Wednesday, April 05, 2017 12:44:21 AM
READ THIS POST. CONTAINS MOST OF THE DD YOU WILL NEED FOR PSPW
Dear New and Current Shareholders,
I am putting in a request for all of you to take the shares away that are available and held in your brokerage accounts by putting in good till canceled orders at $100.00 a share for PSPW. I want to eliminate this as an option to allow your broker to loan out our shares because its been known for years that if you place an active order those shares are removed from the pool available for loan by your broker because it has to be held as an active trade ready for sale at the limit price.
We already know that since we own probably 70-85% of the float (estimated to be between 15-20 million shares) as a group since we have accumulated millions of shares over the years going back since 2011 we have a chance to eliminate the brokerages from taking advantage of us against our own interest in seeing PSPW succeed and preventing the shares to be loaned or borrowed.
While I own also about 5% of the float (I know some of you own double this amount) and I plan on listing my shares for $100.00 to remove my shares from the pool or circulation. It’s high enough just so that in the event they put out an 8k or PR detailing their recent $1.4 billion dollar deal (1.27 billion euros) then we are all good. I think it would help our stock especially during the time when the Billionaire Group Falaknaz decide to make future announcements which are coming shortly! This stock is so thin and if there is any naked short selling then we could force a cover when the news is announced which as a whole might DOUBLE OR TRIPLE the stock price even further than where it would naturally move to in heights as I have seen this happen before in stocks in my 20 year history in OTC exclusively.
This is all my opinion and as estimated interpretation of what could happen, one should seek professional financial advice before investing in any OTC Pink sheet stock as there is always HUGE risk present in this arena. Everybody invest at their own risk as penny stocks are the biggest risk to reward plays that you can get as the majority fail
Thank you for your consideration and assistance and may this be a HUGE SUCCESS FOR ALL LONG TERM SHAREHOLDERS! 2017 is our year!
Enthalpy
RECENT SIGNING (AS OF 3/9/2017) CEREMONY BETWEEN SEVERAL HUGE CHINESE GLOBAL INVESTMENT HOLDING COMPANIES AND SHALA ENERGY PLC (PSPWs WHOLLY OWNED 2nd TIER SUBDISUARY) FOR A 1.27 BILLION EURO HYDRO DAM RENEWABLE ENERGY PROJECT IN ALBANIA
Link to the Signing Ceremony on 3/9/2017
Wolfgang Heinl (BOD Technical Adviser For PSPW and General Manager of each PLC)
Juljana Sokoli (Shala Energy PLC Office Manager her name was misspelled in the 3/9/2017 article)
http://www.hndongdian.com/m/show.asp?showid=43 (They Sign Multi-Billion Deals all the time)
ENGLISH TRANSLATION USING GOOGLE TEXT TRANSLATOR
My company and Albania Shala Energy PLC signed the "Albanian water power plant project agreement"
Source: Published: 2017-3-14 Views: 578 times
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March 9, 2017, the United States Eastern Point Global Holdings Group Greater China CEO, Hong Kong East Point Group Co., Ltd. Executive Director, Hunan East Point Global Investment Holdings Development Co., Ltd. Mr. Tang Zhaoyi in the Economic Commission and Albania Shala Energy PLC Successfully signed the "Albanian Hydroelectric Power Station Project Agreement".
Strait cross-strait industrial economic cooperation committee Wang Xinya director, Zhao Qiaoling deputy director, deputy director of Zhibi on behalf of the Chinese witnessed the signing ceremony.
Albanian Water Conservancy Power Station Project Representative: President and CEO of An Lihua Shahe Energy Partners - Jon, Associate General Manager of Ariel Shahe Energy - Yanling, An Lihua Shahe Energy Partner - Norman Gross, Man - Greg, Albanian Hydro Power Station Project Owner, Albanian Shahe Energy General Manager and Shahe Irish Legal Person - Wolfgang Heinl, Albanian Shahe Energy Member - Juliana Sokoli, Berbatie Group Chief Financial Officer - Eric attended the signing ceremony. Mr. Tang Zhaoyi, Chairman of the Board, and Wolfgang Heinl, President of Shala Energy PLC of Albania, have conducted various evaluations of the Albanian hydroelectric power station project to learn more about the development of the Albanian hydropower project. The construction potential of the Albanian hydropower project is significant Agree with.
