Tuesday, February 16, 2021 4:39:25 PM
Yes, I spent a great deal of time looking into EMLL back in 2018 -here is what I can tell you for sure.
The share structure is very good:
There are 9.936 billion shares outstanding but, only 3.8 billion in the float. The CEO is guy named Jamie Khoo, he owns the majority of the common shares. 5.2 bill or 52%. Even at this lousy price of .0004 is he at $2,080,000. 2014 He bought back 200 hundred million to make his stock more attractive for a reverse merger. Last known he is in home country of Malaysia and considering the anemic number of shares traded he hasn’t sold out.
It is too bad unsavory “Florida man” tried to create his own market run by posting a fake webpage, it certainly wrecked EMLL mojo. I believe there is criminal investigations underway
I personally do not think his BS webpage and promotion is the real catalyst behind EMLL coming to life, the share structure of this one is too good. My GUESS and big on the word GUESS, the real news may turn out to be a custodial play. Companies search for dormant stocks with desirable share structure all the time. I know there a section on the StockT**ts board for reverse mergers and custodial plays. I don’t have and account but, it might be worth inquiring if EMLL is on one of the Reverse merger company’s radar. Who knows???
SEC is not going to come after EMLL because it already did, we are trading on the gray market. Completely safe from that now. If you are curious what will happen with SCIE this is it, it will just trade differently but still trade without a bid or ask. Good news about gray is the little guy sets the price and creates the market. All stocks can regain compliance and return to pink.
CRGP is an example of return to pink and custodial play. (I own it, not trying to plug my stock just an example I can give.)
Hope I helped!
North Bay Resources Commences Operations at Bishop Gold Mill, Inyo County, California; Engages Sabean Group Management Consulting • NBRI • Sep 25, 2024 9:15 AM
CEO David B. Dorwart Anticipates a Bright Future at Good Gaming Inc. Through His Most Recent Shareholder Update • GMER • Sep 25, 2024 8:30 AM
Cannabix Technologies and Omega Laboratories Inc. Advance Marijuana Breathalyzer Technology - Dr. Bruce Goldberger to Present at Society of Forensic Toxicologists Conference • BLOZF • Sep 24, 2024 8:50 AM
Integrated Ventures, Inc Announces Strategic Partnership For GLP-1 (Semaglutide) Procurement Through MedWell USA, LLC. • INTV • Sep 24, 2024 8:45 AM
Avant Technologies Accelerates Creation of AI-Powered Platform to Revolutionize Patient Care • AVAI • Sep 24, 2024 8:00 AM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM