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Friday, May 03, 2024 3:16:50 PM
"This is a dream come true. Looks like you'll be able to build generational wealth here."
To believe this pinkyland fantasy - you have to believe that since December - Park has $2 Billion in Commodities contracts - then magically Park goes from Chicken Feet to Blockchain and AI. That is hilarious.
I can't wait for the Q1 which is in 12 days.
"CLEARWATER, Fla., Feb. 09, 2024 (GLOBE NEWSWIRE) -- JP Energy Global, PTE, LTD, a wholly owned subsidiary of JP 3E Holdings, Inc., formerly Spooz, Inc. (OTC: SPZI), confirmed the shipping dates to fulfill five (5) contracts for Grade A Chicken Paws to China. The total value of the contracts is $182,000,000 of revenues.
JP Energy Global commands approximately an 18% gross profit margin (more than $32,000,000 in its gross profits, before operating expenses)"
So there should be $182,000,000 in revenue and $32,000,000 in gross profit. I can't wait for the excuses - but I hope Park puts this in the financials because he is going to have to prove it.
Let's see what there is about Park.
More Commodities contracts:
"Nate's Food Co. Announces Reverse Merger and Change of Control with JP Energy Group to Drive Global Expansion
September 22, 2023 09:00 ET
JP Energy Group, established in September 2023 with the purpose of fulling and executing on the contract executed by JP Energy Partners as disclosed in our 8-K filed September 21, 2023. On May 31, 2023, JP Energy Partners entered into a contract for the supply of up to 600,000 metric tons of sugar to be delivered to China comprising of two shipments."
From a Nate's Food 8-K:
"The company initially planned an in-person meeting with John Park on November 28, 2023, but opted to postpone these discussions. This decision was driven by the company's heightened focus on finalizing its new sugar contract. Recent weeks have seen JP Energy attempting to renegotiate an already executed contract. In the course of these negotiations, it became apparent that JP Energy required over $400,000 to fulfill the signed contracts, a revelation significantly at odds with previous representations made to the company. This development raised substantial concerns about JP Energy's ability to successfully execute their contract."
Park is a serial scammer - and there won't be generational wealth - but there could be generational losses for believing in Park.
IG
The First Casualty of Emotion is Reason.
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