JPX Global Inc (JPEX)

[solong]

Let's break it down. The trade was for 115k shares at .002 - I'm positive.

They gave the order 105k shares at .002 and 10k shares at .0019. I'm positive...I saw the order.

Then they posted 1,826,259 at .0019 after hours, if you look at every trade that occurred at .0019, it was 379,811 shares. So the after-hours trade could be Auctus selling at a discount so that their broker can make some pesos and let's think about that one.

according to the contract, as posted on the SEC.gov website, Auctus can only convert .0499 of the O/S per conversion. This keeps them under the reporting requirements. Otherwise, they would need to file a 13G, Statement of Ownership.

IF this was Auctus, they moved 1.8mil of the first conversion. The first conversion, based on the reported O/S of 226,043,596 would be 11,279,575.

Less the 1,826,259 shares, in the after-hours trade would mean that they have a long ways to go.

here's another take on what is happening. They will need 236 mil shares from the company to convert, in order to get their $208k (stipulated in the Settlement Agreement)...IF THEY KEEP this at the current share price.

Since that rarely happens, they will need more shares and that would mean we need to see a DEF14C to compliment the PRE14C that we saw on August 30th.

Without the DEF 14C, we're not going lower...imo

as of 16:50 eastern there is no DEF 14c filed

SEC.gov times are all based on eastern - 17:30 the window closes on today's filings, anything after that will show up tomorrow.

https://www.sec.gov/cgi-bin/browse-edgar?company=jpx+global&owner=exclude&action=getcompany