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Been gone for a few days but back. Guess a lot of ready to do.
Thanks Smile_B will be looking to help the board out as much as I can.
If any of the assistant mods need to be replaced I would throw my hat in the rink.
Thanks for the reply and points taken.
As you started this board I think about 7 days before I bought into EMLL, I have read all the information since then and will continue to do so.
Just as hard as you work on getting them to answer certain area's I have also been sending mails.
I hope to see that I have made a wise choice in EMLL and I will ride the train as I have been on it this long.
After all this is pinky land and any thing can happen, which includes vague answers or none at all.
How ever I see them heading in the right direction even with certain items unanswered and bills to pay.
Heck we have multi billion dollar companies sending false and misleading information to stock holders and auditors. No need to go into the names as any one over the age of 16 should know them.
Should we hold pinkies to the same standard, maybe, but we held these others to the same standard and we had to bail them out. We also know that pinky land can thrive or fail based on their business and ability to provide the goods that they are in business to do. If not they will fail but I do not see this in EMLL. I see a small start up that I am willing to give a chance on, after all we were all burned by the bust a few years back.
In all trust no one but your own judgement and do your own research and invest in what you feel is going to make money.
Go EMLL
Also forgot to ask if you plan on talking any of the recent PR'S that are very positive as I would like to see you expand on the PRO'S also vs. just CONS.
Also I did provide the mail from IR and was interested on your thoughts, was in my previous response to this thread.
On the gold sales it was clearly stated in the PR that they are using the gold trading arm to buy and sell the gold, not from gold in plot C. Since they are allowed to buy gold at below 3% the market price on the day of the sale. This would leave at least a 3% profit over all. If they resold it the same day or if they sat on in for the market price to rise slightly then even more profit.
Loose math:
So 1000oz of gold @ 1400 is 1,400,000.00 X 3% (lowest percentage) = $42,000. Or they could sell 60,000,000 shares to raise 42,000.
Here is the e-mail reply from IR:
fromEMLL <ir@elmaniel.com>
toPhillip XXXXXX <xxxxxxx.xxxxxx@gmail.com>
dateFri, Mar 18, 2011 at 9:13 AM
subjectRe: Investor questions
hide details Mar 18 (7 days ago)
Our most recent posting (and the structure has not changed since) can be found in our Annual Reports, filed this year, at OTC Markets (www.otcmarkets.com)
thank you for your email.
EMLL IR
So just curious on your thoughts on all the recent PR'S even if they don't answer you I see merit in what they are doing or at least releasing in PR'S FEB-March. I see that these are never mentioned in your Q&A. You always seem to focus only on the perceived bad issues with no mention of a positive. If you want to be open and have conversations with the other folks on this board you need pros and cons, not just cons. I will say some do have merit and do need to be answered but we are just stock holders and I am happy to see PR release's as some companies only put out 1 PR a quarter. As this also was an issue last year but from what I saw they at least fixed this so far. With out those positive PR'S you would still be holding your 78,000,000 shares at the .0003/.0004 range, waiting for the day to dump them at .0005 or .0006. How ever good fortune came every one's way as the company released many good PR'S that allowed the stock price to rise to double what it was about 30 days ago. So either 100's of people are wrong or one person is right.
To me this is progress.
Again I am not going to take the time to link the email response I received on the SS are its posted a few times over the past week of their response to me that it has not changed and is accurate as of the last filing. So either the SS has not changed and they answered my email in honesty or they lied. Since it is in writing from a company employee I am assuming that it is legit.
As for the other questions no one here has the answers, we know this, we have also asked. So keep posting the same thing that we all already know and we all already know to date they have not replied. Is that because they are hiding something, I have no idea. Is it because they can not say for some internal reasons I can not say. It it because they are working on something that if released would harm a deal they might be involved in, I can not say.
Nor can any one else on this forum, including yourself.
I agree with this post and hope to see the updates that would calm every ones nerves but in the mean time I will support the efforts that are being sent with PR updates.
Thanks Smilin B
Thanks for the kind words.
GLTA go EMLL
The issue is that folks look at outdated information to start gloom and doom. If a company issues a PR, which back in 2010, were very few, you either choose to believe them or not.
As I stated before I choose to think that they are working towards the goals set in the PR'S and hope to see my share price rise.
