SPZI: JP 3E Completes Second Aluminum Shipment with Bloxcross Trade Finance Platform, 1500 MT Shipped to Date

Rhea-AI Summary

JP 3E Holdings, Inc. (OTC: SPZI) has completed its second shipment of 1,000 metric tons (MT) of Aluminum Ingot (A7) using the Bloxcross Trade Finance platform. This follows an initial 500MT shipment, bringing the total shipped to 1,500MT. The company is capitalizing on the growing global demand for aluminum. The Bloxcross platform streamlines global trade transactions, making them faster and more efficient. JP 3E anticipates more successful global commodity transactions in the future.

John K. Park, Chairman of JP3E, expressed gratitude for the team's efforts. Diego Baez, CEO of Bloxcross and incoming CEO of JP3E, announced upcoming shipments of other products. The company is leveraging innovative blockchain technology to facilitate seamless global trade.

Positive

• Completed second shipment of 1,000 MT of Aluminum Ingot (A7)
• Total of 1,500 MT of aluminum shipped to date
• Capitalizing on growing global demand for aluminum
• Successful implementation of Bloxcross Trade Finance platform
• Anticipation of more successful global commodity transactions

Negative

• None.

NEW YORK, Sept. 30, 2024 (GLOBE NEWSWIRE) -- 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. This latest shipment of 1,000 metric tons (MT) follows an initial shipment of 500MT, bringing the total shipped to date to 1,500MT.

As global demand for aluminum continues to soar JP 3E is well positioned to capitalize on this growth. This transaction highlights the success of Bloxcross’ newly launched Trade Finance platform, which streamlines global trade transactions, making them faster and more efficient while boosting the likelihood of successful deal closures. JP 3E anticipates many more successful global commodity transactions continuing to drive growth and efficiency in the global trade landscape.

John K. Park, Chairman of JP3E, emphasized the significance of this milestone, stating, “The extensive travel, hard work, and countless meetings have finally started to bear fruit. I am grateful for the tireless efforts of our entire team, whose creativity and dedication have been truly remarkable. This success would not have been possible without the collective contributions of everyone involved.”

Diego Baez, CEO of Bloxcross and the incoming CEO of JP3E, added, “This has truly been a collaborative effort, and we are excited to announce upcoming shipments of other products, some of which are already en route.”

This next wave showcases how seamless global trade can be when leveraging the power of innovative blockchain technology.

To receive information on JP3E, sign up for email news alerts at https://www.jp3e.com/subscription.

For additional information on the Global Trade Financing Platform via Bloxcross, Inc., reach out to sgallegos@bloxcross.com.

About JP 3E Holdings, Inc.

JP3E is a global leader in commodity trading, known for its innovative approach to optimizing trade processes and solutions across numerous sectors. With a commitment to sustainability and market leadership, JP3E continues to drive new trends and solutions in global commodity markets.

About Bloxcross, Inc.

Bloxcross is at the forefront of financial technology, specializing in blockchain-based solutions for cross-border payments and trade finance. Dedicated to streamlining global financial transactions, Bloxcross provides secure, fast, and cost-effective services to clients worldwide. To learn more about their groundbreaking solutions, visit https://www.blox.global/.

Company Contact:

John K. Park, Chairman

john.park@jp3eholdings.com
732-241-0598 Office
Websites: https://www.jp3e.com/
https://www.jp3eholdings.com/
Twitter: http://www.twitter.com/SpoozInc
Facebook: http://www.Facebook.com/SpoozInc
E-Mail: info@jp3e.com

Safe Harbor Notice

Certain statements contained herein are “forward-looking statements” (as defined in the Private Securities Litigation Reform Act of 1995). The Companies caution that statements, and assumptions made in this news release constitute forward-looking statements and makes no guarantee of future performance. Forward-looking statements are based on estimates and opinions of management at the time statements are made. These statements may address issues that involve significant risks, uncertainties, estimates made by management. Actual results could differ materially from current projections or implied results. The Companies undertake no obligation to revise these statements following the date of this news release.

FAQ

How much aluminum has JP 3E Holdings (SPZI) shipped to date using the Bloxcross platform?

JP 3E Holdings (SPZI) has shipped a total of 1,500 metric tons of Aluminum Ingot (A7) to date using the Bloxcross Trade Finance platform.

What is the significance of JP 3E's (SPZI) recent aluminum shipment?

The recent 1,000 MT aluminum shipment represents a major milestone for JP 3E (SPZI), showcasing the success of their collaboration with Bloxcross and the efficiency of the Trade Finance platform in streamlining global trade transactions.

Who is the incoming CEO of JP 3E Holdings (SPZI)?

Diego Baez, the current CEO of Bloxcross, is the incoming CEO of JP 3E Holdings (SPZI).

What future plans has JP 3E (SPZI) announced regarding commodity shipments?

JP 3E (SPZI) has announced upcoming shipments of other products, with some already en route, showcasing their commitment to expanding their global trade operations using blockchain technology.