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BDP sucks this POS is toast
I am so glad I have so many people concerned about my investment in TECO on this board. I guess I should sell because they wouldn't lie on a message board. LOL
3Power Energy Group Enters Into a Frame Agreement With a Chinese Investment Group to Acquire 100Mwt PV Solar Power Plants Fro...
3Power Energy GR (OTCBB:PSPW)
Intraday Stock Chart
Today : Thursday 9 February 2012
3Power Energy Group Inc. ("3Power" and "the Company") (OTCBB:PSPW) (Frankfurt:PSD) is pleased to announce that the company entered into a frame agreement with a Chinese Investment group to acquire 100Mwt PV Solar Power Plants from their portfolio in Italy. Projects are financed and produce electricity into the national Grid under long term Power Purchase Agreements.
The projects are located in several high sun radiations regions in Italy. The total investments in these projects is quoted around USD 500Mio out of which 400M are financed by long term banks credit facility. The projects when acquired will be an immediate source of 15 years sustainable revenues under a Power Purchase agreement at prefixed price.
3Power continue to complete its target capacity of 3GW projects pipeline. The company plans to finance its equity in the projects through placements from selected investors.
Forward Looking StatementsThis release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 with respect to 3Power, its business and prospective development plans. These forward-looking statements can be identified by the use of terminology such as "subject to," "believe," "expects," "plan," "project," "estimate," "intend," "may," "will," "should," "can," or "anticipates," or the negative thereof, or variations thereon, or comparable terminology, or by discussions of strategy. Although all of the forward-looking statements set forth in this press release are believed to be reasonable, actual results may differ materially from those expressed in forward-looking statements as a result of factors outside of the control of 3Power. 3Power cannot provide assurances that any prospective matters described in the press release will successfully close or otherwise be completed or that 3Power will realize the anticipated benefits of any such transactions. Important factors that may cause actual results to differ materially from those expressed in the forward-looking statements are discussed in 3Power's Securities and Exchange Commission filings. Readers are cautioned not to place undue reliance on forward-looking statements. 3Power does not undertake and specifically disclaims any obligation to update, republish or revise forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrences of unanticipated events. All forward-looking statements should be regarded solely as 3Power's current plans, estimates and beliefs.
SOURCE 3Power Energy Group Inc.
TECO looking great for a run
maybe someone that knows whats coming
probably being covered on the way down, thats why the slow bleed instead of a quick drop.
someone buying all they can get at .53
its not halted trading under ekdkq
not dropping like i thought it would, don't know if people are having trouble trading it or what?
schwab use streetsmartpro software but i had to go to schwab website to trade it
out at .41 took a loss live and learn
sounds like everyone is expecting a much higher share price coming
Would love a surprise announcement that the 1100 patents have been sold!$3+++
over 115,000,000 million shares of newbies the last two days.LOL
they have 6 months
Just because the wall street journal says ek is going bk, doesn't make it so. If the company announces it, then you can say you were right
They better have a comment after hours. They can't just let rumors continue to hammer the stock.
quoted from unnamed sources BS
sold again value investor, now looking to get back in at .63
more like 2 to 3 billion.
short squeeze coming! will be $3.00 + by the end of Jan.
2 to 3 billion is what I heard, and possible buyout by microsoft at $5.00 per share
Bill Gates already owns close to 6 million shares
not to mention the 2 to 3 billion dollars for the 1100 patents.
must have sold value and looking for re entry lower now. Merry Christmas to you
Maybe they are working out a deal to acquire Seawind International and financing for the projects in the pipe. Only 2 months with new board and we all know how patient our middle eastern friends can be.
thanks but not a daytrader, holding till at least end of jan.
Whats your price target for this?
just breaking your chops, I would like to see this back above a dollar but I have to agree end of year selling may hold it down for a couple more weeks. waiting for the court decision with aapl and rimm
you must be a gazillionaire, you know exactly what a stock is going to do minute by minute, thanks for the play by play
MCC Board Recommends Kodak Site for Downtown Campus
By: YNN Staff
The MCC Board of Trustees unanimously chose to recommend the Kodak site as the future location of the downtown Monroe Community College campus at a meeting Saturday morning.
"For our students, it means a campus of their own," said Anne Kress, MCC President.
The site was picked over the current location in the Sibley Building where MCC occupies two floors. The lease expires at the end of the year.
"That downtown area in particular has not really developed and has not been subject to the revitalization that other areas of downtown have been," said Kress.
The new site consists of five connected buildings at Eastman Kodak on State Street, including a full cafeteria and parking.
"It serves our students needs, it offers opportunities for expansion. It serves our downtown student's needs as well as the needs for additional programming that can bring in more students," said Kress.