As with any public company they issue stock to execute their business plans, you the stock holder invest with these shares and hope to see it appreciate.
So many say the PR'S are baseless and they are not working on these projects, please provide the evidence, besides the sky is falling or dilution. Dilution does not mean they are not expanding and working towards these goals. Issues any new shares into the float, even if it has happened, might be used to execute these plans.
To every one complaining they could always go get a loan and pay an APR on it or possibly use the market to raise the cash needed. Who here can say that they have or have not. Who here has evidence that if they did it was not used to purchase gold, purchase equipment to start mining, to pay for the 20% bank purchase?
Scream all you want, and provide data from 2010, I am in this since Aug 2010 and my share price has more than doubled and I am keeping all my shares. Those that might have bought in at .001-.0007 you have a gem IMHO.
you either want to be here or you don't, if you choose that you don't think that in 2011 the company is moving to secure many areas that will enhance shareholders value, sell them, we have many that will buy them.
Finally as stated before, provide data not vapor when disputing what the company is doing, this goes for any Longs or shorts, just state the truth if you can find it, or wait and see where this goes.
I agree with you PK and yet we get folks who most likely don't even hold a position come in and say they are false, cracks me up to no end, how they try to drive down both price and investor confidence.
Long and strong.
Go EMLL
Also since my last reply from EMLL IR on Friday I have sent a new inquiry to them, in the hopes of getting some more questions answered that were asked in Dec 2010\Jan 2011 clarified as there is some information being passed that needs a new update. We have had many PR'S that have at least given progress updates and now I hope that they are able to supply new information to some of the old answers and i will await their reply.b
The last email took 6 days to get answered so I will post any information sent form them to other EMLL investors on this forum and hope to clear up the older information that has been provided. I am very hopeful that they will have updates to some of these and my own questions that would make the investors even more confident.
Go EMLL keep going strong and moving forward.
EMLL is moving in the right direction with its move to start to resell gold. As an investor I am very happy to see the EMLL is starting to use its gold trading arm to make quick cash. Given that they can buy gold at a 3% discount at current market price that could very easy be 5% - 10% by the time they resell it to a reseller. I guess its all timing and how long they hold it prior to offering it for sell. Either way 3% if that is what the margin is I will take it as a middle man to do very little. Its a very good start to bring in revenue to invest in mining our old gold and lessens the dollars needed from loans or shareholders to ramp up our two other plots.
I give it a thumbs up as a good start as I have seen other gold company's in pinky land still stuck in start up for over 1 year and we have not been doing this with less than a year of work.
I think they are moving in the right direction and for the stock price, its doubled in the past 30 days and look for it to double again in the next 30 days or so.
Any doubters can leave as I am here to stay as this one has the most short and long term potential.
GO EMLL
It seems that way but still going to be here. Too much starting to happen and been here as a LONG, as you know. GLTA
GO EMLL
But it was compared to a scandal stock in the 90's to me that is the same as stating it. I take objection that it is even mentioned in this forum and if I compared this stock to a scam in 90's or any of its officers in the company, my post would be deleted right away, yet you can as you are the Mod and assistant mod. As it has nothing to do with EMLL nor is EMLL a scandal.
Just think it was not right as it instills what your thoughts are and referencing a scandal in the same breath as EMLL.
Direct quote from your post:
"It sure is a wild saga - reminds me of the Bre-X scandal back in the mid 90's. Anyone remember that? "
All of the rest of it is fine to me as it shows what you have done in the past and what you expect in the future, how ever it seems that you take zero stock in what the company is doing now or attempting to do.
Just because they do not answer you does not mean they are not working at making this a good stock in the near future. If we were all fortune tellers we would not be in this forum.
We all exchange ideas and what our experiences are and the direction of the company and I enjoy it.
GO EMLL
So good reply as it makes sure all the bases are covered but what baffles me is that you assert in the last line of this being a scam, is that what you mean as it reads that way and I would assume you have have backing to add to this theory.
I did not ask for the TA numbers only what the current SS was. Here is was my first email:
Mr. Khoo,
I have been investing in your Ghana operation since August 2010 and think you are making great progress in implementing your business plan. Also thanks for the updates that you are providing the share holders.
