posted
IT MAKES YOU WONDER WHERE ALL THE MONEY'S GOING....SURELY NOT IN MY POCKET....I THINK I WOULD OF GOT MORE SATISFACTION THROWING MY MONEY IN A SEWER AND THEN FISHING IT OUT.....I HOPE LIKE HELL THIS GOES SOME WHERE SOME DAY BUT LIKE I SAID 6 MONTHS AGO, WE ALL BOUGHT INTO A TOILET...AND NOW WE CAN ALL HOLD ON FOR THE ROYAL FLUSH
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Indeed. And I don't mind buying into these pinkies, but let's just see some movement (even if my orders don't get filled) just show me a pulse... Prove to me that .0002 and beyond is available, even if just for a second.
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They are releasing PR's every few days on the process to keep us informed, as things seem to be coming together. It takes months to put together a corporation of this size, so I think they are progressing as to be expected. All we need now is pictures to show that the oil and gold companies are real and this thing will shoot to the moon.
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quote:Originally posted by andrew: You can buy jmcp once again at scottrade. I wonder why they would not let you buy for a couple of days.
Still can't buy with Ameritrade. Dang. I have 100 bucks I'd like to donate to JMCP. I'd donate it to my local PBS station, but JMCP is more entertaining.
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James Monroe Capital Corp. (Pink Sheets:JMCP) President, Frank Love states, "The Company is in negotiations to form a strong alliance through our Joint Venture with a US company having operations in the oil and gas industry of the Russian Federation, to participate in this very lucrative market. Closing this agreement will be one heck of a first cast of the net for James Monroe Capital Corp. into the Oil & Gas market. The Company having access to oil waste that could generate several $100 Million dollars of revenue, contained in above ground pits was a second awesome cast of the net. When we were notified of the potential to acquiring rights to oil wastes sites is practically unlimited, we were absolutely floored.
The oil waste sites the JV will be pursuing initially, are ones that are mainly an oil and water mixture, where the water is spun out via a mobile centrifuge plant that can process at least 10 metric tons per hour, this equates to roughly 40-50 barrels of waste oil per hour, per centrifuge plant. Mobile centrifuge plants cost roughly $500K each and can be easily moved from location to location via 18-wheeler transports and are operated by a two-man crew. Today's oil prices in the $60 per barrel range equate to potentially substantial gains."
Frank Love explains the Royalty Trust, "The James Monroe Capital Corp. Royalty Trust will be a balanced mix of James Monroe Capital Corp. revenue producing oil properties, located throughout the world, Gas & Oil royalties like Sabine Basin Royalty (SBR), Energy Trusts such as Prime West Energy (PWI), and Pengrowth Energy Trust (PGH). This allows our royalty trust to earn revenues in the form of dividends, interest and royalties from the various operations and joint ventures we participate in whether in North America or across the globe in Russia.
"By having these NYSE Blue Chip REITs, Royalties and Trust embedded into the James Monroe Royalty Trust, with each paying dividends month after month, year after year and in some cases decades. We establish our James Monroe Capital Corp. Royalty Trust with the power of the NYSE as our foundation."
Frank Love further states, "June 1, 2007 will be another great milestone for James Monroe Capital Corp. Having any and all short positions closed from that date forward, because nobody wants to be caught short when your dealing with dividend paying NYSE; REITS, Royalties and Trust, will allow us to see an actual picture of what our stock will look like as we move into the buy back phase of our companies common shares. We will announce our monthly buy backs via a press release and only buy back shares in the open market. Our transfer agent, 1st Global Transfer Agency, will then cut a treasury certificate for the retired shares of which will be publicized as retired with certificate number. We will not reverse split our stock."
For the record Frank Love states, "I own no common shares, I have money that I made with my other business ventures. I will only take pay once this company is profitable. This is the way I do business. When I took the position as President of James Monroe Capital Corp. there were 45 Billion shares issued and basically no assets left in the company and the stock sitting at .0001. I feel James Monroe Capital Corp. is strategically positioned to carry our company and extremely loyal shareholders well into a very successful future."
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.
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posted
"June 1, 2007 will be another great milestone for James Monroe Capital Corp. Having any and all short positions closed from that date forward..."
posted
Related Quotes Sym. Price Chg. JMCP Trade News 0.0001 0 James Monroe Capital Corp. Explains the $270 Million Dollars Worth of Waste/Sludge Oil Deal and Royalty Trust
May 10, 2007 14:14:19 (ET)
KILLEEN, Texas, May 10, 2007 (BUSINESS WIRE) -- James Monroe Capital Corp. (Pink Sheets:JMCP) President, Frank Love states, "The Company is in negotiations to form a strong alliance through our Joint Venture with a US company having operations in the oil and gas industry of the Russian Federation, to participate in this very lucrative market. Closing this agreement will be one heck of a first cast of the net for James Monroe Capital Corp. into the Oil & Gas market. The Company having access to oil waste that could generate several $100 Million dollars of revenue, contained in above ground pits was a second awesome cast of the net. When we were notified of the potential to acquiring rights to oil wastes sites is practically unlimited, we were absolutely floored.
