3Power Energy Group Inc (PSPW)

[Ossan]

There was nothing in the 10q that referred to falaknaz holding, but in the 10K there was.
On July 8, 2014, the Company issued 20,330,996 shares of common stock to certain entities designated by Falak Holding in satisfaction of outstanding loan of $357,825.53 at the conversion price of $0.0176 per share.
Even if they gave them those shares, we don't know for certain that they will be worth anything. Those entities could cash out at 0.2 or even at 0.03 cents and still make a good profit from their loan. Only time will tell imo


No news or signs of any kind regarding a replacement engineer or the World class Indian Engineering group Bharat Heavy Electricals Ltd. which makes me think they are A keeping everything hushed to the highest level ( don't know why they would do something like that) or B there is absolutely nothing going on and this is just a dummy corporation. Again only time will tell.