Current Report Filing (8-k)
May 16 2013 - 3:55PM
Edgar (US Regulatory)
___________________________________________
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934
Date of Report (Date of earliest event reported):
May 16, 2013
JPX GLOBAL, INC.
(Exact Name of Registrant as Specified in Charter)
Nevada |
000-54793 |
26-2801338 |
(State of Other Jurisdiction of Incorporation) |
(Commission File Number) |
(IRS Employer
Identification No.) |
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9864 E Grand River, Ste 110-301
Brighton, Michigan |
48116 |
(Address of Principal Executive Offices) |
(Zip Code) |
______________________________________________________________________________________________________________________________________________________________________________________________________
(Former Name or Former Address, if Changed Since
Last Report)
Check the appropriate box below if the Form 8-k filing is intended
to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities
Act
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange
Act
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under
the Exchange Act
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under
the Exchange Act
Item 1.02 Termination of a Material Definitive Agreement
On February 15, 2013, JPX Global, Inc. (hereafter,
“Company”) entered into an agreement to acquire all of the outstanding shares of Scorpex, Inc., a Nevada corporation
(hereafter, “Scorpex”), in exchange for 103,250,000 shares of Common Stock and 5,000,000 shares of Series A Preferred
Stock of the Company (such transaction is hereafter referred to as the “Acquisition”). A material condition of the
Acquisition, production of audited financial statements, has not been provided by Scorpex and therefore the Acquisition is terminated
in accordance with its terms. All stock issuances have been rescinded associated with the Acquisition and the total issued and
outstanding stock of the Company is 30,100,000 shares of common stock and 0 shares of preferred stock. No termination penalties
have been incurred by the Company.
SIGNATURES
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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JPX Global, Inc. |
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Date: May 16, 2013 |
By: |
/s/ James P. Foran |
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James P. Foran
Chief Executive Officer |
JPX Global (CE) (USOTC:JPEX)
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