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Finally found the next big runner!!!
Well.. didn't just find it but now is the time
Been loading for a while
GEAR will surprise many people
Explosive...
Got UNGS?
I know I do
GEAR KING PSPW
Which one will go first???
GEAR is looking nice and thin
With any kind of volume she'll blow!
Thanks, GL to you too
Mr Campo is very Transparent Give him a call or come and visit VSUT Board and don't forget to mark it GL
GEAR is looking interesting. Let's see if it holds its gains!
These guys know where the money's at!
Glad their on our team!
PSPW 8K Oct 26
Item 5.02:
Departure of Directors or Certain Officers; Election of Directors; Appointment of C ertain Officers; Compensatory Arrangements of Certain Officers
Resignation of Toby Durrant as Chief Executive Officer, Chief Financial Officer and Member of the Board
Effective as of October 19, 2011, Mr. Toby Durrant has resigned as the Chief Executive Officer, Chief Financial Officer, Chief Investment Officer and as a Member of the Board (the “Board”) of 3Power Energy Group Inc. (the “Company”).
Mr. Durrant has not expressed any disagreement with the Company on any matter relating to the Company’s operations, policies or practices.
Appointment of Umamaheswaran Balasubramaniam as Chief Executive Officer
Effective as of October 19, 2011, Mr. Umamaheswaran Balasubramaniam (“Bala”) has been appointed as the Company’s Chief Executive Officer. He has served as a member of the Company’s Board since September 12, 2011.
Bala majored in economics and is qualified as a chartered accountant. He is a life member of the Cornell society of hotel men, an association of Cornell University. He brings into the company 35 years’ major experience and top level relations especially in the Middle East and Asia as well as a distinguished expertise in developing and managing mega-size projects. This varies from overseeing major projects to managing start-up ventures from inception to operational assignments.
Until recently, Bala served as Chief Executive Officer and member of the executive committee of Dubai Sports City, the world's first purpose-built integrated sports city having joined at its inception in 2003. Key responsibilities involved overseeing the project management, development and prompt delivery of the $3.6 billion project.
Before joining Dubai Sports City, he was Group General Manager and Chief Operating Officer of The Gulf International Tourism Development Company, overseeing hotels, real estate and mergers & acquisitions, from June 1983. This leading role involved managing existing assets and pursuing business opportunities mainly in the United Arab Emirates and partly in the Gulf and Europe, focusing on acquisitions.
Prior to 1983, Bala was Head of Finance for Development with the ITC LTD (formerly the Imperial Tobacco Company), in collaboration with SHERATON in India. Working for the Development Division of the organization, he oversaw a number of hospitality-based projects - from the Greenfield stage right through to preparation for handover to operators.
The Company has determined that Mr. Balasubramaniam’s previous experience in managing multi-billion dollar projects and as a businessman provide him with the skills and contacts necessary to serve as an officer and director.
The Company previously agreed that Mr. Balasubramaniamshall be compensated for his services as a director in the amount of $2,000 per month, plus an option grant to purchase 50,000 shares of the Company’s common stock with an exercise price per share equal to the market value of the Company’s common stock per share on the date of such grant. No changes have been made to his compensation at the current time.
2
Appointment of Shariff Rehman as Chief Financial Officer
Effective as of October 19, 2011, Mr. Shariff Rehman has been appointed as the Company’s Chief Financial Officer. He has served as a member of the Company’s Board since September 12, 2011.
Mr. Rehman is currently the CEO of the Falak Holding Group of companies, a Dubai based group involved in several diversified business sectors including as the initiator and a major shareholder of the $3.6 Billion Dubai sport city project - the world’s largest sports themed real estate project.
A graduate major in commerce from Kerala University in India, he joined the Falaknaz Holding Group at its inception 36 years ago and has been the driving force behind the group’s projects - from the startup stage through to full operation. He remains the personal investment and business advisor to Mr. Falaknaz and family, a prominent Dubai-based high net worth entrepreneur and the founder & owner of the Falak Holding Group.
Mr. Rehman brings to the company valuable expertise as an entrepreneur and senior executive with a history of involvement in multi-billion dollar projects. He also brings a well-established network of relationships in the affluent communities of the Arabian Gulf region and India.
In addition to his long-standing work with the Falak Holding Group, he is also the Founder and managing partner of International Expo Consults, one of the Middle East’s leading exhibition and trade show organizers established in 1994, as well as Chairman and owner of a $25 million turnover business in India which he founded 20 years ago. Mr. Rehman is also known as Shereef Mohammed Haneefa Rehuman.
The Company has determined that Mr. Rehman’s extensive business experience and his key relationships within the Middle East and India have provided him with the skills necessary to serve as an officer and director.
The Company previously agreed that Mr. Rehman shall be compensated for his services as a director in the amount of $2,000 per month, plus an option grant to purchase 50,000 shares of the Company’s common stock with an exercise price per share equal to the market value of the Company’s common stock per share on the date of such grant. No changes have been made to his compensation at the current time.
Appointment of James Wilson to the Board
On October 19, 2011, Mr. James Wilson was appointed to the Board. Since 2001, Mr. Wilson has served as the co-founder, chief executive officer and director of Seawind Energy Limited (“Seawind Energy”) and Seawind Services Limited (“Seawind Services” and together with Seawind Energy, the “Seawind Companies”). Prior to such positions, he worked as a Production and Mechanical Engineer in the marine, shipping and defense sectors in various capacities. He received his MBA in 1994 from Henley Management College.
