Replies to post #13748 on Elite Group Inc. (fka ELTZ)

[lovethatgreen]

Lmao
.

Thanks for the heads up on the discussion board .

Jsh

[awm15]

RisingMT,

I'm inclined to believe any " pps raising news" will come at the end of October in correlation with the maturity date of the next note. jmo
I'm guessing about 2 1/2 weeks away. Again, pure speculation on my part

From financials

On October 28, 2016, the Company entered into a $68,743 convertible note payable with Mammoth Corporation. The note payable is a balance of $62,493 of principal and accrued interest assigned from the April 29, 2016 LG Capital Funding, LLC note payable and includes $6,250 of original issuance discount. The note is due one year upon issuance October 28, 2017 and no further interest shall accrue as long as the note is not in default. Default rate is 18% per annum