InvestorsHub Logo
Followers 168
Posts 17823
Boards Moderated 3
Alias Born 11/29/2010

Re: I-Glow post# 80824

Wednesday, 04/17/2024 6:39:01 PM

Wednesday, April 17, 2024 6:39:01 PM

Post# of 82487
WILL THE "REAL" JOHN PARK STAND UP PLEASE?? (the question asked at the end of the 1950's game show "To Tell The Truth")

Curious website claim..

The JP3E home page displays a photo of the apartment complex at 510 Hamilton Street as being one of JP3E's three areas of business: "LNG, Eatables and Education/ Real Estate." https://www.jp3eholdings.com/ It is described as JP3E's "Education Cluster incorporates Real Estate as well, since accommodation is crucial for stable education." But when you click on the photo it takes you to a an unrelated website for "G2Deluxe Housing" at 510 Hamilton St, Somerset NJ 08873 https://www.g2elitehousing.com/

I checked the Franklin County NJ Property Tax Assessor and found no record of John K. Park owning any property in that county. Instead, 510 Hamilton is apparently owned by--

Hamilton Street Associates, Llc (not John K. Park or JP3E)
P.O. Box 218 Rocky Hill, NJ Zip: 08553
https://opencorporates.com/companies/us_nj/0400659159
It's Property Class is "4A Commercial Public School Property"
The Total Assessed Value for 2024 is $19.1 MILLION.
https://www.taxdatahub.com/62322899fa390ea73997514b/Somerset

Further searches state that Park (63) and his wife (68) live at 510 Hamilton “Unit 425” which makes me wonder--- what are a couple of senior citizens doing living in what’s described primarily as “student housing” the past 4 years? https://www.fastpeoplesearch.com/john-park_id_G-4544189159875360547

Also… why is there a green button at the bottom right of the https://www.g2elitehousing.com page that takes you to the “JP3E Group” website? Then on the left there’s contact info that gives the address, email and phone number of (732) 425-4041. So I did a search for the phone and surprise surprise---

>>Turns out that same number is/was also used by Parks “5L2F Orchestra<<.”

https://www.zoominfo.com/c/5-loaves-and-2-fish-orchestra/528801889 (Here's an archived capture of the defunct website https://web.archive.org/web/20201125081043/https://www.5l2forchestra.org/ The domain name is available for sale at $11.49)

IMO the only logical conclusion I can draw is this---

John K. Park/ JP3E does not own the apartment complex at 510 Hamilton--- he’s apparently THE MANAGER

---possibly living there rent free (or deeply discounted) in exchange for his services.
(I did note that a couple of the reviews mentioned "Joseph." Joseph Lee is identified in the archived 5L2F website as their Musical Director along 732-425-4041)

IF the manager has the ability to modify the G2EliteHousing website that might explain why that “JP3E Group” button appears there. I wonder if the presumed owners know or approve of this and that Park is apparently using the property to sell stock. Also, are they aware that he's claiming to use an apartment (“Suite 101”) as his business location? If they do, is he paying rent or otherwise compensating them? Just askin.'

Bearish
Bearish

Consider me an IDIOT. Do not buy, sell or make any investment decision based any information or opinion I post. Conduct your own DD.