El Maniel International Inc Announces Shares Buy-Back Program
New York – April 12, 2011 - El Maniel International Inc (OTC:EMLL) announced today that the Company plans to buy back up to 400 million shares of its issued and outstanding common stock as part of a Share Buy-Back Program. “This action is effective immediately and will run for a period of one year or until all of the shares have been purchased, whichever earlier by utilizing funds generated from bottom line profits as we do not believe that the current share price reflects the underlying fundamentals of the Company nor the anticipated growth from multiple income streams moving forward”