Replies to post #17450 on El Maniel International Inc (EMLL)

[Smilin_B]

I highly doubt that the CEO of El Maniel (or Mr. Hollister for that matter), have the time nor the inclination to read this forum.

I have approached Gerrard Hollister with the idea of using this I-hub forum as a center stage to interact with and disseminate news to shareholders of EMLL - but he has not responded to my invitation.

Those that are TRADING shares of EMLL, have done quite well (especially on that last runup from .0003 to .0013)

What's going on now is a consolidation phase, albeit an extremely oversold one, as we are trading below the 20dma.

Dilution by the company, by tapping into the capital markets for cash- like i have been saying all along?

Market Maker walk downs?

Venture Capital firms assisting El Maniel with a loan against the $4,000,000 in stamp assets, but sweetening the pot by receiving discounted shares from the company and turning them around and selling into the marketplace?

Sure, why not?

All of the above apply.

For those who believe that El Maniel is using the capital markets to raise cash, and in doing so they are knowingly creating a demand/supply imbalance in the short term, so that operations can continue, are on the right track in my opinion.

While it is painful to witness the sharp retracement BELOW support, its painfully obvious that most holders from the .0004 thru .0007 levels have retired their positions and moved on.

I remain long and looking forward to some concrete positive developments out of Ghana, and even more importantly - the news of the UK Venture Capital firm thats in discussion to loan EMLL the capital it needs.

THATS the news release im awaiting, and if it comes, then THAT will be the catalyst to fire EMLL off well above the .0013 resistance levels.