JPX Global Inc (JPEX)

[TyphoonLou]

You better hope not imo! On average a telecom tower to be built in the United States costs basically $250,000.00 EACH and that doesn’t include the cost of the land to put it on. If these are all part of Mekaddesh’s plans over the next year or so as they have discussed, besides building the current radio and television stations, this $1.6 million dollar offering is just a drop in the bucket for what they will really need to make this dream come to fruition. If the JPEX shell status was “effectively” changed on October 10, 2022 as stated here, why would there been about a 5 month wait to make a formal announcement about it? The otc report already showed that HD had already converted his preferred shares to common shares in August of 2022. Better hope the new offerings price per security of .004 does not change.

JPX Global, Inc.
SUPPLEMENTAL INFORMATION MARCH 12, 2023
JPX Global, Inc. (the “Company”) was previously a shell company. The Company’s status as a shell company has changed. Effective October 10, 2022, the Company ceased to be a shell company under the SEC’s definition.
A shell company is defined as follows: Rule 12b-2 of the Securities Exchange Act of 1934 defines a shell company as a company that has:
(A) no or nominal operations; and,
(B) either, (1) no or nominal assets; (2) assets consisting solely of cash and cash equivalents; or, (3) assets consisting of any amount of cash and cash equivalents and nominal other assets.