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JMCP --- James Monroe Capital Corporation .0001 stock with potential
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[QUOTE]Originally posted by JIF: [QB] James Monroe Corporation (JMCP) - Wednesday's shares stayed even at $0.0001 per share with a total of 50,770,000 shares traded. The company has retired shares from a buyback of 2 billion shares prior to September 29, 2006. The new share structure will be posted on the company web site after the company receives the new numbers in writing to have on file. Taylor Moffitt said, "Everyone has been very busy. It has been a great run of long days, nights, and weekends filled with work. Aside from adding all of the new equipment to the shop, from our last expansion, so that we are ready for full production, we have also been welding, painting, and assembling the customer training and R&D ethanol plant. Most ethanol plants take well over a year to construct, but our project has been going up so quickly that we may end up having to wait on permits--that's spectacular progress and will give us a feather in our cap, if we can beat all of the permits. We have hired new fabricators and workers, and a new executive who will start with us soon. Floyd Butterfield has been continuing to improve our engineering, and regarding his latest modifications, told me, 'It will knock your socks off.' Outside of the US, particularly in developing countries, the small ethanol plants have been well received, and we have initial purchase orders. In the office, we have been installing control systems for tracking every penny, as requested by a PCAOB auditor. We are nearing a final selection of a PCAOB auditor, and are looking forward to being a reporting company. At the same time we have been finishing off one of the Northland Home Solutions houses, so that we can sell it. We have continued to work on mergers and acquisitions. Other parties have continued to show interest." James Monroe Capital Corporation is a publicly traded holding company that focuses on acquisitions, start-ups, and real estate. The company solicits contracts for stable income as the stable base to fund its otherwise aggressive efforts. These efforts are "opportunistic and time-sensitive deals" often involving distressed situations where other parties have something very valuable they are about to lose entirely. [/QB][/QUOTE]
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