El Maniel International Inc (EMLL)

[oose]

Just doing some DD on stamp collection
SINGAPORE and NEW YORK, NY--(Marketwire - 06/08/10) - El Maniel International, Inc. (OTC.BB:EMLL - News).

El Maniel International, Inc. (www.elmaniel.com) announced today that it has acquired a 70% equity interest in a stamp and collectibles company valued at $4.5 million dollars. EMLL management is currently negotiating with several international businesses for merger and acquisitions

This is my take on that Stamp collection..this PR never stated that the stamps where where 4.5mill..it says A stamp and collectibles COMPANY valued @ 4.5 Mill.
EMLL has 70% equity interest..of what..must of only been about for this $21,429..because this is the only assets I see for the stamps.
Foreign stamp collection held for sale 21,429
June 30th 2010 Q10 filing and also the Feb 24 2011 of annuaul report..
So lets drop the stamp collection crap..because EMLL has always stated in the filings that it has only been worth $21,429
IMO...I will do more DD..might take me a little bit.