Replies to post #22592 on JPX Global Inc (JPEX)

[chemist72]

Only reason I can think of - because Mekaddesh deal not yet finalized.

Despite JPEX shareholder's wishes the Mekaddesh deal has NOT yet been finalized.

Just look at all these hedges in their last quarterly report:

1) "The Company presently has an agreement to acquire Mekaddesh ...."

2) "Once the prospective acquisition is consummated, MGC will operate as a subsidiary of the Company."

3) "The Company presently has an preliminary agreement for an ALL-STOCK acquisition of Mekaddesh ...."

4) "There are no guarantees and the Company is providing NO assurance that it could close this acquisition."

https://www.otcmarkets.com/otcapi/company/financial-report/378772/content

It's pretty clear from the quotes above that the deal with Mekaddesh is not yet finalized!!