Replies to post #95211 on JP 3E Holdings Inc (JPTE)

[Kool Aid Man]

''A transaction is an exchange of goods, services, or money between two parties. Revenue is the total income generated by a business through its sales or other activities. Profit, on the other hand, is the amount that remains after subtracting expenses from revenue – it represents the financial gain or loss. In summary, a transaction is an individual exchange, revenue is the total income, and profit is the net gain after expenses.'' https://www.quora.com/What-is-the-difference-between-a-transaction-revenue-and-profit

Again, in Q2 Pastor Park said---

"In 2023, Bloxcross successfully completed $135 million in global transactions and therefore reportable as revenues" (but he said he didn't include them in his Q2 as the acquisition didn't happen until Q3 Page 21 Note 7. Subsequent Events https://www.otcmarkets.com/otcapi/company/financial-report/409686/content ). He called them "transactions" but led investors to believe they would constitute "revenues as described above going forward? Based on what?

Why the change?

A scam to get the shell risk warning removed which he hoped would ignite a big run?

A ploy to dupe an unnamed bank --possibly one overseas-- into granting that giant ''long term loan'' which has to be repaid?

ALSO....

In Q3 Park listed Bloxcross as an asset valued at $25.3 million. But if SPZI only owns 51% of it then that means Blox is valued at over 50 MILLION.


As reported Q3 seems to imply that SPZI financed the purchase of goods whose costs they deducted after they sold them thus generating several million in net profits before other expenses. I'd like to see the proof.