is...Retired and trade every now and then
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Posting Google page with our website ..nothiing opens?? Might be me but can anyone open these. All I get is insecure sites???…I get the same on our INFO page??
https://www.google.com/search?sxsrf=ALeKk01H7g8PZD7Qwy7-_tsUPt9b8iG0sw%3A1588855907665&source=hp&ei=YwS0Xr-BJpC3tQavgpZ4&q=http%3A%2F%2F3powershala.com&oq=http%3A%2F%2F3powershala.com&gs_lcp=CgZwc3ktYWIQA1DZIliRngFg5q0BaAFwAHgAgAHUAYgBvAOSAQUwLjIuMZgBAKABAqABAaoBB2d3cy13aXo&sclient=psy-ab&ved=0ahUKEwj_vuS_5aHpAhWQW80KHS-BBQ8Q4dUDCAw&uact=5
TV. "CLIP" FROM ALBANIA TALK SHOW…..
AS I have said in previous post the five countries are studying all aspects of the Drin Basin. In the past this was not the case and dams were being tendered and built almost with as little as a signature and a few bucks in the right hands. below is another example of the DD being done in todays environment.
https://www.gwp.org/en/GWP-Mediterranean/WE-ACT/News-List-Page/drin-droughts-training/
To dove tail my previous post: This link provided gives a excellent overview of the 5 nation consideration of the Drin River water sources. Starting as far back as 2011 when formed it has basically held to gather with a MOU until this posting. There are two videos that have a lot of explanation that can be understood. The first is rather long and a bit boring the second is short ant Imo show why IF ANY DAM "S ARE TO BE BUILT in the future . They will be built with far more forethought and and scientific investigation than any previous dam's that have ever been built in the entire region. There have been new laws and regulations that now are being signed off on by the five effected Drin River countries. NO MORE JUST INDIVIDUAL COUNTRIES. Those days are gone and now being brought under control or at least surveilled by the Un and other more global agencies. THE EU is now primary to all involved. PSPW in the beginning I'm sure had no idea of any of this when they began the endeavor. So this said , The business plan in the beginning IS NO MORE! But, IMO the good news it probably is all for the better as all of what is going on is pushing the old corrupted communistic leadership out and being replaced with the 21st century global thinking………I am also of the mind FALAK, Possibly recognized this early on and have been pushing Albania in this direction as it does nothing but help protect their investment, Keeping in mind they were already into this with millions of dollars that was exposed to failure if something wasn't done to bring all the player to the table. In any event in all of this there has to be a point when the investors already in Albania will consider it safe and any new investors will step up…..Are we close???..I think there are still many questions but perhaps as an investor / and country you don't need to wait until the light turns green before there can be some agreements made and move forward….
https://www.gwp.org/en/GWP-Mediterranean/WE-ACT/News-List-Page/drin-sap-endorsement/
Tell me something. If you know a "GUY" that is a "7DIDGIT SHARE HOLDER" That Knows the "FALAK Story" why is it you have asked for every bit of info. about this company? Seems to me you have a inside track to a lot of knowledge…Hows about you asking the "GUY" to give us some of his thoughts? Boy, Iwish I could set on a Million Shares of anything and not post on it's board..
NO NEED …..
WHY is it so difficult to just give the page that it is on?/ To translate I would need to do the report almost page by page as the whole thing at once will not translate.. But never mind . I get!!
ITS ALL IN ALBANIAN AND WILL NOT TRANSLATE ..TO BIG. SO WHAT PAGE IS TE SHALA INFO. ON?
What page did you see Shala info on? 52 pages in this
SO WHO IS #1 Rookie?
A DO OR DIE IN THE PENNIES !! RULE #1. NEVER MARRY YOURS STOCK PICKS !!
I don't believe it is…but again this is …...Tirana, June 2003 (Updated on April 2005) report… All we were told that there were shovel ready project available…no info. as I recall
Again this is prior to the current cancellations and reversal of the big hydro push of the earlier years. T be honest anything prior to January 2018 is very suspect for being still in play…AS the current energy minister has cancelled and put the rest on hold . sense January 2018… The last two years have had zero news and every one is waiting for anything with a 2020 date that might give us a clue. Everyone one here knows what we had but no one knows or understands what we have!!. We all would like to see something , anything ….waiting is what we got at the moment..
