Eline Entertainment Group Inc (EEGI)

[Audit]

Just so you are aware, $EEGI management misspoke and meant to say "getting access to OTCIQ within 30 days", not "going current within 30 days". See my second paragraph from the bottom here. It is unfair to blame shareholders for making estimates on dates based on what management originally had said. It is also inaccurate to call these individuals promoters when they were relying on information provided by $EEGI's management when you now know that management later had to revise and clarify what they said subsequently to these predictions.

To your point of the deadline, around the middle of this month is when most brokers have decided that you will no longer be able to purchase any symbol with Caveat Emptor status or ones with a stop sign. Although you may already know what I am telling you, I'd like to take a moment to explain for those that may not know that are reading this. If $EEGI does not become current by the date which your brokerage will no longer permit buying of stop sign tickers, $EEGI will be liquidation-only, meaning you can sell your position, but not open any new positions or add to your current position. However, because brokers are banning the purchase of tickers with a stop sign like $EEGI, you will have a difficult time selling your position if that's what you decide to do after the date when brokers implement their rules around the middle of this month. This is because the only buyers that will be permitted to purchase will be "qualified experts" including broker-dealers, institutions and accredited investors. Retail investors will not be allowed to buy, which means there will be far less activity in these symbols. Qualified Experts will never touch these securities as they are considered incredibly risky and toxic. Therefore your order to sell after the middle of the month deadline may never be executed and you may be left holding shares that will have essentially become worthless.

Technically $EEGI has until the deadline set by the SEC which is September 28, 2021 to become current or they will be moved onto the Expert Market. The risk shareholders have to make a decision on, is whether or not they want to hold during that period of what I am calling purgatory -- that is, the time between the date that your broker says you can no longer buy and the date which the SEC has set. Your last chance to safely exit without risk is by the date that your broker has set. If you choose to hold beyond the date that your broker has set, you are making the bet that $EEGI will become current between that date and September 28, 2021, before it gets moved to the Expert Market.