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The company was fully reporting the last time they put out the quarterly months ago. So, they did not need to do 5 10Q's in a row. The reason they did was to add one sentence in the beginning and that statement was that they are 'not a shell company'. The reason they put out all five was like attorneys who overload their opponent with massive doses of filings, motions and paperwork, only to see that it was 99.9% the same as what they filed before with an extra crossed T or dotted I.
As no one had a clue what was going on, this ploy added to the trick and the stock went straight up and Khoo diluted out maybe another 200,000,000 shares or more. That slick trick put at least $200,000. in his pocket. Then when people started to compare the 10Q's( all five) with the 10Q's ( all 5) that were out before the gig was up and the stock fell apart.
All this does not even matter as compared to the complete lack of acceptance or understanding that after all this we lost the OTCBB status for no legitimate reason. To try to be positive that at least we are not pink sheet( non filer) is ludicrous. We who were here from the start( August 10) saw how hard it was for that 10Q to come out and it did at the last day and at the last hour before complete delisting to the pinks. Why did Mr. Khoo then NOT get back on to the OTCBB? Hollister has not ever given an answer.
The above and countless other DD I have spelled out( even though I am LONG) has been discounted with rah rah speeches and pretty maps of 500,0000 square miles of Golden triangles. That is five hundred thousand square miles of land. To land Newmont Mining in there and say you are a 'developmental' miner is pure fantasy.
That is equivilent to say that because Nevada has mines that produce I can stake my claim there( map it first of course and then geology testing for a year of course) and y'all should come by and get sum stock in my penny stock y'hear?
I am beginning to think that all it takes is to spend $50,000. on a pink sheet shell, reverse merge BS into it, put out BS releases, get a 90 year old senile mining manager( like the old man in the Treasure of the Sierra Madre)pay another $50,000 to 10 websites, hire a few people with dirty faces and mining caps and call myself Golden Triangle, Inc. Then I will become an instant millionaire. Anyone here own a mining helmet with working light?
Heck. Why pay 50 grand for 10 websites when I can do it for free with all you people in this room?
Once again, start demanding Hollister and Khoo and Studer( the auditor) respond. We do not have too many chances.
By suggesting that we call the SEC and tell them what? That the MM's are manipulating this stock DOWN???!!!
The freakin SEC has been on this manip by Khoo from the start. Please don't ask anyone to call the SEC. That is suicide to the stock.
The MM gets it at 7 and sells it to you at 8
When I call the T/A and claim I am a shareholder in 10 other companies they do give me the OS( and then I know the float). Why is the T/A gagged here? It was a very seriously bad move by management. Even if Khoo sold 1.5 billion shares the float is MODEST. By hiding this now he added much confusion. It is like the paint job on the tanks kind of nonsense. We all know what is up and the only way to play this now by him is to polish a little. No big news on gold is needed to get this to .01!
The key is not news nor fundamentals nor modest float nor MM's nor flippers nor any release of several 10Q's.
The key is that Khoo stop diluting at any price. Remember Khoo sold quite a bit when the stock was at .001 months ago but he also sold quite a bit at .0003/4/5 as well. He must stop the dilution( I think he will stop at 4 billion OS which is 2B he owns and 2B we own for a 50.1% control).
We all want to believe that he will become a conglomerate.
yet part of that process is to stop dilution at certain points, like now. Let it run by itself and the promo and the stock goes to .01 easy. As I said before, you only have so many chances to prove this. This may be the last chance. Of course we shook out many players so the newbies to this are our 2nd chance. A 3rd chance this early comes rare.
Keep the positivity going.
The next filing is the 4th quarter that ends on September 30 2010 for this company( that is our year end, not December 31). This 4th Q is called a 10K annual report. So, as opposed to last time, we have until January 15, 2011 to get it out. This leaves plenty of time( almost two months) to have Khoo put out several news items. We all know he knows how to do that. So, I do not think that anyone will sell at .0007 and that the 8 is solid. Now to break above .001 again we need a statement by Khoo that he has no intentions of diluting anymore OR several rounds of potential gold reserves in the 'area' of the mapping. A statement that the exact location GPS is confidential but that it is in the Kubi vicinity would add some resolve to the confusion, especially when every junior mapper on the pinks or Vancouver, etc. tells you the wikimapia GPS locale of their 'finds'. It would help and I know Khoo and Hollister read these boards very carefully.
