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Qualibou Energy (QALB)

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Formerly PWRC

Here is the link to their website:          http://www.qualibouenergy.com/

 

Overview

Qualibou Energy, Inc. is a renewable energy development company. Our current priority is the development of the geothermal resource on the Caribbean island of Saint Lucia. The company, through subsidiary UNEC Holdings Inc., has an exclusive development contract with the Government of Saint Lucia to develop a potential 150 Megawatts in the Sulphur Springs area. 

History

UNEC Holdings Inc was incorporated in British Columbia in 2003, and obtained the rights to develop the Saint Lucia resource in 2004. In 2008 UNEC was acquired in a reverse takeover transaction with Qualibou Energy, Inc., a Delaware company listed on the OTC Pink Sheets (QALB.PK).

Mission & Vision Statement

Mission Statement

To become a leader in the financing and development of non-polluting, sustainable energy solutions world wide.

Vision Statement

To make Earth a better place on which to live by satisfying Society’s insatiable demand for power by harvesting Earth’s natural sources of energy in the production of electricity for the world grid.

Objectives

  1. Commence generation of first 12MW in 2012.
  2. Expand generation capacity to 42MW by 2013.
  3. Expand generation capacity to 102 MW by 2015.
  4. Achieve recurring EBITDA of $90 million by 2015

Organizational Values

  1. Transparency in all dealings with key stakeholders
  2. To be a fair and equitable employer developing regional work forces
  3. Commitment to low environmental impact using the highest standards.
  4. Collaborative approach to project execution utilizing outside expertise

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The Management team is comprised of Stephen Baker, Keith Andersen and Brian Heard with technical expertise provided by renowned geothermal consultants, GeothermEx, Inc.  The team is highly motivated, experienced and well qualified to take advantage of the opportunity.

Brian Heard, Chairman
Mr. Heard, 59, has served as a director of both private and public startup companies.  He is currently Managing Partner of Magma Capital Partners, a venture building company with a focus on arranging initial and ongoing financing for renewable energy and technology-based companies. Previously, Brian founded Optica Communications Inc., a company in the fiber optic networking business. Prior to that, Brian founded ICN Communications, Inc., a company in the international long distance business using Voice over Internet Protocol (VOIP) technology.  Brian has a background in high technology management and sales and studied Honors Mathematics at the University of Alberta.

Stephen Baker, President, Director
Prior to Qualibou, Mr. Baker started and built up a major data communications Company in Canada, Integrated Network Services Inc. Following the sale of the Company to Sprint Canada in 1994, Steve stayed at Sprint as Vice President Technology. In 1999 Steve joined the team at World Wide Fiber and was responsible for the business planning and execution of the build out of the fiber optic network deployment.  For the initial year he managed Sales and Marketing, Engineering services with overall management of a budget in excess of US$1billion. As the company was involved in fund raising for the renamed enterprise (360Networks) he was an integral member of the team that raised first US$500million, then US$2 billion.

Keith Andersen, CFO
Mr. Andersen has a strong finance and accounting background with over 15 years of public company knowledge in both Vice President and CFO roles. Keith serves as CFO of Stolaris Aviation Ltd. And was previously CFO of A.O.G. Air Support  Inc.  Prior to that Keith was Partner and Vice President of  Great Food and Company, Inc.

Doug Thomas, Director
Mr. Thomas is President of Rival Technologies Inc., and Managing Director of TRU Oiltech Inc., an energy technology company developing proprietary processes for upgrading heavy crude oil . Doug is also President of Internet-IR Services Inc., a private investor relations consulting firm. His marketing background, spanning thirty years, brings extensive international experience to the company, gained from markets in North and South America, Russia, China and Australia.

 

LATEST NEWS:

Qualibou Energy Inc., Appoints Auditor

Wednesday, November 3rd, 2010 | General, Press Releases | No Comments

FOR IMMEDIATE RELEASE
Qualibou Energy Inc., Appoints Auditor

HENDERSON, Nevada., November 3, 2010 - Qualibou Energy Inc. (OTCPK:QALB) today announced that it has engaged Saddler, Gibb & Associates, LLC, a Public Company Accounting Oversight Board member firm (www.pcaobus.org), to act as auditor to the company and to audit its financial statements for 2006, 2007, 2008 and 2009.
The hiring coincides with the Company’s plan to return to fully reporting status with the SEC during the first quarter of 2011 and to list its shares for trading on the NASD Over-The-Counter Bulletin Board.

Stephen Baker, President & CEO of Qualibou Energy, stated “We are moving forward with our plans to implement corporate governance standards that are consistent with public companies in anticipation of becoming a fully reporting company,”. He continued, “Engaging Saddler, Gibb & Associates, L.L.C, a firm with significant public company auditing experience is a positive step in meeting the corporate governance standards we have set for the company.”
Qualibou Energy Inc. is an emerging renewable energy company with a growth strategy emphasizing greenfield developments. The company’s first geothermal concession is located on St Lucia and has a development goal of 120 Megawatts. The Company’s proven and probable reserves are 170 Megawatts or 60.1 million barrels of oil equivalent (BOE).

