James Monroe Capital Corp (JMON)

[rca]

This is the weirdest potential stock I have ever seen in my life. It has 30,000,000,000 outstanding shares. 17,000,000,000 shares are in the public float.

The stock had no bid, just an ask at the absolute minimum price of .0001.

The new management claims that they are not going to do a reverse split.

New management asserts that there is a $2MM Costa Rica project that could be worth $20MM upon completion. If true, a $20MM asset will push the book value of the company to .0007 per share.

I don't know what to think, it's certainly bizarre. And if spin-offs are coming, that's weird too.

I suppose one could say you can't lose money with this stock -- the price cannot fall below $.0001 !! LOL.