SEC Comment Letter 0000000000-23-009734 to JPX Global Inc. (CIK 0001506814)
JPX Global Inc. (CIK 0001506814)
Date: Sept. 1, 2023 · CIK: 0001506814 · Accession: 0000000000-23-009734
AI Filing Summary & Sentiment
File numbers found in text: 024-12285
Letter
United States securities and exchange commission logo September 1, 2023 Ambrose Egbuonu Chairman of the Board of Directors JPX Global Inc. 8830 Lyndon B. Johnson Fwy Suite 310 Dallas, Texas 75243 Re:JPX Global Inc. Offering Statement on Form 1-A Filed June 26, 2023 File No. 024-12285 Dear Ambrose Egbuonu: We have reviewed your amended registration statement and have the following comments. In some of our comments, we may ask you to provide us with information so we may better understand your disclosure. Please respond to this letter by amending your registration statement and providing the requested information. If you do not believe our comments apply to your facts and circumstances or do not believe an amendment is appropriate, please tell us why in your response. After reviewing any amendment to your registration statement and the information you provide in response to these comments, we may have additional comments. Unless we note otherwise, our references to prior comments are to comments in our July 20, 2023 letter. Offering Statement on Form 1-A filed August 11, 2023 Cover Page 1.We refer you back to prior comment 2. Please revise the cover page to disclose the voting power held by Kuldip Singh, the Chief Executive Officer. We note that Mr. Singh owns 5 Series A preferred shares which entitles him to maintain at least 60% of the voting interest of the Company and to convert those shares into 2,000,000,000 shares of common stock per Series A preferred share.
FirstName LastNameAmbrose Egbuonu Comapany NameJPX Global Inc. September 1, 2023 Page 2 FirstName LastName Ambrose Egbuonu JPX Global Inc. September 1, 2023 Page 2 Security Ownership of Management and Certain Securityholders, page 32 2.Please refer to our prior comment 9. As previously requested, please revise your beneficial ownership table to include the name of the “CEO/Director” and the addresses of the beneficial owners. Please contact Charli Gibbs-Tabler, Staff Attorney, at 202-551-6388 or Matthew Derby, Legal Branch Chief, at 202-551-3334 with any other questions. Sincerely, Division of Corporation Finance Office of Technology cc: Udo Ekekeulu
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United States securities and exchange commission logo
September 1, 2023
Ambrose Egbuonu
Chairman of the Board of Directors
JPX Global Inc.
8830 Lyndon B. Johnson Fwy
Suite 310
Dallas, Texas 75243
Re:JPX Global Inc.
Offering Statement on Form 1-A
Filed June 26, 2023
File No. 024-12285
Dear Ambrose Egbuonu:
We have reviewed your amended registration statement and have the following
comments. In some of our comments, we may ask you to provide us with information so we
may better understand your disclosure.
Please respond to this letter by amending your registration statement and providing the
requested information. If you do not believe our comments apply to your facts and
circumstances or do not believe an amendment is appropriate, please tell us why in your
response.
After reviewing any amendment to your registration statement and the information you
provide in response to these comments, we may have additional comments. Unless we note
otherwise, our references to prior comments are to comments in our July 20, 2023 letter.
Offering Statement on Form 1-A filed August 11, 2023
Cover Page
1.We refer you back to prior comment 2. Please revise the cover page to disclose the voting
power held by Kuldip Singh, the Chief Executive Officer. We note that Mr. Singh owns 5
Series A preferred shares which entitles him to maintain at least 60% of the voting interest
of the Company and to convert those shares into 2,000,000,000 shares of common stock
per Series A preferred share.
FirstName LastNameAmbrose Egbuonu
Comapany NameJPX Global Inc.
September 1, 2023 Page 2
FirstName LastName
Ambrose Egbuonu
JPX Global Inc.
September 1, 2023
Page 2
Security Ownership of Management and Certain Securityholders, page 32
2.Please refer to our prior comment 9. As previously requested, please revise your beneficial
ownership table to include the name of the “CEO/Director” and the addresses of the
beneficial owners.
Please contact Charli Gibbs-Tabler, Staff Attorney, at 202-551-6388 or Matthew Derby,
Legal Branch Chief, at 202-551-3334 with any other questions.
Sincerely,
Division of Corporation Finance
Office of Technology
cc: Udo Ekekeulu