JP3E Holdings, Inc., formerly known as Spooz, Inc., has completed its acquisition of MetaRock, Inc. In doing so, this strategic acquisition will help expand the company’s financial and commodity trading solutions to a much deeper extent. The acquisition brings MetaRock’s patented blockchain trade platform under the JP3E umbrella, which improves transaction processes by making them more secure and efficient. JP3E Holdings, Inc. today announced that it has successfully completed its acquisition. Now, going forward, it will trade under the ticker symbol JPTE and utilize the new CUSIP number 84915Q209.
JP3E Holdings, Inc. is easing its capital structure to reduce the number of shares authorized to be issued down to 1,200,000,000 shares. This strategic move comes along with the full acquisition of MetaRock, Inc., which will operate as a wholly-owned subsidiary. MetaRock’s expertise in decentralized metaverse technology combined with their strong portfolio of intellectual property will provide extraordinary value to JP3E, its team and community.”
MetaRock, Inc. became known as the world’s first decentralized metaverse technology with contracts with more than 30-nationwide big corporations. Combined with JP3E Holdings, Inc.’s historical acquisitions, this acquisition provides a large and potent technological edge. It will make them more efficient and will make them more competitive in the marketplace. The addition of MetaRock’s platform fills an essential gap in the market for secure, efficient, and reliable real-asset commodity transactions.
JP3E Holdings, Inc. provides non-traditional finance and full service commodity trading solutions. That’s why the acquisition of MetaRock is welcome news as it adds a key layer to its quality service offerings. The MetaRock Trade Platform is designed to guarantee timely transaction closings for JP3E Holdings, Inc., eliminating ambiguity from the transaction process.
With the MetaRock Trade Platform at its disposal, JP3E Holdings, Inc. is better equipped than ever to lock down commodity transactions. It uses their own blockchain technology to make transactions more secure and efficient. This integration represents an exciting advance in JP3E’s mission to use cutting-edge technology to better serve our clients and communities. The platform's capabilities are expected to drive efficiency and security in the company's trading operations.
JP3E Holdings, Inc. operates under six distinct revenue models: Cube Name Service (CNS), Advertising, Subscription, Development, Kiosk Sales, and Game Operating. These varied revenue streams lead to sustainable growth and clearly build a buffer that helps the company be more resilient in tough market conditions. With MetaRock’s customizable technologies and its global promotion network, revenue models are further strengthened while opening up new avenues for growth.
MetaRock, Inc. comes to the table with an impressive intellectual property portfolio of nine patents. These patents protect a variety of technologies that are sure to bolster JP3E Holdings, Inc.’s competitive advantage. The combination of these patented technologies will advance the creation of newer, more inventive solutions.
John K. Park Chief Executive Officer, Chairman, and President of JP3E Holdings, Inc. His leadership is already having a profound impact on driving future growth and innovation at the company. Park intends to leverage the new innovative technologies acquired with the acquisition of MetaRock. This will allow JP3E to broaden its market outreach and deepen its service offerings.
Former CEO and Chairman of MetaRock, Jong-woo Kim, will be named to the position of President of JP3E Holdings, Inc. We believe his appointment will help ensure a smooth integration of MetaRock’s technologies and expertise. Kim’s deep metaverse tech experience will be an important resource to JP3E.
"Joining the JP3E team is something that we here at MetaRock take great pride in doing as we believe we can greatly contribute to getting the company in a position to meet NASDAQ qualifications and make our unique technologies, the profound success we could only previously imagine." - Kim Jong-woo, CEO and Chairman of MetaRock
JP3E Holdings, Inc. provides a metaverse network service called DotCube Protocol. This service is just one piece of the company’s larger strategy to get involved with emerging technologies and use their innovation to provide impactful solutions. This combination of MetaRock’s technologies will augment the capabilities and reach of The DotCube Protocol.
"Now that we have MetaRock on board, as a wholly-owned subsidiary, we can continue on track with our previously announced growth strategies. Their patented technology is the glue required for transaction consummation." - John K. Park, CEO, Chairman and President of JP3E
JP3E Holdings, Inc. views the acquisition of MetaRock as a complementary and strategic decision. This latest decision places the company at the leading edge of blockchain-enabled trading solutions. At the same time, the commercial company plans to leverage MetaRock’s technology to accelerate internal growth and expand its service offerings. This acquisition represents the next chapter in JP3E’s journey and its dedication to innovation.
The MetaRock Trade Platform is about to radically change JP3E Holdings, Inc. and the way commodity transactions are done forever. It will provide a generally more safe and efficient experience for everyone. This platform is a foundational piece of JP3E’s plan to utilize blockchain technology to improve performance in a more secure way. Integration of this platform, known as a distributed ledger, would ensure tremendous innovations in transaction speed and security.
JP3E Holdings, Inc. has announced that it will be trimming its number of authorized shares. This move underscores their desire to achieve the best possible capital structure and maximize shareholder value. This move is consistent with the company’s overall strategy to position itself for sustainable growth and attract more favorable financial multiples. The decrease in authorized shares is intended to enhance the company’s stock valuation.
JP3E Holdings, Inc. is pleased to announce the successful acquisition of MetaRock. Now, the company is poised to begin plugging MetaRock’s technology into NexGen’s existing operations. Even with the acquisition’s tremendous promise, this integration process will be essential to ensure all its potential is realized. The company’s primary goal continues to be delivering a smooth transition and realizing the full potential of the combined company’s many synergies.
JP3E Holdings, Inc. is excited about the future and the potential created by its acquisition of MetaRock. The leadership team is confident this transition will unlock tremendous shareholder value. The company’s strategic emphasis on innovation, research and development, and technology is designed to further strengthen its position, with the goal of ensuring long-term success. This change is a critical milestone in JP3E’s acquisition. This innovation brings the firm closer to its objective to lead the fast expansion of the financial and commodity trading solutions.
"smart contracts on steroids." - John K. Park, CEO, Chairman and President of JP3E
