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DTGoody

11/02/23 12:49 PM

#89998 RE: stervc #89994

Bullish
Bullish
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Strukture

11/02/23 12:59 PM

#90001 RE: stervc #89994

To Back-up Sterv JP-Energy Partners 4.5yrs in business

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zombywolf

11/02/23 1:47 PM

#90010 RE: stervc #89994

You have got to be kidding me, that is your response? Boy do you need help on this. Lets start with the company. Take a look at the merge docs. There is no company named JP Energy or JP Energy Partners or group. It is JP Energy LLC. That is a specific company that was registered in NJ in September, and that exact name is on the merge docs. This is a similar issue to what is going on over at $TXTM with fooling investors to what merged in. They pumped all this business they have in South Africa as a merge in, but they set up an alternate company created a few months prior as the real merge company with no assets of theirs inside. This is obviously a one man company setup, away from whatever operations he may have. Were you born yesterday about financing? I know peeps starting small companies that had to put up their houses, cars, bank accounts, ect to get business financing nowhere near hundreds of millions. Business financing is tougher to get because it is easy to set up, but tougher to make it go than buying houses and cars. Being massively in debt with judgements, is no big deal in financing? You have got to be kidding me, that is the first thing banks are going to look at. The contract is 5 months old is no problem, even years? You are listening to the nuts here. There are companies in Brazil that have been shipping sugar to China for years at half the price and don't need financing. This order doesn't even make sense based on that. Where are pages 14 to 20 in the pumped contract? He had no problem posting 2/3rds of it, where is the rest? How about the end of a contract being the most important part, where is it? I think you need to sit down and take a real good look at what is public here, and not making stuff up which is not.
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Xman1959

11/02/23 1:57 PM

#90015 RE: stervc #89994

stervc, when I was checking on the address of jp energy i believe, it looked as above a Korean restaurant owned by perhaps a relative a Mr. x park, don't they own a chain of restaurants or am I incorrect? tia


Another option is that they could be using something as collateral that is in huge value that has been approved to be used by a certain banking institution. Maybe they have some huge asset or something of huge value that was approved to be used.
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trader59

11/02/23 2:00 PM

#90017 RE: stervc #89994

Sorry, there, bud, but it's an LLC and he is the company. The LLC provides some separation for him, but when the bank looks at it, they're going to consider his own personal situation since the LLC is, essentially, just paper, and pretty recently created paper.
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billdean8

11/02/23 2:16 PM

#90022 RE: stervc #89994

A standby letter of credit is based solely on what's offered in the contract meaning it's like insurance that the product will be delivered Ergo no sugar or chicken feet no standby letter of credit standby letter of credit means the bank will ensure the contract get fulfilled if need be