Officials said using the Kodak site will cost an estimated $75 million whereas the Sibley Building would cost between $82 and $86 million.
The next step in the process will be for the county to approve the recommendation. The goal is for students to move into their new downtown campus by the fall of 2015.
"Everybody has a different opinion on this and a different perspective. The county's is going to be the taxpayer and the students, but the taxpayer primarily," said Dan DeLaus, deputy county executive.
what were they saying on cnbc, positive or negative?
I have never had a problem with Schwab. 8.95 a trade.
I believe the options and warrants also get the 1 to 20 reverse split. It is my hope they have some big contracts to announce soon and they want the share price to be 30 or 40 cents before the split, then after the price will be 6 or 8 dollars a share and they can immediately apply for NASDAQ listing. IMO
Arista Power Announces Reverse Stock Split
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Press Release Source: Arista Power, Inc. On Thursday October 20, 2011, 11:30 am
ROCHESTER, N.Y., Oct. 20, 2011 /PRNewswire/ -- Arista Power, Inc. ("Arista Power" or the "Company") (OTCBB:ASPW.ob - News), a manufacturer, designer and integrator of renewable energy generation, management and distribution systems, announced today that its Board of Directors has approved a 1-for-20 reverse split of its common stock. Shareholders holding a majority of the shares of common stock have indicated their intent to approve the reverse stock split, which will provide the necessary approval of the Company's shareholders. The Company's common stock will begin trading on a split-adjusted basis on the day the reverse stock split becomes effective.
(Logo: http://photos.prnewswire.com/prnh/20110613/NY18505LOGO )
The Company believes that the increase in the Company's stock price as a result of the reverse stock split will generate increased investor interest, assist in attracting and retaining employees and also enhance the Company's prospects with customers and vendors.
Arista Power expects the reverse stock split to become effective in the second half of December 2011. Arista Power will issue a press release to announce the effective date of the reverse stock split on the business day immediately prior to the effective date. Arista Power will also issue a press release if it determines that the expected effective date of the reverse stock split will be later than the second half of December 2011.
Shareholders should not take any action with respect to the reverse stock split until it becomes effective, at which time Arista Power will provide additional information and instructions. When the reverse stock split becomes effective, each twenty shares of Arista Power's common stock will automatically be converted into one share of the Company's common stock. Arista Power will not issue fractional shares as a result of the reverse stock split. Any fractional post-split shares as result of the reverse stock split will be rounded up to the nearest whole post-split share.
For additional procedural information regarding the reverse stock split, see "Additional Information for Shareholders" below.
The reverse stock split, which will reduce the number of outstanding shares of common stock of Arista Power from approximately 227.6 million shares to approximately 11.4 million shares, will have no impact on shareholders' proportionate equity interests or voting rights.
William A. Schmitz, Chief Executive Officer of Arista Power, said that, "While the reverse stock split will not change the market capitalization of the Company nor the value of each shareholders' holdings, we believe the higher split-adjusted stock price will be in the best interest of our shareholders by making it easier to effect transactions in our stock, broaden our audience and shareholder base and ultimately enhance our valuation as we move forward and grow the Company. We expect that growth in booked orders and revenues from this point forward will also support this view, and we anticipate that we will be in a position to apply for a listing on either NASDAQ or NYSE Amex Equities (formerly The American Stock Exchange) in 2012."
Additional Information for Shareholders
No shareholder should take any action with respect to the reverse stock split at this time. In late November 2011, the Registrant expects to mail information statements regarding the reverse stock split to all shareholders as of the record date (November 17, 2011) and intends for the reverse stock split to be effective in the second half of December 2011. On the business day immediately prior to when the reverse split becomes effective, Arista Power will make a further announcement and provide additional information and instructions. Shareholders who hold their shares in brokerage accounts, also known as holding the shares in "street name", will not be required to take any action once the reverse split becomes effective, as the number of their shares of the Company's stock will be automatically adjusted to reflect the number of shares as adjusted by the reverse stock split. Shareholders of record who hold physical stock certificates will receive a Transmittal Letter once the reverse stock split becomes effective requesting that they surrender their old stock certificates for new stock certificates reflecting the adjusted number of shares as a result of the reverse stock split. American Stock Transfer and Trust Company LLC, the Company's Transfer Agent, will act as the exchange agent for implementing the exchange of stock certificates. Arista Power will not issue fractional shares as a result of the reverse stock split. Any fractional post-split shares as result of the reverse stock split will be rounded up to the nearest whole post-split share. Shareholders should not destroy any stock certificates and should not submit any stock certificates until requested to do so after the effective date of the reverse split.
About Arista Power, Inc.
