Replies to post #996640 on BB's Stock Haven

[Domerfan17]

How much are you getting paid to promote that garbage???

[word_up_yo]

JMCP-@.0001 run to .006 $270M Oil Deal: Read

James Monroe Capital is in the Final Stages of Financing the Strat Petroleum Joint Venture
BusinessWire - May 17, 2007 7:30 AM ET


Frank Love, President of James Monroe Capital Corp., is pleased to announce that James Monroe Capital Corp. (Pink Sheets:JMCP) is in the final stages of the process of completing its financing. It is anticipated that the financing will be completed at the end of this month or early next month.

Frank Love states, "In many recent press releases, I discussed $270 million dollars worth of oil sludge in Bashkorstan Russia, 48 million barrels of oil reserves, (with today's price range of $50-$60 a barrel) in the Samara region of the Russian Federation, Wales Holding Corp. (Wales Gold Mining), the Ghanaian-based Gold Company with properties in the Ashanti belt region, and the formation of the James Monroe Capital Royalty Trust.

"The major hurdle that I had when I took over this company was to get it properly financed so we could pursue our deals that would provide shareholder value. We are now well on our way in doing this. The gold-asset that we acquired will help us in getting financed efficiently as well.

"We will finance the joint venture with Strat Petroleum using debt. Debt financing will also be used for our other projects, like acquiring hundreds of the thousands of Stripper Wells available in North America. I am still negotiating terms and will have this finalized shortly.

"Concerning the James Monroe Capital Corp. Royalty Trust, in order to participate in the Royalty Trust one must have a date of record June 1, 2007. Also, I am currently in talks with a potential Underwriter and Trustee for the Royalty Trust who has current and past experience Underwriting, Listing and Managing monthly dividend paying Royalty Trust with several NYSE Royalty Trust.

"I look forward to keeping you updated in these exciting times."

This press release does not constitute an offer of any securities for sale. This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the company's limited operating history and history of losses, the inability to successfully obtain further funding, the inability to raise capital on terms acceptable to the company, the inability to compete effectively in the marketplace, the inability to complete the proposed acquisition and such other risks that could cause the actual results to differ materially from those contained in the company's projections or forward-looking statements. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.

SOURCE: James Monroe Capital Corp.

for James Monroe Capital Corp.
Harold Engel, 254-458-0473
info @chinookinvestmentgroup. com
www .jmcpcorp . com

[zoot19]

THX look also qoil,espiq and prav
and of course put your radar on prhb in spite its past
history this stock will bounce big.
thx for the pick now is on my radar