NEW YORK, Aug. 1, 2011 (GLOBE NEWSWIRE) -- El Maniel International Inc (EMLL:OTC) announced today that the Company has released its consolidated financial results for the fiscal quarter ended June 30, 2011 and during this quarter, the Company achieved consolidated net revenues of $185,000 "We are very excited in this important milestone of becoming a revenue generating company and this result exemplifies the growing success of the business model that the management of El Maniel has implemented by focusing in the development of current and new resources in the gold business domain" according to Jamie Khoo, CEO of El Maniel International.
The third quarterly consolidated financials prepared in line with OTC Pink Current Information tier requirements are now online at www.otcmarkets.com/stock/EMLL/financials
"We expect to achieve higher top-line growth under our global gold business domain through recurring and new revenue streams in the next quarter which we believe will eventually lead to bottom-line profits" added Jamie Khoo. Stay tuned to www.elmaniel.com for more updates.
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 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.