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I have read many post on this board going back to the first one and it would seem that this is hype...
This is just the start on our long journey for a better PPS IMO. If the company continues the buy back program to reduce the outstanding shares, we are good!
Also note this PR "CHICAGO, Nov 02, 2006 (BUSINESS WIRE) -- James Monroe Corporation (Pink Sheets: JMCP) held its 2006 shareholder meeting on November 1, which, according to 100% of those attending, was a success. 80% of those attending even called it an "awesome success."
The tour revealed that Diversified Ethanol's plant has made progress faster than forecasted by the engineer, with construction moving more quickly than some legal permits. Electricians and steel workers were busy working during the meeting. The tour also revealed a factory geared up to efficiently mass produce ethanol plant components, with raw materials coming in one end, and finished components going out the other. Shareholders who visited many of the local properties were very pleased, and there was much talk of increased positioning.
In addition to shareholders, also attending were Bob Johnson, Vinton Lewis, and some new faces, including the senior loan officer from Bradford Mortgage. A total of 21 people attended the meeting.
Other interesting information from the voluntary survey of visiting shareholders who attended the meeting: 80% said they would like to see the company declare a stock dividend of ONYI shares, with 20% undecided. 75% of those in favor of a stock dividend said they would like to see that stock restricted (that is, no "dumping") to help the stock rate better with analysts. For short term 60% gave JMCP a rating of "Strong Buy," with 40% stating, "Hold." For long term 80% gave JMCP a rating of "Strong Buy," with 20% saying, "Buy."
Can you see the potential and the DOLLAR signs yet?!?!
LOOK AT THIS;
Company president Chris McGovern reviewed and explained the company ethics & principles, which are listed on the company web site. Taylor Moffitt made some special announcements, including that the building that houses Diversified Ethanol has been paid off and is now debt free.
James Monroe Capital Agrees to Buy 2 Billion Shares
CHICAGO, Sep 25, 2006 (BUSINESS WIRE) -- James Monroe Corporation (Pink Sheets: JMCP) today announced that the company will buy 2 billion shares Prior to September 29, 2006. CEO Chris McGovern said, "This purchase will reduce the company issued and outstanding shares by 2 billion shares."
McGovern also said, "We have received overwhelming requests from shareholders to purchase and retire stock.
NOTE: A COMPANY WHO LISTENS TO ITS SHAREHOLDERS!
We are excited about our work in bringing assets into the company and our first Ethanol plant is under construction. We have completed more than half of the construction of the plant and expect the plant to be operational this fall. Our main focus will continue to be sales and earnings as we build a bigger and better James Monroe Capital."
About James Monroe Capital:
James Monroe Capital Corporation is a publicly traded holding company that focuses on acquisitions, start-ups, and real estate. The company solicits contracts for stable income as the stable base to fund its otherwise aggressive efforts. 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.
Diversified Ethanol is a subsidiary whose business is manufacturing ethanol plants & related technology. The company is re-building the Butterfield 75,000 gallon ethanol plant in Iowa and has appointed Floyd Butterfield, an award-winning engineer, as the company's chief engineer to supervise the numerous updates and improvements being made to the plant. The company will manufacture 500,000 gallon ethanol plants for domestic sale, export, and for its own assets and income. The plants are to be manufactured mass production style for a quick turn-time (presently 8 months). If you want to build an ethanol plant, call Diversified Ethanol at 515-603-6292 or visit the company website at www.diversifiedethanol.com for more information.
Diversified Ethanol's Taylor Moffitt said, "When oil prices rise, it certainly doesn't hurt the ethanol industry. High oil prices mean increased public awareness about the need for renewable energy sources. However, there are two ways to make money in the ethanol industry: (1) as a substitute fuel for gasoline, and (2) as a substitute additive to replace MTBE. Today's ethanol industry is driven mostly by environmental state legislation to decrease dependence on foreign oil and as an octane additive that doesn't cause cancer, to replace MTBE. There isn't anywhere near enough corn in the world to make enough ethanol to replace gasoline. No one I know in the ethanol industry expects E85 to compete with gas, because we know that there's not enough corn in the world to do that. Ethanol is exciting because it is so much cheaper than MTBE, and it doesn't cause cancer. Right now we are importing ethanol from Brazil to help keep up with the ethanol deficit, and we are paying a lot more for the imported ethanol than what we can produce it for ourselves. In fact, if states continue to mandate increased ethanol blending in our gas, the shortage will continue forcing us to import ethanol. Some states are talking about mandating a 12% blend. It is my opinion that this could increase ethanol shortages, and result in higher prices at the pumps as refineries are forced to continue importing more expensive Brazilian ethanol to keep up with the demand. Buyers are anxious to buy the less expensive, US-made ethanol to save money, and we are anxious to continue working towards this cleaner, brighter 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.
I would not sell until .05 or higher. I think they can do it.
Thanks skeen for correcting me. I edited the post.
They could be bad or they could help. Most of the time however from what I have read, they are for the worse. In this situation, anything higher then a 10-1 RS would be the waste in a toilet. So, yes I do agree with you to a high extent.
OT: Could have another good fuel play with cheapie shares JMCP Large OS, but in long term, I believe it will play out well. Check it and do your own DD. Comments and opinions welcomed at the board.
It is going to move, remember that the OS is 45 Billion. The float really is not even a issue right now but will be in a few months. Just continue to buy and load up. A few good things they could do would be a 10-1 reverse split and then offer the share buy back program.
Also in light of the plant that is being built, I would say IMO massive revenue's are to come. This is a patience game here. If you cant afford to part with a couple of thousand dollars for about 6 months, then I would say this is not a good play for you. If you have patience, time, and the few grand, I would say sit back and relax and become a long on this deal.
In JMCP 10 Million Shares, NICE LOTTO!
