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Buddy, do you think we will hear good news this month ?
From another source
Our day is close is close for a Peace of mind after all these years. best to all the longs!
During the "head-to-head" meeting with the president of the United Emirates, the topic of discussion is revealed
WRITTEN BY SOT.COM.AL
14 FEB 2024
The head of the government, Edi Rama met with the president of the United Emirates, Muhammed Bin Zayed Al Nayan in Abu Dhabi.
The Prime Minister stated that during the meeting the progress of strategic projects in the field of energy, tourism, infrastructure and security was discussed.
As he revealed that the free trade agreement will be signed soon.
"Honored by the friendship and hospitality at the home of the President of the United Emirates, Muhammed Bin Zayed Al Nayan, with whom we talked about the progress of major strategic projects in the fields of energy, tourism, infrastructure, security, as well as the trade agreement free that we will sign soon", writes Rama.
https://sot.com.al/english/politike/rama-takim-koke-me-koke-me-me-presidentit-e-emirateve-te-bashkuara-zbar-i643175
Sincerely wish we loyal longs will get our big deserved reward this month. Mr. Falak show us the money. Go, PSPW ! ! ! 👍️
Glad to see a lot of our loyal longs are still here. We will be greatly rewarded very very soon. Go, PSPW ! ! !
Nice to see some old faces! We’re all either the smartest ones or…
Right here, feb./2011 and loaded heavy with shares. If this lottery ticket hits , a major life changer.
Wish the patience of us the loyal longs will be paid off big time this month. Go, go, go, PSPW ! ! !
Hopefully we meet all criteria soon with updated Filings and uplift as they stated years ago.
How Does a Stock Move From OTC to a Major Exchange?
https://www.investopedia.com/ask/answers/08/otc-nyse-nasdaq.asp
By KEN CLARK Updated December 04, 2021
Reviewed by CHIP STAPLETON
Fact checked by MARCUS REEVES
Over-the-counter markets can be used to trade stocks, bonds, currencies, and commodities. This is a decentralized market that has, unlike a standard exchange, no physical location. That's why it's also referred to as off-exchange trading. There are many reasons why a company may trade OTC, but it's not an option that provides much exposure or even a lot of liquidity. Trading on an exchange, though, does. But is there a way for companies to move from one to the other?
Read on to find out more about the difference between these two markets, and how companies can move from being traded over-the-counter to a standard exchange.
KEY TAKEAWAYS
Over-the-counter securities are not listed on an exchange, but trade through a broker-dealer network.
Companies can jump from the OTC market to a standard exchange as long as they meet listing and regulatory requirements, which vary by exchange.
Exchanges must approve a company's application to list, which should be accompanied by financial statements.
Some companies choose to move to get the visibility and liquidity provided by a stock exchange.
OTC vs. Major Exchange: An Overview
Over-the-counter (OTC) securities are those that are not listed on an exchange like the New York Stock Exchange (NYSE) or Nasdaq. Instead of trading on a centralized network, these stocks trade through a broker-dealer network. Securities trade OTC is because they don't meet the financial or listing requirements to list on a market exchange. They are also low-priced and are thinly traded.
OTC securities trading takes place in a few different ways. Traders can place buy and sell orders through the Over-the-Counter Bulletin Board (OTCBB), an electronic service offered by the Financial Industry Regulatory Authority (FINRA).
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There is also the OTC Markets Group—the largest operator of over-the-counter trading—which has eclipsed the OTCBB. Pink Sheets is another listing service for OTC penny stocks that normally trade below $5 per share.
Securities listed on major stock exchanges, on the other hand, are highly traded and priced higher than those that trade OTC. Being able to list and trade on an exchange gives companies exposure and visibility in the market. In order to list, they must meet financial and listing requirements, which vary by exchange. For instance, many exchanges require companies to have a minimum number of publicly-held shares held at a specific value. They also require companies to file financial disclosures and other paperwork before they can begin listing.
Mechanics of Moving
It isn't impossible for a company that trades OTC to make the leap to a major exchange. But, as noted above, there are several steps it must take before they can list.
Companies looking to move from the over-the-counter market to a standard exchange must meet certain financial and regulatory requirements.
The company and its stock must meet listing requirements for its price per share, total value, corporate profits, daily or monthly trading volume, revenues, and SEC reporting requirements. For example, the NYSE requires newly listed companies to have 1.1 million publicly held shares held by a minimum of 2,200 shareholders with a collective market value of at least $100 million.
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Companies that want to list on the Nasdaq, on the other hand, are required to have 1.25 million public shares held by at least 550 shareholders with a collective market value of $45 million.
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Second, it must be approved for listing by an organized exchange by filling out an application and providing various financial statements verifying that it meets its standards. If accepted, the organization typically has to provide written notice to its previous exchange indicating its intention to voluntarily delist. The exchange may require the company to issue a press release notifying shareholders about this decision.
