Mr Smith 34
2 hours ago
"Finally started to bear fruit" in September 2024? What about all those signed and shipped contracts in January, February, March..... 2024?
NEW YORK, Sept. 30, 2024
JP 3E Holdings, Inc. (OTC: SPZI), formerly Spooz, Inc., has achieved another major milestone by completing its second shipment of Aluminum Ingot (A7) through its innovative Trade Finance platform in collaboration with Bloxcross. John K. Park, Chairman of JP3E, emphasized the significance of this milestone, stating, βThe extensive travel, hard work, and countless meetings have finally started to bear fruit
Kool Aid Man
3 hours ago
IMO..Park's latest PR is designed to blunt the reaction when his 2024 annual report drops. It's due on Saturday (90 days after end of fiscal year)..possibly the next business day (Monday the 31st).
As I read the following PR, Datang is the latest in his list of partners whom he claims will finance his insanely huge "fully executed contracts" --ones that have apparently never been independently verified and proven as having being shipped. Example---
In Feb 2024 he was boasting As previously announced, a Documentary Letter of Credit (DLC) and performance bond were granted to JP 3E Holdings, Inc., thus enabling unique contracts through KEB Hana Bank Singapore (KEB HBS). With its dedicated trade team, KEB HBS has the unique capacity to facilitate these transactions worldwide having the ability to facilitate transactions with China. The performance bond coupled with the documentary letter of credit ensures the payment to JP Energy Global, PTE, LTD. In this case, the product, Grade A Chicken Paws, was acquired by JP Energy Global, from Brazil, and then sold to China, as set forth above. https://www.otcmarkets.com/stock/SPZI/news/SPZI-JP-Energy-Global-Sets-Shipping-Dates-of-Chicken-Paws---182000000-Revenues-upon-Shipment?id=430012 If Park is such a highly skilled, honest businessman then why isn't KEB Hana Bank financing all his deals (if any)? Providing verifiable proof of shipments should be the easiest thing in the world. JP3E Holdings Inc establishes Datang International Trading Co. Ltd as Joint Venture in South Korea with China Datang Holdings Group Corp. Ltd, Acquiring JP3E Preferred Shares, Providing Funding to Facilitate $2,800,000,000 in Copper and Gold Sales,
https://www.globenewswire.com/news-release/2025/03/20/3046353/0/en/JP3E-Holdings-Inc-establishes-Datang-International-Trading-Co-Ltd-as-Joint-Venture-in-South-Korea-with-China-Datang-Holdings-Group-Corp-Ltd-Acquiring-JP3E-Preferred-Shares-Providin.html
shotsky
2 days ago
Ordinarily, I would not respond to a basher. But this time, you have actually shown your ignorance, so I shall school you.
Of course people will dump after this RS. They almost always do. But that's not the point. In the pinks, it is almost always about reducing the OS so they can sell more shares and repeat the RS. That kills longs. That is not what is happening here. This is a business move that apparently you don't understand. As I stated, this RS is about making the business viable, not selling shares. There is nothing to worry about in this case, as the AS will probably be dropped to 1B or less in the overall process. Their goal is to get the stock price over $4 and go onto Nasdaq.
Here, we have a profitable private company that wants to be public in the US stock market. Nasdaq. Just as J Park did 15 months ago, they have taken control of JP3E (yet to be official, but they do have their new CUISP) by getting all the control shares. JP will remain CEO, but he is no longer the owner of the control shares, OR the company.
The new owner is already profitable. The new owner has its own businesses. Those businesses happen to dovetail with what JP3E is doing. Except they have profit. AND, he has the experience to maintain the business, with his US experience. This is a metamorphosis of two companies that become one powerful company.
I bought 1 M shares today and have 2.5M more on order for tomorrow, bringing my total to over 50M shares, which will be divided by 15 soon. But, the remaining shares will eventually be worth $4...or more. That would be $13M. How are yours looking? Oh, right you don't have any. You just talk shit.
How many do you have? Never mind. I know it is zero. Tough for you since you could actually have made book here. I will. You won't.
Kool Aid Man
2 days ago
So no one will dump after the reverse/split? You honestly think most people will not only NOT sell but buy even more of this turd at 15x today's price?
Pumpers repeatedly blasted anyone who even hinted that a R/S was inevitable. And I repeatedly said "reverse splits never happen..until they do!" Well if Pastor Park makes good on yesterday's PR one will happen "in the coming days."
This turd will never make it to NASDAQ. I doubt it will ever move up to OTCQB. Nor will there be any "share buy back." These people aren't in the business of buying shares when they can simply print them.
You don't understand the selling? There's a 15 for 1 reverse split (15 for 1 would be a FORWARD split. A 1:15= a 1 share for every 15 R/S) coming. This one is for positioning for Nasdaq, but many don't understand that there are business reasons to do it. SPZI is not in the business of selling shares and reverse splitting, rinse and repeat as most companies in the pinks do.
JP3E inherited that bloated OS when they took it over 15 months ago. Traders today ran scared. Helped me get another mil...
As I said earlier - you aren't going to get 7 billion OS to $4 any time soon. After the split it will be closer to 550M shares in the OS. And getting those to $4 will be a market cap of $2.2 B as it is.
And, since we know there will be profit, and lots of it, they will announce a share buyback at some point. That will further reduce the OS. The lower it gets, the higher the price will be.
shotsky
2 days ago
You don't understand the selling? There's a 15 for 1 reverse split coming. This one is for positioning for Nasdaq, but many don't understand that there are business reasons to do it. SPZI is not in the business of selling shares and reverse splitting, rinse and repeat as most companies in the pinks do.
JP3E inherited that bloated OS when they took it over 15 months ago.
Traders today ran scared. Helped me get another mil...
As I said earlier - you aren't going to get 7 billion OS to $4 any time soon. After the split it will be closer to 550M shares in the OS. And getting those to $4 will be a market cap of $2.2 B as it is.
And, since we know there will be profit, and lots of it, they will announce a share buyback at some point. That will further reduce the OS. The lower it gets, the higher the price will be.
Kool Aid Man
2 days ago
Happens every time Park posts "yuuge news." Today, for the first time ever, he posted 13 year old propaganda as "research." IMO it's anything but research
a/o 3:50pm
Buy: 19,370,992
Neutral: 32,573
Sell: 18,192,467