If You Invested in Spooz (SPZI)

JP 3E Holdings, Inc. (OTC: SPZI), formerly known as Spooz, Inc., is described in company news releases as a provider of financial and commodity trading solutions. The company focuses on global commodity transactions and on applying blockchain-based trade finance technology to support these activities. According to multiple press releases, JP 3E Holdings positions itself as active in global commodity markets while also pursuing technology-driven platforms that support trade execution and financing.

Business focus and commodity trading activities

Company disclosures state that JP 3E Holdings operates through contracts for commodities such as aluminum ingots, Grade A chicken paws, sugar, gold, copper cathodes, coal and other resources. Several news releases describe completed or initial shipments of aluminum, chicken paws and sugar, as well as preparations for gold shipments under longer-term contracts. These activities are conducted through subsidiaries, including JP Energy Global, PTE, LTD, which is noted as handling food-related exports such as chicken paws and sugar.

In addition to food commodities, JP 3E communications reference agreements and partnerships aimed at sourcing and exporting minerals and precious metals, including rare earths, copper, zinc and cobalt from the African continent to global buyers. Company statements also describe a business model that involves matching buyers and suppliers and then using trade finance platforms to facilitate secure shipment, payment and contract completion.

Technology and trade finance platforms

Press releases highlight JP 3E’s use of blockchain-based trade finance platforms. The company reports that it acquired Bloxcross, Inc., which it describes as a digital assets innovation company specializing in blockchain-driven solutions for global trade and cross-border payments. The Bloxcross trade finance platform is repeatedly cited as supporting JP 3E’s commodity shipments by enabling faster and more efficient transactions, enhancing transparency in trade finance and helping to lock in transaction terms over multiple shipments.

In later disclosures, JP 3E also reports the planned acquisition of MetaRock, Inc., described as operating a decentralized metaverse network service and a patented trade platform. Company news states that MetaRock’s technology is intended to assure transaction finalization using blockchain-based configurations and smart contract-like mechanisms. According to these releases, MetaRock’s technology is designed to support risk-managed commodity transactions by helping ensure that payment and delivery conditions are met.

Corporate developments and name/ticker transition

Multiple news items state that JP 3E Holdings, Inc. is the successor to Spooz, Inc. and that the stock trades on the OTC market under the symbol SPZI during the transition period. A later press release reports that corporate actions were confirmed by FINRA, with a temporary symbol SPZID for a limited period and a planned new ticker symbol JPTE, along with a new CUSIP number. These communications indicate a broader rebranding effort, including a name change and symbol change, as part of the company’s corporate evolution.

Company announcements also describe efforts to remove a prior "shell risk" designation on OTC Markets through business combinations and acquisitions, and to become a fully reporting entity. News releases reference completed audited financial statements for earlier years, a Form 10 registration statement process, and preparation of a Form 15c2-11 submission. The company has also discussed plans related to uplisting within the OTC market structure, subject to regulatory and listing requirements.

Partnerships and joint ventures

JP 3E’s news flow emphasizes partnerships that support trade financing and commodity sourcing. One release describes the establishment of Datang International Trading Co., Ltd in South Korea as a joint venture between China Datang Holdings Group Corp. Ltd and JP 3E, with Datang acquiring preferred shares of JP 3E to provide trade financing and funding. According to that announcement, this structure is intended to facilitate existing contracts for the purchase of gold and copper cathodes and to support additional contracts, including potential liquefied natural gas (LNG) trading.

Another release describes a memorandum of understanding and joint venture structure with Kerogen Resources, LLC, through Kerogen Resources II, LLC, for the development of unconventional onshore U.S. shale assets. Company communications state that a substantial cash commitment is associated with this arrangement, with a portion of sales proceeds expected to accrue to JP 3E. These activities are described as being processed through JP 3E’s trade finance solutions developed with Bloxcross.

Subsidiaries and related entities

From the available news, several entities are associated with JP 3E Holdings’ operations:

• JP Energy Global, PTE, LTD – described as a wholly owned subsidiary that executes commodity contracts, including shipments of chicken paws and sugar. It is noted as being registered with the Overseas Exporters of Imported Foods with China’s General Administration of Customs for food exports into China.
• Bloxcross, Inc. – identified as a digital assets and financial technology company acquired by JP 3E. It provides a blockchain-based global trade and trade finance platform used to negotiate, fund and record commodity transactions.
• MetaRock, Inc. – described as a wholly owned subsidiary following acquisition, operating a decentralized metaverse network service and a patented trade platform that uses blockchain configurations to secure transaction completion.
• MetaRock Games International – mentioned as a subsidiary of MetaRock, incorporated in Wyoming, involved in operating proprietary gaming business.

Metaverse and decentralized trade technology

Company news about MetaRock describes a decentralized metaverse network service designed to lock in parties to a transaction using blockchain technology. The platform is presented as enabling risk-managed transaction finalization, with payment to the seller and delivery of goods to the buyer structured to avoid mismatches. It is also described as supporting games, virtual reality (VR), artificial intelligence (AI), entertainment and e-commerce, and allowing users to configure a personalized metaverse platform via a metaverse network service called DotCube Protocol.

According to these disclosures, MetaRock’s technology is protected by a portfolio of patents and is intended to support transcontinental transactions. The company states that MetaRock has contracts with more than 30 multinational companies, and that its trade platform is considered by JP 3E to be a key element for closing commodity transactions by providing transaction completion assurance.

Geographic scope and trade flows

Press releases describe trade flows involving multiple regions. For example, JP 3E reports sugar shipments originating in Brazil and destined for Turkey, and chicken paw shipments sourced from Brazil and shipped to China. The company also references partnerships to source minerals and precious metals from African countries for sale to global buyers, including a trial gold shipment to a metals processor in South Korea. These communications highlight the cross-border nature of JP 3E’s commodity trading and the use of trade finance platforms to manage the financial and logistical aspects of these transactions.

Regulatory and reporting pathway

Several news items outline JP 3E’s intention to become a fully reporting company under U.S. securities regulations. The company reports having completed audited financial statements for prior years and working with legal counsel on a Form 10 registration statement under the Securities Exchange Act of 1934. It also notes preparation of a Form 15c2-11 submission to support market making and disclosure standards. These steps are described as part of a broader plan to enhance transparency and pursue higher-tier trading venues within the OTC framework.

Status of SPZI ticker

Based on the provided news, SPZI represents the historical and transitional ticker symbol for JP 3E Holdings, Inc., formerly Spooz, Inc. Later communications indicate that corporate actions were completed to change the company name and symbol, with a temporary symbol SPZID and a planned new symbol JPTE. Investors researching SPZI are therefore viewing the historical and transitional record of a company that has undergone rebranding and corporate restructuring, with subsequent trading expected under a different ticker symbol as described in the company’s press releases.

FAQs about JP 3E Holdings, Inc. (SPZI)