El Maniel International Inc (EMLL)

[Bansky]

Balamidas, maybe you can answer my previous inquiry.
The OS was 96 then a 2.3 bil dilution with 2 bil to insiders( restricted). How can the other 200 mil be free trading? No way. That 200 mil is for an acquisition and remains restricted. If it is a 'consultant' then still there has to be 90 days or so and a filing. So you have a 96 mil OS and the only reason 96 and not the original 26 is free trading is that the other previous restricted 70 mil (out of 96) can belong to 3 people and now each of them( assume 23 mil each) is less than 1% of the OS. Then they have to file a 144 with govt.
If I am right then this stock can go to a penny easy and have a 23 mil market cap---exactly as it was before the drop.
If the Company keeps on acquiring( see the 200 mil they just cut) then 2 to 4 pennies is not unreasonable as the float 96 or 292 makes it between 1 and 3 mil valued float at even those levels.
The short position cannot be covered at these levels and VERT knows this.