Eline Entertainment Group Inc (EEGI)

[Patient shareholder]

The information in the disclosure stated $2,664,530 is shareholder equity which is calculated as follows.

Hope this helps with the question. I am no accountant but it appears that it is not a direct relation to share structure.

The shareholders Equity can be calculated with the help of the following formulas:

Shareholders Equity = Total Assets – Total Liabilities

OR

Shareholders Equity = Share Capital + Retained Earnings – Treasury Shares

https://www.readyratios.com/reference/accounting/shareholders_equity.html