The oil waste sites the JV will be pursuing initially, are ones that are mainly an oil and water mixture, where the water is spun out via a mobile centrifuge plant that can process at least 10 metric tons per hour, this equates to roughly 40-50 barrels of waste oil per hour, per centrifuge plant. Mobile centrifuge plants cost roughly $500K each and can be easily moved from location to location via 18-wheeler transports and are operated by a two-man crew. Today's oil prices in the $60 per barrel range equate to potentially substantial gains."
Frank Love explains the Royalty Trust, "The James Monroe Capital Corp. Royalty Trust will be a balanced mix of James Monroe Capital Corp. revenue producing oil properties, located throughout the world, Gas & Oil royalties like Sabine Basin Royalty (SBR), Energy Trusts such as Prime West Energy (PWI), and Pengrowth Energy Trust (PGH). This allows our royalty trust to earn revenues in the form of dividends, interest and royalties from the various operations and joint ventures we participate in whether in North America or across the globe in Russia.
"By having these NYSE Blue Chip REITs, Royalties and Trust embedded into the James Monroe Royalty Trust, with each paying dividends month after month, year after year and in some cases decades. We establish our James Monroe Capital Corp. Royalty Trust with the power of the NYSE as our foundation."
Frank Love further states, "June 1, 2007 will be another great milestone for James Monroe Capital Corp. Having any and all short positions closed from that date forward, because nobody wants to be caught short when your dealing with dividend paying NYSE; REITS, Royalties and Trust, will allow us to see an actual picture of what our stock will look like as we move into the buy back phase of our companies common shares. We will announce our monthly buy backs via a press release and only buy back shares in the open market. Our transfer agent, 1st Global Transfer Agency, will then cut a treasury certificate for the retired shares of which will be publicized as retired with certificate number. We will not reverse split our stock."
For the record Frank Love states, "I own no common shares, I have money that I made with my other business ventures. I will only take pay once this company is profitable. This is the way I do business. When I took the position as President of James Monroe Capital Corp. there were 45 Billion shares issued and basically no assets left in the company and the stock sitting at .0001. I feel James Monroe Capital Corp. is strategically positioned to carry our company and extremely loyal shareholders well into a very successful future."
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!
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quote:Originally posted by WinsumLosesum: "June 1, 2007 will be another great milestone for James Monroe Capital Corp. Having any and all short positions closed from that date forward..."
Gotta love it!
Well Win, do you think Love will be putting much of a scare into shorties??
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quote:Originally posted by WinsumLosesum: "June 1, 2007 will be another great milestone for James Monroe Capital Corp. Having any and all short positions closed from that date forward..."
Gotta love it!
...and when shorts have to cover, fasten your seat belt because that's when the trip to the moon begins.
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quote:Originally posted by Yankee: This is crazy. If all is so good why are we still at the bottom?
Because no major investor trust Frank or JMCP. They think this is a scam. But as time past and real prof starts to show, then the action will start. Right now everyone is just being careful and waiting for the other to make the frist step to .0002. But when it starts to run, it could cost 5 to 10 times more to get in.
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I have been buying and waiting for 2 years and this is the biggest position i have ever had other then QBID at .0001 which i also waited two years for it to go and it payed off! Run you pos run
-------------------- Trading is a blast!!
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quote:Originally posted by WinsumLosesum: "June 1, 2007 will be another great milestone for James Monroe Capital Corp. Having any and all short positions closed from that date forward..."
Gotta love it!
Well Win, do you think Love will be putting much of a scare into shorties??
Honestly, I hesitate to give an opinion. Because I actually managed to be RIGHT about something, when I noticed a connection between the Trust and exposing the shorts. Gee, I'd hate to ruin my one-for-one streak!
But, I'd like to think that a lot of shorts will have skid marks in them, if you know what I'm saying...
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quote:Originally posted by Yankee: This is crazy. If all is so good why are we still at the bottom?
So, since the MM's manipulate the market, is it possible they can cover as many shorts as they need at .0001, while managing to keep the pps from going to .0002 and beyond until they're through covering?
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Had this when it was CWMF and changed to CWFG, remeber Damien Guthrie? After pos Guthrie, a ***** named Kirsten Ryals took over. Nothing changed. And then two guys called Taylor Moffitt and Chris McGovern took over. Where are they? At ONYI? What ever happened to Costa Rica? Timesharing? Ethanol? And now Frank Love with its oil plan.
It's a joke.
But hey, they all have their run, that's the beauty of these pos pinks...
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CAN ANYONE EXPLAIN WHAT THEY MEAN BY RETIRED SHARES AND HOW THAT WORKS...AND WHY WOULD YOU GET A NUMBERED CERTIFICATE FOR RETIRED SHARES AND ARE RETIRED SHARES WORTH ANYTHING
quote:Originally posted by BIGDAN: CAN ANYONE EXPLAIN WHAT THEY MEAN BY RETIRED SHARES AND HOW THAT WORKS...AND WHY WOULD YOU GET A NUMBERED CERTIFICATE FOR RETIRED SHARES AND ARE RETIRED SHARES WORTH ANYTHING
Securities that have been repurchased by the issuer out of the company's retained earnings and cancelled according to Securities & Exchange Commission (SEC) regulations. They have no market value and no longer represent a share of ownership in the issuing corporation.
Though retired securities have no market value, they often have value to collectors of old stock certificates. Recently, cancelled securities have appeared fraudulently on the international market, leading the SEC to make changes to regulations governing how transfer agents handle cancelled stock certificates.
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