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Not sure, but truthfully, I was real surprised I got a response that quick as I wasn't getting responses from a couple other emails I sent him.
They could always sell off the wood in the 100,000 acres, assuming it's not a grassy field, but if it is, they could grow corn and sell it to ONYI for the ethonol.
NP, I saw your post and thought I would take a stab at sending Chris the email. I had sent a couple other emails his way and didn't receive an answer but this time he got right back to me on this question.
I'll let everyone know if I hear more regarding this.
I actually made some small $ on them on the run up a year or so ago. Then I was stupid and put some of the profits back in and lost it. They do have you going sometimes with their PR's a while back. I wouldn't touch that again for anything.
amechi,
Not sure who you talked with but I just sent Chris an email and he quickly responded within an hour or so. See below.
==============
Sent: Wednesday, March 07, 2007 5:35 PM
Chris,
Are you still the IR person for Atwec?
Thanks,
XXXXXX.
==========
XXXXXX,
Yes I am. What questions did you have?
Chris
Yes, I was being sarcastic, I hope it goes up, but same goes, if the PPS is at a good level and money comes available, I'll be buying more since I don't have that many yet.
Call me selfish, but I hope it stays down for a while until one of my other ones jump so I can get more $ to buy more here. LOL.
I'm hoping here for a big day today "BIG WEDNESDAY", but HRHR could have meant that BIG WEDNESDAY for him is he's buying lots of shares today?????
Happy Birthday! Hopefully you just get a belated birthday present; a nice one!
calitrader, I tried it a couple days ago and got a number, can't remember what though.
Just did it again and got 2960. Cleared my cookies and tried it again and then got 2961. I think it just keeps incrementing so as all of us are trying it, the number keeps going up.
Would be awesome if it was that many orders though.
it wimpered in and will roar out!
***** NEWS OUT ******
James Monroe Capital Closing-in on Oil Deal
Friday March 2, 9:08 pm ET
CHICAGO--(BUSINESS WIRE)--James Monroe Capital Corporation (Pink Sheets:JMCP - News) has moved from talks to contract negotiations regarding an oil deal which involves over 100,000 acres of land and 11 wells. The deal would be a joint venture, with funds being raised by private placement, and the company will be borrowing against its assets, namely real estate and stock, and will pay off the debt over a period of years. After the debt is paid off, and the company is cash-flowing strongly, most shareholders seem to feel that the ONYI stock should be passed through as another dividend. Present management feels that this is a good idea, but will have to evaluate the situation in the future.
ADVERTISEMENT
Frank Love has been negotiating the deal, which represents the type of transaction the company eagerly solicits. Love has a lot riding on the deal, if he succeeds in making the company money, the reigns of JMCP will be handed over to him. Love, unlike Moffitt & McGovern, is a fan of the buyback, and has expressed interest in a buyback after the company is making money.
Chris McGovern commented, "We want people to know what we are doing. There's a fine line between keeping people in the dark and appearing to pump our company. We're trying to objectively educate the public as to what we are working on, so that investors can make their own decisions. This oil position could hedge many of us as shareholders who are participating heavily in biofuels already. I like green power, but a profitable deal is a profitable deal. If Frank nails this one, it will be good for us, big time. We don't want anyone to expect it to put a million dollars into their account, but we view it as our little lotto ticket. We might not get it, but if we don't get the deal, at least our stock didn't go down and we can try again. No reverse stock splits will be considered."
The company is experiencing email problems, and hopes to have email again next week. All previous projects have been "shelved" to focus on this project, which has more potential value.
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.
Contact:
James Monroe Capital Corporation, Northbrook, IL
Chris McGovern, 847-418-3848
NP, mine is off (work wouldn't like that) and I'm probably missing some of those good ones you've run across.
hardasset, FYI, you can stop the audio's from playing if you want. Tools, My Settings, Play Embedded Sounds = Off.
Han2004fl, nez and I PM frequently about our other stock, ATWT. I told him last night about it as he is good at doing his DD. It's good to have him on board and I'm sure we'll see some more info coming our way from him.
nez, glad to see you got in as well. Per my latest PM to you, I was in the other day.
Seems like a product for a niche market similar to the other one we are in.
Now that we're both in, it can go up. GLTU.
Just picked up a little of the 14's for my other daughter.
Was just thinking; my sister-n-law is a psycholgist at a federal prison. I will be forwarding this product's web site to her to see if she wants to show the warden. It's a small prison, but anything can help.
