Ok I will bite and be the first to post anything on EMLL in months.
I am very intrigued by this stock based on the share structure and the fact that it is showing a consistent drip of small trades for a dead ticker.
It has been four years since EMLL has seen any type of spark, back it 2014 Khoo must have had a merger plan in order as he went through the pains and capital to make EMLL current. It sored above .001 just on excitement.
He stated he would begin a buy back program and low and behold there seems to have been one as the float was reduced by a nominal 200 milly
….and then nothing It’s too bad for everyone that what ever the inspiration deal was died as it sounds like Khoo can really make a stock head north to Santa when he is on it.
Last filings indicated there is 9.936 bil shares outstanding but, what I find intriguing is Khoo owns 53% or 5.2 bill shares of common stock. (not preferred or restricted, but common). Leaving the float at a very reasonable 3.8 billion To put it in perspective every time this stock moves even one tick he makes $520,000 and yet he lets it sit dormant.
I have read all the nay saying posts that claim he is sitting in a Malaysian jail, a thief that stole all of EMLL capital to start a bus company. Bus company may exist but, nothing to prove he is actually a criminal. Or that he is not allowed back into the country. It makes sense he is in Malaysia as his family background is Malaysian. I do not believe he is sitting in Jail.
Below is the last address of business I could find
Room 8.02, 8th Floor, Wisma Cosway, Jalan, Raja Chulan, 50200, Kuala Lumpur, Malaysia, His business ventures never seem to be home based.
My question is with all of the pot companies out there trying to find a stock the merger into why has this one not been scooped up? Wouldn’t someone like Khoo be all over the big MJ trend?
Does anyone one have a way of confirming anything on Khoo? Current contact info. Looks like it MIGHT be coming back to life.
