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no more than 1 for 10 R/S and .63 value
R/S and more shares, wow
because 10 mil yesterday has nothing to do with price action of 3 mil today
Dead Cat Bounce
gap open tomorrow
0.01 by Friday if we close over 0.0015 today
E-line Entertainment Group Inc.
02/08/2016
Dear Shareholders;
I have received a lot of emails recently about stock being sold in the open market. I wanted to take
this time to address this issue with everyone so you all understand what is happening. The fact is that this
selling and recent price fluctuation is really the result of a much larger plan that everyone will be very very
happy about. Rather than being an indication of something bad on the horizon, this is actually a hint at a
tremendous turn around in structure and hopefully price that is right around the corner.
The first concern I would like to quell is whether or not the recent selling through Market Makers
VNDM and VFIN is an indication of dilution. It is absolutely not. It’s the opposite actually. As you know
EEGI has a float that is only about 1/3 of its outstanding shares. This means there are a lot of shares that
are restricted, and since EEGI has not done many issuances in the past few years, most of them are over 12
months in age. This means the holders are within their rights to free up the shares and sell them. Newly
freed up shares of a non-reporting sub-penny stock are usually routed through VNDM or VFIN because
these two Market Makers accept shares deposited in certificate form without a huge expense. In recent
years VNDM and VFIN have expanded their businesses and no longer only focus on certificate shares, but
that stigma has stuck with them. In any case, selling through these market makers can be from one or many
shareholders and there is no way to know who they are, and I have no control over what they do. It is
important to remember that these shares are already in the outstanding so it is not dilution, only selling
pressure. To be successful in the pink sheets as an investor or trader, its important to understand the
difference and not jump to the conclusion that sales through VNDM and VFIN are automatically negative
just because that is what we have been told. The game has changed and so has that.
Now, If I were reading this document, up until this point I would be thinking that I should expect
2/3 of the outstanding to be freed up and sold, which would make me a bit nervous. However, this is not
the case. A deal has been struck which will be announced shortly that will chop the outstanding almost in
half! This deal and its details will be announced shortly, but whatever selling is taking place now, or will
take place as a result of old restricted shares being freed up, is just no match for a drop in outstanding like
the one that is being prepared. In fact, to counteract the positive effects of that kind of drop, the entire float
would have to change hands twice. We all know that cannot, and will not happen, so by all accounts the
recent selling and any resulting drop in price is really inconsequential in determining where the stock price
will land after our upcoming events.
The second factor in all of this is the reverse merge previously hinted at. Yes, we have lined up an
acquisition that we are sure will excite everyone. So, why not announce it now? Well, although I cannot
disclose certain things just yet, let me put it to you like this. If the CEO of a Pink Sheet company lined up a
deal to be acquired by a great company that he (or she) was sure would send the company value
skyrocketing. Wouldn’t he (or she) want there to be little or no selling pressure on the stock after the
announcement was made? If there was a deal to retire a half billion shares, wouldn’t he (or she) want that
to happen before the announcement of a RM in order to maximize the positive reaction? Lets also theorize
that if the deal was, that the shareholder was agreeing to retire a half million shares and in exchange only
wanted a small amount freed up, then wouldn’t the CEO want as many of those freed up shares to be sold
before the big announcement? I would think so, right?
So since I cannot disclose certain facts yet, lets think about a theoretical situation where a RM was
about to take place, and the CEO had a deal in place to chop the OS in half (which by itself would be
tremendous) and as part of that, some shares would be freed up and sold into the market (shares the
original investor paid for and waited years to rightfully sell). This is by no control of the CEO, and the CEO
would actually not be allowed to dissuade the person based on events that are planned, because if he (or
she) did, they would be giving a shareholder inside information. In fact, I have been asked if I could just tell
the shareholder(s) to sell it and be done. I cannot coordinate like that with a shareholder by law, so the
answer is no. Now, if I were CEO in the above described situation I would surely wait until I thought as
many of the shares were sold as possible, and the drop in OS could be executed, and then announce the RM
in that order. If I were a shareholder in this situation I would probably realize that any sales now are sales
that will not hinder the stock on its way up, so better to let them get out of the way, and I would likely just
be patient and wait for the event to take place, or I might even buy more! Again, I recommend nothing
where EEGI is concerned, but I am simply stating how I would look at it in a similar situation.
