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Elite Group Inc. (ELTZ)

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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 


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.



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

Kim Whiteside

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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Today : Thursday 22 March 2018

ELTZ SEC Suspension for severely

delinquent Financials:




Admin. Proceeding:


Current Price
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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
#30056  Sticky Note ELTZ attorney is reaching out now to address Winters 01/10/20 09:53:26 AM
#31361   Hmm, a few more buys today,hope something is COUNTRY600 11/19/20 11:12:58 AM
#31359   He is the CEO of OZSC now and Magnum7419 11/18/20 12:16:59 AM
#31358   yeah.. we need a update...lol Pistha 11/17/20 09:42:54 PM
#31357   Hey Winters!!! AC7880 11/17/20 04:11:18 PM
#31356   Per OTC Markets, share structure updated as of Star2417 11/16/20 05:55:10 PM
#31355   Oregon. Thanks for the offer though. AC7880 11/15/20 09:11:56 PM
#31354   Dont be in a rush IMHO it appears Magnum7419 11/15/20 07:36:21 PM
#31353   Just hanging out to dump 5 million shares AC7880 11/15/20 05:18:10 PM
#31352   Welcome back !! Magnum7419 11/15/20 04:35:48 PM
#31351   Any real world news backed up with links? AC7880 11/14/20 11:11:52 PM
#31350   Volume gone again. AC7880 11/14/20 11:11:11 PM
#31349  Restored You can buy mine for .0001 per share. AC7880 11/14/20 11:10:22 PM
#31348   $eltz $.01 with news Taurus69 11/14/20 09:52:36 PM
#31347   I have 5 million shares for sale .0001, AC7880 11/10/20 01:37:59 PM
#31346   Let me know your sell order quantity.. I Pistha 11/10/20 12:50:55 PM
#31345   Thanks Mikey501! Appreciate the feedback, thinking I'm Ringer210 11/10/20 12:50:13 PM
#31344   You can sell right now. Just need another MIKEY501 11/10/20 12:48:30 PM
#31343   Honestly I have no idea, I heard its Ringer210 11/10/20 12:46:21 PM
#31342   Then do you need to wait until it Pistha 11/10/20 12:44:18 PM
#31341   Etrade sent out an email that they were Ringer210 11/10/20 12:34:06 PM
#31340   You're correct...wait and see BlazingStocks 11/10/20 10:54:05 AM
#31339   Well someone is loading for something coming up. MIKEY501 11/10/20 10:45:59 AM
#31338   122M Yesterday and less than 5M today...weird BlazingStocks 11/10/20 10:45:29 AM
#31337   Won’t sell on E*TRADE it seems. All splendorajoe 11/10/20 09:39:12 AM
#31336   Holy volume batman! HANK27 11/09/20 06:35:31 PM
#31335   Bad to assume that... Better to see confirmation. Hopefully BlazingStocks 11/09/20 06:14:48 PM
#31334   What’s going on? Tons of volume. I assume The_Truth_NL 11/09/20 04:15:59 PM
#31333   122.6M... BlazingStocks 11/09/20 04:00:43 PM
#31331   total volume will be 130 mil today .. Pistha 11/09/20 03:47:12 PM
#31330   121M served... Power Hour has arrived, how many more!? BlazingStocks 11/09/20 03:06:55 PM
#31329   My pleasure BlazingStocks 11/09/20 02:04:33 PM
#31328   I’m curious about that. I like lottery tickers Blackthirteen 11/09/20 02:03:18 PM
#31327   Thanks. Appreciate it. WalkInClouds 11/09/20 01:50:00 PM
#31326   118m and counting... BlazingStocks 11/09/20 01:20:33 PM
#31325   It's on the Grey Market... No BID or BlazingStocks 11/09/20 01:19:53 PM
#31324   Wants me to pay trip 9 for shares. WalkInClouds 11/09/20 01:11:01 PM
#31323   113mil volume. Pistha 11/09/20 12:51:48 PM
#31322   Well there is alot of buying happening today MIKEY501 11/09/20 12:41:19 PM
#31321   It has 30M+ in September then nothing until BlazingStocks 11/09/20 12:41:10 PM
#31320   Yep, sure looks like something is brewing, this HUNGRY JOE 11/09/20 12:38:30 PM
#31319   Somethings up alright. Still here. Let’s GO! WalkInClouds 11/09/20 12:35:08 PM
#31318   Would be awesome to see this Pink Current again! BlazingStocks 11/09/20 12:33:57 PM
#31317   Lots of volume coming in very interesting. MIKEY501 11/09/20 12:31:52 PM
#31316   109M... interesting BlazingStocks 11/09/20 12:28:35 PM
#31315   95 mil .. volume .. it is huge .. Pistha 11/09/20 11:50:50 AM
#31314   $eltz $.01 with news Taurus69 11/06/20 11:19:45 PM
#31313   2m volume today .. :) Pistha 11/06/20 04:38:15 PM
#31312   he replied to me on 09/20.. Pistha 11/02/20 10:19:09 AM
#31311   When did he say that? Izzy408 11/01/20 09:48:11 PM
#31310   I agree. Looks like Tecco Confirmed that he Pistha 11/01/20 07:51:32 PM
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