JP 3E Holdings Inc. (OTC:SPZI) Announces Initial Chicken Paw Shipment to China

Following the key announcement from the company yesterday, the JP 3E Holdings Inc. (OTC:SPZI) stock was in significant focus among investors, and the trend could continue this morning.

JP3E announces the first shipment of chicken paws to China.

The company announced yesterday that through JP Energy Global PTE LTD, its fully owned subsidiary, it had been successful in evolving the commodity contract from February 2024 for Grade A chicken paws. It was also noted that the first shipment loaded with Grade A chicken paws had already departed for China in September 2024. The chicken paws in question had been sourced from Brazil and marked the start of a new stream of revenues for JP 3E Holdings.

The transaction could be possible because of the company’s trade finance platform, which had been recently launched through a partnership with Bloxcross. In the news release, JP 3E Holdings also noted that the transaction also demonstrated the merits of its global trade strategy.

The company went on to state that it streamlined the entire process, and that led to quicker and more efficient execution of trades of the scale. JP 3E Holdings also asserted that there would be many more deals of the nature in the future. It may be a good time for investors to consider adding the stock to their watch lists.

Key Quote

Diego Baez, CEO of Bloxcross, Inc. and CEO of JP 3E, added, “Our global trade financing platform will continue to drive revenue growth for both JP 3E and Bloxcross. By integrating advanced blockchain and AI technologies, we are increasing efficiency, reducing costs, and improving both gross and net profit margins. This seamless digital platform allows us to lock in terms and indelibly record transactions, ensuring a competitive edge in the global trade market.”

Technicals

+/- EMA(20)0.0046 (-8.70%)
+/- SMA(50)0.0051 (-17.65%)
+/- SMA(200)0.0066 (-36.36%)

Ian Leigh

Ian Leigh is a specialist in analyzing stocks, SEC and OTC filings, and financials of public and privately-held companies. He has played a significant role in M&A activity, consulting with publicly-held firms on acquisitions and divestitures. He also consults on valuations and branding. He lectures at major universities and teaches at specialty financial schools.