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Hunan East Point Global Investment Development Co., Ltd. for the People's Republic of China outside the project to accelerate the expansion of investment, the implementation of international priority strategy. Investment orders grew steadily, the Albanian hydroelectric power station project is the East Point Global Holdings Group in Albania's first signing of the project, to further develop the China-Africa market has laid a good foundation.
547799414724323211_ copy .jpg
Wolfgang Heinl said that the Albanian hydroelectric power station project will play a significant role in the development of Albania's electricity and hope that the Albanian hydroelectric power station project will start on schedule and complete the construction task as soon as possible.
The total investment in the Albanian hydroelectric power station project is about 1.27 billion euros. The project will work with China Water Resources and Hydropower Engineering Bureau Co., Ltd. to ensure the smooth completion of construction tasks.
Wolfgang Heinl expressed his appreciation for the good momentum of the construction of the Albanian water conservancy project and shared the views and feelings of visiting China.
125938233082558137_ copy .jpg
Wolfgang Heinl expressed his appreciation for the good momentum of the construction of the Albanian water conservancy project and shared the views and feelings of visiting China.
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Greg said that Albania is an important part of the "all the way along the way," the construction of Albania hydropower station project potential, can increase the Albanian hydropower 20%, will produce many jobs to promote regional economic development.
Albania is one of the most abundant hydropower resources in Europe. Power generation is mainly dependent on water resources, but only one third of the current water resources are being used and are affected by climate.
Albania power plant total installed capacity of 1628 megawatts, the annual power generation of about 50 billion degrees. The main power station is Feierze hydropower station, Keman hydropower station, cutting Udayi hydropower station, Wuerze hydropower station, Skopu hydropower station.
In 2013, Albania's domestic electricity generation increased significantly, the import electricity and thus declined, the grid loss rate declined, but the loss increased slightly.
GENERAL ESTIMATED VALUATION (ONE OFFICIALLY CONFIRMED BY COMPANY)
Since we have a $1.35 billion renewable energy project through Shala Energy PLC which is a Wholly owned Subsidiary of 3Power Energy Group (PSPW); the market cap can be estimated based on the total project value and divided by the total issued outstanding shares.
Loan or equity of the project divided by the common issued shares and then apply a multiple of this number of between 1 to 5 which is typical in these type of large project situations give or take. In this case it would be $1.35 billion/250 million issued shares or $5.40/common share of project. If you apply the ratio of 1 to 5 we get a project share price of $5.40 to the high end of $27.00.
An extraordinary assumption is made in these estimated of share price values that require an official PR and/or 8k to be filed with the SEC validating that the signing ceremony as of 3/9/2017 and the companies intent to move forward and construct 1.27 billion euros in hydro dam projects. If the extraordinary assumption is false a significant increase in share price will never occur. This does not include all associated risks as defined in the 10Ks and 10Qs of PSPW.
PSPW LAST NEWS LETTER PUT OUT 11/2015
Describes Shala Energy PLC as the holding company to own the equity of the projects and the funding company. Mentioned negotiating being in negotiations with Chinese Contractors for a Finance Engineering Procurement Document (before the above signing ceremony was discovered)
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)
HISTORY OF PSPW AND ALL OF THE RESEARCH AND DD UNCOVERED AS A GROUP OF LONG TERM MOTIVATED SHAREHOLDERS INVESTED IN 3POWER ENERGY GROUP (PSPW)
Main Website is http://www.3power-energy.com/
Shala Energy PLC (Equity Holding Company) is http://shalaenergyplc.com/
Currently per website Shala Energy PLC is wholly owned subsidiary of PSPW.
Shala Energy shpk (Project Developer and Operator) is http://www.shalaenergyshpk.com/
Currently per website is a partnership between PSPW, (through its Irish wholly owned subsidiary Shala Energy PLC), Falak Properties (owns the Dubai Sports Center) and Interenegro Albania and 75% majority owned by PSPW.
PSPW has but 1.15 million euros into the following PLCs to pay for operations of offices to develop projects.
1. Shala Energy PLC Office Launched in late 2015.
Downloaded from the company registration search in Ireland. Shows audited financials which would be required by AIM for any public uplisting in Ireland. Proof of 1.15 million euros to be used for office expenses to develop projects.
http://www.solocheck.ie/Irish-Company/Shala-Energy-Public-Limited-Company-543390
2. 3Power Energy Projects PLC. It is unknown if there is a current office.
