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One thing you gotta love about this one is, that they PR and they seem hungry. All it takes is ONE big PR to get the snowball rolling.
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may 22 pr is what caught my attention about this stock and I jumped in at .0001! there's still time left imho for folks to get shares on the ask at .0001. here's the part in the pr that really was the deal closer for me.
//////////// James Monroe Capital Negotiating Acquisition of Taylor Moffitt, LLC
CHICAGO, May 22, 2006 (BUSINESS WIRE) -- Commonwealth American Financial Group, Inc./James Monroe Capital (Pink Sheets:CWFG) today announces that it intends to complete the acquisition of Taylor Moffitt, LLC, ....
.... Incidentally, that personal property includes a Rolls-Royce and convertible Hummers which Moffitt and has used as collateral to borrow money on a 1 year balloon loan at 100% interest from a private party, to invest in James Monroe Capital ....
Moffitt commented, "We're planning something big that we have yet to unveil. The equity in Taylor Moffitt, LLC will be leveraged as seed money on a large arbitrage deal with 100% financing. I am really committed now. If James Monroe Capital doesn't succeed, I'm going down with it." .... ////////////
so basically the folks giving the money are going to double their investment and moffitt seems pretty sure this is going to be pay dirt. 4 month chart shows he's not the only one thinking something is up! i've been loading % of my profits into this and will continue until .0001 is but a memory! glta!
-------------------- Flip'n 'em like hotcakes!
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Diversified Ethanol a Division of James Monroe Capital Corporation to Build its First Ethanol Manufacturing Facility Monday July 24, 8:30 am ET
CHICAGO--(BUSINESS WIRE)--July 24, 2006--Diversified Ethanol, a Division of James Monroe Capital Corporation, (Pink Sheets: JMCP - News) today announced that plans to build its first ethanol manufacturing plant are underway. ADVERTISEMENT
The company's first facility will be a small-batch, 24-hour ethanol manufacturing facility. This first plant as designed will consist of multiple production lines that are to be built one at a time, allowing for expandability as needed.
Rather than use a hand full of giant tanks and distillers, the planned design consists of multiple, smaller ethanol plants. Diversified's CEO Taylor Moffitt commented, "There are numerous advantages to structuring our manufacturing facilities in this fashion. There is less risk, permitting is easier, energy service to the facility is simple, shutting down one line for service doesn't shut down the entire plant, it is compatible with lower-cost locations, upgrading and growing the plant is simple, and we can quickly begin producing ethanol with a minimum of capital outlay. We have several locations identified, for now we will begin building the distillers and testing them at a temporary location. Upon satisfactory testing the equipment will be moved to the permanent locations, we are on a fast track program to begin testing of the equipment and starting the construction of the production units."
James Monroe Capital's CEO Chris McGovern specified that the plant must be flexible and adaptable to alternative energy sources, such as burning biomass waste for distillation heat.
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388 Million. Somebody flipped this back to .0001 and is getting more...just 1 1/2 hrs so far at market and already trying to get past 400 Million and 2 times hits .0002 ... This is goin to move soon higher
-------------------- To reach hill top start from the top
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Diversified Ethanol a Division of James Monroe Capital Corporation to Build its First Ethanol Manufacturing Facility
By BusinessWire Last Update: 7/24/2006 8:31:02 AM Data provided by
CHICAGO, Jul 24, 2006 (BUSINESS WIRE) -- Diversified Ethanol, a Division of James Monroe Capital Corporation, (Pink Sheets: JMCP) today announced that plans to build its first ethanol manufacturing plant are underway.
The company's first facility will be a small-batch, 24-hour ethanol manufacturing facility. This first plant as designed will consist of multiple production lines that are to be built one at a time, allowing for expandability as needed.
Rather than use a hand full of giant tanks and distillers, the planned design consists of multiple, smaller ethanol plants. Diversified's CEO Taylor Moffitt commented, "There are numerous advantages to structuring our manufacturing facilities in this fashion. There is less risk, permitting is easier, energy service to the facility is simple, shutting down one line for service doesn't shut down the entire plant, it is compatible with lower-cost locations, upgrading and growing the plant is simple, and we can quickly begin producing ethanol with a minimum of capital outlay. We have several locations identified, for now we will begin building the distillers and testing them at a temporary location. Upon satisfactory testing the equipment will be moved to the permanent locations, we are on a fast track program to begin testing of the equipment and starting the construction of the production units."
James Monroe Capital's CEO Chris McGovern specified that the plant must be flexible and adaptable to alternative energy sources, such as burning biomass waste for distillation heat.
-------------------- You can't afford to risk, what you can't afford to loose.
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I've had 1 million on a sell each day since the PR's started. 1M at .0002 to try and flip, irregardless of that, why won't it sell? it has been at .002 several times. the ask hit .0003 today. (did anyone see it?)
anyhow, why won't it sell. are the only sell/buys dilution or formerly restricted shares coming on the market??
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