Eline Entertainment Group, Inc. (PINK SHEETS:EEGI) has completed their merger with Vu365.
Vu365 has been looking to enter the US market for quite some time, and this merger is the perfect opportunity. According to sources, Vu365 offers revenues in the $2 million USD range, with profits of $500,000 USD.
Vu365, a China-based gaming company, has over 30 employees. Founded in 2005, the group operates web and casual games. Vu365 has several products in development: an assortment of strategic web games, cyber games and 3-D large scale competitive games. Vu365 has already garnered popularity as the sole agent of a Korean MMORPG (Massively Multiplayer Online Role-Playing Game), a game that accrued 3000 online gamers and a monthly residual income of almost 300,000 RMB (about $10,000.00 USD) from that single application alone.
In other company news EEGI board awaits Innovation Group (Inn) updates regarding diversification of the Inn assets. EEGI management is looking for a change in direction and growth with its focus set in the entertainment industry with the aforementioned merger of VU365; and the recent merger of USA based luxury leisure transportation services.
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J.P. Morgan Worldwide Securities Services (NYSE:JPM) announced recently that it has been selected by FHLBank Atlanta, a federal home loan bank, to provide custody and liquidity services for the bank’s own investment portfolio and for assets it holds for its member banks.
JPMorgan Chase & Co., a financial holding company, provides various financial services worldwide.
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HiSoft Technology International Limited, (NASDAQ:HSFT), a leading China-based provider of outsourced information technology and research and development services headquartered in Dalian, China, recently announced that it has acquired substantially all of the businesses of Besure Technology Co., Ltd., a leading China-based supplier of SAP services.
HiSoft Technology International Limited is a leading China-based provider of outsourced information technology and research and development services headquartered in Dalian, China.
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Randgold Resources (NASDAQ:GOLD) materially improving operational performance from its Loulo complex in Mali lifted Randgold Resources’ third quarter results and the company said this, together with the start of production by its new mine at Tongon in the Côte d’Ivoire, is expected to spur a significant rise in its fourth-quarter gold production.
Randgold Resources Limited, together with its subsidiaries, engages in the mining and exploration of gold mines in West and Central Africa.
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