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This one could be it....
I was there on the sidelines for OWC*P. Jk was on it from the very bottom to the top
This one has all the elements for a even bigger more sustained move.
Mav
I need some time to get on my feet.
But I think we should all start a class action against alpha
If anyone has those Confrence calls recorded they would be gold.
The fact is Frank is the one who did this. He bears all responsibility IMHO because he proceeded to act like the merger was done and all was good when he knew full well it wasn't done and he had open court case against him from a old noteholder of JPEX
On December 12th we should have all been notified and at that time we could have all chosen to stay or go. Not a bunch of PRs pumping up the price and getting everyone excited throwing more n more money into "the biggest merger in OTC history "
It could have been. But its not because Frank messed up.
Mav
I'm going to give it to yall straight
This is down 95% from HIGHS where it turned over 2 billion shares. Millions of dollars lost into this black hole. You are all acting like its a big deal that its holding .002. It means nothing.
This stock is an absolute disaster of epic proportions. Frank needs to take majority of the blame for disclosing a major merger company before he cleaned the shell.
Then he went further to put out PRS and major news to further PUMP the price up. Meanwhile if you dig it up Hovendick filed the lawsuit on December 12th.
These guys had an active lawsuit against them and just proceeded like Nothing was wrong!! They didn't even tell anyone. We found at very end right at custo discharge. Unbelievable.
During that time they were dropping PRS and doing confrence calls. Frank was telling us the merger is done. JPEX going to be biggest merger in OTC history. He said that before custodian discharge while there was a open case against him on JPEX
There is some seriously shady shit going on here and it has blown up many accounts of people who believed. Hard earned money burned in minutes. Frank deserves to be sued. He was incompetent and didn't due his fiduciary duty as a custodian to clean the shell BEFORE announcing the merger and claiming it was a done deal on confrence calls.
This is not over. You are right. There are some of us who are coming for justice. And we deserve it after all the things Frank did to shareholders of JPEX
Mav
Last bit on this
Another perspective is some HF are deep in naked short ledgers on this ticker. And hov did this to ruin the merger to keep this shell as a worthless bankrupt entity so thise Hf never have to cover thise naked shares.
Idk. But there is no logic in Hovs move. He just spent a lot of money to shoot himself in the foot and open a huge class action against himself instead of cash and shares in a massive merger deal.
I will admit
I didn't think this would ever happen
Veemost and Frank did offer settlements. And Hov dick denied them.... that was the part i never thought possible
Who could be so dumb. Like what else did Hov expect? If they gave him 10M shares and 300K and he let them ride. Heck he would of made 1M at .10
Like wtf.
Now he is going to get sued. Because if his shady fraudulent shares are not legitimate then we could take him to the cleaners IMHO.
HD needs to be sued to the ends of the earth.
Absolutely unreal. This guy blows up a deal because he refused to accept any settlement
Just goes to show how stupidity knows no bounds and some people are just greedy beyond comprehension.
Mav
Unbelievable.
Class action against Hovendick needs to be assembled. This guy is a scam artist and needs to be sued for what he did.
Let me know where to sign up.
No evidence just opinions as usual
Suing Caywood and winning doesn't prove legitimacy of JPEX shares. At least I do not see it anywhere.
It proves legitimacy of debt owing because of monetary transactions between those two.
Main thing for people to know here is we continue to find evidence discrediting Hovs shares and we post the actual documents
Like caywood saying under oath on record he is not a director or officer of JPEX. So how did he legally issue shares....? Waiting for that explanation
Scorpex cancelled the merger with JPEX this is fact. Again how did HOV aquire shares and was it legal due process... not referring to debt he is owed. Referring to share issuance and legitimacy.
Custodian process was done. Executed and completed and HOV didn't even step up to the very very end. Odd he wouldn't come out in the very beginning. Maybe because discovery would have easily shown his shares were nothing.
Again. Hovs angle is simple. Hijack and take hostage, make demands and get paid because of timing... we will see how it turns out sooner than later IMHO
Mav
Can you show facts to support that
Suing caywood and winning meant, caywood owes Hov money.
It doesn't prove legitimacy of Hov shares. Caywood didn't even have Authority to issue them
Explain how Caywood issued JPEX shares if he wasn't a officer or director?
The more we dig the more we find that...
Points to Hov not having legitimate ground to force a stop to the merger.
His fight is with Caywood who scammed him out of money years ago.
If Hov truly exercised his fiduciary duty as major shareholder he would of stepped up as custodian. Got the shell current. Paid all associated court fees for the due process. Found a new business entity to make the shell valuable with merger or acquisition and sold his shares accordingly.