Something is brewing here. Just bought 10M shares and maybe more before day is over. This position is LONG for me. GLTA
OT: JMCP Cheapie Shares Right Now.
Any thoughts about todays events with the Republicans losing their leverage in the house to the Democrats. Big concern over on the CKYS board and to be honest, I can not see why they would be. The Computer / Software industry was the strongest when President Clinton was in office. Any opinions as to or if this will have a direct hit positively or negatively in the Diamond market or the gold market?
What was with todays volume and the drop in PPS. I thought this trading was halted from a court order?
Did they re-open trading on this thing again?
Stone, I will give you the number to Russia, what is your email address.
I think you need anger management and your crazy speculation of me has made you sour because I will not send you a photo! Maybe, you have homosexual desires and if that is the case, I would tell you to write Richard Simmons. Hold on, I forgot, Richard hates people with anger management issues and people who belittle others for no obvious reason such as yourself. You must support Bush, Do not bequeath your ignorance on to others you shady little man and I mean little...
Freto, do have have dreams of women doing bisexual things? I think you need to visit your bathroom, grab what ever a man in your position would use and release your urges, then come back to the boards to chat. You are creepy/stalker material. Toodles weirdo.
My email address is in my profile
LOL, NO! What are you, a stalker :)
No, violation of SEC Regs and considered insider trading.
Now he has made me wonder about the what if question. I am sure he has a reliable outlet for information. I have no reason to doubt what he says after reviewing his past. FHAL was a smash and grab but then Rufus decided to do his own overhaul and ruin it. You either buy or dont buy.
Posted by: RonnieD
In reply to: None Date:11/6/2006 10:22:27 PM
Post #of 83280
re: gbdx share increase per davidam's call.. net 10.5 % increase. david, is that the exact number she gave you ? 387,500,000 I find that strange because since this stock was WWCD and up til a few days ago, all share counts constantly ended in xxx,044,517.... so why the clean round number 387,500,000 ?
re: float.. long story, but it was 34 million then when we went from 323 to 350 it became 75 million.. so at very worst case scenario we can assume the float is now no more than 112 mil, and that is ONLY if ALL newly issued shares for November are non-restricted... which we cannot assume yet at all.
I will try and find out .. and I know some of you will also...
bottom line, restricted or not, this was the first increase for an entire month, and it was only 10.5 %. Now, if GBDX sells 10.5 % more diamonds we have nothing to worry about. I still expect NET PROFITS EPS to be multiples higher than the current pps and that's only over the current quarter !
go global
From our friend RonnieD:
Posted by: RonnieD
In reply to: None Date:11/6/2006 10:34:39 AM
Post #of 83268
7th floor inhabited
GO GLOBAL
Interesting, but not all correct.
No Moderator for this board??? Where did Ronnie go?
I have the scoop. If you want the information, email me. I will not post this on the board due to SEC Regulations.
Do you have validating information regarding silver bears?! Do you have proof that they are infact selling silver bears. Tiffanys sells silver bears and a few other elite stores in NY and CA (Orange County & LA)
You have a obsession with a fat man. I think your jealous your wife does not look like me. Get a life...
Lori went to the lease office and only a secretary was in at the time and had no knowledge of anything (meaning she was not the person to talk too). She asked for a suite number as well, this was answered "there is not one in the directory for the business you have inquired about.
We also called stating we were interested in purchasing X amount of diamonds from them. We left a number to get back in touch with us and not a call back since. We stated my fathers company name in Fort Myers Florida with his business phone and my personal. We also stated we have deep pockets and we are looking for large amounts. Just for personal reference folks, my parents own a Gold & Silver shop. They either are 1) Fictional 2) Just do not care. 3) Mislead information
Either way, they are giving the run-around. There is no investor relations. There are no documents supporting or validating income.
My opinion, we got involved in hype which is good for daytraders and flippers, not the long term holders or people just learning this game as I.
GLE1, Jess
There was no listing in the glass case for Global Diamond Exchange 2 West 46th Street in New York City. Further more, Lori stated there was nothing to photo. Has anyone been to there main office? I also sold my 250000 shares, Smell a rat here. USSE a good target.
PLAY NICE BOYS, Class calls, gotta run.
LOL, we all have to go now. Class, you know! We get to test our models today for resistance in the wind tunnel. 1/3rd of our grade is based on this and that blows. Watch our diamonds freto and the rest of you. SMILE :)
LMAO, Mine can be recharged. How long does your battery last? :)
I also say shame on DRAGON52 , I read alot of his postings as well pushing a PPS Reset (heavy pumping). I think his knowledge and actions are soiled to the hilt.
Is this how it ends, you all bash each other now and the ignore buttons get used. Wow, I would say get together instead of acting like a college soccer team lol.
LOL freto, Kelli wants to know if your a cowboy lmao. I would say the rest but it is way to graphic. We are IMO beautiful southern girls except for one, she is from Brazil and she is hot, I will give her that.
Did I say that.... LOL
If I were THAT way, I would take Paris. I think I would slap her around a little bit because of the I am too good for the world attitude and then romp her like I use to romp my Ken Dolls into Barbie.
Your right mike.
IMO After reading much of the boards along with my girlfriends here in the dorm, we have noticed that there is alot of pushing forward on a position when the knowledge is out the a probable PR is to be released on or before a huge date.
The good thing is this:
1) We are in at a good level here.
2) Even after the push before the PR we will all have solid ground in the .02 range, maybe .03 because we believe this is worth more then what we see by a long shot.
3) After the PR we should see a 1 to 2 day spike and then a drop. IMO not to go back below the .02 or .03
4) SEC Filings will light the engines and push the penetrating nose of my toys forward to a beautiful kind of XTC for the day and believe me it wont be little micro size troops lol.