Replies to post #22791 on JPX Global Inc (JPEX)

[SCC1997]

Frank stands to take some of that raised cash home? At what price is the offering? You posted that:

“It might not be a stretch to wonder if the deal has fallen apart just like Frank's others have”

Tell us if Frank bought the approximate 100,000,000 shares he has on the open market back in 2022? Why are you promoting the idea of Frank taking some of the cash home from the offering while at the same time telling the board the deal has probably fallen apart and if that was the case, Frank would not be taking home any money from offering? What would be Hovendicks belief be in all of this knowing he is probably the guy down the most financially in JPEX just in case you were not aware?

[jufel]

"I'm quite suspicious that there is no news that way they maintain the share price suppressed in order to buy the share offering as low as possible. "



That sounds like just an attempt to justify to yourself why there have been no updates. Frankly, in my opinion that is just silly pumper-type talk with no basis in reality. "

Your assessment fails to mention two important facts found in the 1/A s disclosures 1. MGC' GROSS PROFIT of $1.2 M 2. MGC' ASSETS valued above $200 M, when both statements become consolidated into the JPEX' Q filing and the market realizes about it the SHARE PRICE could easily explode , I believe , above a penny. That's why I believe the SP is being suppressed.

I dont think the merge has not failed, there would ve been a new disclosure related to it, including the cancelation of the share offering. IMO