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Reason is simple I rather have a written reply, they are usually well thought answers plus I can post it here for sharing the general public. how about you? Did you ever got a reply from them?
Any reason To buy JPEX?. I ve never got a reply from CEO Maria Guel. If you contact her tell WHY NO Q filings, nor news on the offering, no news on goals accomplished past year if any, NO UPDATES on both OTC and Nevada etc etc TIA
It is Interesting to note they are using the same scheme ( the share offering ) as jpex, I wonder if it really works, it has been months since the SEC approval and not the least bit of news nor Q filing either. I have no replies from Ceo Maria Guel.
Wrong stock---->VNTH
No replies do far , I will
wait until early next year.
I wonder why there is no promotion in regards to the offering which has been approved by the Sec 3 months ago. Speculation from my part, Jpex may had a buyer all along and it is just waiting to cash the check as soon as some details or issues are worked out.
Dear Miss Maria Guel:
I am a shareholder of the company and I would like to ask you several questions respect to the whereabouts related to JPX Global, Inc. (JPEX).
When reading the disclosures found at the OTC site JPEX - JPX Global, Inc. | Disclosure | OTC Markets, specifically, disclosure 1-AA. It mentions that JPEX has acquired the Mekaddesh Group Corporation (MGC) since March 2023 and also mentions that Maria Guel is the new CEO, however the OTC site nor the Nevada SOS have not been updated accordingly. Possible investors frequently ask if Ambrose Okechukwu Egbuonu is still the CEO.
Another question is related to the lack of promptness to file the last Quarterly financial report due about 1 month ago that has brought JPEX status as Pink Limited Information at the OTC site. When this happens many brokers deny possible investors to acquire shares in the open market. Furthermore, if the lack of filing continues, very sadly JPEX will be soon marked with the Expert Market status which is the worse situation a Public company can stay in the Pink Market. This is very important specially when there is an Offering of $16 Million being advertised. By the way, It has been 3 months since the SEC has approved it, and we have no news of the whereabouts of it. What about the MGC's goal for 2023 which was “ to finish the construction of 12 television Stations with 6-8 Channel independent broadcasting programs on each station” ?. Did you accomplish it or at least part of it. Also, I suggest to update the JPEX Business Description found at the Otc site
JPEX - JPX Global, Inc. | Company Profile | OTC Markets
Lastly and, very important, in the last Quarterly Financial report of June 30, 2023. There is no mention and consequently total disregard of the Financial data respect to the Mekaddesh Group Corporation which is wholly stated in the 1-AA disclosure. Shouldn’t this MGC’ Financial data be consolidated to the JPEX Quarterly report?.
I hope you promptly address these questions to us the shareholders, I,m sure we are waiting very anxiously for these questions to be properly answered. I will candidly post this letter in the IHUB site JPX Global Inc (JPEX) Stock Message Board | InvestorsHub (advfn.com).
Have a nice and safe holiday
December 21, 2023
Thanks I will... if I get a reply I will post it
The real issue here is why the hell jpex is taking too long to report the due Q. I have started to think that the offering has gone south due to the overall financial situation of the country, many banks are not borrowing money at all.
From the recent financial data published in the 1-A report , MGC had assets worth above $220 M and annual gross profit around $1.2 M, and OS of 1673 M, not sure about liabilities but well below 1M, these figures are before the offering.
We don't know if the offering will be successfully or partially done. Hard to guess specially when we face hard business times, also pretty awful signs are related to not delivering the Quarter report due a month ago and having no news from the offering approved on Sept 29, almost 3 months since the approval.
IMO, to adventure a pps is not wise at this time,
Hopefully but dont hold your breath anyway next year is the year of the dragon maybe things will improve . So many otc stocks waiting in line. Just remember don't buy anything until the tax loss season is over, have a safe holiday
Nope, only losers got that honor, so how enjoyable was it for ya?
Dragon's dildo is already very deep in yours OUCH!!!
The Dragon is dead!
Dont forget when stocks are in Pink Limited status most brokers wont allow peeps to buy the stock, that's why we are having these dull days. IMO, Incompetence of the current management to say the least.
"...That 16-month period will lapse on April 30, 2024 for JPEX..."
Are you sure about the above date, if you are right about it then we are safe for now although it is not wise to be in Pink limited status specially if Jpex is in the middle of an Share Offering. I still believe actual management need to be more competent as a public company!
lol, just wondering INTL has been at the ask price all year long!!!
MM INTL is not around today hmmm!!
The Pink limited information doesnt help. jpex could become Expert Market very shortly, no news no updates of anything beyond the disclosures. incompetence and inexperience from the new CEO?
Bid is 16 M, I guess peeps ere noticing Jpex about to run!
Let's see if INTL reload more 8s ...just to frustrate us longs!
Anyway Stock Analisis says Bullish Mid and long term
http://www.stockta.com/cgi-bin/analysis.pl?symb=JPEX&cobrand=&mode=stock
wrong again Gross Profit $1.4 Million..Jpex is worth more than a penny per share dude!
