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Tonyeight

03/28/11 3:49 PM

#31872 RE: pkdaddy64 #31871

AMAZING FELLAS.....FROM TODAYS PR..

Bansky

03/28/11 4:08 PM

#31879 RE: pkdaddy64 #31871

On this statement you have an interesting point. We all think that Khoo is in cooperation with EWI on any dump at any time. Not so.
Here is how it works. EWI did not wake up yesterday by Khoo and get an idea he wanted to buy a stock at a discount for sale. EWI has been doing this with many stocks for over one year. I researched EWI thoroughly. What Mr. Khoo found was EWI, who was willing to buy EMLL paper in a complicated transaction( not to be discussed anymore because I am getting a headache already with doing that) then resell it for a major profit. Therefore, Khoo did not benefit from 100% of the sale of even 2 billion shares at let us say .0007 average or 1.4 million dollars. He made half that amount. Why? Because his sale was at 50% to the market price. The guarantee to EWI that they contracted at a certain price even if it then collapses is there. How?
It is called( Smilin_B correctly used this term)a P.I.P.E. transaction. That means they are guaranteed the sale and the 50% of the DAY they make it. Each time they do this is another separate contract without signing one each day.

So, Khoo( and assume EMLL) now have 700 grand to use minus what he obligated himself to the shell buyers( $390 grand plus 'fees') and whatever he paid up front for the terminal/stamps/gold plots.

In all fairness to Khoo, he did not make out like a pink sheet bandit and that is one of the reasons I stayed with the stock.

fly_fisherman

03/28/11 4:48 PM

#31886 RE: pkdaddy64 #31871

Folks if it is EWI selling...

We just need to let them get rid of their shares. Folks if we end up with an o/s count of 3 billion shares IMHO its a non event in relation to the stock entering pennyland. Compared to the other stocks in and out of the gold sector if we can generate revenues with net earnings and continue to build on that with improving margins we should still easily exceed a penny.

When the selling is done, which I think it has to be getting close, we will begin to appreciate as we should.

There will be shake downs to occur and those will be triggered by the MM's, so they can get shares and build up inventory.

Bottom line EMLL is executing and are focusing where we all believe they should GOLD!!!!!

glta...