He did none of that. He waited to last minute to launch his BS claim and hostage situation making his demands. Court has given him ability to pause while they discover the story. And the story is not very strong for hov.
I expect we see some fireworks and potential rulings sooner than many think here.... going from the 650M accumulated in this range I would say I'm not alone.
Mav
This case you refer too
Is debt Caywood owes Hov for the deal with Scorpex. Because of the mess that happened. And the merger was cancelled.
It doesn't say anywhere that JPEX shares are legitimate. The merger between scorpex and JPEX was cancelled. And Hov sued Caywood for money and won.
Can you identify where in this does it confirm JPEX shares Hov supposedly has are legit? Only thing it confirms is caywood owes Hov
Caywood was not a director or officer of JPEX and therefore i do not see how he can issue shares
Facts vs Facts on the table with out twisting the perspective
Mav
Timeframe in court Is relative yet for example...
Hovendick dropped opposition to custodian with 426 page document. It was dismissed in 2 days. Struck from record in 2 weeks and custodian discharge granted and case closed in a month.
I believe things are going to move much quicker than some will say because there is alot of the details pertaining to the case that have been discovered over the years and are public record.
Were going to be hearing crickets in here all night.
Looking forward to how this is going to get spun in favor of Hov winning...? Hov is holding a bag of nothing
Once judge discovers back story to this situation its going to be immediate dismissal imo
Mav
BOOOM
Someone call the fire truck HOVs claim is blowing up and going down in flames
Now were just basically waiting for the official announcement from the judge.
This is why the opposition to custodian was almost immediately vacated and Hovs 426 claim tossed and struck from record
IMO this new judge just needs to get up to speed with the truth and its game over for HOV..
LOL.
Does anyone realize this is a major developmental aspect
Caywood was never a director or officer of JPEX. He had no authority to issue shares. So hovendicks shares should not be valid.
Caywood admitted to this under oath in testimony in the bankruptcy court case.
This is why Frank has cancelled his shares and you can bet this is what the Judge is going to find out as he discovers more about hovendicks claim.
Be on close watch for this injunction to potential get dismissed and hovendick claim squashed.
One motion of the judges pencil and we gap up 200% and run to new all time highs. I sure would not want to be sitting on the sidelines
This is why the accumulation IMHO. Some insiders know this whole case is a BS hail mary attempt to delay and get Frank to pay. Yet Frank knows how to play chess and if Veemost is smart they have people buying up their stock at rock bottom dirt cheap prices.
Excellent way to lower the OS in the future? Big share reduction from 250M bought up at .004 because retail panicked? Not to mention the cancellation of Hovs shares. Would be nice to see a 900M OS when Veemost drops some its major revenue PRS.
Potential upside... unbelievable.
Potential downside... well the bare bones pink current shell with this OS is worth about .004 to .005. A pretty solid R vs R here IMHO
Nice. The plot thickens.
Another item
JPEX was not removed from Veemost website. It is still active and all stock info available for those that have the link
They removed the tab from public access due to a unprecedented amount of inquiries mainly from people asking them about the court case.
If I am a CEO I would do the same. I would not want my employees dealing w 100 inquiries a day from OTC traders confused or panicking over court case.
Yet another opinion twisted into a negative view. claiming veemost has dropped JPEX. The link is still active and real and if you want it PM i will give it to you to see how the chart and all news releases are still archived and on the site. They're only not available to the random public. One click of a button and the tab and page could be back up
Again. We're in a game of chess waiting for this to be settled. There are some trading the chanel. Buying bottom selling tops and spreading fud so they can reload and repeat. They're nervous because at any moment this could blast off
Lets add some clarity.
1. Frank and Veemost could terminate the deal over Hov months ago when he first started the case. It provided them enough grounds to withdraw. They didn't. They kept fighting. Spending more money to stand up for whats best for shareholders.
2. Frank has 30 other shells he is actively keeping current, retiring shares and moving through courts to prepare for mergers. Spending phenomenal amount of money to make more deals happen. People who think he is going to just dump his first and biggest merger dont realize how that will ruin Franks reputation and render majority of his shells worthless in eyes of prospective corporations and shareholders.
3. 650 Million shares accumulated in this range .005. Millions of dollars. This is NOT all retail. Some major players know something IMO. Look at accumulation line trending upward... looks like a ski jump on the day of major gap down and sell off.... 200M bought in 60 minutes.... hmmmm...
4. Anyone can make a claim and go to court if they got money to spend on lawyers. Does it make them right? Does it make their case legit? Absolutely not. HOV timed this for leverage. A hail mary for settlement. My bet is if Frank pushes for discovery Hov accepts settlement knowing he is screwed once they dig into share issuance validity.
