Wow awesome DD on EGYH my friend! We got a real GEM here!
QUOTE
Power Plant Project:
450 MW Combined Cycle Power Plant in Bangladesh. Energy
Holdings International (EHII) reached an agreement and sold 35% of the project for 4 million USD
payable upon the completion of the Power Purchase Agreement that is expected to be completed in 60
days or less.
Middle East Power Projects:
-- continues its relations with GE in developing Middle East Power projects
Oil and Gas Interests:
--- pursuing its initial
goal of acquiring oil and gas assets within North and South America, among other areas of interest.
--- established EnergyVest 1 for the benefit of the Joint Venture with Rasan Energy Holding Company (K.S.C.) whereby Rasan will provide $60 million USD investment funds for the acquisition of proven oil and gas properties in the United States and Canada. The joint venture will be owned 50/50 between Energy Holdings International, Inc. and Rasan Energy Holding and will be jointly owned and operated via the new holding company EnergyVest
Saudi Princes on BOD
Energy Holdings International, Inc. is an American Saudi company with two members of the
Saudi Royal Family being active board of directors members. EHII has offices in Houston, Texas; Dubai,
UAE and Riyadh, Saudi Arabia.
$6/Share Valuation:
Energy Holdings International, Inc. also received an independent third party company stock value
evaluation based upon the completion of the PPA and IA. By applying a very conservative P/E multiple
of 10X earnings of $25 million annually based on the economics of a third party engineering firm, the
estimated stock price is projected to be approximately $6 USD with additional upside with the completion
of construction stated Mr. Jalal Alghani, Vice-Chairman and C.F.O.
Share BuyBack
BOD is contemplating a buyback of stock based on the low price of its stock price and its planned future acquisitions.
Rumors of more projects in development.
