New York, NY (Vocus) May 27, 2010
El Maniel International Inc. announced today that it has acquired a 70% equity interest in a stamp and collectibles company valued at $4.5 million dollars. EMLL management is currently negotiating with several international businesses for merger and acquisitions.
Management believes that its corporate strategy of diversification into different industries will benefit the overall bottom line to the company. The current acquisition strategy of the Company includes acquisitions in the energy, banking, mining and retail areas.
"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 risks 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: (202) 536-5191