Sunday, March 10, 2024 12:39:18 PM
IMO, for the incoming Q, Jpex must consolidate Mekaddesh's financials into Jpex's, since MGC is its only subsidiary. Last year MGC had substantial gross profits, around $ 1.2 M. Such figures are filed in the 1As disclosures which jpex had annexed when applying for the share offering.
The main issue is related to Antonio C. Guel which is not a US citizen and is not in compliance with the FFC rules. They want to prove he is part of the MGC and treat Jpex as party in that matter. In the mean time I assume MGC has kept working on its 2023-2024 plan stated In the OTC company profile.
Recent JPEX News
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- Form 1-A/A - Offering Statement [Regulation A]: [Amend] • Edgar (US Regulatory) • 09/12/2023 06:32:39 PM
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