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  <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>
  
  <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>
  
  <P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>UNITED STATES</B></P>
  
  <P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>SECURITIES AND EXCHANGE COMMISSION</B></P>
  
  <P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Washington, D.C. 20549</B></P>
  
  <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>______________________</B></P>
  
  <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>
  
  <P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>FORM 10-Q</B></P>
  
  <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>
  
  <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0"><B>[ X ] Quarterly Report Pursuant to Section 13 or 15(d) of the
  Securities Exchange Act of 1934</B></P>
  
  <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>
  
  <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">For the quarterly
  period ended September 30, 2014</FONT></P>
  
  <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>
  
  <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">OR</FONT></P>
  
  <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>
  
  <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0"><B>[ ] Transition Report Pursuant to Section 13 or 15(d) of the
  Securities Exchange Act of 1934</B></P>
  
  <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>
  
  <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">For the transition
  period from ________ to ___________</FONT></P>
  
  <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>
  
  <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">Commission file
  number: <U>000-54793</U></FONT></P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>
  
  <P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt"><B><U>JPX GLOBAL,
  INC.</U></B></FONT></P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">(Name of Small
  Business Issuer in Its Charter)</FONT></P>
  
  <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 70.5pt 0 0; text-align: justify"><FONT STYLE="font-size: 10pt; letter-spacing: -0.2pt">&nbsp;</FONT></P>
  
  <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 70.5pt 0 0; text-align: justify"><FONT STYLE="font-size: 10pt; letter-spacing: -0.2pt">&nbsp;</FONT></P>
  
  <table cellspacing="0" cellpadding="0" style="width: 100%; font: 11pt Times New Roman, Times, Serif; border-collapse: collapse">
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      <td style="width: 47%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt; letter-spacing: -0.2pt">Nevada</FONT></td>
      <td style="width: 20%; padding-right: 70.5pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></td>
      <td style="width: 33%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt; letter-spacing: -0.2pt">26-2801338</FONT></td></tr>
  <tr style="vertical-align: top">
      <td style="padding-right: 5.4pt; padding-left: 5.4pt"><P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt; letter-spacing: -0.2pt">(State
          or Other Jurisdiction</FONT></P>
          <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt; letter-spacing: -0.2pt">of
          Incorporation or Organization)</FONT></P></td>
      <td style="padding-right: 70.5pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt"><P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt; letter-spacing: -0.2pt">(IRS
          Employer</FONT></P>
          <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt; letter-spacing: -0.2pt">Identification
          No.)</FONT></P></td></tr>
  <tr style="vertical-align: top">
      <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></td>
      <td style="padding-right: 70.5pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></td>
      <td style="padding-right: 70.5pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></td></tr>
  <tr style="vertical-align: top">
      <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">9864 E. Grand River,
      Ste 110-301</FONT></td>
      <td style="padding-right: 70.5pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></td>
      <td style="padding-right: 70.5pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></td></tr>
  <tr style="vertical-align: top">
      <td style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">Brighton,
      MI</FONT></td>
      <td style="padding-right: 70.5pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></td>
      <td style="border-bottom: Black 1pt solid; padding-right: -0.9pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt; letter-spacing: -0.2pt">48116</FONT></td></tr>
  <tr style="vertical-align: top">
      <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt; letter-spacing: -0.2pt">(Address
      of Principal Executive Offices)</FONT></td>
      <td style="padding-right: 70.5pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt; letter-spacing: -0.2pt">(Zip
      Code)</FONT></td></tr>
  </table>
  <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>
  
  <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>
  
  <table cellspacing="0" cellpadding="0" style="font: 11pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr style="vertical-align: top">
      <td style="width: 11%; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></td>
      <td style="width: 79%; padding-right: 5.4pt; padding-left: 5.4pt; text-decoration: underline; text-align: center"><FONT STYLE="font-size: 10pt"><U>(780)
      349-1755</U></FONT></td>
      <td style="width: 10%; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></td></tr>
  <tr style="vertical-align: top">
      <td style="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">(Issuer&rsquo;s Telephone
      Number)</FONT></td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></td></tr>
  <tr style="vertical-align: top">
      <td style="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></td>
      <td style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>
          <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P></td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></td></tr>
  <tr style="vertical-align: top">
      <td colspan="3" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">(Former
      Name, Former Address and Former Fiscal Year, if Changed Since Last Report)</FONT></td></tr>
  </table>
  <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>
  
  <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>
  
  
  <!-- Field: Page; Sequence: 1 -->
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      <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
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  <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Indicate
  by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange
  Act of 1934 during the past 12 months (or for such shorter period that the registrant was required to file such reports), and
  (2) has been subject to such filing requirements for the past 90 days. Yes [X] No [ ]</FONT></P>
  
  <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></P>
  
  <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Indicate
  by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive
  Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (&sect;232.405 of this chapter) during the
  preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes [X] No [
  ]</FONT></P>
  
  <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></P>
  
  <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Indicate
  by check mark whether the registrant is a large accelerated filer, an accelerated filer, non-accelerated filer, or a smaller reporting
  company. See definition of &ldquo;large accelerated filer,&rdquo;&ldquo;accelerated filer,&rdquo; and &ldquo;smaller reporting
  company in Rule 12b-2 of the Exchange Act. (Check one):</FONT></P>
  
  <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>
  
  <table cellspacing="0" cellpadding="0" style="width: 100%; font: 11pt Times New Roman, Times, Serif; border-collapse: collapse">
  <tr style="vertical-align: top">
      <td style="width: 48%; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Large
      Accelerated Filer [&nbsp;&nbsp;]</FONT></td>
      <td style="width: 52%; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Accelerated
      Filer [&nbsp;&nbsp;]&nbsp;&nbsp;&nbsp;&nbsp;</FONT></td></tr>
  <tr style="vertical-align: top">
      <td style="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Non-Accelerated
      Filer [ &nbsp;]&nbsp;&nbsp;&nbsp;&nbsp;</FONT></td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Smaller reporting
      company [X]</FONT></td></tr>
  </table>
  <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>
  
  <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Indicate
  by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes [ ] No [X]</FONT></P>
  
  <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>
  
  <P STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>APPLICABLE
  ONLY TO ISSUERS INVOLVED IN BANKRUPTCY</B></FONT></P>
  
  <P STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>PROCEEDINGS
  DURING THE PRECEDING FIVE YEARS</B></FONT></P>
  
  <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>
  
  <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Check
  whether the registrant has filed all documents and reports required to be filed by Sections 12, 13, or 15(d) of the Exchange Act
  of 1934 after the distribution of securities under a plan confirmed by a court. Yes [ ] No [ ]</FONT></P>
  
  <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>
  
  <P STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>APPLICABLE
  ONLY TO CORPORATE ISSUERS</B></FONT></P>
  
  <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>
  
  <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">State
  the number of shares outstanding of each of the issuer&rsquo;s classes of common equity, as of the latest practicable date. As
  of November 7, 2014, the Company had outstanding 157,263,725 shares of common stock, par value $0.001 per share.</FONT></P>
  
  <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 4.5pt">&nbsp;</P>
  
  <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
  
  <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
  
  <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
  
  <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
  
  <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
  
  <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
  
  <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
  
  <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
  
  <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
  
  <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
  
  <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
  
  <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
  
  <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
  
  <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
  
  
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  <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>
  
  <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>JPX GLOBAL, INC.</B></P>
  
  <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>QUARTERLY PERIOD ENDED SEPTEMBER 30, 2014</B></P>
  
  <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>
  
  <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><A NAME="TableOfContents"></A><B>Index to Report on Form 10-Q</B></P>
  
  <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>
  
  <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>
  
  <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>
  
  <TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr style="vertical-align: top">
      <td style="width: 11%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</td>
      <td style="width: 2%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</td>
      <td style="width: 77%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</td>
      <td style="width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><font style="font-size: 11pt"><b>Page No.</b></font></td></tr>
  <tr style="vertical-align: top">
      <td style="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><font style="font-size: 11pt"><b><A HREF="#BalanceSheet">PART I - FINANCIAL INFORMATION</A></b></font></td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</td></tr>
  <TR STYLE="vertical-align: top">
      <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
      <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
      <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
      <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD></TR>
  <tr style="vertical-align: top">
      <td style="padding-right: 5.4pt; padding-left: 5.4pt"><font style="font-size: 11pt">Item 1.</font></td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt"><font style="font-size: 11pt"><A HREF="#BalanceSheet">Financial Statements</A></font></td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><font style="font-size: 11pt">4</font></td></tr>
  <tr style="vertical-align: top">
      <td style="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</td></tr>
  <tr style="vertical-align: top">
      <td style="padding-right: 5.4pt; padding-left: 5.4pt"><font style="font-size: 11pt">Item 2.</font></td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt"><font style="font-size: 11pt"><A HREF="#a_002">Management's Discussion and Analysis of Financial Condition and Results of Operations</A></font></td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><font style="font-size: 11pt">11</font></td></tr>
  <tr style="vertical-align: top">
      <td style="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</td></tr>
  <tr style="vertical-align: top">
      <td style="padding-right: 5.4pt; padding-left: 5.4pt"><font style="font-size: 11pt">Item 3.</font></td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt"><font style="font-size: 11pt"><A HREF="#a_003">Quantitative and Qualitative Disclosures About Market Risk</A></font></td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><font style="font-size: 11pt">13</font></td></tr>
  <tr style="vertical-align: top">
      <td style="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</td></tr>
  <tr style="vertical-align: top">
      <td style="padding-right: 5.4pt; padding-left: 5.4pt"><font style="font-size: 11pt">Item 4.</font></td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt"><font style="font-size: 11pt"><A HREF="#a_004">Controls and Procedures</A></font></td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><font style="font-size: 11pt">13</font></td></tr>
  <tr style="vertical-align: top">
      <td style="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</td></tr>
  <tr style="vertical-align: top">
      <td style="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><font style="font-size: 11pt"><b><A HREF="#a_005">PART II - OTHER INFORMATION</A></b></font></td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</td></tr>
  <tr style="vertical-align: top">
      <td style="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</td></tr>
  <tr style="vertical-align: top">
      <td style="padding-right: 5.4pt; padding-left: 5.4pt"><font style="font-size: 11pt">Item 1.</font></td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt"><font style="font-size: 11pt"><A HREF="#a_006">Legal Proceedings</A></font></td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><font style="font-size: 11pt">14</font></td></tr>
  <tr style="vertical-align: top">
      <td style="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</td></tr>
  <tr style="vertical-align: top">
      <td style="padding-right: 5.4pt; padding-left: 5.4pt"><font style="font-size: 11pt">Item1A.</font></td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt"><font style="font-size: 11pt"><A HREF="#a_007">Risk Factors</A></font></td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><font style="font-size: 11pt">14</font></td></tr>
  <tr style="vertical-align: top">
      <td style="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</td></tr>
  <tr style="vertical-align: top">
      <td style="padding-right: 5.4pt; padding-left: 5.4pt"><font style="font-size: 11pt">Item 2.</font></td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt"><font style="font-size: 11pt"><A HREF="#a_008">Unregistered Sales of Equity Securities and Use of Proceeds</A></font></td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><font style="font-size: 11pt">14</font></td></tr>
  <tr style="vertical-align: top">
      <td style="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</td></tr>
  <tr style="vertical-align: top">
      <td style="padding-right: 5.4pt; padding-left: 5.4pt"><font style="font-size: 11pt">Item 3.</font></td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt"><font style="font-size: 11pt"><A HREF="#a_009">Defaults Upon Senior Securities</A></font></td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><font style="font-size: 11pt">16</font></td></tr>
  <tr style="vertical-align: top">
      <td style="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</td></tr>
  <tr style="vertical-align: top">
      <td style="padding-right: 5.4pt; padding-left: 5.4pt"><font style="font-size: 11pt">Item 4.</font></td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt"><font style="font-size: 11pt"><A HREF="#a_010">Mine Safety Disclosures</A></font></td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><font style="font-size: 11pt">16</font></td></tr>
  <tr style="vertical-align: top">
      <td style="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</td></tr>
  <tr style="vertical-align: top">
      <td style="padding-right: 5.4pt; padding-left: 5.4pt"><font style="font-size: 11pt">Item 5.</font></td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt"><font style="font-size: 11pt"><A HREF="#a_011">Other Information</A></font></td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><font style="font-size: 11pt">16</font></td></tr>
  <tr style="vertical-align: top">
      <td style="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</td></tr>
  <tr style="vertical-align: top">
      <td style="padding-right: 5.4pt; padding-left: 5.4pt"><font style="font-size: 11pt">Item 6.</font></td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt"><font style="font-size: 11pt"><A HREF="#a_012">Exhibits</A></font></td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><font style="font-size: 11pt">16</font></td></tr>
  <tr style="vertical-align: top">
      <td style="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</td></tr>
  <tr style="vertical-align: top">
      <td style="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt"><font style="font-size: 11pt"><A HREF="#a_013">Signatures</A></font></td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><font style="font-size: 11pt">17</font></td></tr>
  </table>
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  <TABLE CELLPADDING="0" CELLSPACING="0" ALIGN="CENTER" STYLE="border-collapse: collapse; width: 100%; font: 9pt Times New Roman, Times, Serif">
  <TR STYLE="vertical-align: bottom">
      <TD COLSPAN="13" STYLE="font-weight: bold; text-align: center">JPX GLOBAL, INC.</TD></TR>
  <TR STYLE="vertical-align: bottom">
      <TD COLSPAN="13" STYLE="font-weight: bold; text-align: center">(formerly Jasper Explorations Inc.)</TD></TR>
  <TR STYLE="vertical-align: bottom">
      <TD COLSPAN="13" STYLE="text-align: center">(A Development Stage Company)</TD></TR>
  <TR STYLE="vertical-align: bottom">
      <TD COLSPAN="13" STYLE="text-align: center"><A NAME="BalanceSheet"></A>Balance Sheets</TD></TR>
  <TR STYLE="vertical-align: bottom">
      <TD>&nbsp;</TD><TD>&nbsp;</TD>
      <TD COLSPAN="3">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
      <TD COLSPAN="3" STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
      <TD COLSPAN="13" STYLE="text-align: center"><U>ASSETS</U></TD></TR>
  <TR STYLE="vertical-align: bottom">
      <TD STYLE="text-align: center">&nbsp;</TD><TD>&nbsp;</TD>
      <TD COLSPAN="3" STYLE="text-align: center">September 30,</TD><TD>&nbsp;</TD>
      <TD COLSPAN="3" STYLE="text-align: center">December 31,</TD></TR>
  <TR STYLE="vertical-align: bottom">
      <TD>&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
      <TD COLSPAN="3" STYLE="text-align: center; border-bottom: Black 1pt solid">2014</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
      <TD COLSPAN="3" STYLE="text-align: center; border-bottom: Black 1pt solid">2013</TD></TR>
  <TR STYLE="vertical-align: bottom">
      <TD>&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
      <TD COLSPAN="3" STYLE="text-align: center">(Unaudited)</TD><TD>&nbsp;</TD>
      <TD COLSPAN="3" STYLE="text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
      <TD>&nbsp;</TD><TD>&nbsp;</TD>
      <TD COLSPAN="3" STYLE="text-align: center">&nbsp;</TD><TD>&nbsp;</TD>
      <TD COLSPAN="3" STYLE="text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
      <TD STYLE="text-align: left">CURRENT ASSETS</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
      <TD>&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
      <TD STYLE="text-align: left; padding-bottom: 1pt; padding-left: 10pt">Cash and cash equivalents</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 1pt solid; text-align: left">$</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">687</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 1pt solid; text-align: left">$</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">565</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
      <TD>&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
      <TD STYLE="text-align: left; padding-bottom: 1pt; padding-left: 20pt">Total Current Assets</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">687</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">565</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
      <TD>&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
      <TD STYLE="text-align: left; padding-bottom: 2.5pt; padding-left: 20pt">TOTAL ASSETS</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">687</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">565</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
      <TD>&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
      <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
      <TD COLSPAN="9" STYLE="text-decoration: underline; text-align: center">LIABILITIES AND STOCKHOLDERS' DEFICIT</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
      <TD>&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
      <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
      <TD STYLE="text-align: left">CURRENT LIABILITIES</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
      <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
      <TD>&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
      <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
      <TD STYLE="text-align: left; padding-left: 10pt">Accounts payable and accrued liabilities</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">14,895</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">9,376</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
      <TD STYLE="text-align: left; padding-left: 10pt">Advances from related party</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">182,529</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">141,725</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
      <TD STYLE="text-align: left; padding-left: 10pt">Convertible loan payable - related party</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">1,500</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">1,500</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
      <TD STYLE="text-align: left; padding-left: 10pt">Derivative liability</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">2,288,765</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
      <TD STYLE="text-align: left; padding-bottom: 1pt; padding-left: 10pt">Convertible notes payable</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">71,250</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
      <TD>&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
      <TD STYLE="text-align: left; padding-bottom: 1pt; padding-left: 20pt">Total Current Liabilities</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">198,924</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">2,512,616</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
      <TD>&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
      <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
      <TD STYLE="text-align: left; padding-bottom: 1pt; padding-left: 20pt">TOTAL LIABILITIES</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">198,924</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">2,512,616</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
      <TD>&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
      <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
      <TD STYLE="text-align: left">STOCKHOLDERS' DEFICIT</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
      <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
      <TD>&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
      <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
      <TD STYLE="padding-left: 10pt">Preferred stock, $0.001 par value; 40,000,000 shares authorized:</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
      <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
      <TD STYLE="text-align: left; padding-left: 10pt">&nbsp;&nbsp;Series A Preferred Stock, $0.001 par value; 1,000 and</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
      <TD STYLE="text-align: left; padding-left: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;-0- shares issued and outstanding, respectively</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">1</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
      <TD STYLE="text-align: left; padding-left: 10pt">&nbsp;&nbsp;Series B Preferred Stock, $0.001 par value; 10,000,000 and</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
      <TD STYLE="text-align: left; padding-left: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;-0- shares issued and outstanding, respectively</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">10,000</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
      <TD STYLE="padding-left: 10pt">Common stock, $0.001 par value; 500,000,000 shares authorized,</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
      <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
      <TD STYLE="text-align: left; padding-left: 10pt">&nbsp;154,263,725 and 32,133,380 shares issued and outstanding, respectively</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">154,264</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">32,133</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
      <TD STYLE="text-align: left; padding-left: 10pt">Additional paid-in capital</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">16,246,970</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">2,539,692</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
      <TD STYLE="text-align: left; padding-bottom: 1pt; padding-left: 10pt">Deficit accumulated during development stage</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">(16,609,472</TD><TD STYLE="padding-bottom: 1pt; text-align: left">)</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">(5,083,876</TD><TD STYLE="padding-bottom: 1pt; text-align: left">)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
      <TD>&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
      <TD STYLE="text-align: left; padding-bottom: 1pt; padding-left: 20pt">Total Stockholders' Deficit</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">(198,237</TD><TD STYLE="padding-bottom: 1pt; text-align: left">)</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">(2,512,051</TD><TD STYLE="padding-bottom: 1pt; text-align: left">)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
      <TD>&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
      <TD STYLE="text-align: left; padding-bottom: 2.5pt; padding-left: 20pt">TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">687</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">565</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
      <TD>&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
      <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
      <TD COLSPAN="9" STYLE="text-align: center">The accompanying notes are an integral part of these financial statements</TD></TR>
  </TABLE>
  