Downloaded from the company registration search in Ireland. Shows audited Financials (full documentation) of 3Power Energy Projects PLC a total of 1.16 million euros. This most likely will be used to launch a second office in the UK or somewhere around the world for further project development. Shows audited financials which would be required by AIM for any public uplisting in Ireland.
https://investorshub.advfn.com/uimage/uploads/2017/2/7/yaebcShala_Energy_Finacial_Statements_2016.png
https://www.duedil.com/company/IE554349/3power-energy-projects-public-limited-company/documents
Original, the 2015 share allotment breakdown showed Shala Energy PLC as a tier 1 subsidiary wholly owned by PSPW directly (condensed) before earlier in 2016 the ownership held by PSPW was transferred to PSPWs other wholly owned subsidiary 3Power Projects PLC in 2016. Shala Energy became a 2nd tiered subsidiary.
https://investorshub.advfn.com/uimage/uploads/2015/9/4/yzsxjUpload3.png
BACKGROUND OF PSPWs MANMAGEMENT DIRECTLY/INDIRECTLY (A WORLD CLASS GROUP)
Here is the family that owns a 1/3 interest in the Dubai Sports Center valued at around $10+ billion dollars. It is held under Falak Holding Group which is their parent corporation and has many entities and subsidiaries which have done many billions of dollars in deals mostly residential development work. The father is Abdulahman Falaknaz and the son is Mohammad Falaknaz are described below. The son has been groomed to take over Falak Holding Group but has a passion for renewable energy projects. The father’s right hand man of Falak Holding Group named Sharif Rahman has been put in charge of 3Power. So here are the heavy hitter’s backgrounds.
In case you don’t know what the Dubai Sports Center is look at this link: http://www.dsc.ae/about/
http://www.dsc.ae/about/partners/
Abdulrahman A. Falaknaz
Former Non Executive Director, Boulder Steel Ltd.
Age Total Calculated Compensation This person is connected to 1 board members in 1 different organizations across 2 different industries.
See Board Relationships
70 --
Background*
Mr. AbdulRahman Ahmad Falaknaz serves as Partner of Dubai Sports City Project. Mr. Falaknaz served as Bills clerk of The British Bank of the Middle East (now HSBC). In 1965, Mr. Falaknaz promoted to deal in foreign exchange and gold bullion and silver bullion on behalf of the British Bank. Mr. Falaknaz serves as Chairman and Director of Falak Holding LLC. He has been Chairman of BQT Solutions Ltd. December 2007 and as its Director since November 28, 2006. He served as Chairman of Boulder Steel Ltd. from December 2007 to March 2010. He served as a Director of 4C Security Solutions Limited from November 28, 2006 to September 30, 2010. Mr. Falaknaz is on the board of a few sporting committees such as: Vice President of the UAE Tennis Federation. Chairman of the Dubai Cricket Council, Vice President of the Emirates Cricket Board, Board member and Financial Director of the UAE Olympic Committee and he is very active in promoting youth sports opportunities in the UAE. Mr. Falaknaz was Educated in Bombay, India from 1952 to 1961 where he obtained Cambridge school certificate.
Mohammed Falaknaz
Chairman, 3Power Energy Group, Inc.
Age Total Calculated Compensation This person is connected to 1 board members in 1 different organizations across 1 different industries.
See Board Relationships
49 --
Background*
Mr. Mohammed Falaknaz serves as Vice President and Spokesperson of the Falak Holding Group (prominent Dubai based family investment company and major shareholder in the Dubai Sport City multi-billion dollar project) and the President of the UAE National Rugby Association. Mr. Falaknaz has been Chairman and Director at 3Power Energy Group, Inc. since December 19, 2011. Mr. Falaknaz has initiated and led local and international events for the Falak Holding Group and the UAE Rugby Association. He has been a Director of 3Power Energy Group Inc. since October 2011. Mr. Falaknaz received a graduate degree in computer science from University of Nebraska.
Sharif Rahman
Chief Executive Officer, Chief Financial Officer, Chief Accounting Officer and Director, 3Power Energy Group, Inc.
Age Total Calculated Compensation This person is connected to 1 board members in 1 different organizations across 1 different industries.