I did not post the float on MXGD. You know who did. The party has many participants.
Please do not spoil the party. The spoiler of parties is me, remember? I have done pennance. After I sell again I will metamorph back into my usual self.( kapeesh?) OK I will leave you to halboke and m1999 for the party. Keep Khoo drunk for one day and away from the phone please( whomever is listening) .
Now we are talking sense. Go EMLL
I agree to that number. yet, if we traded the total amount of 'float' then that means IF THE STOCK stays here( which it did!) that every screwball who was long is out now, right? NO! I bet you only daylar sold his paper. I am a basher and I am LONG!! If I am long so is 99% of the crowd.
Even I will admit that as Khoo has 100% diluted another 800 million shares the stock STILL CAN RUN UP BIG TIME.
From September to now the 892 million shares were dramatically increased. It is physically impossible to have that amount of shares in the float at .0002 with these many BS news items(eheh)
without the stock going to .01 unless the MM's have shorted( every single one of them). That has never happened EVER in pinky land ever. That means that Khoo dumped another 800 million shares into the rally. The proof is the wrap around agreement that ALLOWS him to sell unlimited amounts of shares into the market. This wrap around HAS NOTHING TO DO with the 2 billion shares RESTRICTED he owns. By putting out the last repeated 10Q's( he did so-are you listening crowd???) because he had nothing else to put out, he actualy opened up anyone who was doing DD to find the wrap around allowing him unlimited dump. My ranting advised otherwise. To otherwise promote his stock like halbroke1 by just doing the rah rah and not repeating the wrap around agreement.
Since no newbie knows what I am talking about anyway this has saved us from the .0001 Bidland again.
Now everyone, all together, sis boom bah rah rah rah and "potential" over and over again.
Now this is the type of sentence we need repeated 250 times today. Thank you. "potential" over and over again
The float is 1.5 billion shares, The OS is 3.5, still small.
That is hilarious and I have never heard of this in the pinkie market. Maybe you should get a glass of wine, sit down and read this. Then when the stock( if Khoo listens to anything I rant about) goes to .01 we can have a golden Christmas...........
Ghana: Mother of Gold Scams
Gold investments in West Africa are booming, and the relative political stability in Ghana, West Africa has made the country one of the most attractive new mining investments in Africa. Ghana is Africa's second-largest gold producer after South Africa. Large international players like Newmont Mining Corp and AngloGoldAshanti have been joined by smaller players like Randgold Resources, Keegan Resources, and others. Industry observers see potential for more deposits in Ghana, and consider the country as still under-explored. New gold finds here fast become the acquisition target of large corporations.
Scam and criminal operations are growing at least as fast as the gold boom. More criminals and scammers mean the risk for getting in on the action in West Africa is very high. Gold scams can involve real government agencies and documentation. Criminals and fraudsters can speak the industry lingo and even provide detailed contracts, shipment details and photos of operations and facilities. Ghana gold scammers are quickly becoming experts.
Read more: http://www.articlesbase.com/investing-articles/gold-scams-fraud-investing-safely-3527209.html#ixzz15V6sSDzD
Under Creative Commons License: Attribution
Simon Birch - About the Author:
Mr. Birch is a graduate from the University of Pennsylvania and has over 20 years of experience in private investigation services and surveillance. Mr. Birch has served as an advisor for international private investigators including Wymoo International and maintains his own private investigation blog. He has directed investigations in over 25 countries and is widely considered an expert.