  
  
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  <TABLE CELLPADDING="0" CELLSPACING="0" ALIGN="CENTER" STYLE="border-collapse: collapse; width: 100%; font: 9pt Times New Roman, Times, Serif">
  <TR STYLE="vertical-align: bottom">
      <TD COLSPAN="25" STYLE="font-weight: bold; text-align: center">JPX GLOBAL, INC.</TD></TR>
  <TR STYLE="vertical-align: bottom">
      <TD COLSPAN="25" STYLE="font-weight: bold; text-align: center">(formerly Jasper Explorations Inc.)</TD></TR>
  <TR STYLE="vertical-align: bottom">
      <TD COLSPAN="25" STYLE="text-align: center">(A Development Stage Company)</TD></TR>
  <TR STYLE="vertical-align: bottom">
      <TD COLSPAN="25" STYLE="text-align: center">Statements of Operations</TD></TR>
  <TR STYLE="vertical-align: bottom">
      <TD COLSPAN="25" STYLE="font-size: 10pt; text-align: center">(Unaudited)</TD></TR>
  <TR STYLE="vertical-align: bottom">
      <TD STYLE="text-align: center">&nbsp;</TD><TD>&nbsp;</TD>
      <TD COLSPAN="3" STYLE="text-align: center">&nbsp;</TD><TD>&nbsp;</TD>
      <TD COLSPAN="3" STYLE="text-align: center">&nbsp;</TD><TD>&nbsp;</TD>
      <TD COLSPAN="3" STYLE="text-align: center">&nbsp;</TD><TD STYLE="font: 10pt Microsoft Sans Serif, Helvetica, Sans-Serif">&nbsp;</TD>
      <TD COLSPAN="3" STYLE="font: 10pt Microsoft Sans Serif, Helvetica, Sans-Serif">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
      <TD COLSPAN="3" STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
      <TD>&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
      <TD COLSPAN="3" STYLE="font-size: 10pt">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
      <TD COLSPAN="3" STYLE="font-size: 10pt">&nbsp;</TD><TD>&nbsp;</TD>
      <TD COLSPAN="3" STYLE="text-align: center">&nbsp;</TD><TD>&nbsp;</TD>
      <TD COLSPAN="3" STYLE="text-align: center">&nbsp;</TD><TD>&nbsp;</TD>
      <TD COLSPAN="3" STYLE="text-align: center">From Inception</TD></TR>
  <TR STYLE="vertical-align: bottom">
      <TD>&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
      <TD COLSPAN="3" STYLE="font-size: 10pt">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
      <TD COLSPAN="3" STYLE="font-size: 10pt">&nbsp;</TD><TD>&nbsp;</TD>
      <TD COLSPAN="3" STYLE="text-align: center">&nbsp;</TD><TD>&nbsp;</TD>
      <TD COLSPAN="3" STYLE="text-align: center">&nbsp;</TD><TD>&nbsp;</TD>
      <TD COLSPAN="3" STYLE="text-align: center">(December 18,</TD></TR>
  <TR STYLE="vertical-align: bottom">
      <TD>&nbsp;</TD><TD>&nbsp;</TD>
      <TD COLSPAN="7" STYLE="text-align: center">For the Three Months Ended</TD><TD>&nbsp;</TD>
      <TD COLSPAN="7" STYLE="text-align: center">For the Nine Months Ended</TD>
      <TD>&nbsp;</TD>
      <TD COLSPAN="3" STYLE="text-align: center">2008) through</TD></TR>
  <TR STYLE="vertical-align: bottom">
      <TD>&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
      <TD COLSPAN="7" STYLE="text-align: center; border-bottom: Black 1pt solid">September 30,</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
      <TD COLSPAN="7" STYLE="text-align: center; border-bottom: Black 1pt solid">September 30,</TD>
      <TD>&nbsp;</TD>
      <TD COLSPAN="3" STYLE="text-align: center; border-bottom: Black 1pt solid">September 30,</TD></TR>
  <TR STYLE="vertical-align: bottom">
      <TD>&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
      <TD COLSPAN="3" STYLE="text-align: center; border-bottom: Black 1pt solid">2014</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
      <TD COLSPAN="3" STYLE="text-align: center; border-bottom: Black 1pt solid">2013</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
      <TD COLSPAN="3" STYLE="text-align: center; border-bottom: Black 1pt solid">2014</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
      <TD COLSPAN="3" STYLE="text-align: center; border-bottom: Black 1pt solid">2013</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
      <TD COLSPAN="3" STYLE="text-align: center; border-bottom: Black 1pt solid">2014</TD></TR>
  <TR STYLE="vertical-align: bottom">
      <TD>&nbsp;</TD><TD>&nbsp;</TD>
      <TD COLSPAN="3" STYLE="text-align: right">&nbsp;</TD><TD>&nbsp;</TD>
      <TD COLSPAN="3" STYLE="text-align: right">&nbsp;</TD><TD>&nbsp;</TD>
      <TD COLSPAN="3" STYLE="text-align: right">&nbsp;</TD><TD>&nbsp;</TD>
      <TD COLSPAN="3" STYLE="text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
      <TD COLSPAN="3" STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
      <TD STYLE="text-align: left; padding-bottom: 1pt">NET REVENUES</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 1pt solid; text-align: left">$</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 1pt solid; text-align: left">$</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 1pt solid; text-align: left">$</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 1pt solid; text-align: left">$</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 1pt solid; text-align: left">$</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
      <TD>&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
      <TD STYLE="text-align: left">OPERATING EXPENSES</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
      <TD>&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
      <TD STYLE="text-align: left; padding-left: 10pt">Consulting fees</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">13,482,500</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">198,033</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">13,701,500</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">2,541,783</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">16,243,283</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
      <TD STYLE="text-align: left; padding-left: 10pt">Impairment loss on mineral claims</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">15,091</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
      <TD STYLE="text-align: left; padding-left: 10pt">Professional and accounting fees</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">8,180</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">23,368</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">69,341</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">63,424</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">177,539</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
      <TD STYLE="text-align: left; padding-left: 10pt">Loss on failed business venture</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">75,915</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">76,415</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
      <TD STYLE="text-align: left; padding-bottom: 1pt; padding-left: 10pt">Other general and administrative</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">345</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">22,812</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">7,711</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">24,902</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">34,255</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
      <TD>&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
      <TD STYLE="text-align: left; padding-bottom: 1pt; padding-left: 20pt">Total Operating Expenses</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">13,491,025</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">244,213</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">13,778,552</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">2,706,024</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">16,546,583</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
      <TD>&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
      <TD STYLE="text-align: left; padding-bottom: 1pt">LOSS FROM OPERATIONS</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">(13,491,025</TD><TD STYLE="padding-bottom: 1pt; text-align: left">)</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">(244,213</TD><TD STYLE="padding-bottom: 1pt; text-align: left">)</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">(13,778,552</TD><TD STYLE="padding-bottom: 1pt; text-align: left">)</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">(2,706,024</TD><TD STYLE="padding-bottom: 1pt; text-align: left">)</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">(16,546,583</TD><TD STYLE="padding-bottom: 1pt; text-align: left">)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
      <TD>&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
      <TD STYLE="text-align: left">OTHER INCOME (EXPENSES)</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
      <TD>&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
      <TD STYLE="text-align: left; padding-left: 10pt">Interest expense (including amortization of debt discount</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
      <TD STYLE="text-align: left; padding-left: 10pt">&nbsp;&nbsp;of $-0-, $12,089, $-0-, $12,089 and $12,089, respectively)</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(13,074</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(2,899</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(13,140</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(64,428</TD><TD STYLE="text-align: left">)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
      <TD STYLE="text-align: left; padding-left: 10pt">Derivative expense</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(2,113,526</TD><TD STYLE="text-align: left">)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
      <TD STYLE="text-align: left; padding-bottom: 1pt; padding-left: 10pt">Gain on change in fair value of derivative liability</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">2,255,855</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">2,115,065</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
      <TD>&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
      <TD STYLE="text-align: left; padding-bottom: 1pt; padding-left: 20pt">Total Other Income (Expenses)</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">(13,074</TD><TD STYLE="padding-bottom: 1pt; text-align: left">)</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">2,252,956</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">(13,140</TD><TD STYLE="padding-bottom: 1pt; text-align: left">)</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">(62,889</TD><TD STYLE="padding-bottom: 1pt; text-align: left">)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
      <TD>&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
      <TD STYLE="text-align: left; padding-bottom: 2.5pt">NET INCOME (LOSS)</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">(13,491,025</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">)</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">(257,287</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">)</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">(11,525,596</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">)</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">(2,719,164</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">)</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">(16,609,472</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
      <TD>&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
      <TD STYLE="text-align: left; padding-bottom: 2.5pt; padding-left: 10pt">Net loss per common stock equivalents</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">(0.06</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">)</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">(0.01</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">)</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">(0.05</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">)</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">(0.09</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">)</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
      <TD>&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
      <TD STYLE="padding-left: 10pt">Weighted average common shares</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
      <TD STYLE="text-align: left; padding-bottom: 2.5pt; padding-left: 10pt">&nbsp;&nbsp;outstanding - basic and diluted</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">243,257,315</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">31,975,000</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">217,749,329</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">30,773,077</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
      <TD>&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
      <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
      <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
      <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
      <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
      <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
      <TD COLSPAN="21" STYLE="text-align: center">The accompanying notes are an integral part of these financial statements</TD></TR>
  </TABLE>
  
  
  