See Board Relationships
66 $180,000
As of Fiscal Year 2014
Background*
Mr. Sharif Rahman has been the Chief Executive Officer and Chief Financial Officer of 3Power Energy Group, Inc. since March 15, 2013 and October 19, 2011 respectively and also serves as its Chief Accounting Officer. Mr. Rahman serves as the Chief Executive Officer of the Falak Holding Group of companies. He has valuable expertise as an entrepreneur and senior executive with a history of involvement in multi-billion dollar projects. He joined the Falaknaz Holding Group at its inception 36 years ago and has been the driving force behind the group's projects - from the startup stage through to full operation. Mr. Rahman remains the Personal Investment and Business Advisor to Mr. Falaknaz and family, a prominent Dubai-based high net worth entrepreneur and the Founder & Owner of the Falak Holding Group. He has a well-established network of relationships in the affluent communities of the Arabian Gulf region and India. In addition to his long-standing work with the Falak Holding Group, he is also the Founder and managing partner of International Expo Consults, one of the Middle East's leading exhibition and trade show organizers established in 1994, as well as Chairman and owner of a $25 million turnover business in India which he founded 20 years ago. He has been a Director of 3Power Energy Group, Inc. since September 12, 2011. Mr. Rahman is a graduate major in commerce from Kerala University in India.
ORIGINAL HYDRO DAM CONCESSIONS AND NEW ONES DISCOVERED
Some of the hydro dam projects that existed on an excel spreadsheet from the Albanian Energy Minister that showed Shala Energy contained a total of 8 hydro dam projects, 2 of which are very large newer hydro dams never announced. The original Shala Energy hydro dam concessions entailed only 6 hydro dams worth $250 million.
ORIGINAL CONCESSION from 2012 (6 hydro dams or 127.6 MWs)
https://www.sec.gov/Archives/edgar/data/1221554/000114420412047167/v321909_ex10-3.htm
Updated Concession Excel Spreadsheet Showing Shala Energy has 8 hydro dams (2 new ones added)
https://investorshub.advfn.com/uimage/uploads/2015/9/2/h[tuqdams.png
ADDITIONAL 53 MWs ADDED in 2012/2013
Additional 53 MWs discovered (Vukel 1 and 2 transferred to Shala Energy per 2012 Newsletter. Interenegro Albania has the ownership in this Albanian small hydro power dam list.
http://www.albania-smallhydropower.org/Lista%20e%20Koncesioneve%20per%20Hidrocentralet%20e%20Vegjel%20ne%20Shqiperi.pdf
Additional information on the Vukel 1 and 2 hydro dams.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=126697856
BRIEF SUMMARY OF THE HISTORY OF 3POWER ENERGY GROUP
2011-2012
The Falaknaz family was brought into PSPW by Hani Salem who was the CEO of a large European bank named Rhudana before it filed for bankruptcy. The Falaknaz family officially joined the team in late 2011. There was a reverse Merger of Seawind into 3Power Energy Group (PSPW). Seawind had secured large solar contracts which were valuable at the time (through Rhudana). However, this was before solar technology improved to the point that every few years the newer technology would reducing the cost of utility scale solar projects by 50% and so there was too much risk with development of the original contracts. These contracts eventually became worthless due to technological obsolescence. Seawind also had wind energy projects in Chile and elsewhere but they were not economically feasible.
2012-2014
3Power Energy Group purchased the Shala Energy renewable hydro dam project in 2012 for a 127.6 MW project in Albania. One of the 3rd largest projects. This was original secured through Interenegro Albania in 2009 with the help of Ekrem Lluka (The Richest Man in Kosovo). Through Falak Properties (a different entity owned by management of PSPW), a credit facility was obtained for a $3 billion line of credit to be used for renewable energy projects through structured financial. This was good for 2012-2013, then expired because they were not ready for the money since the electrical line running North and South where Shala Energy 127.6 MW project was to exist was not constructed yet plus various types of energy reform had not taken place yet in Albania due to the corruption being a post-communist country. Originally Albania was planning on starting the construction of the electrical line in 2012 but it got delayed until June 2014 and which point it took 2 year to completed in June 2016.
Screenshot of Expired 2012-2013 financing showing that our management had in mind many large projects.
