Everything I say is in my opinion, do your own DD and make your decision wisely! Don't spend more then you can afford to lose, OTC's are Cruel at Best
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I imagine this will change when the market opens!
MMID Ask Price Shares Date/Time Real-Time Level 2 Montage
HDSN 0.0008 5,000 Sept 17, 2010
cNITE 0.0006 5,000 Sept 17, 2010
cVERT 0.0007 5,000 Sept 17, 2010
cSEAB 0.0009 5,000 Sept 10, 2010
cLAFC 0.0009 5,000 Sept 17, 2010
cDOMS 0.001 5,000 Sept 16, 2010
cVNDM 0.0018 5,000 Sept 17, 2010
cSSGI 0.02 5,000 Sept 3, 2010
cBMIC 0.03 5,000 Aug 10, 2010
cFANCF 0.05 5,000 Aug 10, 2010
cETMM 100.05 100 Sept 17, 2010
cVFINF Unpriced Aug 20, 2010
Real-Time Level 2 Montage MMID Bid Price Shares Date/Time
HDSN 0.0004 5,000 Sept 17, 2010
cNITE 0.0005 5,000 Sept 17, 2010
cDOMS 0.0004 5,000 Sept 17, 2010
cLAFC 0.0003 5,000 Sept 13, 2010
cFANCF 0.0003 5,000 Sept 13, 2010
cVERT 0.0003 5,000 Sept 13, 2010
cVNDM 0.0003 5,000 Sept 17, 2010
cBMIC 0.0001 5,000 Aug 26, 2010
cSEAB 0.0001 5,000 Sept 10, 2010
cVFINF 0.0001 5,000 Sept 14, 2010
cSSGI 0.0001 5,000 Sept 16, 2010
cETMM 0.0001 5,000 Sept 17, 2010
Gold_Dust you could not have said it any better, more positives then negitives that's for sure...........one absolutely awesome job!
I really believe in EMLL, and with your feedback it only has increased my beliefs to a point where I may increase my share count.....which I am proud to say I own 4 million at an average of .00065........Let's make some cash EL Maniel and put the nay sayers to rest!
We all make our own choices............Go Green Emll!
TO KNOW KHOO IS TO LOVE KHOO!
Khoo Hsiang Hua has been the Chief Executive Officer at El Maniel International, Inc. since March 2010. Mr. Hua has held managerial and directorship positions within diverse industries for companies in Malaysia and Hong Kong in the fields ofcorporate finance, restructuring, mergers and acquisitions, internal audit, insolvency practice, and other corporate advisory positions. He has been a Director at El Maniel International, Inc. since March 2010. Mr. Hua has an MBA ... in Finance from Charles Sturt University (Australia).
Form 10-Q for EL MANIEL INTERNATIONAL INC
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16-Sep-2010
Quarterly Report
Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations
SPECIAL NOTE CONCERNING
FORWARD-LOOKING STATEMENTS
We believe that it is important to communicate our future expectations to our security holders and to the public. This report, therefore, contains statements about future events and expectations which are "forward-looking statements" within the meaning of Sections 27A of the Securities Act of 1933 and 21E of the Securities Exchange Act of 1934, including the statements about our plans, objectives, expectations and prospects under the heading "Management's Discussion and Analysis of Financial Condition and Results of Operations." You can expect to identify these statements by forward-looking words such as "may," "might," "could," "would," "will," "anticipate," "believe," "plan," "estimate," "project," "expect," "intend," "seek" and other similar expressions. Any statement contained in this report that is not a statement of historical fact may be deemed to be a forward-looking statement. Although we believe that the plans, objectives, expectations and prospects reflected in or suggested by our forward-looking statements are reasonable, those statements involve risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by these forward-looking statements, and we can give no assurance that our plans, objectives, expectations and prospects will be achieved.
Important factors that might cause our actual results to differ materially from the results contemplated by the forward-looking statements are contained in the "Risk Factors" section of and elsewhere in our Annual Report on Form 10-K for the fiscal year ended September 30, 2009 and in our subsequent filings with the Securities and Exchange Commission.
Plan of Operation
The Company is a Nevada corporation and was formed on July 24, 2007. On September 24, 2007, El Maniel Cigar Company, a Nevada corporation, was formed as a subsidiary of the Company. The Company's plan was to manufacture and distribute cigars under the PLC brand name.
On March 10, 2010, pursuant to the terms of a Stock Purchase Agreement, Co-Max International purchased a total of 65,000,000 shares of the Company's common stock from a stockholder of the Company. As a result of the Share Purchase Agreement, the Company experienced a Change in Control under which 73.34% of the shares of the company were held by Co-Max International, the new majority shareholder.
