JPX Global Inc (OTCMKTS: JPEX) is making a powerful run northbound in recent trading on significant volume topping $4 million in dollar volume on Friday alone. The stock is getting noticed by some big players in small caps and at current levels this one has plenty of room to grow. Currently under heavy accumulation JPEX has emerged in recent days as an investor favorite and is looking to blaze a path along the likes of NLST and break out into a whole new dimension – JPEX is looking to breakout over recent highs of $0.0425; a break over and its blue skies ahead for JPEX.
Reverse merger plays can be more explosive than biotech’s when the incoming Company has real value but is undiscovered to investors and many RM stocks, we have covered on this website have gone from pennies to dollars. JPEX is rocketing northbound after the Company announced it consummated the Reverse Merger with VeeMost, an innovative cloud/cybersecurity global solutions and digital transformation services provider with locations in the United States, India, and West Africa. Already going millions in revenue with government contracts VeeMost has recently been the subject of numerous buyout inquires. Management states there will not be any dilution or reverse split from this management team as we have worked hard to grow the company without debt obligations. According to its website Veemost partners include Microsoft, Cisco, Citrix, Vmware, Juniper Networks, Check Point, and Barracude just to name a few.
JPX Global Inc (OTCMKTS: JPEX) operating out of Torrance, California is a clean perfect merger candidate. The company currently has no operations but has plans to merge with an operating business in the cybersecurity solutions, hardware and software licenses, providing various security and networking functions, including firewall, intrusion prevention, anti-malware, virtual private network, application control, web filtering, anti-spam, wide area network acceleration, secure switching solutions and secure wireless networking solutions.
On October 29 the Company consummated an agreement with VeeMost Technologies, LTD in an all-cash transaction, whereby VeeMost purchased a majority control of JPX Global, Inc with VeeMost becoming the surviving Company.
VeeMost is an innovative cloud/cybersecurity global solutions and digital transformation services provider with locations in the United States, India, and West Africa. VeeMost specializes in architecting, deploying, and managing secure digital solutions and platforms for customers to accelerate and enhance business efficiencies for increased profitability. VeeMost’s VeeShield Cloud Security offers an easy, fast, and high-availability cloud-delivered security wherever you need it. VeeShield Cloud Security operates on diverse server farms with Anycast network technology, delivering low latency and high service to organizations and individuals alike. This solution protects users’ internet experience, proactively removing unwanted, illegal, and dangerous contents. Multiple security features are combined into one easily accessible solution, extending protection to all devices, onsite and remote users.
A name change from JPEX Global, Inc to VeeMost Technologies, Inc will be filed with FINRA. The company will be re-domiciled in Delaware at the conclusion of the transaction as it continues to work towards its goal of up-listing to the OTCQB or other more prestigious exchanges, subject to satisfying all relevant listing qualifications for the exchange.
VeeMost is a team of diverse and experienced industry leaders and professionals led by its President and CEO, Mr. Melvin Ejiogu. Mr. Ejiogu has over 25 years of practical experience in the technology industry and holds several top-level certifications in the I.T industry. He is one of the few individuals who have attained the prestigious Cisco Certified Internetwork Expert (CCIE) certification. Melvin served as both the Director of Business Development at Fit Technologies, where he was instrumental to the growing of the company’s annual revenue from $8M to $28M in just a few years.
Microcapdaily first reported on JPEX on April 24, 2019 stating at the time: “JPX Global Inc (OTCMKTS: JPEX) has been on the rise in recent days from a start point of $0.0003 to recent highs of $0.008 per share the stock has transformed into a volume leader on the OTCBB. JPEX is the latest reverse merger play to make spectacular gains in sub penny land as speculators jump on board and bid this one higher. Reverse Merger plays are exciting and account for some of the biggest winners in recent stock market history. “
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Worldwide spending on public cloud services is forecasted at $332.3 billion, up from $270 billion in 2020 representing a 23.1% hike in 2021. To capture a good percentage of the cloud market share, VeeMost plans to launch its own innovative cloud services and solutions by the last quarter of 2022. In addition, VeeMost provides a full lifecycle management for customer’s digital transformation journey to the cloud, from initial consultation and assessment to full migration and management of cloud services.
Cyber security incidents have been ramping up around the world, and the sector’s spending is forecasted to jump to $150.4 billion this year, a gain of 12.4% from last year. VeeMost has strategic alliance with most of the industry-leading security vendors such as Palo Alto Networks, Cisco Systems, Splunk and many more. With its team of security experts, VeeMost provides strategic vision, consulting and planning, implementation services, managed services, and technical services to organizations seeking to curb cyber security threats, remain in compliance and to keep their businesses running. Our 24x7x365 NOC/SOC operation, monitors customer’s networks and security infrastructures, while proactively mitigating issues to ensure our customers are always able to seamlessly transact operations.
In addition to its cloud security services, VeeMost will be launching a cloud security product which will enable us gain further penetration in the security market and provide added value to our stakeholders. VeeShield Cloud Security, to be launched within the next 60 days, is a suite of security products delivered from the Cloud to secure and protect users from malicious contents, malware, categorized url-filtering and much more. VeeShield will be offered in three packages: Pro, Pro+, and Cloud Hybrid Firewall (a next-generation-firewall). In anticipation of this launch VeeMost is also ramping up its sales and marketing efforts.
It is also noteworthy that in 2021, VeeMost launched an innovation Hub Center that focuses on researching and developing new solutions to enhance our partners products and services, in addition to our own innovative products. By having our own products and new solutions, VeeMost is positioned for long-term market penetration success and explosive growth, since our services often provide multi-year and long-term revenue streams with client retention rate of above 98%.
In the past 6 months VeeMost has been the subject of numerous buyout inquires and VeeMost Technologies is committed to increasing value for our shareholders through business expansion and multiple acquisitions. There will not be any dilution or reverse split from this management team as we have worked hard to grow the company without debt obligations.
The whole deal is being shepherded by custodian Alpharidge Capital, LLC a Shareholders’ rights activist, building Shareholders’ Value through Custodianships, Mergers & Acquisitions, and Entrepreneurship Development. With a commitment to empower at-risk youths, women, and black persons in the United States through financial tools and resources, Alpharidge acquires assets, properties and opportunities as redistributes same to its entrepreneurship development participants to create jobs for self, families and friend in a self-sustaining and healthy environment.
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JPEX is making a powerful run northbound in recent trading on significant volume topping $4 million in dollar volume on Friday alone. The stock is getting noticed by some big players in small caps and at current levels this one has plenty of room to grow. Currently under heavy accumulation JPEX has emerged in recent days as an investor favorite and is looking to blaze a path along the likes of NLST and break out into a whole new dimension – JPEX is looking to breakout over recent highs of $0.0425; a break over and its blue skies ahead for JPEX. Reverse merger plays can be more explosive than biotech’s when the incoming Company has real value but is undiscovered to investors and many RM stocks, we have covered on this website have gone from pennies to dollars. JPEX is rocketing northbound after the Company announced it consummated the Reverse Merger with VeeMost, an innovative cloud/cybersecurity global solutions and digital transformation services provider with locations in the United States, India, and West Africa. Already going millions in revenue with government contracts VeeMost has recently been the subject of numerous buyout inquires. Management states there will not be any dilution or reverse split from this management team as we have worked hard to grow the company without debt obligations. According to its website Veemost partners include Microsoft, Cisco, Citrix, Vmware, Juniper Networks, Check Point, and Barracude just to name a few. We will be updating on JPEX when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with JPEX.
Disclosure: we hold no position in JPEX either long or short and we have not been compensated for this article.