JP 3E Holdings Inc (JPTE)

[Kool Aid Man]

Insanely grandiose stories+photo ops are all any scam needs. Management posts just enough knowing minions will expand, extrapolate, jump to ridiculous conclusions then say/ predict/ guarantee stuff that officers --hiding behind their safe harbor disclaimers-- wouldn't dare do.

Reminds me of multi-level marketing scams. A company publishes carefully worded literature to cover their asses legally yet knowing their distributors are making all sorts of illegal claims (i.e. product cures cancer, autism, AIDS, Covid etc) --often with the encouragement of management. The FTC prosecutes them under a concept that says they can't "hide behind the paper" (i.e. written statements) while sitting by and letting distributors lie for them.

Q1 due in SIX days.