Arista Power, Inc. is a developer, manufacturer, and supplier of custom-designed power management systems, renewable energy storage systems, WindTamer wind turbines, and a supplier and designer of solar energy systems. Arista Power's patent-pending Power on Demand system utilizes inputs from multiple energy sources including wind, solar, fuel cells, and the grid, in conjunction with a custom-designed battery storage system and a proprietary smart monitoring technology that releases energy at optimal times to reduce peak power demand, thereby lowering electricity costs for large energy users who deal with peak usage pricing. Arista Power also sells a Mobile Renewable Power Station that generates wind and solar energy that is stored in an onboard storage device for military and other applications, and a stationary, scalable Renewable Power Station that can be drop-shipped to off-grid locations to be used as a 'micro-grid.' Arista Power's diffuser-augmented WindTamer wind turbine utilizes a patented technology for the production of electrical power. For more information on Arista Power, go to www.aristapower.com.
losing faith at the wrong time, sales are going to be rolling in like we have wanted for 2 years now. The time is now. 10 cents a share is a steal. These guys know how to build a company. I will be there when it comes to fruition. Laughing all the way to the bank within 6 months. mark this post! GO ASPW!!!!
Recently added new products to the sales line, Could be a 10 bagger over the next 6 months. Waiting on a big military contract, hopefully in the near future.
what are your thoughts on it
choi, check out ASPW, 495,000 dollar order, projecting 15 million in sales for 2011 and 50+ million in 2012.It's a diamond in the rough!
Its beginning, we are all going to be very happy by year end!
ASPW News! More sales!
ROCHESTER, N.Y., Oct. 17, 2011 /PRNewswire/ -- Arista Power, Inc. ("Arista Power" or the "Company") (OTCBB:ASPW.ob - News), a manufacturer, designer and integrator of renewable energy generation, management and distribution systems, announced today that it received an order from Zweigle's, Inc. for a Power on Demand renewable energy storage and management system to be installed at Zweigle's state-of-the-art manufacturing facility in Rochester, New York.
(Logo: http://photos.prnewswire.com/prnh/20110613/NY18505LOGO )
Arista Power's Power on Demand system reduces electricity demand charges, which are based on a customer's peak power demand on the grid and which can account for 30% to 70% of a commercial electric bill.
"As part of our sustainability initiative, we are looking forward to the implementation of Arista Power's renewable energy system which allows us to reduce our carbon footprint," said Julie Camardo-Steron, President and fifth-generation owner of Zweigle's. "The savings from generating a portion of our own power along with energy incentives intended to encourage manufacturers to pursue alternate energy sources will fully fund the system," she added.
Arista Power's patent-pending Power on Demand system utilizes energy generated by wind turbines, solar PV or the grid itself in conjunction with a custom-designed battery storage system and a proprietary real-time "smart monitoring" technology. The monitoring system is designed to smooth power demand on the grid by maintaining grid demand within optimal parameters and releasing stored power only during peak demand periods, thereby reducing peak demand charges, prolonging battery life and lowering commercial electricity costs.
About Arista Power, Inc.
Arista Power, Inc. is a developer, manufacturer, and supplier of custom-designed power management systems, renewable energy storage systems, WindTamer wind turbines, and a supplier and designer of solar energy systems. Arista Power's patent-pending Power on Demand system utilizes inputs from multiple energy sources including wind, solar, fuel cells, and the grid, in conjunction with a custom-designed battery storage system and a proprietary smart monitoring technology that releases energy at optimal times to reduce peak power demand, thereby lowering electricity costs for large energy users who deal with peak usage pricing. Arista Power also sells a Mobile Renewable Power Station that generates wind and solar energy that is stored in an onboard storage device for military and other applications, and a stationary, scalable Renewable Power Station that can be drop-shipped to off-grid locations to be used as a 'micro-grid.' Arista Power's diffuser-augmented WindTamer wind turbine utilizes a patented technology for the production of electrical power. For more information on Arista Power, go to www.aristapower.com.
About Zweigle's, Inc.
Founded in 1880 by C. Wilhelm and Josephine Zweigle, Zweigle's Inc. is a fifth-generation family-owned business that has been making premium quality, hot dogs, sausages and specialty meat products based on our exclusive "Old World" family recipes for more than 130 years. Zweigle's has expanded the product line to offer healthier lower sodium and lower fat items with our new line of chicken sausage and chicken meatloaf. Zweigle's continues to produce its flagship "Pop Open" hot dogs, its authentic classic sausages and deli meats, and privately-labeled food products. All of Zweigle's products are backed by an unwavering commitment to delivering great tasting, premium quality products. For more about Zweigle's, please go to www.zweigles.com.