Remember a general rule of thumb is for every MW on a utility scale (more than 10MWs size hydro dams) project costs on average $2 million per MW. This is evidenced by Shala Energy 127.6 MW project costing around $250 million or about $2 million per MW. So a $3 billion line of credit would have accommodated 1500 MWs of utility scale hydro dam projects. Their original goal from their website 3powergroup.com no longer available had a goal of 2500 MWs in total power production which would have been $5 billion worth of projects.
2015-2016
Shala Energy PLC launched an office in Tirana, Albania to start the work required to secure the 10-20 permits for the construction of the Shala Energy hydro dam project and to expand and secure additional projects.
NOTICED DISCEPANCY BETWEEN 10K & 10Q IDENTIFYING FALAK HOLDING GROUP AS THE RELATED PARTIES USED FREQUENTLY IN THE FILINGS.
Per 2014 10K
On July 8, 2014, the Company issued 20,330,996 shares of common stock to certain entities designated by Falak Holding in satisfaction of outstanding loan of $357,825.53 at the conversion price of $0.0176 per share.
Per 2014 10Q
In June 2014, the Company issued 20,330,996 shares of its common stock in settlement of $357,825 loan from a related party.
This was proof that they are using their related entities to fund 3Power Energy and indirectly slowly acquire shares interest free loans.
SHARE BREAKDOWN OWNERSHIP OF 3POWER ENERGY GROUP (PSPW) AS OF 2016
Major Insiders of 3Power
Falak Holdings Group and related entities owns an estimated 115,043,292 shares and has advanced cash of $5,350,746 (DATED ESTIMATE)
CEO (also involved with Falak Holding Group management) and former CEO own a combined 12,219,091 shares issued for accrued salary and/or money provided.
Capital Trust Holding AG and its affiliates own 15,000,000 shares for the updated feasibility study costing $600,000 for the hydro dams.
Total money and share ownership combined
To sum it up the insiders bet $5,950,746 minimum plus own about 142,262,383 shares representing approximately 142,262,383/249,949,923 or 56.9% of the company.
This tells me that they not only have $6 million in cash bet but they also own majority of the company and in the end will take this forward for their own benefit and financial gain and on their own time schedule.
BREAKDOWN OF EACH SHARE TRANSACTION REVIEWING THE 10Qs and 10Ks 2011-CURRENT
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=111455659
Dear New and Current Shareholders,
I am putting in a request for all of you to take the shares away that are available and held in your brokerage accounts by putting in good till canceled orders at $100.00 a share for PSPW. I want to eliminate this as an option to allow your broker to loan out our shares because its been known for years that if you place an active order those shares are removed from the pool available for loan by your broker because it has to be held as an active trade ready for sale at the limit price.
We already know that since we own probably 70-85% of the float (estimated to be between 15-20 million shares) as a group since we have accumulated millions of shares over the years going back since 2011 we have a chance to eliminate the brokerages from taking advantage of us against our own interest in seeing PSPW succeed and preventing the shares to be loaned or borrowed.
While I own also about 5% of the float (I know some of you own double this amount) and I plan on listing my shares for $100.00 to remove my shares from the pool or circulation. It’s high enough just so that in the event they put out an 8k or PR detailing their recent $1.4 billion dollar deal (1.27 billion euros) then we are all good. I think it would help our stock especially during the time when the Billionaire Group Falaknaz decide to make future announcements which are coming shortly! This stock is so thin and if there is any naked short selling then we could force a cover when the news is announced which as a whole might DOUBLE OR TRIPLE the stock price even further than where it would naturally move to in heights as I have seen this happen before in stocks in my 20 year history in OTC exclusively.
This is all my opinion and as estimated interpretation of what could happen, one should seek professional financial advice before investing in any OTC Pink sheet stock as there is always HUGE risk present in this arena. Everybody invest at their own risk as penny stocks are the biggest risk to reward plays that you can get as the majority fail
Thank you for your consideration and assistance and may this be a HUGE SUCCESS FOR ALL LONG TERM SHAREHOLDERS! 2017 is our year!
