coccyx
17 hours ago
Wow, the desperation is astounding.
Kool Aid Man and I-Glow, you’re both throwing out BS takes without understanding how Bloxcross operates or how SPZI reports its numbers. I'm sure it was intentional.
First, Bloxcross generates revenue by facilitating global transactions as an intermediary. They don’t ship goods, so asking for a Bill of Lading is irrelevant. Their revenue comes from logistics and settlement management, which is clearly reflected in the numbers.
Second, SPZI owns 51% of Bloxcross. That means they consolidate 100% of its revenue under standard accounting rules. The minority interest is adjusted at net income, not revenue. Claiming the revenue should be halved proves you don’t understand consolidation accounting.
Third, the Q3 numbers are obvious. Bloxcross wasn’t included in Q2 because the acquisition closed in late July. Of course, their numbers only show up in Q3. Comparing Q2 and Q3 without acknowledging this is either dishonest or ignorant.
Lastly, taxes are paid on net income, not gross revenue. Everything is disclosed properly under OTC standards. Baseless accusations about tax evasion or fake numbers are just desperation at this point.
You’re not exposing anything. You’re just proving you have no clue how this business or financial reporting works.
Seriously, move on. You’ve been beating this dead horse for months.
I-Glow
2 days ago
Great research as always - thanks. Have you noticed the timing on Park's acquisitions and shipping. That is interesting about the transactions being reported as revenue.
In 2023 Visa $267 billion transactions - but the revenue for Visa in 2023 was $32.653B or about 12% of the transactions. That would make using the $112 million in revenue actually be $13,440,000. But the COGS were $97,775,291. Thanks for bringing light into the darkness of Spooz.
This is the for chicken feet:
"SPZI: $53.4 Million Fully Executed Commodity Contract Closed
Press Release | 12/26/2023
JP Energy Global, a wholly owned subsidiary of JP 3E Holdings, Inc., formerly Spooz Inc., successfully closed a $53.4 million commodity contract, product shipment process commenced"
"SPZI: JP3E announces First Shipment of Chicken Paws to China
Press Release | 10/01/2024
NEW YORK, Oct. 01, 2024 (GLOBE NEWSWIRE) -- JP 3E Holdings, Inc. (OTC: SPZI), through its wholly owned subsidiary, JP Energy Global, PTE, LTD, is excited to announce the evolution in its February 2024 commodity contract for Grade A Chicken Paws... The first shipment has been loaded and departed in September 2024, for Grade A Chicken Paws to China."
This was announced on December 26, 2023 but didnt ship until September 2024. But there wasn't any revenue reported in the Q3 for tye $53.4 million commodities contract.
IG
Kool Aid Man
2 days ago
The last page of Q2 reads In 2023, Bloxcross successfully completed $135 million in global transactions and therefore reportable as revenues. However, those revenues and other results of Bloxcross operations are not included in these financial statements since the acquisition was completed after the end of the quarter. So there you have it. SPZI is counting "transactions" as "revenues."
Also, Park would have people believe that SPZI generated almost as much ''revenue" in Q3 as Bloxcross did in all of 2023. So let's say Bloxcross is on track to generate $150 million/yr in non-Spooz. Is all that rolled into the revenue/transactions Park reports? FURTHERMORE, if SPZI owns 51% of Bloxcross then that $109 million in Q3 revenue generated by them needs to be cut in half!
Then consider this---
In Q1 Park reported ZERO revenue. In Q2 he reported $1,825,526 (from what pray tell?). Then on the last page of Q3 Park says "The increase in revenue of $108,970,023 as of September 30, 2024 is from Bloxcross, Inc"
So Park reports total Q3 revenue as being $112,194,760 of which $110,795,549 were the result of "transactions" by Bloxcross. Subtract the two and you'll see Park's portion of Q3 revenues is supposedly >>$1,399,211<< ...that's $426,315 (-23.35%) LESS than he reported he generated in Q2. Again...from what?
coccyx
2 days ago
Still holdin all
$SPZI is showing some interesting signs despite its downtrend.
The price is consolidating near a potential support zone in the 0.0025–0.0040 range.
MACD is forming a bullish divergence, with higher lows on the indicator while the price stabilizes, hinting at a possible shift in momentum.
RSI is hovering near oversold territory, suggesting the stock could be undervalued at these levels.
Volume has shown occasional spikes but remains inconsistent, so a breakout with strong volume would be key to confirming a reversal.
For now, the stock is trading below key moving averages, keeping it in bearish territory. I'm still accumulating.
