JPX Global Inc (JPEX)

[jufel]

I find the following letter between the SEC and J¨PEX interesting

https://www.sec.gov/Archives/edgar/data/1506814/000190359623000610/filename1.htm

"1. We note that you intend to offer up to 4 billion shares at a range of $0.001 - $0.01. Under Rule 253(b)(2)(ii), the upper end of the range must be used in determining the aggregate offering price, which means your maximum offering amount of $40 million exceeds the offering amount permitted for Tier 1 offerings under Rule 251(a)(1). Please advise and revise as appropriate.
This has been amended to change the range of the offering price to $0.0004 - $0.004 to be in line with our projected offering amount of $16 million.. "

IMO Thats the reason they changed the offering range just to comply with regulation!

Also I find interesting the rest of the letter