posted
With all the O/S for this in the Billions the only thing that is going to move this is a R/S which i am sure will be comming.24 million shares trading of this is nothing.
Posts: 1086 | Registered: Oct 2005
| IP: Logged |
posted
I believe the .0001 sells are just about gone. The Bid/Ask are both at .0001, that mean someone has probably placed an AON buy that larger than the available sell at .0001. So, when it's gone we will see the Ask at .0002. Next week should be interesting.
Posts: 1269 | From: Dallas, Tx | Registered: Mar 2007
| IP: Logged |
JMCP Acquisition Inc. Completes Acquisition of Gold Company KILLEEN, Texas--(BUSINESS WIRE)--Frank Love, the President of James Monroe Capital (PINK SHEETS:JMCP), is pleased to announce that JMCP Acquisition Inc. has purchased Wales Holding Corporation, the parent company owning, Wales Gold Mining Ltd. The merger is complete pending approval of the Florida Certificate of Merger, expected momentarily. Wales is the Ghanaian-based company referred to in the previous press release dated April 26th, 2007. Wales is an owner in the mineral rights of the 23 square kilometer WD concession along the Ashanti belt.
The Ashanti Belt hosts some of the largest mines in the world, which include the Abbosso, Tarkwa, and Iduaprim mines. These mines have produced millions of ounces of gold.
WD has a world-renowned geologist heading up operations, and frequently outsources a team of highly respected geologists. WD is currently undergoing a 43-101 compliancy through SRK to further verify its positive results.
Frank Love states, “This acquisition by James Monroe Capital brings us one step closer in realizing our goal of finalizing our joint-venture with an oil company. At this time I do not want shareholders calling the company or myself. We are extremely busy and will not reveal any inside information. I will reveal additional information through further press-releases.”
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.
Posts: 1637 | Registered: Apr 2004
| IP: Logged |
posted
JMCP -- James Monroe Capital Corp. Com (20 Cents) COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
JMCP Acquisition Inc. Completes Acquisition of Gold Company
KILLEEN, Texas, May 04, 2007 (BUSINESS WIRE) -- Frank Love, the President of James Monroe Capital (PINK SHEETS:JMCP), is pleased to announce that JMCP Acquisition Inc. has purchased Wales Holding Corporation, the parent company owning, Wales Gold Mining Ltd. The merger is complete pending approval of the Florida Certificate of Merger, expected momentarily. Wales is the Ghanaian-based company referred to in the previous press release dated April 26th, 2007. Wales is an owner in the mineral rights of the 23 square kilometer WD concession along the Ashanti belt. The Ashanti Belt hosts some of the largest mines in the world, which include the Abbosso, Tarkwa, and Iduaprim mines. These mines have produced millions of ounces of gold.
WD has a world-renowned geologist heading up operations, and frequently outsources a team of highly respected geologists. WD is currently undergoing a 43-101 compliancy through SRK to further verify its positive results.
Frank Love states, "This acquisition by James Monroe Capital brings us one step closer in realizing our goal of finalizing our joint-venture with an oil company. At this time I do not want shareholders calling the company or myself. We are extremely busy and will not reveal any inside information. I will reveal additional information through further press-releases."
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.
CONTACT: James Monroe Capital Corp., Killeen Frank Love, 254-458-0473 http://www.jamesmonroecapital.com/ or Harold Engel info*chinookinvestmentgroup.com
Copyright Business Wire 2007
-------------------- LIFE IS 10% HOW YOU MAKE IT AND 90% HOW YOU TAKE IT! Posts: 9276 | From: San Diego CA | Registered: Jul 2006
| IP: Logged |
posted
Wow! Good news just keeps on coming. Two duplicate post, but I like the one with the date in it. This is going to be a good weekend. Glad I'm stacked, but I wonder if I'll be able to load a few more Monday at .0001.
Posts: 1269 | From: Dallas, Tx | Registered: Mar 2007
| IP: Logged |
posted
TopRob: Stockhouse posted it at 3:59 p.m. What do you think happens Monday?
quote:Originally posted by TopRob: Wow! Good news just keeps on coming. Two duplicate post, but I like the one with the date in it. This is going to be a good weekend. Glad I'm stacked, but I wonder if I'll be able to load a few more Monday at .0001.
posted
Bigrod, I think we will see more of the same high volume on Monday. It's hard to say exactly what's going on at this point. But someone is buying up all the .0001 shares. If this continues Monday, we will see more .0002 trades.
Posts: 1269 | From: Dallas, Tx | Registered: Mar 2007
| IP: Logged |
posted
Volumes way too high to stay at 0001. If this keeps up, we should def see 0002 ask (maybe even bid if mostly buys), but I doubt it would stay at 0002 for long since everyone is going to flip for a double.
I still like this longterm though. If they post numbers and they're great, this should go to 001 or higher.
