Order No. ENF-05-CDO-1593 In The Matter of Fat Franks Chicago Style Hot Dogs LLC AKA Fat Franks Chicago Style Hot Dogs & Sausages LLC AKA Fat Frank's Chicago Style Hot Doges & Sausages AKA Fat Franks; Love Resources & Exploration; Frank T. Love http://www.ssb.state.tx.us/Enforcement/files/1593.pdf
http://sos.state.nv.us/ ...Commercial Recordings--Business Entities Search ...Entity Name 'Obion', 'Fat Franks' ...Officer Name 'Frank Love', 'Anthony Gouveia'
posted
This latest PR is the best news ever. It's just too good to be true. Load up and get ready for the ride to riches $$$.
However, if this is all just BS to dump shares, I would say rather than singing to the bank we will probably be watching Frank and his partners on court tv.
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" KILLEEN, Texas, Apr 17, 2007 (BUSINESS WIRE) -- James Monroe Capital Corp. (PINK SHEETS:JMCP) announces it has entered into an agreement to purchase the building housing its headquarters located at the following address: James Monroe Capital Corp. 314 E. Ave. B Killeen, TX 76543 Frank Love, President of James Monroe Capital Corp., stated, "Purchasing the building that houses our oil company just makes perfect sense.""
I didn't know that you could buy a public phone booth, LOL. Or maybe this is a fancy way of saying that that they'll continue to use the old BP gas station as their HQs....At least until we make it to NASDAQ, LOL. At least those millions of shares look inpressive in my Ameritrade account, unless you look at the price. Maybe I should get the certs and frame them next to my ones for CMKX (but that's another story altogether.) If nothing else, our ONYI divies are looking good, LOL.
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Why buy when you can lease. In the immortal words of Rodney Dangerfeild in Back to School:
"Hold it, hold it. Why build? You're better off leasing at a buck and a quarter, a buck and a half a square foot. Take your down payment and put it into CDs or something else you can roll over every couple of months.
Oh, you left out a bunch of stuff. First of all, you have to grease the local politicians for the sudden zoning problems that always come up. Then there's the kickbacks to the carpenters. And if you plan on using any cement in this building, I'm sure the teamsters would like to have a little chat with you, and that'll cost you. Don't forget a little something for the building inspectors. There's the long-term costs, such as waste disposal. I don't know if you're familiar with who runs that business...but I assure you it's not the boy scouts.
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They are not going to build a new building or move into another one. They are buying the building that the oil company already occupies and making it their headquarters. It's possible that the mortgage could actually be lower than the current rent. Also Rent can be raised each time the lease expires. Buying means that they are in this for the long term and feel strongly about the future, so I see this as a big plus for JMCP.
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CHIT KING, I THOUGHT ABOUT THAT BUT JUST THOUGHT KNOW WAY CANT BE, THAT FAT F--K WAS JUST ABOUT DEAD WHEN I SAW HIM, YOU SAYING ITS THE SAME GUY?
-------------------- LIFE IS 10% HOW YOU MAKE IT AND 90% HOW YOU TAKE IT!
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quote:Originally posted by TopRob: They are not going to build a new building or move into another one. They are buying the building that the oil company already occupies and making it their headquarters. It's possible that the mortgage could actually be lower than the current rent. Also Rent can be raised each time the lease expires. Buying means that they are in this for the long term and feel strongly about the future, so I see this as a big plus for JMCP.
Like I said earlier, how much rent can someone possibly charge for a phone booth. Probably got a good deal however, since it's only 4 sq ft, LOL.
It's money that could have been spent on better things. You rent until you can afford to buy, and at 0.0001 they don't deserve to own their own office building, regardless of the cost savings. Now our assets consist of a worthless building in podunk TX and maybe a rotary telephone. Whoo hoo, look out NASDAQ here we come, LOL.
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Time will tell if this is a scam or not. No one can get out at this point anyway, so we might as well hope for the best. If the oil deal is real, then all is ok. If they have been lying, then lets sue their pants off and that wouldn't be hard to do since the PR clearly says "Now that we are a 100% bona fide Oil Company with several large Oil deals signed and sealed,...".
With all the past failed or scam companies that Frank has controlled, maybe he has finally learned how to put together a real legit company.
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Sorry to say it is a scam, I have been doing this for years now and 90% of these are scams, But its how you play thier game that makes you money!!!
-------------------- Trading is a blast!!
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About a year ago a friend started me in this penny stock. He said look for matto. matto is good at this. I agree,I do think they will slip and run again briefly it's just a matter of be lucky and haveing your sell price correct. Other then that its a crap shoot.
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Thank you Yankee and I hope to post here alot more often. I am just a bit busy right now. I am still playing but not posting. Very soooooooooooooooon untill then good luck!
-------------------- Trading is a blast!!
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James Monroe Capital Corp. Appoints Directors to Have a Complete Management Team
Apr 19, 2007 12:56:22 (ET)
KILLEEN, Texas, Apr 19, 2007 (BUSINESS WIRE) -- James Monroe Capital Corp. (PINK SHEETS:JMCP):
James Monroe Capital Corp. President Frank Love, states, "We have appointed Directors to form our management team. Heading up this management team is Chief Financial Officer Anthony (Tony) Gouveia, followed by Secretary-Treasurer Alex Desousa and Chief Operations Officer Kamran Khan."
