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No we don't. That's why we're stuck in the pinks trading in the cents and not the dollars.
Guess we're both grasping. 'Neutral' news at the least. Still think there's something here.
At least they submitted their annual officer list to Nevada SOS early:
http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=edQVDEOyd14Pu94MlD0CQA%253d%253d&CorpName=3POWER+ENERGY+GROUP+INC.
Interesting day. Wasn't able to follow level 2 today but anything look out of the ordinary? Bid/ask seemed pretty tight. Usually these type of volume days equals price spike. Something going on here ..
Welcome aboard brother! Bring us some good 3power luck!
Old boring news
The fact they have stayed current with filings lends me to believe that 1. This is legit and something significant is indeed in the works or 2. They are using 3power as a 'front' for some other means which could still mean profit for us or Sec suspension. Gotta love the pinks baby!
My wedding present is in the form of your 3power stock certificate being worth more than the paper its written on. Congrats!
That would make all of us very happy
Well said. Only in the pinks!
Nope. Day off I guess.
Seawind Marine credit limit
http://companycheck.co.uk/company/05307163/x/credit-risk?latest=true
No clue if this mean anything for us
All signs pointing up. However we've danced this dance before. Although in addition to the recently uncovered d.d. this stock has been trading for 10+ years.
Can't wait for 400k in a morning!
I forgot about the Green World connection. Maybe we'll here something about American Seawind Energy as well. Be nice to see some action here in the states. Well action anywhere on earth or beyond...............
Dead on with your prediction.
If a form 4 if filed as 'acquired', this will be north of $1 in a flash.
Or we're back to .02 with more silence. Either way I'm picking up a few more shares!
That may be the most encouraging sign in recent weeks here. I was wondering when the foreign exchanges would wake up.
Another 20K in a t-trade Monday. Given this pattern over the past few weeks, someone behind the scenes is either loading up or emptying the boat. Interesting to say the least.
Most t-trades (especially here in penny land) are from trades during normal hours but the MM didn't enter it during the day and does so soon after market close. You usually see this type of activity during a very high volume/crazy action kind of day.
Also institutional and insider trades can be filed as a t-trade. Could be some sort of inside activity here where they do a t-trade to minimize the effect on share price. No sure exactly what's going on here, but I think we can rule out 'very high volume' as a cause.
Well stated
Well no shares issued in the past month:
As of August 14, 2014, 223,892,947 shares of Common Stock, par value $0.0001 per share are issued and outstanding.
I believe they've been gagged for years (like the rest of the company as you eluded to). Maybe I'll see if I can twist their arm.
Attempting to calculate float:
Doing my best to figure out how much of the 223M is publicly traded vs. restricted/issued by company. My main point of confusion is that 1.The 40M Seawind shares are not mentioned in the 'Amount and Nature of Beneficial Ownership' section of the 10-K for this year or any other year for that matter?
2. All the Rudana shares (Bank Julius Baer) appear to have been absorbed back into the market. They are not listed in the 'Amount and Nature of Beneficial Ownership' section in this year's 10-K, but were listed at 8M shares owned in the 2013 10-k which is down from 60M. I'm guessing they sold the rest or majority in the last fiscal year.
Here's my (rough) math:
with Seawind and their 40M shares: 183,279,321 restricted/issued by company, 40,613,626 float
without Seawind: 143,279,321 restricted/issued by company, 80,613,626 float
Appreciate anyone's input. So confusing.....
A lot of businesses here don't open until 9am local (noon Eastern). Thanks for your help.
Easy come easy go. If I was sitting on just a few thousand shares for months here I would bail today as well. Nice little flip.
Unfortunately work has me tied up all week and I'm out of town next week.
I'm waiting for someone to mention how great another world famous 3power 'newsletter' would be. Oh man I may loose it then.
Not to Debbie downer everyone but unless/until the company files an 8-k to financing details we will be right back to .02 range in a few days. Amazing potential yes, but those of us who have been around for years have seen this type of short term movement before. But it clearly demonstrates the very low float and ease of market cap movement.
Founder of Structured Financial:
http://www.cbre.us/o/phoenix/people/randy-pereira/Pages/significant-assignments.aspx
I have been pondering that idea myself today
Good point. An undertaking like this would indeed take years to organize and could possible be the reason for radio silence for what seems like a very long time.
Their office is 20 minutes from my house. Looks like I have some recon to do. Nice find.
What's the point of trying to knock this down even further? We're already sitting in the basement. I find it entertaining when randoms show up and attempt to bash.
Nothing mentioned in 10-K about KCSA, but I think most of us knew they were no longer involved. What fun are the big boards, when you can enjoy so many unanswered questions here in penny world!
Good point. Hopefully that's all behind us and we can move on and up!
130k on the buy? When's the last time we've seen that.
On life support. But still a pulse. Maybe its time for another name change. 10+ years in existence if on paper only but I'm not giving up. No fun selling at a penny.
Welcome aboard! Your digging around here is quite impressive.