SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
Pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934
Date of Report (Date of earliest event reported):
December 31, 2012
JPX GLOBAL, INC.
(Exact Name of Registrant as Specified in Charter)
|(State of Other Jurisdiction
|9864 E Grand River, Ste 110-301,
|(Address of Principal Executive Offices)
Registrant’s telephone number, including
area code: (310) 891-1838
Jasper Explorations, Inc.
(Former Name or Former Address, if Changed Since
Check the appropriate box below if the Form 8-k filing is intended
to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under
the Exchange Act
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under
the Exchange Act
Item 5.02 Departure of Directors
or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On December 31, 2012, Robert
Denman resigned from the Board and as an officer of the Company. Mr. Denman has been the sole member of the Board and the Company’s
Chief Executive Officer, President, and Secretary since the Company’s inception on December 18, 2008.
Also on December 31, 2012, James P. Foran
was appointed to the Board. Mr. Foran was also appointed as the Company’s President, Chief Executive Officer, and
Secretary. A summary of the background and business experience of Mr. Foran is as follows:
James P. Foran.
In addition to his service as the Chief Executive Officer and Director of the Company, Mr. Foran, age 53, is a director
and the Chief Executive Officer for Continental Industrial Services since 1999, a company that specializes in mechanical installation
and maintenance of water and waste treatment facilities. Mr. Foran is also the Senior Project Manager for the Detroit Incinerator
Rehabilitation since November 2010, renovation of one of the world’s largest incineration complex’s. Mr. Foran has
more than twenty years of experience at managing personnel and projects in the Heavy Civil Engineering Construction field. His
involvement has included a diverse background in multiple management areas: establishing budgets, schedules, project management,
mechanical process, monitoring and coordination, and extensive personnel management experience. He has experience in the design
and construction of industrial facilities and processes for chemical and municipal customers. Mr. Foran has a Juris Doctorate
degree from the University of Detroit School of Law, and a Bachelor's degree in English Literature and Communications. Mr. Foran
is currently licensed to practice law in Michigan..
Item 5.03 Amendments to Articles of Incorporation or Bylaws:
Change in Fiscal Year.
On January 3, 2013, the Board
and holders of a majority of the voting rights of the outstanding capital stock of JPX Global, Inc. (the
“Company”) approved a restatement of the Company’s Articles of Incorporation. The purpose of
the restatement of the Articles of Incorporation was to;
a class of Preferred Stock and authorize 40,000,000 shares, and increase the
number of authorized shares of Common Stock to 500,000,000.
to the Board the responsibility to define with respect to the Preferred Stock , the powers, preferences, rights, and
the name of the Company from “Jasper Explorations,
Inc.” to “JPX Global, Inc.”.
Also on January 3, 2013, the
Company amended and restated its Bylaws, providing for a change in the Company’s name from “Jasper Explorations,
Inc.” to “JPX Global, Inc.” The amended and restated Bylaws of the Company are attached
as an Exhibit to this Current Report.
Item 9.01 Financial Statements and Exhibits.
and Restated Articles of Incorporation of JPX Global, Inc.
and Restated Bylaws of JPX Global, Inc.
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
||JPX Global, Inc.|
|Date: January 9, 2013
||/s/ James P. Foran|
||James P. Foran|
Chief Executive Officer