JPX Global Inc (JPEX)

[jufel]

From my DD, Mekaddesh Group Corporation (MGC) was basically a Shell too, There is a consent decree with the FCC for lack of operation
https://www.fcc.gov/document/mekaddesh-group-corporation-consent-decree

However, It seems JPEX is using this acquisition as base for a bigger plan as they state " MGC is currently working with Radio Stations and TV Stations, to create a platform for the independent production of programs, such as soap operas, movies, and news. We are currently working on presenting high-tech studio digital platforms in major cities in the United States.". Also important is the following "MGC's goal for 2023 is to finish the construction of 12 television Stations with 6-8 Channel independent broadcasting programs on each station. MGC plans to build at least 20 television Stations combined with high power FM stations in the most important cities within the territory of the United States"

IMO, it is a bold plan, the question is will they get Financing for such a project in the current environment?. Speculation from my part, JPEX already got such financing and are working on it since the past October, We should be getting news "soon", The risk to buy at this level is low and could be quite rewarding if they accomplish what they stated above.

Anyway