I read the full transcript as well. It sure seems like to me you want state worse for JPEX and nothing good. Once again we come away with a different assessment. You definitely have a way of spinning things, that you're good with! We will see when all is said and done!
Your 2A is pure speculative opinion on your part saying -- "expect the judge to give HD all his voting shares & Frank few of his" Nowhere in the transcript was any indication of that! This was a new Judge and not up to speed with the background, which is what JPEX lawyer will be providing. Alpha Custodianship was legally obtained by court order (different Judge). And Pursuant to the Order -- see below: JPEX 2021 Q3 filing: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=168261087
On July 07, 2021, the District Court of Clark County, Nevada entered an Order Granting Application for Appointment of Alpharidge Capital, LLC (the “Order”), as Custodian of the Company. Pursuant to the Order, the Alpharidge Capital, LLC (the “Custodian”) has the authority to take any actions on behalf of the Company, that are reasonable, prudent or for the benefit of pursuant to, including, but not limited to, issuing shares of stock and issuing new classes of stock, as well as entering in contracts on behalf of the Company.
On July 07, 2021, pursuant to a Securities Purchase Agreement (SPA) the Custodian granted to Community Economic Development Capital, LLC. (CED Capital), 5 Series A preferred shares (convertible at 1 into 2,000,000,000 common shares, and super voting rights of all votes) in exchange for $35,000 which the Company used partly to fund the reinstatement of the Company with the State of Nevada, settlement of the Stock Transfer Agent’s balance. CED Capital also undertook to make all reasonable efforts to provide adequate current public information to meet the requirements under the Securities Act of 1933.
On July 07, 2021, the Custodian appointed Ambrose O Egbuonu, who is associated to Alpharidge Capital, LLC., as the Company’s sole officer, secretary, treasurer and director. The purchaser of the 5 Series A preferred shares has control of the Company through super voting rights over all classes of stock and the 5 Series A preferred shares are convertible into 10,000,000,000 (5 Series A preferred shares multiplied by 2,000,000,000) shares of the Company’s common stock. However, the court appointed control still remains with the Custodian until the Custodian files a petition with the District Court of Clark County, Nevada to relinquish custodianship and control of the Company.
On July 7, 2021, the Company filed a Certificate of Revival with the Secretary State of the State of Nevada, which reinstated the Company’s charter and appointed a new Resident Agent in Nevada. The company is currently a non-operating holding company.
The 5 Series A Preferred Shares are legit! I do NOT believe Frank would lie in a SEC filing, especially when using JPEX for a very important big merger! If all 175M HD shares are legit, which IMO doubtful and I look forward to the discovery phase presented to the Judge! I do think you're right about the no vote, because IMO once this new Judge has all the factual info, he will rule in favor of JPEX without the vote!
You said HD doesn't lose much or gain anything! Say WTF Over! Of course he loses BIG with the value of any shares that are legit via merger valuation if merger doesn't go thru! That's why HD side does want to see the merger happen as stated in the transcript! Her exact words talking to the Judge -- to be clear, the goal here is not to terminate the merger permanently! I don't doubt he does have millions of legit shares, but 175M doubtful, and doesn't matter for Majority Control on a Vote anyway, Frank has that legally!
I'm done posting with you about this - enjoy your life!
