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Thanks for posting the interview however the youtube link doesn't work properly. Here is a good link:
Nice fact check with the Annual Report ?????
# Shares Outstanding at 12/31/12: 196,405,479
Common stock, $0.001 par value; authorized 300,000 (2011 – 300,000)
shares; issued and outstanding 196,405 (2011 – 196,405) shares
Do these guys have any idea what they're doing? They finally file a report and can't even report their share structure correctly. Joan Miller may want to invest in a new set of eyeglasses.
Way too quiet around here. Must mean we're ready to head north of .10 again.
I vote for share retirement/buyback from the Seawind mess.
Yup. I feel that .05 range is our new base until further notice.
Shala Master Acquisition Agreement :
http://www.sec.gov/Archives/edgar/data/1221554/000114420412047167/v321909_ex10-3.htm
It was filed as an exhibit in the 10-q filed on 8/20/12
I know every penny company makes wild claims about up listing but u better believe these guys want to get to the NASDAQ
Unchanged. 113M O/S. The best current theory is that a boatload of previously restricted shares were sold at market in the past 6 or so months.
I had a few other candidates for the lifetime 'PSPW Ihub douche bag award' as I forgot this fine gentlemen. Nice history lesson.
PSPW up almost 100% from my alert over here on the 18th. UK: just getting warmed up here. Hired a big time PR firm out of NYC (KCSA Strategic Communications)
At least their 40M portion. The 20M to that sham Viewpoint for 'facilitating' the merger IMO is all but gone. I wonder if T.D. is somehow one in the same as Viewpoint?
How nice would it look to get say 30M of those shares back and decrease to O/S to the 80M range.
I know it's been years, but wasn't Julius Baer connected to Rudana who was the major shareholder in Prime Sun Power. Then Seawind got equal what Rudana had (40M). Hopefully our new PR/IR firm can clear up all this muddy penny world confusion. Information concerning the current share distribution would be a nice place for them to start. Please correct me if my history and/or math is off.
Looks like Seawind is gone. Too bad that didn't work out. What a waste of 60M shares (40 to Seawind and 20 to 'Viewpoint').
Flashback to the 'I have 2 million shares and am announcing ahead of time when I am going to sell' guy. Oh no. I'm sure there will be our share of bloviating as this heads back north. Comes with the territory I guess.
I don't post on too many boards, but I must say the 'core' group for the most part has stuck it out here (or so it appears). This does not seem to be the case in most of Ihub world. I am very excited about the KCSA connection. This appears to be the start to moving on to bigger and better things (stock exchange).
Back to the art of painting I see. Well at least everyone is getting excited again. At least were talking about 3 power again. Good times ahead.
IMO SNTL should be back to .14-.18 range in a few weeks don't ya think. The Debbie downers are losing steam over there. Anything else you can share with us concerning behind to scenes stuff?
If they buy a couple of shovels from the 95M loan that is supposed to be in the works and get down to business I agree $1+ is sooner rather than later.
Key point: unchanged share structure in 2 years.
PSPW
Sorry to hear wakl. Your a good man around here. God bless.
That's 2 more news events than in the past year combined.
Am I wrong in thinking that the SNTL chart is looking like it's getting ready to bounce off of oversold territory?
Nice bid to start the morning...
KCSA is the real deal aren't they? This may finally be coming together.
3Power Energy Group, Inc. Retains KCSA Strategic Communications as Investor Relations Advisor
Last update: 3/20/2013 9:15:00 AM
NEW YORK, March 20, 2013 /PRNewswire via COMTEX/ -- 3Power Energy Group, Inc. (PSPW) ("3Power"),a developer and operator of hydroelectric power plants in Albania, today announced that it has retained KCSA Strategic Communications (KCSA), a leading New York-based communications firm with specialists in the renewable energy sector, to direct 3Power's investor relations program. KCSA will deploy an investor relations campaign designed to increase awareness of 3Power, its unique set of assets and its business model among the investment community.
"We understand the importance of a proactive communications program as we convey our unique value proposition to the investment community," stated Sharif Rahman, Chief Executive Officer and interim Chief Financial Officer of 3Power. "As we continue to execute our business plan to develop hydroelectric power plants in Albania, we look forward to working closely with KCSA to keep the investment community updated on our progress."
"As one of the few companies developing utility scale renewable energy power plants in Albania, a country with an emerging economy that has a major energy deficit, 3Power presents a unique and compelling investment opportunity," commented Todd Fromer, Managing Partner of KCSA Strategic Communications. "Management is actively developing its assets to meet Albania's energy needs. We look forward to working with 3Power to keep all key stakeholders abreast on the latest news and information about the Company."
About 3Power Energy Group, Inc.3Power Energy Group, Inc. focuses on developing, constructing, and operating wind energy power plants, solar photovoltaic power plants, biomass power plants, and other renewable technologies in Europe. The Company plans to sell its power to private and utility customers. The core approach of the Company's business is to deliver energy in markets where there is an inherent energy gap between supply and demand, or where there exists long term, stable, government back by financial support for development of renewable energy.
About KCSA Strategic CommunicationsKCSA is a fully-integrated communications agency specializing in public relations, investor relations and marketing with expertise in financial and professional services, technology, healthcare, media, energy and public services companies. Since 1969, the firm has demonstrated strategic thinking and program execution that drives results for its clients in the ever-changing communications and digital landscape. The firm's clients are its best references. For more information, please visit .
