Elite Group, Inc.
Publicly traded company under the symbol ELTZ.
Specializing in acquisition of assets relating to Oil Field Water used in upstream Oil & Gas.
$ELTZ Continuing to work on our three previous announced acquisitions and updating our fillings. Will have a formal announcement in the next couple of weeks and looking forward to a great 2019.
$ELTZ We have signed a letter of intent with Silver Lake Industries Inc. to purchase wells that provide annual cash flow of approximately $4.8 million. Great things ahead.
$ELTZ, we have retained Ryder Scott Petroleum Consultants and Safe Harbor Equity Advisors to provide petroleum engineering, reserve analysis and Investment banking for private placement funding associated with the acquisition of 17 producing oil wells from Silver Lake Industries
$ELTZ Quick update, we have financing in place for 2 more acquisitions. Currently looking to secure financing to assist in covering acquisition costs and provide updates on filings.
$ELTZ Quick update, Mammoth is buying both the remaining balances of notes from Adar Bay and GS Capital totaling about 50k. We will be releasing info next week on new acquisitions and contracts.