JPX Global Inc (JPEX)

[tractor4sale]

Dated 4/7/2024 which was basically two weeks before JPEX went into the otc expert market.. There is more going on then Antonio Guels citizenship issue and Hovendick was more than likely unknowledgeable about what truly was going on. Note the last paragraph here emphasizing the declining business of HFCN:

“The FCC’s quarterly station count shows the continued decline in the number of AM stations as seventeen licenses have been cancelled since the end of 2023. Also dropping are the number of LPFMs despite the first of last year’s filing window stations making the air as the count falls by seven stations.”

https://radioinsight.com/headlines/267174/fcc-report-4-7-fcc-denies-roger-wahls-request-for-review-of-his-wqzs-revocation-scope-of-guel-family-probe/

A probe against into the actual de-facto control of seven LPTV licenses was rejected towards being expanded to include two radio license holding companies. The FCC designated Jennifer Juarez’s Hispanic Christian Community Network to a revocation hearing last August over over the assignment and operation of the stations from Antonio Cesar Guel to his niece Jennifer Juarez.

As the hearing process went on, Juarez waived her right to a hearing a submitted the licenses for cancellation as Guel, a Mexican citizen unable to hold an FCC license, admitted to continuing to operate and control the stations after assigning them from HCCN to Juarez. During the discovery process responses from Guel indicated that similar processes may have happened with Guel’s role in Mekaddesh Group Corporation and Hispanic Family Christian Network owned by other members of his family.

The FCC noted that Guel, who previously stated he was a US citizen on FCC filings despite not being so, and his wife fund the Guel Family Trust, which holds 100% of Mekkadesh, but Guel attests his daughter Maria Guel is the controlling owner of both.

FCC Administrative Law Judge Jane Hinckley Halprin stated, “The record of this proceeding thus far also reveals conduct of individuals and licensees other than Mr. Guel, including but not limited to Maria Guel, that may provide evidence of unauthorized transfers of control of FCC licenses, lack of candor with the Commission, and other violations of the Communications Act and the Commission’s rules. In weighing whether to consider the additional issues requested by the Enforcement Bureau, the Presiding Judge finds the Media Bureau’s approach in the HCCN HDO instructive. The Media Bureau mentioned Mr. Guel’s connections to other Guel family businesses, including HCFN and Mekaddesh, and the involvement of other Guel family members – including Maria Guel and Cesar Guel, Mr. Guel’s son – in possible FCC violations. Despite that, the Media Bureau designated for hearing only issues associated with HCCN and the above-captioned licenses that HCCN assigned to Jennifer Juarez. At the same time, as already discussed in the February 5 Order, the Media Bureau suggested that it is investigating other Guel family licenses. Concerns regarding misrepresentations made in documents filed with the SEC also might bear investigation by that agency. The Presiding Judge has carefully considered these additional facts and circumstances and concludes that declining to enlarge the issues as requested by the Enforcement Bureau is consistent with the Media Bureau’s approach in the HCCN HDO and avoids potentially interfering with any related investigations the Media Bureau may be conducting. Further, given the scope of possible inquiry and the number of parties in addition to Mr. Guel and HCCN that the record suggests might have engaged in violations, the Presiding Judge finds that it would not be efficient to refocus this proceeding by enlarging the issues.”

Halprin continued, “While some of the discovery and filings submitted in this hearing might inform collateral proceedings involving other Guel family members and licenses, such information is also material to evaluating Mr. Guel’s candor during this proceeding, including the veracity of his declarations and possible testimony. This information similarly is material to evaluating the veracity of declarations by others that Mr. Guel has submitted, along with the possible testimony of those declarants. The Presiding Judge intends to permit limited additional discovery regarding other Guel family business activities to the extent that discovery is aimed at evaluating the veracity of Mr. Guel’s filings in this proceeding. Consistent with the Commission’s rules, that discovery must be reasonably calculated to lead to admissible evidence regarding the issues that remain in this proceeding; this is not an invitation to engage in broad discovery that is arguably not relevant. The Presiding Judge has authority to issue subpoenas requiring the provision of documents, testimony, and other information from Mekaddesh, HFCN, and others, and will exercise that authority as she deems necessary and appropriate for these purposes.”

A waiver request by tower operator Vertical Bridge will enable other tower owners to gain a waiver from the FCC requirement for quarterly inspections of certain lighting systems. The commission has granted the waiver request from Vertical Bridge and Drake Services to allow those using Drake’s LED lighting monitoring system to request a waiver from the quarterly inspection by supplying a signed certification they are using Drake’s product on their tower(s).

The FCC’s quarterly station count shows the continued decline in the number of AM stations as seventeen licenses have been cancelled since the end of 2023. Also dropping are the number of LPFMs despite the first of last year’s filing window stations making the air as the count falls by seven stations.