El Maniel International Inc (EMLL)

[Bansky]

3.2 billion shares OS as of last month. When the 10Q was released last the company stated that another 800 million shares entered the market on top of the 92 million in the float. Then 2 billion shares RESTRICTED were issued to management. So the OS was 2.892 billion.
Since that time and up to this past Monday morning at least another 300 million shares were diluted into the market( one of the reasons the stock was at 2-3 for a while. Dilution leveled off then. Even if some dilution continues on occasion and the OS goes to 3.5Bwith the float at 1.5B the market cap is so small( now at just about 1.5 million dollars) that any news would move the stock up. We are expecting several news items on the Ghana situation and .01 is reasonable by year end. I reentered this stock at .0004 on Tuesday and Wednesday.