Replies to post #15685 on James Monroe Capital Corp (JMON)

[Siruis]

10,000 to 1
http://pinksheets.com/pink/quote/quote.jsp?symbol=jmcp

[janice shell]

Okay, then Taylor changed his mind about the size of the split. I agree that starting with 9.1 million shares is more desirable that starting with 91 million.

What's key, of course, is putting a real, responsible business into the shell. We'll see if that happens.

[elcheepo]

Lotto, they will hold back the paper for the shareholder to recieve their post RS shares, they will dump all thier preferred (which will NOT (imo) be effected by the RS), the PPS will drop down to .0009, then you will get your shares and they will announce thier next scam... how many ways can your spell 'crook'? I can think of 3 ,,, Love, Moffit and McGovern....

[mAjOr dAmAgE]

If they only have 9 million shares, most likely there will be mass dilution thereafter when they find a "new business." What they really mean is they intend to sell the shell to new people and give the new people enough leeway to print shares.

If they did a 1:1000 and then capped the authorized to say 120,000,000 it would be a whole different story and show that 'ole Taylor had good intentions.

He doesn't. The only thing that can be done is a securities fraud suit against him and Frank -- get a copy of the documents that show Taylor received a vig on the raise -- and then make them show that the Reg D investors who received the billions of shares weren't merely nominees.

That's the only viable thing for any of us to do.