5. If Hovs shares are proved fraudulent. This case is dismissed immediately and shares will be retired and merger goes through.
Summary. There is no definative outcome yet. Anyone claiming something definitive is straight lying. Iam giving my POSITIVE perspective in contrast to the negative ones. Because this positive outcome is possible and more we dig the more we find it is more than likely Hov has nothing but a bluff
Mav
Again. Fact vs Opinion
The length the injunction will remain in place is unknown. It could get ruled on this week and dismissed. Stop trying to paint it like it WILL go on for months. You do NOT know that. Its an opinion
Further both the JUDGE and HOVs team have both stated they do not want to stop the merger. Again you continue to leave out this fact. FACT. Verifiable and known to be true. Not an opinion
This injunction is about money and a settlement can be reached at anytime and this issue can be gone. Frank stated publicly after the injunction went in place HE WILL FIGHT THIS TO THE END. Not walking away.
To add. VEEMOST is still here and has been here all along. No public statement has been made to insinuate they're walking away and that is yet another OPINION some are making and assuming. Not a fact.
Interested to see what some have to say about this.
Frank did all the legal steps necessary to execute this deal properly and this character waits to the last minute to blow up the deal and take us all hostage with his demands
He failed to do what is right as a supposed major shareholder who wants voting power. Why didnt he revive the company. Get current. File necessary documentation. Pay court fees for all proper steps to assimilate the shell and find a profitable merger company to agree to NO RS NO dilution for 2 years.
One court has already cleared custodian to be DISCHARGED and shell be transferred to new management (VEEMOST), hovendick claim dismissed and struck and case closed
This secondary case is soon to follow as precedence has been set and at best HOV gets settlement and thats it. A few hundred k not going to stand in the way of multimillion dollar merger IMO
Logical. And realistic.
Bottom line here is this.... Hov has nothing to gain blocking this merger.
He ends up with worthless shares and bankrupt past CEO, and zero. He is thrown this last ditch effort as a negotiating tactic to get something
Again. One court already ruled in favor of the merger to proceed. Dismissed his claim. Struck it from record and closed the case. That is the case that ultimately determined the merger completion
This second case is related to his old debt from old CEO from 8 yrs ago regarding a very suspicious deal that went sideways. He is reaching so far to try and pull at straws here.
Now we have some unknowns yet more and more is pointing to this BS to get settled and Veemost to merge and continue. The judge and Hov both said they do not want to stop the merger.
The biggest indicator for me. Dollar volume. 600M + under .01 as so much money going into buying up shares in this supposedly worthless deal... this is not all retail. Some major players are buying up the fear. And shaking it as hard as they can while they can
One after hour tweet and we gap and run 200% and never look back. Tell me how many set ups have that kind of potential?
The facts you refer to are clear
There is PRELIMINARY injunction and TEMPORARY restraining order to prevent merger from finalizing.
Interesting how you leave that out. And neither of the prelim injunction or TRO are slated to last 6 months. That is your assumption and opinion. Not fact.
We can see swift action on this case just like we seen with the other case when HOV filed 426 page opposition to custodian and it was vacated in days and struck from record in a few weeks followed by the case being CLOSED just on Friday
Crickets in response to this post.
Notice how some choose to ignore these substantial facts regarding Veemost and their choice to stay
As of March 2nd Veemost was still here and we would have been presenting at Emerging growth confrence if it wasn't for temporary restraining order.
Hmmmm....
I highly recommend people take some time...
And find some alternative boards to source information. Especially stock... wits.
There is some excellent in depth evidence based information regarding this case that is important to understand
This is not permanent injunction. The basis of the preliminary injunction is very questionable. In order to become permanent Hov would have to put up a bond to cover all defendant court costs and potential damages if injunction was considered illigetiment. (Millions of dollars potentially)
This whole case seems like a well coordinated hit job. Follow the money. A perfect set up for HOV crew to short from .03 then cover at bottom .004 and load the boat while we wait.
Jmo yet 600M shares traded below .01 shows there is unprecedented demand for a deal that is supposedly "dead"
Mav
Veemost is premier partner with CISCO
Application is in the works for becoming GOLD partner
CEO has amazing credentials. Anyone claiming this is a scam because of their origin of birth is an absolute liar and should be prosecuted for defamation.
Stop with that lie. It is despicable that people even go there.
Mav
Someone has that on...
Stock....wits.
Way better than here. FYI
JMHO...
