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Monday, March 26, 2018 8:17:57 AM
Eline Entertainment Group, Inc. (EEGI) ---- OTC MARKETS FILING--- Supplemental Information --- Restatement of Financials ---
March 10, 2018 -- Eline Entertainment Group, Inc. (EEGI) is utilizing the OTC Markets to advise its followers and shareholders of certain upcoming filings March 12 2018 to March 30 2018, including the logic behind these filings.
From EEGI inception in 2000 until 2009 EEGI was an SEC reporting issuer. In 2009 EEGI deregistered and resumed operations as a non-reporting company with OTC Markets. The Company has over the last few months under the new management reconstructed and will restate its entire operating history.
The company will start with restating all financials and all corporate actions starting from the year 2000 until 2009 and from 2017 till current Q1 2018.
All of these filings and other actions such as legal opinion and updated adequate disclosure and other filings the management will conduct in March 2018 should by all accounts bring EEGI back to a current rank status with OTC Markets.
The next logical step is returning to being an SEC reporting company. Approved by the board and control block preferred shareholder. More filings updates and news will be released in a timely manner. Safe Harbor Statement:
Information in this news release may contain statements about future expectations, plans, prospects or performance of Eline Entertainment Group, Inc. that constitute forward-looking statements for purposes of the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be," "expects," "may affect," "believed," "estimate," "project," and similar words and phrases are intended to identify such forward-looking statements. Eline Entertainment Group, Inc. cautions you that any forward-looking information provided by or on behalf of Eline Entertainment Group, Inc. is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. Eline Entertainment Group, Inc.'s actual results may differ materially from those anticipated in such forward- looking statements as a result of various important factors, some of which are beyond Eline Entertainment Group, Inc.'s control. In addition to those discussed in Eline Entertainment Group, Inc.'s press releases, public filings, and statements by Eline Entertainment Group, Inc.'s management, including, but not limited to, Eline Entertainment Group, Inc.'s estimate of the sufficiency of its existing capital resources, Eline Entertainment Group, Inc.'s ability to raise additional capital to fund future operations, Eline Entertainment Group, Inc.'s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities and, in identifying contracts which match Eline Entertainment Group, Inc.'s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. Eline Entertainment Group, Inc. does not undertake any obligation to publicly update any forward-looking statement to reflect events or
circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.
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