STOCK TITAN

SPOOZ INC - SPZI STOCK NEWS

Welcome to our dedicated page for SPOOZ news (Ticker: SPZI), a resource for investors and traders seeking the latest updates and insights on SPOOZ stock.

JP 3E Holdings, Inc., formerly known as Spooz, Inc. (SPZI), is a global leader in commodity trading specializing in optimising trade processes across various sectors. The company is committed to sustainability and driving new trends in global commodity markets. Operating under the ethos of supplying essential needs of Eating, Energy, and Education (3E), JP 3E Holdings continues to make significant strides in the industry. With exclusive partnerships and strategic acquisitions like Power Engineering Corporation (PEC), JP 3E Holdings is poised for substantial growth and expansion in the energy sector. The company's ongoing initiatives and strong clientele, including major industry players like Qatar Energy, Shell Oil Company, and Exxon Mobil, position it as a key player in the market. With a focus on innovation and global market leadership, JP 3E Holdings remains at the forefront of the industry, committed to delivering value to its stakeholders.

Rhea-AI Summary
JP Energy Global, PTE, LTD, a wholly owned subsidiary of JP 3E Holdings, Inc. (OTC Pink:SPZI), executed three commodity contracts totaling $36,774,000 for Grade A Chicken Paws. The company also secured a Documentary Letter of Credit and performance bond, enabling unique contracts through KEB Hana Bank Singapore. JP Energy Global is registered with the Overseas Exporters of Imported Foods with the General Administration of China Customs, allowing the company to ship goods into China. The Chairman, John K. Park, announced upcoming sales of chicken paws, a substantial sugar contract, an EB-5 real estate project, and a large LNG project.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
18.75%
Tags
none
-
Rhea-AI Summary
JP Energy Global, PTE, LTD, a wholly owned subsidiary of JP 3E Holdings, Inc. (OTC PINK:SPZI), executed three commodity contracts totaling $36,774,000 for Grade A Chicken Paws. This brings the cumulative contracts total to $90,234,000. The company also announced the execution of a Documentary Letter of Credit and performance bond to facilitate transactions with China, as well as its registration with the Overseas Exporters of Imported Foods with the General Administration of China Customs. The Chairman, John K. Park, mentioned plans for substantial sugar and LNG projects, as well as alternative funding sources under the EB-5 program.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
18.75%
Tags
none
-
Rhea-AI Summary
JP Energy Global, a subsidiary of JP 3E Holdings, Inc. (OTC:SPZI), closed a $53.4 million commodity contract for Grade A Chicken Paws. The buyer confirmed the contract on Dec 15, 2023, and the product shipment process has commenced. JP Energy Global is registered with the General Administration of China Customs for food exports into China.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.45%
Tags
none
Rhea-AI Summary
Spooz, Inc. (SPZI) announces the appointment of a new Chairman and CEO, a Korean businessman with extensive experience in commodities trading and international business. The new CEO aims to build sustainable businesses under the Spooz umbrella, creating value for all shareholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary
Spooz, Inc. (SPZI) acquires key JP Energy assets, vesting control to John K. Park and renaming the company to JP 3E Holdings, Inc. The acquisitions include JP Energy Group and JP Energy Global, securing funding commitments for significant growth in sugar, chicken, LNG, and education sectors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.11%
Tags
-
Rhea-AI Summary
Spooz, Inc. (SPZI) signs Memorandum of Understanding with John K. Park for a leadership transition. Mr. Park to become Chairman and later CEO, with Paul D. Strickland, Jr. remaining as CEO during the transition. New team of officers and directors to be named after transition. Updates to be provided through press releases and social media. New website to be presented during transition.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
400%
Tags
none
Rhea-AI Summary

