Certified moron
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The O/S=5,495,710,503 a/o September 30, 2023. The stock closed the day before at .0003 giving SPZI a total market value of $1,648,713. Earlier that month the pps was .0001 and market cap was $549,571.
Now thanks to Park's hype, hooplah and hot air the market cap is magically $47,559,266. And NONE of that valuation represents money in the bank for Spooz. In fact, Spooz is beyond broke hence this final entry in Q1----
Then explain why Park is so desperate to go public (for at least the 3rd time) and why you think he's willing to make all you gullible schmucks rich when neither he, nor his board own ANY shares whatsoever. According to him and all you pumpers he has no need of financing to make good on all these billion dollar deals he has put together. And even if he doesn't have the funding the only way SPIZ could provide any would be to sell shares which it is OUT OF.
I'll wait.
Since Park obviously had or no money with which to buy himself a ticker, IMO he cut a secret deal with Strickland, Goulding and other beneficial shareholders to pump the crap out of SPZI until they are able to offload their shares for fat stacks of pre-agreed cash. Only then, I suspect, might he be given full control/ownership of SPIZZ and the green light to reverse split the bejeezus out of this turd.
Of course, a R/S would have no negative effect whatsoever because no one here would be so stupid as to head for the exists, correct???.
Park secured a letter of credit from an unnamed bank in Singapore? He has NO ASSETS!!! That BS came from the same PR posted by "CEO Paul Strickland" on 12/20/23.
"Details to follow" ....??? That was 5 MONTHS AGO and still "no details."
FYI--
You're right...it was on the TeamJP3E pump team Twitter account (aka JP3E (formerly Spooz) $SPZI Shareholder Network). They hijacked JP3E's little green lightbulb with a plant inside logo to make it seem official.
You are correct of course, with most OTC, but not with $SPZI. Two points here:
— JP3E (formerly Spooz) $SPZI Shareholder Network (@TeamJP3E) February 17, 2024
1) The $SPZI formation docs state that a
R/S requires a shareholder vote. Yes, board would win that vote, but a vote must be had. With that, even calling a vote would kill the company as investors… https://t.co/ktkTftS4Qx
Again...the "no plans for a reverse split" were in a post published by CEO PAUL STRICKLAND with the headline "Clearwater Florida." Yet John Park did not say there couldn't or wouldn't be one in his tweet on 2/17/24. He said one would require a vote (true) and admitted what would happen (again true). I suggest you read their safe harbor statement which says
Posting news after hours on the Friday before a 3 day holiday weekend? Well if it's GOOD news then the timing is stupid.
But if it's BAD news then that makes sense because they hope the panic will subside after 3 days.
The government does this all the time.
2/17/24--John Park wrote--
No salaries and no stock owned by management/BOD. Page 6: https://www.otcmarkets.com/otcapi/company/financial-report/402674/content
According to pumpers everything is self financed and they're all working for FREE.
There are only >> 89,487 shares shares left to issue <<...current value $716!!!!
Anyone care to guess how this is gonna end?
Well the office is apparently the mangers office at the "Leadership Hall student housing" apartment complex. Records show Park and his wife Grace have lived in apartment #425 for the past 4 years. Others have reported that is the same address on their voter registrations.
Want to rent an apartment there? Just call the number on their website... it's the same one Park used for his defunct "5 Loaves 2 Fishes Orchestra."
https://www.g2elitehousing.com/
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174258215
Ya'know..Bloxcross could literally rule the world >IF< it could both knock off even 1/2 of 1% of international payment costs >AND< turn fat profits for itself. Frankly I don't see either happening.
What I DO see happening is my SCAM-O-METER pinging anytime a company is willing to crawl in bed with with a burned out "shell risk" ticker with no assets, no more stock to sell and a troubled history.
"NEW LOGO!!!--stationery, business cards next..TO'DA MOOOON!!
"Honesty???? Success???" The avalanche of lawsuits indicate otherwise...
