SPZI: JP3E Issues PR Clarification

Rhea-AI Summary

JP3E Holdings (OTC: SPZI), formerly Spooz, has issued a clarification regarding their October 31, 2024 press release. The company states they have no interest in the transaction with Öztürk Holding. JP3E's involvement is strictly to executing EB-5 funding for Kerogen II. The company also provided contact information for their Global Trade Financing Platform through Bloxcross.

Positive

• None.

Negative

• Company disclaims previously announced business transaction with Öztürk Holding

NEW YORK, Nov. 02, 2024 (GLOBE NEWSWIRE) -- JP 3E Holdings, Inc. (“JP3E”), formerly known as Spooz, Inc. (OTC: SPZI), is clarifying the press release issued on October 31, 2024. JP3E has no interest in the transaction with Öztürk Holding, LLC. JP3E is involved with executing EB-5 funding for Kerogen II only. 

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., contact 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 make 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, and 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

What did JP3E Holdings (SPZI) clarify in their November 2, 2024 press release?

JP3E Holdings clarified they have no interest in the transaction with Öztürk Holding and are only involved with executing EB-5 funding for Kerogen II.

What is JP3E Holdings' (SPZI) current involvement with Kerogen II?

JP3E Holdings is solely involved with executing EB-5 funding for Kerogen II.

When did Spooz Inc change its name to JP3E Holdings (SPZI)?

The press release indicates that JP3E Holdings was formerly known as Spooz Inc (SPZI), but the exact date of the name change is not specified in the release.