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Elite Group Inc. (ELTZ)

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ELITE GROUP, INC. (ELTZ)


Elite Group Incorporated is a publicly-traded OTC company under the ticker symbol: ELTZ. 

Specializing in Acquisition of Assets relating to Oil Field Water used in upstream Oil & Gas.

Elite Group, Inc.'s corporate offices are located in Frisco, TX (Dallas-Fort Worth Metroplex) 



Elite Group Inc. (ELTZ)'s Corporate Homepage: http://elitegroupenergy.com/

ELTZ's Twitter Social Media Page: https://twitter.com/elitegroupeltz?lang=en 




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NEWS: October 18, 2018 - Elite Group, Inc. Retains Ryder Scott and Safe Harbor Equity Advisors for Acquisition


Link to Today's Article: https://globenewswire.com/news-release/2018/10/18/1623326/0/en/Elite-Group-Inc-Retains-Ryder-Scott-and-Safe-Harbor-Equity-Advisors-for-Acquisition-of-Wells-in-Colorado.html


October 18, 2018 08:00 ET | Source: Elite Group Inc
 
FRISCO, TX, Oct. 18, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Elite Group, Inc. (OTC: ELTZ) a Nevada corporation announced today that the company has retained Ryder Scott Petroleum Consultants and Safe Harbor Equity Advisors to provide petroleum engineering, reserve analysis and Investment Banking for private placement funding associated with the acquisition of 17 producing oil and gas wells from Silver Lake Industries Inc.  The company has signed a letter of intent with Silverlake Industries to purchase the wells that provide annual cash flow of approximately $4.8 million. 

With the addition of Ryder Scott and Safe Harbor, the company has added two critical professional business partnerships that will enable ELITE to analyze and fund its acquisition strategy and is now in position to accelerate growth.  Additionally, the company is currently in the process of updating the appropriate corporate filings and financials and are expected to be completed shortly.

About the Company

 

ELITE Group, Inc. (www.EliteGroupEnergy.com) a Nevada corporation is an independent energy company engaged in the acquisition and development of oil and gas related assets in the United States.

Management believes it will accomplish its goal of maximizing shareholder value through strategic acquisitions, effective execution of it business model, and implementing corporate governance and oversite with strong financial controls and procedures.

Forward-Looking Statements

Certain statements in this press release and elsewhere by management of the Company that are neither reported financial results nor other historical information are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and other factors which may cause or contribute to actual results of the Company's operations varying significantly and materially from anticipated results. Debt Resolve undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by SEC rules. Investors are advised to consult any further disclosures made on related subjects in the Company's reports filed with the SEC.

 

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ELTZ Share Structure - as listed 10/24/2018 on OTCMarkets https://www.otcmarkets.com/stock/ELTZ/security

Float 68,210,063 (4/18/2017)
Authorized Shares 999,000,000 (4/18/2017) 
Outstanding Shares 899,530,798 (2/20/2018)
Transfer Agent(s): Island Stock Transfer
15500 Roosevelt Boulevard
Suite 301
Clearwater, FL 33760
727-289-0010
http://www.islandstocktransfer.com
info@islandstocktransfer.com

Kim Whiteside
kwhiteside@islandstocktransfer.com
717-289-0010




ELTZ Management Team:

Terrance A. Tecco – CEO

Mr. Tecco’s market and management experience began as a registered representative for Merrill Lynch in the Canton, Ohio office holding a Series 7 and Series 22 licenses. After his tenure with Merrill Lynch, he became Vice President of Buckhorn Oil Company with offices in Houston, Texas and Columbus, Ohio; where his duties included raising capital for drilling and land acquisitions.

Jeffrey M Lightsey (Operations)

Mr. Lightsey is a Veteran that has over 10 years’ experience working as a Petroleum Engineer for different oil and gas companies all over the world as well as his families previously owned oil and gas lease. He started his working career after the Army for NASA as the Johnson Space Center Mission Control Computer Security Executive and advancing to the U. S. Security Representative for the International Space representing the U.S. to all foreign agencies involved.

J. Mark Fox,(CPA)

Mr. Fox has over 25 years of oil and gas industry experience. He has over 20 plus years of executive management experience in various corporate positions. Responsibilities included managing oil and gas assets of over $250 MM in Texas, Louisiana, Montana, Michigan and Pennsylvania with an E&P budget of $80+ MM. He has held CFO positions in several companies.

Craig DeArmond ( Carter County Resources )

Mr. DeArmond has over 30 years of oil and gas experience providing consulting, engineering and operational support to numerous major oil and gas companies as well as private companies.

Michael Ramos ( Pirate Field Operations)

Mr. Ramos founded TMR Services in 2006 located in Rankin, TX and operated in a 200 mile radius. TMR provided a variety of services to its customers in the oil and gas industry, they included Roustabout, Dirt Work (drill pads, frac pits, pipeline construction) and maintenance, production and facilities work along with general construction and maintenance.

