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That is a great report - investers like me want to see results and this is very good news.I don't care about outstanding shares i think a lot of it will be gobbled up by cooperate bus.once word of this leaks out i thik this will shoot up.FINALLY
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Really Looks Gr8..... Removing my sell order of .0002 will let it run up some b4 selling... I think we may "Now" have a winner <:} Up and Away!
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i think they are now ready for a big news but it will be for ONYI and not for JMCP. what do you think, can JMCP move if ONYI is making $$$, i dont think so. now, they are listed on otcbb and thats what they want, jmcp is gonna die soon. maybe some kind of merger like 1 ONYI share for 100 000 JMCP. anyway, im still holding 10 000 000 because i was unable to sell and i will wait to see if it move
-------------------- dont drink and drive!!!
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quote:Originally posted by Hitman: Really Looks Gr8..... Removing my sell order of .0002 will let it run up some b4 selling... I think we may "Now" have a winner <:} Up and Away!
just cancelled my sell order as well, do you really think that we can see .0004?
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James Monroe Capital Shareholder Meeting Called ``Awesome Success``
November 02, 2006 08:30:24 (ET)
CHICAGO, Nov 02, 2006 (BUSINESS WIRE) -- James Monroe Corporation (Pink Sheets: JMCP) held its 2006 shareholder meeting on November 1, which, according to 100% of those attending, was a success. 80% of those attending even called it an "awesome success."
The tour revealed that Diversified Ethanol's plant has made progress faster than forecasted by the engineer, with construction moving more quickly than some legal permits. Electricians and steel workers were busy working during the meeting. The tour also revealed a factory geared up to efficiently mass produce ethanol plant components, with raw materials coming in one end, and finished components going out the other. Shareholders who visited many of the local properties were very pleased, and there was much talk of increased positioning.
In addition to shareholders, also attending were Bob Johnson, Vinton Lewis, and some new faces, including the senior loan officer from Bradford Mortgage. A total of 21 people attended the meeting.
Other interesting information from the voluntary survey of visiting shareholders who attended the meeting: 80% said they would like to see the company declare a stock dividend of ONYI shares, with 20% undecided. 75% of those in favor of a stock dividend said they would like to see that stock restricted (that is, no "dumping") to help the stock rate better with analysts. For short term 60% gave JMCP a rating of "Strong Buy," with 40% stating, "Hold." For long term 80% gave JMCP a rating of "Strong Buy," with 20% saying, "Buy."
Company president Chris McGovern reviewed and explained the company ethics & principles, which are listed on the company web site. Taylor Moffitt made some special announcements, including that the building that houses Diversified Ethanol has been paid off and is now debt free. Amid anticipated growth, the company is preparing to outgrow its current buildings, and has been in negotiations regarding the purchase of a much larger office building, although no plans have yet been made. Moffitt also mentioned plans to cater to customer requests to design a larger ethanol plant to add to Diversified Ethanol's lineup. Moffitt announced that the company would be switching to a high-tech secure digital system of bookkeeping, with hard backups. The new system will facilitate mergers and acquisitions, and save money.
The nearly 2 hour-long meeting was recorded, and will be available on the company web site, at www.diversifiedethanol.com within the next few business days.
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, IL Chris McGovern, 847-418-3848 Copyright Business Wire 2006
-------------------- LIFE IS 10% HOW YOU MAKE IT AND 90% HOW YOU TAKE IT!
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Well I think that they should really be pushing a buy back on this stock. Because if they keep releasing good news for ONYI and not jmcp. Then I think that they will leave this stock in the dust and let it fall off the face of the earth. I am sorry to be sounding that way. It makes me made how our money helped them do all of this and yet if they don't do anything to help this stock then they just robbed us of our $$$. So I am sorry to sound the way that I do I think that we should start aggresivly pussing a buyback since they are making all of this money. Because this stock is the corner stone of this stock. So I push for a buy back of shares.
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They did a buy back and then went ahead and diluted the living sh*t out of the stock. The only hope for JMCP is a reverse spilt to dramatically reduce the share count.
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Well I think that they should really be pushing a buy back on this stock. Because if they keep releasing good news for ONYI and not jmcp. Then I think that they will leave this stock in the dust and let it fall off the face of the earth. I am sorry to be sounding that way. It makes me made how our money helped them do all of this and yet if they don't do anything to help this stock then they just robbed us of our $$$. So I am sorry to sound the way that I do I think that we should start aggresivly pussing a buyback since they are making all of this money. Because this stock is the corner stone of this stock. So I push for a buy back of shares.
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Sorry for the same post again. But they need to do a buyback of 10 billion shares and do a reverse split and that would really do something for this stock. But they need to do something for this stock. After they correct it they don't need to dillute this stock ever again. I wouldn't mind a 1/100 reverse split to this stock.
