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Eline Entertainment Group (EEGI) filed its quarterly report for September 30, 2025. The company reported no revenue and a net loss of $7,268 for Q3. For the nine months ended September 30, 2025, the company recorded a net loss of $29,632.
EEGI had $0 cash and a working capital deficit of $118,941 as of September 30, 2025. Operating cash outflows of $45,617 were entirely funded by $45,617 in related‑party advances. Accounts payable and accrued expenses decreased to $6,968. Shares outstanding were 8,524,529,727 as of September 30, 2025.
Management states the company is a blank check company with no operations and plans to pursue acquisitions; it has not raised capital. The report includes a going concern warning citing recurring losses, no cash, and funding needs. Management also concluded disclosure controls and internal control over financial reporting were not effective due to material weaknesses, including lack of an audit committee and inadequate segregation of duties.