I'M not sure about this. it looks to be a 2005-2017 report. Anything mentioned with a 2025 is only a forecast and to be honest every thing hydro was either cancelled or put on hold by the current energy minister with no published list of what is still active...
I threw that out years ago.I'm just willing to snoop around on my own and read the others thoughts..
ENTHALPY BETTER WARM UP YOUR CRYSTAL BALL!!
We have a plan??
I'm interested in knowing what that plan is??
Hope they do to!!
To be certain they haven't a plan as most countries in the world have no plan.. THE USA had no plan. It is being put together on the fly.. Be thankful that there is a plan to support the lives and business in the country and that plan didn't happen until last night!!!
400k Albanians live in Italy…120K made it back into the country ( no testing or screening)…military deployed for country curfew…Labor force hit heavily ………IMO. The Silk Road that travels right down "MAIN STREET ALBANIA" HAS PUT anything renewable and everything else you can think of on a serious hold…….do the math………Oh yeh, lets not forget China flying in and out of the country building everything from roads, airports and renewables to name a few…….
REPOST:
enthalpy Tuesday, 02/07/17 09:14:03 PM
Re: enthalpy post# 76222 0
Post # of 86890
Now PSPW controls 3Power Energy Projects PLC 49.6% and 3Power Energy Projects PLC controls 51% of Shala Energy PLC. Tiered it down in series instead of a parallel connection. Makes you wonder?
5,762,990/11,622,000 equals 49.6% so I am not sure why its set up like this but I do believe PSPW controls the 23 of the private party Ltds which will never be disclosed who owns those because its confidential and reserved for institutional and very rich people. These 23 private party Ltds also get ownership in Shala Energy PLC and 3Power Energy Projects PLC and GREW Energy PLC. Its way to elaborate and complex designed for betting BIG money. Even financial executives who reviewed the data have stated its alot of work for a small project as a small project would only require and LLC for the one project. PSPW can technically be assigned the Ltds and we would never know that we have controlling interest and if they need to raise cash they can spin off an Ltd for X percentage to fund the projects. I eventually expect to see more LLCs or Ltds be placed under the PLCs for each separate project that way if it fails they can spin it off versus having a group of 20 projects go down at once. They need to set it up this way to protect all parties involved and we will never know who will be owning the private party Ltds.
If this was dead they would not have funded 2.3 million euros into these PLCs. The party should start this year when the stock market is HOT!
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All old stuff and nothing that would lead one to think it was our projects 2012-2017ish
Old DD:
ROUGH ESTIMATION OF THE ORGANIZATIONAL CHART OF 3POWER ENERGY GROUP
In this Chart the Falak Holding Group owns a 1/3 interest in Falak Properties (which is owned by 3 prominent and successful billionaires in Dubai). The Private Party Ltds (i.e., Balkan Energy is a form similar to an LLC here in America except you don’t have to disclose who owns it, which is a form of ownership not available here in America. The equity blocks of each Ltd are known by reviewing the PLC allotments that get updated annually. Notice how Balkan Energy Ltd owns a small percentage of Shala Energy PLC, 3Power Energy Projects PLC and GREW Energy PLC. This is a way to transfer direct equity ownership of a project unencumbered by any liens for project cash. All of the PLCs are the Holding Companies which will hold the equity ownership of the combined projects.
Shala Energy shpk is the Project Developer (to manage the construction and operation of all of the renewable energy projects) and contains documentation showing that an equal legal partnership exists between Falak Properties (Owns the Dubai Sports Center split between 3 billionaires), Interenegro Albania (A subsidiary of the multibillion dollar energy Giant Kelag International incorporated in Germany) and 3Power Energy Group (PSPW which is our stock). The physical ownership of the Shala Energy shpk is owned 75% by PSPW and 25% by Interenegro Albania.