Will let all know if something comes of it.
Me too Metro. > $.05 or bust. Not taking the loss here, EVER!
Well, that is unless the wife signs in and sells behind my back.
Looks like this was mine.
11:19:03 250000 0.0013 - OTCEQ_NBB
but not the whole amount. Must have split some with someone else.
dragonfly, yes, I was lucky on that one as there weren't many going thru. I can't remember how long I had the order in before it filled but I don't remember it being too long. It's my first purchase for this stock in my daughter's account. Hope it does well for her.
Been watching your other board. Saw your BDay is this Friday; my brother's bday is also 3/2. Happy Birthday.
I was able to get some .0013 shares today so I know it wasn't all the MM's. I don't see my number of shares in your list and it filled complete.
TAKI, glad to see you out of jail. Did you have to offer your first born?
Here's the link. It means he made some boo-boos in some of his posts.
http://www.investorshub.com/boards/board.asp?board_id=38
nez, TAKI was doing it but he's in jail now. Ask him in the jailhouse and maybe he can post it there.
JOKER, absolutely right; kids are expensive. I have 4 so I'm broke (ATWT PPS isn't helping any). At least mine are young at the moment so the real expenses haven't started yet.
We all know those cute little computer symbols called "emoticons," where:
:) means a smile and
:( is a frown.
Sometimes these are represented by
Well, how about some "ASSICONS?"
Here goes:
(_!_) a regular ass
(__!__) a fat ass
(!) a tight ass
(_*_) a sore ass
{_!_} a swishy ass
(_o_) an ass that's been around
(_x_) kiss my ass
(_X_) leave my ass alone
(_zzz_) a tired ass
(_E=mc2_) a smart ass
(_$_) Money coming out of his ass
(_?_) Dumb Ass
It does look like the PR's are getting better and better. Hopefully that continues next week. Maybe working up to a BIG one. IMO.
van, saw you were asking dragonfly about ATWT and it was a prolly (his wording MAC) meaning probably. I was pointed to that board by someone here and this guy does seem to have some good picks.
Thanks for getting the word out. Every little bit helps.
Basher, you are selling off a lot of investments; I see you cut GBDX down in half as well.
ATWT will move sometime, when is just the question.
LP, I was thinking that as well. HRHR buying on open market for Sandy so that's why the .0004 price.
JMCP - James Monroe Capital Appointing New President and CEO
CHICAGO--(BUSINESS WIRE)--James Monroe Capital Corporation (Pink Sheets:JMCP - News) has announced that it is in the process of appointing a new company president and CEO, Frank Love.
All current officers and independent contractors of James Monroe Capital will remain involved with the company. Mr. Love is excited about the projects that James Monroe Capital presently has, and has been in talks with numerous other parties about possible new business to bring to the shareholders.
Principal shareholder Taylor Moffitt said, "After talking with several top notch candidates, Chris McGovern and I feel that Frank Love is in the best possible position to represent our interests as shareholders, and bring value to the table. He has enthusiasm, energy, and has been in talks regarding a handful of deals that Chris and I are very excited about. He agrees with our position of 'no reverse stock splits' and cares about both his reputation and the long-term interests of his shareholders.
CEO Chris McGovern commented, "This is an amazing opportunity to see James Monroe Capital moving forward into a bright future. I believe that Frank Love has the integrity and the determination see growth come to fruition. He is committed to the interests of all long-term shareholders and believes in our vision of the company's 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.
Contact:
James Monroe Capital Corporation, Northbrook
Chris McGovern, 847-418-3848
Ok, Chinese New Year is upon us. Time now for PR's MJ.
JOKER, I think the market may be closed on Monday as you mentioned "Come back Monday". Hope not.
Anyone know for sure?
Yep, we have been here for that long and yes most are in higher. Gotta us on that.
But, now more of the truth is that this company is slowly and consistently building business, following through on what is said and moving forward, just not at blazing speed like some would like.
So, sorry this doesn't help your day trading. You may want to go elsewhere for that and stay there. GLTU.
try "smmw.pk" in lower case. There were issues according to other stocks with the same issue.
Neo, from what I recall, that was what you had - 800K??????????
I personally think we will see good news soon so I bought a little more today.
Like it's said, buy when no one wants em and by the sounds of the board, not many want them at this time.
Can't remember on commission fees. I would check your statement to see if that's included in your cost to purchase. I did my taxes this year except for the stock part as that takes longer to do.
Any accountants here?