 10:53:09 AM
#39420   Exactly, that was my point for sure. You moneybags888 09/19/17 10:53:03 AM
#39419   Yes sir, same here. We live and ranger_7 09/19/17 10:39:51 AM
#39418   Possible signal ? We hope so ! moneybags888 09/19/17 10:28:17 AM
#39417   Yes that 67 happened then the 1's disappeared moneybags888 09/19/17 10:27:31 AM
#39416   I saw those 1's go bye bye, hmm, moneybags888 09/19/17 10:25:07 AM
#39415   That's weird ... I saw another 67 buy OTC_Buyer 09/19/17 10:23:27 AM
#39414   Looks like about 1.8 mill ones left. Pretty moneybags888 09/19/17 10:12:03 AM
#39413   That had to be it. My last triple moneybags888 09/19/17 09:33:10 AM
#39412   Yeah - I think our friend fat fingered ranger_7 09/19/17 08:46:55 AM
#39411   I would think .02 would be a good moneybags888 09/19/17 08:40:48 AM
#39410   If I wanted to exit at .0002, I ranger_7 09/19/17 07:56:48 AM
#39409   Sounds like you are exiting at .0002 IMO sealskin123 09/19/17 01:14:49 AM
#39407   In my opinion we will be very happy ranger_7 09/18/17 10:17:39 PM
#39406   Thanks for the invite .... excited to see parkwayvolta2 09/18/17 10:06:30 PM
#39405   Yes sir, especially if news are good! ranger_7 09/18/17 09:26:31 PM
#39404   Good luck man, nice to have you onboard. ranger_7 09/18/17 09:26:16 PM
#39403   Man we get news the sky's the limit!! King Congo 09/18/17 09:02:50 PM
#39402   I just jumped in at 1's myself , parkwayvolta2 09/18/17 08:41:42 PM
#39401   Very nice volume today. Patient shareholder 09/18/17 08:03:54 PM
#39400   Good luck MOCKBA Patient shareholder 09/18/17 07:37:06 PM