Replies to post #39302 on El Maniel International Inc (EMLL)

[Smilin_B]

"EWI does not hold any shares of EMLL and that is a fact!!"

The above is what you just wrote here to the forum Le2dynasty.


Then what is this?


On August 3, 2010, the Company executed a Wrap-Around Agreement with its chief executive officer and Epic
Worldwide, Inc. (“EWI”). Pursuant to the agreement, the Company issued EWI a promissory note in the amount of
$1,200,000 in exchange for EWI’s assumption of certain amounts due the Company’s chief executive officer. The
promissory note bears interest at 15% commencing October 3, 2010, is due August 3, 2011, and is convertible at the
option of EWI in whole or in part into shares of Company common stock at a price per share equal to a “50% discount of
the average three deep bid on the day of conversion”. On August 3, 2010, August 13, 2010, August 19, 2010, and
September 7, 2010, the Company issued 200,000,000 shares each day (800,000,000 shares total) of its common stock to
EWI pursuant to EWI conversion notices reducing the promissory note balance by $40,000, $40,000, $60,000, and
$50,000, respectively ($190,000 total).
On August 6, 2010 the Company issued 2,000,000,000 shares of its restricted common stock to its chief executive
officer.
Source: El Maniel International Inc, 10-Q, September 16, 2010 Powered by Morningstar® Document Research?
At September 16, 2010, the Company has 2,892,110,000 shares of common stock issued and outstanding.



CARE TO EXPLAIN YOUR STATEMENT Le2dynasty?



Disclaimer

All of the content published on this website is to be used for informational purposes only and without warranty of any kind. The materials and information in this website are not, and should not be construed as an offer to buy or sell any of the securities named in these materials. Trading of securities may not be suitable for all users of this information. Both day trading stocks and investing in the stock market in general have large potential rewards. However, they both have large potential risks involved in which you can lose all your money. You, the reader, and not Smilin_B, are solely responsible for any losses, financial or otherwise, as a result of trading stocks. Under all circumstances, you the reader, and not Smilin_B, assume the entire cost and all risks involved with trading this and any stock based on strategies or opinions of Smilin_B. The above post is the opinion of Smilin_B. Smilin_B will not be responsible for or accept any legal liability (both state & federal) for any losses arising from an investor's reliance on or use of this assembled information. This assembled information is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. All assembled information provided is for informational purposes only and is not intended to be used as the sole source of information on a company. PLEASE always do your own due diligence, and consult your own licensed financial advisor. Never invest in any stock mentioned in emails or on the advice of Smilin_B or anyone else, unless you can afford to lose your ENTIRE investment

[DaStig]

Has anyone noticed also that they have done some updates to their website? As in the design and look of it?

I just had not seen it mentioned on the boards. It's not a SIGNIFICANT find, but still, shows a willingness to continue looking professional.

DASTIG

[Bansky]

How can you claim that it is a rumor, then in the same sentence say it is a fact?

EWI has probably sold some of its 500 million shares the other day at .0003 and holds maybe 400 million left to dump.

[Smilin_B]

Look at Epic Worldwide's standard agreement terms.

Here is just ONE example of their standard wrap around agreement.

http://agreements.realdealdocs.com/Press-Release/WRAP-AROUND-AGREEMENT-2835558/

Do the terms look familiar to El Maniel International shareholders ?

Le2dynasty, does this agreement between Epic and other parties, look EXACTLY like the one they have with Jamie Khoo?

Read it closely and you will see that i am correct (And continue to be)





WRAP-AROUND AGREEMENT



By and Between:



SPEECHSWITCH, INC., AS ISSUER;



AND



GLYNNTECH, INC. AS AFFILIATE;



AND



EPIC WORLDWIDE; INC. AS INVESTOR



2.1 Convertibility –The terms and conditions of the underlying Debt shall be so modified or amended as to include a convertibility provision allowing the Investor to convert into common voting stock at the price of 50 % discount of the average three deep bid on the day of conversion.





2.1.1 Fractional Conversion -This wrap-Around Agreement shall be convertible in whole or in part into Conversion Shares. The remaining balance of the Debt shall continue to accrue interest and inure normally.




2.2. Interest Rate -The interest rate shall be 15% per annum, compounded, applicable retroactively to the date of this agreement;




2.3. Call Provision -The Issuer shall have the rights to repurchase all remaining Debt plus any additional Debt at 150% of the Debt and Additional Debt; within the first year of the execution hereof, and 130% thereafter




Disclaimer

All of the content published on this website is to be used for informational purposes only and without warranty of any kind. The materials and information in this website are not, and should not be construed as an offer to buy or sell any of the securities named in these materials. Trading of securities may not be suitable for all users of this information. Both day trading stocks and investing in the stock market in general have large potential rewards. However, they both have large potential risks involved in which you can lose all your money. You, the reader, and not Smilin_B, are solely responsible for any losses, financial or otherwise, as a result of trading stocks. Under all circumstances, you the reader, and not Smilin_B, assume the entire cost and all risks involved with trading this and any stock based on strategies or opinions of Smilin_B. The above post is the opinion of Smilin_B. Smilin_B will not be responsible for or accept any legal liability (both state & federal) for any losses arising from an investor's reliance on or use of this assembled information. This assembled information is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. All assembled information provided is for informational purposes only and is not intended to be used as the sole source of information on a company. PLEASE always do your own due diligence, and consult your own licensed financial advisor. Never invest in any stock mentioned in emails or on the advice of Smilin_B or anyone else, unless you can afford to lose your ENTIRE investment