Ocean Thermal Energy Corp. (CPWR)

[DaReal]

Seems like the CO changed Ownership

There was an update yesterday on the NVSOS that caught my attention, just a new Director: Jeremy P. Feakins

Jeremy has over 30 years experience in highly successful entrepreneurial ventures. A British born (naturalized US Citizen), Jeremy has led start up and early stage companies from concept through Public Listing in both the US and Europe. From 1990 - 2006, Jeremy was the Founder, Chairman and CEO of Medical Technology & Innovations, Inc. (MTI). Under his leadership, MTI developed and built a microprocessor based vision-screening device designed to detect early signs of vision disorders in young, preverbal and difficult to screen children. Jeremy directed the development, manufacturing, marketing, sales and global distribution for the device. In 1996, he managed the US public listing for MTI and subsequently structured the sale of the rights to the vision-screening device to a major international eyewear company. From 1998 – 2006 Jeremy was the Founder and Managing Member of Growth Capital Resources, LLC, where he managed the public listing and business strategies for several companies including IP Voice Communications, Care Recruitment Solutions and China YCT International. In 2008, he founded JPF Venture Fund 1, LP an early stage investment fund focused on Clean/Renewable Energy, Biofuels/Waste Management, Water Management, Resource Efficiency, Sustainable Living, Environmental Services, Internet/Media and Green Transportation. JPF Venture Fund 1, LP was closed after raising the anticipated maximum capital. Since 2009, Jeremy has served as the Executive Chairman of the Board for Ocean Thermal Energy Corporation, where he directs the Executive Team. Under Jeremy's leadership, the Company has secured contracts and agreements to design, build, own and operate several large-scale utility-grade renewable energy projects in the Caribbean, Pacific Rim and Africa. He directed the Company's efforts to attract over $20 million in private equity, negotiate more than $100 million in senior debt project financing and a listing on a European Stock Exchange. Jeremy graduated from the Royal Naval Secretarial and Accounting College in Great Britain (Now: Defence College of Logistics and Personnel Administration) and is a seven-year Veteran of the British Royal Navy.

BUT then i saw the Form 3 http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10605218

and started to look into the NEW OWNER since they bought almost the entire OS (if the numbers are still valid...)

New Owner: JPF Venture Group, Inc.
http://www.jpfeakins.com/team.html

They have listed some interesting Projects on their site like the EcoVillage http://www.jpf.ventures/our-services.html or the Ocean Thermal Energy Project http://otecorporation.com/about/ .

Digging a little into those shows that they are both still active. The Ocean one is listed in Sweden on the GXG Exchange.

Some detailed Info about the Project here: http://www.need.org/files/curriculum/newsletters/12ccoctnovfinal.pdf

Here an early article from 2013 http://www.marketwatch.com/story/ocean-thermal-energy-corporation-announces-7650000-equity-offering-under-the-new-jobs-act-2013-09-24

But this Article really caught my attention: http://www.cpbj.com/article/20141120/CPBJ01/311209996/Ocean-Thermal-Energy-Corp%27s-expansion-continues-with-contracts-underway

It'll be interesting to see what their plans are for this one.