ELITE GROUP, INC. (OTCMKTS:ELTZ) Files An 8-K Completion of Acquisition or Disposition of Assets

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ELITE GROUP, INC. (OTCMKTS:ELTZ) Files An 8-K Completion of Acquisition or Disposition of Assets
Item 2.01 Completion of Acquisition or Disposition of Assets

On November 16, 2017 Elite Group Inc signed a term sheet with Utica Leaseco for over $1 million in financing for oilfield construction equipment with closing schedule by the end of year.

In addition, Mammoth Corp has agreed to purchase all remaining convertible notes.


About ELITE GROUP, INC. (OTCMKTS:ELTZ)

Elite Group, Inc, formerly Elite Books Inc., is a development-stage company. The Company focuses on selling books by utilizing Internet. It is primarily focused on a range of science and humanities subjects, namely, archaeology, history, historiography, linguistics, paleolinguistics, philosophy, anthropology and genetics. Its archaeology books offer environmental data and human cultural heritage. Its History books offer information regarding the study of the past and various possible sources of the past to establish the sequence of events, historical processes, objectively described facts. Its Historiography books provide social science of history and historical methodology. Its linguistics books offer the studies of human languages. Its Paleolinguistics books provide modern historical linguistic studies. Its Anthropology books offer study of man, his origin, development, existence in the natural and cultural environment.