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I am on the jail board and I don't know why. Hope everyone is well. If an admin can help I would be most grateful. I just responded to an admin by way of private message.
Oh my Huggy. This HAS to be one of the best iHub posts Huggy has ever received.
I decided today that every time we receive news on $SPZI I am going to reply to it and remind Huggy that he is in the wrong business. Or the right business, if he likes being wrong. This is #2.
General Administration of Customs China (GACC)
https://www.gacc.app/
https://www.gacc.app/gacc-aqsiq-food-register-search.html
Type in this number: 70223000258
What do you see?
This is hilarious. I've been in iHUB as "irishintelligence" since 2009 or 2010. This account is "theirishintelligence" because I lost my password and the only way to retrieve it is to schedule a phone call with iHUB.
But that's ok. I will leave it to those reading here to decide who is the "con" and who is doing the work. No problem.
I've said this before, and I will say it again. And many probably disagree with me, however I believe posters like you are net positive. Why? You make us work for the information.
So rather than take a comment like "it isn't what they claim" or "they are con artists" and move on, people like me (and there are many here, I am not special) dive into the details.
See images below.
While completing due diligence earlier today I sent a text message to one of the JP3E partners. He wrote me back almost immediately. Following that we had a 12 minute call. I confirmed all the information that has been released to the public with respect to this partner's connection.
Am I a scammer too? Did I go through all this trouble to make up a story? Or maybe the next thing you will say is, the person I spoke to who has been in his industry for decades is also being scammed? Or maybe this person is also "in" on the scam? So everyone is a scammer?
Keep it coming Huggy. Make us work. This OTC reverse merger is real. Happy to prove that to you one DD detail at a time.
No.
The company remains in business and is growing. Explain how a company remains in business and is growing if these court documents are such a huge problem?
Your sticky notes provide misleading information. You present facts with opinions. You take a facts, you make an assumption about those facts, and conclude with your opinion that there is bad behavior. One could take literally anything you have posted and make an alternative opinion that leads to good behavior. No matter, there is a good group here that will post facts and leave it there. And honestly, it all matters very little, the news will steamroll the negative - the news is not going to stop.
Confirming $SPZI name change to JP 3E Holdings, Inc. See image below. New website: https://jp3eholdings.com
Recall that this is only a step one in the process to uplist. "We commenced the process of engaging a PCAOB auditor to uplist to the OTCQB."
https://otcmarkets.com/stock/SPZI/news/Spooz-Inc-SPZI-Completes-Primary-Acquisitions-and-Change-of-Control?id=425388
This Goulding stuff is ridiculous. I hope no one takes it seriously. Just like the bashers links say, loose connections posted to create doubt and nothing more. As if Chairman Park, a man who has spent his life building companies, living a family life, and supporting children's music, decided just recently to scam people.
Take a look at this BIO of Chairman Park and ask yourself, is this person an OTC scammer?
What is actually happening: the dips continue to be bought up quickly. That why over the past month its been up up up. People know know to do their research and they are correct.
Again, we are waiting for links or documents to establish these connections you claim. Until you do, no one will take you seriously, and you are this: https://www.investopedia.com/terms/s/stockbasher.asp
I can agree that there is much more to release. For now, at under $20 million market cap and an impenetrable set of facts produced thus far, the risk/reward is strongly in the favor of buying.
You are not correct.
(b) initiating a forward or a reverse split, provided that the majority of each class or series of stock affected by such forward or reverse split entitled to vote, votes in favor of such action,
Using traditional methods this is over extended. However this current price appreciation occurred after a merger. Respectfully submitted this could be considered price discovery.
Current market cap is $18 million after only one (1) $53 million completed contract, and many more completed contracts to be released on the coming days.
Impressive DD. If people did 10% of the work you are doing...I can only imagine.
$SPZI is the once in a decade investment for those that can see it. Buying and holding and buying.
From Investopedia: "Stock Basher: What It Is, How It Works, and Example"
https://www.investopedia.com/terms/s/stockbasher.asp
These people are real.
There are several other sources, take a look for yourself (avoid Reddit, that stuff is comedy) but Investopedia is about as good as it gets so I posted that there. These people are real.