That said, this could be an exciting setup for those watching for a speculative bounce or reversal. Keep an eye on the downward trendline—breaking it with volume could spark a new move.
2025 is gonna be great here. Good luck!
gshores
2 days ago
I think most are still here, just no sense in posting on this board. A few probably sold to chase others, but they will be back. Nothing has changed here, just the waiting game. We will have our day, week and month, just wait it out, play some other tickers, this one by far has the most potential, imo
Kool Aid Man
2 days ago
How about a "toxic CHARITABLE DONATION" scam? Does anyone seriously believe an unrelated medical charity simply gave this POS nearly $1 million in cash since 2022 to "fund operations" with no strings attached? And then the auditor reports it "exists as a benefactor for the Company through the ownership of stock via common shares purchased from third parties"???
Where's the proof ESC purchased of these shares ...when they did it... from who... at what price... and have they sold them? (Q3 2024) Note 5. Related Party
Transactions Epidemiologic Solutions Corporation (ESC), a 501 C (3) charity has made donations totaling $714,463 and $71,116 as of September 30, 2024 and December 31, 2023, respectively. The capital contributions were to assist the Company with operating capital. There were no amounts paid to any Officers or Directors of the Company. ESC has no relationship to the Company and exists as a benefactor for the Company through the ownership of stock via common shares purchased from third parties. (Last page https://www.otcmarkets.com/otcapi/company/financial-report/417481/content ) Here's an example of the BS spin Randall Goulding's brother Richard published in 2021 as Chairman of GRPS... another recipient of ESC donations--ESC, a public charity, has provided funding to Gold River, given the public benefit factors of its activities. We welcome any donations to our associated charity: Epidemiologic Solutions Corporation (ESC), which can be done by visiting this website: http://epidemiologicsolutions.com/
Contributions are tax-deductible in accordance with the provisions of Internal Revenue Code Sections 26 U.S. Code §170 and §501©(3). We also welcome suggestions.
DISCLAIMER: Epidemiologic Solutions Corporation seeks donations. Payments to ESC do not constitute an investment; there is no quid pro quo. By making a donation, one does not receive any kind of equity or non equity benefit that specifically accrues to the donor. Instead, we only hope that you and others will help to make the world a better place.
CONTACT:
Epidemiologic Solutions Corporation
http://epidemiologicsolutions.com/ (Website defunct)
info@EpidemiologicSolutions.com
Twitter: @escscientific (No activity, 8 followers)
https://finance.yahoo.com/news/gold-river-productions-grps-announces-142000227.html
Here's another example tying ESC and GRPS with another Richard Goulding infected ticker HALB Richard Goulding, M.D., Chairman of the Board of Gold River Productions (GRPS) has some further input...While we have discounted the product to the charitable foundation, this still represents income to the Company and allows us an incredible opportunity to have actual product created and available for sale. But even more important is what Epidemiologic Solutions is able to do for our veterans. With the implementation of PainplexTM this not only launches our nutraceutical products line, but allows us to help fund Epidemiologic Solutions in perpetuity with a percentage of our sales proceeds going back to the charity. In essence, this launches the catalyst to continue our efforts to support veterans as they deserve to be supported.... This collaboration with ESC is an amazing endeavor.... (The same ESC disclaimer follows) https://finance.yahoo.com/news/epidemiologic-solutions-corporation-esc-irs-132100911.html Again..this stinks to the high heavens as previously reported. Randall Goulding is a lawyer and convicted fraudster so it's not a stretch to suspect a charity was created to somehow enrich members of his family. I have no proof of this but the dots seem to connect ESC with tickers (SPZI, GRPS, HALB and BIEI) involving members of that family. Also common to all are consultant/ accountant William Tynan and attorney Gary Blum.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175418469
I-Glow
2 days ago
Park busted once again for lying to investors. This is odd from the creative mind of Park.
"SPZI: JP3E Commenced Initial Shipment for Sugar Commodity Contract
Press Release | 11/21/2024
SOMERSET, N.J., Nov. 21, 2024 (GLOBE NEWSWIRE) -- JP 3E Holdings, Inc. (OTC: SPZI), through its wholly owned subsidiary, JP Energy Global, PTE, LTD, per contract, successfully shipped 300 metric tons of ICUMSA 45 Sugar to the purchaser. This initial sugar delivery triggers the allocation of the full year of sugar deliveries."
