JPX Global Inc (JPEX)

[Jimmy Joe]

If float is locked, which I also think, and insiders possess most of these shares, which I also think has been happening since the stock went south last year......

I may be willing to wait and see who the candidate is.

[sylvia07]

I am happy to hear that...I know I added a lot.

[Anthonyb]

Great sign Sylvia. No one is selling for the peanuts now. They know news is around the corner and I believe insiders are holding most of the stock right now

[sylvia07]

I think thats a good sign!

[Anthonyb]

Float completely locked up now in my opinion

[Jimmy Joe]

Sounds like a good analysis to me Anthony. Thank you for you valued opinion. Good stuff.

[Anthonyb]

49 more days November 1

[chemist72]

Forgot if there's a deadline on case continuation granted by Judge on 8/2/2022?

tia

[sylvia07]

Thanks, Anthonyb, , happy to hear to your valued opinion.

[Anthonyb]

I 100% believe that HD will have a lockup period on his stock of maybe a year because he would tank the stock if sold all at one time. In order to agree to that I believe he will get to ok the merger partner as part of the deal because he doesn’t want to do lockup and get a crappy company and his shares worthless in a year so he’s gonna make sure Frank picks a good merger. I believe that’s why settlement taking so long because the merger being completed is part of the deal. If this were a simple give him back his shares deal it would’ve been done a long time ago in my opinion

[sylvia07]

Why do you say because of the exposure Hovendick brought?

[Anthonyb]

When all is said and done I believe all this with Hovendick will bring us a better merger partner

[chemist72]

VeeMost CEO, Melvin Ejiogu, added to another ticker.

"Melvin Ejiogu
CEO, President"

https://www.otcmarkets.com/stock/GDVM/profile

$GDVM .0096, looks like Veemost coming in here https://t.co/tFNS2moWJQ

— edved trader (@edvedtrader) September 6, 2022

[threewheeler]

yeap saw that thats why I said I'll wait

[Anthonyb]

It was 1.5 billion before. No change in shares in 3 years. Odd thing is that even though they said HD shares were cancelled there was no change in shares. The outstanding share count is usually updated every Friday by 8pm. I will be checking. If it goes up we know HD got his shares and we are one step closer to getting out of Hovendicks jail.

[chemist72]

My mistake. AS is now 2B as of 8/30.

What was it previously?

More importantly, has there been any change in the restricted and/or unrestricted shares counts as shown on OTC Markets? If there were shares issued to Hov, it should show up in changes to either the restricted share or unrestricted share counts.

tia

[chemist72]

.

[Eagle1]

VEEMOST CEO took over GDVM shell FYI

[Anthonyb]

Not a conclusion. Check otcmarkets.com share count was updated from 1.5 billion to 2 billion. Also it was updated on the Nevada SOS website as well. Frank’s said they will be issuing some new shares as part of the HD deal

[chemist72]

Are you saying JPEX increased AS by 500M on 8/30??

If so, how did you come to that conclusion?

tia

[Anthonyb]

With clean shell and merger partner I could see us going to .01 possibly .02 on news of merger depending on how legit the merger company is. Definitely should be at least 3 times current market cap. Jpex went .04 on day merger was announced so we shouldn’t have to wait til it’s completed to see some nice gains

[cardmaster114]

I agree with your analysis. The only question is the timeline. Even if a merger is announced and completed, it will take 4 to 8 months for the new company to be free on the open market. That is if everything goes smooth, which has not been the past experience.

[Anthonyb]

500 million shares authorized on 8/30.usually takes 2-3 days to issue shares.Hovendick should get his shares this week and hopefully withdraw lawsuit next week. Only 53 days before everything has to be completed and I think will be done sooner than there

Here are some opinions trying to read between the lines

1) Hd will probably get more than 100 million shares with lockup period. Won’t be able to sell all at one time. In order to agree with that I believe he will have to ok merger partner because he wants something legit in order to hold for probrably 12 months

2)4 1/2 months ago Frank posted on Twitter all popular shell closed/about to close. Jpex was most popular. If they were close to closing deal 4 1/2 months ago it must be really close now.Stands to reason that merger closing was part of HD package deal and he oks merger company.

All speculation but I do think it makes sense

[sylvia07]

Their are posts on stockwits

[Jimmy Joe]

Looks like this will be a while yet. If everything is signed off on they should make it official. As for another candidate, looks to be a ways away. Hopeful Frank can find something good.
This is looking to be a short term play for me. If it goes 1 or two pennies I am likely out.

[Starlost]

Congrats. First post of the day.

Fun times.

[Jimmy Joe]

Great synopsis. LOL~!

