El Maniel International Inc (EMLL)

[caycehopeful]

Smilin B, I am replying to one of your messages because
you're one of the few DD people here.

On Sept 6, 2011 Jamie said:
"Furthermore, the affiliates of the Company including the
Chief Executive Officer has no plans of selling any
shares into the market and the Company's share
buy-back program will continue throughout the one year
time frame or until we believe that our stock price is
no longer undervalued".
http://www.globenewswire.com/newsroom/news.html?d=231463

I rounded figures:
End of 3rd qtr shows float of 2.8B, end of 4th qtr
shows float of 3.5B
It seems Jamie sold 700M shares in 3rd qtr.
Total volume for 3rd qtr (64 trading days) is 900M shares.

Does this appear correct?

If this has been discussed before or is
just plain wrong, I apologize.