JP 3E Holdings Inc (JPTE)

[I ll be back]

This rabbit hole just keeps getting deeper and deeper.

CLEARWATER, Fla., Jan. 30, 2024 (GLOBE NEWSWIRE) -- JP 3E Holdings, Inc., formerly Spooz, Inc. (OTC: SPZI), engages Jason Meyer as Corporate Legal Partner. The company also introduces Jason Hoon Chang as President of JP Energy Group, LLC, wholly-owned subsidiary of JP 3E Holdings, Inc. Miguel Alcala will serve as Vice President for JP Energy Group, LLC.

Unfortunately, CNL has ceased providing updates to the Company, and we have recently discovered that Jason Hoon Chang and Miguel Alcala have been hired by a third-party company. We have reason to suspect that the $150,000 we provided may have been diverted to cover expenses for this third-party entity, such as travel. Furthermore, it has come to our attention that Jason Chang and Miguel Alcala have undertaken business trips to China and Brazil on behalf of this third-party company.

So, now we find out that the President of JP 3E has likely stolen some $150,000. This story just keeps getting more interesting.