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[QUOTE]Originally posted by madmoney: [QB] "Here’s what I did. I took over a Gold mine with $5,000,000 in audited valuation, giving their shareholders an offer they couldn’t refuse. Basically they get a better return on investment with the Rosneft Oil than they do with the Gold mine. I then issued stock against the $5,000,000 at a rate of .0001 per share to pay for the entire Oil Joint Venture. Our JMCP share price was already sitting at .0001 so this boded well because I did not want the JV partners interest to fall below the $5,000,000 then have them balk and walk on the deal. I then immediately cleaned out a shell company I had purchased last year and prepared it to become a Royalty Trust for all James Monroe Capital Corp aka JMCP Acquisitions Corps shareholders. With Oil prices to continuing to rise threw out the years our valuation of $3.4 Billion dollars can and will double, triple and eventually quadruple during our lifetimes. Plus we know have access to basically all of the Russian Oil we can handle. More deals will be made." ---------- what does all this mean??? they started out with 45 billion shares out then bought 3.4 billion dollars in assets for 5 million in stock valued at .0001? does that mean he issued 50 billion more shares?? and the O/S is now at 95 billion??? and who in their right mind would sell 3.4 billion dollars in assets for 5 million dollars worth of stock valued at .0001!????? [/QB][/QUOTE]
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