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30 days til All performance items are due. Rumor is that Frank has given Hovendicks shares to transfer agent and they are awaiting Hovendick to accept them as of mid last week.
JPEX: Your welcome Jimmy! GDVM is a squeeky clean shell that Melvin took over.
Thanks Eagle1. Good luck with $GDVM and VeeMost. Melvin deserves a super clean shell.
I'm still in $JPEX searching for a rainbow, Marshall Tucker style.
Hoping Frank and Mitch come up with a good candidate for RM.
34 more days til all performance items have to be completed then Hovendick jumps on our side and becomes member of pump squad. At least believe these two men are gonna pump this as hard as they can once settled. All roadblocks will be removed and Hovendick will put his foot to the gas
Not sure if Frank owns shares directly. I doubt that. All of the players here will use proxies to accumulate share(Frank and Hovendick) if that’s what they are going to do. They wouldn’t but directly themselves in my opinion because they would get into hot water with SEC. but do I think they have been indirectly been accumulating. Yes I do and now we are right at the beginning of the “pump” phase. I’m OTC it’s more important to know what phase you are in than actually how good the company is.
Does Frank own any JPEX Common shares?
And if so, has he disclosed how many?
I know he has 5 Preferred A shares which are "control" shares. Each Preferred share is convertible to 2B common shares which basically establishes his voting control over JPEX.
Or at least that is how it was as of JPEX's last Annual Report (FY 2021).
Here’s the odd thing about all of this I don’t understand. We were told Hovendicks shares were cancelled Oct.21. He has 75 million common shares and 10 million common that can be converted into 100 million common shares. However the share count hasn’t changed in 3 years. It’s exactly the same as it was before Frank took over custodianship of Jpex. Plus in March 2022 Quarterly report HD was listed as a 5% owner even though we were told his shares were cancelled. Some odd stuff here. One thing I’m almost sure of is that Frank and HD are gonna pump this once issues are resolved. You can argue other stuff but a pump is coming soon
I do believe that judge could have dismissed the case but that would have been worst thing for us because HD could’ve file another case and delayed it more. Best case is to make the deal and settle it once and for all. Contracts have already been signed. If this was a simple give back HD his shares I don’t think it would take 3 months. Now I could be wrong and I was wrong about veemost but the shares were authorized on 8-31 so I’m not sure why it would take 2 months to give them to Hovendick.
Perfect. THANK YOU!
Just to add the following from the NRCP "rule book": 16.1 (e) (1)
Seems like a reasonable approach. But isn't it possible that the share count on OTCM already includes shares held by Hov (as well as Caywood and maybe others)?
In other words, if Frank's lawyers want a true share count posted on OTCM, they might need to file another court case to exclude JPEX shares that are currently illegally held? I.e., have the OS reduced!
Frank has done this with several other of the shells he has owned.
This is a deadline that lawyers gave in the Aug. 2nd court date. You may be right in they won’t announce anything til Nov court date. The thing that I’m looking at that may be early sign is the share count on otcmarkets.com. Once the share count goes up I think it means Hovendick has his shares and performance is completed. We shall see.
Sorry I missed the window for sending you my email in a private reply this past Friday.
For the time being, since I trust you, I will take your word for it that the "performance deadline" is Nov. 1, 2022. Although I usually like to see such important info in the original source with my own eyes, I may have to make an exception in this case.
But like I said, I do trust your word.
PS. In any case, I don't expect an "early" announcement of an agreement. That is NOT how these things usually work. Both sides lawyers will likely be working all the way up to the deadline of when a hearing is actually scheduled and held.
When the hearing is scheduled, it should appear in the case info and then everyone will know for sure.
I thought it took up to a year to complete
Don’t forget to note that GDVM is up about 300% in the last month since they basically made the RM announcement with Veemost! Wait and see what happens here!
Melvin has been publicly on record at OTC Markets with that ticker since September 5 for those of us that pay attention.
Today is September 22. Congratulations on your "alert" in all bold.
$JPEX: Attention all that like Veemost. The CEO of Veemost took over a super clean shell called $GDVM and its a done deal with only 324M shares float.
This GDVM is a clean shell with no debt and he promised no dilution.
https://www.otcmarkets.com/stock/GDVM/security
Melvin Ejiogu
@MelvinEjiogu
$GDVM majority control acquired and all outstanding debt purchased. I also purchased 12% of outstanding shares and returned them to the treasury. No dilution will occur. I’ll be sharing updates soon with everyone on our new journey.
$GDVM majority control acquired and all outstanding debt purchased. I also purchased 12% of outstanding shares and returned them to the treasury. No dilution will occur. I’ll be sharing updates soon with everyone on our new journey.
— Melvin Ejiogu (@MelvinEjiogu) September 21, 2022
39 more days til all performance items are to be complete. If this were a simple stock giveback I don’t think it would take this long. If you google how long does it take a reverse merger to take place it say 2 weeks to 4 months. I hope and I believe that. Reverse merger is part of the performance items
Thanks for your efforts. Think you may have gotten "grandfathered" into the most recent system.
