TO ALL: Email received from El Maniel this morning --
This proves that the company itself is, infact, selling shares into the open markets (you and i) to act on the immediate opportunities to raise cash. They pretty much admit to fleecing shareholders, for the fast buck, under the guise that they are diluting with the best interest of the shareholder ???
Same ol song we hear from most of these pinkies
Nonetheless , I remain long and vigil.
Check out the two email addresses we have never seen before:
IR@elmaniel.com and MLGroup88@yahoo.com ??
Read from the bottom up, so it is in order:
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From: "ir@elmaniel.com" <ir@elmaniel.com>
To: "M L Group" <mlgroup88@yahoo.com>
Thank you for your inquiry. We have capital in-house that we have earmarked for the projects and a review of our financials on EDGAR filings and/or otc markets will be a good guide for you as to our financial structure. As well, yes, we do utilize and derive capital from the markets from time to time to act on immediate opportunities for the company and its shareholders toward long-term growth, such as in our rural community banking acquisitions program, all of which I feel will have exponential return for all involved. We are here to build the company for the long-term and we believe our actions will lead to significant position in West Africa. We hope to attract long-term shareholders and I think you will be pleased with actions we have taken on the company and its plan to build the stock in line with its operations in the coming weeks.
Thank you,
EMLL IR
----- Original Message -----
From:
M L Group <mlgroup88@yahoo.com>
To:
<ir@elmaniel.com>
Cc:
Sent:
Mon, 17 Jan 2011 23:23:41 -0800 (PST)
Subject:
Fw: Mr. Khoo - please respond
Mark:
Kindly handle this enquiry acccordingly -- please be informed that our project activities are financed by internal funding...
Thank you
----- Forwarded Message ----
To: info@elmaniel.com
Sent: Tue, January 18, 2011 6:27:18 AM
Subject: Mr. Khoo - please respond
"On a separate note, in regards to the company stock, EMLL's board confirms that, contrary to rumors or speculation on internet message boards, the company has no plans to undergo any restructure or reverse split of its stock in the near future and that its capital structure, as-is, will sufficiently provide for its current needs. "Our goal is to build the company's stock and structure along with our company's operational achievements," states Khoo. "We will keep shareholders duly apprised of any forthcoming actions well before any need for a restructure or otherwise. Our primary focus now is the exciting developments we are harvesting in West Africa as its gold boom continues to increase."
DEAR MR. KHOO:
CAN YOU PLEASE CLARIFY WHAT IS MEANT WHEN YOU STATE THAT "IT'S CAPITAL STRUCURE WILL SUFFCIENTLY PROVIDE FOR ITS CURRENT NEEDS ?
Precisely how has our company managed to obtain the monies necessary to fund operations?
Are you the reason for the large amount of shares being sold into the open market?
Why are you doing this?
AI