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  <P STYLE="margin: 0"></P>
  
  <TABLE CELLPADDING="0" CELLSPACING="0" ALIGN="CENTER" STYLE="border-collapse: collapse; width: 100%; font: 9pt Times New Roman, Times, Serif">
  <TR STYLE="vertical-align: bottom">
      <TD COLSPAN="17" STYLE="font-weight: bold; text-align: center">JPX GLOBAL, INC.</TD></TR>
  <TR STYLE="vertical-align: bottom">
      <TD COLSPAN="17" STYLE="font-weight: bold; text-align: center">(formerly Jasper Explorations Inc.)</TD></TR>
  <TR STYLE="vertical-align: bottom">
      <TD COLSPAN="17" STYLE="text-align: center">(A Development Stage Company)</TD></TR>
  <TR STYLE="vertical-align: bottom">
      <TD COLSPAN="17" STYLE="text-align: center">Statements of Cash Flows</TD></TR>
  <TR STYLE="vertical-align: bottom">
      <TD COLSPAN="17" STYLE="font-size: 10pt; text-align: center">(Unaudited)</TD></TR>
  <TR STYLE="vertical-align: bottom">
      <TD STYLE="text-align: center">&nbsp;</TD><TD>&nbsp;</TD>
      <TD COLSPAN="3" STYLE="text-align: center">&nbsp;</TD><TD>&nbsp;</TD>
      <TD COLSPAN="3" STYLE="text-align: center">&nbsp;</TD><TD>&nbsp;</TD>
      <TD COLSPAN="3" STYLE="text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
      <TD STYLE="text-align: center">&nbsp;</TD><TD>&nbsp;</TD>
      <TD COLSPAN="3" STYLE="text-align: center">&nbsp;</TD><TD>&nbsp;</TD>
      <TD COLSPAN="3" STYLE="text-align: center">&nbsp;</TD><TD>&nbsp;</TD>
      <TD COLSPAN="3" STYLE="text-align: center">From Inception</TD></TR>
  <TR STYLE="vertical-align: bottom">
      <TD STYLE="text-align: center">&nbsp;</TD><TD>&nbsp;</TD>
      <TD COLSPAN="3" STYLE="text-align: center">&nbsp;</TD><TD>&nbsp;</TD>
      <TD COLSPAN="3" STYLE="text-align: center">&nbsp;</TD><TD>&nbsp;</TD>
      <TD COLSPAN="3" STYLE="text-align: center">(December 18,</TD></TR>
  <TR STYLE="vertical-align: bottom">
      <TD>&nbsp;</TD><TD>&nbsp;</TD>
      <TD COLSPAN="7" STYLE="text-align: center">For the Nine Months Ended</TD>
      <TD>&nbsp;</TD>
      <TD COLSPAN="3" STYLE="text-align: center">2008) through</TD></TR>
  <TR STYLE="vertical-align: bottom">
      <TD>&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
      <TD COLSPAN="7" STYLE="text-align: center; border-bottom: Black 1pt solid">September 30,</TD>
      <TD>&nbsp;</TD>
      <TD COLSPAN="3" STYLE="text-align: center; border-bottom: Black 1pt solid">September 30,</TD></TR>
  <TR STYLE="vertical-align: bottom">
      <TD>&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
      <TD COLSPAN="3" STYLE="text-align: center; border-bottom: Black 1pt solid">2014</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
      <TD COLSPAN="3" STYLE="text-align: center; border-bottom: Black 1pt solid">2013</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
      <TD COLSPAN="3" STYLE="text-align: center; border-bottom: Black 1pt solid">2014</TD></TR>
  <TR STYLE="vertical-align: bottom">
      <TD>&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
      <TD COLSPAN="3" STYLE="font-size: 10pt">&nbsp;</TD><TD>&nbsp;</TD>
      <TD COLSPAN="3" STYLE="text-align: center">&nbsp;</TD><TD>&nbsp;</TD>
      <TD COLSPAN="3" STYLE="text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
      <TD STYLE="text-align: left">CASH FLOWS FROM OPERATING ACTIVITIES:</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
      <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
      <TD>&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
      <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
      <TD STYLE="text-align: left">Net income (loss)</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">(11,525,596</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">(2,719,164</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">(16,609,472</TD><TD STYLE="text-align: left">)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
      <TD STYLE="text-align: left">Adjustments to reconcile net loss to net</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
      <TD STYLE="text-align: left">&nbsp;cash used by operating activities:</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
      <TD STYLE="text-align: left; padding-left: 10pt">Common stock issued for services</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">13,482,500</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">2,541,725</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">16,024,325</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
      <TD STYLE="text-align: left; padding-left: 10pt">Non-cash interest expenses</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">46,110</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
      <TD STYLE="text-align: left; padding-left: 10pt">Amortization of debt discount</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">12,089</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">12,089</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
      <TD STYLE="text-align: left; padding-left: 10pt">Change in fair value of derivative liability</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(2,255,855</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(2,115,065</TD><TD STYLE="text-align: left">)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
      <TD STYLE="text-align: left; padding-left: 10pt">Derivative expense</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">2,113,526</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
      <TD STYLE="text-align: left; padding-left: 10pt">Impairment loss of mineral claims</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">15,000</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
      <TD STYLE="text-align: left">Changes in operating assets and liabilities:</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
      <TD STYLE="text-align: left; padding-bottom: 1pt; padding-left: 10pt">Accounts payable and accrued liabilities</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">5,519</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">44,015</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">14,895</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
      <TD>&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
      <TD STYLE="text-align: left; padding-bottom: 1pt; padding-left: 20pt">Net Cash Used by Operating Activities</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">(293,432</TD><TD STYLE="padding-bottom: 1pt; text-align: left">)</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">(121,335</TD><TD STYLE="padding-bottom: 1pt; text-align: left">)</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">(498,592</TD><TD STYLE="padding-bottom: 1pt; text-align: left">)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
      <TD>&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
      <TD STYLE="text-align: left">CASH FLOWS FROM INVESTING ACTIVITIES:</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
      <TD>&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
      <TD STYLE="text-align: left; padding-bottom: 1pt; padding-left: 10pt">Purchase of mineral claim</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">(15,000</TD><TD STYLE="padding-bottom: 1pt; text-align: left">)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
      <TD>&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
      <TD STYLE="text-align: left; padding-bottom: 1pt; padding-left: 20pt">Net Cash Used by Investing Activities</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">(15,000</TD><TD STYLE="padding-bottom: 1pt; text-align: left">)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
      <TD>&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
      <TD STYLE="text-align: left">CASH FLOWS FROM FINANCING ACTIVITIES:</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
      <TD>&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
      <TD STYLE="text-align: left; padding-left: 10pt">Proceeds from convertible notes payable - related parties</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">1,500</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
      <TD STYLE="text-align: left; padding-left: 10pt">Proceeds from advances - related party</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">40,804</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">79,563</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">182,529</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
      <TD STYLE="text-align: left; padding-left: 10pt">Proceeds from sale of common stock</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">282,000</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">312,000</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
      <TD STYLE="text-align: left; padding-left: 10pt">Proceeds from notes payable</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">13,103</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">47,500</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
      <TD STYLE="text-align: left; padding-bottom: 1pt; padding-left: 10pt">Payments on notes payable</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">(29,250</TD><TD STYLE="padding-bottom: 1pt; text-align: left">)</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">(29,250</TD><TD STYLE="padding-bottom: 1pt; text-align: left">)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
      <TD>&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
      <TD STYLE="text-align: left; padding-bottom: 1pt; padding-left: 20pt">Net Cash Provided by Financing Activities</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">293,554</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">92,666</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">514,279</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
      <TD>&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
      <TD STYLE="text-align: left">NET INCREASE (DECREASE) IN CASH</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
      <TD STYLE="text-align: left">AND CASH EQUIVALENTS</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">122</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">(28,669</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">687</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
      <TD>&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
      <TD STYLE="text-align: left; padding-bottom: 1pt">CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">565</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">30,000</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
      <TD>&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
      <TD STYLE="text-align: left; padding-bottom: 2.5pt">CASH AND CASH EQUIVALENTS, END OF PERIOD</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">687</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">1,331</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
      <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">687</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
      <TD>&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
      <TD STYLE="text-align: left">SUPPLEMENTAL CASH FLOW INFORMATION</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
      <TD>&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
      <TD STYLE="text-align: left; padding-left: 10pt">Cash Payments For:</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
      <TD>&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
      <TD STYLE="padding-left: 20pt">Interest</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
      <TD STYLE="padding-left: 20pt">Taxes</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
      <TD>&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
      <TD STYLE="padding-left: 10pt">Non-cash activity:</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
      <TD>&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
      <TD STYLE="text-align: left; padding-left: 20pt">Common stock issued for conversion of notes payable</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">42,000</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">42,000</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
      <TD STYLE="text-align: left; padding-left: 20pt">Common stock issued for services</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">13,482,500</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">2,541,725</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">16,024,325</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
      <TD STYLE="text-align: left; padding-left: 20pt">Increase in convertible notes payable due to default</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">23,750</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
      <TD STYLE="text-align: left; padding-left: 20pt">Loss on failed business venture</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">76,415</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
      <TD>&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
      <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
      <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
      <TD COLSPAN="13" STYLE="text-align: center">The accompanying notes are an integral part of these financial statements</TD></TR>
  </TABLE>
  
  
  
  <P STYLE="margin: 0"></P>
  
  <P STYLE="margin: 0"></P>
  
  <P STYLE="margin: 0"></P>
  
  
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  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>JPX Global, Inc.</B></P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>(Formerly Jasper Explorations Inc.)</B></P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">(A Development Stage Company)</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">Notes to Financial Statements</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">September 30, 2014</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">Unaudited</P>
  
  
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">1. ORGANIZATION</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company was incorporated under the laws
  of the state of Nevada on December 18, 2008, with 75,000,000 authorized common shares with a par value of $0.001. On January 3,
  2013, the Company approved the action to amend and restate the Articles of Incorporation of the Company and increase the authorized
  common shares to 500,000,000 and create and authorize 40,000,000 shares of Preferred Stock which was approved by written consent
  of the holders representing approximately 67% of the outstanding voting securities of the Company. Series A Preferred Stock was
  created and designated with super-voting rights of 100,000 votes per share of Series A Preferred Stock held.</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On February 5, 2014, the Company entered into
  an agreement to acquire all the operating assets of Scorpex, Inc. (&ldquo;Scorpex&rdquo;) (an entity related by common control)
  in exchange for 105,000,000 shares of common stock and 10,000,000 shares of Series B Preferred Stock of the Company. Scorpex is
  majority owned and controlled by JPX Global, Inc.&rsquo;s majority shareholder, Joseph Caywood. Each share of Series B preferred
  stock is convertible into 10 shares of common stock and is entitled to vote ratably together with our common stockholders on all
  matters upon which common stockholders may vote. With the acquisition of these assets, which consist solely of a license agreement,
  the Company has modified its business plan to include the development of waste management services including the storage, recycling,
  and disposal of waste.&nbsp; The Company does not presently have any waste management operations and is considered to be in the
  development stage.</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The acquired asset consists solely of a license
  agreement between Scorpex and Tratamientos Ambientales Scorpion, S.A. de C.V. (a corporation formed under the laws of Mexico) (&ldquo;TAS&rdquo;).
  This license agreement with TAS has been assigned to JPX. TAS is a wholly owned subsidiary of Scorpex, and is, therefore, a common
  control entity. ASC 805-50-30-5 provides guidance on measuring assets and liabilities transferred between entities under common
  control. As these entities are under common control and the license agreement had no basis on Scorpex&rsquo;s books they are being
  acquired at their carry amounts (with no cost basis) on the date of transfer and, therefore, the transaction value is $-0-.</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">2. BASIS OF FINANCIAL STATEMENT PRESENTATION</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The accompanying unaudited financial
  statements have been prepared by the Company pursuant to the rules and regulations of the Securities and Exchange Commission.
  Certain information and footnote disclosures normally included in financial statements prepared in accordance with U.S.
  generally accepted accounting principles have been condensed or omitted in accordance with such rules and regulations. The
  information furnished in the interim financial statements includes normal recurring adjustments and reflects all adjustments,
  which, in the opinion of management, are necessary for a fair presentation of such financial statements. Although management
  believes the disclosures and information presented are adequate to make the information not misleading, it is suggested that
  these interim financial statements be read in conjunction with the Company&rsquo;s audited financial statements and notes
  thereto included in its Form 10-K for the year ended December 31, 2013. Operating results for the nine months ended September
  30, 2014 are not necessarily indicative of the results to be expected for the year ending December 31, 2014.</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">3. GOING CONCERN</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The accompanying financial statements have
  been prepared assuming that the company will continue as a going concern. The company does not have sufficient working capital
  for its planned activity, and to service its debt, which raises substantial doubt about its ability to continue as a going concern.
  The Company has incurred accumulated losses of $16,609,472 since inception (December 18, 2008) through September 30, 2014.</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>
  
  
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  <P STYLE="font: 10pt/115% Times New Roman, Times, Serif; margin: 0 0 10pt"></P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>JPX Global, Inc.</B></P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>(Formerly Jasper Explorations Inc.)</B></P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">(A Development Stage Company)</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">Notes to Financial Statements</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">September 30, 2014</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">Unaudited</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>
  
  
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Continuation of the company as a going concern is dependent
  upon obtaining additional working capital and the management of the company has developed a strategy which it believes will accomplish
  this objective through short term loans from an officer-director, and additional equity investments, which will enable the company
  to continue operations for the coming year. These financial statements do not include any adjustments relating to the recoverability
  and classification of recorded asset amounts, or amounts and classification of liabilities that might result from this uncertainty.</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">4. FAILED BUSINESS VENTURE</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">During 2013, the Company made payments in anticipation
  of engaging in a joint venture for the purpose of sand and gravel excavation. The originally intended venture did not occur within
  the contractually specified time frame, and therefore, became null and void. The payments made of $76,415 were specified in the
  agreement as non-refundable and have been recorded as a loss on failed business venture.</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">5. CONVERTIBLE LOAN RELATED PARTY</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On December 18, 2008, the company entered into
  a Promissory Note agreement with the former CEO of the Company. The note was for a sum of $1,500 non interest bearing, due and
  payable on December 31, 2010. If note is not paid on December 31, 2010, the note can be converted to shares of common stock of
  the Company for $.001 per share. On January 3, 2013, this note was assigned to Joseph Caywood, the majority shareholder of JPX.
  At this time, the Company and the debt holder have not converted the loan into shares of the Company, and the Company does not
  currently plan to. The Company and the note holder have verbally agreed that the Company will pay the loan off as it is able to
  without penalty. As of September 30, 2014 and December 31, 2013, the balance in note payable account is $1,500. Due to the convertible
  note described in Note 6 below, it was determined that there was a derivative liability associated with this related party note
  as the Company cannot determine if there are enough authorized shares to satisfy all conversions of debt into common stock. The
  amount of the derivative liability at March 31, 2014 was $1,918,500, as calculated using the Black-Scholes model. During the nine
  months ended September 30, 2014, the convertible note described in Note 6 below was paid in full and therefore the derivative liability
  of $1,918,500 was written off and recorded as a gain on change in fair value of derivative liability on the statements of operations
  for the nine months ended September 30, 2014.</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">6. CONVERTIBLE NOTES PAYABLE</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On June 25, 2013 the company entered into a
  Promissory Note agreement. The note was for a sum of $47,500, carries interest rate of 8% and is due on March 28, 2014. The Note
  may not be prepaid prior to its Maturity Date. The Note, together with all interest as accrued, is convertible into shares of the
  Company&rsquo;s common stock at a price equal to 60% multiplied by the average of the lowest three (3) trading prices for the Common
  Stock during the ten (10) trading day period ending on the latest complete trading day prior to the date of conversion (representing
  a discount rate of 40%). The SPA and the Note contain representations, warranties, conditions, restrictions, and covenants of the
  Company that are customary in such transactions with smaller companies.&nbsp; The Note may be accelerated by the holder in the
  event of default and the rate of interest on the Note will increase to 22% per annum.&nbsp; In addition, the amount due and payable
  under the Note (and, consequently, the number of shares of common stock convertible thereunto) may be increased to 150% of the
  principal amount of the Note, plus default interest as accrued thereon, in the event of default.&nbsp; The Note is a direct financial
  obligation of the Company and is considered a current liability of the Company for accounting purposes.&nbsp; On November 20, 2013,
  the Company defaulted on this Note.&nbsp; As a result of this default the Note became immediately due within 5 days of the notice
  and the principal amount of $71,250 was demanded by the holder of the Note, Asher Enterprises, Inc. During the nine months ended
  September 30, 2014, Asher Enterprises converted $42,000 of the note into 60,345 shares of common stock. During the quarter ended
  September 30, 2014, the balance of the note</P>
  