  
 
 
 

Elite Group, Inc. (USOTC:ELTZ)
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1 Year : From Mar 2017 to Mar 2018

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Elite Group, Inc. (USOTC:ELTZ)
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Today : Thursday 22 March 2018


ELTZ SEC Suspension for severely

delinquent Financials:


https://www.sec.gov/litigation/suspensions/2020/34-87932.pdf

Order:

https://www.sec.gov/litigation/suspensions/2020/34-87932-o.pdf

Admin. Proceeding:

https://www.sec.gov/litigation/admin/2020/34-87931.pdf




 
ELTZ
Current Price
Volume:
Bid Ask Day's Range
  • 1D
  • 1M
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  • 3M
  • 6M
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ELTZ News: Current Report Filing (8-k) 12/20/2019 09:01:21 AM
ELTZ News: Current Report Filing (8-k) 04/17/2018 08:06:26 AM
ELTZ News: Current Report Filing (8-k) 04/12/2018 08:31:17 AM
ELTZ News: Current Report Filing (8-k) 03/22/2018 11:57:30 AM
ELTZ News: Current Report Filing (8-k) 03/07/2018 11:01:48 AM
PostSubject
#31620   Less than 15 days left for all OTC's Starlight84 05/10/21 04:32:20 PM
#31619   Share structure updated today on OTCM. Terry trying Flyguys02 05/05/21 06:37:33 PM
#31618   Any recent news for this company? Whats the CodeBerries 04/21/21 01:04:40 PM
#31617   I kept a order for 10 M sudhakar 04/20/21 05:32:03 PM
#31616   Whats happening with this company now? Had a CodeBerries 04/19/21 03:41:10 PM
#31615   Let's get that uptrend going again, where did Three2001 04/01/21 01:32:59 PM
#31614   $eltz $0.0002 ? 0.0 (0.00%) Taurus69 03/17/21 07:47:36 AM
#31613   Taurus,Any news about upcoming filings? janum 03/03/21 06:41:19 PM
#31612   Same ol' same ol' Tecco.......what a scammer he Loudude117 02/25/21 01:18:50 PM
#31611   Weird thing is i thought it would have BPTrader 02/18/21 09:24:31 PM
#31610   $eltz $0.0004 v -0.0001 (-20.00%) Taurus69 02/18/21 09:15:12 PM
#31609   revocation should come soon. this is from 12/17/20. lucky,mydog 02/17/21 05:21:50 PM
#31608   It is a strange one. I would have BPTrader 02/17/21 03:25:12 PM
#31607   What the hell is going on? Does anyone know? bwayne16 02/17/21 02:46:40 PM
#31605   Took me two weeks to sell mine. FurryBrickBuilt 02/13/21 10:26:56 AM
#31604   Nobody sold any shares today... wtf looking for DarChann69 02/13/21 02:22:48 AM
#31603   Friday sell off for long weekend ! I HoanTuong 02/12/21 05:19:02 PM
#31602   I been holding on to ETLZ since the InsaneTang 02/12/21 06:46:33 AM
#31601   why is it a solid investment? because you bwayne16 02/12/21 03:25:31 AM
#31599   That's just speculation... Geegee678 02/11/21 04:56:55 PM
#31598   And the buying stopped..... LSURoss7150 02/11/21 02:30:41 PM
#31597   Good luck. I could sell but not buy. FEED THE WEED 02/11/21 12:24:41 PM
#31596   Etrade will not allow purchase of Caveat Emptor cheata425 02/11/21 12:22:00 PM
#31595   that is called "quietly loading" Insiders wanna mooner 02/11/21 12:14:36 PM
#31594   Yeah, I placed an order after my last trading.jeff 02/11/21 12:13:01 PM
#31593   I was able to sell the other day FEED THE WEED 02/11/21 12:08:11 PM
#31592   Is $ELTZ a grey sheet stock? I can't trading.jeff 02/11/21 12:05:36 PM
#31591   Already 70 10.000 hits!!!! FEED THE WEED 02/11/21 11:13:18 AM
#31590   Looks like tecco needs more money again RisingMT 02/11/21 11:07:52 AM
#31589   Looking forward to the news!!! Annjilla 02/11/21 11:05:51 AM
#31588   The trips being bought up by a group Animas 02/11/21 11:01:58 AM
#31587   Damn 8s are up FEED THE WEED 02/11/21 10:58:24 AM
#31586   Just wow. Thought i would not see this Stockmarketmaker 02/11/21 10:48:14 AM
#31585   About 20M 8s just went thru. How many Three2001 02/11/21 10:47:51 AM
#31584   Nice to see 7's going thru $ELTZ, 8's Animas 02/11/21 10:05:33 AM
#31583   Here comes the 10.000 hits again FEED THE WEED 02/11/21 09:52:27 AM
#31582   Just saw about 4M 7s,don't know if there Three2001 02/11/21 09:42:34 AM
#31581   Was Elon buying some ELTZ? Jamins 02/10/21 07:01:25 PM
#31580   A lot of 6s printed today. Wish we Three2001 02/10/21 05:38:35 PM
#31579   Again today another 650.000/ 65 10,000 hits!!! What FEED THE WEED 02/10/21 04:11:52 PM
#31578   Maybe not penny without any news but possibly Jamins 02/10/21 03:56:09 PM
#31577   somebody knows something what is up besides the pps? Jamins 02/10/21 03:47:55 PM
#31576   OTC is nuts right now....anything is possible. cheata425 02/10/21 03:45:25 PM
#31575   does this really have a chance for pennyland? bwayne16 02/10/21 03:25:09 PM
#31574   E trade allowed me to sell but not buy!!! FEED THE WEED 02/10/21 12:54:17 PM
#31573   Looks like 7's coming any minute. $ELTZ Animas 02/10/21 12:38:41 PM
#31572   td ameritrade let's you trade it as is. Jamins 02/10/21 10:34:51 AM
#31571   Nice purchase at .0006, keep it going. Jamins 02/10/21 10:23:00 AM
#31570   Who's dumping so much. Okay make the Jamins 02/10/21 10:20:12 AM
#31569   Crazy. We need news and stop sign removed!! FEED THE WEED 02/10/21 04:39:35 AM
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