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[golfguru]

JMCP enters ethanol business

James Monroe Capital Corporation Establishes New Subsidiary Devoted
Solely to the Ethanol Industry
Thursday July 6, 8:30 am ET

(Watch the volume here. The 10-d average is only 24M, and with oil
over $75 you might see something like this take off)

http://biz.yahoo.com/bw/060706/20060706005131.html?.v=1

CHICAGO--(BUSINESS WIRE)--July 6, 2006--James Monroe Capital
Corporation (Pink Sheets:JMCP - News) today announced it has
established a new subsidiary devoted solely to the ethanol industry.
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The name of the subsidiary that has been established is Diversified
Ethanol, the new subsidiary will act as a holding company investing
or joint venturing in ethanol/bio fuels related products and
services.

The newly formed subsidiary/company has plans to set up its
headquarters in the ethanol heartland of Iowa, as management
believes Iowa will afford extraordinary exposure and opportunities
for Diversified Ethanol.

Taylor Moffitt will be the CEO of the new company and oversee the
initial growth stages. Moffitt said, "As gasoline prices continue to
remain high with no end in sight, this is a perfect time for us to
enter the alternative fuel sector such as ethanol. The demand for
ethanol is growing by leaps and bounds and we intent to participate
in a big way with this exciting industry. Bio fuels are renewable,
and burn clean, and the biggest appeal we see is solid earnings
potential."

More information about the project will be available on the
company's new web site, www.DiversifiedEthanol.com. The web site is
under construction, and will be fully functional by the end of July.