SPOOZ Inc (SPZI)

[Mr Smith 34]

Another inconsistency with the financial statements. The Hamilton Street acquisition (On Track to generate $2,430,000 rental income for 2024) is not included in the subsequent events. The Blox acquisition is plastered all over that section. Both occurred in July both are equally material and should have been listed. These financials are truly G.A.A.P. (Genuinely Awful Accounting Practices)

NEW YORK, July 23, 2024 (GLOBE NEWSWIRE) -- JP 3E Holdings, Inc. (OTC: SPZI), formerly Spooz, Inc., proudly announces the successful acquisition of a majority ownership stake in Bloxcross, Inc. ("BLOX").

NEW YORK, July 18, 2024 (GLOBE NEWSWIRE) -- JP 3E Holdings, Inc. (OTC: SPZI), formerly known as Spooz, Inc. is excited to announce the addition of our first of several real estate purchases, which falls into the education/real estate platform of JP3E’s three “E’s” platform strategy of combining education, eating and energy under JP3E. The 510 Hamilton Real Estate property was acquired through a signed Membership Interest Purchase Agreement with Hamilton Street Associates, LLC, and was appraised by A.F. Lama Realty Services, Inc. at $37,460,000 with $14,300,000 equity.

Note 7. Subsequent Events
JP 3E Holdings, Inc. completed the acquisition of a majority stake in Bloxcross, Inc. In July 2024. Bloxcross is a trailblazing digital assets innovation company, renowned for its groundbreaking platform that revolutionizes global bilateral trade, cross-border payments, and financial applications through advanced blockchain technologies. In 2023, Bloxcross successfully completed $ 135 million in global transactions and therefore reportable as revenues. However, those revenues and other results of Bloxcross operations are not included in these financial statements since the acquisition was completed after the end of the quarter.