James Monroe Capital Corp (JMON)

[rca]

Well if they do a r/s, and the stock falters, everyone here who bought based on the representation that they would not could tackle their officers down in court. (If they do a r/s and the stock climbs, then there's no cause of action-- so they'd have to be pretty confident that a r/s would make it rock.

I think they're going to keep the float as it is, or even allow more shares to be issued up to the maximum of 50,000,000,000 (choke!) total, then grow. If they are planning on making a company, they must think that they can get the price above .0001 in the long term.

Furthermore, I don't think that this Taylor Moffit person said, "gee, let's steal a million dollars with a public company," because we see that he has a steady income through his association with the Bradford companies. And these Bradford companies -- although they make it clear that they do not control or recommend JMCP -- do have their reputation a bit tangled with this company by having whatever weird kind of contracts they have.

So I believe they are trying to do something other than just pump stock.

But I could be wrong, I just don't know.