Business
Eline Entertainment Group acquires Graystone Education, Inc. and begins new business model in multi-billion dollar industry
Eline Entertainment Group acquires Graystone Education, Inc. and begins new business model in multi-billion dollar industry.
About this update from Eline Entertainment Group, Inc.
[{"type":"text","content":"\n\n\n\nEline Entertainment Group acquires Graystone Education, Inc. and begins new business model in multi-billion dollar industry\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nEline Entertainment Group acquires Graystone Education, Inc. and begins new business model in multi-billion dollar industry\nPR Newswire\nSCOTTSDALE, Ariz., Sept. 22, 2014\n\n\n\nSCOTTSDALE, 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. \n\nGraystone 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.\n\nWith 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.\n\nInitially 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. \n\nClose 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 mo...