Replies to post #26562 on El Maniel International Inc (EMLL)

[Smilin_B]

I believe EMLL filed as a non reporting entity, didnt they? I do not believe they have to report share structure. I could be wrong, but i recall seeing a recent edgar filing on the matter. I'd have to review it this weekend when i have more time. Been trading a lot lately, and certain things go unnoticed until i have more time.


Update: http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7781865

FORM 15


CERTIFICATION AND NOTICE OF TERMINATION OF REGISTRATION UNDER SECTION 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934
OR SUSPENSION OF DUTY TO FILE REPORTS UNDER SECTIONS 13 AND 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934.

Signed by
KHOO HSIANG HUA, CEO/PRESIDENT

[Smilin_B]

The share structure as of September 30, 2010 was as follows:

Authorized 5,000,000,000

Issued and Outstanding 2,892,110,000

Keep in mind that on July 1, 2010, El Maniel aquired a 95% interest in the alluvial mining claim (Plot A and B) and had to pay $1,000,000 for each plot respectively

On August 6, 2010, the company issued 2,000,000 shares of restricted common stock to its CEO as compensation for satisfying the company's obligations in respect of Plot A and Plot B for the payments totaling $2,000,000 that were due on July 30, 2010


As far as the Oil Terminal Facility in Luzerne County, Pennsylvania:

El Maniel closed on this aquisition on May 26, 2010 with JFK Petroleum. The sales agreement provided that JFK assign its deed to the property in exchange for the Company's cash payments to the owner of JFK totaling $50,000 and the Company's issuance of 1,000,000 restricted shares of common stock to the owner of JFK, with a committed buyback of $1.00 per share (or $1,000,000 total), at the owner of JFK's option, one year after issue date.

So on May 26, 2011 (two months from now), there is a $1,000,000 ALL CASH payment due to JFK.