posted
Im in, and i agree, this is much better than DDSI, and if BKMP can go to .001 then so can this, potential of growth, lots of PR's and projection, maybe the next PAIM. GLTA.
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An update on the Guanacaste timeshare project would be nice.
quote:CHICAGO, Jun 28, 2006 (BUSINESS WIRE) -- James Monroe Capital Corporation (Pink Sheets:JMCP) has completed due diligence on a property in Guanacosta, Costa Rica, for a timeshare resort.
The effort in Guanacosta was subject to a property inspection, and after having inspected the property, JMCP execs say the project is a go. The company reports that some other oceanfront timeshare resorts in Guanacosta were sold out....Negotiations have stepped up to the next level, and a final word on the project is expected within the next 30 days.
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Diversified Ethanol A Division of James Monroe Capital Buying Private LLC's and LP's Monday July 31, 9:49 am ET
CHICAGO--(BUSINESS WIRE)--July 31, 2006--Diversified Ethanol, a division of James Monroe Capital Corporation (Pink Sheets:JMCP - News) is now putting out bids to buy stock in private ethanol plants which are operational with earnings.
The company will begin putting out bids this week to maximize its participation in the ethanol industry, and to quickly get some earnings on its books. The company will begin buying stock in privately traded ethanol plants, such as limited partnerships and LLC's, which are not available in the stock market.
This strategy is intended to be a bonus to the company's earnings and assets, not a majority of the company's revenues or worth.
Diversified Ethanol's CEO, Taylor Moffitt commented, "Our whole premise was to diversify the company, thereby minimizing any risks associated with owning an individual business. This way, shareholders are partners owning businesses together that may not be generally available to everyone. We especially like the fact that the stock we will buy will come with strong earnings. Some ethanol companies are trading at a price to earnings ratio of 50 (reference MGPI), however, we are able to buy ethanol plant shares at a P/E ratio of about 12. This will not only add earnings, but if the market is even remotely efficient it will add value to the company's intrinsic worth."
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9:49:00 AM - Diversified Ethanol A Division of James Monroe Capital Buying Private LLC's and LP's
Copyright Business Wire 2006 CHICAGO--(BUSINESS WIRE)--July 31, 2006--
Diversified Ethanol, a division of James Monroe Capital Corporation (Pink Sheets:JMCP) is now putting out bids to buy stock in private ethanol plants which are operational with earnings.
The company will begin putting out bids this week to maximize its participation in the ethanol industry, and to quickly get some earnings on its books. The company will begin buying stock in privately traded ethanol plants, such as limited partnerships and LLC's, which are not available in the stock market.
This strategy is intended to be a bonus to the company's earnings and assets, not a majority of the company's revenues or worth.
Diversified Ethanol's CEO, Taylor Moffitt commented, "Our whole premise was to diversify the company, thereby minimizing any risks associated with owning an individual business. This way, shareholders are partners owning businesses together that may not be generally available to everyone. We especially like the fact that the stock we will buy will come with strong earnings. Some ethanol companies are trading at a price to earnings ratio of 50 (reference MGPI), however, we are able to buy ethanol plant shares at a P/E ratio of about 12. This will not only add earnings, but if the market is even remotely efficient it will add value to the company's intrinsic worth."
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
---------------------------------------------- James Monroe Capital Corporation Northbrook Chris McGovern 847-418-3848
-------------------- "No nation was ever ruined by trade." Benjamin Franklin
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wow. That's scary stuff. I guess when we see bashers enter the chat board, it must mean that the stock has some potential to move up. And, for some reason, these guys don't want it to move up yet.
-------------------- You can't afford to risk, what you can't afford to loose.
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quote:Originally posted by beechwood: I'm all for ethanol E85. However, I have my doubts as to the sincerity of the current administration's commitment to same. Especially when they've made their fortune in big oil and Exxon/Mobile are posting record profits. That said, I'll watch from the wings for awhile.
posted
QC it has to do with the ASK and the BID price the stocks value will go to .0002 on the ask (the price you can buy it at) and still .0001 on the bid (what you can sell it for) You tracking on this?
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