Replies to post #96445 on JP 3E Holdings Inc (JPTE)

[surfkast]

Park Indicted?

[Kool Aid Man]

No one believes Park on anything. That's the problem. The other problem is his supposed ownership of all 100 Preferred A shares gives him total voting control.

The only hope for this steaming POS would be a reverse merger with an ethical, transparent new management. Problem is they'll either have to

1) Blow up the AS or invent tons of new preferred shares or--

2) Pull a massive reverse split which will wipe out all old bagholders so they can start fresh

[garygoldbug]

Need yesterday lol....

[shotsky]

I doubt we will see any news for a while. Park is no longer owner- he gave up his preferred shares :
SOMERSET, N.J., March 20, 2025 (GLOBE NEWSWIRE) -- JP 3E Holdings, Inc. (“JP3E”) formerly Spooz, Inc. (OTC: SPZI), a provider of innovative financial and commodity trading solutions, announces that Datang International Trading Co,, Ltd in South Korea is established between China Datang Holdings Group Corp. Ltd and JP3E, by acquiring JP3E Preferred Shares to assume control and to provide Trade Financing and actual Funding.
So, while JP is still CEO, he gave up his ownership.
According to the press release, JP will be in charge of certain aspects of the business - but it is NOT the JP3E that is on their webpage.