Eline Entertainment Group, Inc. (OTC:EEGI) today reported that its 51% majority-owned subsidiary CTD Holdings, Inc. (OTCBB:CTDH) recently reported its results for the three and six months ended June 30, 2007. CTD Holdings reported total product sales for the three months ended June 30, 2007 of $179,697, compared to $127,446 during the three months ended June 30, 2006. Total product sales for the six months ended June 30, 2007 were $330,923, compared to $294,296 for the comparable period in 2006. Sales for the three months ended June 30, 2007 were $179,697, compared to $127,446 during the three months ended June 30, 2006. CTD Holdings reported net income of $88,422 for the three months ended June 30, 2007, compared to a net loss of $39,157 during the three months ended June 30, 2006. For the six months ended June 30, 2007, CTD Holdings reported net income totaling $85,109, compared to a net loss totaling $19,112 for the comparable six month period in 2006. It should be noted that Eline Entertainment Group�s consolidated financial statements include the accounts of Eline and consolidates the financial statements of its subsidiary CTD Holdings therein. Yucatan Holding Company, a privately-held investment company, holds a controlling interest in the voting securities of Eline Entertainment Group, Inc. (OTC:EEGI). Certain statements in this document and elsewhere by Yucatan Holding Company and/or Eline Entertainment Group, Inc., are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such information includes, without limitation, the business outlook, assessment of market conditions, anticipated financial and operating results, strategies, future plans, contingencies and contemplated transactions of each aforementioned company. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and other factors which may cause or contribute to actual results of each company�s operations, or the performance or achievements of each company or industry results, to differ materially from those expressed, or implied by the forward-looking statements. Yucatan Holding Company and Eline Entertainment Group, Inc., undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise. Actual results, performance or achievements could differ materially from those anticipated in such forward-looking statements as a result of certain factors, including those set forth in each respective company�s filings with the Securities and Exchange Commission.
ELine Entertainment (CE) (USOTC:EEGI)
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