Time is Near...
You are right we are getting close.
Amazing to me all the nay-sayers out there. Folks, pink stocks are what they are. Sure we would love buy a stock with a 100 million a/s for less than a penny and run it up over $5. Thats not the nature of pinky stocks.
The nature of pinkys are startups from ground floor and R&D which translates to 0 revenues until???????. When is the key, so in the meantime pinkies normally dilute for what reason? To raise capital to position the company to a point in which it generates revenues. This is the whole concept of an equity company whatever exchange you are located on.
To sum it up, review in the land of pink stocks. Only 20% actually generate any revenues at all and when they do they have outlandish o/s and a/s in the 20,30,40 and even 50 billion range as I have already provided an example.
That said, and I am not going to defend every decision EMLL's management has made from the beginning through today. I can simply say there share structure compared to the pinky share market is VERY GOOD CONSIDERING THEY ARE NOW GENERATING REVENUES WITH PROJECTED NET EARNINGS FROM EACH GOLD PROJECT. Folks this is incredible.
Now have they diluted, YES thats how companies build out their business to become revenue generating. EMLL is atleast doing that. 80% of the pinkies are not and never become revenue generating even after that 20th billion o/s.
That said, you don't have to look far to find gold stocks over a penny with the similar share structure as EMLL and believe it not generating any net earnings yet.....
MXGD, a gold stock, has 30 billion o/s and 50 billion a/s and is setting at .0004.
Now what do you think EMLL is worth? LOL
glta....