He just placed all his businesses into the $SPZI structure, and now he controls $SPZI, and this is a problem? I am so confused by this logic.
We have reached the...
"I'm a good Samaritan on a message board discussing penny stocks, and I am also an expert in global commodity shipping, and I have something to say"
...stage of the bashing process.
I mean...
Yes, after eliminating all $SPZI preferred shares, all conversion options, all dilution options, the preferred shares control the company. Chairman Park controls the company. So what? Chairman Park just placed his businesses in the public company. They are his businesses. He should control.
But with respect to a reverse split - which you did not mention but may be referencing - the document you are quoting from but did not post here - says:
"(b) initiating a forward or a reverse split, provided that the majority of each class or series of stock affected by such forward or reverse split entitled to vote, votes in favor of such action, "
There will be no reverse split unless approved by shareholders. Period.
So wait, the entire premise of Uber's argument is flawed because the math equation we have been hearing about al day is incorrect? Appreciate any insight you can provide.
The company is free to provide financial updates at any time. And I am hoping they will somewhat soon. A foundational balance sheet would be an amazing first step.
Setting aside the containers for a moment, can you share more about the "bunch of known penny stock grifters" that you believe are behind this? I'm interested in your thoughts on how you believe there is a group behind this. Thank you.
Hi. I respect your view, sincerely. With that I would like to share an alternative view.
While I am here and invested in $SPZI based on a personal, trusted relationship, I also have a need to understand the company I am invested in. With that, one way to understand the company is to engage with negative posters. Some of those negative posters have a legitimate question(s), some have a negative agenda, some just think it is funny to rile people up.
I like to respond to the legitimate questions for the most part, but also the negative agenda from time to time. This is why:
1) Legitimate questions, if answered to the poster's satisfaction, can earn us a new shareholder. Finding new shareholders is critical right now. More shareholders = broader base, less pumps, less dumps.
2) Negative agenda posters, if countered correctly with links and facts, can also earn us new shareholders.
This board has 466 members and about 25 that post regularly. The remaining are watching. We have an opportunity to earn the support of new shareholders by posting great information. That's the goal in my view, and that is why I respond. Thank you for considering my thoughts.
"Spooz, Inc. (SPZI) Completes Primary Acquisitions and Change of Control"
"We commenced the process of engaging a PCAOB auditor to uplist to the OTCQB. The company has no plans for a reverse split - we will not expose investors to its deleterious consequences. The company has no convertible notes and no plans for establishing any - there is no need for financing."
otcmarkets.com/stock/SPZI/news/Spooz-Inc-SPZI-Completes-Primary-Acquisitions-and-Change-of-Control?id=425388
No, please tell us the problem you see.
But does it matter? The company is in good standing with the State of Colorado and they released their first completed transaction by way of a massively distributed media release.
And you're going to spend time speculating on the number of containers and pounds per container? Honestly what is the point?
Unfortunately those of us who can see the truth will need to continue to post the truth for our fellow shareholder until the quarterly financials are released. That will be the final information set needed to shut down those who would post half-truths and blatant lies.
The lie is that you only tell the part of the story that looks bad.
Not only have all convertible preferred shares been removed, the preferred shares that are now authorized is down to 100 total shares and they cannot be converted to common.
The net net impact to common shares is a MASSIVE reduction.
Do you notice that when the price drops slightly it roars back? Hard to see that stopping. The amount of information available has been intense.
This is a lie.
https://www.sos.state.co.us/biz/ViewImage.do?masterFileId=20211944041&fileId=20238332667
Authorized shares and outstanding shares are essentially the same. It was filed with Colorado on the 26th of December. Yesterday.
Chairman Park controls the company with non-convertable preferred shares. That's it. There's nothing hidden. It's all there filed with with Colorado.
There is no RS in the filing. That is a lie.
15for2 reads this correct. This is buttoned up for shareholders just as we would like.
https://www.walmart.com/ip/Chicken-Paws-1-1-2-44-lb-Tray/19400246
Looks like $3.28 a pound at Wal-Mart
You can learn more about Chicken Paws here. I had NO IDEA 60-75% of China’s yearly chicken imports consist exclusively of chicken paws.