How ever I have a question that would calm the nerves of many other investors in EMLL. Is it possible to release any numbers on the outstanding\preferred shares as I am always protecting EMLL and feel that a release into the PR news wire would be hold a lot more water, or gold for that matter, crossing my fingers.
Some are clinging too a major dilution and I just do not see it. Along with the non-reporting action is making them even more suspect of this action happening even more since you are not required to file these types of actions. I realize that EMLL has a reason for this and hope that it is in the share holders and officers of EMLL bottom line.
This is my second request for some type of action on this matter and a reply would be appreciated, even if it is a no.
Thanks for your time and look forward to a reply.
Their reply:
EMLL
to me
show details Mar 18 (4 days ago)
Our most recent posting (and the structure has not changed since) can be found in our Annual Reports, filed this year, at OTC Markets (www.otcmarkets.com)
thank you for your email.
I did contact them and their response on Friday was the SS has not changed. So either I take them at their word, as it was emailed to me or I don't.
I choose to think that those who had a lot of shares sold out over the previous two weeks and when I mention that I did get e-mails back after sending three I was happy to see it yet you won't mention it and I have to keep replying back when I see this type of post. As the post last night said they will not answer your request but some how they answered both of mine. It did take them about 6 days to do so. I would ask those that have emailed EMLL to wait a bit before complaining that they did not get a mail back.
This was the reply I received when I asked about the SS.
EMLL
to me
show details Mar 18 (4 days ago)
Our most recent posting (and the structure has not changed since) can be found in our Annual Reports, filed this year, at OTC Markets (www.otcmarkets.com)
thank you for your email.
EMLL IR
It took them about 6 days to reply to my first email, hopefully they get their replies soon.
I think PH will chew up more of these 8's and end at 9 by the bell. Or at least that is what I am thinking. Either way GO EMLL
L2 on EMLL showing a open at .0009 (nite), bid at .0007.
GO EMLL
Well lets hope that we can get this board moving forward again.
I feel healthy debate is good and this is what brings investors to the stock again.
I do hope that they start to release information on their work that they are doing, as mentioned in the last PR a few months back. This will either prove or disprove what their intentions are for the shareholders and executing the business plan that was given.
I feel that the lack of a PR, for what ever business reason, is causing the unrest. How ever I agree that this is main cause for concern but it may be the best thing, just don't know or I would be rich and have my minion tying in this forum. :)
GO ICOA
I would agree, based on the buying that I have seen here the past two weeks. Also, I have my friends that I have that bought in for the ride weeks back at the .0004 level and on its way up over the past few weeks.
I added to my .0003\.0004 last week also just don't post it nor the numbers of shares but think we have a gem here and those that do not think so will be buying in at .002X or above in the short term and .005 by the end of April. IMHO.
I also expect to see some more buying next week to transfer the short term investors into our hands. I am not sure how much is left by the one investor but I think his shares are gone or almost swallowed up by those here on this board.
GO EMLL
EMLL email to me on Friday on Share structure, which makes me happy to know that what is posted is still current.
My mail to them:
(reply from the below)
Mr. Khoo,
I have been investing in your Ghana operation since August 2010 and think you are making great progress in implementing your business plan. Also thanks for the updates that you are providing the share holders.
How ever I have a question that would calm the nerves of many other investors in EMLL. Is it possible to release any numbers on the outstanding\preferred shares as I am always protecting EMLL and feel that a release into the PR news wire would be hold a lot more water, or gold for that matter, crossing my fingers.
Some are clinging too a major dilution and I just do not see it. Along with the non-reporting action is making them even more suspect of this action happening even more since you are not required to file these types of actions. I realize that EMLL has a reason for this and hope that it is in the share holders and officers of EMLL bottom line.
This is my second request for some type of action on this matter and a reply would be appreciated, even if it is a no.
Thanks for your time and look forward to a reply.
Reply to me
EMLL
to me
show details 9:13 am (2 days ago)
Our most recent posting (and the structure has not changed since) can be found in our Annual Reports, filed this year, at OTC Markets (www.otcmarkets.com)
thank you for your email.
EMLL IR
Seems to me that we have two types of folks on this board those who want this to succeed and those who have given up.
I see both sides and it was a healthy debate and now has become personal against a few people.