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James Monroe Capital Pursuing $16 Million Stock Dividend Wednesday November 8, 8:30 am ET
CHICAGO--(BUSINESS WIRE)--James Monroe Corporation (Pink Sheets:JMCP - News) decided in a meeting of its directors that the company is going to pursue paying a stock dividend to its shareholders. The company has engaged counsel to review state statutory requirements for the issuance of the dividend, whether the company qualifies for an issuance, and other compliance matters. The directors would like to issue 22,886,190 shares of common stock of Originally New York, Inc. ("ONYI") that the Company received earlier this year as consideration for the purchase of some assets. This would translate to approximately 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, based on Tuesday's closing prices. ADVERTISEMENT
The stock is unregistered and accordingly would be restricted. Restricted stock cannot be sold for a period of time, such as a year or two. This protects shareholder value. Following the holding period, restricted stock is also subject to selling limits proportionate to the size of the company. This also helps to protect share prices.
James Monroe Capital President Chris McGovern said, "As we have said all along, we are here to serve the interests of our long term shareholders. We are interested in long-term, aggressive growth. We will keep everyone informed of our progress with this new pursuit to the fullest extent possible."
ONYI has a subsidiary, Diversified Ethanol Corporation, with a web site that is www.diversifiedethanol.com. The Company is in the business of constructing and manufacturing ethanol plants for resale and for its own use. ONYI is developing a new web site, which will closely resemble www.jamesmonroecapital.com. McGovern, who is also the President of ONYI, has committed to issuing press releases to keep the public informed of news and events as ONYI steps-up efforts.
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, Northbrook, IL Chris McGovern, 847-418-3848
-------------------------------------------------------------------------------- Source: James Monroe Capital Corporation
-------------------- I just want to make enough money to be eccentric.
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I am very upset with this stock. Because the CEO is making 2 very bad investments. They could have taken that 16 million and bought back 16 billion shares. Hey, but what do I know. I think that all of this investing into other companies is just a scam. Why does it seem that with all of these penny stocks end up the same way. I think that we should have a shareholder vote and vote me in as the CEO. I would do a far much better job for this stock. Because all of this bull crap investments into these other companies they should have used the money to reinvest into the company A) Buy back shares w/ a reverse split or B) Buyback shares. A good CEO would have taken the money and reinvested it into their company. But that is about it. Let me know if any of you feal the same way about this situation.
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quote:Originally posted by jmr19822001: I am very upset with this stock. Because the CEO is making 2 very bad investments. They could have taken that 16 million and bought back 16 billion shares. Hey, but what do I know. I think that all of this investing into other companies is just a scam. Why does it seem that with all of these penny stocks end up the same way. I think that we should have a shareholder vote and vote me in as the CEO. I would do a far much better job for this stock. Because all of this bull crap investments into these other companies they should have used the money to reinvest into the company A) Buy back shares w/ a reverse split or B) Buyback shares. A good CEO would have taken the money and reinvested it into their company. But that is about it. Let me know if any of you feal the same way about this situation.
lol!!! welcome to pennyland.
-------------------- dont drink and drive!!!
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Too funny... where else but pennyland can you announce a divident, have over 400 million in volume just 3 hours into market, and still not change the share price?!!!! LOL!
-------------------- Life is like a roll of toilet paper. The closer it gets to the end, the faster it goes.
posted
jmr, you are right. The company could have just kept the money in total assets and applied it the market place to make a profit.
As for the CEO thing, "vote me in as CEO", start your own company, install yourself as CEO and build total assets. Don't rely on the whims of anyone else.
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quote:Originally posted by HossTrader: LOL A r/s by any other name...
How's this a reverse split? We're not losing our JMCP shares.
Yep, and the billions of shares of JMCP now will own a small fraction of onyi, which is what now owns diversified ethanol and where all the action will be. So our jmcp shares will be virtually worthless (like now) and the only possible action we will see will be from the shares we get in the new structure at a 200-1 ratio over our current position. So we are left with fewer shares of a smaller portion of the pie. just like in a r/s
-------------------- I just want to make enough money to be eccentric.
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quote:Originally posted by HossTrader: LOL A r/s by any other name...
How's this a reverse split? We're not losing our JMCP shares.
Yep, and the billions of shares of JMCP now will own a small fraction of onyi, which is what now owns diversified ethanol and where all the action will be. So our jmcp shares will be virtually worthless (like now) and the only possible action we will see will be from the shares we get in the new structure at a 200-1 ratio over our current position. So we are left with fewer shares of a smaller portion of the pie. just like in a r/s
Thanks. That makes sense, although it will be a good thing for JMCP right up until that div is issued, right? Hopefully by then we will have some good news on other JMCP projects in the works.
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welcome to pennyland.
