El Maniel International Inc (EMLL)

[Bansky]

Good question. Logic is as much in the answer as speculation. By reading Biochemist's posts you would think we discovered gold already. the clear fact is that gold exists all over Ghana and in the River Ofin as well. The statistical facts are that this is not developmental petroleum drilling next to an Exxon platform with a 10% discovery risk ratio. The chance that you will find gold next to SNEY claim on the other side of the river is far less than 1%. Alluvial mining just does not work that way and all the GPS and color graphs that Biochemist shows are extremely misleading. The facts are that no mud digging has even started( costs ZERO). To wait now for a phantom 2 million dollar loan to put together sluice boxes and 100 Galamseys( miners at 8 dollars a day pay scale)costs at most 50 to 60 thousand dollars. If you are the one that actually wants to research this then go look at SNEY and many other sites and reports by them to see what we are potentially into.

To ask when the announcement will come out. All I can say is that the annual report had until yesterday before the pink sheet permanent status was given. Some say they even have another 15 days or January 15. That means that the story should come out before January 15. The reason is that EMLL can never come out with an annual report again. If they do then the auditor has to audit the agreement that allowed Mr. Khoo and insider(s) to sell 2 billion shares based upon a 1.2 million dollar debt to create those free trading shares. This debt supposedly followed Mr. Khoo from his previous company way before the reverse merger in 2010. The auditor will never find the reason for the debt and Mr. Khoo stating that he was owed money for whatever reason will never be accepted by the worst violator of audits. So, my opinion is that the 10K never emerges. If I was the adviser to the company I would simply state that you better stay out of OTCBB and NOT file the 10K.

I am long 20 million shares at .00045 and I have made 10 thousand dollars trading this stock twice in the past months. I have verified and know that this is a scam but I never accused Mr. Khoo of being a criminal. there is a very wide circle of legality allowed in news releases and unless some one shareholder states he lost 100 grand( not 1000 shareholders who lost between 1 and 5 two grand) the SEC does not care. That is his protection. Of course being permanently in Asia with a hop and skip to Ghana, helps.

LOL