  
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  <P STYLE="font: 10pt/115% Times New Roman, Times, Serif; margin: 0 0 10pt"></P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>JPX Global, Inc.</B></P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>(Formerly Jasper Explorations Inc.)</B></P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">(A Development Stage Company)</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">Notes to Financial Statements</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">September 30, 2014</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">Unaudited</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>
  
  
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">and accrued interest were paid in full. The amount
  of the previously recorded derivative liability of $81,327, as calculated using the Black-Scholes model, was written off and recorded
  as a gain on change in fair value of derivative liability on the statements of operations for the nine months ended September
  30, 2014.</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">7. CAPITAL STOCK</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On August 31, 2010, the company issued 30,000,000
  private placement common shares to its founder for cash of $30,000.</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On August 17, 2011, the Company issued 100,000
  common shares at par value to its transfer agent for services rendered.</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On January 3, 2013, the Company approved the
  action to amend and restate the Articles of Incorporation of the Company and increase the authorized common shares to 500,000,000
  and create and authorize 40,000,000 shares of Preferred Stock which was approved by written consent of the holder representing
  approximately 67% of the outstanding voting securities of the Company. Series A Preferred Stock was created and designated with
  super-voting rights of 100,000 votes per share of Series A Preferred Stock held.</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On February 15, 2013, the Company entered into
  an agreement to acquire all of the assets of Scorpex, a Company controlled by the Company&rsquo;s controlling shareholder Joseph
  Caywood, in exchange for 103,250,000 shares of Common Stock and 5,000,000 shares of Series A Preferred Stock of the Company. Upon
  the acquisition of Scorpex, there was an implied option for either party to rescind the original acquisition. During the year that
  option was exercised and on May 16, 2013, we unwound the acquisition of Scorpex and the Company resumed its operation prior to
  February 15, 2013 acquisition.</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">During 2013, the Company issued 2,033,380 shares
  of common stock for services rendered to the Company. The stock was valued at $1.25 per share.</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On January 6, 2014, the Company issued 1,000
  shares of Series A preferred stock as security for outstanding debts of the Company owed to its controlling shareholder Joseph
  Caywood. Although the preferred stock carries no dividend, distribution, liquidation or conversion rights, each share of Series
  A preferred stock carries one hundred thousand (100,000) votes, and holders of our preferred stock are able to vote together with
  our common stockholders on all matters upon which common stockholders may vote.</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On February 5, 2014, the Company entered into
  an agreement to acquire all the operating assets of Scorpex, Inc. (&ldquo;Scorpex&rdquo;) (an entity related by common control)
  in exchange for 105,000,000 shares of common stock and 10,000,000 shares of Series B preferred stock of the Company. Scorpex is
  majority owned and controlled by JPX Global, Inc.&rsquo;s majority shareholder, Joseph Caywood. The Series B preferred stock is
  convertible into 10 shares of common stock and is entitled to vote ratably together with our common stockholders on all matters
  upon which common stockholders may vote.</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The acquired asset consists solely of a license
  agreement between Scorpex and Tratamientos Ambientales Scorpion, S.A. de C.V. (a corporation formed under the laws of Mexico) (&ldquo;TAS&rdquo;).
  This license agreement with TAS has been assigned to JPX. TAS is a wholly owned subsidiary of Scorpex, and is, therefore, a common
  control entity. ASC 805-50-30-5 provides guidance on measuring assets and liabilities transferred between entities under common
  control. As these entities are under common control and the license agreement had no basis on Scorpex&rsquo;s books they are being
  acquired at their carry amounts (with no cost basis) on the date of transfer and, therefore, the transaction value is $-0-.</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>
  
  
  <!-- Field: Page; Sequence: 9 -->
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  <P STYLE="font: 10pt/115% Times New Roman, Times, Serif; margin: 0 0 10pt"></P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>JPX Global, Inc.</B></P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>(Formerly Jasper Explorations Inc.)</B></P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">(A Development Stage Company)</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">Notes to Financial Statements</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">September 30, 2014</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">Unaudited</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">During the nine months ended September 30,
  2014, the Company issued 60,345 shares of common stock for the conversion of notes payable in the amount of $42,000.</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">During the nine months ended September 30,
  2014, the Company issued 2,820,000 shares for cash in the amount of $282,000.</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">During the quarter ended September 30, 2014,
  the Company issued an aggregate of 14,250,000 shares for consulting services rendered to the Company. The stock was recorded at
  the market value on the date of issuance in the amount of $13,482,500. The shares were issued to a shareholder of the company who
  also provides consulting services to the Company. The services consisted of the development of the license agreement and the corresponding
  permits related to the acquired assets described above.</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">8. RELATED PARTY TRANSACTIONS</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">During the nine months ended September 30,
  2014, a related party advanced the Company $40,804 for development, professional fees, and expenses. These advances are non-interest
  bearing and due on demand. The total balance due to related party as of September 30, 2014 and December 31, 2013 was $182,529 and
  $141,725, respectively.</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On January 6, 2014, the Company issued 1,000
  shares of Series A preferred stock as security for outstanding debts of the Company owed to its controlling shareholder Joseph
  Caywood. Although the preferred stock carries no dividend, distribution, liquidation or conversion rights, each share of Series
  A preferred stock carries one hundred thousand (100,000) votes, and holders of our preferred stock are able to vote together with
  our common stockholders on all matters upon which common stockholders may vote.</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On February 5, 2014, the Company entered into
  an agreement to acquire all the operating assets of Scorpex, Inc. (&ldquo;Scorpex&rdquo;) (an entity related by common control)
  in exchange for 105,000,000 shares of common stock and 10,000,000 shares of Series B preferred stock of the Company. Scorpex is
  majority owned and controlled by JPX Global, Inc.&rsquo;s majority shareholder, Joseph Caywood. The Series B preferred stock is
  convertible into 10 shares of common stock and is entitled to vote ratably together with our common stockholders on all matters
  upon which common stockholders may vote.</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The acquired asset consists solely of a license
  agreement between Scorpex and Tratamientos Ambientales Scorpion, S.A. de C.V. (a corporation formed under the laws of Mexico) (&ldquo;TAS&rdquo;).
  This license agreement with TAS has been assigned to JPX. TAS is a wholly owned subsidiary of Scorpex, and is, therefore, a common
  control entity. ASC 805-50-30-5 provides guidance on measuring assets and liabilities transferred between entities under common
  control. As these entities are under common control and the license agreement had no basis on Scorpex&rsquo;s books they are being
  acquired at their carry amounts (with no cost basis) on the date of transfer and, therefore, the transaction value is $-0-.</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">9. SUBSEQUENT EVENTS</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Subsequent to September 30, 2014, the Company
  issued 3,000,000 shares of common stock for consulting services rendered to the Company.</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company has evaluated subsequent events
  from the balance sheet date through the date the financial statements were issued and has determined that there are no other events
  that would have a material impact on the financial statements.</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>
  
  
  <!-- Field: Page; Sequence: 10 -->
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  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><A NAME="a_002"></A><B>ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION
  AND RESULTS OF OPERATIONS</B></P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The following
  discussion of the financial condition and results of operations of JPX Global, Inc. (hereafter, &ldquo;JPEX&rdquo;, the
  &ldquo;Company,&rdquo; &ldquo;we,&rdquo; &ldquo;our,&rdquo; or &ldquo;us&rdquo;) should be read in conjunction with the
  Unaudited Financial Statements and related Notes thereto included herein. This discussion may contain forward-looking
  statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of
  1934, including, without limitation, statements regarding the Company&rsquo;s expectations, beliefs, intentions, or future
  strategies that are signified by the words &quot;expects,&quot; &quot;anticipates,&quot; &quot;intends,&quot;
  &quot;believes,&quot; or similar language. Actual results could differ materially from those projected in the forward looking
  statements. Prospective investors should carefully consider the information set forth herein, and the Company cautions
  investors that its business and financial performance is subject to substantial risks and uncertainties.</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Overview</B></P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">On February 5, 2014, the
  Company entered into an agreement to acquire all of the operating assets of Scorpex, Inc., (&ldquo;Scorpex&rdquo;) (an entity related
  by common control) a Nevada corporation, in exchange for 105,000,000 shares of Common Stock and 10,000,000 shares of Series B Preferred
  Stock. Scorpex is majority owned and controlled by JPX Global, Inc.&rsquo;s majority shareholder, Joseph Caywood. Each share of
  Series B preferred stock is convertible into 10 shares of common stock and is entitled to vote ratably together with our common
  stockholders on all matters upon which common stockholders may vote. The acquired asset consists solely of a license agreement.
  We are now expanding our business to further develop our operations to capitalize on the opportunities available primarily in Mexico,
  in the integrated waste, and waste management service operations, including the receiving, storage, transfer and disposal of waste
  in an environmental manner. In providing these services, we intend to actively pursue projects and initiatives that we believe
  make a positive difference for our environment which will be focused on gasification of waste in an environmental manner. It is
  expected that our customer base will include commercial, industrial, municipal and residential customers, other waste management
  companies, electric utilities, and governmental entity properties. We are an exploration stage company and we have not realized
  any revenues to date. We do not have sufficient capital to enable us to commence and complete our exploration program. We will
  require additional financing in order to conduct the exploration program described herein.&quot; Our auditors have issued a going
  concern opinion, raising substantial doubt about the Company's financial prospects, and the Company&rsquo;s ability to continue
  as a going concern. As a waste management company, our principal sources of revenue will result from waste management contracts,
  but will also include revenue from ancillary services related to the handling and conversion of waste. Expenses which comprise
  the costs of goods sold include the operational and staffing costs of the trucks and other vehicles used for transporting and special
  licensing where required. General and administrative expenses have been comprised of administrative wages and benefits; occupancy
  and office expenses; outside legal, accounting and other professional fees; travel and other miscellaneous office and administrative
  expenses. Selling and marketing expenses include selling/marketing wages and benefits, advertising and promotional expenses, as
  well as travel and other miscellaneous related expenses.</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The acquired asset consists
  solely of a license agreement between Scorpex and Tratamientos Ambientales Scorpion, S.A. de C.V. (a corporation formed under the
  laws of Mexico) (&ldquo;TAS&rdquo;). This license agreement with TAS has been assigned to JPX. TAS is a wholly owned subsidiary
  of Scorpex, and is, therefore, a common control entity. ASC 805-50-30-5 provides guidance on measuring assets and liabilities transferred
  between entities under common control. As these entities are under common control and the license agreement had no basis on Scorpex&rsquo;s
  books they are being acquired at their carry amounts (with no cost basis) on the date of transfer and, therefore, the transaction
  value is $-0-.</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&#9;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The future goal of the
  Company will be to develop a waste services division. The Company has modified its business plan to include the development of
  waste management services including the storage, recycling, and disposal of waste.&nbsp; We expect to have revenues and adjust
  our classification as a development stage company to an operational stage company as sales are made.</P>
  
  
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  <P STYLE="font: 10pt/115% Times New Roman, Times, Serif; margin: 0 0 10pt">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Our ability to
  generate revenues during the year 2014 and beyond depends substantially upon the Company&rsquo;s resources available in order
  to develop and grow the integrated waste and waste management businesses. Such efforts require significant systems
  development, marketing and personnel costs, which, in turn, require substantial funding. If we are unable to obtain such
  funding, its ability to generate revenues will be significantly impaired and we may be unable to continue operations.</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Because the Company has
  incurred losses, income tax expenses are immaterial. No tax benefits have been booked related to operating loss carryforwards,
  given the uncertainty of the Company being able to utilize such loss carryforwards in future years. We anticipate incurring additional
  losses during the coming year.</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Results of Operations</B></P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Following is management&rsquo;s
  discussion of the relevant items affecting results of operations for the three and nine month periods ended September 30, 2014
  and 2013.</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>
  
  <P STYLE="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><B>Revenues. </B>For
  both the three and nine months ended September 30, 2014 and 2013, net revenues were $-0-. The Company expects to generate revenues
  with the acquisition of the waste management assets previously described. The Company hopes to commence operations during 2014.</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><B>Consulting Fees. </B>Consulting
  fees for three months ended September 30, 2014 were $13,482,500 compared to $198,033 for the three months ended September 30, 2013.
  Consulting fees for nine months ended September 30, 2014 were $13,701,500 compared to $2,541,783 for the nine months ended September
  30, 2013. During the nine months ended September 30, 2014 and 2013, the Company issued 14,250,000 and 1,875,000 shares, respectively,
  of common stock for services rendered to the Company. The shares were valued at market price as per ASC Topic 505-50-25-7 for financial
  statements purposes. During the nine months ended September 30. 2014, payments in the amount of $179,000 were made to Scorpex as
  they began to develop the waste management business.</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>
  
  <P STYLE="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><B>Professional Fees.
  </B>Professional fees for the three months ended September 30, 2014 were $8,180 compared to $23,368 for the three months ended
  September 30, 2013. Professional fees for the nine months ended September 30, 2014 were $69,341 compared to $63,424 for the nine
  months ended September 30, 2013. Professional fees consist mainly of the fees for the review of the Company&rsquo;s financial statements
  of the prior quarter as well as the filings with the SEC. The Company anticipates that professional fees will increase commensurate
  with an increase in our operations.</P>
  
