smcj3
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Post by smcj3 on May 2, 2007 16:59:32 GMT -5
Has anyone seen anything like this before?
James Monroe Capital Corp. to Form a Shareholder Royalty Trust 7:30a ET May 1, 2007 (Business Wire)
James Monroe Capital Corp. (PINK SHEETS:JMCP) President Frank Love states, "With recent developments concerning the enormity of the Oil deals and the creation of a subsidiary and several Joint Ventures with ongoing concerns reaching as far as Russia, 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."
Love further states, "This is a very special time for James Monroe Capital Corp., it's Subsidiary JMCP Acquisitions Corp., Joint Venture Partners, and most of all its loyal shareholders. I want to make certain everything is done right; the deals we have now closed and the ones we will close in the very near future are testament to the iron clad steel resolve of James Monroe Capital Corp.!"
and is this the same Frank Love that killed us in qbid???
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Post by christerina on May 3, 2007 15:05:36 GMT -5
NO!! BUT it looks pretty good to me.....keep us updated please..THANX
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smcj3
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Posts: 60
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Post by smcj3 on May 7, 2007 10:09:57 GMT -5
James Monroe Capital Corp. Briefs Shareholders on Recent Developments 7:30a ET May 7, 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
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Post by barefoot on May 7, 2007 12:14:36 GMT -5
Thanks for the info Smcj3
I don't know anything about this deal, but by putting a June 1, 2007 time-line on this, he seems more concerned with selling shares than the loyalty of existing shareholders. Just a frivolous opinion.
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smcj3
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Post by smcj3 on May 11, 2007 6:51:51 GMT -5
James Monroe Capital Corp. Explains the $270 Million Dollars Worth of Waste/Sludge Oil Deal and Royalty Trust 2:14p ET 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.
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
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Post by Eagle1 on May 31, 2007 19:47:09 GMT -5
Question for smcj3. Has JMCP done any SEC filings about any of these PRS? Thanks, Eagle1, P.S. Companies that PR without backing them up with SEC filings=Not good. Companies that provide SEC filings first then PRs =Good JMHO. James Monroe Capital Corp. Explains the $270 Million Dollars Worth of Waste/Sludge Oil Deal and Royalty Trust 2:14p ET 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. 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
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smcj3
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Post by smcj3 on Jul 21, 2007 8:17:19 GMT -5
JMCP Corp.: (Pink Sheet: JMCP) Announces Wales Holding Corp. Merger Completed
Jul 17, 2007 (M2 PRESSWIRE via COMTEX) -- James Monroe Capital Corp President, Frank Love makes the following statement, "Wales Holding Corp. merger completed", "Through the efforts of our team of professionals, we have completed the merger of Wales Holding Corp., and with this behind us moving forward is our only objective."
Love also states, "We look forward to our return to Texas, after many weeks out on the road. Our business dealings in Florida have proven fruitful and will be released to the public very soon."
Love further states, "I want to remind shareholders of the steps we are taking to secure the $300 Million dollars worth of Sludge Oil, the 48,000,000 barrels of oil reserves in Samara region of Russia, and the 150 plus stripper wells in Pennsylvania. Putting together 2 joint ventures and merging with one company in such a short amount of time took a total team effort.
Love continues on with, "During the next several weeks' information concerning the Sludge Oil, the Samara Oil Field, Strippers wells, Royalty Trust and our extended Florida Business trip will be forth coming via corporate press release.
About James Monroe Capital Corporation
James Monroe Capital Corporation is a publicly traded holding company that focuses on acquisitions, start-ups and oil ventures around the globe. The company solicits purchase contracts in the oil sector for stable income to build shareholder value. These efforts are "opportunistic and time-sensitive deals" often involving distressed situations where other parties have something very valuable they are about to lose entirely or economically not practical for larger companies. These are the type of acquisitions or buyouts JMCPCorp will soon be announcing to its shareholders. Over the next 12 months JMCP shareholders will experience a totally remade James Monroe Capital Corporation focused in the Oil sector, Gold sector and Uranium sector.
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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