El Maniel International Inc (EMLL)

[penguin in nevada]

This is whats going on the company its retiring two billion shares of its common stock within a 12 months period so as to facilitate merger and acquisition transactions and make our stock more appealing to prospective acquisition targets.The remaining shares held by insider will be subject to renewals of lock-up agreements for a further term of 24 months" states Jamie Khoo, CEO and President of El Maniel International, Inc.

The 24th month was May 2016.It was suppose to make the stock appealing to investors.

http://www.marketwired.com/press-release/el-maniel-international-inc-announces-plans-retire-up-20-outstanding-shares-insider-pinksheets-emll-1908745.htm