Element Global Inc (ELGL)

[aMill]

Again we return to the fact that they are going to be FULLY AUDITED THIS YEAR AND BE SEC COMPLIANT. At the end of March their company was already beginning to file the SEC Form 1 Filings.

2 years ago the legitimacy of financials could be called into question. They weren't audited and showed no signs of being audited. We have already covered why this is such a good thing because it allowed them to retain earnings and grow the company. Much better for the shareholders in the long run. But this year they WILL be audited. I don't care if Ponzi and Madoff work at the company, they can't get past an audit and SEC compliance. They wouldn't be calling in auditors if there were anything wrong or not balanced with the company books? The auditors would find it immediately. So again, why would someone breaking the law call in the auditors to catch themselves? THEY WOULDN'T

Another big indication of no foul play is the fact the the company retired over 150M shares in April. That is almost 40% of the outstanding shares 4 months ago. Ha that is the last thing on the priority list of companies conducting bad business practices. It is one for significant praise and it hasn't been fully realized by the market IMO.

In all honesty I do appreciate the legit concerns being raised. It allows us to clarify these issues for anyone that isn't sure about them.

Also I just looked this morning and there is a stereotypical white office building located at 2232 right off the main road. Looks like a real building but maybe google is on it too.