Read more: http://www.articlesbase.com/investing-articles/gold-scams-fraud-investing-safely-3527209.html#ixzz15V6mdZD2
Under Creative Commons License: Attribution
If you need the flip side to this in the DD bash area you can review my and trre1 research. Aside from stervc in this room you wont find anything remotely positive as to real DD. Of course the research that stervc has done through graphs, charts and nice colorful diagrams do not answer ANY of the repeated questions that are asked in these rooms over and over again. Those questions relate to WHERE the mapping is taking place. To state and show nice pictures of the Golden Triangle which is bigger than New York State and to show within this massive area the several large mining companies that have specified their territories to mine, and then say because they are there, we are there and therefore we will probably find something, is incredible.
Below is a quote of stervc as related to 'credibility to the EMLL 'site'.
"Some have stated that the company never stated where their 200 acres of gold property is located. I say yes they have. Within the link below is an EMLL PR stating that their initial alluvial gold mining plot is located in Kibi, at the East Akim District of the Eastern Region of Ghana."
Do you know where in this massive area the 200 acres are? No, you do not. EVERY single junior mining company based in Vancouver, Nevada, South America, Tanzania,etc. etc. will tell you where they are prospecting. EVERY single mining company has quality management with years of history behind them. EVEN THE SCAM COMPANIES. EMLL does not. The Kibi area is hugh. Where is the 200 acres?
The problem we have and we all know it( newbies went to sleep already) is that our CEO( can I say 'our' now?) has no clue what business he is in and would not know what to do if you told him. To even think that you can market millions of dollars of stamps without a background so much as selling Chinese electronic pens is insulting to our intelligence. To think that a buy of a vacant oil depot and the pictures to prove it( not to mention the PR put out as lies by your own PR man and then trying to cover up the foolishness out of defending himself through semantics- it was like a Jackie Mason routine,honestly) and pass yourself off as an oil man is laughable. Now to try your hand at panning gold by alluvial mining is only more proof that our CEO is going for the news of the day. If gold goes back to $1000 then Khoo goes back to Chinese knockoffs.
Hollister was paid well for his people in this room but we need more stervc's in here with DD that at least look nice. What I am trying to say is that I want my con man to be a good promo artist and not a shyster who dumps paper the second he puts out another paid newsletter pump. Could you not wait just one stinkin week while 5 or 6 pinky websites promote EMLL. Stocktwitter you even had to bastardize with the dump? You do not WASTE your stocktwitter points, Khoo. There are just so many chances you get to market a pinky before the game is up.
I for one love the stamp to oil to gold routine and I love the pump but play it like the rest of the stocks out there and give us all a break. Give us all one month of straight no dilution and the stock goes to .02 by Christmas. Give us our daily bread. If you do, the dump will be that much better for you at much higher prices .
remember to paint it 30 seconds before the close as those b....s like to mess with your heads( the shorters and MM's)
You know why they call me spoiledrotten do you not? Because I tend to hold penny stocks that become rancid. I won't make that mistake again. We shall see EMLL at higher prices shortly and then an enormous dump at .002
Has anyone figured it out lately? Why 141,000 ISBN addresses according to InvHub operations have looked at EMLL and it still only .0008 bid?
Stop with the T/A or David Price or the previous owners or the auditor(s) or even Hollister( leave that guy alone-we screwed his head up badly). Start demanding that Khoo show himself and reveal the actual float. people in this room still believe that the float is 892 million when 100% facts prove that at least 1.3 billion shares were diluted a month ago. By now the float is over 1.5 billion easy. It is physically impossible for the stock to be less than .02 if Khoo did not sell( including massive amounts yesterday and today) an enormous amount.
The key is not that he is pumping and dumping or that a scam is unfolding but that some of that money is flowing back to the company in at least website promotion. WHICH IT IS.
Before I go I must comment on your 'private email'.
Bottom feeders are welcome here to as I 'hear' that Khoo is using the oil terminal tanks for shrimp farming in the down season.
I just want to get on top of the tanks and start screaming " top of the world mom, I am top of the world". Khoo owes that to us. Maybe the photographer in this room can take pictures. Have an ambulance ready to cart me away in case I go through the metal shielding on top.
