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Well Frank's Gold and Oil plays are starting, I will give him some credit for fulfilling past PR statements.
James Monroe Capital Enters Into a Joint Venture With Strat Petroleum
KILLEEN, Texas, May 15, 2007 (BUSINESS WIRE) -- Frank Love, the President of James Monroe Capital (PINK SHEETS:JMCP), announces that James Monroe Capital has signed a letter of intent to form a joint venture with Strat Petroleum for the processing of sludge in the province of Bashkorstan, Russia.
The terms of this joint venture require James Monroe Capital to provide initial capital funding of up to $1 million, in addition to support based on management expertise in order to capitalize on Strat Petroleum's ability to access several large reservoirs with massive amounts of oil waste/sludge.
Frank Love states, "The amount of sludge that Strat Petroleum has the opportunity to secure is absolutely astounding. This will bring immediate revenue to our company with which to start our buyback of shares and to place in our royalty trust.
"Bashkorstan refines approximately 10% of all of Russia's oil. The refineries then dispose of the 'waste' into these pits. This waste may contain anywhere from 10% to over 80% hydrocarbons due to the age of Russian refineries resulting in inefficient processing. Here lies our business model. We will be extracting the oil from this sludge, utilizing the mobile centrifuge plants and then selling it into the market.
"We will also be doing Russia and the world a valuable service in that we are cleaning up the environment. I look forward to working with the management team of Strat Petroleum."
Sam Hyams, the CEO of Strat Petroleum states, "I am delighted to have the knowledge and contact network in the oil industry Frank Love and his management team have supporting us. Jointly we can attack this business, growing it into a substantial operation."
Frank Love further states, "Please do not call Strat Petroleum's office or James Monroe Capital's office since we have a lot of work that needs to be done in the next few weeks. I will update shareholders via my timely press releases."
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"Frank Love further states, "Please do not call Strat Petroleum's office or James Monroe Capital's office since we have a lot of work that needs to be done in the next few weeks. I will update shareholders via my timely press releases."
Strat Petroleum Reaches Agreement with James Monroe Capital 5/15/2007 TORONTO, May 15, 2007 (BUSINESS WIRE) --
Strat Petroleum, Ltd. (OTC:SPRL), an emerging exploration and development company focusing on oil and gas opportunities in the Russian Federation, today announced that it has signed a letter of intent to form a joint venture with James Monroe Capital for the processing of waste/sludge oil in Bashkorstan.
The terms to complete the joint venture include initial capital funding by James Monroe of up to $1 million, with further funding available upon successful completion of between 2-3 processing plants.
Management's recent trip to the Russian Federation included meetings with local authorities and oil refineries, and visits to a number of new sites for establishment of processing plants. These new reservoirs have greater hydrocarbon content creating the opportunity for much stronger revenues and profits.
Sam Hyams, President & CEO of Strat, stated, "I am excited by this new relationship with James Monroe, as the possibilities for funding opportunities presented in oil waste/sludge reservoirs and support available from the James Monroe team's knowledge, experience and network in the oil and gas industry will be very beneficial to both Companies."
Currently Strat is working on securing licenses for processing oil waste that will allow it to secure 100% of the rights to process the reserves in the reservoir, thus not requiring local joint venture partners.
Strat is pursuing a couple of other projects which will be announced in the near future along with further information on progress regarding oil waste processing.
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Finally a real company on their plate that we can see. This is very good news and with each PR it makes the new JMCP more of a reality every day now. Pretty soon the non-believers will start to take interest. JMCP is really going to be huge, I'm just glad I'm already loaded on this one. I think we may finally see JMCP move from the bottom and it just might happen today. To da moon....
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This may be the funniest thing I've ever seen.
"Frank Love further states, "Please do not call Strat Petroleum's office or James Monroe Capital's office since we have a lot of work that needs to be done in the next few weeks. I will update shareholders via my timely press releases."
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Sounds odd to me....the do not call request that is...
quote:Originally posted by PCola77: This may be the funniest thing I've ever seen.
"Frank Love further states, "Please do not call Strat Petroleum's office or James Monroe Capital's office since we have a lot of work that needs to be done in the next few weeks. I will update shareholders via my timely press releases."
-------------------- "No nation was ever ruined by trade." Benjamin Franklin
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So PCola you gonna save us from the scam of the year, how nice. Now that you have warned us, go run along to the next scam. A con job like this would put Frank behind bars for many years, so I think he has gone to far into this one for it to be a scam. This is the real thing wheather you believe it or not. It's going to rock, but it's just not going to happen over night.
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LMAO, you haven't been around long, have you?
See also: Harris, Rufus Downs, Patrick Pino, Mario Vucacevic, Petar (Or however you spell his name) etc, etc.