  <P STYLE="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>
  
  <P STYLE="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><B>Other General and
  Administrative Expenses. </B>Other general and administrative expenses for the three months ended September 30, 2014 were $345
  compared to $22,812 for the three months ended September 30, 2013. Other general and administrative expenses for the nine months
  ended September 30, 2014 were $7,711 compared to $24,902 for the nine months ended September 30, 2013. We expect that salaries
  and consulting expenses, that are cash- instead of share-based, will increase as we add personnel to build our waste management
  business.</P>
  
  <P STYLE="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>
  
  <P STYLE="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><B>Other Income (Expense)</B>.
  The Company had net other expenses of $-0- for the three months ended September 30, 2014 compared to $13,074 for the three months
  ended September 30, 2013. The Company had net other income of $2,252,956 for the nine months ended September 30, 2014 compared
  to net other expenses of $13,140 for the nine months ended September 30, 2013. Other expenses consist of interest expenses of $2,899
  and $13,140, respectively, for the nine months ended September 30, 2014 and 2013. Other income consists of the gain on change in
  fair value of derivative liability of $2,255,855 for the nine months ended September 30, 2014. The recorded income was a result
  of the payoff of the convertible notes payable during the nine months ended September 30, 2014.</P>
  
  <P STYLE="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>
  
  
  <!-- Field: Page; Sequence: 12 -->
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  <P STYLE="font: 10pt/115% Times New Roman, Times, Serif; margin: 0 0 10pt"><B>&nbsp;</B></P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Liquidity and Capital Resources</B></P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">As of September 30, 2014,
  our primary source of liquidity consisted of $687 in cash and cash equivalents. Since inception, we have financed our operations
  through a combination of short term loans from related parties and through the private placement of our common stock.</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">We have sustained
  significant net losses which have resulted in an accumulated deficit at September 30, 2014 of $16,609,472 and are currently
  experiencing a substantial shortfall in operating capital which raises doubt about our ability to continue as a going
  concern. Historically, we have funded operating expenses and our acquisition of mineral claim through advances from related
  parties. We anticipate a net loss for the year ended December 31, 2014 and with the expected cash requirements for the coming
  months, without additional cash inflows from an increase in revenues combined with continued cost-cutting or a receipt of
  cash from capital investment, there is substantial doubt as to the Company&rsquo;s ability to continue operations.</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">There is presently no agreement
  in place with any source of financing for the Company and we cannot assure you that the Company will be able to raise any additional
  funds, or that such funds will be available on acceptable terms. Funds raised through future equity financing will likely be substantially
  dilutive to current shareholders. Lack of additional funds will materially affect the Company and its business, and may cause us
  to cease operations. Consequently, shareholders could incur a loss of their entire investment in the Company.</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 49.5pt; text-align: justify; text-indent: -49.5pt"><B><A NAME="a_003"></A>ITEM 3.
  QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK</B></P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">As a smaller reporting
  company we are not required to provide this information.</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 49.5pt; text-align: justify; text-indent: -49.5pt"><A NAME="a_004"></A><B>ITEM 4.
  CONTROLS AND PROCEDURES</B></P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 49.5pt; text-align: justify; text-indent: -49.5pt">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Management&rsquo;s Report on Disclosure
  Controls and Procedures</B></P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">We maintain disclosure
  controls and procedures that are designed to ensure that information required to be disclosed in our reports filed under the <I>Securities
  Exchange Act of 1934</I>, as amended, is recorded, processed, summarized and reported within the time periods specified in the
  Securities and Exchange Commission's rules and forms, and that such information is accumulated and communicated to our management,
  to allow for timely decisions regarding required disclosure.</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">As of September 30, 2014,
  the end of our third quarter covered by this report, we carried out an evaluation, under the supervision of our Chief Executive
  Officer and Controller, of the effectiveness of the design and operation of our disclosure controls and procedures. Based on the
  foregoing, we concluded that our disclosure controls and procedures were ineffective as of the end of the period covered by this
  quarterly report because there was no segregation of the duties with only a sole member in our management team. Our board of directors
  has only one member. We do not have a formal audit committee.</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Management&rsquo;s Report on Internal Control
  over Financial Reporting</B></P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Our management is responsible
  for establishing and maintaining adequate internal control over financial reporting (as defined in Rule 13a-15(f) under the Securities
  Exchange Act, as amended). In fulfilling this responsibility, estimates and judgments by management are required to assess the
  expected benefits and related costs of control procedures. The objectives of internal control include providing management with
  reasonable, but not absolute, assurance that assets are safeguarded against loss from unauthorized use or disposition, and that
  transactions are executed in accordance with management&rsquo;s authorization and recorded properly to permit the preparation of
  financial statements in conformity with accounting principles generally accepted in the United States. Our management assessed
  the effectiveness of our internal control over financial reporting as of September 30, 2014. In making this assessment, our management
  used the criteria set forth by the Committee of Sponsoring Organizations of the Treadway</P>
  
  
  <!-- Field: Page; Sequence: 13 -->
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  <P STYLE="font: 10pt/115% Times New Roman, Times, Serif; margin: 0 0 10pt">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Commission (&ldquo;COSO&rdquo;) in <I>Internal
  Control-Integrated Framework</I>. Our management has concluded that, as of September 30, 2014, our internal control over financial
  reporting is ineffective in providing reasonable assurance regarding the reliability of financial reporting and the preparation
  of financial statements for external purposes in accordance with US generally accepted accounting principles. This quarterly report
  does not include an attestation report of the Company&rsquo;s registered public accounting firm regarding internal control over
  financial reporting. Management&rsquo;s report was not subject to attestation by the Company&rsquo;s registered public accounting
  firm pursuant to temporary rules of the Securities and Exchange Commission that permit the Company to provide only management&rsquo;s
  report in this quarterly report.</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Inherent limitations on effectiveness of
  controls</B></P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Internal control over
  financial reporting has inherent limitations which include but is not limited to the use of independent professionals for
  advice and guidance, interpretation of existing and/or changing rules and principles, segregation of management duties, scale
  of organization, and personnel factors. Internal control over financial reporting is a process which involves human diligence
  and compliance and is subject to lapses in judgment and breakdowns resulting from human failures. Internal control over
  financial reporting also can be circumvented by collusion or improper management override. Because of its inherent
  limitations, internal control over financial reporting may not prevent or detect misstatements on a timely basis, however
  these inherent limitations are known features of the financial reporting process and it is possible to design into the
  process safeguards to reduce, though not eliminate, this risk. Therefore, even those systems determined to be effective can
  provide only reasonable assurance with respect to financial statement preparation and presentation. Projections of any
  evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes
  in conditions, or that the degree of compliance with the policies or procedures may deteriorate.</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Changes in Internal Control over Financial
  Reporting</B></P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">There have been no significant
  changes in our internal controls over financial reporting that occurred during the quarter ended September 30, 2014 that have materially
  or are reasonably likely to materially affect, our internal controls over financial reporting.</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><A NAME="a_005"></A><B>PART II</B></P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>OTHER INFORMATION</B></P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"><B><A NAME="a_006"></A>ITEM 1. LEGAL
  PROCEEDINGS</B></P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">On May 20, 2014, the Company
  was served a lawsuit regarding a dispute between two of its shareholders. The Company maintained that the plaintiff had no jurisdiction
  in this lawsuit and that the Company should not be named as a defendant. The lawsuit was dismissed by the court on August 30, 2014
  in favor of the Company.</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><A NAME="a_007"></A><B>ITEM 1A. RISK FACTORS</B></P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">As a smaller reporting
  company, we are not required to provide the information required by this item.</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"><B><A NAME="a_008"></A>ITEM 2. UNREGISTERED
  SALES OF EQUITY SECURITIES AND USE OF PROCEEDS</B></P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">On January 9, 2013, the
  Company issued 50,000 shares of restricted common stock for services rendered.</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">On June 24, 2013, the Company
  issued an aggregate of 1,875,000 shares of restricted common stock for services rendered.</P>
  
  
  <!-- Field: Page; Sequence: 14 -->
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  <P STYLE="font: 10pt/115% Times New Roman, Times, Serif; margin: 0 0 10pt">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">On June 25, 2013, the
  Company issued a promissory note in the original principal amount of $47,000 (&ldquo;Note&rdquo;) to a lender. The Note carries
  an interest rate of 8% per annum, and is due and payable in full at the maturity date, unless converted partially or in its entirety
  upon the election of the lender into fully paid and non-assessable shares of Common Stock of the Company at a 40% discount to the
  average of the three lowest daily trading prices as reported on the OTCQB for the ten trading days previous to the conversion date.</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">On November 20, 2013,
  the Company issued a promissory note in the original principal amount of $23,750 (&ldquo;Note&rdquo;) to a lender. The Note carries
  an interest rate of 8% per annum, and is due and payable in full at the maturity date, unless converted partially or in its entirety
  upon the election of the lender into fully paid and non-assessable shares of Common Stock of the Company at a 40% discount to the
  average of the three lowest daily trading prices as reported on the OTCQB for the ten trading days previous to the conversion date.</P>
  
  <P STYLE="font: 10.5pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">On January 8, 2014, the
  Company converted into 21,552 shares of common stock a certain promissory note originally issued by the Company on June 25, 2013.</P>
  
  <P STYLE="font: 10.5pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">On January 28, 2014,
  the Company converted into 21,552 shares of common stock a certain promissory note originally issued by the Company on June 25,
  2013.</P>
  
  <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">On February 5, 2014, the
  Company entered into an agreement to acquire all of the assets of Scorpex, Inc., a Nevada corporation (hereafter, &ldquo;Scorpex&rdquo;),
  in exchange for 105,000,000 shares of common stock of the Company (such transaction is hereafter referred to as the &ldquo;Acquisition&rdquo;).
  Scorpex is a development stage waste disposal and recycling company, with the goal of storing and disposing all types of waste,
  including those classified as industrial, toxic, and hazardous.</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">On February 14, 2014,
  the Company converted into 17,241 shares of common stock a certain promissory note originally issued by the Company on June 25,
  2013.</P>
  
  <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">On May 6, 2014, the Company
  issued an aggregate of 3,085,889 shares of restricted common stock to various contractors and consultants for services rendered.</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">On May 19, 2014, the Company
  issued an aggregate of 1,120,000 shares of the Company&rsquo;s common stock at a purchase price per share of $0.10.</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">On May 22, 2014, the Company
  issued 1,000,000 shares of the Company&rsquo;s common stock at a purchase price per share of $0.10.</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">On May 27, 2014, the Company
  issued an aggregate of 100,000 shares of the Company&rsquo;s common stock at a purchase price per share of $0.10.</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">On June 12, 2014, the Company
  issued 150,000 shares of the Company&rsquo;s common stock at a purchase price per share of $0.10.</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">On June 13, 2014, the Company
  issued 100,000 shares of the Company&rsquo;s common stock at a purchase price per share of $0.10.</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">On June 30, 2014, the Company
  issued 4,755,731 shares of restricted common stock to that certain consultant for services rendered.</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">On July 9, 2014, the Company
  issued 4,000,000 shares of restricted common stock to a certain consultant for services rendered.</P>
  
  
  <!-- Field: Page; Sequence: 15 -->
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  <P STYLE="font: 10pt/115% Times New Roman, Times, Serif; margin: 0 0 10pt">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">On July 16, 2014, the Company
  issued an aggregate of 500,000 shares of the Company&rsquo;s common stock at a purchase price per share of $0.10.</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">On August 7, 2014, the
  Company issued 10,250,000 shares of restricted common stock to that certain consultant for services rendered.</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">On October 1, 2014, the
  Company issued 3,000,000 shares of restricted common stock to that certain consultant for services rendered.</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">No solicitation was made
  and no underwriting discounts were given or paid in connection with these transactions. The Company believes that the issuance
  of shares and options as described above was exempt from registration with the Securities and Exchange Commission pursuant to Section
  4(2) of the Securities Act of 1933.</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><A NAME="a_009"></A><B>ITEM 3. DEFAULTS UPON SENIOR SECURITIES</B></P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">None.</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 58.5pt; text-align: justify; text-indent: -58.5pt"><B>&nbsp;</B></P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"><A NAME="a_010"></A><B>ITEM 4. MINE
  SAFETY DISCLOSURES</B></P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Not applicable.</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"><B><A NAME="a_011"></A>ITEM 5. OTHER
  INFORMATION</B></P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Not applicable.</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"><B><A NAME="a_012"></A>ITEM 6. EXHIBITS</B>&#9;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 58.5pt; text-align: justify; text-indent: -58.5pt">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 58.5pt; text-align: justify; text-indent: -22.5pt">The following
  documents are filed as exhibits to this Form 10-Q:</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 58.5pt; text-align: justify; text-indent: -58.5pt">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>INDEX TO EXHIBITS</B></P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
  
  <table cellspacing="0" cellpadding="0" style="width: 100%; font: 11pt Times New Roman, Times, Serif; border-collapse: collapse">
  <tr style="vertical-align: top">
      <td style="width: 13%; padding-top: 6.95pt; padding-bottom: 3.7pt; font-size: 10pt; text-decoration: underline"><b><u>Number</u></b></td>
      <td style="width: 5%; padding-top: 6.95pt; padding-bottom: 3.7pt; font-size: 10pt">&nbsp;</td>
      <td style="width: 82%; padding-top: 6.95pt; padding-bottom: 3.7pt; font-size: 10pt; text-decoration: underline"><b><u>Exhibits</u></b></td></tr>
  <tr style="vertical-align: top">
      <td style="padding-top: 6.95pt; padding-bottom: 3.7pt; font-size: 10pt">3.1</td>
      <td style="padding-top: 6.95pt; padding-bottom: 3.7pt; font-size: 10pt">&nbsp;</td>
      <td style="padding-top: 6.95pt; padding-bottom: 3.7pt; font-size: 10pt; text-align: justify">Amended and Restated Articles of Incorporation (incorporated by reference from our report on form 8-K filed on January 9, 2013).</td></tr>
  <tr style="vertical-align: top">
      <td style="padding-top: 6.95pt; padding-bottom: 3.7pt; font-size: 10pt">3.2</td>
      <td style="padding-top: 6.95pt; padding-bottom: 3.7pt; font-size: 10pt">&nbsp;</td>
      <td style="padding-top: 6.95pt; padding-bottom: 3.7pt; font-size: 10pt; text-align: justify">Amended and Restated Bylaws (incorporated by reference from our report on form 8-K filed on January 9, 2013).</td></tr>
  <tr style="vertical-align: top">
      <td style="padding-top: 0.95pt; padding-bottom: 3.7pt; font-size: 10pt">31</td>
      <td style="padding-top: 0.95pt; padding-bottom: 3.7pt; font-size: 10pt">&nbsp;</td>
      <td style="padding-top: 0.95pt; padding-bottom: 3.7pt; font-size: 10pt; text-align: justify"><A HREF="ex31_302certification.htm">Certification by Chief Executive Officer, James P. Foran, pursuant to Section 302 of the Sarbanes-Oxley Act of 2002</A>.</td></tr>
  <tr style="vertical-align: top">
      <td style="padding-top: 0.95pt; padding-bottom: 3.7pt; font-size: 10pt">32</td>
      <td style="padding-top: 0.95pt; padding-bottom: 3.7pt; font-size: 10pt">&nbsp;</td>
      <td style="padding-top: 0.95pt; padding-bottom: 3.7pt; font-size: 10pt; text-align: justify"><A HREF="ex32_906certification.htm">Certification by Chief Executive Officer, James P. Foran, pursuant to Section 906 of the Sarbanes-Oxley Act of 2002</A>.</td></tr>
  <tr style="vertical-align: top">
      <td style="border-bottom: black 1pt solid; padding-top: 6.95pt; padding-bottom: 3.7pt; font-size: 10pt">&nbsp;</td>
      <td style="padding-top: 6.95pt; padding-bottom: 3.7pt; font-size: 10pt">&nbsp;</td>
      <td style="padding-top: 6.95pt; padding-bottom: 3.7pt; font-size: 10pt">&nbsp;</td></tr>
  </table>
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 58.5pt"><B>&nbsp;</B></P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 58.5pt"><B>&nbsp;</B></P>
  
