JPX GLOBAL, INC. (OTCMKTS:JPEX) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02 Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers
On May 3, 2017, James P. Foran resigned as an officer and
director of JPX Global, Inc. (the Company) pending the
appointment of Joseph Caywood to replace him as the Companys sole
executive officer and director. A summary of Mr. Caywoods
background and experience is as follows:
Joseph Caywood. Mr. Caywood has served as the
Companys Vice-President of Operations since December 2012 and is
the controlling shareholder of the Company. Mr. Caywood has
served as the President of Scorpex, Inc. since May, 2011, where
he has spent several years developing a toxic and hazardous waste
storage, recycling, and disposal site on the perimeter of
Ensenada, Mexico. Mr. Caywoods efforts have included overseeing
construction, land acquisition, site development, permit
applications, governmental relations, and submitting focused
studies and reports by experts in this industry, and is
developing one of the only industrial waste processing facilities
of its kind in Baja Mexico. Mr. Caywood has successfully owned
and operated many businesses since 1989, including a profitable
classic car business.
About JPX GLOBAL, INC. (OTCMKTS:JPEX)
JPX Global, Inc. is a development-stage company. The Company intends to capitalize on opportunities in its integrated waste and waste management service operations, including the receiving, storage, transfer and disposal in an environmental manner. In providing these services, the Company intends to pursue projects and initiatives. The Company’s waste management and collection involves picking up and transporting waste from where it was generated to its planned gasification facilities. It intends to sub-contract its collection services. The Company’s customer base will include commercial, industrial, municipal and residential customers, other waste management companies, electric utilities and governmental entity properties. The Company has not generated any revenue. The Company has no operations. JPX GLOBAL, INC. (OTCMKTS:JPEX) Recent Trading Information
JPX GLOBAL, INC. (OTCMKTS:JPEX) closed its last trading session down -0.00090 at 0.00180 with shares trading hands.