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174201492
That's the ticker Park pumped-&-dumped last fall before slithering over to SPZI on 12/8/23 with the same BS. NHMD had a "run" too....from 0.0001 - 0.0029...only to implode back to .0002 - .0003.
Before that John Kyungjik Park arguably wrecked RENAVOTIO (RIII --now DELISTED) by conning them into buying his 4 month old PPE SOLUTIONS GROUP which imported Chinese counterfeit 3M N95 face masks. https://www.marketscreener.com/quote/stock/RENAVOTIO-INC-120795733/news/Success-Entertainment-Group-International-Inc-signed-a-letter-of-intent-to-acquire-PPE-Solutions-Gr-33755908/
https://contracts.justia.com/companies/success-entertainment-group-international-inc-8296/contract/122994/
They made him CFO/Treasurer later that same month (August 28, 2020). A couple months the scam was revealed. Then on Dec 23, 2020 — Renavotio, Inc. Announces Resignation of John Park as Treasurer, Principal Accounting Officer and Director. https://www.marketscreener.com/quote/stock/RENAVOTIO-INC-120795733/news/Renavotio-Inc-Announces-Resignation-of-John-Park-as-Treasurer-Principal-Accounting-Officer-and-Di-33574322/
Park is named in court records: https://casetext.com/case/3m-co-v-ppe-sols-grp-2
Renavotio was slapped with multiple lawsuits. The SEC shut it down May, 25, 2023 https://www.sec.gov/files/litigation/admin/2023/34-97570.pdf
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173501620
No symbol changes for "shell risk"/zero asset tickers. The minute CEO Park posts any "material changes" as described below he can petition OTC for removal of that warning. Sucks for him that MOU's and letters of agreements aren't "assets." If any of his supposed acquisitions have any assets he ought to be able to claim those...that is if he actually owns them as claimed. He claimed JP3E had "received $18 million from Kokomo and the state of Indiana" to build the Harmony Villas project. He apparently lied because that money ain't in Q1
https://www.globenewswire.com/en/news-release/2024/02/28/2837140/0/en/SPZI-JP-3E-Holdings-Inc-Receives-23-Million-Purchasing-Kokomo-Indiana-Harmony-Villas-Project-Adds-Rocky-H-Singh-to-its-Team.html
Drunk Eddie fronts 7 tickers..6 are "expert market" garbage. He used to have 3 others ---ARTS (SEC revoked), KLXC (delisted) and TDEY(offloaded to his longtime scam lawyer/ toxic financier Jonathan Leinwand/ Mastiff Group LLC who pulled a1-for-50,000 reverse split to destroy all bagholders).
IMO Eddie is cashing out to screw his soon-to-be ex wife prior to his divorce trial in July. I won't be surprised if he and Leinwand conspire on another reverse merger & reverse split.
Park already spammed the Internet as usual--- besides OTC News and Globenewswire
JP 3E Holdings, Inc. Enters Agreement to Acquire Majority Stake in Bloxcross, Inc.
Yahoo Finance
32 minutes ago
JP 3E Holdings, Inc. Enters Agreement to Acquire Majority ...
Stock Titan
https://www.stocktitan.net › News
32 minutes ago — JP 3E Holdings, formerly Spooz (OTC: SPZI), announced an agreement to acquire a majority stake in Bloxcross, a digital assets innovation ...
JP 3E Holdings, Inc. Enters Agreement to Acquire Majority ...
Wallstreet Online
https://www.wallstreet-online.de › ...
Yet another "agreement to acquire"...with what?
Management makes claims>>critics question/attack them>>pumpers attack critics as being paid bashers>>critics attack their attackers...round and round it goes.
IMO Park is the manager of that student housing complex where he lives and runs his empire from. As I noted long ago, the manager's phone number is the same one Park used for his defunct "5 Loaves and 2 Fishes Orchestra." Here's the autopsy--
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174258215
The website still uses that number to contact https://www.g2elitehousing.com/
IMO it also explains why Park kept using the Florida phone number of the "previous CEO'' Strickland in all his PR's as well as on the Annual Report he filed on 3/29/24. Funny he changed the address but NOT the phone!