  
  <!-- Field: Page; Sequence: 16 -->
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      <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
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  <P STYLE="font: 10pt/115% Times New Roman, Times, Serif; margin: 0 0 10pt"><B>&nbsp;</B></P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><A NAME="a_013"></A><B>SIGNATURES</B></P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 238.5pt; text-indent: -238.5pt">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">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
  thereunto duly authorized.</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
  
  <table cellspacing="0" cellpadding="0" style="width: 100%; font: 11pt Times New Roman, Times, Serif; border-collapse: collapse">
  <tr style="vertical-align: top">
      <td style="width: 46%; padding-right: 5.4pt; padding-left: 5.4pt; font-size: 10pt">&nbsp;</td>
      <td style="width: 3%; padding-right: 5.4pt; padding-left: 5.4pt; font-size: 10pt">&nbsp;</td>
      <td style="width: 51%; padding-right: 5.4pt; padding-left: 5.4pt">
          <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">JPX GLOBAL, INC.</P>
          <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P></td></tr>
  <tr style="vertical-align: top">
      <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-size: 10pt">Date: <u>November 12, 2014</u></td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-size: 10pt">&nbsp;</td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-size: 10pt">By: <u>/s/ James P. Foran</u>__________________</td></tr>
  <tr style="vertical-align: top">
      <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-size: 10pt">&nbsp;</td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-size: 10pt">&nbsp;</td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-size: 10pt">James P. Foran</td></tr>
  <tr style="vertical-align: top">
      <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-size: 10pt">&nbsp;</td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-size: 10pt">&nbsp;</td>
      <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-size: 10pt">Chief Executive Officer</td></tr>
  </table>
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
  
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  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
  
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  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
  
