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rhm118

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rhm118

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Thursday, 03/18/2010 6:31:09 PM

Thursday, March 18, 2010 6:31:09 PM

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rhm118 · 2010-03-18T22:31:09.3030000Z

EEGI Mina Mar website news...Revenues 2.66 Million: EEGI - News - March 18, 2010 Eline Entertainment (EEGI) $ 2 Million Profit In '09 Financials Eline Entertainment (EEGI) $ 2 Million Profit In '09 Financials HARBIN, China, March 18, 2010 -- Eline Entertainment Group Inc. (EEGI, http://elineentertainment.com/) and its China based subsidiary Innovation Investment Group (Inn Group; http://www.ydwtz.com/eng/) announce the preliminary financial results for 2009. With the fiscal year ending on December 31, Eline Entertainment Group Inc. announces that the company yielded revenues of $2.66 million USD, showing pre-tax profits of just under $2 million USD. Ms. Wei Hong, the Director and CEO of Innovation Investment Group, said, "These preliminary results must please our investors and the public. As we often publicly mentioned, the Educational Industry in China grows at a breakneck pace along with the economy, and as more people earn more, they can afford the best education for their children. Also, as public can see, the strength of the Educational Industry is in its profit margins. We plan to continue our growth and yield more positive results, and with many new Centers opening in 2010, we don't expect to fall behind on these strong numbers in 2010 or further." The financial statements will be posted on Pink Sheets shortly. The company reminds its shareholders and followers to monitor PinkSheets.com Filing section and also our IR company web site section "PRESS RELEASES AND FILINGS" TAB http://www.minamargroup.net/ for non newsworthy corporate updates. For any matters relating to retail investor queries or to send the company or its IR a message please click on the "INVESTOR SUPPORT" TAB, or the direct link http://www.minamargroup.net/helpdesk. Filings for this event are currently being reviewed and will be filed with Pink Sheets and Client Support section in due course. To be included in company's email database for press releases, industry updates, and non-weekly activity in the company that may or may not be news released, please subscribe or opt in mailer at http://www.minamargroup.com/updates. 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. CONTACT: For any investor relations matters, please contact www.minamargroup.net/helpdesk; Investor Relations Department Inquiry,www.minamargroup.net (IR); For (M&A) and Corporate Matters, www.minamargroup.com SOURCE Eline Entertainment Group Inc.

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