In accordance with the change in control, Barbara Tejeda resigned as the Company's President, CEO, any other officer positions held by her, and Chairman of the Board of Directors on March 10, 2010 and Rafael Tejeda resigned as Secretary of the Company. On the same date, Khoo Hsiang Hua and Lee Tuck Hing were appointed as Directors of the Company and David E. Price as Secretary. Also on March 10, 2010, the Company repurchased and canceled 5,000,000 shares of its common stock from Barbara Tejeda for 100% of the shares of El Maniel Cigar Company.
Management is assessing a corporate strategy of diversification into different industries that could benefit the overall financial position and profitability of the Company and increase shareholder value. This strategy of the Company includes strategic acquisitions in the energy, banking, mining, and retail industries.
Because we are still developing our current strategic plan, the Company's operating expenses will largely consist of professional fees. For the fiscal year 2010, we speculate that there may be no revenue generated and therefore the Company will operate at a loss. If the Company is successful in potential partnering with a business, funding will be necessary to fulfill any contractual obligations we may enter into.
At June 30, 2010, we have $100 of cash on hand. As such, we currently do not have sufficient financial resources to meet the anticipated costs of pursuing our new business focus, or the anticipated administrative costs of operating our business for the next twelve months. Our forecast for the period for which our financial resources will be adequate to support our operations involves risks and uncertainties and actual results could fail as a result of a number of factors. We intend to pursue capital through public or private financing and other sources, such as our officers, directors and principal shareholders. We cannot guarantee that additional funding will be available on favorable terms, if at all. If adequate funds are not available, we hope that our officers, directors and principal shareholders will contribute funds to pay for our expenses to achieve our objectives over the next twelve months. However, we cannot guarantee that our officers, directors and principal shareholders will continue to contribute funds to pay for our expenses.
While we are still developing our overall strategic plan, we began implementing specific strategies in the quarter ended June 30, 2010. On May 19, 2010, the Company formed EMLL Dynamic Ltd., a Maryland corporation. The Company owns 70% of EMLL Dynamic Ltd. On June 1, 2010, the Company formed EMLL Energy Ltd., a Maryland corporation. The Company owns 100% of EMLL Energy Ltd.
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On April 30, 2010, the Company entered into an agreement to acquire a stamp collection to be held for resale (using its 70% owned subsidiary, EMLL Dynamic Ltd.) from Funds Hunters LLC, a New York LLC. Under the agreement, the Company issued 1,000,000 shares of its restricted common stock in exchange for the stamp assets. Funds Hunters LLC is the minority shareholder of EMLL Dynamic Ltd.
On May 26, 2010, the Company entered into a sales and purchase agreement to acquire certain land, buildings, tanks, and equipment of an Oil Terminal facility in eastern Pennsylvania from JFK Petroleum, Inc. Under the terms of the agreement, the Company paid $50,000 in cash and will issue 1,000,000 shares of its restricted common stock in exchange for the assets. Additionally, the Company has committed to buy back the 1,000,000 shares for $1.00 per share, at the seller's option, one year after issue date.
Limited Operating History
Efforts of our management and directors to establish or acquire new ventures continues. We were formed in July 2007 and we have limited operations upon which an evaluation of our company and our prospects can be based. There can be no assurance that our management will be successful in concluding a successful plan or that we will generate sufficient revenues to meet its expenses or to achieve or maintain profitability.
Results of Operations
For the nine months ending June 30, 2010, we had $0 in revenue and $0 of cost of goods sold for a gross profit of $0. Operating expenses for the period totaled $80,644, resulting in a loss of $40,777. Expenses of $80,644 for the period consisted of $30,903 for general and administrative expenses and $49,741 for professional fees.
For the nine months ended June 30, 2009, we had $5,855 in revenue and $3,794 of cost of goods sold for a gross profit of $2,061. Operating expenses for the period totaled $39,393 resulting in a loss of $37,332. Expenses of $39,393 for the period consisted of $9,552 for general and administrative expenses, $2,145 for advertising and $27,696 for professional fees.
The increase in professional fees of $22,045 in 2010 compared to 2009 is primarily due to asset acquisitions during the quarter. The increase in general and administrative expenses of $21,351 in 2010 compared to 2009 is primarily due to the increased activity of the Company in pursuing acquisitions.
For the period from inception through June 30, 2010, we had $20,060 in revenue and $47,041 of cost of goods sold for a gross loss of $26,981. Operating expenses for the period totaled $305,644 resulting in a loss from operations of $332,625. Expenses of $305,644 for the period consisted of $70,251 for general and administrative expenses, $9,212 for advertising and $226,181 for professional fees.
Capital Resources and Liquidity
As of June 30, 2010 we had a cash balance of $100. We have historically met our cash needs through proceeds from private placements of our securities and loans. Our cash requirements are generally for general and administrative activities and professional fees. We believe that our cash balance is not sufficient to finance our cash requirements for expected operational activities through the next 6 months. We have a loan due a related party of $53,500.
