HENDERSON, NEVADA--(Marketwire - 11/01/10) - Eline Entertainment Group, Inc. (EEGI; www.elineentertainment.com) (PINK SHEETS:EEGI - News) and the company's subsidiary Let The Good Times Roll has successfully merged with Bad Boy Party Buses and Limos (www.badboypartybuses.com).
Bad Boy Party Buses and Limos is a limo and party bus company serving the Tampa Bay area. From birthdays, prom, bachelor/bachelorette, anniversary, corporate parties, to large group trips, they offer their patrons top quality partying, all the while assuring that they arrive safely to and from their destination.
LTGTR employs an organic expansion and acquisition tactic to start increasing the company revenue streams and expand on the market immediately. Besides organic expansion, the company also seeks mergers, acquisitions, and participation in various joint ventures. LTGTR believes Bad Boy Party Buses and Limos will be a good fit for the company business model. The company seeks to achieve aggressive business growth with several mergers in the near future.
This is EEGI's second merger announcement in the last several days. The company is targeting one or possibly two more merger candidates in the short time frame. EEGI management intends to keep shareholders updated with further details on the progression of upcoming mergers and already completed mergers via filings, which will be posted shortly on the OTCMarkets.Com site.
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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.
Eline Entertainment Group, Inc.: corporate@elineentertainment.com
Source: Eline Entertainment Group, Inc.
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