This wouldn't even be in the top 100 of scams.
quote:Originally posted by TopRob: A con job like this would put Frank behind bars for many years, so I think he has gone to far into this one for it to be a scam.
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Hey PCola, sounds like you are bashing to buy time for your cash to become available so that you can really load up big time. How many you plan on buying anyway.
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Man, how'd you figure me out so fast? I actually sold all of my baseball cards this week and some of my old shoes to scrape together $100 to buy this stock. I hope it doesn't "explode" before my money clears. yeah, I know I've had like 8 months to buy this at .0001, but I just now realized what a diamond in the rough this one is. Please don't let everyone else in on my little secret.
By the way, I looked at your profile. Just glancing at the stocks you've posted in, have you EVER made money on a stock? You seem to be in all the good scams.
quote:Originally posted by TopRob: Hey PCola, sounds like you are bashing to buy time for your cash to become available so that you can really load up big time. How many you plan on buying anyway.
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Sadly, you're wrong. There are tons of posters that post about how a stock is "going to explode soon", not because it really will, but because they want to create buying pressure so that they can hand their bag to someone else. Alternately, there are plenty of posters who bash a stock because they really do want to get in lower (although this number is far fewer than many would have you believe).
Some of the time the people honestly believe that the stock in question will go up a bunch, but if we truly are to be "in this together" (which I would like), you have to be willing to see the downsides of a stock, and not assume every person who says something bad about the stock is shorting it or trying to get in at a better price.
Always do your DD on the poster who makes a claim, as well as your DD on the company. It'll save you lots of money.
quote:Originally posted by boneyardjeep: WOW AND I THOUGHT THAT WE WERE ALL FRIENDS IN THIS TOGETHER....
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All Bashers I really don't see the thrill in continuing to bash a stock that you don't want to buy. I can think of many better things to do with my time than that. So either you are very sick or you want to see it bottom for your own financial gains. If you are as experience as you claim then you should already know that ALL penny stocks are HIGH RISK so if you really don't like taking chances, why even be the sub-penny topic at all.
However, we all know that once you have shaken enough into dumping out early and loaded all you need, you will probably switch to your pumping ID. So I know a run is coming and we aint leaving that easy.
!!!JMCP is going to explode any day now!!!
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As hard as it seems to be for someone like you to believe it, not everyone here is out to make money at the expense of others. If one inexperienced person sees this thread and buys because they see your "pumps" without anyone posting the potential pitfalls, then we as a community have failed that person. If they now come to the thread see the points that you make for the company to rise and the points that "bashers" make on why they don't see a rise, they then have a good chunk of the info to make an educated decision. I'm sorry that you want all the info to be one sided in your favor, but that's not gonna happen.
I wish you luck, but saying this "will explode any day now" is irresponsible at best.
As to your point that "If you are as experience as you claim then you should already know that ALL penny stocks are HIGH RISK so if you really don't like taking chances, why even be the sub-penny topic at all". You are exactly correct, ALL penny stocks are high risk. I will risk sounding arrogant in saying that I feel that I've become pretty good at playing them, but there are plenty of people who read and post here that have not. If I help one person re-think getting into a stock that has been stagnant for however long this one has been, then I can feel good about myself. If you honestly believe this will go up, then fine, that's your opinion based on your DD, but if you are pumping for the sake of "tricking" others to get in, I hope you keep that on your conscience.
quote:Originally posted by TopRob: All Bashers I really don't see the thrill in continuing to bash a stock that you don't want to buy. I can think of many better things to do with my time than that. So either you are very sick or you want to see it bottom for your own financial gains. If you are as experience as you claim then you should already know that ALL penny stocks are HIGH RISK so if you really don't like taking chances, why even be the sub-penny topic at all.
However, we all know that once you have shaken enough into dumping out early and loaded all you need, you will probably switch to your pumping ID. So I know a run is coming and we aint leaving that easy.
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Not a bad day, volume was good, so JMCP is still alive with Bids on the table. Since it's not moving from .0001, either Frank is diluting to fund the oil deals or some investors are jumping ship (maybe they couldn't take the bashing). But, hey, if he is diluting, he's going to buy them back once the gold revenue starts purring in and remember, it won't be a R/S.
Note: This stock is for the long haul, not the impatient. If sombody is selling, sombody is buying, hmmmm.
!!!JMCP is going to explode any day now!!!
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For those that watch the Nasdaq risk matrix! They must like the idea that JMCP has entered into the Oil Market. Look how LOW they believe the risk is to buy this stock.
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Well Frank's Gold and Oil plays are starting, I will give him some credit for fulfilling past PR statements.
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For those that watch the Nasdaq risk matrix!