We believe that we will need additional funding to satisfy our cash requirements for the next twelve months. Completion of our estimate of operations is subject to attaining adequate revenue or financing. We cannot assure investors that we will generate the revenues needed or that additional financing will be available. In the absence of attaining adequate revenue or additional financing, we may be unable to proceed with our estimates of operations for the next twelve months.
We anticipate that our operational, and general and administrative expenses for the next 12 months will total approximately $90,000, which we anticipate primarily as legal, accounting & auditing fees. We do not anticipate the purchase or sale of any significant equipment. We also do not expect any significant additions to the number of employees. The foregoing represents our best estimate of our cash needs based on current planning and business conditions. The exact allocation, purposes and timing of any monies raised in subsequent private financings may vary significantly depending upon the exact amount of funds raised and our progress with the execution of our business plan. We anticipate that depending on market conditions and our operations, we may incur operating losses in the foreseeable future. Therefore, our auditors have raised substantial doubt about our ability to continue as a going concern.
--------------------------------------------------------------------------------
Critical Accounting Policies
The Company's financial statements and related public financial information are based on the application of accounting principles generally accepted in the United States ("GAAP"). GAAP requires the use of estimates; assumptions, judgments and subjective interpretations of accounting principles that have an impact on the assets, liabilities, revenue and expense amounts reported. These estimates can also affect supplemental information contained in our external disclosures including information regarding contingencies, risk and financial condition.
We believe our use if estimates and underlying accounting assumptions adhere to GAAP and are consistently and conservatively applied. We base our estimates on historical experience and on various other assumptions that we believe to be reasonable under the circumstances. Actual results may differ materially from these estimates under different assumptions or conditions. We continue to monitor significant estimates made during the preparation of our financial statements.
Our significant accounting policies are summarized in Note 1 of our financial statements. While all of these significant accounting policies impact the Company's financial condition and results of operations, we view certain of these policies as critical. Policies determined to be critical are those policies that have the most significant impact on the Company and require management to use a greater degree of judgment and estimates. Actual results may differ from those estimates. Our management believes that given current facts and circumstances, it is unlikely that applying any other reasonable judgments or estimate methodologies would cause effect on our financial position or liquidity, results of operations or cash flows for the periods presented.
Off Balance Sheet Transactions
We have no off-balance sheet arrangements.
Additional Information
We file reports and other materials with the Securities and Exchange Commission. These documents may be inspected and copied at the Commission's Public Reference Room at 450 Fifth Street, N.W., Washington, D.C., 20549. You can obtain information on the operation of the Public Reference Room by calling the Commission at 1-800-SEC-0330. You can also get copies of documents that the Company files with the Commission through the Commission's Internet site at www.sec.gov.
I have been a part of EMLL for the longest time....watch the previous owners kill it and now I am following the new owners who have no intentions on gaining a tick and losing a tick.....I am sure the WEBSITE WILL provide a more clear picture as to the direction of the company.......They have stated "that gaining some large investors is key.....yes that is a risk......but to be involved with GOLD at the current prices....all it takes is 1 PR stating this and we are off and running......that's not including the OIL TERMINAL which they are cleaning up and painting the EL MANIEL LOGO on(ready by FALLs end).........I am not badshing you I am just having fun! GOOD LUCK!
by "Gold_Dust":
EMLL MACD ABOUT TO CROSS OVER
THEN KABOOM!
SMART MONEY IS BUYING NOW!
COLLECTABLES ASSETS, OIL & GOLD, this is the EMLL story right now, not whether or not the current float is 700 million or 800 million shares. The EMLL shell was acquired from a cigar company by a stock purchase of 73% and paid around $325 thousand for the shell, under new ownership-NOT A CIGAR COMPANY ANYMORE!
The charts say anything that needs to be said about EMLL. It is ready to cross on the MACD. Add the facts that the 14 day RSI is under 12 (way oversold) and the chart shows it to be primed for a huge run any day now. EMLL is still giving away it's shares for triple zero prices and will be going back to OTCBB status by Tuesday, August 31st or next day, when the deadline for the late Q filing is met. Confirmed by members Emails that the filing was held up by auditors.
EMLL has a collectables and Stamps stake worth 4.5 million growing in value at 10-12 percent per year.
EMLL acquired an Oil Terminal with 25 acres, equiptment and a pipeline with a SUNCO connection. The terminal has extensive SUNOCO pipeline connections on site that are currently open for the delivery of fuel and is part of the SUNOCO eastern pipeline. There is no debt against the facility. There are no outstanding liens or mortgages. The taxes are paid and current with Luzerne County. The terminal is located in Beach Haven, Pennsylvania.