In any case, I will keep trying to get set up the same way that you are.
I don't give up easily.
Sorry for pestering you so much today. You've been a real gentleman in putting up with my efforts.
Looking forward for all longs to make a few bucks on this former "favorite daughter" of Frank's. Frank recently came thru on Nano Mobile Healthcare for all of those long-suffering shareholders.
Will send you a PM on Friday with my e-mail.
Would just like to look at the doc that states the next hearing is scheduled for Nov. 1.
Send me your email and I’ll send you any document you want
I use Unicourt so I got all the documents to the case saved
I got an account a long time ago, I don't remember the specifics of signing up. I just know that there is no annual membership fee or anything and there is only demand for payment if I want to see an entire document beyond the free portion of the first page.
Somehow I figured it out and have had access for years.
Knowing what is true and what is BS with custos when many do not has been unbelievably worthwhile. I know who is lying. I know who is exaggerating. I know who is telling it like it is with exact accordance to the court documents. And who is not.
You should probably contact the Court for further assistance with getting access. I'm all tapped out, I just know that I sign in and I have access with no payment needed unless I want a full document.
I have not added a payment account.
Perhaps that is the problem?
I did not want to give them my credit card info. Perhaps in the future??
Getting "tired" of trying to view documents myself. LOL
I'll just trust your word on what they say for now!
LOL. Don't see any "View Document" buttons.
Maybe it takes a while for new accounts?
Anything is possible. It was also possible Veemost was just waiting for the case to end to jump back in. That sure didn't happen.
Heck, it was even proclaimed that Veemost dude would want to only deal with Frank because of familial loyalty, having their backgrounds in common.
After JPEX, turns out Veemost dude wanted nothing to do with any of Frank's ample supply of available tickers - he bought his current ticker back in June, one that had no Frank involvement whatsoever.
I wonder why he said Sayonara to Frank. Must have had good reason to eschew that familial relationship and everything.
Simply be signed in before you pull up the case number through Smart Search.
You will now have "View Document" buttons that weren't there before.
It logs you out annoyingly quick, just sign in again when needed.
Well I'm getting closer. I've completed my registration.
What next to get to the sacred land of court documents with the free first page review?
Fair point but also on the other hand it does not say that it will take until Nov. 1st to get everything done and drop the lawsuit sooner. Lawyers are usually pretty cautious and like to have a lot of leeway or time to get it done
Can't find the sign up for free link?
Help please! tia
That was the "Sign up for a free account to gain the ability to see the documents themselves" part of my post.
Once signed in to your account links to the documents will then appear.
Thanks. Know how to access case info from link you posted.
However, I haven't been able to access the "first page reviews" that you refer to.
Can you tell me how to access that info?
I would greatly appreciate knowing. TIA
It wasn't a news release, it is something to be found in court documents. Case A-21-844867-C at https://www.clarkcountycourts.us/Portal/ .
Sign up for a free account to gain the ability to see the documents themselves - first page previews are no charge but then you must pay if you want to see the rest of it. Often that preview tells you all you need to know.
Here, for instance, the lawyers have asked until Nov 1 to complete performance stuff before dismissal. Mind you, I do not agree that that means lawsuits are dropped on Nov 1 as has been claimed, nor do I think it is any kind of "deadline" that has legal repercussions if missed. Nov 1 is just the next hearing scheduled, by which time the lawyers think they should have the performance stuff done.
Learn to do DD and always examine it for yourself. Only a fool blindly trusts opinions from anonymous strangers on the internet.
My 2 cents. Couldn't find any link to the deadline asserted in the post you responded to.
Disclaimer: I am not a lawyer and was therefore just searching legal rules of Clark County (Eighth Judicial District Court of Nevada) such as those in the documents linked below:
http://www.clarkcountycourts.us/general/court-rules-and-administrative-orders/
http://www.clarkcountycourts.us/res/rules-and-orders/Rules%20of%20Practice%20for%20the%20Eighth%20Judicial%20District%20Court.pdf
Ah, thanks! Is there a link to that news anywhere?
Nov. 1 is the date agreed by both parties that all performance items are to be done and lawsuits dropped
Newbie here, what happens on that date? Thanks.
OK. So if nothing by first week October, then likely between then and first week November?
I don’t think it’s a hard deadline but both attorneys said everything should be done by then. Normally they want some leeway and calendar are usually set in 30,60,90 days calendars I’m assuming that means they think it will take more than 2 but less than 3.
Is this really a hard deadline?
Or does the Judge have any discretion in this regard?
46 days til everything has to be done
I apologize it wasn’t clear who you were referring to and who you were calling pathetic. Please send me a private message if you see a post that you think is inappropriate
They were pumping a stock that has nothing to do with Frank or JPEX and did not belong on this board. You're a Moderator, you can see the his posts that were removed.
Why are you trying to defend that other ticker being posted here and harassing folk that are here for JPEX discussion?
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.
I am happy to hear that...I know I added a lot.
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
I think thats a good sign!
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