I do believe the cases have connection and precedence. So one judge striking out Hovs claim and granting custodian discharge and paving way for merger sets a huge precedence as judge deals rules on the second case
As many have made clear. Its temporary restraining order and preliminary injunction. A ruling will be made sooner than later imo and judging by the 600M accumulated under .01 thr past 2 weeks id say.... its positive outcome for us
Time will tell.
Mav
Not many of us longs still here... I expect to see alot of them coming Back real soon
That's coming next IMO
Injunction dismissed case closed or settlement achieved and case dismissed
Its documented that Hov does not want to stop the merger and even the judge said it too
Now case is closed on custodianship new owners of the shell are able to take over. Veemost about to go public officially
Size of debt is peanuts for Veemost
50M + revenue per year compared to this debt of 300k and claim to highly suspect 8 yr old shares that even converted at MAX would still only be worth around a few hundred K
So debt is a small formality for a major company like veemost or even for alpharidge to pay imo
Mav
Now here is the kicker
The vote was done. Custodianship discharged and now case being closed.
This is what I'm trying to articulate the Custodianship discharge and consummation of the merger was way bigger deal then this secondary case. With the main case determining the merger being closed we know VEEMOST can take over the shell and finalize the merger.
The squabble over the debt will not result in permanent injunction. It will result in a ruling for debt settlement. People just don't understand so they're waiting for final confirmations
At that point we gap and run many multiples higher
IMHO
Mav
MY perspective
This court BS gets removed Veemost takes over. The entire OTC is coming BACK over for the ride. That alone sends this
Then we start on the DD into Veemost and their new IP, revenue and market potential. Its truly unreal. And we are not talking in a year. Or 2 years. RIGHT NOW AS WE SPEAK.
Not many OTCs can honestly say that in a sector that is hotter than the sun. So that is why I'm holding tight here and willing to wait. This is a overnight lotto of epic proportions and only thing standing in the way is a dude who wants 300k and desperately trying to prove his old 8yr old shares are legit
Imo
Mav
Move a decimal over to the right one more time.
Veemost announcing the merger is .05
Veemost announcing 100M revenue or a Govt contract in cybersecurity space...
Now were talking blue sky parabolic who even knows where It can go potential $$$$
IMHO
People got a glimpse of how thin its going to be on the way back up. 50% up in 30mins on 20M volume this morning
Imagine what Veemost news will do when it drops.
That is why we have so much attention here. Good. And bad.
Mav
Case is closed on discharging of custodian
Along with dismissal of HOV 426 page claim to try and remove Alpha as custodian
This means merger is all ready to go. This is major news to see this case closed. It sets a major precedence having a court approve of the merger and dismiss and strike from record HOVs claims.
I do believe this is a major development on the path forward
That case is not between Alpha and Hov
You are referring to an entirely different matter that was speculated to have impact on the actual case we are dealing with.
Temporary restraining order and PRELIMINARY injunction both have time limits that expire long before June.
There will be developments here before that other case is finally dismissed. Again only speculated to have direct bearing on our case
Rock bottom here...
This is basic value of current empty shell.
Frank needs to communicate his and Veemost intentions in regards to Hovendick. That would give us assurance needed to stay patience while he plays chess.
Mav
Why are you here then?
Where does it say 16th is next court date?
Veemost is real - JPEX merger is real
The stage is set everything ready to go. Joining the confrence right after custodian was closed was no coincidence... then hov blindsided them again
Hov and his ridiculous claims are only thing that stands in the way. If he is not careful he might end up with a lawsuit against him
I would sure like to see class action suite opened up against Hov and the SEC investigation to see if he has 3rd party associates trading JPEX while he has totally manipulated the share price with his actions.
People need to remember one thing. We traded more than 2B shares above .03. And way less than that down here.
Go take a look at that accumulation line. Never seen anything like it. Price drop 70% and AD line looks like a ski jump.... totally manipulated down premarket and loaded hundreds of millions of shares here... hmmmmm...
Realize this... It can do the same on reverse back up. News drops after hours and we gap .01+ and run to .03 in one day. Those that thought they would just jump back in left in the dust. So they wait for pull back and it does it again. Now its at .05 pushing new ATH bluesky breakout and entire OTC buzzing over JPEX - VEEMOST again. Potential major runner with mindblowing potential.
Sentiment can change in a flash in a scenario like this. Its set up for parabolic violent move northward on the right catalyst. Which essentially is just merger closing. That is only the beginning. Veemost probably has a backlog of news to tell us. So imagine major PRs hitting wires after merger hype
Before you consume yourself with doom and gloom remember to the golden rule is to buy the fear and sell the cheer.
Mav
All im going to say for now