JPX Global Inc (JPEX)

[jufel]

Thanks for the Link, according to Form 15. Jpex is now required to file since
Beneficial Shareholders are 1,870 12/28/2022
https://www.otcmarkets.com/stock/JPEX/security

Rule 12g-4(a)(2) is a provision of the Securities Exchange Act of 1934 that allows an issuer to terminate its registration under Section 12(g) of the Act if it meets certain conditions. According to the rule, termination of registration shall take effect 90 days, or such shorter period as the Commission may determine, after the issuer certifies to the Commission on Form 15 that the class of securities is held of record by fewer than 500 persons and where the total assets of the issuer have not exceeded $10 million on the last day of each of the issuer's most recent three fiscal years¹.


Rule 12h-3(b)(1)(i) is a provision of the Securities Exchange Act of 1934 that allows an issuer to suspend its reporting obligations under Section 15(d) of the Exchange Act if it meets certain conditions. According to the rule, one of the classes of securities eligible for suspension is any class of securities, other than any class of asset-backed securities, held of record by fewer than 300 persons