Eline Entertainment Group Inc (EEGI)

[goldpenny7]

EEGI latest DEC 16 Financial is out.
http://www.otcmarkets.com/stock/EEGI/profile

Direct DEC 2016 Financial Report link is here:
http://www.otcmarkets.com/ajax/showFinancialReportById.pdf?id=165902

GOOD THING in this latest financial filing is where EEGI writes:
In December 2016 the company prepared to sign a letter of intent to merge with an established company that supplies lighting structures and equipment to the medical and recreational Cannabis industries. Seeking a business with substantial revenues history and stability in an exciting industry Eline expects to close such deal and begin moving forward in early 2017. An entirely new management team is to be brought in before the transaction closes.

BUT remember 'they prepared to sign a letter of intent to merge'. Meaning they haven't yet signed. That's how I read it. Here it is mid February. So maybe that's some good news to wait on.