EEGI Studium Online in China
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EEGI expandiert in China mit neu gebauten Schulungszentren und Personaleinstellungen, hohes Wachstum!
Press Release Source: Eline Entertainment Group Inc. On Tuesday March 9, 2010, 4:01 pm EST
HARBIN, China, March 9 /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/) announce, that the company's educational approach and business model reaps success across China.
The company's Training Centers are gaining more and more interest from the high-end or upper middle class communities, where the company focuses its market promotion. The relentless interest of the public in the company's educational concept forced the EEGI to expand its capacities in several centers.
The number of students in Hai Yi Training Center grew from the initial 300 to more than 1000 today, as the company expects this number to grow.
The company's South China Life Training Center in Dongguan City nears completion. The company began the center's market promotion, and signed co-operation agreements with a number of educational institutions. The new South China Life Training Center will be eventually able to accommodate 3,000 young children, the largest training institution of Innovation Investment group today.
In the light of this tremendous success, the company will broaden its curriculum from the current 8 subjects to 20 by the end of 2010. China's private education industry is a growing one. http://www.168report.com/Report/report0051.html The industry demands low investments while showing exceptional profit margins. Seeing the company's success on the educational market, many people, even some of the parents, want to cooperate and invest in Innovation Investment Group's projects.
In Summary: In 2008, 14.8271 million children were enrolled in kindergartens in China, up 3.4% yr-on-yr. By age, the children who accept early childhood education are mainly aged at 3 to 5, accounting for 57% of children enrolled in kindergartens; the number of over 5-year-old children accounts for 35%; and the number of under 3-year-old children takes 8%
The company reminds our shareholders and followers to monitor PinkSheets.com Filing Section and also our IR company web site section "NEWS AND FILINGS" TAB Non-newsworthy events are not press released however posted on these two separate support sites to keep our followers advised of day-to-day events. For any matters relating to retail investor queries or to send the company directly a message please click on the "INVESTOR SUPPORT" TAB or this direct link www.minamargroup.net/helpdesk.
Don't be a victim. The company is mindful that short sellers, the company competitors and stock bashers stalk small cap Pink Sheets listed companies with hidden agendas, where amongst other things they continuously spread false rumors, dark propaganda and innuendos in order to manipulate the trading patterns and thwart company plans for their own "quick profits" and self serving needs. The company and its supporters are monitoring these activities and those are promptly being reported on the www.stockbasher.com/ website. Visit http://www.stockbasher.com/ and find out what criminal and civil actions the US authorities and others are taking against these individuals.
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 at the company that may or may not be news released, please subscribe or opt in mailer at 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, http://www.minamargroup.net/ (IR); For (M&A) and Corporate Matters, http://www.minamargroup.com/
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einzureichen. Zudem erlöschen die Pflichten der Gesellschaft unter
den Proxy Rules und anderen SEC-Vorschriften 90 Tage nach der
Einreichung.Nach der Eingabe bei der SEC werden die Aktien der Gesellschaft
nicht mehr länger über das OTC Bulletin Board ("OTCBB") handelbar
sein; die Aktien sind aber auf so genannten Pink Sheets gelistet
(www.pinksheets.com).
In answering this item, provide the exact title and class of each class of outstanding securities. In
addition, please provide the CUSIP and trading symbol.
Issuer’s Equity Securities
As of September 30, 2008
Common Stock
888,000,000 Common Shares authorized, par value $0.001 per share
788,000,000 Common Shares issued and outstanding
Trading symbol: EEGI
Preferred stock, $.001 par value
5,000,000 shares authorized
250,000 Shares Series A Convertible Preferred Issued and outstanding 250 shares
200,000 Series B Convertible Preferred Stock 0 shares outstanding
The Company's authorized capital consists of 888,000,000 shares of common stock, par value
$0.001 per share, and 5,000,000 shares of Preferred Stock authorized, par value $0.001 per share.
