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Just put in for 200K at the ask, took them a couple of minutes to fill it also, see it's now showing at the HOD, like I said, a lark just to see the price move. Was worth 20.00 to me for entertainment value.
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From Taylor Moffit on the Diversified website.......
Dear partners,
This company is dedicated to givers, those who give more than they expect in return, to those who have no ability to repay. I pray that God can use me to bless those who are giving to others.
I would like to thank Warren Buffet, who has openly shared his business principles which have been very influential in my own. Someday, others may copy my principles which I have openly laid out for all to read, and become our competition, but "imitation is the most sincere form of flattery.
Please be sure to take advantage of the savings to be had using an ethanol-powered vehicle. Many used vehicles can run on ethanol, in addition to the newest ones. You should also use ethanol because it reduces our dependency on foreign oil, aside from costing less, and burning cleaner. As more vehicles are produced to run on biofuels, the demand for E-85 may continue to grow. Unfortunately, there isn't enough corn in the world to make enough E-85 for all of America, but we can impact our dependence on fossil fuels.
I've been asked about making ethanol from switchgrass, garbage, sugar cane, potatos, and other alternatives to corn, but our research shows that the most profit to be made is with the corn, because of the superior logistics in place for the corn industry, which is highly advanced. Therefore, Diversified Ethanol is committed to America's cornbelt, and has established its corporate office right in the middle of everything, in rural Iowa.
We intend to demonstrate the Midwestern work ethic, and values, while we participate in ethanol arbitrage, buyouts, and mergers which will leave most Wall Street companies scratching their heads trying to catch up.
While all of our transactions are based on solid earnings and long-term growth potential, we are "conservatively aggressive." That means we are highly selective and careful with our projects, but with as much aggressive growth as possible.
In the words of James W. Tausz, there is no need to worry about tomorrow, because God is already there. God bless each and every one of you.
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James Monroe Capital Corporation Creates New Lending Platform Monday July 10, 8:30 am ET
CHICAGO--(BUSINESS WIRE)--July 10, 2006--James Monroe Capital Corporation (Pink Sheets:JMCP - News) today announced it has created a new lending platform for lending entities who wish to lend to Americans in selected foreign countries. ADVERTISEMENT
The new platform will make a market for the growing number of Americans buying foreign real estate. Foreign developers from multiple countries who cater to Americans have uniformly expressed a need for better financing. The new platform will allow lenders (www.bradfordfunding.com) to enter into new markets, which JMCP will supply. JMCP has responded by creating a lending platform which is very conservative to protect lenders, but which uses state of the art flexible underwriting principles with multiple levels of approval, and multiple ways that an individual can be approved.
CEO Chris McGovern said, "We will charge a fee for every loan placed. A few years ago, when I was a loan officer with Bradford, we used computer databases to screen borrowers against hundreds of underwriting guidelines to get them approved with the lender which best suited them. By studying these guidelines, we have taken the best proven features from multiple programs, and incorporated them into one program which offers instant online approvals with conditional commitment letters. Thus we are able to create a safe place where lending institutions can earn a higher yield, and homebuyers can easily and quickly have access to foreign mortgages. Bradford has the processing centers and loan officers needed to handle a substantial increase in loan pipeline overflow."
Initial use of the new system is scheduled for November, when US lending has slowed down.
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CHICAGO--(BUSINESS WIRE)--July 10, 2006--James Monroe Capital Corporation (Pink Sheets:JMCP - News) today announced it has created a new lending platform for lending entities who wish to lend to Americans in selected foreign countries. ADVERTISEMENT
The new platform will make a market for the growing number of Americans buying foreign real estate. Foreign developers from multiple countries who cater to Americans have uniformly expressed a need for better financing. The new platform will allow lenders (www.bradfordfunding.com) to enter into new markets, which JMCP will supply. JMCP has responded by creating a lending platform which is very conservative to protect lenders, but which uses state of the art flexible underwriting principles with multiple levels of approval, and multiple ways that an individual can be approved.
CEO Chris McGovern said, "We will charge a fee for every loan placed. A few years ago, when I was a loan officer with Bradford, we used computer databases to screen borrowers against hundreds of underwriting guidelines to get them approved with the lender which best suited them. By studying these guidelines, we have taken the best proven features from multiple programs, and incorporated them into one program which offers instant online approvals with conditional commitment letters. Thus we are able to create a safe place where lending institutions can earn a higher yield, and homebuyers can easily and quickly have access to foreign mortgages. Bradford has the processing centers and loan officers needed to handle a substantial increase in loan pipeline overflow."
Initial use of the new system is scheduled for November, when US lending has slowed down.
This press release does not constitute an offer of any securities for sale. This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the company's limited operating history and history of losses, the inability to successfully obtain further funding, the inability to raise capital on terms acceptable to the company, the inability to compete effectively in the marketplace, the inability to complete the proposed acquisition and such other risks that could cause the actual results to differ materially from those contained in the company's projections or forward-looking statements. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.