Posts: 263 | Registered: Feb 2007
| IP: Logged |
posted
Seems Ameritrade won't let me buy any more JMCP. That kinda sucks. ______________ We apologize for any inconvenience caused by this. TD Ameritrade has chosen to restrict this security to closing transactions only. We feel this serves the best interests of both our company and our clients.
Per our Terms and Conditions, TD AMERITRADE and Ameritrade Clearing reserve the right to restrict trading in any security for any reason, including but not limited to, bankruptcy, reorganization or any other event.
You may view our Terms and Conditions at the following link:
posted
Maybe they know something that we don't, but that's a risk we take with any stock. So, don't spend more than you can afford to loose.
I look at it this way, it's your money, so I don't see why they should have any restriction on what stocks you can and can't buy. If they think it a bad deal, then they should just give some type of "high risk warning" or "stock under investigation", but not just deny a purchase. I seen this happen before on other stocks and missed out on several good runs. There are other stocks that never have any restrictions and I loose a bundle on R/S or bankruptcies.
Posts: 1269 | From: Dallas, Tx | Registered: Mar 2007
| IP: Logged |
But if anyone wants to toss around a "Conspiracy Theory"...
We all know now what a "Royalty Trust" is. (Thanks, New_Ventures) And we know the reason for them. But in the PR, Frank seems to have stated an additional reason for forming one:
"... we are about to embark on a path that will directly affect every current James Monroe Capital corp. investor and I want to properly identify each and everyone of them, to ensure each receives their fair portion of any and all yields from this investment. By forming a JMCP Royalty Trust in which to put JMCP shareholders of record, the Company can move forward with the confidence in knowing no one was left behind. A trust account is being set up with a major World Wide brokerage firm to encapsulate the entire James Monroe Capital Corp. shareholder base. The Date of Record for capturing the JMCP shareholder of record list is currently set for Friday, June 1st, 2007."
So why is Frank putting so much emphasis on identifying shareholders, and why would he need a Royalty Trust to do so? Isn't that what a TA is for? Unless...
What if JMCP is plagued with the dreaded naked short problem? (counterfeit electronic shares) And what if this Trust is some kind of ingenious way to "identify" legitimate shareholders and weed out the naked shorts? Maybe actual certs are required to be deposited into this Trust - I don't really know. CMKX did a cert pull (Sorry, bad example) and it seems that some brokerages can't come up with any more physical certs, because they had been issuing electronic markers that they just pulled out of thin air (counterfeit shares). I wonder if this whole Trust thing is yet another "testament to the iron clad steel resolve of James Monroe Capital Corp.!"
Now, add this Ameritrade thing into the mix. If they're so concerned with protecting me, I'm amazed that they would let me buy ANY .000X stock!!! Why would they NOT let me buy JMCP, and yet they would probably let me buy as much RVME as my little heart desired??? I suspect that protecting the investor is only a smokescreen. What if Ameritrade is upside down on JMCP, and has quite a few embarrassing naked shorts that need to be covered? Maybe since they don't have enough REAL shares to supply to their clients who "own" JMCP, they'll gladly take your sell order. Because for every 1 Mil sold, that's 1 Mil of counterfeit markers they can wipe away. AND 1 Mil LESS shares they'll have to buy FOR REAL to cover their ass...ets by June 1st.
Anyway, this is all speculation on my part. The only "Fact" in this post is the quote from the PR. The rest is "maybe's" and "what-if's" in hopes of generating a discussion by folks here who know a lot more about this stuff than I do.
Posts: 1872 | From: right here | Registered: Apr 2004
| IP: Logged |
posted
You know what sucks...I have owned this thing for over a year. I sold it on Friday at .0001. I tried to put in a buy order from scottrade and they are "not accepting orders on this security". I think I sold way to early!!
I think I really screwed myself.
Posts: 1178 | From: Mobile, AL | Registered: Aug 2005
| IP: Logged |
posted
Don't worry, they (brokers) will let u back in when it up to .0008 or so.
What if you bought some of those illegal shares. Would your broker be liable or would your shares just dissapear one day. Maybe that's what they are worried about.
Posts: 1269 | From: Dallas, Tx | Registered: Mar 2007
| IP: Logged |
posted
I wonder how far or long they can delude a stock? Anymore it's a crap shoot. What to do!!!!!!!!!!!!
Posts: 271 | Registered: Jul 2006
| IP: Logged |
posted
James Monroe Capital Corp. Briefs Shareholders on Recent Developments James Monroe Capital Corp. (Pink Sheets: JMCP) President, Frank Love states the following, “Concerning the recent press releases about the several hundred million dollars worth of Crude inventory and the royalty trust now being formed, I am extremely pleased with everything moving forward at a blistering pace. Obviously, James Monroe Capital Corp. is on the move. Virtually everything has fallen into place. Events that have taken place in order to put the $270 Million dollars worth of Crude inventory deal together were quite complex in nature, but our international team of professionals are making it happen in a timely manner.