Enthalpy
RECENT SIGNING (AS OF 3/9/2017) CEREMONY BETWEEN SEVERAL HUGE CHINESE GLOBAL INVESTMENT HOLDING COMPANIES AND SHALA ENERGY PLC (PSPWs WHOLLY OWNED 2nd TIER SUBDISUARY) FOR A 1.27 BILLION EURO HYDRO DAM RENEWABLE ENERGY PROJECT IN ALBANIA
Link to the Signing Ceremony on 3/9/2017
Wolfgang Heinl (BOD Technical Adviser For PSPW and General Manager of each PLC)
Juljana Sokoli (Shala Energy PLC Office Manager her name was misspelled in the 3/9/2017 article)
http://www.hndongdian.com/m/show.asp?showid=43 (They Sign Multi-Billion Deals all the time)
ENGLISH TRANSLATION USING GOOGLE TEXT TRANSLATOR
My company and Albania Shala Energy PLC signed the "Albanian water power plant project agreement"
Source: Published: 2017-3-14 Views: 578 times
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March 9, 2017, the United States Eastern Point Global Holdings Group Greater China CEO, Hong Kong East Point Group Co., Ltd. Executive Director, Hunan East Point Global Investment Holdings Development Co., Ltd. Mr. Tang Zhaoyi in the Economic Commission and Albania Shala Energy PLC Successfully signed the "Albanian Hydroelectric Power Station Project Agreement".
Strait cross-strait industrial economic cooperation committee Wang Xinya director, Zhao Qiaoling deputy director, deputy director of Zhibi on behalf of the Chinese witnessed the signing ceremony.
Albanian Water Conservancy Power Station Project Representative: President and CEO of An Lihua Shahe Energy Partners - Jon, Associate General Manager of Ariel Shahe Energy - Yanling, An Lihua Shahe Energy Partner - Norman Gross, Man - Greg, Albanian Hydro Power Station Project Owner, Albanian Shahe Energy General Manager and Shahe Irish Legal Person - Wolfgang Heinl, Albanian Shahe Energy Member - Juliana Sokoli, Berbatie Group Chief Financial Officer - Eric attended the signing ceremony. Mr. Tang Zhaoyi, Chairman of the Board, and Wolfgang Heinl, President of Shala Energy PLC of Albania, have conducted various evaluations of the Albanian hydroelectric power station project to learn more about the development of the Albanian hydropower project. The construction potential of the Albanian hydropower project is significant Agree with.
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Hunan East Point Global Investment Development Co., Ltd. for the People's Republic of China outside the project to accelerate the expansion of investment, the implementation of international priority strategy. Investment orders grew steadily, the Albanian hydroelectric power station project is the East Point Global Holdings Group in Albania's first signing of the project, to further develop the China-Africa market has laid a good foundation.
547799414724323211_ copy .jpg
Wolfgang Heinl said that the Albanian hydroelectric power station project will play a significant role in the development of Albania's electricity and hope that the Albanian hydroelectric power station project will start on schedule and complete the construction task as soon as possible.
The total investment in the Albanian hydroelectric power station project is about 1.27 billion euros. The project will work with China Water Resources and Hydropower Engineering Bureau Co., Ltd. to ensure the smooth completion of construction tasks.
Wolfgang Heinl expressed his appreciation for the good momentum of the construction of the Albanian water conservancy project and shared the views and feelings of visiting China.
125938233082558137_ copy .jpg
Wolfgang Heinl expressed his appreciation for the good momentum of the construction of the Albanian water conservancy project and shared the views and feelings of visiting China.
02.jpg
Greg said that Albania is an important part of the "all the way along the way," the construction of Albania hydropower station project potential, can increase the Albanian hydropower 20%, will produce many jobs to promote regional economic development.
Albania is one of the most abundant hydropower resources in Europe. Power generation is mainly dependent on water resources, but only one third of the current water resources are being used and are affected by climate.
Albania power plant total installed capacity of 1628 megawatts, the annual power generation of about 50 billion degrees. The main power station is Feierze hydropower station, Keman hydropower station, cutting Udayi hydropower station, Wuerze hydropower station, Skopu hydropower station.
In 2013, Albania's domestic electricity generation increased significantly, the import electricity and thus declined, the grid loss rate declined, but the loss increased slightly.
GENERAL ESTIMATED VALUATION (ONE OFFICIALLY CONFIRMED BY COMPANY)
Since we have a $1.35 billion renewable energy project through Shala Energy PLC which is a Wholly owned Subsidiary of 3Power Energy Group (PSPW); the market cap can be estimated based on the total project value and divided by the total issued outstanding shares.
