The global price of sugar has decreased approximately 6%-10% (depending on the on index) since January.
https://tradingeconomics.com/world/sugar-price-index
The NYMEX sugar futures have fallen more than 25% in that same time.
That means the Buyer/purchaser of SPZI's sugar contract could buy the same quantity of sugar today for about $50,000,000 less. Do you think the buyers are patiently waiting around six months while SPZI shops for a trading platform.
It seems like greed has replaced common sense.

No, you were not. You inferred I asked the company to publish its ledger and attempted to deflect my question.
How exactly is asking what multiple million dollar contracts will cost is a "False Flag"? The company is more than happy to announce the possible revenue from contracts.
New $617,500,000 Fully Executed Sugar Commodity Contract
Do you buy a house, car, groceries and not remotely expect to know the cost?
I would think the cost of buying the commodities would be important information. Do you know what that cost is? Don't you feel that is important? How can you be excited about how large the sales contracts are if you don't know what they will cost?

uuummm yeah....
"other side of the ledger" is correct and usable in written English. It is used to refer to the opposite or different parts of an argument, situation, or discussion. For example: "The other side of the ledger is that there are also many advantages to staying in the city."

Interestingly there is no information about the contracts to purchase the commodities. There was been much hype about the sale of sugar, chicken paws, etc., however what contacts are in place to buy the items to sell? Presumably SPZI does not own chicken farms, processing facilities or sugar refineries. As it has been announced, SPZI is not a broker so they will need to procure those items first.
A $617,500,000 sale looks very different if it costs $617,000,000 to acquire the commodities. Management has not made any announcements about that side of the ledger.

Nice deflection attempt Skippy.
You're way passed your 90% speculation. Maybe some pumper night school would be in order.
Regardless of how supremely confident Park is, who is paying Bank of Hope their $23,160,000.000 and how?
AND
Does Bank of Hope realize that Hamilton Street Associates no longer owns the property?
There is nothing recorded as of last night.

Excellent reply,
It is impressive how you addressed each and every one of my facts.
I hope you're not a paid pumper because your employer will be looking for a refund.

I think someone is spreading more that 90% suggestion.
"Kerogen: yes, they have everything they need to drill"

Kerogen has no active permits registered with the Commonwealth of PA.
https://greenport.pa.gov/ReportExtracts/OG/OilGasWellInventoryReport

Kerogen has no OGO ID number (Oil and Gas Operator) filed with the Commonwealth of PA.
https://files.dep.state.pa.us/oilgas/bogm/bogmportalfiles/OilandGasFAQ/SubchapterB-PermitsTransafersandObjections/NewOperatorFAQ.pdf

Kerogen has no leases recorded in Indiana or Clearfield Counties. Kerogen has a 50ft right of way across a property in Clearfield County PA.
"This easement shall be for access to the adjacent property..." Recorded on 6/03/2024 at Instrument #202406461

Kerogen has no property deeds recorded in Indiana or Clearfield Counites.
"Kerogen owns the land of Clearfield County for setting up the lithium factory"

#1 I didn't say to release earnings, I said a press release with general information updates.
#2 Companies pre-announce earnings all the time.
"...a pre-announcement is made in the weeks preceding the full earnings release and conference call. Management also may decide to update investors with preliminary results ahead of investor days, investment conferences and major acquisitions. This allows conversation on current financials..."

Why hasn't there been a peep from management about the contracts? What rule, regulation, law or directive prohibits a company press release in advance of the reports? Something along these line..."SPZI is please to announce a great 2nd quarter with great income from multiple contracts, " Instead there are crickets. Management didn't seem so shy when the contracts were originally announced.

Speaking of being subtlety biased, I think the emphasis of the word "UNANIMOUS" is meant to mislead or is willful hyperbole.
While it is true all voted for the permit, it was not without misgivings.
From the article.

"There was some concern expressed by some Board members..."
"Members such as Sami Shaban were worried..."
"Board members were measured in their approvals"
“Considering the pros, I vote yes,” Board Vice-Chairman Charles Brown said. “But I am concerned..."
So while there were positive comments, there were also concerns expressed.
Making it appear that the board rushed to UNANIMOUSLY embrace the project is deceptive.
Using that narrative to prove other assumptions is equally deceptive, A UNANIMOUS zoning board approval of a permit can not be equated to proving fully executed commodity contracts.