The acquisition include five acres of land, buildings and equipment valued at over 2 million dollars. The facility in question has a potential capacity of 24 million gallons of petroleum products per year. EMLL plan on wholesaling fuel, diesel, heating oil and kerosene at the facility. Luzerne County has a population of over 300,000 people. They are fulfilling a need to have a wholesale distribution outlet of petroleum products strategically located in this area.
EMLL has acquired a stake in alluvial GOLD MINING
NEW YORK, Aug 17, 2010 (GlobeNewswire via COMTEX) -- El Maniel International Inc (OTCBB:EMLL) announces today that its board has unanimously agreed to move forward on initiatives to conduct Alluvial Gold mining in Ghana, West Africa.
El Maniel's plan covers more than 200 acres of Gold mining concessions in Ghana with initial action to take place on a parcel of 25 acres, an alluvial gold mining plot located in Asikam, Kibi, at the East Akim District of the Eastern Region of Ghana.
"The 25 acres we plan to begin with is expected to have a gross estimated alluvial gold reserve deposit value of a minimum of 260,000 oz. This is subject to final geological survey, but even as an estimate, we are confident the project will be highly profitable as the current U.S. Gold price is USD1,221 with upward expectations, while the cost to produce Gold per ounce in Ghana is roughly USD400-500, allowing for tremendous margins for El Maniel."
El Maniel will execute this initiative efficiently as a joint venture with a local partner with extensive experience in alluvial gold mining technology. "This gives us the resources and equipment necessary to expedite this for collective benefit," states EMLL CEO Jamie Khoo.
NEW YORK, Aug 23, 2010 (GlobeNewswire via COMTEX) -- El Maniel International Inc. (OTCBB:EMLL) announces today that the company, through its subsidiary EMLL Energy Limited, has entered into preliminary discussions with a Chicago based Biofuels Distributor and Oil Terminal Operator with proven success in delivering cleaner oil and fuel sources using a percentage of food, plant & fat based bioenergy.
The company's restructuring includes an authorized share count of 5,000,000,000 with a 2,292,110,000 outstanding. "It's important to note that 2,000,000,000 of these outstanding shares are held by company Directors and are restricted for a period of 1 year. We believe, again, this new structure will allow for flexibility in regards to our opportunities which should lend itself to overall market appeal for prospective partners and shareholders," states Jamie Khoo.
"We are confident that the expansion will result in a collective win for EMLL as we expedite these exciting, viable projects with frequent updates hereon," states Jamie Khoo. "The company has experienced tremendous growth in Q2 with the company's recent successes, which include its 70% stamp and collectibles company acquisition with assets currently valued at $4.5 million; as well as the acquisition of an oil terminal on a 5 acres of land surrounding, with a potential 24 million gallons of petroleum products per year."
"The company is also well underway on its website 'renovation' which should be up and running over the next fortnight," states Jamie Khoo. "This website is designed to better reflect our corporate image encompassing our project information with up-to-date progress and investor relations portal."
Website updated in about 2 weeks! Now is the time to buy!!!!
They are in the process of building a new and diversified company......the Q did not include July August and September........lots of shares sold......and Jamie Khoo is a smart cookie.......now lets wait for the Website before we jump to conclusions, one other note Jamie Khoo would offer this buyback if he didn't feel confident with what they are working towards.....GREAT PROFITS AND HAPPY INVESTORS!A GREEN EMLL is AROUND THE CORNER BABY!!
Hmm owning an oil terminal should produce an income for EMLL, they have wholesalers currently bidding to fill the tanks which EMLL plans on selling to 300,000 local customers, WINTER IS AROUND THE CORNER....THEY DON"T WANT TO MISS OUT!........Do your own DD and quit promoting negativity.....especially when there is none to be had, GREAT PROFITS AHEAD REAL SOON!IMO!
GO GREEN EMLL!
Working nights tonight.......lots of coffee tomorrow morning, perhaps a BREAK OUT! WOULDN'T WANT TO MISS IT!
GO GREEN BABY!
GOOD LUCK TO ALL OF US!
FOOD FOR THOUGHT!
A smart man makes a mistake, learns from it, and never makes that mistake again. But a wise man finds a smart man and learns from him how to avoid the mistake altogether.
The mistake>>>>not owning EMLL at these rediculously low prices!
The Wise Man>>>Do your own DD,compare to the charts, listen to others simply for input only and draw your own conclusion!
The Smart Man>>already figured out that the best conclusion is owning EMLL at these rediculously low prices!
REMEMBER>>>GOLD+$1300.00/ounce, OIL=$70.00/brl, Stamps=10%-12%interst/year.........and who knows what BIOENERGY does, not to mention the potential Finance Company!
WOW.........GREEN GREEN GREEN!