Although you are a newbie here please attempt to read the 11 thousand posts since August 10, 2010. It may take several hours but you will find some DD information. Or you may go to stockfalcons diatribes( some decent DD) or Trre1( hard to digest) or mine( not as hard to digest). There may also be a need for humor as this is a lot of reading , so I would suggest m1999 once in a while too.
The T/A is hogtied.
If you do get any stock at .0007 then this goes to .0002 and the game is done. So stop dreaming. There are maybe 500 million shares at the bid support of .0006 to .0007 including me. I own 10 million shares at .0005 and I would like more at 6 or 7 but even I do not think that the CEO will let it slide without spending serious monies on another website promotion. At least we have that to look forward to, regardless of fundamentals.
C'mon patchman. They promised to pay 1 million dollars next summer to the previous owner. If they think they will have that to pay they must have 100 times that in gold in da triangle.
LOL
My post at 7:52 am got the 10Q's to be rereleased! I am the man. Now you understand why I am ranting!!!
I accept your reaoning except that when the other 2 joint ventures were initially mentioned they had the names of the partners. In this Ghana gold biz we do not. That is my problem.
We also had locations and monies spent and other important legal proofs( although we now are cautious with what we saw on those items). Here with gold in Ghana we see nothing but that some lot someplace is being mapped.
The filings today that were put out tell us nothing as they are EXACT replicas of what was put out before. What Khoo is trying to say is that this is not a shell because he either owns a terminal or has a JV with a stamp business. OK. It would be better to tell the truth and explain why after you bought this oil terminal the photos prove that it is a scam. The same with the stamps. Not one mention of what is happening there.
Any idiot could play a news release about the stamps or terminal and make it like these projects are actually doing something. It would more legitimize the concept that Khoo will do something in Ghana.
The idea is image polishing and correct PR. Not repeat the previous and obvious.
OK everything I said was BS. I take it all back. Lets go EMLL. LOL.I will stop ranting for a while.. I need to see .01 too. Good luck.
I am a bigger pumper than anyone here. I pump the right way. By aggravating Khoo to polish the image. Once again, no newbies wil care what I say and no one will not buy this stock from reading my posts. This is for Khoo and Hollister.
Everyone, stick to the technical trends and stop talking( if you stop I will) about the gold or the oil or the stamps.
This is a scam and you hit the nail on the head. By stating that they will pay 1 million dollars to the previous owner with 100 dollars in the bank and NO source of income they basically said WE ARE A SCAM. believe we can pay in 1 year and buy our stock because if we can pay 1 mil in a year we must have 100 mil in assets etc. etc. What a joke.
Who is? Webb and Comapny?The former auditors? They quit for "irregularities". The new auditor named Michael Studer? he wont respond if he is even the current auditor. The market maker who forgot to file forms to stay on the OTCBB right after EMLL filed the 10Q?
My anger is that after the 10Q came out Mr. Khoo selectively allowed the company to get DELISTED from the OTCBB without even a fight. he automatically had a guarantee to stay on the bulletin board but CHOSE to get delisted to the OTC lower status. WHY???
It is extremely obvious that the annual report will not be forthcoming. That the auditor doe not exist anymore. That this company is scrambling to pump and dump. So I here alone will rant and rave to get Khoo and his PR frontman Hollister to at least do the right thing and if they do all of you will owe me later as then and then only th stock goes to .01 and STAYS there until some of the dilution monies are expensed to the 'projects' Khoo claims to have .
WHEREAS FUNDS HUNTERS LLC of 580 FIFTH AVENUE, SUITE 211A, NEW YORK, NEW YORK 10036, USA is the owner of valuable Stamp Collection,
OK, check it out. That would be so simple to do, right?
No stamps nor anything connected to EMLL exists at this location. It does not exist. Stop making these statements m1999. Stick to what you do best and that is rah rah sis boom bah.
I love you kid, just stick with the spiritual angle.
billions of shares are being issued and dumped into the market lining Khoos pockets. Then you would have thought by now he would have used 1% of these sales( DONE ALREADY) and painted the tanks at the terminal.
