Replies to post #88653 on JP 3E Holdings Inc (JPTE)

[irishintelligence]

Of course you left out the important part.

The shares that John Park will receive as compensation for selling the building are worthless below $0.20 and $0.50 per share. Translation: John Park is supremely confident that the share price will be SIGNIFICANTLY higher from here.

“JP3E acquired 510 Hamilton for $24,000,000 with a $150,000 closing fee – $14,000,000 in the form of 70,000,000 warrants exercisable at $.20 per share, and $10,000,000 in the form of 20,000,000 Series C Preferred Stock at $0.50 per share, convertible into common stock on a one for one basis – 20,000,000 shares of common stock.”

[Kool Aid Man]

Park said "I will also be converting my $100,000 personal loan to common stock at $.02 per share to eliminate such JP3E debt.”

Where's the proof that he personally loaned SPZI $100K?

$100k divided by .02= 5 million shares. There are only 89,497 left in the A/S to issue. That means the A/S will have to be increased a minimum of 4,910,503 just to cover that nut.

5 million shares x .0063= $31,500 TODAY.

No restriction on his selling.

Watch SOS filings for the increase and change of CEO https://esos.nv.gov/EntitySearch/OnlineEntitySearch