Kamran Khan is a well-known businessman and athlete in the USA and around the world. In 1971 Kamran Khan came to the U.S. to continue his higher education. In 1972 he earned his Masters Degree in International Relations from Villanova University, and immediately was offered a position in International Banking at Fidelity International Bank, where he worked for several years before starting his own businesses. In recognition of his outstanding abilities for building and running successful businesses, he was elected the President of Bryn Mawr Business Association.
Besides his tremendous success as a businessman, Kamran Khan has a remarkable history as an athlete. He has the distinct honor of representing the United States National Cricket Team for 20 years as Captain and Co-Captain. His personal cricket achievements account to over 100 trophies, including All-World honors, Man of the Match, Best Bat, Best Bowling, 4 ICC trophies, and a Hall of Fame in 2000.
He was the President of the United States Cricket Association for two years. As a president of the USA Cricket Association, Mr. Khan developed, coordinated and promoted a wide spectrum of activities and projects for the betterment of cricket in America.
In 1972 Kamran Khan became the Head Cricket Coach at Haverford College, where cricket has been played for over 150 years, and continues to coach cricket at this premier institution for 35 years, maintaining the college's historic tradition in the sport.
Mr. Desousa has 12 years of Accounting, Auditing and Finance and 7 years of Database Management consulting, Credit and Risk Management, Financial Analyst, Business Analysis and Project Management. Most of the consulting work has been for well-known companies such as Verdi-Rock Real Estate Development, Rogers and AT&T, Manulife Insurance (Hancock), Direct Energy (Energy America in Georgia and Power Republic in Texas) Hewlett Packard, Canadian Imperial Bank of Commerce, TD Securities (TD Waterhouse), RBC for offshore investments (Bahamas, Cayman, Barbados, Miami and Singapore) and AutoDesk Software Development.
Mr. Desousa has a well-diversified experience in several industries from his accounting and auditing in the early nineties to his present position as business analyst and project manager.
Mr. Desousa has great knowledge of experience in the area of property management, real estate development, energy, mutual fund management, logistics, insurance and banking, software development and software consulting.
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 Corp.
James Monroe Capital Corp., Killeen Frank Love, 254-458-0473
posted
A management team, thats good news, but for a company that just bought an oil company, they sure aren't saying anything about it. I sure would like to know some of the details and when they will start buying back shares.
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Zzzz...Maybe they have decided to give up the scams and use that money to actually buy an oil company. (Zzzz, Don't wake me now, I'm in the middle of a dream) Who knows how many strong stable companies today was once started by crooks. We could be on the ground floor of a major new startup company. Zzzzzz
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One think that they have stuck with is no ReverseSplit - as long as they stick with that - at least we have a possibility of making money.. I still hold 3 million shares at .0001 and holding them ... as a lotto ticket
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close Email this News Article Your Name Your Email Friend's Name Friend's Email Receive Copy: yes
JMCP 0.0001 0.00
Today 5d 1m 3m 1y 5y 10y
James Monroe Capital Creates a Subsidiary Frank Love, President of James Monroe Capital (PINK SHEETS:JMCP), is pleased to announce the formation of a wholly owned subsidiary named "JMCP Acquisition Inc."!
Frank Love states, "We needed to create this subsidiary to place some assets in. The subsidiary was formed in the State of Florida. We needed the assets so that we could get favorable terms on our financing. The financing was used for our oil deals.
"Details of the asset placed inside of JMCP Acquisition Inc. will be announced shortly. I appreciate your enthusiasm and all will be revealed!"
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.
posted
Could be a good thing depending on the value of the assets. It's good to know that at least they have assets and not solely dependent on diluting. This is becoming very interesting, as they seem to be organizing a new company.
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"Listed Compensation for Investor Relation Services
James Monroe Capital Corporation: 6 Month Investor Relation Contract * $2500 per month. In addition 2% of the preferred stock already issued with a non-dilutive clause."
Just another paid pumping firm, not independent analysis.
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It Looks good ayguy.Hopefully they can move.The O/S shares are too high.They will need a huge buyback program or something and if they don't they will have to reduce shares which will probably mean a R/S.
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That investment site doesn't look to professional, but it's exposure, so that helps. Frank stated in a previous PR that they would take proceeds from the oil deal to buy back shares. It looks like the oil deal is a done deal, so they are probably in the process of wroking out the share buy-back plans.
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They never mentioned that the oil deal went through. I doubt it did, as they would have said it was done by now. All they've done is arbitrarily mention oil assets in some recent PR's.
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quote:Originally posted by mindspin311: They never mentioned that the oil deal went through. I doubt it did, as they would have said it was done by now. All they've done is arbitrarily mention oil assets in some recent PR's.
Remember this:
James Monroe Capital Corp. (JMCP) Announces Its Chief Financial Officer Monday April 16, 10:56 am ET
KILLEEN, Texas--(BUSINESS WIRE)--James Monroe Capital Corp. (PINK SHEETS:JMCP - News) President Frank Love, stated, "Now that we are a 100% bona fide Oil Company with several large Oil deals signed and sealed, it's time to announce who our Chief Financial Officer is." Mr. Anthony (Tony) Gouveia CFO:
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