Spooz, Inc. (OTC: SPZI) announced significant growth for Q1 2022, marking progress since its resurrection in June 2021. The company focused on team building, clarifying its business plan, and establishing corporate infrastructure. Spooz aims to support potential rapid growth and has launched its website, spooz.com. It anticipates becoming profitable by Q2 2022 through three distinct revenue streams. Shareholders can download an updated business plan from the company's website.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-18.52%
Tags
none
-
Rhea-AI Summary

Spooz, Inc. (OTC: SPZI) has launched a new website designed to enhance investor engagement and showcase its innovative hedging and trading technologies. The website, launched on March 7, 2022, details the company's diverse revenue generation plans focused on significant commodity assets and supporting entities. CEO Paul Strickland expressed pride in this achievement, emphasizing its role in informing the public and supporting business growth. The company remains committed to maximizing value through algorithmic solutions in the commodity sector.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-20.69%
Tags
none
-
Rhea-AI Summary

Spooz, Inc. (OTC: SPZI) outlines its strategic plans for revenue generation through global forest acquisitions. The company operates three divisions: Spooz Technologies LLC, focusing on speculative and hedging trading; Spooz Asset Management LLC, participating in carbon sequestration for tax benefits; and Spooz Forestry Management LLC, managing forestry assets to generate carbon credits. CEO Paul Strickland emphasizes negotiations for additional forest asset acquisitions, aiming to enhance corporate profitability through carbon revenue and eco-efficient practices.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
News
Rhea-AI Summary

Spooz, Inc. (OTC:SPZI) has launched Spooz Asset Management LLC as a wholly owned subsidiary, applying to register with the National Futures Association as a Commodity Pool Operator. This strategic move aims to expand revenue streams through carbon offset credits and forestry management services, targeting the growing green energy market projected to reach $6.13 Billion by 2027. CEO Paul Strickland highlighted the company's commitment to environmental initiatives while enhancing profitability for shareholders, allowing smaller investors access to traditionally exclusive investment opportunities.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-12.31%
Tags
none

FAQ

What is the current stock price of SPOOZ (SPZI)?

The current stock price of SPOOZ (SPZI) is $0.0032 as of December 24, 2024.

What is the market cap of SPOOZ (SPZI)?

The market cap of SPOOZ (SPZI) is approximately 23.8M.

What is JP 3E Holdings, Inc. formerly known as?

JP 3E Holdings, Inc. was formerly known as Spooz, Inc.

What are the core values of JP 3E Holdings?

JP 3E Holdings operates under the ethos of supplying essential needs of Eating, Energy, and Education (3E).

Who are some of JP 3E Holdings' key clients?

JP 3E Holdings counts major industry players like Qatar Energy, Shell Oil Company, and Exxon Mobil among its key clients.

What is the strategic focus of JP 3E Holdings?

JP 3E Holdings focuses on innovation, sustainability, and global market leadership in the commodity trading sector.

What strategic acquisitions has JP 3E Holdings made recently?

JP 3E Holdings recently acquired Power Engineering Corporation (PEC) to bolster its position in the energy sector.

How does JP 3E Holdings drive growth and expansion?

JP 3E Holdings leverages exclusive partnerships, strategic acquisitions, and a commitment to innovation to drive growth and expansion.

What sets JP 3E Holdings apart in the industry?

JP 3E Holdings' focus on sustainability, market leadership, and delivering value to stakeholders sets it apart in the industry.

What is the outlook for JP 3E Holdings in the global commodity markets?

JP 3E Holdings is positioned for substantial growth and market leadership in the global commodity markets.

How does JP 3E Holdings approach trade processes?

JP 3E Holdings specialises in optimising trade processes across various sectors and driving new trends in global commodity markets.

What is the vision of JP 3E Holdings for the future?

JP 3E Holdings aims to establish itself as a key player in the industry through innovation, strategic partnerships, and global expansion.

SPOOZ INC

OTC:SPZI

SPZI Rankings

SPZI Stock Data

23.78M
5.80B
0.03%
Software - Application
Technology
United States of America
Chicago