But the initial pumping press release was:
"CLEARWATER, Fla., Feb. 05, 2024 (GLOBE NEWSWIRE) -- JP Energy Global, PTE, LTD, a wholly owned subsidiary of JP 3E Holdings, Inc., formerly Spooz, Inc. (OTC Pink: SPZI), is pleased to announce the execution of a sugar commodity contract valued at $617,500,000 for ICUMSA 45 Sugar. The contract is $47,500,000 per month for the next 12 months, which totals $570,000,000 for the year. The additional trial shipment brings the yearly total to $617,500,000 for the total contract value."
It only took 9 months for the initial shipment.
So the initial delivery is supposed to be valued at $47,500,000.
But there is a caveat - "JP 3E Holdings, Inc. (OTC: SPZI), through its wholly owned subsidiary, JP Energy Global, PTE, LTD, per contract, successfully shipped 300 metric tons of ICUMSA 45 Sugar to the purchaser."
According to current market data, the cost of 300 metric tons of ICUMSA 45 sugar would likely range between $90,000 and $120,000, with the price per metric ton typically falling between $300 and $400.
So using an average of $350 per metric ton - 300 metric tons X $350 per metric ton = $105,000.
Park understands the true believers will believe everything he puts in a press release.
To get to $47,500,000 that would be 135,714 metric tons of 45 Sugar.
IG
I-Glow
3 days ago
Liggett & Webb, P.A. are a pump and dump auditor.
"Key investor in $100 million NJ deli has a history of legal problems, ties to criminals
Hometown's auditors, Liggett & Webb, were censured and fined in August by the Public Company Accounting Oversight Board. One of the accountants from that firm, James Liggett, was barred from being associated with a registered public accounting firm, because of conduct unrelated to Hometown...
Coker's Hong Kong-based son, Peter Coker Jr., is chairman of Hometown International, whose Your Hometown Deli in Paulsboro, New Jersey, had sales of only about $35,000 in the past two years combined.
Despite those meager sales, Hometown International had nearly 8 million common shares of stock outstanding. On Monday, shares of the company rose 0.15% to $13.01."
So many investors don't understand what a OTC audit means - the company is responsible to providing the company financials to the Auditor and they sign off on the Balance Sheet Balances.
IG
I-Glow
3 days ago
You are wasting your life pumping an obvious scam. Now you are underwater and begging Park to throw you a bone.
Forum pumpers are the bottom. Feeders of the OTC.
If you believe the Park created press releases are true then you aren't very bright.
Let's see you are pumping RDAR, ASII, GVTH BLLB, MONI, KATX, MDCE...
Damn, you really easily duped by the OTC scammers.
IG
Kool Aid Man
3 days ago
OTC managements never lie...until they do. As Surfcast reported-- Washington D.C., Sept. 26, 2022 —
The Securities and Exchange Commission today charged Peter L. Coker Sr., Peter L. Coker Jr., and James T. Patten for their roles in orchestrating fraudulent manipulative securities trading schemes. These schemes included artificially inflating the share price of Hometown International, which operated a New Jersey deli producing less than $40,000 in annual revenue, from approximately $1 per share in October 2019 to nearly $14 per share by April 2021, leading to a grossly inflated market capitalization of $100 million... https://www.sec.gov/newsroom/press-releases/2022-172 SEC's 30 page complaint. https://www.sec.gov/files/litigation/complaints/2022/comp-pr2022-172.pdf
They even have a Wikipedia page--
https://en.wikipedia.org/wiki/Hometown_International
They claimed their financials were AUDITED We have audited the accompanying consolidated balance sheets of Hometown International, Inc...(page F1 https://www.sec.gov/Archives/edgar/data/1632081/000121390021018020/f10k2020_hometowninter.htm
HWIN stock ---.000001
https://www.otcmarkets.com/stock/HWIN/overview
and...
I ll be back
3 days ago
Mr. G, on this we can agree.
unless they had an agenda
It is always intriguing to observe when someone who has been deceived attempts to mislead others, despite the clear evidence presented by the supporting documents. To date, I have not seen a single document that contradicts the supporting documents, which would confirm the lack of price support in this stock.
I have had the honor of working with authorities on three occasions where CEOs were jailed for whistleblowing on their fraudulent activities that took investors' hard-earned money. In every case, there were chat board posters who spent years supporting the stocks, only to later learn how management had lied to them. In every example, they eventually turned on management and couldn't believe they didn't see the signs earlier. Funny how greed works!
Yes, some "knowledgeable" investors do have an "agenda". It's called, looking out for their fellow man.