Investor Contacts:KCSA Strategic CommunicationsPhil Carlson / Brad Nelson212-896-1233 / 1217pcarlson@kcsa.com / bnelson@kcsa.com
SOURCE 3Power Energy Group, Inc.
Copyright (C) 2013 PR Newswire. All rights reserved
Thanks for keeping the faith. The consorted effort over there to bring/keep sntl down can only work for so long.
Lets face reality: If we don't see something substantial in the next few weeks, we will be right back to last weeks levels. I have full faith, but the time for musical chair CEO is over. Time for something we can all be proud of.
UK what ya think about PSPW? Looks like they have been resurrected and bouncing off the bottom. I have been in a long time and firmly believe in their plan. It's just taking years instead of months to get up and going.
Ihub can be powerful when a consortium gets motivated. You know it's bad when there are hundreds of (negative) posts over the weekend. St. Patty's day none the less.
That may be asking too much right now. What is going on there? If I can get back to even I will be a happy camper.
Com'on Choi and work some mojo with PSPW (i.e. circa 2011)
Strong find kfa. Maybe its time to come out from under all that sand in the UAE.
Beggars can't be choosers :) I am just happy at this point they weren't announcing their dissolution. Let's see what happens from here on out.
NEWS ! They're alive !
3Power Energy Group Announces New CEO
Last update: 3/18/2013 10:30:00 AM
NEW YORK, March 18, 2013 /PRNewswire via COMTEX/ -- 3Power Energy Group Inc. ("3Power" and "the Company") (PSPW), a developer and operator of hydroelectric power plants in Albania, has announced that the Board of Directors of 3Power Energy Group has selected Mr. Sharif Rahman as the Company's new Chief Executive Officer. Mr. Rahman, who is currently the CFO of 3Power Energy Group and will remain in this interim position until a new CFO is appointed, began his new role with the Company effective March 14, 2013.
Prior to joining 3Power as a Director in September 2011, Mr. Rahman was formerly the CEO of the Falak Holding Group of companies, a Dubai based group involved in several diversified business sectors. This included being a major shareholder of the $3.6 billion Dubai Sport City project--the world's largest sports themed real estate project. After graduating with a major in commerce from Kerala University in India, Mr. Rahman joined the Falaknaz Holding Group upon its inception 36 years ago and has led the group's projects from the startup stage to full operation.
Mr. Rahman remains the personal investment and business advisor to Mr. Falaknaz, a prominent Dubai-based high net worth entrepreneur and the founder and owner of the Falak Holding Group. In addition to his work with the Falak Holding Group, he was also the Founder and Managing Partner of International Expo Consults, one of the Middle East's leading exhibition and trade show organizers.
Mr. Rahman stated, "I am honored to have been selected as 3Power's new CEO and look forward to working with all key stakeholders to meet our strategic objectives. As Albania's economy develops and its existing energy infrastructure ages, we believe we are well-positioned as one of the few companies in the country that is working to meet its future power needs. We will continue to focus on the Shala River, where there has been a strong track record of successful hydroelectric power generation. This factor, coupled with our expertise and knowledge of the capital markets, will ensure that we develop assets that yield a high rate of return on investment while providing reliable service to the people of Albania."
About 3Power Energy Group, Inc.
3Power Energy Group, Inc. focuses on developing, constructing, and operating wind energy power plants, solar photovoltaic power plants, biomass power plants, and other renewable technologies in Europe. The Company plans to sell its power to private and utility customers. The core approach of the Company's business is to deliver energy in markets where there is an inherent energy gap between supply and demand, or where there exists long term, stable, government back by financial support for development of renewable energy.
Forward Looking Statement
This release contains statements that constitute forward-looking statements. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) the Company's financing plans; (ii) trends affecting the Company's financial condition or results of operations; (iii) the Company's growth strategy and operating strategy; and (iv) the declaration and payment of dividends. The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend," and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors.
Contact:KCSA Strategic CommunicationsPhil Carlson / Brad Nelson212-896-1233 / 1217pcarlson@kcsa.com / bnelson@kcsa.com
SOURCE 3Power Energy Group Inc.
Copyright (C) 2013 PR Newswire. All rights reserved
Well said.
Love the old school 5.0. Sure don't make 'em like that anymore.
I was wondering how the A/D line has only dropped slightly despite being in (way) oversold territory. I'm no chart master, but to me it says that folks are buying up as quickly as they're being sold.
The document I speak of is a court fling dealing in their case with crg finance. I accessed the filings through the governments online PACER system. Its free to sign up and the costs are .10 per 'page' but they give you a couple of bucks worth free every quarter.
Sharif Rahman says in his statement that they are trying to get a hold of Rudana's records as they are locked up in BK court. Rudana gave CRG shares (in PSPW) as collateral for the loan. CRG has since sold the shares to satisfy the note.
I'm not sure it's a positive or negative, but at least the company is communicating with someone (US District Court Southern District New York)
Anyone have some further thought into this?
CRG/Rudana/Lawsuit Info:
I am scanning through the court documents (most recently 2/8/13). It appears CRG was paid in shares from Rudana as terms of the loan. CRG has since sold their shares. The language is somewhat lawyer speak, but this could explain the massive drop in share price. I will try to copy the documents and post.
I believe you brosef. On a side note, (and to forgot about SNTL for a moment), do you have any take on PSPW these days. I am considering averaging down quite a bit and picking up these .03 and .04 ? Thanks for your thoughts.