Eline Entertainment Group Inc (EEGI)

[ChuckBits]

Can anyone explain the "STOCK SPLIT" filed with Nevada S.O.S. on 7/21/2016?

Copy/paste below:


Entity Actions for "ELINE ENTERTAINMENT GROUP, INC."

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1 - 34 of 34 actions
Actions\Amendments
Action Type: Stock Split
Document Number: 20160323281-88 # of Pages: 1
File Date: 07/21/2016 Effective Date:
Previous Stock Value: Par Value Shares: 1
888
000
000 Value: $ 0.001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 1
888
000.00 New Stock Value: Par Value Shares: 10
000
000
000 Value: $ 0.001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 10
000