‘On behalf of the Board of Directors’
Stephen Baker

President & CEO
Qualibou Energy Inc.

For further information about the company, please visit our website at www.qualibou.com.

Investor Contact:
Qualibou Energy, Inc
Investor Relations
(702) 990-1984

Safe Harbor: Statements regarding financial matters in this press release other than historical facts are “forward-looking statements” within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such statements about the Company’s future expectations, including future revenues and earnings, technology efficacy and all other forward-looking statements be subject to the safe harbors created thereby. The Company is a development stage company who continues to be dependent upon outside capital to sustain its existence. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company’s actual results may differ materially from expected results.

 

QUALIBOU is targeting markets that possess the potential to construct energy production facilities from wind, solar and geothermal sources into markets that need to reduce the carbon footprint and high cost of fossil fuel plants.

The ideal prospect is a smaller development that is typically bypassed by the major energy companies but is otherwise an excellent opportunity within a stable economy and a local government that is receptive to improving the energy infrastructure.

The company plans to develop a number of geothermal power generation facilities throughout the Eastern Caribbean.

 

Current Projects:

 

 

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#40   Looks like this is getting ready for a sushi1 03/21/11 12:41:50 PM
#39   This is definitley on my radar, I would sushi1 03/16/11 11:25:44 AM
#38   As stated before confirmation of the funding out sushi1 03/14/11 09:29:44 AM
#37   It appears they now have the funds and sushi1 03/10/11 11:44:57 AM
#36   Sigh! Charlize Dakota 03/08/11 07:40:44 AM
#35   I agree, this stock is currently undervalued and sushi1 03/02/11 05:01:40 PM
#34   qalb.otc company had serious volitle week volume otczeus 02/26/11 11:47:03 PM
#33   QALB this bad boy needs a big shot The Paper Chaser 01/11/11 08:41:22 AM
#32   Look for this to make a climb upward The Paper Chaser 01/07/11 09:22:13 AM
#31   This stock should be soaring, it's cold and Charlize Dakota 01/07/11 08:42:40 AM
#30   Hello All. What the heck happened here!?!?! moe-n-eze 12/27/10 05:34:14 PM
#29   Look for this to start trading steadily throughout The Paper Chaser 12/23/10 08:54:45 AM
#28   QALB 66,300 in volume...a great day for movement The Paper Chaser 12/15/10 03:57:07 PM
#27   QALB a buy of 1000 @ .08 just The Paper Chaser 12/15/10 03:55:40 PM
#26   65,300 in volume..good to see this picking up..small The Paper Chaser 12/15/10 02:14:42 PM
#25   64k in volume and back to .09 ! The Paper Chaser 12/15/10 01:42:26 PM
#24   volume is here (61k)..now the buying needs to The Paper Chaser 12/15/10 01:16:34 PM
#23   Buying starting...nice to see this get some traction The Paper Chaser 12/15/10 12:25:50 PM
#22   nice volume to day as more people get The Paper Chaser 12/15/10 11:24:06 AM
#21   Keep your eyes on it ...this is going The Paper Chaser 12/15/10 11:08:47 AM
#20   QALB is quiet... what up wit that? Charlize Dakota 12/14/10 08:45:24 AM
#19   QALB would like to see this do something The Paper Chaser 12/09/10 09:46:41 AM
#18   I agree...the seller appears to be out of The Paper Chaser 11/22/10 04:58:59 PM
#17   looks like there was a big seller that midnightexpress 11/22/10 10:22:11 AM
#16   It's up over 65% so i'll take it !! The Paper Chaser 11/15/10 11:57:47 AM
#15   HI guys!! Recently, it has promoted by Digra Ive 11/13/10 02:08:11 PM
#14   IBOX is updated to show some info..i'll do The Paper Chaser 11/11/10 08:38:04 AM
#13   Yep! I like this stock and think it The Paper Chaser 11/11/10 08:28:10 AM
#12   Paper you mod'in and watching the news for this? Charlize Dakota 11/10/10 01:37:57 PM
#11   Hopefully this stock can get noticed and I The Paper Chaser 10/22/10 10:19:18 AM
#10   I'm going to apply for the moderator on The Paper Chaser 10/22/10 10:18:17 AM
#9   Any energy co coming in to the winter The Paper Chaser 10/22/10 10:17:27 AM
#8   Definitely an interesting stock here..It's caught my interest The Paper Chaser 10/22/10 10:16:39 AM
#7   News out this morning for Qualibou Energy (OTC: mobiman77 07/29/10 09:56:47 AM
#6   This is QLBU mineola500 06/22/08 06:33:38 PM
#5   Hello friends here..What is Qualibou about? It seems Starnes 06/14/08 01:27:36 AM
#4   between this and VBLU I look GOOD! fredjet 06/12/08 11:46:08 AM
#3   HELLO PremierStocks 06/11/08 02:15:24 PM
#2   Watching here as well. AngusYoung 02/28/08 10:26:08 AM
#1   QLBU:With 87K OS it bears keeping a very flight505 02/28/08 01:34:06 AM
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