James Monroe Capital Corp (JMON)

[rca]

Well the problem I have is there has to be a basis to issue unrestricted shares. Any insider shares should be restricted 144 shares. I've emailed the company and I've asked them to address this. If there is some prior debt that the company owes, then that's one thing. But if someone affiliated with the company is issuing unrestricted shares, then it's probably something messy.

The company cannot properly issue unrestricted shares to raise money unless they know of an exemption I don't know.