JMCP Corp. (Pink Sheet JMCP) James Monroe Capital Corp. Announces Buy Back of Common Shares up to .01 (Penny) in the Open Market
Tuesday August 28, 9:04 pm ET
PALM BAY, Fla., Aug. 28 /PRNewswire-FirstCall/ -- JMCP Acquisitions Corp. (Pink Sheets: JMCP - News) CEO, Frank Love announces, "A buy back of common shares plan has been preliminarily adopted. The common share buy back plan will be conducted in the open market at a price per share of up to .01 (penny) from the monthly Royalties generated from our vast oil well projects."
Frank Love further states, "This is a great day for James Monroe Capital Corp."
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.
CONTACT: Frank Love, phone: (254) 458-0473 e-mail: frank.love@jmcpacquisitions.com web site: jmcpacquisitions.com- a.googlepages.com/home |
