3Power Energy Group Inc (PSPW)

[sctts]

I believe there is a lot going on behind the scenes that will determine what direction PSPW goes.
NoDummys review leaves out many items,
Seawind and Rudana agreed upon terms to roll their assets into 3Power. Rudana has since dissolved, and their assets apparently with them.
The 10Q listed only Seawind assets, where were the Rudana assets in the 10Q? If Rudana did not contribute to this company, or if the agreed upon contribution is not met in full, they might not get the full amount of their shares.
Viewpoint was overpaid, I would consider it loansharking, and again, if promises madde in the original agreement are not fulfilled, the share amounts may be altered.
No concrete valuation can be made until the status and value of the Rudana assets are determined.
I for one, do not believe the British lads of Seawind would turn over 60% of their company for nothing!
This will be interesting, although interesting is not exactly what I signed on for here.
:)