El Maniel International, Inc Announces Stellar Results for the Fiscal Year Ended September 30, 2011
23 Dicembre 2011 - 2:42PM
El Maniel International Inc (EMLL:OTC) announced today that the
Company has recently reported stellar results for the fiscal year
ended September 30, 2011 with the achievement of highest-ever
fiscal consolidated net revenues of $512,000 as well as becoming a
revenue generating company for the first time in fiscal 2011.
"Fiscal 2011 was an outstanding year for the Company and the
recorded stellar net revenues of $512,000 from zero revenues in the
comparable fiscal 2010 reflects our continued efforts in adding
value to our investors" according to Jamie Khoo, CEO of El Maniel
International, Inc. "We benefited from the exponential rise in gold
prices as the substantial growth in our revenues was attributable
primarily to our gold trading and production initiatives and we
will continue capitalizing on the immense profit potential under
this domain in fiscal 2012". El Maniel International, Inc trades on
the OTC Pink Current Information tier of the OTC Market and the
Company's financials are available via www.otcmarkets.com.
"For fiscal 2012 we are very optimistic that our revenue growth
projection will hit a rate of at least 200 percent from that of
fiscal 2011 and we are determined in achieving this through a
sustainable and robust quarter-over-quarter revenue growth rate by
building on our many strong accomplishments in gold trading and
production initiatives as well as through acquisition and
development of new mining assets" continued Jamie Khoo "We are
constantly in the lookout for new gold mining assets as the
strength of our organization lies in the gold business domain and
our continued investment in these areas underscores our commitment
in building shareholders' value". For latest updates, visit
www.elmaniel.com.
About El Maniel International, Inc:
El Maniel International Inc is a publicly traded company
currently focusing in the gold business domain including but not
limited to trading, prospecting, developing and expanding the
economic potential of its world class mining claims and the company
is committed in creating shareholder's value by ensuring constant
development of current and new resources in its global gold
business domain. For further information,
visit www.elmaniel.com
"SAFE HARBOR" STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION
REFORM ACT OF 1995: The statements contained in this release which
are not historical facts are forward-looking statements that are
subject to risks and uncertainties that could cause actual results
to differ materially from those set forth in or implied by
forward-looking statements. These risk and uncertainties include
the Company's entry into new commercial businesses, the risk of
obtaining financing, recruiting and retaining qualified personnel,
and other risks described in the Company's Securities and Exchange
Commission filings. The forward-looking statements in this press
release speak only as of the date hereof, and the Company disclaims
any obligation to provide updates, revisions or amendments to any
forward-looking statement to reflect changes in the Company's
expectations or future events.
CONTACT: Investor Relations
El Maniel International, Inc
(212) 726-2179
ir@elmaniel.com
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