6
The preferred stock is issuable in such series and with such designations, rights and preferences
as the Company's Board of Directors may determine from time to time. In fiscal 2002 the
Company designated 200,000 shares of its blank check preferred stock as Series B Convertible
Preferred Stock. In March 2005, the Company designated 250,000 shares of its blank check
preferred stock as Series A Convertible Preferred Stock. The designations, rights and preferences
of the Series B and Series A Convertible Preferred Stock provide that the stated value of the shares
is equal to par value, in the case of a liquidation or winding up of the Company, the holders of shares of
Series B Convertible Preferred Stock are entitled to a liquidation preference of $0.01 per share, the shares
are not redeemable by the Company without the consent of a majority of the holders, the shares are
convertible into shares of the Company's common stock at the Company's sole option based upon a
conversion ratio to be determined by the Company and the holder(s) at the time of conversion, * the
shares vote together with the holders of the common stock on all matters submitted to a vote of the
Company's shareholders, which each share of Series B Preferred Stock being entitled to 150 votes, and so
long as the shares are outstanding the Company cannot take certain actions without the prior consent of
the holders of the Series B Convertible Preferred Stock.
HARBIN, China, March 15 /PRNewswire-FirstCall/ - Eline Entertainment Group Inc. (EEGI, http://elineentertainment.com/) and its China based subsidiary Innovation Investment Group's (Inn Group; http://www.ydwtz.com/eng/) CEO forecasts a significant revenue increase for 2010.
Ms. Wei Hong, the Director and CEO of Innovation Investment Group, said, "Since its funding in 1999, the Inn Group completed all plans on schedule, and we don't expect 2010 to be any different. We have achieved our plan of opening 30 Centers by 2009. Our total company revenues in 2009 reached approximately $2.5 million USD, with profits over $1.5 million USD.
We expect the company to follow all the trends mentioned in the past press releases, namely the improvement in investment/revenues ratio and profits increase. We will follow our expansion plan for 2010, as the company expects total revenues to reach $5.8 million USD, with total profits of $4.2 million.
We are also looking into new opportunities in the children education and development. Currently we explore the possibility and routes to develop children's eating habits and dining manners. The idea is to launch Children's restaurant Chain Store, but this idea is still on the drawing board, with no deadlines attached to it just yet.
We also want to inform the shareholders about the EEGI shares owned by the Inn Group, as the company received a number of inquiries about this issue. Innovation Investment Group holds a majority position the company's current shares outstanding and plans to hold onto these shares as they represent a definite asset for Inn.
More updates will follow shortly.
Our plans have been well structured since the company's launch, and we achieved our goals each year according to our plans. We plan to continue to fulfill all expectations and we look forward to work and increase the shareholder value in 2010."
The company reminds our 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/. Non-newsworthy events are not press released however posted on these two separate support sites to keep our followers advised of day-to-day events. For any matters relating to retail investor queries or to send us the company directly a message please click on the "INVESTOR SUPPORT" TAB or this direct link http://www.minamargroup.net/helpdesk.
Don't be a victim. Report a stock basher. The company is mindful that short sellers, the company competitors and stock bashers stalk small cap Pink Sheets listed companies with hidden agendas. Visit http://www.stockbasher.com/ and find out what criminal and civil actions the US authorities are taking against web sites like investorshub.com and other posters, and other media that provide safe refuge to these individuals and the remedies available to you as an individual investor.
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 at 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, http://www.minamargroup.net/ (IR); For (M&A) and Corporate Matters, http://www.minamargroup.com/
Buzz up! 0 Print..Press Release Source: Eline Entertainment Group Inc. On Friday March 19, 2010, 7:30 am EDT
HARBIN, China, March 19 /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/) 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 the 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.
Don't be a victim. Report a stock basher. The company is mindful that short sellers, the company competitors and stock bashers stalk small cap Pink Sheets listed companies with hidden agendas. Visit http://www.stockbasher.com/ and find out what criminal and civil actions the US authorities are taking against web sites like investorshub.com and other posters, and the remedies available to you as an individual investor.