Somerset County Office of the Clerk
Records Search System
(Free registration required to login)

https://liveacclaim.co.somerset.nj.us/AcclaimWeb/

If there were permits, funding or grants, it was with Faris Center LLC. and I don't know the relationship between Faris and SPZI (JP3E)

Several APRA requests were sent to the State of Indiana and the City of Kokomo

Mortgagee:
Bank of Hope
138-02 Northern Boulevard
Flushing NY 11351

On 7/15/2024 a UCC continuation form was recorded at Book 7566 Page 1799

Somerset County's records are current as of 7/18/2024. If any change of ownership or transfer of mortgage has happened, it has not yet been recorded.

I'll Be Back:
I have some questions about the mortgage. This is an excerpt from the Mortgage Modification and Extension Agreement between Hamilton Street Associates, LLC (for 510 Hamilton Street) and Bank of Hope, recorded on 6/9/22 in Book 7448 Page 2790 of the Somerset NJ Office of the Clerk.

WHEREAS Mortgagee is the owner and holder of a certain mortgage in the amount of $20,605,000 dated December 17, 2019 given by Mortgagor in favor of Mortgagee and recorded with the Somerset County Clerk's office on December 23, 2019 in OPR Book 7176 Page 3057 (the "Existing Mortgage") and a certain note securing the Existing Mortgage ("the Existing Note")
WHEREAS, there is due and owning the sum of $24,000,000.00 in connection with the Existing Mortgage, interest thereon having been paid to date.

#1 Why the original note $ 20,605,000.00 and the amended amount is $24,000,000.00 . What does "there is now due and owing $24,000,000.00 mean? Additional borrowing? Unpaid principal? What would make the principal amount higher?
#2 The modification agreement dated 5/25/2022 was for $24,000,000.00. Were there no principal payments on this note or was the sales price / transfer set at the value of the modified note? Isn't it odd that it's the exact amount as the note. Wouldn't property appreciated/depreciated since 2022?
Thanks for your insight
Also... Item 7 of the Modification agreement says taxes are to be paid "as the same become due & owning".

According to Kool-Aid's post, it appears the outstanding tax balance on the property (as of April 2024) was approximately $440,000.
Would these outstanding amounts have been paid off before the acquisition / transfer was completed or can the deal be structured so the buyer assumes the unpaid tax liability?
Thanks

IMO, I expect to see the Blox and PEC transactions go the same way as the Kokomo project.
Promises were exchanged and dollars were to be forthcoming .
Even if intentions were good at the time, no company is going to give up controlling interest and then wait forever for payment,
Qtr II or Qtr III will show the Blox / PEC deals being "restructured"
Again IMO

In reading your posts on other boards, it appears you feel scams should be exposed.
I would be interested in your thoughts on SPZI.

So, your theory is the Company issued a press release for a fully executed sugar contract in February with revenue to begin in March 2024 and then waited for almost 3 months for the Blox transaction to be announced (and why are still waiting on Blox to "start" a shipment?) . This makes no sense. Please explain your thoughts,
February 05 2024 - Spooz, Inc. (OTC Pink: SPZI), is pleased to announce the execution of a sugar commodity contract valued at $617,500,000 for ICUMSA 45 Sugar
February 05 2024 The contract is $47,500,000 per month for the next 12 months - Next month = March 2024
April 30, 2024 Bloxcross... is excited to announce the launch of a new, comprehensive platform designed to revolutionize global trade finance
May 23, 2024 Spooz, Inc., is excited to announce the signing of an agreement to acquire a majority ownership interest in Bloxcross, Inc. ("BLOX")

If the company follows ASC Topic 606 as they say, then revenue should have been a subsequent event in the audit report and a receivable in the first quarter. Company data is from the February press release.
Revenue Recognition To determine revenue recognition for arrangements that are within the scope of Accounting Standards Codification (“ASC”) Topic 606, Revenue from Contracts with Customers, the Company performs the
following five steps:
(i) identify the contract(s) - "SPZI is pleased to announce the execution of a sugar commodity contract"
(ii) identify the performance obligations - "the seller will issue a performance bond to the buyer in 2% (two percent) of the amount of the financial operative instrument,"
(iii) determine the transaction price, "Sugar commodity contract valued at $617,500,000 for ICUMSA 45 Sugar"
(iv) allocate the transaction price to the performance
obligations "The contract is $47,500,000 per month for the next 12 months"
(v) recognize revenue when (or as) the entity satisfies a performance
obligation. ???? performance not satisfied?

