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Good Plan :)
Lol, it has to make you smile :) I wonder if he has been the buyer the last few days.
At least you'll get 35 years or so to enjoy the money :)
Seems likely in my opinion as well. We could see multiple financing deals lined up over several weeks in an effort to drive share price up for an extended period of time for an uplisting. Once Uplisted and trading at a higher share price they would likely raise additional capital via the open market. While this will dilute shareholders, it won't exactly be a negative if they use the capital intelligently.
Just my guess on where things are headed. If they can get anything close to $3 billion in financing they originally had access to this stock could easily be trading at $5 to $10 alone based on market cap.
Now we just need some solid news and the sky is the limit! As you can tell this trades incredibly thin. Any solid news and we could see this shoot to dollar territory in a matter of a day or two. Let's just hope that news is on it's way soon. I'm hoping we get something over the next 10 weeks. I would be surprised if we don't..
Toby doesn't know any more than the rest of us. In fact I would argue that we know more than he does. On several occasions he asked me questions about the stock and company's future... He parted ways from the company years ago. I have stayed in contact with him over the years a bit.
The stock trades very thin. If you want to sell you will have trouble, but if you want to buy any large quantity for under 15 cents you also will have trouble. It's not a Red flag, it just means that the float is pretty tight and there isn't a ton of buying and selling.
Highly doubt you are going to be able to do either of the two things (which more than likely is the reason you are here):
- Talk people out of their shares
- Start a shouting match so that you can try and win credibility by telling us all "I told you so."
Most of us are here following the company and doing our the DD (read the last 50,000 posts or so) for more than 5 years. Many of us own close to, if not over 1 million shares, equating to a large portion of the float. You have the right to your opinion, but it's just funny to watch people pop in once a year to say how terrible an investment we made. Penny stocks are a gamble. We understand the risks, and we all know that at the flick of a switch our investment could be gone. We all know the history of the company (yes the one that's managed by a multi-billion dollar conglomerate.)
I'd love to know what you are basing your information on lol :)
Nice to see you here :)
Only 20k shares away from $200 ;)
The good thing is that for most of us they are 'Long Term" instead of 'short term' gains :)
Holding around 1 million shares. You know I almost feel as if I wrote the stock off years ago and anything this gains is a bonus. With that I do think we have a lot of gains ahead and big things are about to happen.
By the way, off topic, Sevendoubler no longer has a stake here. I emailed him a few weeks back. He was one of the originals.
That wasn't my comment. I was replying to your reply to that comment :)
I really think we need at least some new news from the company before we get to the 10-30 cent levels. Speculation alone is not enough to warrant such a high market cap. I can't see this trading above 10 cents (for more than a few thousand worth of shares) until we get an update (preferably via a filing).
Just being a realist as I've studied this stock for 5 years now lol. I do believe something big is coming but investors and traders need new information before they rationalize buying this stock for more then 10 cents.
Good job. This certainly seems to make a lot of sense. Basically we will all have shares in multiple green energy companies if things work out this way. Should be interesting to watch. It certainly feels like we are getting very close to something big.
I feel we are getting very close to something as well. With that said, I have had multiple occasions over the past 5 years where I have had the same feeling so don't get too excited lol :)
My guess on the flags is also something related to where they will be operating. That at least seems to be the most obvious answer in my head lol.
Anyone ever try calling the number and asking questions?
Liking the volumne. I can't really see a major breakout unless we get at least another newsletter. Filings will be ideal. Until news, this will likely remain in the 4-9 cent range. Just my thoughts. It's going to be hard to break out with an absense of news IMO.
At least we know there is a lot going on behind the scenes. The next question is when will the ultimate plan be revealed?
Yeah he responded several times to emails. I don't think he liked me posting them on the forum so he stopped. I did try contacting him recently with no success.
Missed that. At least that's confirmed via a filing :)
Yeah nothing new in 10Q. Need an 8K now. LOL
Don't they do an extension every quarter?
Financing, or any major material event, contract, acquisition that they can file would be 'substantial' to me. :)
I have the odds at 55/45 for any substantial details being in this upcoming quarterly filing.
Just my gut feeling on things :)
I'm guessing they don't want to file anything until things are 100% guaranteed. They don't want to file an 8k or Q and then have to file again to to say "hey this deal fell through". They will certainly use the extra shares in the treasury to raise capital for part of the funding once the share price gets in the dollars. They don't want to cry wolf too many times and then possibly scare away future investors.
Just my thoughts.
When is the Q expected? They will likely do an extension correct?
Well, I like what I'm seeing from a technical standpoint. With that said, technicals don't mean a whole lot here. It's all about the filings for most of us.
Yeah I've been tempted to add. Have 1 million shares or so. I could add, would feel comfortable doing so, but I feel as if I'll make enough already. Why not give some of the others who have been here a long time accumilate while they can. Last time I added was prob about 6 months so in the 3-4 cent range. Ive always viewed this as an expensive lotto ticket, but not it's looking like much more than that.
I think the quarterly will be delayed like usual.
I don't really see it breaking out over 9 cents or so on any major volume until we get some news via a filing, whether it's the quarterly or an 8k. The potential here is huge but the company seems to want to get all their ducks in a row prior to unleashing the news officially. This company is backed by billionaires who want to run a green energy utility company. Once progress begins showing in filings there is n reason this can't run to the dollar range and much higher with the right news.
Waiting patiently for 5 years! Now let's see some filing!!
Yeah I'm guessing there is a 50/50 chance that we get anything of substance from the filings coming up. I do think we will get something soon, but not sure if it will make it into this month's filings
Seemed like a new format to me.
Will 3Power Energy Group’s (PSPW) Upcoming Quarterly Report Reveal Company’s Plans?
http://ir.net/news/stock-news/123689/will-3power-energy-groups-pspw-upcoming-quarterly-report-reveal-companys-plans/
Is this new?? Seems it, right?
Someone buy those 116,000 shares so we can get to $200 ;)
Highest Close in nearly 3 years? Checking out the chart it appears that way. Am I correct?
It trades so thin. With financing news filed in an 8k and multiple projects lined up, this could easily run well past $1. Every $1 in share price represents a $250 million market cap. If they were to get $3 billion in financing like before and have projects to spend even half of this amount on, we could easily see this run to multiple dollars within weeks. With that said, the information has to be officially filed with the SEC and we need a business plan in place that the company can clearly explain to investors.
I have a feeling that this is our year. Make or break!
Salem used to respond to my emails a few years back. The last few emails sent over the last 18 months, nothing. Makes sense.