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, http://www.minamargroup.net/ (IR); For (M&A) and Corporate Matters, http://www.minamargroup.com/
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
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.
Don't be a victim. Report a stock basher. The company is mindful that short sellers, the company competitors and stock bashers stalk small cap Pink Sheets listed companies with hidden agendas. Visit http://www.stockbasher.com/ and find out what criminal and civil actions the US authorities are taking against web sites like investorshub.com and other posters, and the remedies available to you as an individual investor.
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, http://www.minamargroup.net/ (IR); For (M&A) and Corporate Matters, http://www.minamargroup.com/
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koreanischen MMORPG (Massively Multiplayer Online Role-Playing Game), die 3000 Onlinespiler hat und ein monatliches passives Einkommen von fast 300.000 RMB (ca. 10.000 US-Dollar).
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Eline Entertainment Group, Inc. lassen Tochtergesellschaft ein neues Logo veröffentlicht um ihr Markenimage zu verbessern.LTGTR, Bad Boy, und "Midnight Express" sind unter dem Dach von LTGTR integriert. Das Unternehmen ist in dem Prozess der Änderung der Firmen-verwaltung und Einreichungen. LTGTR starteten sofort mit dem Upgrade der Firmen Webseiten, Fahrzeugen und Verkaufsbetrieben.
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Singapur Erzieherinnen, ob sie neu oder erfahren sind sollen in chinesischen Städten ein besseres Verständnis der Bildungs-Lücken und den Bedarf in Westchina durch eine Mission nach Xi'an, Chongqing und Chengdu lösen. "Jedes Kind ist einzigartig und verdient den Zugriff auf die beste Bildung zu bauen beide Fähigkeiten und Charakter.", sagte Tan Soon Kim.
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CLEARWATER, FLORIDA, Jan 4, 2011 (Marketwire via COMTEX) -- Eline Entertainment Group, Inc. (PINK SHEETS:EEGI) (http://elineentertainment.com/), and its subsidiary Let The Good Times Roll, Inc. announce a joint venture with fellow EEGI subsidiary, Vu365.
Let The Good Times Roll, Inc. ("LTGTR") (http://www.goodtimespartybus.com) is a luxury transportation company with its base of operations in Florida. LTGTR has for the last 14 years focused mainly on the luxury party bus industry, but has recently expanded its corporate business model to include regularly scheduled routes for college "Safety Shuttle" bus routes. These shuttles provide "of-age" students with transportation to and from colleges and universities, delivering them safely to their destinations while alleviating the troubles of driving themselves. LTGTR plans to quickly expand these Safety Shuttles into major US college towns.
Vu365 (http://www.vu365.com) is a popular China-based video game designing company. Founded in 2005, the company designs online and casual video games including strategic web games, cyber games and 3D large scale competitive games and has several products in development. The company has been looking to expand into the US market for some time, and cooperation with LTGTR offers the opportunity to reach the lucrative college market. The initial terms of the agreement state that Vu365 will pay LTGTR 10% of the monthly revenue from users signed on through ISPs in promoted regions. LTGTR's shuttles will be detailed with graphics promoting a Vu365 online game, and will run ads for the games in their buses and on the LTGTR website.
Mr. Sheng Chen, CEO of Eline Entertainment: "We are working diligently to bring synergy to Eline with Vu365 and LTGTR. This a way for us to help LTGTR expedite its college shuttle program while introducing Vu365 to the United States market. The web and casual gaming industry is one of the fastest growing leisure market sectors worldwide and we plan to fast track our games while utilizing all the moving pieces of EEGI."
According to PwC's Playing to win: The outlook for the global casino and online gaming market to 2014 (http://www.prnewswire.com/news-releases/...ng-to-pwc-111438779.html), total U.S. gaming revenues will increase to $68.3 billion in 2014 from $57.2 billion in 2009, a 3.6 percent compound annual increase.
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.
Source: Eline Entertainment Group, Inc.
SOURCE: Eline Entertainment Group, Inc.
CONTACT: Eline Entertainment Group, Inc.
corporate@elineentertainment.com
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