3Power Energy Group Inc (PSPW)

[enthalpy]

Major Insiders of 3Power
Falak Holdings Group and related entities owns an estimated 115,043,292 shares and has advanced cash of $5,350,746.

CEO (also involved with Falak Holding Group management) and former CEO own a combined 12,219,091 shares issued for accrued salary and/or money provided.

Capital Trust Holding AG and its affiliates own 15,000,000 shares for the updated feasibility study costing $600,000 for the hydro dams.

Total money and share ownership combined
To sum it up the insiders bet $5,950,746 minimum plus own about 142,262,383 shares representing approximately 142,262,383/249,949,923 or 56.9% of the company.

This tells me that they not only have $6 million in cash bet but they also own majority of the company and in the end will take this forward for their own benefit and financial gain and on their own time schedule.

You impatient shareholders can sell or you can criticize my analysis but I am confident in my estimates. Do your own DD it only took me an hour to do this and read the financial filings.

In the end you should ask yourself why would they want to have this many shares??? And why would they bet over $6 million dollars and not expect a pay back???