Either he was too broke to buy a 2nd phone service OR he was involved with the old crooked management. For all anyone knows he may still be. It's not unheard of that old managements install a "rent-a-CEO" to font a ticker for them. Not saying that's what's happening here but I've seen it many times. One crook that ran several tickers single handedly would announce he had "resigned" on a regular basis and turned over control to someone else. Yet each time they were exposed as frauds or they didn't provide sufficient result they would also ''resign'' and the old crook was right back repeating the scam.
Bloxcross is >NOT< a subsidiary of Sppplooooze. Consequently, ZERO profits from them will flow into SPZI bagholders pockets.
Bloxcross purports to offer clients a cheaper and more efficient payment system. Apparently they believe they can carve out sliver of profit from the current systems the ENTIRE PLANET USES.
WTF does that mean for Spooz?
Well if CEO Park ever actually needs the services of Bloxcross...then he might pay slightly less for currency transactions. Same goes for his ''subsidiaries." Therefore...
AT MOST it seems any savings provided by using Bloxcross will simply lower one expense SPZI would theoretically incur. If so, then that's likely why Park's momentous PR today seems to have fizzled.
Wooop-tee-dooo.
"PR-ark" has made-->>20<<--bombastic announcements and has delivered ZERO revenues. Not content to simply post them on his OTC "news" portal he pays to spam each one on dozens of newswire services in an attempt to hype the stock of a company he purports to own NO shares in except for the 100% ''super vote."
His dog piling of more grandiose, exaggerated, pompous, overblown announcement on top of the rest reminds me of "the boy who cried wolf." For cryin out loud...if the guy shipped even ONE load of chicken feet or sugar he could prove it TODAY. If he won't that likely means he hasn't. If so, the only conclusion I can draw is that he doesn't have the money to do so... much less the ability to finance anything else.
THE ENTIRETY OF SPZI 5.8 BILLION SHARES HAVE BEEN ISSUED AND ARE OUTSTANDING. THERE'S NO EQUITY WITH WHICH TO FINANCE BUSINESS ACTIVITY.
https://www.otcmarkets.com/stock/SPZI/news
Power Engineering Corporation (PEC), a subsidiary of JP 3E Holdings, Inc. (OTC: SPZI), Announces Joint Venture with BloxcrossPress Release | 05/22/2024
SPZI: JP 3E Holdings, Inc. and Kerogen Resources LLC form Kerogen Resources II LLC to develop unconventional shale assetsPress Release | 05/10/2024
JP 3E Holdings, Inc. Acquires 51% of Power Engineering Corporation (PEC), Eyes Major Expansion in Energy MarketPress Release | 05/07/2024
SPZI: Bloxcross and JP 3E Holdings to Launch Global Platform for Trade FinancePress Release | 04/30/2024
SPZI: JP 3E Holdings, Inc. Retains Accell Audit & Compliance, PA to Audit the Financial StatementsPress Release | 03/21/2024
SPZI: JP Energy Global Sets Shipping Dates of Chicken Paws - $182,000,000 Revenues upon ShipmentPress Release | 02/09/2024
JP 3E Holdings (OTC: SPZI) and Archeo Futurus, Inc. enter Strategic Alliance AgreementPress Release | 02/08/2024
SPZI (now JP 3E Holdings, Inc.): New $617,500,000 Fully Executed Sugar Commodity Contract Press Release | 02/05/2024
SPZI: JP 3E Holdings, Inc. Engaged Jason B. Meyer as Corporate Legal Partner; Introduces Jason Hoon Chang and Miguel AlcalaPress Release | 01/30/2024
SPZI: JP 3E Holdings, Inc. Secures US Department of Homeland Security EB-5 Program and Procures the Acquisition of CIG InternationalPress Release | 01/19/2024
SPZI: JP 3E Holdings, Inc. Names Highly Qualified Board Member; Michel VerdyPress Release | 01/16/2024