Do the DD on how this company diluted
This is a fraud and you know it/ So shame on you showing graphs and studies required by the securities authorities by Newmon Mining and others. These studies detail what THEY are doing and WHERE they are at. EMLL has proven no location, just claims of mapping 25 acres and another 175 acres to come of an area WITHIN the Golden Triangle. This is zero value to the company and just a massive attempt to pump and eventualy dump millions of dollars of free trading paper by management based on a fabricated wrap around agreement only revealed last month.
Every thing this company has done so far proves this is a scam and altjough I am long the stock because I value the ability of these con men to promote this to .01 I am not fooled by this incredibly obvious scam.
To show charts of an area in Ghana, you might as well say that they are 20 miles away from Newmont Mining so they must find gold.
Do we have to send people there to photograph this too? Some post in here stated that they were in contact with the local Ghana mining authorities and they never heard of EMLL or Khoo and that hundreds of penny stock companies were investigating this golden triangle.
Where do you see in the 10Q that the stamp collection is valued at millions of dollars.?
The company decided that at .25 the OS was 92 million multiplied by .25 or about 23 million dollars. They had little to show in the 'other' assets. So when they decided that the sub penny market was what all volume plays are up to they went that way. Then creating the float they needed through a debt to equity structure and giving Khoo the 2 billion shares to round off control they went for it. The stock went south from .01 as they had no way to promote the stock just on the terminal and stamps. So they found gold and the niche.
No. The target was .03 cents from .01 cents. That was the price on August 13. This was 3 days after the start of gtrading after the stock went from .25 to .01 in one tic.
Then the stock actually went to .02 but then immediately collapsed to .001 and then .0002 bid. It ws last week it started from .0002 bid to .0007.
Why not call Ludlow capital and ask them if they are still following this.
patchman, even I have to refer you elsewhere. This room is for the faithful not seekers of truth. We need blind enthusiasm so that technical trends are lorded over anything fundamental. I have to advise that reading trre posts may be accurate but are depressing. I will quote, though, that poster.
" Who cares if this is a scam as long as they know how to promote".
We are in this room to make money and cheerlead. Please, if you know something factual state it otherewise I too know this is a joke but the PR has finally created a buzz that has others listening, and buying. That is the key.
Ludlow thoght the stock was hot at .01 per share and then it went to .0002. Their research was on August 13. Find better news letters that are more recent please.
The purpose of this Amendment No. 3 to the 10-Q is to correct the shell status of the Company. The Company is not a shell company as defined in Rule 12b-2 of the Exchange Act.
I like the fact that when no news is available we can put out the Q again saying we are really legit.
I hope that gets the stock to .001 at close.
3.2 billion shares OS as of last month. When the 10Q was released last the company stated that another 800 million shares entered the market on top of the 92 million in the float. Then 2 billion shares RESTRICTED were issued to management. So the OS was 2.892 billion.
Since that time and up to this past Monday morning at least another 300 million shares were diluted into the market( one of the reasons the stock was at 2-3 for a while. Dilution leveled off then. Even if some dilution continues on occasion and the OS goes to 3.5Bwith the float at 1.5B the market cap is so small( now at just about 1.5 million dollars) that any news would move the stock up. We are expecting several news items on the Ghana situation and .01 is reasonable by year end. I reentered this stock at .0004 on Tuesday and Wednesday.
Unlike the T poster I keep opinions to myself. Only DD information is disseminated. As there are several newbies and potential newbies in the room now I will corroborate and cooperate with the promotion. Expect dilution at all levels and over time the bid to strengthen in a stair climbing pattern. No way this goes in any one day to finish on a dramatic move upward at the bid close level.
We need to weed out previous longs for that to happen. At over 1.2 billion shares in float with more than half accumulated at .0005 this will take time.
In the meantime we all need to communicate to Hollister the need for at minimum a weekly news release. This will sustain a move upward. Simple updates on mapping, surveys, etc. are good enough. No need for drama or exaggeration. If Hollister persuades management then we will see .01 at year end. ( 20 bagger)
Mulder 35, have you not figured it out yet?