posted
At this point I’m not concerned about the F/S because when it comes to the R/T dividend, the payout will be the same. You will just have more shares if ever you wanted to sell. The bad thing about the F/S is that there will be so many O/S that the pps will be hard to move, but the good thing is that with the mega shares, that would eliminate shorting. You may not be able to sell for a while, but you will still make money from the R/T. Then once they start the buyback, the pps at some point will begin to rise again. Sounds like they have a good plan to me.
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I guess the best thing now is to wait and see. The forward split is great thats free money. Then will see who's realy in for the long investment.
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quote:Originally posted by ScottSA: I just don't understand it...all this volume and the stock price just sits there. What can be wrong? Maybe the forward split will help.
This thing had a volume of 1.2 BILLION a week or so ago, and the price did not move.
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Rob: I agree...Frankie has a great plan, and it seems to be working. His plan is to party for a week while issuing mysterious PRs about secret meetings with secret "partners", in hopes that he can suck a few more fools into this ridiculous money drain.
God God, did no one learn anything from him telling you all to your face that he drove your money into the ground on purpose?
-------------------- Opinions are not facts. Never, ever, ever, fall in love with a stock.
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Well I have to agree with both sides of the argument. I would love to see this go "to da moon". I think that we all would. BUT we also have to look at the past. When i got into this stock in early September last year I was very optomistic. I was reading that this company ownes a smaller one or was at the least affiliated with a company called Diversified ethonal.(sorry for the bad spelling). I was a complete newbie listening to my friend who is also a member of this board. We were very green when it came to the stocks. we did a little DD and we both thought," wow ethanol, what a great money maker." and the way that is was sounding that this company had a real good grip on the whole thing. So we sat there dreaming what it would be like to own a stock, bought at sucha low price and if it just went to $.10 I could pay off my house on the small investment that I put in. But then you realize a little bit more when you watch a stock that has gone pretty much nowhere in a YEAR. and if I were to sell,(meaning if I could sell), I would just lose money with the commission I would be paying to scottrade. Now you look back at the year and you see that the original plan witht the whole alcohol for fuel thing is gone. Where did the plans go? out the window? Then you read about the ONYI stock dividend....I thought wow at least it will pan out something. But I got the shares and they are restricted. They have gone down pretty fast. by the time the restriction is lifted I could sell them but I will not get anything for them. then they go on to changing CEO's and more promises are made. Now JMCP is not only getting chased around the world but we are now venturing into UFC? I can see where the disbelief comes from. I have been reading both sides of this thread. And both sides do make pretty good sence ,SOMETIMES. Some people that I will not mention speak greatly about it when there is a good PR and then when things sound like they are a little shady the same people will talk badly about it. Unfortunately this was the first stock that I bought. I did buy a couple of other ones that have not done well either. So what ever I say, please take with a grain of salt. Unfortunatly to all that are in this we are in it for the long haul weather you like it or not. You can't sell anyway and that is the risk that we all took in the beginning. So if we are going to get rich because of Oil or fighting so be it. what other way do you have to look at it. You own a stock that has promised the moon and hs given you mud. But either way we really can't do much with it. But wait and see. IMO I think that we might never see this dividend. My doubts started when the post from the guyt that went to the address of JMCP and didn't see anything to great, but a printer a pile of mail and some paper in the window. If I could have sold right then and there I probably would have. So I will stop this usless banter and just leave in this note. If we ever get to the moon I will personally throw a bash at my estate, and you are all invited. I would like to listen to the conversations that would take place when we were all face to face. Maybe we could start our own ultimate Fights. Well GLTA
-------------------- I wish aliens would come down from space & make me thier pet I would like a bed with my name on it
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LOL,FOR SURE IT BE ENTERTAINING!WE CAN RECORD IT AND SELL IT TO PAY-PER -VIEW,TO MAKE ENOUGH MONEY TO REPAIR YOUR ESTATE,THAT WOULD BE THE PARTY OF THE CENTURY.