SPZI: JP 3E Holdings, Inc. Names Another Prominent Board Member - Daniel LeePress Release | 01/12/2024
SPZI: JP 3E Holdings, Inc. Names Two Prominent Board of Directors; Rolf Bela Wenz and Kisoo KimPress Release | 01/10/2024
SPZI: Five New Fully Executed Commodity Contracts; Year to Date Total $303 MillionPress Release | 01/05/2024
CORRECTION; SPZI: Three New Fully Executed Commodity Contracts; Year to Date Total $90.2 MillionPress Release | 12/29/2023
SPZI: Three New Fully Executed Commodity Contracts; Year to Date Total $90.2 MillionPress Release | 12/29/2023
SPZI: $53.4 Million Fully Executed Commodity Contract ClosedPress Release | 12/26/2023
Spooz, Inc. (SPZI) / JP Energy / John K. Park - Announce Shareholder LetterPress Release | 12/21/2023
Spooz, Inc. (SPZI) Completes Primary Acquisitions and Change of ControlPress Release | 12/20/2023
Spooz, Inc. (SPZI) Provides Shareholder UpdatePress Release | 12/08/2023
How about ANNOUNCING SOME FREAKIN' REVENUES???
Jeeze....isn't everything Park announces a joint venture with all the rest???
Billions promised yet Spooz can't get going cuz there ain't enough new fools to fall for all the grandiose pie in the sky bullshit. Pastor Park can triple his claims but until he delivers something other than more nutty PR's all this is is a kiddie story about the ''burned out little shell risk ticker that thought it could but couldn't.''
Holy crap...11bn A/S now 50bn with 49bn O/S up from 9bn?!!! And people are happy with this?
Still no EV Hotel per 2024 Google satellite..."Mr Dior" wuza big fat liar
"Retaining an auditor" is a--(Newsflash)--classic scam tactic.
First, there's no way to independently verify the claim as the auditor typically won't confirm or deny.
Secondly, even if a letter "was" sent requesting an audit that doesn't mean a retainer fee was paid or that any documents were ever sent with which to audit. (I've seen such preliminary correspondence posted and used in such scams before).
Thirdly, as I understand it neither OTC Pink, OTCQB nor OTCQX require audits. Yet scam managements often promise audits as if that will magically enable them to leap frog right over the other two tiers and land smack dab on public exchanges like NASDAQ and NYSE.
In short....there's apparently ZERO need for any OTC turd to go thru the trouble and expense of an audit unless and until they're truly ready to make the massive leap to a public exchange like NASDAQ or NYSE.
Howzabout Park see if he can lift this turd from PINK/ "SHELL RISK" to OTCQB first then OTCQX???
More reality checks for yew knuckleheads https://www.investopedia.com/terms/o/otc-markets-group-inc.asp
If Park has indeed "retained an auditor" AND paid them funds AND provided them with records and documentation to actually perform an independent audit AS IMPLIED then he should post the results anytime since Q2 is nearly 2/3rds over. He doesn't have to wait till the August 15th deadline to give some lame excuse why he hasn't.
I guess you cant or won't huh?
Oil rises above water based substances. Cream is water based. Park is peddling "snake oil" IMO.
Could be the only reason you care is you need greater fools holding so you can dump your sates on them. As of this moment, someone else has YOUR cash and you have THEIR shares.
Russell Keith Bliss is "co-founder & Global Head of Strategy & Markets" for Bloxcross. As far as I can tell they're little more than another crypto exchange with a currency conversion twist. And here I thought crypto was supposed to be global assets that bypassed the need for currency much less currency conversions.