Patience Patience Patience and For the love of God SLAPA DA ASK!
GREENER DAYS ARE QUICKLY CLOSING IN ON EMLL AND IS SUPPORTERS!
That's a ? for GOLD_DUST!
HELL YAH!
BECAUSE THEY ARE NO LONGER CIGARS THEY BOUGHT A SHELL AND ARE GROWING RAPIDLY!.....NOW WE ARE OIL,BIOENERGY,STAMPS,FINANCING and GOLD GOLD GOLD!!!!!
EMLL WILL BE ABSOLUTELY HUGE, STOCK OF THE YEAR!
4 million and holding many take some profits at a .05 - .10 range but will play for long term retirement..........I am 39 and would love to GET RICH!
Everyone who believes this is possible give me a HELL YAH!
GO GREEN EMLL MAKE US ALL RICH!
Sorry for triple posting MY BAD!
El Maniel International, Inc. Enters Talks for Clean Energy With BioFuels Provider
EMLL Looks to Turn 'Black Gold' Green With Strategic Partnership for Potential Profits; Carbon Remediation Advertisement | ad info
updated 8/23/2010 4:49:57 PM ET Share Print Font: + - NEW YORK, Aug. 23, 2010 (GLOBE NEWSWIRE) -- El Maniel International Inc. (OTCBB:EMLL) announces today that the company, through its subsidiary EMLL Energy Limited, has entered into preliminary discussions with a Chicago based Biofuels Distributor and Oil Terminal Operator with proven success in delivering cleaner oil and fuel sources using a percentage of food, plant & fat based bioenergy.
The discussions are part of an overall renewable energy initiative set forth by EMLL to engage in clean fuel technology via a portion of their facilities in Eastern Pennsylvania. "Biofuels are extremely beneficial to the environment while at the same time, a very lucrative industry in line with global goals to engage in development and utilization of clean energy and technology solutions," states Jamie Khoo, CEO of EMLL. "We are currently working to identify the right partners to work with in implementing our facilities as part of a biodiesel partner's distribution network in servicing surrounding communities."
According to The Clean Energy Trends Report 2010, which includes growth projections for the major clean-energy sectors (solar PV, wind, and biofuels), as well as global clean-tech investment and jobs data, combined global revenue for the three major clean-energy sectors -- solar photovoltaic (PV), wind power, and biofuels -- grew by 11.4 percent over 2008, reaching $139.1 billion in 2009. These three sectors are expected to reach $325.9 billion by 2019.
As well, the global production and wholesale pricing of ethanol and biodiesel reached $44.9 billion in 2009 and is projected to grow to $112.5 billion by 2019. In 2009, the biofuels market consisted of more than 23.6 billion gallons of ethanol and biodiesel production worldwide. Lastly, the report finds that U.S.-based venture capital investments in energy technologies declined from $3.2 billion in 2008 to $2.2 billion in 2009. However, clean energy's percentage of total U.S. venture capital investments continued to rise, accounting for 12.5 percent of total activity in 2009. This represented the largest share in the history of the clean-energy asset class.
Aside from the positive financial outlook, USDA and DOE reports that soy-based biodiesel reduces net carbon dioxide by 78% and mitigates overall carbon monoxide, sulfur, unburned hydrocarbons and harmful particle matter. "The use of biodiesel is great for the American economy too: it reduces dependence on foreign oil and is tremendously cost-effective to produce," states Khoo.
EMLL and the Chicago-based provider had exchanged preliminary information and formalities sufficient to move forward with a site visit to the oil terminal facility in the coming days to assess its overall potential accordingly. "We will post updates via public release promptly in these next steps which we feel are more than promising," states Jamie Khoo. "We had also secured a new media provider to work on a new corporate website, with attempts to communicate the profile and progress of our projects in hand with substantial asset overviews, current pictures, investor relations portals, news updates and more. We are expediting this process towards collective benefit, particularly in terms of sharing overall progress and corporate accessibility and investors are advised to stay tuned for latest updates."
"SAFE HARBOR" STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: The statements contained in this release which are not historical facts are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. These risks and uncertainties include the Company's entry into new commercial businesses, the risk of obtaining financing, recruiting and retaining qualified personnel, and other risks described in the Company's Securities and Exchange Commission filings. The forward-looking statements in this press release speak only as of the date hereof, and the Company disclaims any obligation to provide updates, revisions or amendments to any forward-looking statement to reflect changes in the Company's expectations or future events.