“Recently, I spoke about forming a royalty trust to disburse any and all yields from our business ventures. Shareholders with a date of record of June 1, 2007 will be placed into the royalty trust on a pro-rata basis. Holding onto your positions during this time are absolutely critical due to the fact we suspect that there is a short position on our stock and some brokerage services are no longer allowing open purchase orders for this security. Obviously the company is looking into this situation and hopes to be fruitful in our endeavors so that anyone wanting to participate in the James Monroe Capital Corp. royalty trust will have the same opportunity as everyone else.
“Regarding an earlier press release where I spoke of multiple deals signed and sealed, the $270 Million dollars worth of Crude deal is the first of three very large Oil deals we are working on. The two other large Oil deals will be revealed shortly as soon as all documentation is file stamped with State, Federal and Foreign Governments.
“Nothing will stand in the way of James Monroe Capital Corp. as we capture our percentage of the very lucrative Oil and Gas market that was made available to us through my international contacts. Opportunities currently being presented to James Monroe Capital Corp. will ensure even more growth of our company in the near future. We will continue to update our progress in a timely manner and I hope to have all available information concerning all of the Oil deals out before the June 1, 2007 date of record.”
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.
For James Monroe Capital Corp.: Harold Engel, 254-458-0473 info*chinookinvestmentgroup.com
-------------------- "No nation was ever ruined by trade." Benjamin Franklin Posts: 533 | From: Dooville, Indiana | Registered: Jul 2006
| IP: Logged |
posted
After Bell Friday PR....Before Bell Monday PR...
I really like this part " Holding onto your positions during this time are absolutely critical due to the fact we suspect that there is a short position on our stock and some brokerage services are no longer allowing open purchase orders for this security
Can hardly wait to see what happens between now and June 1st.
Posts: 1637 | Registered: Apr 2004
| IP: Logged |
posted
It just keeps on getting better and better and becoming more and more of a reality each day. The confident with JMCP is growing every day now as more investors are starting to buy in. If things happen as Frank states, JMCP will grow to a very large corporation making this stock priceless. I think the long term on this will be enormous.
Posts: 1269 | From: Dallas, Tx | Registered: Mar 2007
| IP: Logged |
posted
This is going to be the next BIG runner in a couple of months. Will be a repeat of the qbid run from 2 years ago, maybe not .03... but .01 or maybe more !!
Posts: 46 | Registered: Nov 2006
| IP: Logged |
Related Quotes Sym. Price Chg. JMCP Trade News 0.0001 0 James Monroe Capital Corp. Briefs Shareholders on Recent Developments
May 7, 2007 07:30:03 (ET)
KILLEEN, Texas, May 07, 2007 (BUSINESS WIRE) -- James Monroe Capital Corp. (Pink Sheets: JMCP) President, Frank Love states the following, "Concerning the recent press releases about the several hundred million dollars worth of Crude inventory and the royalty trust now being formed, I am extremely pleased with everything moving forward at a blistering pace. Obviously, James Monroe Capital Corp. is on the move. Virtually everything has fallen into place. Events that have taken place in order to put the $270 Million dollars worth of Crude inventory deal together were quite complex in nature, but our international team of professionals are making it happen in a timely manner.
"Recently, I spoke about forming a royalty trust to disburse any and all yields from our business ventures. Shareholders with a date of record of June 1, 2007 will be placed into the royalty trust on a pro-rata basis. Holding onto your positions during this time are absolutely critical due to the fact we suspect that there is a short position on our stock and some brokerage services are no longer allowing open purchase orders for this security. Obviously the company is looking into this situation and hopes to be fruitful in our endeavors so that anyone wanting to participate in the James Monroe Capital Corp. royalty trust will have the same opportunity as everyone else.
"Regarding an earlier press release where I spoke of multiple deals signed and sealed, the $270 Million dollars worth of Crude deal is the first of three very large Oil deals we are working on. The two other large Oil deals will be revealed shortly as soon as all documentation is file stamped with State, Federal and Foreign Governments.
"Nothing will stand in the way of James Monroe Capital Corp. as we capture our percentage of the very lucrative Oil and Gas market that was made available to us through my international contacts. Opportunities currently being presented to James Monroe Capital Corp. will ensure even more growth of our company in the near future. We will continue to update our progress in a timely manner and I hope to have all available information concerning all of the Oil deals out before the June 1, 2007 date of record."
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.
For James Monroe Capital Corp.: Harold Engel, 254-458-0473 info*chinookinvestmentgroup.com
-------------------- LIFE IS 10% HOW YOU MAKE IT AND 90% HOW YOU TAKE IT! Posts: 9276 | From: San Diego CA | Registered: Jul 2006
| IP: Logged |
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
![[Big Grin]](biggrin.gif)
I like TopRob's thinking.
![[Wink]](wink.gif)
TopRob: Stockhouse posted it at 3:59 p.m.![[Smile]](smile.gif)
WinsumLosesum that was a heck of posting, best one I've read in some time.![[Cool]](cool.gif)
After Bell Friday PR....Before Bell Monday PR...![[Razz]](tongue.gif)
Can hardly wait to see what happens between now and June 1st.
