Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Well he’s got a photo on social media of himself and AR that says “dad.” But who really knows.
I think it’s only after they get current that we’ll ever know anything beyond Shala.
The traditional name structure says he’s AbdulRahman’s son: Mansoor AR Falaknaz. Faisal might be who you’re thinking of. He’s one of Mohammed’s sons who got that big promotion with Aldar Properties.
Mansoor is Abdulrahman’s youngest son, who of course is brother to Mohammed, 3Power’s President. Mansoor has not seemed to be directly involved with much of his family’s enterprise, that I noticed, until a couple years ago when Mohammed got sick.
Wow they just restructured the whole business to be under Concord Alliance Investment LLC. Updated the website in the last couple weeks to reflect the change too.
Thanks! We’ll see I guess. I’ll just keep moving orders around til they do something with it.
Of course it was me. I’ve been the only bid here for year and a half. Figured I might as well move up to 0035 and give it a try.
I’m boxing the spread to try and get filled. Yesterday I bought someone’s shares, today I moved between accounts. There’s not much out there, which is why I’m moving a bit.
Cheers!
Thanks! I have no doubt you’ll be a buyer when you can. Let’s see what & when they make something of this.
Haha. There will be obvious signs in advance when they finally bring this back to life. Until then, I’ll move around and see who gets antsy.
Thanks, appreciate the kind words! I did it the other way - many trades. The beauty of the OTC is there’s so many ways to play, something for everyone. After years of losing huge gains from holding a couple large positions, I finally learned how to sell and make it worth it.
I filled them by moving from 0005 to 0012.
Trying my luck with a new high to shake things loose. Not too optimistic it’ll work though lol
Haha no rush on my part until something actually happens around here
Just me. Moving things around.
And I fill bids for sport!
Hey Joe. What’s your definition of “dead” in this scenario? If we’re talking in terms of writing off a loss for tax purposes, it sounds like you’re right on point. But if we’re talking about whether something can ever be revived in the future, “dead” takes on a new meaning. I clean & revive “dead” public companies, and each one has a unique history that can dictate the quality of its viability in the future. But as long as a “dead” public company meets the requirements of the SEC’s amendments to 15c2-11, it can be revived back to trading status. Now, there may be issues keeping a company from meeting those requirements, and depending on the situation, it may not be able to meet the requirements ever. However, PSPW still has all the pieces in place to meet the requirements, it’s just a matter of when the officers will spend the money to accomplish what is required.
I am doubting. If that was the route they were going, it would most likely be get current first then file the S-1 for an uplist.
I have 180 day GTCs. I just move the order around to try and get MMs to loosen up and maybe get a fill. But clearly that’s not working haha. And I’m paying $12.95 + other fees every trade bc of Expert Market. But hey, I’ve only spent couple hundred bucks over the last year to get my shares here so I could care less!
As long as they disclose it in their filings I think it should be ok. Lawsuits don’t necessarily impact the ability to get current, but not disclosing them can impact corporate actions further down the road.
To my knowledge, it does not. FINRA may want additional info if they do a name & symbol change after getting current, but there hasn’t been a change of control and it’s not “a shell” so it should be relatively easy for them to provide whatever FINRA would want.
I’m not sure why you keep bringing up Sept. This thing is already dead. There’s four ways they can revive it at any time - file a 211 with FINRA and get a sponsoring MM (the organic way to “go public” on the OTC), or file a 10-12G and become a mandatory SEC reporter which requires 2 years of audited financials, or file the 23 Q/K reports as the voluntary filer they currently are, or apply to OTC Markets and file two years of unaudited financials as an Alternative Reporter.
Yeah that’s my milly bid at 0003. I move it around every couple weeks and Enthalpy makes me spend commissions when he dumps 100 every couple weeks haha
You don’t become a 35 year old CFO of a $40b market cap public real estate developer and then use your position to benefit your family’s private enterprise. Non-arm’s length might fly in the developing crap hole that is Albania, but not in developed economies.
Besides that, Aldar investors can surmise from the 200 page annual report how the company will afford the $100m coupon on their debt. Falak is missing the key to unlocking his capital market opportunity, and it’s called disclosure.
Faisal is son of PSPW officer Mohammed, grandson of Abdulrahman. Not sure he’ll have anything to do with us since he’s climbed so rapidly with Aldar. But shows the potential if Falak decides to bring in their properties arm of the Falak Holding/Concord Alliances enterprise.
Yeah I traded DBMM when they got quoted again and then the CE came off. I saw that doc pop up yesterday too, funny when the SEC screws up!
Sure, but will PSPW get anything else other than Shala? So far, that’s all the pubco gets. For anything more, we know it would require them to disclose where and with whom they have their assets. And they haven’t shown they’re willing to do that so far.
No idea honestly, could be though. Future surely has better insight than me haha. My jaded opinion sees “shifted to 2023” and my brain reads it as “more like 2025.” Nice to see it there either way.
Apparently haha
Country: Albania
Technology: Hydro Dam
Plant: Shala
Capacity: 83.5MW
Started Operation: 2021 (shifted to 2023)
We better hope capital is cheaper and flowing down to spec assets again for a “rising tide” by the time they file. Since the Sept ‘21 rule change and especially this year, the OTC has been a wasteland for any company that doesn’t highly communicate their plan to shareholders and follow through on it.
All I got is time! Just make sure your zero key sticks periodically on the quantity ;)
If there’s a bid at .05 they would sell, but there is not. I can see the bids, and I’m the highest at .0015 currently and have been highest bid for a year now haha
That’s why PSPW is a win-win, just maybe not how everyone would want. They either file and it’s tradeable, or they take Shala out and go private and put something else in, or they let the shell die and I file for it in court and revive it to make it tradeable and find a new operating company who wants the shell - like I’m doing with my four other shells I’ve revived from Expert to Pink Current.
I’ll move my top bid around every week or two to shake stuff loose.
Expert Market is the delisting. It won’t get revoked by SEC bc of its “voluntary filer” status and FINRA won’t delete the symbol for inactivity bc there’s enough trading activity to keep it alive (no trades in a year and they’ll delete the symbol). So unless SEC, FINRA, or OTC Markets changes the rules again, which could certainly happen, PSPW should be “safe” the way it is for awhile.
Expert Market stocks are “unsolicited quotes only” which basically means it was someone who placed a sell order, probably by calling their broker, and not a MM “making a market” like if they still had a 211.
Thanks. In time it’s win-win. Either they do filings and get it going, or they let it die and I pick up the pubco. Could be years til either happens though haha
Indeed!