Scorpex, Inc., Substantially all assets entered into an agreement to acquire JPX Global, Inc. (OTCBB:JPEX) in a reverse merger transaction on February 15, 2013. JPX Global, Inc will issue 103.25 million common shares and 5 million shares of Series A preferred stock to the shareholders of Scorpex. The Scorpex Board of Directors approved the sale of all of its assets to JPX Global. Pacific Stock Transfer Company acted as transfer agent to JPX Global, Inc.

Scorpex, Inc., Substantially all assets cancelled the acquisition of JPX Global, Inc. (OTCBB:JPEX) in a reverse merger transaction on May 16, 2013. A material condition of the Acquisition, production of audited financial statements, has not been provided by Scorpex and therefore the Acquisition is terminated in accordance with its terms.