posted
Very well said Boneyard. I know with some startup companies, they fail the first few tries, but the successful one just keep on trying. That's what I like about Frank, he seem to be a real entrepreneur. He started with Fat Frank hot dog and has done various businesses since then. I feel that this time around he might have come across a plan that really works. I already know the risk, so for bashers to continue bashing is just ignoring. I’m here for the big payoff no matter how long it takes. As long as they continue to try, I’m hanging in there. I reviewed the 5 possible outcomes and risks below before getting in and decided the risk was worth the investment. 1) This could be a scam. We’ll just have to deal with that later. 2) This could be all legit, but the deals just may not be successful. 3) This could drag on for months or even a year before being a success. 4) This could really be a success, but shareholders are left out in the cold. 5) This could work out as they have stated and I just might get rich.
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LOL red, I was thikning the exact same thing. I got though it by highlighting one sentence at a time with the mouse. But yeah, for future reference jeep, it's tough to read a post that way.
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Let's assign some probabilities: 1) This could be a scam. We’ll just have to deal with that later.: 99.9% 2) This could be all legit, but the deals just may not be successful.: 0.1% 3) This could drag on for months or even a year before being a success.: 0% 4) This could really be a success, but shareholders are left out in the cold.: 0% (or 100% if you count "success" as Frank dumping shares on all of you and laughing all the way to the bank) 5) This could work out as they have stated and I just might get rich.: 0%
quote:Originally posted by TopRob: Very well said Boneyard. I know with some startup companies, they fail the first few tries, but the successful one just keep on trying. That's what I like about Frank, he seem to be a real entrepreneur. He started with Fat Frank hot dog and has done various businesses since then. I feel that this time around he might have come across a plan that really works. I already know the risk, so for bashers to continue bashing is just ignoring. I’m here for the big payoff no matter how long it takes. As long as they continue to try, I’m hanging in there. I reviewed the 5 possible outcomes and risks below before getting in and decided the risk was worth the investment. 1) This could be a scam. We’ll just have to deal with that later. 2) This could be all legit, but the deals just may not be successful. 3) This could drag on for months or even a year before being a success. 4) This could really be a success, but shareholders are left out in the cold. 5) This could work out as they have stated and I just might get rich.
posted
That's very funny PCola, but why do you believe so strongly that there's no chance of this being a success? Do you have some facts to back up your claim?
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I'm sure there have been some success stories out there and if not, there's always a first. Also, I consider a success as having the pps to increase by several hundred % even if only for a few days. Here are a few success that I have been following:
GRUS from .0004 to .012 in 2.5 months ACGI from .009 to .52 in 8 months INNO from .37 to 2.45 in 4 months ETLC from .009 to .125 in 4 months WWAT from .14 to 2.52 in 9 months
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Did they have floats of 90 billion and a CEO who proudly announced that he had taken the stock as low as it could possible go on purpose? What do you think would happen to...say microsoft...if Bill Gates announced that he was instituting the brilliant plan of taking the stock as low as possible so he could "start over with a clean sheet?"
We already know the financial acumen of Frankie Love by the fact that he supposedly bought a oil field or whatever but can't afford to pump it. That's like deciding to start a moving service, buying a 1 ton truck, and then having to sell parts of it to afford the gas. Basically as dumb as mud. Assuming he's even telling the truth, and that's a big assumption.
-------------------- Opinions are not facts. Never, ever, ever, fall in love with a stock.
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Oh, make no mistake, there are plenty of "successes" if that's your criteria. And 99% of them are due to pump jobs, not the company having any real value.
However, you are constantly talking about this being succesful as in Frank has the oil he says, will pay the dividend he says, etc. That's the success that I am saying has a 0% chance of occurring. Yeah, it's possible, and I'd even say likely, that this will run someday if a R/S doesn't come first. The point I'm always trying to make is that you're trying to tell people this is a good investment because of fundamentals, and I think that's a load of crap.
