Eline Entertainment Group Inc. (EEGI) Targets a USA Merger Candidate
August 17 2010 - 9:30AM
Marketwired
Eline Entertainment Group Inc. (PINK SHEETS:
EEGI)(http://elineentertainment.com/) is pleased to announce its
intentions to acquire a Delaware-based luxury transportation
company with a basis of operations in Florida.
Since its inception in 1996, this company has provided the
premier "party on wheels" experience, servicing
bachelor/bachelorette parties, corporate outings, charter trips,
etc. Pre-reserved trips run about five hours, stopping at various
local nightclubs and hot spots. The vehicles in the fleet boast
such features as lighted bars with bartender, audio/visual
equipment, dance poles, restrooms and state-of-the-art lighting
effects for an "in the club" feel.
EEGI believes that this company will add to the overall bottom
line while expanding operational goals. Negotiations are currently
in the final stages and an agreement contract is expected to be
finalized shortly.
About Mina Mar Group:
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learn more.
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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.
CONTACTS:
Investor Relations:
Tel: 1-647-426-1640; 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.
Contacts: Investor Relations: Mina Mar Group 1-647-426-1640
www.minamargroup.net
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