Loan or equity of the project divided by the common issued shares and then apply a multiple of this number of between 1 to 5 which is typical in these type of large project situations give or take. In this case it would be $1.35 billion/250 million issued shares or $5.40/common share of project. If you apply the ratio of 1 to 5 we get a project share price of $5.40 to the high end of $27.00.
An extraordinary assumption is made in these estimated of share price values that require an official PR and/or 8k to be filed with the SEC validating that the signing ceremony as of 3/9/2017 and the companies intent to move forward and construct 1.27 billion euros in hydro dam projects. If the extraordinary assumption is false a significant increase in share price will never occur. This does not include all associated risks as defined in the 10Ks and 10Qs of PSPW.
PSPW LAST NEWS LETTER PUT OUT 11/2015
Describes Shala Energy PLC as the holding company to own the equity of the projects and the funding company. Mentioned negotiating being in negotiations with Chinese Contractors for a Finance Engineering Procurement Document (before the above signing ceremony was discovered)
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)
HISTORY OF PSPW AND ALL OF THE RESEARCH AND DD UNCOVERED AS A GROUP OF LONG TERM MOTIVATED SHAREHOLDERS INVESTED IN 3POWER ENERGY GROUP (PSPW)
Main Website is http://www.3power-energy.com/
Shala Energy PLC (Equity Holding Company) is http://shalaenergyplc.com/
Currently per website Shala Energy PLC is wholly owned subsidiary of PSPW.
Shala Energy shpk (Project Developer and Operator) is http://www.shalaenergyshpk.com/
Currently per website is a partnership between PSPW, (through its Irish wholly owned subsidiary Shala Energy PLC), Falak Properties (owns the Dubai Sports Center) and Interenegro Albania and 75% majority owned by PSPW.
PSPW has but 1.15 million euros into the following PLCs to pay for operations of offices to develop projects.
1. Shala Energy PLC Office Launched in late 2015.
Downloaded from the company registration search in Ireland. Shows audited financials which would be required by AIM for any public uplisting in Ireland. Proof of 1.15 million euros to be used for office expenses to develop projects.
http://www.solocheck.ie/Irish-Company/Shala-Energy-Public-Limited-Company-543390
2. 3Power Energy Projects PLC. It is unknown if there is a current office.
Downloaded from the company registration search in Ireland. Shows audited Financials (full documentation) of 3Power Energy Projects PLC a total of 1.16 million euros. This most likely will be used to launch a second office in the UK or somewhere around the world for further project development. Shows audited financials which would be required by AIM for any public uplisting in Ireland.
https://investorshub.advfn.com/uimage/uploads/2017/2/7/yaebcShala_Energy_Finacial_Statements_2016.png
https://www.duedil.com/company/IE554349/3power-energy-projects-public-limited-company/documents
Original, the 2015 share allotment breakdown showed Shala Energy PLC as a tier 1 subsidiary wholly owned by PSPW directly (condensed) before earlier in 2016 the ownership held by PSPW was transferred to PSPWs other wholly owned subsidiary 3Power Projects PLC in 2016. Shala Energy became a 2nd tiered subsidiary.
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BACKGROUND OF PSPWs MANMAGEMENT DIRECTLY/INDIRECTLY (A WORLD CLASS GROUP)
Here is the family that owns a 1/3 interest in the Dubai Sports Center valued at around $10+ billion dollars. It is held under Falak Holding Group which is their parent corporation and has many entities and subsidiaries which have done many billions of dollars in deals mostly residential development work. The father is Abdulahman Falaknaz and the son is Mohammad Falaknaz are described below. The son has been groomed to take over Falak Holding Group but has a passion for renewable energy projects. The father’s right hand man of Falak Holding Group named Sharif Rahman has been put in charge of 3Power. So here are the heavy hitter’s backgrounds.
In case you don’t know what the Dubai Sports Center is look at this link: http://www.dsc.ae/about/
http://www.dsc.ae/about/partners/
Abdulrahman A. Falaknaz
Former Non Executive Director, Boulder Steel Ltd.
Age Total Calculated Compensation This person is connected to 1 board members in 1 different organizations across 2 different industries.