El Maniel International, Inc. Seeks 'Stamp' of Approval for Project Development Credit Facilities
EMLL Looks to Monetize Stake in Stamp and Collectibles Company With Philatelic Investments
Press Release Source: El Maniel International, Inc. On Thursday August 26, 2010, 1:38 pm EDT
NEW YORK, Aug. 26, 2010 (GLOBE NEWSWIRE) -- El Maniel International Inc. (Pink Sheets:EMLL - News) announces today that it has begun the process to monetize its Stamps and Collectibles company ownership stake via possible sale of the asset or loan against it, "...The latter being the preferred method by EMLL Board as it allows us to utilize funds against the asset, without sacrificing long-term growth, as many collections, on average, can return between 10-12% per annum," states CEO of EMLL, Jamie Khoo.
EMLL is currently in discussion with a UK based Venture Capital Firm looking to provide an Equity Line of Credit Facilities on EMLL's philatelic investments. Initial communications have gone decidedly well and EMLL is underway to supply additional paperwork towards a mutually satisfactory deal to be sealed with a Letter of Intent by the VC as expected in the coming days.
"Many people may not think of investment in stamps (philatelic investments) as a 'liquid' asset," states Jamie Khoo. "However, stamp collections are more 'liquid' than arrow-heads, fire-arms, etc., and there is always a market for carefully selected copies. These assets hold their value more than most and they also show the best possibilities for increase in value. In most large cities around the world there are reputable firms that will lend money on collections."
El Maniel International Inc.'s default strategy started off on communications with a premier UK Philatelic Brokerage House who regularly assists in the buying and selling of collections to their pool of investment clients. EMLL believes that either of the two scenarios would be a viable option to capitalize on EMLL investments towards expediting an attractive development that would amplify the progress of its projects.
"The company is also well underway on its website 'renovation' which should be up and running over the next fortnight," states Jamie Khoo. "This website is designed to better reflect our corporate image encompassing our project information with up-to-date progress and investor relations portal."
"SAFE HARBOR" STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: The statements contained in this release which are not historical facts are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. These risks and uncertainties include the Company's entry into new commercial businesses, the risk of obtaining financing, recruiting and retaining qualified personnel, and other risks described in the Company's Securities and Exchange Commission filings. The forward-looking statements in this press release speak only as of the date hereof, and the Company disclaims any obligation to provide updates, revisions or amendments to any forward-looking statement to reflect changes in the Company's expectations or future events.
Press Release drafted by NMR, LLC
Contact:
El Maniel International Inc.Investor Relations Contact:Gerrard Hollister, Investor Relations(310) 909-7988EMLL@GerrardHollister.com
El Maniel International, Inc. Seeks 'Stamp' of Approval for Project Development Credit Facilities
EMLL Looks to Monetize Stake in Stamp and Collectibles Company With Philatelic Investments
Press Release Source: El Maniel International, Inc. On Thursday August 26, 2010, 1:38 pm EDT
NEW YORK, Aug. 26, 2010 (GLOBE NEWSWIRE) -- El Maniel International Inc. (Pink Sheets:EMLL - News) announces today that it has begun the process to monetize its Stamps and Collectibles company ownership stake via possible sale of the asset or loan against it, "...The latter being the preferred method by EMLL Board as it allows us to utilize funds against the asset, without sacrificing long-term growth, as many collections, on average, can return between 10-12% per annum," states CEO of EMLL, Jamie Khoo.
EMLL is currently in discussion with a UK based Venture Capital Firm looking to provide an Equity Line of Credit Facilities on EMLL's philatelic investments. Initial communications have gone decidedly well and EMLL is underway to supply additional paperwork towards a mutually satisfactory deal to be sealed with a Letter of Intent by the VC as expected in the coming days.
"Many people may not think of investment in stamps (philatelic investments) as a 'liquid' asset," states Jamie Khoo. "However, stamp collections are more 'liquid' than arrow-heads, fire-arms, etc., and there is always a market for carefully selected copies. These assets hold their value more than most and they also show the best possibilities for increase in value. In most large cities around the world there are reputable firms that will lend money on collections."
El Maniel International Inc.'s default strategy started off on communications with a premier UK Philatelic Brokerage House who regularly assists in the buying and selling of collections to their pool of investment clients. EMLL believes that either of the two scenarios would be a viable option to capitalize on EMLL investments towards expediting an attractive development that would amplify the progress of its projects.
"The company is also well underway on its website 'renovation' which should be up and running over the next fortnight," states Jamie Khoo. "This website is designed to better reflect our corporate image encompassing our project information with up-to-date progress and investor relations portal."
"SAFE HARBOR" STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: The statements contained in this release which are not historical facts are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. These risks and uncertainties include the Company's entry into new commercial businesses, the risk of obtaining financing, recruiting and retaining qualified personnel, and other risks described in the Company's Securities and Exchange Commission filings. The forward-looking statements in this press release speak only as of the date hereof, and the Company disclaims any obligation to provide updates, revisions or amendments to any forward-looking statement to reflect changes in the Company's expectations or future events.
