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Is there a number for the SEC ? tks
Maybe cause after years of selling shares and saying no r/s , there working with the lawyers to find a loop-hole ???
I want to be positive But when you get a p/r like this 17 days ago :Dan Burgess and Ian Lamphere have resigned from the Board of Directors of the Company effective immediately: and we the common shareholders say Whaaaattttttt !!! Makes onr think the worse
Iv'e tryed to call, Must not be on the ceo's speed dial thou.
lol he din't need to he had dopes like us buying 80 bill shares lolol
lol don't they all ?? lolol
on = no sprry i believe i read once that they would not r/s there stock, seems to be the same story with these sup-penny-ceo's
didn't they say once on R/S ??
OT: LOLOLOL A nice way of saying R/S !!!! JMCP Corp.: (Pink Sheet: JMCP) James Monroe Capital Corp. announces Merger and Restructure
Pink Sheet: JMCP, Sep 17, 2007 (M2 PRESSWIRE via COMTEX) -- Frank Love, President of James Monroe Capital Corp. (Pink Sheet: JMCP), and CEO of JMCP Acquisitions Corp Frank Love is pleased to announce, "A twofold strategy to add value to its long-term shareholders." Company president Frank Love said, "A reverse triangular merge will take effect between the subsidiary JMCP Acquisitions Corp. and another publicly traded corporation. A pro-rata distribution of the merge shares will take effect once the certificate of merge is file stamped with the State of Florida Division of Corporations." Love furthered, "As a bonus to this merger, we are responding to the needs of our shareholders right now. We want quality more so than quantity. Following the advice of our legal counsel and the assessments made at the urgent 5 day meeting with corporate officers and joint venture partners, we are going to change the nature of the company restructure. This has also been requested by accredited and institutional investors to add credibility to the company. We are pleased to announce that we are going to substantially lower the authorized shares of the company, put a halt on issuing any new stock, and do a true beneficial reverse stock split. At this juncture, it will lower the number of shares issued, promote liquidity in our stock, and make our company more respectable.
A beneficial reverse stock split means (no dilution). The stock has a chance to grow, because the authorized shares are lowered substantially and no new stock is issued. The improvement was recommended by legal counsel, by joint venture affiliates, and will ultimately add long-term shareholder value because the company can substantiate its stock. "We have serious investors who have been holding back because of our low share price. That's about to end. We're moving into new arenas, and we will take every shareholder along for the ride. The dividend of the Royalty Trust, along with our new spectacular news of the JMCP Acquisitions Corp merger, will help us as shareholders to participate in new areas of growth." Frank Love continued, "It opens new doors. Once all of this progress occurs, we can valuate James Monroe Capital Corp., reassess our needs, and then proceed with a forward split to maintain as much market stability as possible as the company grows. This will create value and true liquidity for James Monroe Capital Corp. shareholders. There will be some short-term investors who don't like this approach. Our long-term investors, the true members of our team, will appreciate it when and if the company is able to pay out dividends. Sometimes its hard to see the forest for all the trees, but we're going to consider what the Institutional & Accredited investors suggest to us, ultimately this will make the company come out on top. We're still going to use a substantial portion of company revenues to fund our buy-back, and we're even going to revamp our company website." Frank Love finishes with, "The newly restructured James Monroe Capital Corp. will most definitely be a force to be reckoned with. A new share structure with a valuation coming in from the oil ventures will bring James Monroe Capital Corp a much-needed, sharper look from accredited and institutional investors. The time is now James Monroe Capital Corp. is the place." 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: Frank Love Tel: +1 254 458 0473 e-mail: frank.love@jmcpacquisitions.com WWW: http://www.jmcpacquisitions.com-a.googlepages.com/home
M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com.
Did nothing ??? Got more shares dumped !!! lol
GM So is today the name chamge ??
now really, are things so bad? Depends why someone was going to site like that in the first place.
If they were smmw sharesholders !! theres goes out 7,000 holders !!
Its' like every morning we wake up on the wrong side of the "bid" ! lol
Agree never fall in love with a pink ! But Trying to fall out of love is a hard thing to do here !
lolol. and i bought on every dump !!
Any by the way I want a roi !! You guys just seem its for sure. , and i would like to know why you guys think that !
I have 3 yrs to back me up.
how can you be so sure ??
lol were not a .0001 sotck were a .00007 stock !
My guess is shxd.
It was a rerun ! Ok lets talk about smmw :>))
BRB !! F. Troop just came on !
lololol so f'n funny ! bring myths, pumping why there dumping to this board it stays , Yooooo I still have ALL my 2003-4 shares ! Komon PUMPERS how many are you still holding????? lmaooo Oh Danny Boy if you ever returned my call !!I would of bailed !!! bring some hummor to this board,why we are Soooooooo STUCK !! it's gets deleted !!
P.S. what to you have to do to be a Mod: ????
Think about this :>))))) Becky was a beauty from south Alabama.
Her Daddy had a heart like a nine-pound hammer.
Think he even did a little time in the slammer.
What was I thinkin'?
She snuck out one night an' met me by the front gate,
Her Daddy came out a-wavin' that 12-gauge
We tore out the drive, he peppered my tailgate.
What was I thinkin'?
Oh, I knew there'd be hell to pay.
But that crossed my mind a little too late.
'Cause I was thinkin' 'bout a little white tank top
Sittin' right there in the middle by me.
I was thinkin' 'bout a long kiss,
Man, just gotta get goin' where the night might lead.
I know what I was feelin',
But what was I thinkin'?
What was I thinkin'?