I know it is easy to get impatient. I know it is disconcerting to see your balance drop in your
brokerage account. I know it is unnerving to see MM’s on the box that everyone says is bad for the stock. I
know it’s easier to want it to happen right now. I understand it 100%. However, I must ask for your
patience in the matter, and I must tell you that there is a very intricate plan in place, and it is being
executed very carefully. My plan is to cut the OS way down, eliminate future sellers as much as possible,
and execute an unbelievably profitable RM that will set us all up for a very bright future. That’s my goal. I
want to thank those of you who have been patient as we move forward. There are no guarantees in the Pink
Sheets but I am working very hard, and I will continue to work to make this happen, and to make it my
biggest deal ever.
Thank you,
Emmanuel Gyamfi
Interim Chief Executive Officer
Eline Entertainment Group, Inc.
someone was desperate to get their $300 out of EEGI, pathetic!!
let them sell 0.001, so they can chase .0025 EOD.
This dump looks like they want to Reverse split (1:1000)
bottom soon, soon after 1:1000 reverse split.
nothing has changed with the share structure, but a lot has changed with the company. I'll say it again. IT'S NON EXISTENT, A PONZI SCHEME PERPETRATED BY RUSSIAN MAFIA.
Comrade, your money is our money, but our money is not your money. lol
air is moving, not CVRG. lol
next news, company is pleased to announce additional gold mine site secured on the south pole. Our team has determined that there is huge deposit of gold just under the ice cap. We need to purchase 10,000 hair dryers to melt 3 miles of ice to get to gold deposits. Therefore, we will reverse split 1:1000 CVRG stock and authorize news shares. Please be patient with us, we will make this work if shareholders cooperate. We also may have another buyout offer of 0.08 per share after 1:1000 r/s. That is slightly below conversion price but it may happen for all that waited for the buyout. lol
down 30% tomorrow
you can still buy it at 14, put your bid for a million. Let see what happens.
there is whole group of Russians drinking vodka and laughing that some dumb
A*** bought into Siberian Gold scam. If we can sell them Siberian gold mines, what else can we sell them?
Perhaps they will buy some Siberian snowballs during this winter. lol
someone is refreshing size at 19. They are stuffing buying turkeys for thanksgiving. lol
take your profits people, up 30%
12 TICKS to 0
if you wait another 13 ticks, you will get it really cheap.
are you trigger shy? it's only $1400 for a million
buy it already
no time to waste, you should own at least 10 million shares of this.
ready, go get all you can.
we have one volunteer to by 0.0014. Any other takers?
ok, sold to the guy in silver shirt. Go get it.
triple 0 only 3 ticks away. Rusted bicycle parked in Siberia is not pedaling any gold nuggets and no luck finding pirates gold either. lol
Russian scam at its finest. Perhaps one of you bag holders should invest some time and book a trip to Siberia to investigate their gold mines.
let's close this at 0.004 today.
oh yeah, they are changing sintekgold.com website to marijuanawithgoldennugget.com. lol
what happened to sintekgold.com website?
EEGI 0.006 soon, time to buy some
where are the cheer leading buyers?
someone was suppose to gobble up millions of shares today. what happened?
no taste for millions of CVRG stock at these levels?
next news, due to frozen Siberian ground and our personal expenses out of control, board
has authorized 1:1000 reverse split. We understand that it will negatively
affect ones portfolio but we want to assure all of our shareholders that we will do best to help you pay us more money in the future. The future of CVRG is bright. All gold fields are full of gold nuggets. All we need to do is to extract them from the ground and payday will be enormous. The only issue is that we need more resources (your money) to keep our operations
afloat. Therefore, we urge all shareholders to double down after reverse split. After reverse split we will authorize more shares so everyone can buy them at inflated prices. We appreciate your understanding and cheers to all for believing in our cookies making and gold digging abilities.