PS dont forget Mekaddesh Group Corporation (MGC) has Radio and TV stations worth more than $200 Million in several states.. Just read the disclosures !!
Yeap, somebody knows something for sure!
Thanks, I got tired reading all the previous amendments that I missed the "juicy" part in the very last one.
Today I ask myself No news today why the volume last Friday?
"... the offering has been approved with a lowest price of .001..."
Wasnt 0.0004?
OTC Expert market is for real and in full motion, I have seen several stocks going that way example SEII, BVSN, SBES, TPTW etc, anyway my post was mostly in regard of the incompetence of current management. Why the current CEO is not updated in the OTC and the NEVADA SOS site to start with, if I would be interested in investing in the offering It could be the first place to check on, the 1-A and amendments specify Maria Guel as the CEO but is in full discrepancy with the OTC etc, red flag , what about the last Q June 23 doesn't include financial figures from the acquired company another red flag and now we are OTC limited Information status and maybe next week Expert Market?....so who is really in command?, not a single public news all new info is disclosed in the OTC site only.
The question who is buying these 2 days and who is in the INTL mm parking at the 200 MA at 0008 with 13 M shares to sell ?
Have a nice long weekend all!
Do you have a link of it TIA
I see 6.6 M at bid 0006 but volume pretty low, furthermore incompetency from management might end up Jpex into Expert Market tis coming next week, so the offering will go directly to the sewer IMO.
1-SA Published Nov 20th
https://www.otcmarkets.com/filing/html?id=17068636&guid=6RJ-kKMDpI5Edth
Jayman, from all the latest reports 1-A and amendments the Mekaddesh Group Corporation (MGC) acquisition is a done deal however the latest Q doesn't include the financial figures from MGC also Maria Guel is not published as the current CEO at the OTC site nor in the Nevada SOS. and from my opinion they should be included in the incoming ( hopefully) Q report. whats your opinion about it TIA for your reply.
PS from the NGC's financial figures JPEX should be worth well above a penny per share!!
I find the following letter between the SEC and J¨PEX interesting
https://www.sec.gov/Archives/edgar/data/1506814/000190359623000610/filename1.htm
"1. We note that you intend to offer up to 4 billion shares at a range of $0.001 - $0.01. Under Rule 253(b)(2)(ii), the upper end of the range must be used in determining the aggregate offering price, which means your maximum offering amount of $40 million exceeds the offering amount permitted for Tier 1 offerings under Rule 251(a)(1). Please advise and revise as appropriate.
This has been amended to change the range of the offering price to $0.0004 - $0.004 to be in line with our projected offering amount of $16 million.. "
IMO Thats the reason they changed the offering range just to comply with regulation!
Also I find interesting the rest of the letter
IMO, Maria Guel is just a transitional CEO, once the offering is resolved into something meaningful we ought to know the real deal. Is that the reason they didn't bother to change the directors in both the Otc and Nevada SOS?. What about tne next Q filing will they incorporate the Mekaddesh Group Corporation assets into it?
Still same AS and OS and Ambrose O Egbuonu is still president of JPEX. Why isnt Maria Guel appear in anyway in the Nevada SOS? Does it mean that the acquisition of Mekaddesh Group Corporation (MGC) still pending?
I guess if insiders have not sold out at this point is because they are waiting like us for some awesome news!
One month since the offering has been approved by the SEC and no news at all. Also quarterly report should be filed this month.
Agreed, with today's tools available to even the naivest user you can build a web page in less than a week, if you add time to fill in information and other details and delays regarding intercommunication with management then a month will suffice to have a professional page, also why management has not made a single acknowledgement regarding anything?. it looks like the RM failed and XU doesn't want to recognize it?.
"...The deal probably fell through, and XU will not say anything. Instead, he just wants it to rot and go away."
That makes sense! Check PLPL, they announced the merge and months later it felt apart.
But at least they acknowledged it.
One Observation in the L2 system. Mm INTL has been for months in the ASK side, always with 10K shares. Today it is at ask at 0008 selling 13.8 M shares. Is that meaningful? no idea but just in case!
Those 10 M shares are gone instantly!!!
Thanks for the link. So this offering is Tier 1 and it is not resale of existing ones. I suppose that JPEX must raise the AS to at least 6 Billion BEFORE starting to sale the offering.
Also looking at the today's L2 most of the ask is populated by retailers, possibly clueless by what is about to happen ?. Most of what is know about the offering is hidden in the DISCLOSURE page that very few read about. IMO
The question is does JPEX already have potential investors which are already acquaintance with JPEX' plans and just waiting for the offering to be approved as it seems to be at this point or JPEX expects to launch a offering at market price? IMO, if we are at the second scenario then it will be very difficult to get $16 M as JPEX needs such amount to fullfil its plan. Something that I notice in the latest 1/AAA form is that Singh owns those five preferred stocks and Maria Guel owns none. does the Guel family will be the buyer?