EEGI · Eline Entertainment Group, Inc. · Holdings

Substantial doubt about the company's ability to continue as a going concern.

“Management has evaluated these conditions and determined that they raise substantial doubt about the Company's ability to continue as a going concern for a period of one year from the date these financial statements are issued. Because the success of these capital-raising efforts depends on future market conditions and investor interest, management cannot conclude that it is probable these plans will be effectively implemented within the required one-year timeframe. Accordingly, management has concluded that the substantial doubt about the Company's ability to continue as a going concern is not alleviated.”