SCOTTSDALE, Ariz., Sept. 22, 2014 /PRNewswire/ -- Eline Entertainment Group, Inc. (OTCPink: EEGI) today announced that it has recently acquired Graystone Education, Inc. (Graystone) as a wholly owned subsidiary. The company has posted its public disclosures, and was moved up to the "current" tier on the Pink Sheets.
Graystone has been designed to address a variety of needs in the multi-billion dollar education industry with a business model based on drivers associated with tends in education, globalization, technology convergence, socio-economic, political, and societal variables.
With the first phase of the business plan complete including establishing the enterprise; a solid methodology with accreditation-based policies; development of degree programs and unique curriculum; and more, Graystone has moved on to the acquisition phase.
Initially based on the best components of successful business models within the industry, the Company has developed an enhanced approach that is designed to mitigate major risks and meet unique demographic needs in accredited technical training; corporate training; continuing education requirements; military training needs; undergraduate; and graduate degree programs. The company feels it has a distinct competitive advantage in its unique methodology, broad experience base, and focus on implementation of best practices.
Close of escrow is pending on a signed purchase agreement for an established, profitable, accredited technical college, and a letter of intent is signed on a second candidate with similar attributes. The company has assembled an outstanding leadership team with complimentary core competencies in both academia and in business. With a refined business model and a bias for action by the executive team, Graystone is positioned to become one of the fastest growing entities in the education industry in America and abroad.
About Eline Entertainment Group, Inc.
Eline Entertainment Group, Inc. operates its wholly owned subsidiary; Graystone Education, Inc. Graystone provides a variety of education services including consulting and operations. The business model includes: significant intellectual property; campus based and online venues; accredited-based programs; competitive high-quality programs; and a student goal-achievement focus. For more information contact elineentertainmentgroup@yahoo.com.
DISCLAIMER
This Press Release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The Company has tried, whenever possible, to identify these forward-looking statements using words such as "anticipates," "believes," "estimates," "expects," "plans," "intends," "potential" and similar expressions. These statements reflect the Company's current beliefs and are based upon information currently available to it. Accordingly, such forward-looking statements involve known and unknown risks, uncertainties and other factors which could cause the Company's actual results, performance or achievements to differ materially from those expressed in or implied by such statements. The Company undertakes no obligation to update or advise in the event of any change, addition or alteration to the information catered in this Press Release including such forward-looking statements.
SOURCE Eline Entertainment Group, Inc.