While the organizational chart has more than 40 incorporated companies all around the world each with different interest and purposes it gives a good idea of how this deal is set up. This is not 1 project and simply 1 required LLC. Its set up for all possible financing scenarios including traunching if necessary (ltd equity ownership) or situations such as securing 100% conventional financing. Since PSPW set this up they initially owned all of the Ltd companies and all of the PLCs. We will never know who got what with the Ltds as it a private confidential form of ownership based in Ireland (tax shelters)
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DELOITTE APEARS TO BE GETTING INTO THE LEGAL BUSINESS …IE: THE TWO ATTY.YOU LISTED?
https://www2.deloitte.com/al/en/pages/legal/articles/deloitte-legal-albania.html
I believe the Italian consultant is the tip off: …
Inpeco
Analyst and Developer
Company Name Inpeco
Dates EmployedNov 2018 – Present
Employment Duration1 yr 5 mos
LocationMilano
DevOps responsible for creating a new communication middleware (Java, Python and PHP) based on RabbitMq (amqp, mqtt) and Mosquitto (mqtt), core element of a wide automation control system (hundreds of different HW/SW agents).
Dockerized microservices environment managed by Kubernetes.
Other involved tecnologies: Swagger code generator, OpenTracing, Elasticsearch, Jaeger, Kibana, APM.
If they were in trouble I'm not sure her expertise would not be part of this...
Anyone want translate this feel free
true story
There are zero's.. then there are zero's….LOL
trans:…Wouldn't it be nice if 3-power stepped in and took over these dam projects!!!
Views
10:46 - 22.02.20 Albanian Newspapers
The state budget has suffered a damage of 123m euros from 14 hydropower construction contracts in the country. The State Supreme Audit Office has inspected the contracts with 14 enterprises and in this audit found violations of AKBN's institutional activity in the field of hydropower, regarding the follow up of contracts concluded by the Albanian State in the field of hydropower, measures taken, implementation of applicable legal and regulatory acts regulating institutional activity.
audit
The State Supreme Audit Office has completed the audit “On Compliance” with the National Agency of Natural Resources (AKBN) in Tirana, for its activity from 01.09.2016 to 31.12.2018. "This audit found violations of AKBN's institutional activity in the field of hydropower, regarding the follow up of contracts concluded by the Albanian state in the field of hydropower, measures taken, implementation of applicable legal and regulatory acts regulating institutional activity. , which have had a significant impact on public finances with a financial value of about ALL 15.2 billion (approximately EUR 123 million), for which the SSA has filed criminal prosecution indications with the Tirana District Prosecutor's Office. "- reads the announcement of the State Supreme Audit. The elective audit of the 14 HPP files, which have completed the works, are connected to the power grid and entered the production phase, resulting in the value of penalties calculated and subsequently proposed by AKBN to the Ministry of Infrastructure and Energy. (MEI) in the role of the Contracting Authority, for non-compliance with the terms of the contract by the development companies, for which the administrative acts were not available for their collection, only for the cases reviewed, amounts to about ALL 2 billion. The audited files also revealed problems regarding the development permit of construction companies for the performance of construction works and the lack of measures taken by the Contracting Authority in this regard.
documents
In the audited files of SAI there is no lack of calculation of penalties for non-realization of production under contractual obligation for the period before the issuance of DCM no. 332 dated 06.06.2018 while after this decision the calculation uncertainties were further deepened. AKBN's requests to clarify the way penalties were applied did not result in an exhaustive response, although legal amendments were proposed by the authority itself. “Generally the HPP files lacked contract / contract security, securing works, equipment etc, these mandatory documentation referring to the related“ type contract ”. There were no written reports to be made by the Concessionaire to the CA every three months for the implementation of the investment program and in no case was it found to have been proposed, or maintained, any sanctions against companies that did not meet the contractual obligation on periodic reporting. the performance of the contract referred to as the "Concession Contract". In 11 cases dealt with by the audit team, the value of the HPP's positioned investments, in the absence or exceeding of the relevant permission by the competent authorities to carry out the construction work, under the applicable legal acts, has / may have affected in the unfair benefit of VAT, which for the cases treated is estimated at about 13,112,040 thousand leks. There is no record of interactions in these cases with the Directorate General of Taxation, although AKBN and the GDT have signed cooperation agreements since November 2015 and are committed to the exchange of mutual information and the conduct of joint audits. of the State. Inaccurate calculations of opposition fees for projects valued at about ALL 5.5 million were identified for the period under review, while the calculation and payment of four cases for the value of ALL 1.6 million were missing.
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BAH, YOU ONLY LOOSE IT WHEN YOU SELL IT.. PATIENCE GRASSHOPPER
I have one that went from 222.00 - 147.00 at the halt.. Hell they all look like that.
LOL.. THINGS TO PONDER…..
GUESSING IT'S NOT THE SAME FALAK…