Wednesday, March 09, 2022 5:02:30 AM
This was only a "PRELIMINARY" Injunction to hold up the merger for now while they work this out! Otherwise the merger would of taken place last week and why the conference was canceled on 2 MAR!
Mr. Hovendick's Preliminary Injunction application was to block the consummation of $JPEX merger with VeeMost. The court's grant of Mr. Hovendick's application today effectively blocks the merger. See item #1 on this application. pic.twitter.com/17Iz7Ez6hG
— Opportunity Zones Capital, LLC (@opportunityzon) March 9, 2022
Alpha/Frank will continue to fight.
@Alpharidge_Cap'll defend to the last court. It made settlement offers that were rejected by the Hov party. They're stuck in their demand for $327K + interests, un-canceling the share, allowing conversion of 10 mil preferred into 100 mil common & making all stock tradable now.
— Opportunity Zones Capital, LLC (@opportunityzon) March 9, 2022
https://www.investopedia.com/terms/i/injunction.asp
They will settle on a number soon otherwise Hovendick will lose everything having worthless shares AGAIN and Frank doesn’t want to lose this outstanding merger with VeeMost Technology Inc. already profitable in a hot multi-billion $$$$$$$ cyber security sector! Frank is the owner and has full control of the JPEX Shell!
Frank just had a HUGE win with reducing the PRDL OS last week around 40%! He just tried to offer Hovendick something but he's greedy and wants all them Preferred B's! IMSO they will come to a settlement agreement and then the merger takes place!
All the best,
R2R
If possible, please donate some of your profits to very good cause for our US Military VETs/Families -- THANK YOU!
https://independencefund.org/
https://www.woundedwarriorproject.org/
https://t2t.org/
https://specialops.org/
https://foldsofhonor.org/
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