Our board is also positively considering growing Marijuana is Siberia and other sites that we have secured. Between gold nuggets and Cannabis, it will be an epic payday (for us via your stock purchases). lol
ALL turkeys gobble up the offer!
STORY OF CVRG
news! http://finance.yahoo.com/news/graystone-education-announces-addition-highly-180000751.html
Graystone Education announces the addition of highly respected industry expert Dr. Timothy Brooker, who has accumulated the equivalent of 50 years of higher education administration and teaching experience
SCOTTSDALE, Ariz., Sept. 25, 2014 /PRNewswire/ -- Eline Entertainment Group, Inc. (EEGI) today announced that its recently acquired, wholly owned subsidiary, Graystone Education, Inc.'s first addition to the board of directors will be Dr. Timothy Brooker, a 50 year veteran of higher education. The addition of Dr. Brooker is just the first in a series of very high-level educators and administrators that will be joining the project shortly. The company's goal is to recruit top tier personnel in graduate and postgraduate education, creating a board of directors with knowledge and experience second to none.
Company CEO, Dr. Lori Layne explained, "We are thrilled to have a person of such caliber joining our team." She went on to explain, "Aside from our unique approach and business model, and a few rare and valuable acquisition opportunities, our true competitive edge lies with the people who are part of this project. We already have several top quality board members lined up with decades of experience in many aspects of our business, and we will continue to build that team as we move forward. When respected experts from all over the world agree to be part of a project, you just know it has something unlike anything anyone has ever seen before."
Dr. Brooker not only brings an accumulation of fifty years of full time higher education experience, but his accomplishments and educational credentials are far too lengthy to list in this release. Among them he has overseen countless programs showing tremendous growth, helped to raise millions of dollars for universities in the past, and he also chaired an audit of the Arkansas higher education system under Governors Guy Tucker and Mike Huckabee. Working as a columnist for a multi-state newspaper publisher, a talk show host on a syndicated radio show, in addition to his clinical experience as a licensed Counselor and Certified behavioral Therapist, leaves little doubt he is to be considered an expert in his fields. Dr. Brooker's educational accomplishments are equally impressive. Awarded his Bachelors Degree by John Brown University in Arkansas, he also holds Doctoral degrees from the University of Arkansas in Higher Education Administration and Counselor Education, as well as Masters degrees in Diplomacy, International Commerce, and Public Policy from the University of Kentucky, Patterson School of Diplomacy, and UK's Martin School respectively just to name a few.
There is no doubt that behind every successful company there is the people that make it happen. The Company has an extremely impressive line up of individuals who will be announced over the course of the next 30 to 60 days. These individuals are the absolute top tier in their fields, and the company aims to use this incredible competitive advantage to create a revolution and spark an evolution in the way higher education is implemented on a global scale.
About Eline Entertainment Group, Inc.
Eline Entertainment Group, Inc. operates its wholly owned subsidiary; Graystone Education, Inc. Graystone provides a variety of education services including consulting and operations. The business model includes: significant intellectual property; campus based and online venues; accredited-based programs; competitive high-quality programs; and a student goal-achievement focus. For more information contact elineentertainmentgroup@yahoo.com.
DISCLAIMER
This Press Release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The Company has tried, whenever possible, to identify these forward-looking statements using words such as "anticipates," "believes," "estimates," "expects," "plans," "intends," "potential" and similar expressions. These statements reflect the Company's current beliefs and are based upon information currently available to it. Accordingly, such forward-looking statements involve known and unknown risks, uncertainties and other factors which could cause the Company's actual results, performance or achievements to differ materially from those expressed in or implied by such statements. The Company undertakes no obligation to update or advise in the event of any change, addition or alteration to the information catered in this Press Release including such forward-looking statements.
Armored truck is backing up with big money. Unfortunately, they are dropping off $10 in singles, at CVRG stop.
huge $102 (60k shares)support at 0.0017. Cheerleaders put together 60k bid support and advertise it as huge bid support. If someone chews through the enormous support, it will drop like hot potato. 0.0001 is coming.
what dope is selling this at these levels?
it's going much higher. Penny Land!
here we go 0.004 eod