"2020 Industry Report: Chicken Paw"
https://t.co/km01PyRJUZ
Chicken paws are a delicacy in many parts of Asia and are popularly consumed in Vietnam, Hong Kong, South Korea, the Philippines, and China. They are considered to have health benefits such as being good for one’s skin as they are rich in collagen. • While considered to be a quite novel market for many producers, chicken paw sales directly affect the demand for chicken, which in turn affects the demand for feed such as grains and soy. Chicken paws are also a product of great interest by the world’s biggest frozen chicken import market, China, with sizable market potential still left untapped. • According to a poultry economist, up to 60-75% of China’s yearly chicken imports consist exclusively of chicken paws. Most of the imports are from the United States, the largest producer of chicken in the world.
Colorado Secretary of State site has several new $SPZI / @SpoozInc documents. To find them:
--->sos.state.co.us/biz/BusinessEntityCriteriaExt.do?resetTransTyp=Y
---> Search "Spooz" (previous company name) click link under "ID Number"
---> Scroll down / click "Filing history..."
--->Three new docs filed on 12/26/23
Please read this media release from $SPZI:
https://www.accesswire.com/818879/spooz-inc-spzi-completes-primary-acquisitions-and-change-of-control
Chairman Park controls $SPZI in exchange for JP Energy assets.
Great post. From the shareholder letter from Chairman Park to us, the shareholder:
"I have shipped over 160 Containers previously, and Commodities like Sugar, Chicken Paws and Liquefied Natural Gas (LNG) are not new to me or my organization. My relationships include counterparties and investors from South Korea, Germany, China, Philippines, and Brazil, just to name a few. It has taken me decades, not days, weeks, or months, to build these relationships.
Why do you believe he handed over the company and does not have common shares?
On the contrary, when the shareholder list is finalized, he is very likely to own a vast majority of the common stock. He would not have made this agreement otherwise.
Trader59: "Companies don't go public just to be public."
----Yes, they do.
---New $SPZI Chairman John Park: "I chose to merge my commodities trading businesses into SPOOZ, Inc. as being a public company to provide transparency and publicly recognized value, when dealing with foreign governments, energy, and utility companies, as well as commodity manufacturers and buyers. "
Trader59: "They go public to gain access to the public stock markets/exchanges to sell stock and raise capital for their business (also gives the business owners a market/exchange to sell their equity ownership).
----That's true when listing on the NYSE / NASDAQ/etc.. One does not merge into a microcap to raise capital - they do so, as Chairman Park said, " to provide transparency and publicly recognized value."
Trader59: "If there's no need or plan to sell stock, there's no need to be public. Legitimate companies don't merge into scammy OTC shells and reward its bagholders with equity ownership in their legitimate company. That would be stupid."
---Except that Chairman Park told us, by way of full distribution media release, why there is a need: "I chose to merge my commodities trading businesses into SPOOZ, Inc. as being a public company to provide transparency and publicly recognized value."
Trader59: "If anything in this fairy tale were true, that the Chinese were so desperate for sugar and chicken feet and none of their normal sources had any, and they turned to a newb who'd never been in the business..."
----He is not selling to "The Chinese", he is selling to businesses in Asia.
----He is not a newb. From the shareholder letter: "I have shipped over 160 Containers previously, and Commodities like Sugar, Chicken Paws and Liquefied Natural Gas (LNG) are not new to me or my organization."
Trader59: "John Park would have zero need to merge into this perpetual scam of an OTC company. In fact, it would be a very bad move, and his "explanation" that it somehow lends credibility to his "company" is pure hogwash."
----The company is completely new. The former $SPZI no longer has any connection to the current $SPZI. New businesses were added to $SPZI.
----How is it a bad move to, as Chairman Park says, "chose to merge my commodities trading businesses into SPOOZ, Inc. as being a public company to provide transparency and publicly recognized value." ?
"It's far easier and much cheaper to merge into a clean shell already set up then to set one up from scratch trading on the public forum."
This is so well said IMHO.
"However, if he wanted a public corporate structure to instantly mold as his, well he has it now."
This is it. Consolidated financials. There's a great deal of strength in that.