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Monday, September 17, 2007
GBDX Global Diamond Exchange Inc. Changes Ownership
NEW YORK, NY--(Marketwire - September 17, 2007) - Management for Sib Almaz is pleased to announce that it has completed the purchase of the controlling interest in Global Diamond Exchange Inc. (PINKSHEETS: GBDX). Sib Almaz is now in full control of the company with new management already in place.
New Chief Executive Officer, Mr. Slava Beurikov states that, “Purchasing the controlling interest of Global Diamonds Exchange and installing new management was the first part of the transaction. We are now proceeding with the second step—to reduce the number of shares, through various means including but not limited to a repurchase of shares. The company’s ultimate goal is to eventually exit from the domestic markets. Details will be made public through press releases as they occur and the transaction progresses.”
The upcoming fall season—New staff has been hired and fall orders have already been placed. The company views the New York office as an exciting opportunity to expand its business into New York City and utilize the space that is available. Additionally, Sib Almaz is considering the opportunity to enter the retail side of the business and is looking into acquiring retail space in New York City’s Diamond District.
About Global Diamond Exchange:
Global Diamond Exchange originally opened their office on 2 West 46th Street in the heart of the New York’s Diamond District. After several years of operation at their New York office the company decided to shut down the operation due to low pricing and soft demand in North America. The company concentrated its efforts on exporting cut diamonds from the Russia Federation and European locations. The new company has reopened its sales offices in the original building ready to take on the increased demand for fine quality diamonds.
NOTE: Safe Harbor for Forward-Looking Statements.
This press release contains forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995 (the “Act"). In particular, when used in the preceding discussion, the words “plan,” “confident that,” “believe,” “scheduled,” “expect,” or “intend to,” and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, the ability of the Company to complete the planned bridge financing, market conditions, the general acceptance of the Company’s products and technologies, competitive factors, timing, and other risks described in the Company’s SEC reports and filings.
Contact:
Slava Beurikov
646 756 2866
Email: Email Contact
Tuesday, September 04, 2007
PALM BAY, Fla., Sept 04, 2007 /PRNewswire-FirstCall via COMTEX/—JMCP
Acquisitions Corp. (Pink Sheets: JMCP) CEO, Frank Love announces, “Rosneft’s
Samara Region Oil Field is one of our three Oil Projects. Here is some
information concerning this project:”
Former YUKOS Property Purchased by Rosneft at auction in 2007
1. Quantity: Three (3) licensed sites
2. Size: 725 sq.km
3. Type of proven reserves: 2.0 million ton of gas-condensate crude oil -
C1 - 1.5 million ton crude oil - C2 - 5.0 million tons
4. Qnt. of operating wells: 11 wells
5. Qnt. of obtained crude oil: 15,000 tons a month
6. Qnt. of prepared wells: 16 additional wells are ready for drilling
(passports are in place)
7. Qnt. of capped wells: 3 wells are capped and ready for future
exploration
8. Communications:
a) Highways there numerous highways crossing the fields
b) Railway “Zekeznodoroznaja” railway station is located in the middle
of the field
c) pipeline the major oil pipeline is located 60 kms from the fields
9. Future exploration: 180,000,000 rubbles will be required to increase
the production to 100,000 tons a month.”
Frank Love further states, “This week as a part of our urgent meetings, I spoke
via teleconference with the Russian General in charge of this location, and the
talk went well as I had hired a Russian/American to help interpret our dialogue.
I will retain our Russian interpreter indefinitely.”
Frank Love, also states, “One final note, I noticed that the short interest on
JMCP has increased 1,694% since last month. Like a thief in the night, I will
show absolutely zero mercy to naked short positions.”
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: http://www.jmcpacquisitions.com-a.googlepages.com/home
SOURCE JMCP Acquisitions Corp.
http://www.jmcpacquisitions.com
Copyright (C) 2007 PR Newswire. All rights reserved
Monday, September 03, 2007
JMCP Corp. (Pink Sheet: JMCP) James Monroe Capital Corp. Announces Results of 5 Day Meeting and the Connection to Rosneft the Russian Federation Owned Gas & Oil Conglomerate
Monday September 3, 4:34 pm ET
PALM BAY, Fla., Sept. 3 /PRNewswire-FirstCall/—JMCP Acquisitions Corp. (Pink Sheets: JMCP - News) CEO, Frank Love announces, “The 5 day emergency meeting was a total success. I will be press releasing the topics covered and the results over the next several business days.”
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Frank Love further states, “On the JMCP Acquisitions web page (http://www.jmcpacquisitions.com-a.googlepages.com/home) under the file name: PlanofActionSummarry.doc You can read all about the JMCP Acquisitions Joint Venture with Strat Petroleum in Rosneft territory. In all of our contracts with Strat/Rosneft I demanded a “First Rights of Refusal”, for all projects. In other words, we have the right to decline on any future Oil projects before they can pass the offer onto the next company looking to venture into the vast Russian Oil operation. Is it predatory? You bet!”
Frank Love states, “Rosneft has positioned itself above Russia’s 2 largest Oil companies Lukoil and Gazprov. Rosneft expects to produce 145 million tons of oil by 2011 with their newly purchased YOKOS assets at auction in early 2007, one of which was the “Samara Region oil fields”. Russian President, Putin, is utilizing these vast oil fields as a tool to attract foreign investment dollars into Russia.
Frank Love continues, “There’s an old saying in the real state business, location-location-location. In the oil business we have our own saying, its “Strategic Location” and James Monroe Capital Corp. cannot get anymore strategically located then it currently is with the Strat/Rosneft Joint Venture in Russia.”
Frank Love, also states, “One final note, I noticed that the short interest on JMCP has increased 1,694% since last month. Like a thief in the night, I will show absolutely zero mercy to naked short positions.”
