quote:Originally posted by Ripler: just tried and found out placing orders for JMCP is restricted online using TD.. you must call in.. to place in order took me 45 minutes.. B*llsh*t!
Are you saying you actually BOUGHT jmcp through TDAMERITRADE??? YESTERDAY???
quote:Originally posted by Ripler: just tried and found out placing orders for JMCP is restricted online using TD.. you must call in.. to place in order took me 45 minutes.. B*llsh*t!
How much more did it cost to phone it it?
I asked when buys will be allowed again and here is their response.
Thank you for your e-mail. TD AMERITRADE has made the business decision to not allow opening transactions on this security. While we cannot go into the specific reasons for this restriction, we strongly believe it's in the best interests of our clients and our firm. You can still place closing transactions. At this time, there is not a set timeline for when/if the restriction will be removed. If you have any other questions or concerns, feel free to e-mail us or call 888-871-9007 at your convenience. Thank you for choosing TD AMERITRADE.
Apex Client Services, TD AMERITRADE Division of TD AMERITRADE, Inc.
IP: Logged |
posted
People are loosing money every day on scam stocks and they (TDA) don't say a word, so why are they so concerned about this one. They must be hiding something, maybe to many illegal short positions? Well they have until June 1st to get it straighten out or they will be pumping up big bucks.
IP: Logged |
posted
***********.com: ***********.com In The News (Pink Sheet: JMCP) James Monroe Capital Corp. 05/24/2007 11:30:08 May 24, 2007 (M2 PRESSWIRE via COMTEX News Network) -- ***********.com "In The News" (Pink Sheet: JMCP) "James Monroe Capital Corp."
James Monroe Capital Corp.defines Royalty Trust
James Monroe Capital Corp. date of record for the Royalty Trust is June 1, 2007
Frank Love states, "Royalty Trust hold investments in operating companies. Royalty trusts buy the right to royalties on the production and sales of Oil Companies and pass on the profits to the trust shareholders."
Frank Love further states, "Royalty trusts are looked at because they promise high yields. They are attractive to Companies wishing to sell cash flow producing assets because royalty trusts provide higher sale prices."
Frank Love goes on to say, "Example, JRT Oil Company has matured oil wells with known well rates of production and 48,000,000 barrels in reserves. The company estimates that it will produce and sell two million barrels a year for the next 24 years at a price of $60 per barrel (thus $120 million per year). JRT wants to sell the wells, but an investment banker suggests that JRT utilize a royalty trust, so JRT sells all the oil wells to a trust, the JRT Royalty Fund. JRT receives a payout from the investment bank and will still manage the company for a fee.
IP: Logged |
quote:Originally posted by Ripler: just tried and found out placing orders for JMCP is restricted online using TD.. you must call in.. to place in order took me 45 minutes.. B*llsh*t!
Are you saying you actually BOUGHT jmcp through TDAMERITRADE??? YESTERDAY???
Yes, is this true???
I am in Canada using TD waterhouse.. I placed an order by phone, but it did not go through. They told me I can keep trying to place orders everyday and there is no problem, but I have to call in. She put me on hold 3 times for 5-10 minutes.. it was extremely annoying and "fishy".. After putting me on hold she did not want to answer any more questions and she tried to get rid of me..very unhelpful.. I knew she was hiding something
quote:Originally posted by madmoney: what are you talking about!! the largest trade was for 9 million, lots of those going through!! volume 405 million B/A zip! X .0001!!
You don't see it, 100M at 13:04, then 44.5M at 13:06. I would say someone is taking this very seriously.
posted
I have a lot of this one ...... I wonder if they just paid a divy .... 4000 shares of some philipine alternative energy company just showed up in my account .
I can not write about share structure at this time. I think Frank will address it soon once he makes a couple announcements before he does.
I would watch for a press release from JMCPCorp soon about Royalty Trust.
Harold Engel Chinook Investment Group
-------------- Original message -------------- From: XXXXXXXx
Hello Harold,
I e-mailed a few days ago in reference to share structure….. I still have yet to receive a response.
I am also a little concerned going into the trust date of 6-1-2007 without having any news from any of you all since the 22nd.
Can you please reply and give some ideas as to what is transpiring? Or when can we expect another update?
Below is my last e-mail.
Thank you Harold.
***************
Hello Mr. Engle,
I think, sir, that you have done a great job getting the word out. I have been in this stock since it was CWMF and we were going to be a hurricane play. Hehehe.
At that time the share structure was much different than it is today. Guthrie made some $$$$ diluting and then sold to Ryals, which was going to be a real estate play, and she even further diluted and then we all know what happened to Moffitt and McGovern. So last we knew there was about $47 Bill in O/S. I have posted the question below that everyone, as you stated, wants to know the answer about.
You know it and I know it, that NO ONE will be able to accurately valuate a company without knowing the exact share structure. And if it has been raised to 100 Billion like everyone thinks than we need to know this now. More importantly we need to know what is outstanding so we CAN depict a value to our company. I am impressed with the moves that have been made but in light of these great moves….. I am still concerned about the share structure and lack of reporting by Mr. Love about said share structure.
I am and will maintain to be a loyal shareholder. I just am tired of being duped and diluted on.
14) How much is the value of the shares JMCP now with the 270 millions dollars, because I think .0001 does not reflect the correct value of JMCP?
A. This is a good question that everyone wants to have an answer even the company. The only way I can answer this question is the supply and demand by buyers buying shares dictates the trading share price. We believe future press releases with more specific details about JVs and deals completed should allow shareholders a better picture of the direction JMCPCorp is headed. We are running a company building infrastructure and we believe valuation will dictate the price per share.
In addition the $275,000,000 is futuristic valuation and is not realized revenue at this time. This figure was in the May 10th press release and potentially could be much higher. Also this is just one of several JV Proj ects JMCPCorp has in process so the potential revenue could build at an exponential growth rate.
IP: Logged |
posted
Good info New V. It may seem to most that JMCP may be on the border line of Scam city or Deal of a lifetime. I could be wrong, but I believe they are legit and doing the right thing. If their plans are to buy-back shares at .0001, then maybe they are being low key on information to keep the pps down for the buy-back. If they really pump this thing up and the pps went up 4 or 5x, then they probably wouldn't be able to buy back enough shares to make a difference. June 1st is just 2 days away, so I would say, if you came this far, you might as well just sit back, hold your breath and see how well things work out with the Royalty Trust.
IP: Logged |
posted
$1.00, let's be a little more realistic. Let's assumne they have 20B O/S and make $2M extra profit for the dividend. That would calculate to a .0001 dividend for each O/S. So that would be an extra $100 for each 1M shares you own.
IP: Logged |
posted
As you can see, sort of, that their is NO WAY the O/S are up to 100 Billion. Below is the link. The #'s below are YTD up to May 1st ..... only adds up to about 2.1 Billion traded.
posted
It will be a while before Bid goes to .0002, too many turkeys wants a double, probably billions of shares waiting to go at .0002. I would probably try it too if it wasn't for the fact that I can't buy more.
IP: Logged |
quote:Originally posted by TopRob: It will be a while before Bid goes to .0002, too many turkeys wants a double, probably billions of shares waiting to go at .0002
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
![[Frown]](frown.gif)
![[Cool]](cool.gif)
![[Big Grin]](biggrin.gif)
![[Smile]](smile.gif)