  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
  
  
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metadata_documents: [{"type": "10-Q", "sequence": "1", "filename": "f10q_jpx093014.htm", "description": "FORM 10-Q", "secsgml_size_bytes": 203955}]
metadata_filer: {"company-data": {"conformed-name": "JPX Global Inc.", "cik": "0001506814", "assigned-sic": "1000", "irs-number": "262801338", "state-of-incorporation": "NV", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "10-Q", "act": "34", "file-number": "000-54793", "film-number": "141213225"}, "business-address": {"street1": "9864 E GRAND RIVER, STE 110-301", "city": "BRIGHTON", "state": "MI", "zip": "48116", "phone": "310-891-1838"}, "mail-address": {"street1": "9864 E GRAND RIVER, STE 110-301", "city": "BRIGHTON", "state": "MI", "zip": "48116"}, "former-company": [{"former-conformed-name": "Jasper Explorations Inc.", "date-changed": "20110202"}, {"former-conformed-name": "Jasper Exploration Inc.", "date-changed": "20101201"}]}
text: UNITED STATES
  SECURITIES AND EXCHANGE COMMISSION
  Washington, D.C. 20549
  ______________________
  FORM 10-Q
  [ X ] Quarterly Report Pursuant to Section 13 or 15(d) of the
  Securities Exchange Act of 1934
  For the quarterly
  period ended September 30, 2014
  OR
  [ ] Transition Report Pursuant to Section 13 or 15(d) of the
  Securities Exchange Act of 1934
  For the transition
  period from ________ to ___________
  Commission file
  number:
  000-54793
  JPX GLOBAL,
  INC.
  (Name of Small
  Business Issuer in Its Charter)
  Nevada
  26-2801338
  (State
          or Other Jurisdiction
  of
          Incorporation or Organization)
  (IRS
          Employer
  Identification
          No.)
  9864 E. Grand River,
      Ste 110-301
  Brighton,
      MI
  48116
  (Address
      of Principal Executive Offices)
  (Zip
      Code)
  (780)
      349-1755
  (Issuer's Telephone
      Number)
  (Former
      Name, Former Address and Former Fiscal Year, if Changed Since Last Report)
  Table of Contents
  Indicate
  by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange
  Act of 1934 during the past 12 months (or for such shorter period that the registrant was required to file such reports), and
  (2) has been subject to such filing requirements for the past 90 days. Yes [X] No [ ]
  Indicate
  by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive
  Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the
  preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes [X] No [
  ]
  Indicate
  by check mark whether the registrant is a large accelerated filer, an accelerated filer, non-accelerated filer, or a smaller reporting
  company. See definition of "large accelerated filer,""accelerated filer," and "smaller reporting
  company in Rule 12b-2 of the Exchange Act. (Check one):
  Large
      Accelerated Filer [  ]
  Accelerated
      Filer [  ]
  Non-Accelerated
      Filer [  ]
  Smaller reporting
      company [X]
  Indicate
  by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes [ ] No [X]
  APPLICABLE
  ONLY TO ISSUERS INVOLVED IN BANKRUPTCY
  PROCEEDINGS
  DURING THE PRECEDING FIVE YEARS
  Check
  whether the registrant has filed all documents and reports required to be filed by Sections 12, 13, or 15(d) of the Exchange Act
  of 1934 after the distribution of securities under a plan confirmed by a court. Yes [ ] No [ ]
  APPLICABLE
  ONLY TO CORPORATE ISSUERS
  State
  the number of shares outstanding of each of the issuer's classes of common equity, as of the latest practicable date. As
  of November 7, 2014, the Company had outstanding 157,263,725 shares of common stock, par value $0.001 per share.
  Table of Contents
  2
  JPX GLOBAL, INC.
  QUARTERLY PERIOD ENDED SEPTEMBER 30, 2014
  Index to Report on Form 10-Q
  Page No.
  PART I - FINANCIAL INFORMATION
  Item 1.
  Financial Statements
  4
  Item 2.
  Management's Discussion and Analysis of Financial Condition and Results of Operations
  11
  Item 3.
  Quantitative and Qualitative Disclosures About Market Risk
  13
  Item 4.
  Controls and Procedures
  13
  PART II - OTHER INFORMATION
  Item 1.
  Legal Proceedings
  14
  Item1A.
  Risk Factors
  14
  Item 2.
  Unregistered Sales of Equity Securities and Use of Proceeds
  14
  Item 3.
  Defaults Upon Senior Securities
  16
  Item 4.
  Mine Safety Disclosures
  16
  Item 5.
  Other Information
  16
  Item 6.
  Exhibits
  16
  Signatures
  17
  Table of Contents
  3
  JPX GLOBAL, INC.
  (formerly Jasper Explorations Inc.)
  (A Development Stage Company)
  Balance Sheets
  ASSETS
  September 30,
  December 31,
  2014
  2013
  (Unaudited)
  CURRENT ASSETS
  Cash and cash equivalents
  $
  687
  $
  565
  Total Current Assets
  687
  565
  TOTAL ASSETS
  $
  687
  $
  565
  LIABILITIES AND STOCKHOLDERS' DEFICIT
  CURRENT LIABILITIES
  Accounts payable and accrued liabilities
  $
  14,895
  $
  9,376
  Advances from related party
  182,529
  141,725
  Convertible loan payable - related party
  1,500
  1,500
  Derivative liability
  —
  2,288,765
  Convertible notes payable
  —
  71,250
  Total Current Liabilities
  198,924
  2,512,616
  TOTAL LIABILITIES
  198,924
  2,512,616
  STOCKHOLDERS' DEFICIT
  Preferred stock, $0.001 par value; 40,000,000 shares authorized:
  Series A Preferred Stock, $0.001 par value; 1,000 and
  -0- shares issued and outstanding, respectively
  1
  —
  Series B Preferred Stock, $0.001 par value; 10,000,000 and
  -0- shares issued and outstanding, respectively
  10,000
  —
  Common stock, $0.001 par value; 500,000,000 shares authorized,
  154,263,725 and 32,133,380 shares issued and outstanding, respectively
  154,264
  32,133
  Additional paid-in capital
  16,246,970
  2,539,692
  Deficit accumulated during development stage
  (16,609,472
  )
  (5,083,876
  )
  Total Stockholders' Deficit
  (198,237
  )
  (2,512,051
  )
  TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT
  $
  687
  $
  565
  The accompanying notes are an integral part of these financial statements
  Table of Contents
  4
  JPX GLOBAL, INC.
  (formerly Jasper Explorations Inc.)
  (A Development Stage Company)
  Statements of Operations
  (Unaudited)
  From Inception
  (December 18,
  For the Three Months Ended
  For the Nine Months Ended
  2008) through
  September 30,
  September 30,
  September 30,
  2014
  2013
  2014
  2013
  2014
  NET REVENUES
  $
  —
  $
  —
  $
  —
  $
  —
  $
  —
  OPERATING EXPENSES
  Consulting fees
  13,482,500
  198,033
  13,701,500
  2,541,783
  16,243,283
  Impairment loss on mineral claims
  —
  —
  —
  —
  15,091
  Professional and accounting fees
  8,180
  23,368
  69,341
  63,424
  177,539
  Loss on failed business venture
  —
  —
  —
  75,915
  76,415
  Other general and administrative
  345
  22,812
  7,711
  24,902
  34,255
  Total Operating Expenses
  13,491,025
  244,213
  13,778,552
  2,706,024
  16,546,583
  LOSS FROM OPERATIONS
  (13,491,025
  )
  (244,213
  )
  (13,778,552
  )
  (2,706,024
  )
  (16,546,583
  )
  OTHER INCOME (EXPENSES)
  Interest expense (including amortization of debt discount
  of $-0-, $12,089, $-0-, $12,089 and $12,089, respectively)
  —
  (13,074
  )
  (2,899
  )
  (13,140
  )
  (64,428
  )
  Derivative expense
  —
  —
  —
  —
  (2,113,526
  )
  Gain on change in fair value of derivative liability
  —
  —
  2,255,855
  —
  2,115,065
  Total Other Income (Expenses)
  —
  (13,074
  )
  2,252,956
  (13,140
  )
  (62,889
  )
  NET INCOME (LOSS)
  $
  (13,491,025
  )
  $
  (257,287
  )
  $
  (11,525,596
  )
  $
  (2,719,164
  )
  $
  (16,609,472
  )
  Net loss per common stock equivalents
  $
  (0.06
  )
  $
  (0.01
  )
  $
  (0.05
  )
  $
  (0.09
  )
  Weighted average common shares
  outstanding - basic and diluted
  243,257,315
  31,975,000
  217,749,329
  30,773,077
  The accompanying notes are an integral part of these financial statements
  Table of Contents
  5
  JPX GLOBAL, INC.
  (formerly Jasper Explorations Inc.)
  (A Development Stage Company)
  Statements of Cash Flows
  (Unaudited)
  From Inception
  (December 18,
  For the Nine Months Ended
  2008) through
  September 30,
  September 30,
  2014
  2013
  2014
  CASH FLOWS FROM OPERATING ACTIVITIES:
  Net income (loss)
  $
  (11,525,596
  )
  $
  (2,719,164
  )
  $
  (16,609,472
  )
  Adjustments to reconcile net loss to net
  cash used by operating activities:
  Common stock issued for services
  13,482,500
  2,541,725
  16,024,325
  Non-cash interest expenses
  —
  —
  46,110
  Amortization of debt discount
  —
  12,089
  12,089
  Change in fair value of derivative liability
  (2,255,855
  )
  —
  (2,115,065
  )
  Derivative expense
  —
  —
  2,113,526
  Impairment loss of mineral claims
  —
  —
  15,000
  Changes in operating assets and liabilities:
  Accounts payable and accrued liabilities
  5,519
  44,015
  14,895
  Net Cash Used by Operating Activities
  (293,432
  )
  (121,335
  )
  (498,592
  )
  CASH FLOWS FROM INVESTING ACTIVITIES:
  Purchase of mineral claim
  —
  —
  (15,000
  )
  Net Cash Used by Investing Activities
  —
  —
  (15,000
  )
  CASH FLOWS FROM FINANCING ACTIVITIES:
  Proceeds from convertible notes payable - related parties
  —
  —
  1,500
  Proceeds from advances - related party
  40,804
  79,563
  182,529
  Proceeds from sale of common stock
  282,000
  —
  312,000
  Proceeds from notes payable
  —
  13,103
  47,500
  Payments on notes payable
  (29,250
  )
  —
  (29,250
  )
  Net Cash Provided by Financing Activities
  293,554
  92,666
  514,279
  NET INCREASE (DECREASE) IN CASH
  AND CASH EQUIVALENTS
  $
  122
  $
  (28,669
  )
  $
  687
  CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD
  565
  30,000
  —
  CASH AND CASH EQUIVALENTS, END OF PERIOD
  $
  687
  1,331
  $
  687
  SUPPLEMENTAL CASH FLOW INFORMATION
  Cash Payments For:
  Interest
  $
  —
  $
  —
  $
  —
  Taxes
  $
  —
  $
  —
  $
  —
  Non-cash activity:
  Common stock issued for conversion of notes payable
  $
  42,000
  $
  —
  $
  42,000
  Common stock issued for services
  $
  13,482,500
  $
  2,541,725
  $
  16,024,325
  Increase in convertible notes payable due to default
  $
  —
  $
  —
  $
  23,750
  Loss on failed business venture
  $
  —
  $
  —
  $
  76,415
  The accompanying notes are an integral part of these financial statements
  Table of Contents
  6
  JPX Global, Inc.
  (Formerly Jasper Explorations Inc.)
  (A Development Stage Company)
  Notes to Financial Statements
  September 30, 2014
  Unaudited
  1. ORGANIZATION
  The Company was incorporated under the laws
  of the state of Nevada on December 18, 2008, with 75,000,000 authorized common shares with a par value of $0.001. On January 3,
  2013, the Company approved the action to amend and restate the Articles of Incorporation of the Company and increase the authorized
  common shares to 500,000,000 and create and authorize 40,000,000 shares of Preferred Stock which was approved by written consent
  of the holders representing approximately 67% of the outstanding voting securities of the Company. Series A Preferred Stock was
  created and designated with super-voting rights of 100,000 votes per share of Series A Preferred Stock held.
  On February 5, 2014, the Company entered into
  an agreement to acquire all the operating assets of Scorpex, Inc. ("Scorpex") (an entity related by common control)
  in exchange for 105,000,000 shares of common stock and 10,000,000 shares of Series B Preferred Stock of the Company. Scorpex is
  majority owned and controlled by JPX Global, Inc.'s majority shareholder, Joseph Caywood. Each share of Series B preferred
  stock is convertible into 10 shares of common stock and is entitled to vote ratably together with our common stockholders on all
  matters upon which common stockholders may vote. With the acquisition of these assets, which consist solely of a license agreement,
  the Company has modified its business plan to include the development of waste management services including the storage, recycling,
  and disposal of waste.  The Company does not presently have any waste management operations and is considered to be in the
  development stage.
  The acquired asset consists solely of a license
  agreement between Scorpex and Tratamientos Ambientales Scorpion, S.A. de C.V. (a corporation formed under the laws of Mexico) ("TAS").
  This license agreement with TAS has been assigned to JPX. TAS is a wholly owned subsidiary of Scorpex, and is, therefore, a common
  control entity. ASC 805-50-30-5 provides guidance on measuring assets and liabilities transferred between entities under common
  control. As these entities are under common control and the license agreement had no basis on Scorpex's books they are being
  acquired at their carry amounts (with no cost basis) on the date of transfer and, therefore, the transaction value is $-0-.
  2. BASIS OF FINANCIAL STATEMENT PRESENTATION
  The accompanying unaudited financial
  statements have been prepared by the Company pursuant to the rules and regulations of the Securities and Exchange Commission.
  Certain information and footnote disclosures normally included in financial statements prepared in accordance with U.S.
  generally accepted accounting principles have been condensed or omitted in accordance with such rules and regulations. The
  information furnished in the interim financial statements includes normal recurring adjustments and reflects all adjustments,
  which, in the opinion of management, are necessary for a fair presentation of such financial statements. Although management
  believes the disclosures and information presented are adequate to make the information not misleading, it is suggested that
  these interim financial statements be read in conjunction with the Company's audited financial statements and notes
  thereto included in its Form 10-K for the year ended December 31, 2013. Operating results for the nine months ended September
  30, 2014 are not necessarily indicative of the results to be expected for the year ending December 31, 2014.
  3. GOING CONCERN
  The accompanying financial statements have
  been prepared assuming that the company will continue as a going concern. The company does not have sufficient working capital
  for its planned activity, and to service its debt, which raises substantial doubt about its ability to continue as a going concern.
  The Company has incurred accumulated losses of $16,609,472 since inception (December 18, 2008) through September 30, 2014.
  Table of Contents
  7
  JPX Global, Inc.
  (Formerly Jasper Explorations Inc.)
  (A Development Stage Company)
  Notes to Financial Statements
  September 30, 2014
  Unaudited
  Continuation of the company as a going concern is dependent
  upon obtaining additional working capital and the management of the company has developed a strategy which it believes will accomplish
  this objective through short term loans from an officer-director, and additional equity investments, which will enable the company
  to continue operations for the coming year. These financial statements do not include any adjustments relating to the recoverability
  and classification of recorded asset amounts, or amounts and classification of liabilities that might result from this uncertainty.
  4. FAILED BUSINESS VENTURE
  During 2013, the Company made payments in anticipation
  of engaging in a joint venture for the purpose of sand and gravel excavation. The originally intended venture did not occur within
  the contractually specified time frame, and therefore, became null and void. The payments made of $76,415 were specified in the
  agreement as non-refundable and have been recorded as a loss on failed business venture.
  5. CONVERTIBLE LOAN RELATED PARTY
  On December 18, 2008, the company entered into
  a Promissory Note agreement with the former CEO of the Company. The note was for a sum of $1,500 non interest bearing, due and
  payable on December 31, 2010. If note is not paid on December 31, 2010, the note can be converted to shares of common stock of
  the Company for $.001 per share. On January 3, 2013, this note was assigned to Joseph Caywood, the majority shareholder of JPX.
  At this time, the Company and the debt holder have not converted the loan into shares of the Company, and the Company does not
  currently plan to. The Company and the note holder have verbally agreed that the Company will pay the loan off as it is able to
  without penalty. As of September 30, 2014 and December 31, 2013, the balance in note payable account is $1,500. Due to the convertible
  note described in Note 6 below, it was determined that there was a derivative liability associated with this related party note
  as the Company cannot determine if there are enough authorized shares to satisfy all conversions of debt into common stock. The
  amount of the derivative liability at March 31, 2014 was $1,918,500, as calculated using the Black-Scholes model. During the nine
  months ended September 30, 2014, the convertible note described in Note 6 below was paid in full and therefore the derivative liability
  of $1,918,500 was written off and recorded as a gain on change in fair value of derivative liability on the statements of operations
  for the nine months ended September 30, 2014.
  6. CONVERTIBLE NOTES PAYABLE
  On June 25, 2013 the company entered into a
  Promissory Note agreement. The note was for a sum of $47,500, carries interest rate of 8% and is due on March 28, 2014. The Note
  may not be prepaid prior to its Maturity Date. The Note, together with all interest as accrued, is convertible into shares of the
  Company's common stock at a price equal to 60% multiplied by the average of the lowest three (3) trading prices for the Common
  Stock during the ten (10) trading day period ending on the latest complete trading day prior to the date of conversion (representing
  a discount rate of 40%). The SPA and the Note contain representations, warranties, conditions, restrictions, and covenants of the
  Company that are customary in such transactions with smaller companies.  The Note may be accelerated by the holder in the
  event of default and the rate of interest on the Note will increase to 22% per annum.  In addition, the amount due and payable
  under the Note (and, consequently, the number of shares of common stock convertible thereunto) may be increased to 150% of the
  principal amount of the Note, plus default interest as accrued thereon, in the event of default.  The Note is a direct financial
  obligation of the Company and is considered a current liability of the Company for accounting purposes.  On November 20, 2013,
  the Company defaulted on this Note.  As a result of this default the Note became immediately due within 5 days of the notice
  and the principal amount of $71,250 was demanded by the holder of the Note, Asher Enterprises, Inc. During the nine months ended
  September 30, 2014, Asher Enterprises converted $42,000 of the note into 60,345 shares of common stock. During the quarter ended
  September 30, 2014, the balance of the note
  Table of Contents
  8
  JPX Global, Inc.
  (Formerly Jasper Explorations Inc.)
  (A Development Stage Company)
  Notes to Financial Statements
  September 30, 2014
  Unaudited
  and accrued interest were paid in full. The amount
  of the previously recorded derivative liability of $81,327, as calculated using the Black-Scholes model, was written off and recorded
  as a gain on change in fair value of derivative liability on the statements of operations for the nine months ended September
  30, 2014.
  7. CAPITAL STOCK
  On August 31, 2010, the company issued 30,000,000
  private placement common shares to its founder for cash of $30,000.
  On August 17, 2011, the Company issued 100,000
  common shares at par value to its transfer agent for services rendered.
  On January 3, 2013, the Company approved the
  action to amend and restate the Articles of Incorporation of the Company and increase the authorized common shares to 500,000,000
  and create and authorize 40,000,000 shares of Preferred Stock which was approved by written consent of the holder representing
  approximately 67% of the outstanding voting securities of the Company. Series A Preferred Stock was created and designated with
  super-voting rights of 100,000 votes per share of Series A Preferred Stock held.
  On February 15, 2013, the Company entered into
  an agreement to acquire all of the assets of Scorpex, a Company controlled by the Company's controlling shareholder Joseph
  Caywood, in exchange for 103,250,000 shares of Common Stock and 5,000,000 shares of Series A Preferred Stock of the Company. Upon
  the acquisition of Scorpex, there was an implied option for either party to rescind the original acquisition. During the year that
  option was exercised and on May 16, 2013, we unwound the acquisition of Scorpex and the Company resumed its operation prior to
  February 15, 2013 acquisition.
  During 2013, the Company issued 2,033,380 shares
  of common stock for services rendered to the Company. The stock was valued at $1.25 per share.
  On January 6, 2014, the Company issued 1,000
  shares of Series A preferred stock as security for outstanding debts of the Company owed to its controlling shareholder Joseph
  Caywood. Although the preferred stock carries no dividend, distribution, liquidation or conversion rights, each share of Series
  A preferred stock carries one hundred thousand (100,000) votes, and holders of our preferred stock are able to vote together with
  our common stockholders on all matters upon which common stockholders may vote.
  On February 5, 2014, the Company entered into
  an agreement to acquire all the operating assets of Scorpex, Inc. ("Scorpex") (an entity related by common control)
  in exchange for 105,000,000 shares of common stock and 10,000,000 shares of Series B preferred stock of the Company. Scorpex is
  majority owned and controlled by JPX Global, Inc.'s majority shareholder, Joseph Caywood. The Series B preferred stock is
  convertible into 10 shares of common stock and is entitled to vote ratably together with our common stockholders on all matters
  upon which common stockholders may vote.
  The acquired asset consists solely of a license
  agreement between Scorpex and Tratamientos Ambientales Scorpion, S.A. de C.V. (a corporation formed under the laws of Mexico) ("TAS").
  This license agreement with TAS has been assigned to JPX. TAS is a wholly owned subsidiary of Scorpex, and is, therefore, a common
  control entity. ASC 805-50-30-5 provides guidance on measuring assets and liabilities transferred between entities under common
  control. As these entities are under common control and the license agreement had no basis on Scorpex's books they are being
  acquired at their carry amounts (with no cost basis) on the date of transfer and, therefore, the transaction value is $-0-.
  Table of Contents
  9
  JPX Global, Inc.
  (Formerly Jasper Explorations Inc.)
  (A Development Stage Company)
  Notes to Financial Statements
  September 30, 2014
  Unaudited
  During the nine months ended September 30,
  2014, the Company issued 60,345 shares of common stock for the conversion of notes payable in the amount of $42,000.
  During the nine months ended September 30,
  2014, the Company issued 2,820,000 shares for cash in the amount of $282,000.
  During the quarter ended September 30, 2014,
  the Company issued an aggregate of 14,250,000 shares for consulting services rendered to the Company. The stock was recorded at
  the market value on the date of issuance in the amount of $13,482,500. The shares were issued to a shareholder of the company who
  also provides consulting services to the Company. The services consisted of the development of the license agreement and the corresponding
  permits related to the acquired assets described above.
  8. RELATED PARTY TRANSACTIONS
  During the nine months ended September 30,