Sorry for the typographical error.
The statement that I do know the meaning of words is a bit of a harsh assumption on your part.
It also does not negate the point that if the auditors believed the revenue was imminent it should have, at a minimum, been disclosed in the subsequent events section (note 8). They disclosed the JP3E restructuring agreements.

PCAOB - AS 2415: Consideration of an Entity's Ability to Continue as a Going Concern
"Continuation of an entity as a going concern is assumed in financial reporting in the absence of significant information to the contrary." Going Concern is assumed unless evidence suggests otherwise

".07 If, after considering the identified conditions and events in the aggregate, the auditor believes there is substantial doubt about the ability of the entity to continue as a going concern for a reasonable period of time, he should consider management's plans for dealing with the adverse effects of the conditions and events. The auditor should obtain information about the plans and consider whether it is likely the adverse effects will be mitigated for a reasonable period of time and that such plans can be effectively implemented. " Auditors should consider management's future plans - If revenue is eminent, why weren't commodity contracts discussed, listed or considered?

You need to understand, Spooz is mother, Spooz is father. Spooz will bless you with untold riches, zip code changes, generational wealth. But the price you will pay is you can never never have a question or doubt in your mind that Spooz is a god and must be worshipped and defended. Rational questions or critical thought is never permitted. Any differences between press releases and reality must be quickly explained away at all costs.

Indiana refers to their public records requests as APRA (Access to Public Records Act) These addresses were particularly helpful:
info@cityofkokomo.org
citycontroller@cityofkokomo.org
Comments@comptroller.in.gov
comments@auditor.in.gov
Also the Indiana public record request guide
https://www.in.gov/pac/files/pac-handbook.pdf

That is the problem I've had with the Kokomo project.
The press release says:

I'll admit I am baffled by the obsession with the name change and how the value will skyrocket once it happens.
I understand the "new name, new beginning" narrative, but as an investor, if you like (or dislike) the company what does the name matter? Is the line of reasoning that 100's of new investors will suddenly discover JP3E that did not like SPZI's financial position? If Apple becomes Peach tomorrow will you buy or sell based only on a name change? The reasoning escapes me.

Xman, I wished I had an answer to your question, but I don't know the outcome of the contract or if there were consequences or penalties for non-performance.
IMO, that contract was poorly written with vague and ambiguous language. There are many spelling and grammar errors.
I would hope it was not transferred into the new company. Hopefully any new contracts are much cleaner and have been reviewed and approved by an attorney. This is a major frustration with management, why not release the contracts? if not the actual documents, at least document details.
Also, I have never seen any announcement for purchase contracts. If Spzi sells sugar, they need to have a contract to buy sugar, unless of course they keep 100's of tons of sugar at the office. You don't get 600 metric tons of sugar at Trader Joes.

May 2023 executed sugar contract as per your request.
https://www.sec.gov/Archives/edgar/data/1409446/000164033423001741/nhmd_ex992.htm

I''m not sure the press release is that big of a "BOOM"
finalizing commodity shipping details
Wouldn't that indicate they have not shipping anything yet?
As this is June, that would mean no Q2 commodity revenue.

(2018) Cabot Oil and Gas had average expected well cost of 8.6 million per Marcellus well in 2018, prior to inflation.
I'm sure costs are somewhat higher at this time.
https://www.ogj.com/drilling-production/production-operations/unconventional-resources/article/17297716/cabot-plans-85-wells-in-marcellus-shale-in-2018

How did Nate’s clearly stated contracts spelling out every detail work?
That is a very very good question
https://www.sec.gov/Archives/edgar/data/1409446/000164033423001741/nhmd_ex992.htm
PS check out the initials on each page and the signature page.

