CLEARWATER, FLORIDA--(Marketwire - 10/29/10) - Eline Entertainment Group Inc. (PINK SHEETS:EEGI - News)(www.elineentertainment.com), is pleased to announce its completed merger with Let The Good Times Roll, Inc.
Let The Good Times Roll, Inc. ("LTGTR") (www.goodtimespartybus.com) is a luxury transportation company incorporated in Delaware with its base of operations in Florida.
Since its inception in 1996, the company has provided the Tampa Bay area with the premier "party on wheels" experience, servicing bachelor/bachelorette parties, corporate outings, charter trips and more. LTGTR's fleet of buses and limousines offers trips that run about five hours with stops available at various local nightclubs and hot spots. The vehicles in the LTGTR fleet offer the "in the club" feel, with a lighted bar with bartender, audio/visual equipment, dance poles, restrooms and state-of-the-art lighting effects.
Debra Davis, President of LTGTR states, "We are excited about becoming part of EEGI. We are confident that with our new software and technology in the works, we will be able to expand significantly beyond the Tampa Bay private charter company into a large luxury transportation company."
Ms. Davis has an extensive background in multinational enterprise and development, with over twenty (20) years experience in executive management. She will begin her leadership by making immediate changes to the Company's corporate image, streamlining financials, and instilling a deep commitment to the highest level of customer care.
More details will follow shortly including appointments of additional officers and directors to EEGI.
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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.
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