Press Release drafted by NMR, LLC
Contact:
El Maniel International Inc.Investor Relations Contact:Gerrard Hollister, Investor Relations(310) 909-7988EMLL@GerrardHollister.com
El Maniel International, Inc. Seeks 'Stamp' of Approval for Project Development Credit Facilities
EMLL Looks to Monetize Stake in Stamp and Collectibles Company With Philatelic Investments
Press Release Source: El Maniel International, Inc. On Thursday August 26, 2010, 1:38 pm EDT
NEW YORK, Aug. 26, 2010 (GLOBE NEWSWIRE) -- El Maniel International Inc. (Pink Sheets:EMLL - News) announces today that it has begun the process to monetize its Stamps and Collectibles company ownership stake via possible sale of the asset or loan against it, "...The latter being the preferred method by EMLL Board as it allows us to utilize funds against the asset, without sacrificing long-term growth, as many collections, on average, can return between 10-12% per annum," states CEO of EMLL, Jamie Khoo.
EMLL is currently in discussion with a UK based Venture Capital Firm looking to provide an Equity Line of Credit Facilities on EMLL's philatelic investments. Initial communications have gone decidedly well and EMLL is underway to supply additional paperwork towards a mutually satisfactory deal to be sealed with a Letter of Intent by the VC as expected in the coming days.
"Many people may not think of investment in stamps (philatelic investments) as a 'liquid' asset," states Jamie Khoo. "However, stamp collections are more 'liquid' than arrow-heads, fire-arms, etc., and there is always a market for carefully selected copies. These assets hold their value more than most and they also show the best possibilities for increase in value. In most large cities around the world there are reputable firms that will lend money on collections."
El Maniel International Inc.'s default strategy started off on communications with a premier UK Philatelic Brokerage House who regularly assists in the buying and selling of collections to their pool of investment clients. EMLL believes that either of the two scenarios would be a viable option to capitalize on EMLL investments towards expediting an attractive development that would amplify the progress of its projects.
"The company is also well underway on its website 'renovation' which should be up and running over the next fortnight," states Jamie Khoo. "This website is designed to better reflect our corporate image encompassing our project information with up-to-date progress and investor relations portal."
"SAFE HARBOR" STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: The statements contained in this release which are not historical facts are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. These risks and uncertainties include the Company's entry into new commercial businesses, the risk of obtaining financing, recruiting and retaining qualified personnel, and other risks described in the Company's Securities and Exchange Commission filings. The forward-looking statements in this press release speak only as of the date hereof, and the Company disclaims any obligation to provide updates, revisions or amendments to any forward-looking statement to reflect changes in the Company's expectations or future events.
Press Release drafted by NMR, LLC
Contact:
El Maniel International Inc.Investor Relations Contact:Gerrard Hollister, Investor Relations(310) 909-7988EMLL@GerrardHollister.com
INFORMATION ON THE OIL INVESTMENT.....
EMLL acquires terminal
in eastern Pensylvania
Jul 21, 2010 11:13 AM
El Maniel International Inc announced the acquisition of an oil terminal in eastern Pennsylvania. The acquisition will include five acres of land, buildings, and equipment valued at more than $2 million. The facility in question has a potential capacity of 24 million gallons of petroleum products per year. The firm plans on wholesaling fuel, diesel, heating oil, and kerosene at the facility. Luzerne County has a population of more than 300,000 people.
Pennsylvania is one of the foremost states that promotes alternative energy. Incentives offered by Pennsylvania for the production of alternative fuels are being considered by EMLL management.
EMLL is planning on biodiesel production as part of its business model. EMLL is also investigating the possible future use of the facility in relation to the growing interest in Marcellus Shale natural gas exploration.
“Our long term future business plans include implementation of biodiesel production. Biodiesel as a home heating fuel is an overlooked market,” said Jamie Khoo of El Maniel Energy Ltd.
For those not familiar with the GOLD prospect for EMLL....READ THIS!!!!!!!!!!! WE CAN MAKE SOME SWEET CASH!
Press Release Source: El Maniel International, Inc. On Tuesday August 17, 2010, 9:28 am EDT
NEW YORK, Aug. 17, 2010 (GLOBE NEWSWIRE) -- El Maniel International Inc (OTCBB:EMLL - News) announces today that its board has unanimously agreed to move forward on initiatives to conduct Alluvial Gold mining in Ghana, West Africa.
Alluvial mining is a process used where a river runs or has previously run through ground which is rich in gold. The effect of the erosive power of the water in the river is such that the surrounding rock being light (of low density) is carried downstream whilst the gold, being very heavy, resists being moved. Once in a state where gold has already been concentrated by natural alluvial processes, a further step is used which traps the small gold particles, allowing remaining sand, etc. to pass through. The final gold concentrate is cleaned further by amalgamation and distillation.
