Element Global Inc (ELGL)

[momentumtrader]

I just spoke with Rich.
He will get back to me when he gets more info on Rainbow foods.
I plan on visiting the New Jersey office as soon as he gets me a physical address.


The stock looks like its poised to explode to the upside based on technicals. Good volume today.

If anyone on this board has decent knowledge on this company
feel free to private e-mail me your phone number and I will call you back. Its always good to compare notes.

I like this about the press release after hours.
Under the terms of the Agreement, Rainbow Foods agrees to oversee all procurement of products, assembly, warehousing, packing, storage and distribution of the Emergency Food Kits for the Department of Defense and for FEMA, named in the BOA ordering agreement, for Rastelli Global and contracted exclusively to Worldwide Food Services, Inc.

I am glad we are working with Rastelli, it legitamizes the company. I feel the emergency food kits is going to be a phenomenol business going forward. With so many countries currencies collapsing you can almost be certain of an economic collapse or at the very least a false flag operation. We also have 2012 coming up which is forcasted as great tumoil worldwide. I am glad that countries go to the trouble of having emergency food kits. I have not even mentioned natural disasters frow wars or nature.

I am sorry to seem gloomy but lets face it we are selling emergency food kits!