What I'm NOT seeing is any evidence that Bloxcross will be providing any financing or investments to their clients like Sploooz. Seems to me they're, understandably, looking to generate profits FROM their clients...not the other way around. The words "finance / financial" don't even appear in this article
https://finance.yahoo.com/news/bloxcross-latin-america-nyse-cryptocurrencies-180255334.html
Yet CEO Park mentions "finance and financial" >>11 times<< times in his PR.
https://www.otcmarkets.com/stock/SPZI/news/SPZI-Bloxcross-and-JP-3E-Holdings-to-Launch-Global-Platform-for-Trade-Finance?id=438768
Clearly Blox is involved in currency exchanges which is financial However, IMO Park clearly hopes pumpers will extrapolate his use of those words into meaning Blox will be pumping money into this sub penny shell risk ticker. In other words...if Park ever does accomplish a deal where---for some reason the parties want to use crypto instead of cash--Bloxcross will be happy to facilitate the transaction.
Spooz remains a "shell risk" because CEO Park hasn't proven otherwise--
Not sayingn anything is ''wrong with him"...Just that there's virtually nothing online about "Rolf-Bela' Wenz" or any business history. Nor is there anything about him "com(ing) from the Krupp founding family" or having any direct connections to or business dealings with "ThyssenKrupp." If I'm correct, then this will be yet another example of CEO Park "implying wealth or fame by association" knowing full well that pumpers will jump to conclusions and blow it up as they do everything. Why else mention "ThyssenKrupp" (trading near its all time low) except to cause idiots to think Wenz can whistle up millions or billions for Park's schemes?
I'm sure lots of people are related to someone rich, famous or successful. That doesn't mean THEY are part of their lives. If Wenz is some wealthy business big shot I'm sure Park would waste no time posting every detail.
What is wrong with him?
No other hyphenated ''Rolf-Bela Wenz'' turns up. One would think that a successful business man would have more evidence to prove it.
Cycle shop https://web2.cylex.de/firma-home/rolf-bela-wenz-1218327.html
Same guy years ago? https://www.facebook.com/rolfbela.wenz/
"Procurement of business contacts in Germany and China''
http://www.twl-sports.com/services.html
"Chinese Office''?
http://www.twl-sports.com/contact.html
Rolf Béla Wenz, Wiesbaden, Germany
https://www.northdata.com/Wenz,+Rolf,+Moers/fjz
"Zhipeng Zhang, Cologne, Germany''
https://www.northdata.com/Wenz,+Rolf,+Moers/fjz
Managing Director: Rolf Wenz, Zhipeng Zhang
https://www.northdata.com/?id=16384366
Seems like a hit. If anyone can prove otherwise I'm all ears
Rolf Bela Wenz comes from the Krupp founding family
After the Nazis seized power in Germany, Krupp supported the regime and was one of many German businesses that profited from slave labor during World War II. Upon the war's end, the head of the company, Alfried Krupp, was tried and convicted as a war criminal for employing prisoners of war, foreign civilians and concentration camp inmates under inhumane conditions in support of the Nazi war effort....
Predecessor Hoesch AG
Founded 1810; 214 years ago in Essen, Germany
Founder Friedrich Krupp
Defunct 1999
Fate Merged with Thyssen AG
Successor ThyssenKrupp
https://en.wikipedia.org/wiki/Krupp
Nobody listening to your bullshite?
Far outnumbered by the Pump Pu$$ies
Q3 shower NO cash/revenues/profits total "assets" $10k before Park slithered in....
What's there to AUDIT from "previous management"?
https://investorshub.advfn.com/secure/post_reply.aspx?message_id=174442559
Park filed the 2023 Annual Report and now Q1
Park obviously has little more than Strickland did otherwise he would have reported it
Again..Park can sign crap 24/7..but if he never delivers it's all a scam.
I've yet to see independent, verifiable proof of him ever generating revenues or profits from any REAL WORLD business venture. He could easily provide evidence of previous shipping records/ bills of lading, proof of sales and income received, tax returns or other documents to substantiate his claims. Instead all I see are hearsay statements.
From what I've seen elsewhere most agreements have escape clauses for non performance by one or both parties. Anyone can claim "I have $50 million in funding lined up" in order to dupe someone into signing a MOU, acquisition or partnership. Such deals provide convincing PR copy which Park instantly spams across DOZENS of news services. IMO the only reason for doing that is patently obvious.