Contact: James Monroe Capital Corporation Chris McGovern, 847-418-3848
-------------------- Plan your work for today and every day, then work your plan
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Also, I wonder if they are offering this financing because the plan to sell all the condos at the new resort - and they want to not only sell the condos, but also get the interest on the loans. That's pretty smart because, during the first half of the mortgage period, it's all interest - effectively getting people to rent the condo full time on top of buying it!
Good stuff.
-------------------- You can't afford to risk, what you can't afford to loose.
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quote:Originally posted by JIF: yes IMHO at .0001 it's worth it.
Also, I wonder if they are offering this financing because the plan to sell all the condos at the new resort - and they want to not only sell the condos, but also get the interest on the loans. That's pretty smart because, during the first half of the mortgage period, it's all interest - effectively getting people to rent the condo full time on top of buying it!
Good stuff.
That would be very smart. Great Point Jif, I did not even think of that yet.
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Its a good sign when the company thinks of these angles. Got to admit they got bradford hooked and they are playing all the angles. I like!
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quote:Originally posted by JIF: Yeah - it could be a long term strategy to offer a "one stop shop" for people buying the condos at the new resort.
So, people could stay in the hotel, rent the condo for the summer or extended stay. Or, buy them outright, or buy them with financing terms.
Marriott has done very well in this business. The pricing tends to be interesting. At least with Marriott you have pre-build pricing starting around 1-2 years prior to completion then graduated pricing post build and peak rental times.
-------------------- - "Pay it Forward"
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is it me or this thing keeps getting talked about and it has done nothing.IMHO some people are talking this up so it won't die on this board.I think it's time we moved on.
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Dalton, I am begining to agree with you 100%!!! It seems that no CEO can get this stock to move for .0001. It has been months now sitting stagnet. I am out at the next uptick if I can!
quote:Originally posted by dalton05: is it me or this thing keeps getting talked about and it has done nothing.IMHO some people are talking this up so it won't die on this board.I think it's time we moved on.
quote:Originally posted by dalton05: is it me or this thing keeps getting talked about and it has done nothing.IMHO some people are talking this up so it won't die on this board.I think it's time we moved on.
Yup, miss the good ol' CWFG days when New Ventures comes out with his weekly stock chart analysis. Sooner or late, he'll get it right.
posted
Posted by JIF: "yes IMHO at .0001 it's worth it.
Also, I wonder if they are offering this financing because the plan to sell all the condos at the new resort - and they want to not only sell the condos, but also get the interest on the loans. That's pretty smart because, during the first half of the mortgage period, it's all interest - effectively getting people to rent the condo full time on top of buying it!
Good stuff."
Where is the motivation to not fully disclose to shareholders their intentions if this were the case? I don't mean to bash, or call out "pump", but as the saying goes, don't make a mountain out of a mole hill....
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What I would like to know is -- why when you send an email as a shareholder (with a large stake I might add)you get an automated response and your questions never get answered. I think we are in for another 6mos of BS!!
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quote:Originally posted by PhoenixStockMaster: What I would like to know is -- why when you send an email as a shareholder (with a large stake I might add)you get an automated response and your questions never get answered. I think we are in for another 6mos of BS!!
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Diversified Ethanol a Division of James Monroe Capital Corporation Accelerates the Opening of its New Corporate Headquarters in Iowa as Demand for Ethanol Increases Monday July 17, 8:30 am ET
CHICAGO--(BUSINESS WIRE)--July 17, 2006--Diversified Ethanol a Division of James Monroe Capital Corporation (Pink Sheets:JMCP - News) today stated it has established its new Corporate Headquarters and is accelerating its staffing and operations as it expects the demand for ethanol to increase dramatically. Ethanol's public profile rose significantly last July when Congress passed an energy bill that mandates the doubling of biofuels output by 2012. In January, President Bush gave the industry a further boost with a strong endorsement in his State of the Union speech. And with the imminent phase out of a petrochemical added to gasoline to reduce tailpipe emissions, more U.S. motorists will depend on the corn-derived fuel more than ever before. In some markets, wholesale prices for ethanol have surged to roughly $2.75 a gallon or more, according to the Oil Price Information Service of Wall, N.J. Because ethanol makes up about a tenth of every gallon of unleaded gasoline with which it is blended, it is great for ethanol producers and distributors.
Diversified Ethanol's new corporate headquarters is located in the heart of ethanol country: Iowa. "We needed to be right in the middle of the Midwest ethanol plants. As we work on ethanol mergers and acquisitions, it is a significant advantage to be established within the ethanol community. Being in Iowa, it will give us first hand knowledge and information about the key players and producers within the industry. Therefore we can prepare for future trends in the ethanol industry, even before the crop reports come out. The company anticipates this strategy will enhance the company's competitiveness within the market," stated Taylor Moffitt, CEO.
Moffitt also stated, "Friday, light crude oil futures reached a high of $79.45 a barrel on NYM September futures, which could be a record, due to the escalating violence in the Middle East and damage to Nigerian pipelines that threaten to cut off supplies. The demand for ethanol will increase substantially as the demand for oil rises
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