The desert highway looks straight and fllat yet the earth is round.

[threewheeler]

yeap think Im gonna wait b4 entering again if they are not even sure who wants this, but willl be ready when they have real updates

[Anthonyb]

I do know that any company that reverse merges will want some room in the authorized share. Right now only 88 million shares left. Frank is probrably gonna sell some shares himself to cover lawyers fees for 9 months of litigation

[Jayman5000]

I have no idea how many he's getting. Him getting more shares dilutes everyone holding at the time, including his own current holdings. But he is the one getting the additional shares while the rest are not.

[tractor4sale]

How many shares do you think Hovendick wants issued? Doesn’t more shares depreciate the highest value of his share count in the long run?

[Jayman5000]

I wonder how many shares are going to be handed out, the AS raise the other day was for half a billion.

[eyeownu]

Wonderful

[HomeRunSwing]

Sweet! Here comes the pennies......

[Jimmy Joe]

Thanks Lula.

[LuLa]

$JPEX settlement agreement has been signed by all parties. Next steps: Some common shares will be issued. All parties will withdraw all lawsuits. Once these performances are completed, $JPEX will start seeking a new merger co. @Alpharidge_Cap
@opportunityzon
@NIHKEV
@GiveMePower5

$JPEX settlement agreement has been signed by all parties. Next steps: Some common shares will be issued. All parties will withdraw all lawsuits. Once these performances are completed, $JPEX will start seeking a new merger co. @Alpharidge_Cap @opportunityzon @NIHKEV @GiveMePower5

— Frank Ikechukwu Igwealor (@igwealor) September 1, 2022

[Jimmy Joe]

Want pretty nurse~? Must be patient.

I hear you. I think tractor is right. Just a matter of time.

Out in Jospehine County Oregon until the 6th of October where men are men and crazy is normal.

[Anthonyb]

What’s up JJ. Just watching the grass grow around here. This stock has helped me work on my patience

[Jimmy Joe]

Have not posted in a while. I see nothing has happened just yet.

Not surprised. This HD clown gonna push everything to the last
minute. His Hail Mary pass. What a Have No Dick

[eyeownu]

somebody ate those .0022s up today

[Anthonyb]

I think you are right. Most of this stock is consolidated into very few hands and more than like locked right now. All we need is announcement right now

[tractor4sale]

There’s no need to think! When the announcement comes and 85-90% of the float is locked up, anyone wanting to buy shares in bulk will have to be prepared to pay a price 200-400% more than the current price! That’s my prediction and it is exactly how hedge funds and market makers make huge returns on their investments! I am sure the insiders and Hovendick believe that is well…

[Anthonyb]

I think it’s being prepared for a big pump IMO

[tractor4sale]

I think there is a lot of trading being done between market makers in an attempt to accumulate shares! I put in a order this morning a couple of hours before the market opened for 100,000 shares at .0022 and got 27,500 filled within the first minute of trading at the 9:30 opening. Since then my partial fill hasn’t been filled yet and over 1.375,000 shares have been sold into the bid at .0022. 5 minutes into the trading day there were only 245,000 wanted on the bid at .0022 and my bid would have been a part of that. Two more million then gets added to the bid and they become the major priority before filling my remaining partial bid….

[Anthonyb]

Not trying to pull a gotcha. Just saying that Nov. 1 should be seen as the finish line on this and not another continuation and more to be done. I respect your opinion on Frank but just remember there are some of us who just want to get our money back on this. We’ve suffered enough on this whole ordeal

[Jayman5000]

You claimed I was missing something , as if I was somehow mistaken or something. My quote was verbatim from the court minutes. And those court minutes are from a later point in time than the filing you are referencing.

I don't really understand what you are trying to prove, but if you are trying to pull a "gotcha" moment or something on me you have failed. You even just admitted yourself there is more to be done after trying to claim the settlement was done in the previous post I think?

[Anthonyb]

I got all the documents for both the status report and dismissal hearing. I’m not saying you’re wrong but it says they expect all performance requirements to be completed by November 1

[Jayman5000]

But I'm not missing the part where the day after the filing you are referencing they said they needed to complete performance under that settlement agreement before dismissal. My quote is from the minutes of the 8/2 hearing that was filed on 8/2 at 9:05 am. You are referencing a previously prepared status report that was electronically filed 8/1 at 1:31 pm.

I can provide the screenshots with court time stamps if needed, just don't feel like it at the moment.

[Anthonyb]

you missed the part on the court Document where both parties stated that a settlement has been reached on the status report by both parties

[KRS2]

Any VeeMost news while I was away the past 7 days?