2010
07.07

HARBIN, China, July 7, 2010 /PRNewswire via COMTEX/ — Eline Entertainment Group Inc. (EEGI, http://elineentertainment.com/) and its China-based subsidiary Innovation Investment Group (Inn Group; http://www.ydwtz.com/eng/) announce that the company held Innovation Summit 2010 to assure smooth implementation of the 2010 plan.

Innovation Investment Group held a high management Summit in Harbin. During this summit, the management summarized company’s progress on implementation of the 2010 expansion plan and assessed the timeline progress determined for the Inn Group’s expansion in 2010 on the Chinese educational market.

The Summit focused on adjustment of strategic plans to ensure the best effect of company’s expansion and operation. The adjustment of the plans stemmed from the assessment of trends that unraveled at the beginning of the year. The Inn Group executives adjusted the strategic direction, strategic objectives, program implementation, etc. to address these trends.

Innovation Investment Group Inc. reported revenues reaching nearly 9 million RMB ($1.3 million USD) in Q1 2010, with net profit margin in the range of 65-70%. The company continues to expand on the Chinese educational market, investing in its 2010 projects such as new Centre in Chengdu.

The company reminds its shareholders and followers to monitor PinkSheets.com Filing section and also our IR company web site section “PRESS RELEASES AND FILINGS” TAB http://www.minamargroup.net/ for non newsworthy corporate updates.

For any matters relating to retail investor queries or to send the company or its IR a message please click on the “INVESTOR SUPPORT” TAB, or the direct link http://www.minamargroup.net/helpdesk. In this regard, Mina Mar Group works diligently to answer and address all the pressing issues regarding its clients to the shareholders’ satisfaction. MMG is in constant contact with the companies, addressing, obtaining and processing all inquiries. MMG is often one of the advisors or IR companies utilized by the issuer. Depending on the location of the issuer and management’s availability, it may take up to several days to address any pressing issues. In a normal course of business and a pending transaction, the issuer may opt to remain silent in order not to lose advantage to a competitor. MMG is mindful that sometimes shareholders want answers immediately, which for the above reasons cannot be fulfilled on a timely basis.

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Filings for this event are currently being reviewed and will be filed with Pink Sheets and Client Support section in due course. To be included in company’s email database for press releases, industry updates, and non-weekly activity in the company that may or may not be news released, please subscribe or opt in mailer at http://www.minamargroup.com/updates.

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