While a lot of fanfare may occur when a stock is newly listed on an exchange—especially on the NYSE—there isn't a new initial public offering (IPO). Instead, the stock simply goes from being traded through the OTC market to being traded on the exchange.
Depending on the circumstances, the stock symbol may change. A stock that moves from the OTC to Nasdaq often keeps its symbol—both allowing up to five letters. A stock that moves to the NYSE often must change its symbol, due to NYSE regulations that limit stock symbols to three letters.
Why Switch Stock Exchanges?
There are a variety of reasons why a company may want to transfer to a bigger, official exchange. Given its size, companies that meet the requirements of the NYSE occasionally move their stock there for increased visibility and liquidity. A company listed on several exchanges around the world may choose to delist from one or more in order to curb costs and focus on its biggest investors. In some cases, firms have to involuntarily move to a different exchange when they no longer meet the financial or regulatory requirements of their current exchange.
A Dow-Inspired Departure
Although the NYSE may seem like the pinnacle for a publicly-traded company, it may make sense for a company to switch exchanges. For example, Kraft Foods, once one of the 30 companies in the Dow Jones Industrial Average, voluntarily left the NYSE for the Nasdaq, becoming the first DJIA company ever to do so. At the time of the move, Kraft was planning to separate into two companies. That decision, coupled with the Nasdaq's significantly lower fees, prompted the switch.
For most companies, however, the marriage to an exchange tends to be a lifetime relationship. Relatively few companies voluntarily jump from one exchange to another. Charles Schwab is an example of a company moving back and forth between the NYSE and the Nasdaq.
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Delisting
Delisting occurs when a listed security is removed from a standard exchange. This process can be both voluntary or involuntary. A company may decide its financial goals aren't being met and may delist on its own. Companies that cross-list may also choose to delist their stock from one exchange while remaining on another.
Involuntary delistings are generally due to a company's failing financial condition. But there are other reasons why a stock may be forced to delist. If a company shuts down, goes through bankruptcy, merges or is acquired by another company, goes private, or fails to meet regulatory requirements, it may be required to delist involuntarily. Exchanges will normally send a warning to the company before any action is taken to delist.
Seems our big winning day is very close. Drop that bomb please, Mr. Falak. Go, go, go, PSPW ! ! !
Amen to that!!
Just wait until PSPW is moving $1/day or multiple $$ in a day! Talk about a mind blowing experience that’ll be! For most of us.
The Company is not required to file Current and Periodic Reports with the U.S. Securities and Exchange Commission and the Company’s status as a voluntary filer may have consequences for investors’ ability to access relevant and timely information about the Company.
The Company is a “voluntary filer” with the U.S. Securities and Exchange Commission. This means that the Company is not required to file Current and Periodic Reports with the U.S. Securities and Exchange Commission. The Company is not a fully reporting company that is subject to review under Section 408 of the Sarbanes-Oxley Act of 2002. Furthermore, the Company is not subject to the going private rules and certain tender offer regulations, and the beneficial holders of the Company’s securities do not need to report on acquisitions or depositions of the Company’s securities or their plans regarding their influence and control over the Company. Therefore the Company’s status a voluntary filer reduces investors’ rights to access significant information regarding the Company and its controlling shareholders.
https://last10k.com/sec-filings/pspw/0001144204-12-039689.htm
"We believe in the success of 3Power and we will continue our support to the company," said Mohammed Falaknaz, chairman of 3Power and vice president of Falak Holding
This is a vote of trust in our company future and business plan.
New Interview with Mr.Falaknaz (view 36 minutes into)
https://www.youtube.com/watch?v=m3tVFks20kQ
3Power Energy Group Subsiduaries
Shala Energy PLC (Majority owned 75.3% by PSPW as of 11.6.2017 per Ireland Filing 2/5/2018)
3 Power Shala Sh.p.k (Majority owned 80% by Shala Energy PLC)
3Power Energy Group Subsiduaries Flow Chart
| Shares Outstanding | 286,301,430 | a/o June 1, 2018 |
| Authorized Shares | 300,000,000 | a/o June 1, 2018 |
| Public Float Estimate | 21-28 million shares |
http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001221554&type=&dateb=&owner=include&count=100
Nevada SOS Entity Details (Actively Registered)
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=edQVDEOyd14Pu94MlD0CQA%253d%253d&nt7=0
http://www.otcmarkets.com/stock/pspw/
Disclaimer - the moderators of this board are not registered financial advisors and are not recommending the securities of this company to purchase or to sell, and may hold positions bought in the open market, which we may liquidate without notice from time to time. Please do your own due diligence, and make your own investment decisions. These are opinions based on data collected from publically available sources throughout the world. We are not responsible for losses or gains and recommend getting professional advice if needed.
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