The Company has determined that Mr. Wilson’s previous experience in managing energy projects have provided him with the skills and contacts necessary to serve as a director.
On May 13, 2011, the Company entered into a Stock Purchase Agreement with the Seawind Companies and the shareholders of Seawind Energy (the “Seawind Group Shareholders”). The Company has acquired Seawind Energy, and its wholly owned subsidiary Seawind Services, from the Seawind Group Shareholders in exchange for the issuance of 40,000,000 restricted shares of the Company’s common stock (such acquisition is referred to herein as the “Seawind Acquisition”). The valuation for purposes of such acquisition was determined to be $2,400,000 on the basis of an understanding between the Company and the representatives of the Seawind Companies as of January 25, 2011, with the number of shares to be issued thereof calculated by reference to the publicly quoted closing price of the Company’s Common Stock on January 25, 2011. The Seawind Companies have become wholly owned subsidiaries of the Company.
The Company is currently negotiating compensation arrangements with Mr. Wilson. The Company has not yet determined on which committees of the Board Mr. Wilson will serve.
3
Appointment of Mohammed Falaknaz to the Board
On October 19, 2011, Mr. Mohammed Falaknaz was appointed to the Board. Mr. Falaknaz is currently the vice president and spokesperson of the Falak Holding Group (prominent Dubai based family investment company and major shareholder in the Dubai Sport City multi-billion dollar project) and the president of the UAE national Rugby Association. Mr. Falaknaz has initiated and led local and international events for the Falak Holding Group and the UAE rugby association. Mr. Falaknaz received a degree in computer science from the University of Nebraska. The Company has determined that it will benefit from Mr. Falaknaz’s expertise, knowledge and relationships in the Arabian Gulf and Middle East region as a member of the Board.
The Company has not yet determined on which committees of the Board Mr. Falaknaz will serve. No decisions have been made regarding Mr. Falaknaz’ compensation at this time.
PSPW 8K Oct 26
PSPW, I couldn't help but add some more!
These levels are such a bargin. Know what you own
PSPW is my largest holding.
For me this is a long term hold as of now.
In the OTC things can change in an instant.
The next few months are crucial and shall be interesting.
Management needs to communicate better and finally hire that IR firm that they spoke of so long ago.
It seems PSPW got off track for a bit with the whole financing debacle but the company appears to be getting back on track.
I am considering the reappointment of Toby as CEO the new beginning of the merger lol. The finance guys really seemed to have set us back. This company is still in its infancy so I am going to be patient with it. It will be interesting to see how the market reacts once the 'E' gets taken off. I think some people were not able to sell because of the symbol change but I cannot verify that.
All this is JMHO. GLTY!
whats your take on-pspw?
I was wondering why it has been trending down also. I'm pretty sure todays action was traders unloading there shares because of the 8K that was put out today.
Theoretically, good companies trend down for many different reasons such as: some one unloading a large number of shares, lack of exposure, dilution, manipulation, MMs looking for an active trading level, or a lot of people jumping ship and cutting their losses. You never know in the penny world. (I'm not claiming any of these things for PUBM nor do I know enough about the company to evaluate it.) People love to scream "manipulation" but it is often just the penny minded traders selling their shares. Trust no one on these boards and do your own DD. Don't drink the Kool-Aid these other iHubbers are giving you bud.
You might want to call the TA and check on the outstanding share count to confirm that there is no dilution.
Also every penny stock needs exposure to have the PPS move the right way. Preferably from meaty PRs, filings, and traders spreading the word and not from a pump.
hey stacks i was just trying to figure out what the heck was going on with the pps of pubm-i cant figure out why it keeps going down!
it seems like someone is manipulating it!
if you even have any ideas i would like to hear them...i bought at .18! and the business looks good!
do you think someone is trying to load cheap? thanks
yeah, thats no lie there bro .. snakes and sharks in every pond and corner
It's never safe in the OTC lol
Always gotta watch your back!
Hmmm... PUBM
Took a quick look at the board, chart, and otcmarkets.com and I like what I see.
I will dig deeper and do my own DD.
Thanks for the heads up bud.
we need to talk bro.
pubm-do some dd on it. go read the board and think about it.
it looks like a solid investment-not sure if bottom is in but close-it looks like a longer term hold- it will probably take awhile to get back to $4.75 but i do believe it will get back to that point and looking at where coinstare pps is-PUBM COULD GO WAY HIGH!
IM REALLY NOT TRYING TO PUMP THIS-I DON'T CARE IF YOU BUY OR NOT-
GL-
THIS IS NOT INVESTMENT ADVICE AND YOU COULD LOSE ALL YOUR MONEY!
Scooped up some more PSPW cheapies in the 40s on Friday!
Life is good :D
PSPW - Looking for a good week here. Patience
sthg...warming up...get your tickets soon!
I haven't been trading much this summer. Just holding a few gems lol.
How've you been bud?
Hows everyone doing here? Been super busy at work lately!
GTGP - A little disappointed that a cheap paid promo campaign started this morning.
I hate it when someone pays to drop their load.
STTN had a nice day indeed!
STTN having a nice day so far :)
Just patiently waiting for my stocks to breakout
PSPW
STTN
GTGP
HASC next resistance is $0.043, break that then it goes. Support @ $0.03
Patience...
"The stock market is designed to transfer money from the active to the patient." ~ Warren Buffett
sthg----waiting for news- hit .0006 today!!!!
CHECK OUT MARKETFRIENDS
http://www.marketfriends.com/
OWNED AND RUN BUY STHG!!!!!!!!!!
JUST NEED`S TRAFFIC
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