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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.”
Thursday, August 30, 2007
RLTR ReelTime Appoints Beverly Zaslow President
Thursday August 30, 8:32 am ET
SEATTLE, WA--(MARKET WIRE)--Aug 30, 2007—ReelTime.com (Other OTC:RLTR.PK - News), the video-on-demand broadband network, announces that Beverly Zaslow, current Executive Vice President of Business Development, is being appointed President of ReelTime Rentals, Inc. Her expanded responsibilities will include managing marketing, sales, and all aspects related to the media side of the business, in addition to overseeing content acquisitions. Barry Henthorn will remain as Chief Executive Officer, managing technical aspects of the business. Henthorn and Zaslow will act together in managing the company.
ReelTime.com offers high quality p2p video streaming that appears onscreen within seconds, plays on a computer full screen, or on a television screen, and in DVD quality. The proprietary technology is considered unique in that it is a true “point, click and watch” system where nothing can ever be pirated or copied.
Ms. Zaslow began her professional career in 1980 working with Jerry Weintraub’s Management III and Concerts West, later working in HBO’s theatrical division, then on to Lorimar-Telepictures in the mid-late 1980s, working in worldwide acquisitions. She first met Mr. Henthorn in the mid-1990s while producing a series of award-winning documentaries on emerging trends in technology using Mr. Henthorn as an expert, finally landing in Seattle in 2001 to head up worldwide business development for KCTS, the Seattle PBS affiliate.
According to Barry Henthorn, CEO of ReelTime.com, “It is important to promote Beverly Zaslow to President and COO at this time.” He added, “This is a crucial step in filling out our executive team and enhances our position in the entertainment business as a media company, as well as a technology company.” Adding, “Her strong background and years of experience in the entertainment world will enable our team to move further and faster towards our goal of making ReelTime a household name.”
“Digital distribution is the future of media,” said Beverly Zaslow. “As consumers become more and more sophisticated about what they want in this space, it is all about the user experience—and we have the best environment of anyone.” She added, “When people come to ReelTime.com, we plan to be their one stop destination for all home entertainment needs. We look forward to becoming a dominant player in this space.”
In addition to appointing Ms. Zaslow President, she will be joining its Board of Directors.
About ReelTime.com:
ReelTime.com’s mission is to offer the highest quality video streaming of theatrical and television programming, over its online broadband network, enabling viewers to watch whatever they choose, anytime and anywhere they want to see it—all they need is a broadband connection. ReelTime offers the first DVD quality “Point, Click, and Watch” user experience available on the World Wide Web. ReelTime is providing the public the next generation of online viewing technology, designed with the built in capacity for unlimited growth
