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OK...I dont like to back but im going to on this one....NOW they are getting into ethonal. As soon as this guy came on board he stunk just like the old CHICK. He put out numerous lies about resorts and all that crap and now he is getting into ethinol..LOL. Enough Said...This guy is FRAUD....
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quote:Originally posted by heynow: OK...I dont like to back but im going to on this one....NOW they are getting into ethonal. As soon as this guy came on board he stunk just like the old CHICK. He put out numerous lies about resorts and all that crap and now he is getting into ethinol..LOL. Enough Said...This guy is FRAUD....
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Even if half of this is true then we should see some move eventually. I like the way they are aggressivly moving but just hope there haven't been any false statements made.
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quote:Originally posted by heynow: OK...I dont like to back but im going to on this one....NOW they are getting into ethonal. As soon as this guy came on board he stunk just like the old CHICK. He put out numerous lies about resorts and all that crap and now he is getting into ethinol..LOL. Enough Said...This guy is FRAUD....
LMAO --- nice of you to show up
Not here to argue. You should know better New Ventures. You can honestly tell me this company is for real. Remember the old symbol and they where supposed to close on this big property in Florida. I said that it would never happen and that the next PR was going to state they postponsed the closing. Everyone thought i was crazy for saying that until 2 days later the PR came saying they had to extend the closing due to Title issues. If you can honestly say this company is ligit then you need to take a step back and look at your trading techniques. Now they are looking into ethinol..LOL...what a joke....Remember I once owned over 80mill shares and luckly I sold them all at .0001 the same price I bought them for 6 months prior and thats all this stock will ever do. I know I know I know. No one wants to hear the truth.
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Diversified Ethanol, a Division of James Monroe Capital, Begins Discussions on Ethanol Plant Mergers
By BusinessWire Last Update: 7/19/2006 12:25:59 PM Data provided by
CHICAGO, Jul 19, 2006 (BUSINESS WIRE) -- Diversified Ethanol, a division of James Monroe Capital Corporation (Pink Sheets:JMCP), today announced that it has entered into discussions with multiple ethanol and bio diesel plant owners for potential mergers or acquisitions.
The company intends to acquire or merge alternative fuel producers under the Diversified Ethanol umbrella thus becoming a major producer and supplier of alternative fuels.
Starting last May, more and more refiners have been adding ethanol into regular gas, and dropping the popular additive MTBE, which is used to make gasoline burn cleaner. The additive may cause cancer, and Congress has declined to offer refiners protection from the legal liabilities that may stem from the use of MTBE, 45 states have enacted policies to stimulate ethanol production and consumption, and it has been mandated in some States already. The Energy Policy Act of 2005 requires gasoline producers to nearly double the use of renewable fuels, mostly ethanol, by 2012.
Gas consumption has been increasing every year, while we haven't built a new refinery since the 1970's. Ethanol will fill part of this void, as refineries blend it in. Auto makers Ford and General Motors are ramping up promotion of flex vehicles that run on 85% ethanol, known as E85. This demand has been noticed by prominent visionaries of the future such as Bill Gates, who purchased $84 million dollars worth of ethanol related investments.
"Diversified Ethanol will allow these plants to operate independently but with the backing of the parent public company, this will allow better pricing on supplies and cut production costs and related expenses as we grow," said CEO Taylor Moffitt.
Moffitt added, "I drove to work today in a car fueled by E85 made from corn. The cost of the fuel is less and the emissions are lower, it gave me a sense of being environmentally friendly while being non-dependent on foreign oil."
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.
SOURCE: James Monroe Capital Corporation
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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.
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