El Maniel's plan covers more than 200 acres of Gold mining concessions in Ghana with initial action to take place on a parcel of 25 acres, an alluvial gold mining plot located in Asikam, Kibi, at the East Akim District of the Eastern Region of Ghana. Gold accounts for about 40% of total exports in Ghana, ranking it as one of the largest areas of Gold deposits in Africa, second only to South Africa. Ghana is currently the 10th largest Gold producing country in the world.
El Maniel will execute this initiative efficiently as a joint venture with a local partner with extensive experience in alluvial gold mining technology. "This gives us the resources and equipment necessary to expedite this for collective benefit," states EMLL CEO Jamie Khoo.
"It's important to note that Gold accounts for 40% of the total exports in Ghana. It is well known for its abundance in minerals with the discovery of Gold dating back 500 years," adds Khoo. "The 25 acres we plan to begin with is expected to have a gross estimated alluvial gold reserve deposit value of a minimum of 260,000 oz. This is subject to final geological survey, but even as an estimate, we are confident the project will be highly profitable as the current U.S. Gold price is USD1,300 with upward expectations, while the cost to produce Gold per ounce in Ghana is roughly USD400-500, allowing for tremendous margins for El Maniel."
A report Monday showed that Gold prices rose to a six-week high on signs the global economy is faltering, boosting demand for the metal as a protector of wealth. In the last year, China has increased its gold holdings, by weight, by 75.69%, Russia by 18.78%, the Philippines by 18.50% and Mexico by 108.91%.
The company feels its strengths moving forward in regards to overall growth and position will be to place its focus in the oil/petroleum distribution and alluvial Gold mining projects while continuing to build its alternative asset portfolio as with the recent Stamps & Collectibles asset valued in excess of USD4 million and will be updating website, OTC Markets and other financial press distribution outlets to reflect this focus.
"SAFE HARBOR" STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: The statements contained in this release which are not historical facts are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. These risks and uncertainties include the Company's entry into new commercial businesses, the risk of obtaining financing, recruiting and retaining qualified personnel, and other risks described in the Company's Securities and Exchange Commission filings. The forward-looking statements in this press release speak only as of the date hereof, and the Company disclaims any obligation to provide updates, revisions or amendments to any forward-looking statement to reflect changes in the Company's expectations or future events.
Contact:
Gerrard Hollister Investor Relations Contact:+1 (310) 909-7988IR@GerrardHollister.com
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El Maniel International, Inc.
The purpose of this Amendment No. 2 to the 10-Q is to correct the address and phone number of the principal executive office of the registrant and to include the disclosure of the resignation of the registrant’s secretary in Item 5 of PART II
2@5 1@6 3@7
f**king bullsH*t.........my patience is wearing thin!
IM SHOWING 1@6....AUTO
I will wait it out.....gold at just under $1300./ounce.....and oil at $70/barrel..........hmm sounds pretty RICH! MY 4 MILLION ARE STAYING PUT!
we need the website.......
I put a sell on my 3.9 mil @ 0.30.......not getting my shares without a fight MM!
Mr. Hollister if you are watching join in and explain where the WEBSITE IS!!!!!!
same here tried at 7 took 5 minutes
50000 at 5 wowwwwwwwwww......25.00 rich idiot
Eh Gold_Dust I hung in here based on your beliefs and thoughts........May Pay off, I thank You! YOU OFFERED THIS FORUM A SH*T LOAD OF INFO MY FRIEND!
THANKS!
Level 2 shows 2@.0005 and 1@.0006, 1@.0007 3@.0008, 1@.001 and 1@.02.........will it change at opening bell!
I'm holding 3.5 million and very happy!
JIMBO if the Website is released tomorrow what potential do you believe we could be facing...........ABSOLUTE EARTH SHAKING PROFITS!!!
Well put Pinaise..........they are trying .....they need investor funds to expand and grow, what a better way then to allow us to fully understand what they are and where they stand!
Well Stervc let's hope at least PENNYLAND arrives soon and then the release of the NEW REVAMPED EL MANIEL WEBSITE!!!!!! WOOHOO!!
The 10Q imho is exactly what a shell company should look like, they are forgoing Cigars for OIL,MINING,FINANCIAL,STAMPS and who nknows what else......THEY ARE TRYING TO GROW>>>>>meaning that they have NO FUNDS UNTIL LARGER INVESTORS REALIZE WHAT EMLL is ACTUALLY ABOUT...............THIS IS GREAT NEWS, WILL CONTINUE TO GROW WITH WEBSITE AND OTHER PRS........FUTURE INVESTORS NEED TO ACT NOW BEFORE IT EXPLODES!!!!
Just got home from work......Has EMLL HAD AS GOOD A DAY AS I DID!