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Too bad you guys didn't make the bounty list, but I wonder just how much Frank would pay for you guys head. Maybe $5, $10. Wow, that could pay the commision on another JMCP share purchase. Keep trying guys and maybe you're make the list and actually be worth something one day.
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volume is very low today!! but we exspected that would be the case. supposed to have a PR on friday AFTER the bell so monday there could be a volume pop or SEC suspension depending what is released. any bets????
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BW — Bid Wanted OW — Offer Wanted Unpriced — Market Maker is interested in the stock but has not given a price and size
Some stocks will not have a best bid and ask. To display the best bid and ask there must be two Market Makers with priced orders. If they're Unpriced, BW or OW, the best bid and ask will be blank.
quote:Originally posted by TopRob: Duh Stockcop, I'm impressed, you actually just found out what "duh" mean. Your next assignment is "ignorant" then "stupid".
So when are you coming over ? I need a model.
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You all might want to chill. You are arguing over the future and you don't have control over it. Anyone holding this stock can't sell. You can try but it takes some time. Most of us or at least me, will either make a lot of money here or I will loose a little. No big deal. Think positive and invest wisely. good luck.
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JMCP Corp. (Pink Sheet JMCP) James Monroe Capital Corp. Announces Buy Back of Common Shares up to .01 (Penny) in the Open Market PALM BAY, Fla., Aug. 28 /PRNewswire-FirstCall/ -- JMCP Acquisitions Corp. (Pink Sheets: JMCP) CEO, Frank Love announces, 'A buy back of common shares plan has been preliminarily adopted. The common share buy back plan will be conducted in the open market at a price per share of up to .01 (penny) from the monthly Royalties generated from our vast oil well projects.'
Frank Love further states, 'This is a great day for James Monroe Capital Corp.'
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Actually Scott it is NEW news ... see the date? here I'll paste it for you... see.. it says today?
JMCP Corp. (Pink Sheet JMCP) James Monroe Capital Corp. Announces Buy Back of Common Shares up to .01 (Penny) in the Open Market PALM BAY, Fla., Aug. 28 /PRNewswire-FirstCall/
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Hmm, I think you forgot "Back up the truck/load the boat", "I'm going all in at market open tomorrow", "Where should all the longs meet up for a big party?"
Seriously though, is this really news? You've been saying forever now that Frank said they'd be buying back shares, and now he is saying again that they'll be buying back shares. Aside from the fact that it was released today and is therefore "news", is it really news? He didn't say when they'd start buying back, or if they've started, or how many shares they'll be buying, or really anything of any worth. Buying up to .01 means they won't pay more than a penny for the stock. I could say I'm buying a new car next week for up to $500,000, when I really plan to spend $20,000. IOW, seems like a fluff PR, and nothing more.
I do wish you luck, but without more details, I'll still be sitting this one out.
quote:Originally posted by TopRob: Wow! the buyback will be a huge success.
"We'll gonna get rich now $$$." "To da moon JMCP" "This is a good investment after all" "Better load now before the R/S"
Hey PCola, did I leave any of your favorite slogans out?
posted
PCola, as much as you bash this stock, you might as well load up cause you can't seem to stay away. I know it seem too good to be real and it could be a trick to lure more buyers, but you just never know. I'll take my chances that it just might be real and worry about the class action lawsuite later if this is a scam.
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Let me answer a few things . First they cover their butts legally . They have announced publicly their intention of buying back shares . And obviously their not going to give a date . They prefer to buy on the lower pps and get greater value .
And by now putting out this pr they do not have to mention it untill after times when shares might be bought . As for the statement { up tp .01 a share } I think that is for the marketabilty of the pr . I'm am sure their prefered price to buy back shares is much lower . And we are their anyhow . The .01 mark is now also a legal limit to what they must buy at .
We would always like more information . but this is a good piece . I said this before . I am absolutly sure they have intentions of raising the value of this stock .
Can they do it and will it happen is what we are interested in .
Now everyone drink up . Rush healthy soda for everybody ... even Scotty
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