James Monroe Capital Corp (JMON)

[rca]

RESPONSE FROM JMCP PROMISING PR TO ADDRESS SHARES:

The following is a response from JMCP regarding shares:

That is a lot of shares. We gained about 51% of the shares when we purchased the corporate shell. It appears that we should have done a massive reverse stock split when we first bought the company. There are a lot of people selling previously restricted stock. Though we are not allowed to divulge shareholder identities, we will comment that there were large MN shareholders when we purchased the shell, Reg D offerings (504) in Minnesota are different, and these preexisting shares may account for some of the frustration we are experiencing.

We will do a PR to address these issues more fully.

Thanks for writing!
JMCP