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EEGI News Out...PM .021 x .0235

Eline Entertainment (EEGI) CEO Interviewed by Kinsley Street Investors
Date : 03/22/2010 @ 7:15AM
Source : PR Newswire
Stock : ELINE ENTERTAINMENT (OTC) (EEGI)
Quote : 0.021 0.0 (0.00%) @ 8:30AM


Eline Entertainment (EEGI) CEO Interviewed by Kinsley Street Investors

PR Newswire

HARBIN, China, March 22

HARBIN, China, March 22 /PRNewswire-FirstCall/ - Eline Entertainment Group Inc. (EEGI, http://elineentertainment.com/) and its China based subsidiary Innovation Investment Group (Inn Group; http://www.ydwtz.com/eng/) today announced that the company's CEO Ms. Wei Hong was recently interviewed by Kinsley Street Investors (KSI). KSI focuses on research, discovery, evaluation and incubation of unique and undervalued publicly traded micro-cap companies that offer significant growth potential.

In the interview with the Kinsley Street Investors Ms. Wei Hong stated that since 2003, the company has been continuously accomplishing all set goals and fulfilling all plans. She also stated that the company plans to increase the 2010 revenues to $5.8 million USD, with total profits of $4.2 million.

This increase (in the light of the company's financial statements from March 18, 2010) would represent more than 100% increase compared to 2009.

To read the full interview visit http://www.kinsleystreet.com/elineentgroup.aspx

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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.