  2014, a related party advanced the Company $40,804 for development, professional fees, and expenses. These advances are non-interest
  bearing and due on demand. The total balance due to related party as of September 30, 2014 and December 31, 2013 was $182,529 and
  $141,725, respectively.
  On January 6, 2014, the Company issued 1,000
  shares of Series A preferred stock as security for outstanding debts of the Company owed to its controlling shareholder Joseph
  Caywood. Although the preferred stock carries no dividend, distribution, liquidation or conversion rights, each share of Series
  A preferred stock carries one hundred thousand (100,000) votes, and holders of our preferred stock are able to vote together with
  our common stockholders on all matters upon which common stockholders may vote.
  On February 5, 2014, the Company entered into
  an agreement to acquire all the operating assets of Scorpex, Inc. ("Scorpex") (an entity related by common control)
  in exchange for 105,000,000 shares of common stock and 10,000,000 shares of Series B preferred stock of the Company. Scorpex is
  majority owned and controlled by JPX Global, Inc.'s majority shareholder, Joseph Caywood. The Series B preferred stock is
  convertible into 10 shares of common stock and is entitled to vote ratably together with our common stockholders on all matters
  upon which common stockholders may vote.
  The acquired asset consists solely of a license
  agreement between Scorpex and Tratamientos Ambientales Scorpion, S.A. de C.V. (a corporation formed under the laws of Mexico) ("TAS").
  This license agreement with TAS has been assigned to JPX. TAS is a wholly owned subsidiary of Scorpex, and is, therefore, a common
  control entity. ASC 805-50-30-5 provides guidance on measuring assets and liabilities transferred between entities under common
  control. As these entities are under common control and the license agreement had no basis on Scorpex's books they are being
  acquired at their carry amounts (with no cost basis) on the date of transfer and, therefore, the transaction value is $-0-.
  9. SUBSEQUENT EVENTS
  Subsequent to September 30, 2014, the Company
  issued 3,000,000 shares of common stock for consulting services rendered to the Company.
  The Company has evaluated subsequent events
  from the balance sheet date through the date the financial statements were issued and has determined that there are no other events
  that would have a material impact on the financial statements.
  Table of Contents
  10
  ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION
  AND RESULTS OF OPERATIONS
  The following
  discussion of the financial condition and results of operations of JPX Global, Inc. (hereafter, "JPEX", the
  "Company," "we," "our," or "us") should be read in conjunction with the
  Unaudited Financial Statements and related Notes thereto included herein. This discussion may contain forward-looking
  statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of
  1934, including, without limitation, statements regarding the Company's expectations, beliefs, intentions, or future
  strategies that are signified by the words "expects," "anticipates," "intends,"
  "believes," or similar language. Actual results could differ materially from those projected in the forward looking
  statements. Prospective investors should carefully consider the information set forth herein, and the Company cautions
  investors that its business and financial performance is subject to substantial risks and uncertainties.
  Overview
  On February 5, 2014, the
  Company entered into an agreement to acquire all of the operating assets of Scorpex, Inc., ("Scorpex") (an entity related
  by common control) a Nevada corporation, in exchange for 105,000,000 shares of Common Stock and 10,000,000 shares of Series B Preferred
  Stock. Scorpex is majority owned and controlled by JPX Global, Inc.'s majority shareholder, Joseph Caywood. Each share of
  Series B preferred stock is convertible into 10 shares of common stock and is entitled to vote ratably together with our common
  stockholders on all matters upon which common stockholders may vote. The acquired asset consists solely of a license agreement.
  We are now expanding our business to further develop our operations to capitalize on the opportunities available primarily in Mexico,
  in the integrated waste, and waste management service operations, including the receiving, storage, transfer and disposal of waste
  in an environmental manner. In providing these services, we intend to actively pursue projects and initiatives that we believe
  make a positive difference for our environment which will be focused on gasification of waste in an environmental manner. It is
  expected that our customer base will include commercial, industrial, municipal and residential customers, other waste management
  companies, electric utilities, and governmental entity properties. We are an exploration stage company and we have not realized
  any revenues to date. We do not have sufficient capital to enable us to commence and complete our exploration program. We will
  require additional financing in order to conduct the exploration program described herein." Our auditors have issued a going
  concern opinion, raising substantial doubt about the Company's financial prospects, and the Company's ability to continue
  as a going concern. As a waste management company, our principal sources of revenue will result from waste management contracts,
  but will also include revenue from ancillary services related to the handling and conversion of waste. Expenses which comprise
  the costs of goods sold include the operational and staffing costs of the trucks and other vehicles used for transporting and special
  licensing where required. General and administrative expenses have been comprised of administrative wages and benefits; occupancy
  and office expenses; outside legal, accounting and other professional fees; travel and other miscellaneous office and administrative
  expenses. Selling and marketing expenses include selling/marketing wages and benefits, advertising and promotional expenses, as
  well as travel and other miscellaneous related expenses.
  The acquired asset consists
  solely of a license agreement between Scorpex and Tratamientos Ambientales Scorpion, S.A. de C.V. (a corporation formed under the
  laws of Mexico) ("TAS"). This license agreement with TAS has been assigned to JPX. TAS is a wholly owned subsidiary
  of Scorpex, and is, therefore, a common control entity. ASC 805-50-30-5 provides guidance on measuring assets and liabilities transferred
  between entities under common control. As these entities are under common control and the license agreement had no basis on Scorpex's
  books they are being acquired at their carry amounts (with no cost basis) on the date of transfer and, therefore, the transaction
  value is $-0-.
  The future goal of the
  Company will be to develop a waste services division. The Company has modified its business plan to include the development of
  waste management services including the storage, recycling, and disposal of waste.  We expect to have revenues and adjust
  our classification as a development stage company to an operational stage company as sales are made.
  Table of Contents
  11
  Our ability to
  generate revenues during the year 2014 and beyond depends substantially upon the Company's resources available in order
  to develop and grow the integrated waste and waste management businesses. Such efforts require significant systems
  development, marketing and personnel costs, which, in turn, require substantial funding. If we are unable to obtain such
  funding, its ability to generate revenues will be significantly impaired and we may be unable to continue operations.
  Because the Company has
  incurred losses, income tax expenses are immaterial. No tax benefits have been booked related to operating loss carryforwards,
  given the uncertainty of the Company being able to utilize such loss carryforwards in future years. We anticipate incurring additional
  losses during the coming year.
  Results of Operations
  Following is management's
  discussion of the relevant items affecting results of operations for the three and nine month periods ended September 30, 2014
  and 2013.
  Revenues.
  For
  both the three and nine months ended September 30, 2014 and 2013, net revenues were $-0-. The Company expects to generate revenues
  with the acquisition of the waste management assets previously described. The Company hopes to commence operations during 2014.
  Consulting Fees.
  Consulting
  fees for three months ended September 30, 2014 were $13,482,500 compared to $198,033 for the three months ended September 30, 2013.
  Consulting fees for nine months ended September 30, 2014 were $13,701,500 compared to $2,541,783 for the nine months ended September
  30, 2013. During the nine months ended September 30, 2014 and 2013, the Company issued 14,250,000 and 1,875,000 shares, respectively,
  of common stock for services rendered to the Company. The shares were valued at market price as per ASC Topic 505-50-25-7 for financial
  statements purposes. During the nine months ended September 30. 2014, payments in the amount of $179,000 were made to Scorpex as
  they began to develop the waste management business.
  Professional Fees.
  Professional fees for the three months ended September 30, 2014 were $8,180 compared to $23,368 for the three months ended
  September 30, 2013. Professional fees for the nine months ended September 30, 2014 were $69,341 compared to $63,424 for the nine
  months ended September 30, 2013. Professional fees consist mainly of the fees for the review of the Company's financial statements
  of the prior quarter as well as the filings with the SEC. The Company anticipates that professional fees will increase commensurate
  with an increase in our operations.
  Other General and
  Administrative Expenses.
  Other general and administrative expenses for the three months ended September 30, 2014 were $345
  compared to $22,812 for the three months ended September 30, 2013. Other general and administrative expenses for the nine months
  ended September 30, 2014 were $7,711 compared to $24,902 for the nine months ended September 30, 2013. We expect that salaries
  and consulting expenses, that are cash- instead of share-based, will increase as we add personnel to build our waste management
  business.
  Other Income (Expense)
  .
  The Company had net other expenses of $-0- for the three months ended September 30, 2014 compared to $13,074 for the three months
  ended September 30, 2013. The Company had net other income of $2,252,956 for the nine months ended September 30, 2014 compared
  to net other expenses of $13,140 for the nine months ended September 30, 2013. Other expenses consist of interest expenses of $2,899
  and $13,140, respectively, for the nine months ended September 30, 2014 and 2013. Other income consists of the gain on change in
  fair value of derivative liability of $2,255,855 for the nine months ended September 30, 2014. The recorded income was a result
  of the payoff of the convertible notes payable during the nine months ended September 30, 2014.
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  12
  Liquidity and Capital Resources
  As of September 30, 2014,
  our primary source of liquidity consisted of $687 in cash and cash equivalents. Since inception, we have financed our operations
  through a combination of short term loans from related parties and through the private placement of our common stock.
  We have sustained
  significant net losses which have resulted in an accumulated deficit at September 30, 2014 of $16,609,472 and are currently
  experiencing a substantial shortfall in operating capital which raises doubt about our ability to continue as a going
  concern. Historically, we have funded operating expenses and our acquisition of mineral claim through advances from related
  parties. We anticipate a net loss for the year ended December 31, 2014 and with the expected cash requirements for the coming
  months, without additional cash inflows from an increase in revenues combined with continued cost-cutting or a receipt of
  cash from capital investment, there is substantial doubt as to the Company's ability to continue operations.
  There is presently no agreement
  in place with any source of financing for the Company and we cannot assure you that the Company will be able to raise any additional
  funds, or that such funds will be available on acceptable terms. Funds raised through future equity financing will likely be substantially
  dilutive to current shareholders. Lack of additional funds will materially affect the Company and its business, and may cause us
  to cease operations. Consequently, shareholders could incur a loss of their entire investment in the Company.
  ITEM 3.
  QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK
  As a smaller reporting
  company we are not required to provide this information.
  ITEM 4.
  CONTROLS AND PROCEDURES
  Management's Report on Disclosure
  Controls and Procedures
  We maintain disclosure
  controls and procedures that are designed to ensure that information required to be disclosed in our reports filed under the
  Securities
  Exchange Act of 1934
  , as amended, is recorded, processed, summarized and reported within the time periods specified in the
  Securities and Exchange Commission's rules and forms, and that such information is accumulated and communicated to our management,
  to allow for timely decisions regarding required disclosure.
  As of September 30, 2014,
  the end of our third quarter covered by this report, we carried out an evaluation, under the supervision of our Chief Executive
  Officer and Controller, of the effectiveness of the design and operation of our disclosure controls and procedures. Based on the
  foregoing, we concluded that our disclosure controls and procedures were ineffective as of the end of the period covered by this
  quarterly report because there was no segregation of the duties with only a sole member in our management team. Our board of directors
  has only one member. We do not have a formal audit committee.
  Management's Report on Internal Control
  over Financial Reporting
  Our management is responsible
  for establishing and maintaining adequate internal control over financial reporting (as defined in Rule 13a-15(f) under the Securities
  Exchange Act, as amended). In fulfilling this responsibility, estimates and judgments by management are required to assess the
  expected benefits and related costs of control procedures. The objectives of internal control include providing management with
  reasonable, but not absolute, assurance that assets are safeguarded against loss from unauthorized use or disposition, and that
  transactions are executed in accordance with management's authorization and recorded properly to permit the preparation of
  financial statements in conformity with accounting principles generally accepted in the United States. Our management assessed
  the effectiveness of our internal control over financial reporting as of September 30, 2014. In making this assessment, our management
  used the criteria set forth by the Committee of Sponsoring Organizations of the Treadway
  Table of Contents
  13
  Commission ("COSO") in
  Internal
  Control-Integrated Framework
  . Our management has concluded that, as of September 30, 2014, our internal control over financial
  reporting is ineffective in providing reasonable assurance regarding the reliability of financial reporting and the preparation
  of financial statements for external purposes in accordance with US generally accepted accounting principles. This quarterly report
  does not include an attestation report of the Company's registered public accounting firm regarding internal control over
  financial reporting. Management's report was not subject to attestation by the Company's registered public accounting
  firm pursuant to temporary rules of the Securities and Exchange Commission that permit the Company to provide only management's
  report in this quarterly report.
  Inherent limitations on effectiveness of
  controls
  Internal control over
  financial reporting has inherent limitations which include but is not limited to the use of independent professionals for
  advice and guidance, interpretation of existing and/or changing rules and principles, segregation of management duties, scale
  of organization, and personnel factors. Internal control over financial reporting is a process which involves human diligence
  and compliance and is subject to lapses in judgment and breakdowns resulting from human failures. Internal control over
  financial reporting also can be circumvented by collusion or improper management override. Because of its inherent
  limitations, internal control over financial reporting may not prevent or detect misstatements on a timely basis, however
  these inherent limitations are known features of the financial reporting process and it is possible to design into the
  process safeguards to reduce, though not eliminate, this risk. Therefore, even those systems determined to be effective can
  provide only reasonable assurance with respect to financial statement preparation and presentation. Projections of any
  evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes
  in conditions, or that the degree of compliance with the policies or procedures may deteriorate.
  Changes in Internal Control over Financial
  Reporting
  There have been no significant
  changes in our internal controls over financial reporting that occurred during the quarter ended September 30, 2014 that have materially
  or are reasonably likely to materially affect, our internal controls over financial reporting.
  PART II
  OTHER INFORMATION
  ITEM 1. LEGAL
  PROCEEDINGS
  On May 20, 2014, the Company
  was served a lawsuit regarding a dispute between two of its shareholders. The Company maintained that the plaintiff had no jurisdiction
  in this lawsuit and that the Company should not be named as a defendant. The lawsuit was dismissed by the court on August 30, 2014
  in favor of the Company.
  ITEM 1A. RISK FACTORS
  As a smaller reporting
  company, we are not required to provide the information required by this item.
  ITEM 2. UNREGISTERED
  SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
  On January 9, 2013, the
  Company issued 50,000 shares of restricted common stock for services rendered.
  On June 24, 2013, the Company
  issued an aggregate of 1,875,000 shares of restricted common stock for services rendered.
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  14
  On June 25, 2013, the
  Company issued a promissory note in the original principal amount of $47,000 ("Note") to a lender. The Note carries
  an interest rate of 8% per annum, and is due and payable in full at the maturity date, unless converted partially or in its entirety
  upon the election of the lender into fully paid and non-assessable shares of Common Stock of the Company at a 40% discount to the
  average of the three lowest daily trading prices as reported on the OTCQB for the ten trading days previous to the conversion date.
  On November 20, 2013,
  the Company issued a promissory note in the original principal amount of $23,750 ("Note") to a lender. The Note carries
  an interest rate of 8% per annum, and is due and payable in full at the maturity date, unless converted partially or in its entirety
  upon the election of the lender into fully paid and non-assessable shares of Common Stock of the Company at a 40% discount to the
  average of the three lowest daily trading prices as reported on the OTCQB for the ten trading days previous to the conversion date.
  On January 8, 2014, the
  Company converted into 21,552 shares of common stock a certain promissory note originally issued by the Company on June 25, 2013.
  On January 28, 2014,
  the Company converted into 21,552 shares of common stock a certain promissory note originally issued by the Company on June 25,
  2013.
  On February 5, 2014, the
  Company entered into an agreement to acquire all of the assets of Scorpex, Inc., a Nevada corporation (hereafter, "Scorpex"),
  in exchange for 105,000,000 shares of common stock of the Company (such transaction is hereafter referred to as the "Acquisition").
  Scorpex is a development stage waste disposal and recycling company, with the goal of storing and disposing all types of waste,
  including those classified as industrial, toxic, and hazardous.
  On February 14, 2014,
  the Company converted into 17,241 shares of common stock a certain promissory note originally issued by the Company on June 25,
  2013.
  On May 6, 2014, the Company
  issued an aggregate of 3,085,889 shares of restricted common stock to various contractors and consultants for services rendered.
  On May 19, 2014, the Company
  issued an aggregate of 1,120,000 shares of the Company's common stock at a purchase price per share of $0.10.
  On May 22, 2014, the Company
  issued 1,000,000 shares of the Company's common stock at a purchase price per share of $0.10.
  On May 27, 2014, the Company
  issued an aggregate of 100,000 shares of the Company's common stock at a purchase price per share of $0.10.
  On June 12, 2014, the Company
  issued 150,000 shares of the Company's common stock at a purchase price per share of $0.10.
  On June 13, 2014, the Company
  issued 100,000 shares of the Company's common stock at a purchase price per share of $0.10.
  On June 30, 2014, the Company
  issued 4,755,731 shares of restricted common stock to that certain consultant for services rendered.
  On July 9, 2014, the Company
  issued 4,000,000 shares of restricted common stock to a certain consultant for services rendered.
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  15
  On July 16, 2014, the Company
  issued an aggregate of 500,000 shares of the Company's common stock at a purchase price per share of $0.10.
  On August 7, 2014, the
  Company issued 10,250,000 shares of restricted common stock to that certain consultant for services rendered.
  On October 1, 2014, the
  Company issued 3,000,000 shares of restricted common stock to that certain consultant for services rendered.
  No solicitation was made
  and no underwriting discounts were given or paid in connection with these transactions. The Company believes that the issuance
  of shares and options as described above was exempt from registration with the Securities and Exchange Commission pursuant to Section
  4(2) of the Securities Act of 1933.
  ITEM 3. DEFAULTS UPON SENIOR SECURITIES
  None.
  ITEM 4. MINE
  SAFETY DISCLOSURES
  Not applicable.
  ITEM 5. OTHER
  INFORMATION
  Not applicable.
  ITEM 6. EXHIBITS
  The following
  documents are filed as exhibits to this Form 10-Q:
  INDEX TO EXHIBITS
  Number
  Exhibits
  3.1
  Amended and Restated Articles of Incorporation (incorporated by reference from our report on form 8-K filed on January 9, 2013).
  3.2
  Amended and Restated Bylaws (incorporated by reference from our report on form 8-K filed on January 9, 2013).
  31
  Certification by Chief Executive Officer, James P. Foran, pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
  .
  32
  Certification by Chief Executive Officer, James P. Foran, pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
  .
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  16
  SIGNATURES
  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
  thereunto duly authorized.
  JPX GLOBAL, INC.
  Date:
  November 12, 2014
  By:
  /s/ James P. Foran
  __________________
  James P. Foran
  Chief Executive Officer
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  17