You might want to see if your local community college has a beginning reading comprehension course.

Do you every get dizzy from all the spinning?
"or it’s material" I've requested the release copies of the Chicken paw and sugar contracts. . A company announces they have fully executed contacts and you think it's to much to ask for some type of evidence? They did it at Nates. At nearly a billion dollars, I can see how you would find that immaterial . As I posted earlier, the auditors office said they will not confirm or deny clients and will not discuss audits without written consent of a client.
And you're the one who decided I don't own any stock. I NEVER said that, so add that to your list of unfounded assumption.
I was in the Oct 21 Spzi run. I sat quietly and watched it go up to around .01 and believed everything from the company until it all melted away. I was hoping things would be different this time, but I refuse to not ask hard questions or blindly believe things merely because the company said so. Again I have no interest in saving you, if you make 10 trillion dollars or lose every diamond on both hands, my life will be unchanged. Sorry to hear about your strained credibility, maybe put some ice on that

Excellent reply, personal attacks always make your point more valid and you know I value your opinion more than life itself.
As a stockholder, I want to know the company information is accurate. So your answer is to ignore any evidence in front of you that might lead you to question the company press?
Have you ever tried to research one thing the company has released?
I have, I've called the auditor, I've called the company, I've emailed the company many many times begging for more detailed information to be released, I've sent 6 public information requests to the City of Kokomo and the State of Indiana, I've researched all the partners that have been announced. ( did you find out how many wells PEC owns to contribute to the LNG project?) I've googled every possible fact to prove or disprove what the company has released. BUT you are right, my arguments and facts pale in comparison to your "wait and see" philosophy. Talk about spreading lies, you might want to check a mirror.

Can you cite, with references, the , total daily production, total reserves or number of wells owned or operated by Power Engineering Company or Imperial Holdings?
https://www.pec.com.qa Power Engineering Corp's website does not mention anything about owning or operating wells. I cite facts and you cry lies but you put forth speculation and want me to take it as fact.

Large amounts of LNG revenue are not possible for at least a year or more. It appears that Kerogen is not an active operator at this time and has no producing wells. According to Marcellusgas.org it will take an average of 357 days to permit, drill and produce a gas well. If Kerogen started today, any contributions of LNG revenue is at least a year away. An alternative to company owned production is to purchase gas from 3rd parties, but that would drastically reduce any profit margins.

???? I never said there was or was not lithium in brine water from gas wells and I never claimed to be a lithium expert.
You opined that I claim to know things that are unknowable. Your comment was a brine extraction plant could be purchased and I was commenting that there did not seem to be an abundance of plants to be bought.

This does not sound like there are thousand of functional brine extraction plants out there.
https://lithiumfuture.org/map.html
"Globally, lithium is extracted from two key sources: brines and minerals. Currently lithium-bearing minerals, such as spodumene and petalite, are chiefly extracted from pegmatites in Australia, Zimbabwe and Brazil; however, future sources of lithium are likely to include hectorite and jadarite that are found in some sedimentary basins. Extraction of lithium from brines predominantly occurs from continental brine deposits, such as those found in Chile, Argentina and Bolivia. Although, extraction from oilfield and geothermal brines has been demonstrated and may become an important source of lithium in the future. "

I have searched and can not find a lithium brine extract plant for them to purchase.
I found a company in China that sells extraction equipment. https://www.sanfengtech.com/solution/lithium-brine-extraction/?gad_source=1&gclid=EAIaIQobChMIu_enjp-2hgMVIHJHAR2vqg_IEAMYASAAEgIvIPD_BwE
Even so, there would be some lag time to construct one.
Would you think they could purchase brine water from others and not their own production? That could speed up the process.

I will give you an example,
Marcellusgas.org says it takes approximately 357 days form the permit application to producing the well. Lets say is will take a minimum of 60-90 days to become an oil and gas operator in Pennsylvania. That would mean the earliest you could expect well production would be 3rd qtr of 2025. Why not say that instead of mentioning late 2024 early 2025? To your point why would people with so much at risk offer these type of answers? I don't have a good answer.