ICOA will fail or succeed on what it does and not what we assume will happen, good or bad.
Buy or sell is the actions you need to be doing based on your personal feeling on this stock. I personally will hold for the next PR and then base its substance on to sell my position or add to it.
Lets all hope ICOA comes through with some of its previous PR'S, which I agree we are way over due for.
I personally see my holdings will double in the short term but that remains to be seen.
GLTA
They did answer that the O\S has not increased, so that's a plus. Now we see if what they said in today's PR actually comes to action.
So you said the same information on two other stocks yesterday, looks like you are either loosing money on all 3 or just like to bash. The other two posts were from yesterday by looking at your history.
Have a great weekend
Go EMLL
Smilin_B check email posts from EMLL IR on my request on share structure - no share changes, same as before...
EMLL answered my second mail. I did forget to mention that they were sent Monday and Tuesday. This is the response back from the Tuesday. Sounds like Khoo has been busy, which is good for all us investors. But a good FYI that you will get an answer if you send in questions just takes them a few days.
EMLL response:
EMLL
to me
show details 9:21 AM (2 hours ago)
Mr. Khoo is frequently on travel with firsthand observation and detail for projects worldwide. Investor Relations for any company is so that you may express concerns, ask questions, make suggestions, etc. and all material is reviewed with the CEO per his schedule. Please do not let this affect your overall confidence in the company as, on the contrary, it should only demonstrate that you have an active, working CEO with delegation at hand for tasks toward a well-oiled machine. Please feel free to email us anytime here and I will make certain that Mr. Khoo is made aware.
thank you.
EMLL IR
Agreed but wanted investors to see this first hand from a reply back from EMLL today. It not only enforces what we know that it is not dilution but keeps share holder confidence moving forward.
GO EMLL
I have an email reply from EMLL that the share structure has not changed. This is good news to all who have wondered if it had.
Here is my mail:
Mr. Khoo,
I have been investing in your Ghana operation since August 2010 and think you are making great progress in implementing your business plan. Also thanks for the updates that you are providing the share holders.
How ever I have a question that would calm the nerves of many other investors in EMLL. Is it possible to release any numbers on the outstanding\preferred shares as I am always protecting EMLL and feel that a release into the PR news wire would be hold a lot more water, or gold for that matter, crossing my fingers.
Some are clinging too a major dilution and I just do not see it. Along with the non-reporting action is making them even more suspect of this action happening even more since you are not required to file these types of actions. I realize that EMLL has a reason for this and hope that it is in the share holders and officers of EMLL bottom line.
This is my second request for some type of action on this matter and a reply would be appreciated, even if it is a no.
Thanks for your time and look forward to a reply.
Phil
Here is the reply:
Reply
Forward
Reply
|
EMLL
to me
show details 9:13 AM (25 minutes ago)
Our most recent posting (and the structure has not changed since) can be found in our Annual Reports, filed this year, at OTC Markets (www.otcmarkets.com)
thank you for your email.
EMLL IR
- Show quoted text -
I agree with your assessment, I think that might have been the last of his shares, if they were his. I picked up more to hold as I am sure others did.
glta go higher EMLL
I am thinking this is the last of Smile's shares so we can move up after this dump and hold for where we know this stock should be.
Since longs and new folks are holding I see the price holding or going up. The only down side is how many more of smile's shares are going into the market today. Either way folks are gathering up his shares and he will be out of them soon enough.
1 day does not make a stock but a slow and steady climb with good volume makes it a blockbuster. As we have seen here for two weeks straight and this trend should continue as the charts indicate.
GO EMLL !!
This has potential written all over it or would not of waited.
been here since aug 2010 also but holding my shares...
go EMLL
I also bought more today to kill these MM. Only could get 1 million how ever.
If you review my post they are along the same lines
Sorry for and misspelling as my previous post were auto corrected from swype. Need to check them better prior too post. Go emll
So we have seen a better resistance base climbing for two weeks with accumulation this to me points to share holder faith in the progression of the companys vision and over all success of the execution of thier business model. As share hikers of any company we hold them to executing this business plan so that or investment matures. Based on thier progress it looks like we should see results by summer. Keep in mind this is a start up that should have revenues by april. I call that a success when your can bill and lost to account receivables in the first year.