By the County line, the cops were nippin' on our heels,
Pulled off the road an' kicked it in four-wheel.
Shut off the lights an' tore through a cornfield.
What was I thinkin'?
At the other side, she was hollerin' "Faster!"
Took a dirt road, had the radio blastin'.
Hit the honky-tonk for a little close dancin'.
What was I thinkin'?
Oh, I knew there'd be hell to pay.
But that crossed my mind a little too late.
'Cause I was thinkin' 'bout a little white tank top
Sittin' right there in the middle by me.
I was thinkin' 'bout a long kiss,
Man, just gotta get goin' where the night might lead.
I know what I was feelin',
But what was I thinkin'?
When a mountain of a man with a "Born To Kill" tattoo
Tried to cut in, I knocked out his front tooth.
We ran outside, hood slidin' like Bo Duke.
What was I thinkin'?
I finally got her home at a half past two, later.
Daddy's in a lawn chair sittin' on the driveway.
Put it in park as he started my way.
What was I thinkin'?
Oh, what was I thinkin'?
Oh, what was I thinkin'?
Then she gave a "Come an' get me" grin.
An' like a bullet, we were gone again.
'Cause I was thinkin' 'bout a little white tank top
Sittin' right there in the middle by me.
I was thinkin' 'bout a long kiss,
Man, just gotta get goin' where the night might lead.
I know what I was feelin',
Yeah, I know what I was feelin',
But what was I thinkin'?
What was I thinkin'?
I know what I was feelin', but what was I thinkin'?
Guess I was thinkin' about that tank top ... and those cut-offs...
Heh heh heh...
Why We Wait !!! :>)))))) Grad your love !!!!! :>))))))
Pair Of Boots And A Sack Of Clothes
Free And Easy Down The Road I Go
Hangin' Memories On The High Line Poles
Free And Easy Down The Road I Go
Free And Easy Down The Road I Go
Ragweed's Rockin' On The Radio
Free And Easy Down The Road I Go
So I Keep Rollin' Like An Old Banjo
Free And Easy Down The Road I Go
Got The Sun Shinin' On Me Like A Big Spotlight
So I Know Everything Is Gonna Be Alright
Ain't No Tellin' Where The Wind Might Blow
Free And Easy Down The Road I Go
Livin' Life Like A Sunday Stroll
Free And Easy Down The Road I Go
Free And Easy Down The Road I Go
If You Only Get To Go Around One Time
I'm Gonna Sit Back And Try To Enjoy The Ride
I Could Make A Million Or Wind Up Broke
Free And Easy Down The Road I Go
Can't Take It With You When You Go So
Free And Easy Down The Road I Go
Someday I Know It's Gonna Take Me Home So
Free And Easy Down The Road I Go
Free And Easy Down The Road I Go
People voices were heard !! The U.S. Chamber of Commerce is urging federal securities regulators to tighten rules further to curb abusive "naked" short sales.
http://www.nasdaq. com/aspxcontent/NewsStory.aspx?cpath=20070…
US Chamber Urges Further SEC Curbs On Naked Short Sales
By Judith Burns, Of DOW JONES NEWSWIRES
WASHINGTON -(Dow Jones)- The U.S. Chamber of Commerce is urging federal securities regulators to tighten rules further to curb abusive "naked" short sales.
In a letter Thursday to the Securities and Exchange Commission the business group said it believes "fraudulent naked short selling remains a serious problem" for a number of small and midsized companies and their shareholders.
The chamber applauded SEC efforts to curb such abuses, but suggested three additional measures are needed. One would require short sellers of hard-to- borrow stocks to have the shares on hand, or have a bona fide contract to borrow them before the short sale. The chamber also wants daily aggregate reports on failures to deliver borrowed stocks, and would require institutional investors to disclose short positions to the SEC, adding them to reports they currently file disclosing long positions.
Short sellers borrow shares to sell in hopes of a drop in the stock's price, allowing them to profit by replacing borrowed shares at a lower price. So-called "naked" short sellers do not borrow shares before selling them short, a practice the SEC sought to curb with a package of rules known as Regulation SHO, which took effect in 2005.
Critics viewed the changes as ineffective because the SEC excluded previously existing stock delivery failures and options market makers. The SEC voted this year to scrap "grandfather" protections for prior delivery failures, starting Oct. 15, and proposed eliminating exceptions for options market makers, both of which were endorsed by the chamber. However, the business group said the SEC's efforts don't go far enough and predicted problems with failing to deliver borrowed shares and settling trades will continue absent further reforms.
-By Judith Burns, Dow Jones Newswires; 202-862-6692; Judith.Burns@dowjones. com
(END) Dow Jones Newswires
09-14-071137ET
Copyright (c) 2007 Dow Jones & Company, Inc.
vol: just junped to 25.4 mill
tks bob
calling all gorb's ! come out, come out where ever you are !!!
cool ! i remember qbid hit a penny on franks ans. machine p.r !!!
RJ, can you repete that please i got distracted by the picture ! lol
GM, folks, tks bobky for the post last nite. komon p/r
Or skiping out with the money !! lolol
Tell me it aint so !! Tou mean san and ian and a few select pumpers were the only ones that made money here ??? sure could use a go dan go about now !!
Hey ! could of been Depends ! hehe
Details come to mind !
Hey tb doing good, still waiting for one of these high flyers to come in ! lol and how are you ? do you have any of these chips ??
maybe the 3rd name change will be the charm ???
Question, Are these guys jewish ? If so today is a jewish holiday. So imo now news coming.