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Author Topic: JMCP Spin off and paying divi's
currman
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James Monroe Capital Corporation (OTCPK:JMCP)is spinning of to Originally New York, Inc. ("ONYI")
1 share of ONYI for every 2000 shares of JMCP, or for every $100 worth of JMCP a shareholder would get roughly $350 worth of ONYI

ONYI is trading at 0.55
JMCP is trading at 0.0001

10000000 in JMCP is 5000 of ONYI
10000000 of JMCP cost $1000.00
5000 of ONYI is worth $2750.00
JMCP said they would take care of it's shareholders, they wasn't kidding.

Posts: 34 | From: NH | Registered: Jan 2006  |  IP: Logged | Report this post to a Moderator
ref21
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Interesting... Shares are restricted though... doing more homework on this one.
Posts: 27 | From: Philadelphia | Registered: Feb 2004  |  IP: Logged | Report this post to a Moderator
metal1
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that seems to be the new trick with these pinks. issue divs in restricted stock. there are quite a few out there right now. possible you may never be able to sell the shares. might even reverse split till they are gone, lol.
Posts: 1045 | From: novato,ca,usa | Registered: Aug 2003  |  IP: Logged | Report this post to a Moderator
eddy
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JMCP-now just 5 mm's on the .0001 ask-radar--eom
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boneyardjeep
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a lot of volume today. something happening!!!
would be nice to see a change in the right direction.

--------------------
I wish aliens would come down from space & make me thier pet I would like a bed with my name on it

Posts: 89 | Registered: Nov 2006  |  IP: Logged | Report this post to a Moderator
loadedgun
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Look at the last two Pr's.

If they get an oilfield.

This will have action.

"IF"

Posts: 49 | From: Earth | Registered: May 2006  |  IP: Logged | Report this post to a Moderator
OTC_MONEY
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yeah...can't wait
Posts: 15 | From: New york | Registered: Aug 2006  |  IP: Logged | Report this post to a Moderator
   

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