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Friday, May 09, 2025 2:36:15 PM
I suppose this image wasn't photoshopped either---Saggy rounded bag with provably straight/ horizontal text (Arial font) top to bottom. No text distortion whatsoever.
"JP Energy Global, PTE, LTD, per contract, successfully shipped 300 metric tons of ICUMSA 45 Sugar to the purchaser." Claim made 11/21/2024.
https://www.globenewswire.com/news-release/2024/11/21/2985469/0/en/SPZI-JP3E-Commenced-Initial-Shipment-for-Sugar-Commodity-Contract.html
1 metric ton = 2,205 pounds
2,205 lbs x 300MT= 661,500 lbs
15 day avg price for lb on 11/21/2024= $20.49 cts/lb
https://www.isosugar.org/prices.php?pricerange=2024-11-01
$20.49 cts/lb x 661,500 lbs = 13,554,135 cents = $135,541
"JP Energy Global, PTE, LTD, per contract, successfully shipped 300 metric tons of ICUMSA 45 Sugar to the purchaser." Claim made 11/21/2024.
https://www.globenewswire.com/news-release/2024/11/21/2985469/0/en/SPZI-JP3E-Commenced-Initial-Shipment-for-Sugar-Commodity-Contract.html
1 metric ton = 2,205 pounds
2,205 lbs x 300MT= 661,500 lbs
15 day avg price for lb on 11/21/2024= $20.49 cts/lb
https://www.isosugar.org/prices.php?pricerange=2024-11-01
$20.49 cts/lb x 661,500 lbs = 13,554,135 cents = $135,541
This sugar delivery, fortified by Bloxcross’ trade financing platform, solidifies the supply chain, elevating and enhancing our business operations, facilitating sugars contracts of monthly shipments spanning an entire year of extremely profitable sugar contracts.
Do not buy, sell or make any investment decision based information or opinion I post. I conduct my own DD. If you don't like it feel free to prove me wrong.
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