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!!!!
AI
