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It was bought out for $35 that billionaire with warrants owned 48 out of 50 million shares and made 1.58 billion in 6 months with 2 assets merged. Its the best ecample in PSPW case. Similar setup but Falak Holdings is one of the largest companies in Dubai which blows away SPEA assets.
Falak has layers of different companies different companies involved but due to NDAs we wont find out until they disclose them.
The best runs have always been stocks that go dark then reappear just like SPEA did too and look they used Deloitte too which is the number 1 auditor in the US for reverse mergers and assets.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=18870287
Albania is a crap country. Its too risky imo.
The shala project is not a feasible project.
There are those that argue 30 cents based on them doing just the shala but i disagree. the original website indicated a goal of 2500 MWs at at average of 1.2 million per MW cost thats $3 billion in assets. I dont think Falak wasted 12 years if their lives and between 50 and 100 million dollars that the related entities paid on the back side for 30 cents.
So i am expecting a new credit facility with the chinese entities and the special energy projects approved are maximum 5% rate locked in for 5 years so if they executed lets say last year they could have a 3 billion line of credit at 4% rate which is great. There is also special financing available in Europe too available.
Falak and insiders will make a billion for every $4 the stock price goes up. If they put 3 billion in thats $40 and they will make themselves 10 billion which imo is what they want!!!! GLTA longs and ill be here till the end whether giid or bad.
Enthalpy
Once they disclose the majority ownership that in itself will be a big move up.
Think of it this way. If they put just 3 billion in assets that would be 3000/286.3=10.47 in dollars per share. Lets just round to $10 per share. When you apply the 2 to 5 ratio typical of assets merged into shells like $SPEA which went to a 6 to 1 btw ratio we get a share price of between $20 to $50. If its 9 billion the whole empire maybe its 3 times this value but that would be the best case scenario. Worst case is 0 but a 34 month audit indicates what ever they are doing its a relatively big entity. We estimated max 3 months for the pspw shell per year of audit but if you have your books managed good it could only be 6 weeks per year. Worst case is 5 years of audits would be 15 months or 7.5 months. To re emerge i believe the only need the last 3 years but who knows. Im sitting on my shares as a do or die. I figure the share price among filing of the audits and re emerging will be somwhere between $1 and $100 depending solely on disclosures of majority ownership and assets merged or depending on a how large the credit facility is. Until it comes out its impossible to know for certain and this strictly guessing.
When you look at everything qualitatively the complex ltd structure to hold pspw shares to avoid sec reporting requirements, the layers of subsidiaries, the subsidiaries we dont know about, majority of the shares owned by falak related = falak holding group of companies, the ceo is the same ceo currently of the falak holding group of companies, the Deloitte auditor is way above what an otc company would need, the amount of money Falak has shelled out, the largest Chinese state owned companies involved, the need for the billionaires to accelerate their wealth, indicates this is going to be used for a large company. They are not spending this ridiculous amount of money to make a few hundred million. They are doing this to make themselves a few billion dollars minimum. The share price is not going to be a dollar. Minimumally its $10 and most probable between $10 an $40 but the best case scenario is between $70 and $150 but this lower probability imo but the possibility is there.
Wow. Nice numbers. Fingers crossed.
Nice. Put it in a Roth IRA.
So did you actually buy someones shares or just moving them between accounts?
Now i do but not until i held this over 10 years starting this month but you guy holding 14 years ouch talk about patience.
Green nice hope you buy a million shares.
Lmao.... that guy is a puece of work....
Greedy smurf!!!! I wonder what happened to him? I lost a few contacts to covid over the last 3 years. Died of a cold? OR hiding?
What is the borrow rate now?
It will be we are almost there.
Good luck im still sitting on 2.6 million shares. Not selling and its a do or die for me. 0.9% stake and im betting they will use this otc company.
Alright a new 52 week high!!@@ i must be on cloud 9.
Yes it would be!!!!
i still have my shares and guess what? The Kramers dont own 100% of the company!
According to Kramer they own 100% now accordingto that dated PR!!!! Must be nice selling a company short for CHUMP CHANGE but then it doesn't get revoked so at some point they will buy it back at a much HIGHER PREMIUM!!!!
You make a good point. Looking forward to the break upwards to the BLUE SKY territory!!!
Lol they like to waste 24/7/365 days non stop!!!! All i need to know.
About time they predict 0.60. Thats quite a predict by the other side. Wonder what they know that we dont!!!
5000 dollars ask stack. Not a big deal pick it up for 0.004s 0.003s the way the fool doesn't break up the order. No common sense he she deserves to get cut. Success was more likely in 50k to 200k increments.
Definitely. Expecting a 6.75 break out at sime point.
It applies evenly so im okay with FINRA being shaking up.
Alpine securities delaying things as usual.
https://www.carltonfields.com/insights/publications/2023/dc-circuit-deals-shocking-blow-finra-enforcement
Thanks for the update.
Hell yeah!!!! Lets see the pop above 0.01 this month.
So what happened this weekend? Partied and loaded on Friday? Nice.
That 100 was not me. Doing it to make sure etrade doesnt seize the shares. It requires 1 share every 30 days but i trade 100 every 2 weeks.
Who else sells 100?
Shariff was a the CEO of the Falak Holding Group of Companies and person business advisor to Mr. Falaknaz.
https://www.businesswire.com/news/home/20110914006142/en/3Power-Appoints-Two-Board-Members-with-Distinguished-Expertise-in-the-Operation-and-Funding-of-Multibillion-Dollar-Sized-Projects
I also want to read the filings too once they are published in edgar. I have no idea whats going to happen good or bad. But everything qualitatively combined gives me hope its a big deal. They have the shares, some of the largest contractors involved, supposedly deloitte which is a top auditor, audits that took 30 months to complete, a very complex and complicated company structure setup with private party ltds holding pspw and shala energy plc shares, the 2nd layer subsidiary that is partnered with Falak Properties, the 2012 expired 3 billion dollar line of credit, structured financial, that 1.3 billion undisclosed Albanian hydro electric project from the signing ceremony in what 2017, their original goal of 2500 MWs of projects, they have probably spent through related entities 100 to 200 million in setting this all up and we know they cant get the loans until all filings of the entire company and related entities are audited and filings are filed.
Its too complex not to be used for a large entity or group of investors otherwise it would be just a single corporation.
Good luck to all longs and i hope the shorts if there are any burn.
The last billionaire play i remember that emerged from 12/2004 and it was $SPEA. 0.10 to $35 in 6 months.
I hope them having between 85% to 92% total shares of pspw makes a difference in our lives.
As of 8/28 the total shares issued is still 286.3 million issued and outstanding.
Sharif doesnt own 20 million shares for nothing.
Fingers crossed all of our patience and due diligence is correct and accurate and that the billionaires are compelled to act on their own interest to make a BIG chunk of money.
They have been quiet for 6 years and imo the audits are done. They are in a quiet period per the legal requirements when financials are completed insiders cannot communicate or send emails regarding the company until the filings are filed. This is for both earnings and either ipos or reverse merger ipos.
Im looking forward to the surprises that they have up their sleeves. They can instantly double to quadruple their wealth if they play their cards right.
The final count down begins. I personally hope we were all right on betting on this stock. I feel good about next week.
If its an intent to file and greenlighted by FDA for AA this could be instant 25 plus.