Elite Group, Inc. (OTCPK:ELTZ) entered into a LOI to acquire all assets of Carter County Resources, Inc. on January 25, 2018.  Pursuant to the LOI, Elite Group, Inc. will acquire all assets including projects that generated revenue of approximately $1.5 million in 2017. The current management of Carter county will continue to remain with the company and will continue to grow revenue with the business management support that Elite Group will provide. Elite Group, Inc. (OTCPK:ELTZ) cancelled the acquisition of all assets of Carter County Resources, Inc. on January 25, 2019.