Eline Entertainment Group Inc (EEGI)

[stockinvestor01]

This is awesome news!

Company is in restructuring mode
All past management has been removed.
New interim turn around management appointed
New interim management in talks with several merger candidates
Re-domiciling to Wyoming well under way
Awaiting EDGAR Key to file 8K ( next 7 -10 days)
In talks with several majority block holders for share lock up to significantly reduce the float
So far 800 million common shares in lock down mode
In addition an additional 600 million common shares in discussion for a lock down / dribble out arrangement
Consolidation created at least 2 stakeholders with greater than 5% holdings but less than 10%. Schedule 13g is in the works by these stakeholders
No toxic financing what so ever currently under way nor is any planned by current turn around management
Current merger candidates include a marijuana cultivating company, a virtual reality company, a medical supplement company and a on line discount travel firm.