See Board Relationships
70 --
Background*
Mr. AbdulRahman Ahmad Falaknaz serves as Partner of Dubai Sports City Project. Mr. Falaknaz served as Bills clerk of The British Bank of the Middle East (now HSBC). In 1965, Mr. Falaknaz promoted to deal in foreign exchange and gold bullion and silver bullion on behalf of the British Bank. Mr. Falaknaz serves as Chairman and Director of Falak Holding LLC. He has been Chairman of BQT Solutions Ltd. December 2007 and as its Director since November 28, 2006. He served as Chairman of Boulder Steel Ltd. from December 2007 to March 2010. He served as a Director of 4C Security Solutions Limited from November 28, 2006 to September 30, 2010. Mr. Falaknaz is on the board of a few sporting committees such as: Vice President of the UAE Tennis Federation. Chairman of the Dubai Cricket Council, Vice President of the Emirates Cricket Board, Board member and Financial Director of the UAE Olympic Committee and he is very active in promoting youth sports opportunities in the UAE. Mr. Falaknaz was Educated in Bombay, India from 1952 to 1961 where he obtained Cambridge school certificate.
Mohammed Falaknaz
Chairman, 3Power Energy Group, Inc.
Age Total Calculated Compensation This person is connected to 1 board members in 1 different organizations across 1 different industries.
See Board Relationships
49 --
Background*
Mr. Mohammed Falaknaz serves as Vice President and Spokesperson of the Falak Holding Group (prominent Dubai based family investment company and major shareholder in the Dubai Sport City multi-billion dollar project) and the President of the UAE National Rugby Association. Mr. Falaknaz has been Chairman and Director at 3Power Energy Group, Inc. since December 19, 2011. Mr. Falaknaz has initiated and led local and international events for the Falak Holding Group and the UAE Rugby Association. He has been a Director of 3Power Energy Group Inc. since October 2011. Mr. Falaknaz received a graduate degree in computer science from University of Nebraska.
Sharif Rahman
Chief Executive Officer, Chief Financial Officer, Chief Accounting Officer and Director, 3Power Energy Group, Inc.
Age Total Calculated Compensation This person is connected to 1 board members in 1 different organizations across 1 different industries.
See Board Relationships
66 $180,000
As of Fiscal Year 2014
Background*
Mr. Sharif Rahman has been the Chief Executive Officer and Chief Financial Officer of 3Power Energy Group, Inc. since March 15, 2013 and October 19, 2011 respectively and also serves as its Chief Accounting Officer. Mr. Rahman serves as the Chief Executive Officer of the Falak Holding Group of companies. He has valuable expertise as an entrepreneur and senior executive with a history of involvement in multi-billion dollar projects. He joined the Falaknaz Holding Group at its inception 36 years ago and has been the driving force behind the group's projects - from the startup stage through to full operation. Mr. Rahman remains the Personal Investment and Business Advisor to Mr. Falaknaz and family, a prominent Dubai-based high net worth entrepreneur and the Founder & Owner of the Falak Holding Group. He has a well-established network of relationships in the affluent communities of the Arabian Gulf region and India. In addition to his long-standing work with the Falak Holding Group, he is also the Founder and managing partner of International Expo Consults, one of the Middle East's leading exhibition and trade show organizers established in 1994, as well as Chairman and owner of a $25 million turnover business in India which he founded 20 years ago. He has been a Director of 3Power Energy Group, Inc. since September 12, 2011. Mr. Rahman is a graduate major in commerce from Kerala University in India.
ORIGINAL HYDRO DAM CONCESSIONS AND NEW ONES DISCOVERED
Some of the hydro dam projects that existed on an excel spreadsheet from the Albanian Energy Minister that showed Shala Energy contained a total of 8 hydro dam projects, 2 of which are very large newer hydro dams never announced. The original Shala Energy hydro dam concessions entailed only 6 hydro dams worth $250 million.
ORIGINAL CONCESSION from 2012 (6 hydro dams or 127.6 MWs)
https://www.sec.gov/Archives/edgar/data/1221554/000114420412047167/v321909_ex10-3.htm
Updated Concession Excel Spreadsheet Showing Shala Energy has 8 hydro dams (2 new ones added)
https://investorshub.advfn.com/uimage/uploads/2015/9/2/h[tuqdams.png
ADDITIONAL 53 MWs ADDED in 2012/2013
Additional 53 MWs discovered (Vukel 1 and 2 transferred to Shala Energy per 2012 Newsletter. Interenegro Albania has the ownership in this Albanian small hydro power dam list.
http://www.albania-smallhydropower.org/Lista%20e%20Koncesioneve%20per%20Hidrocentralet%20e%20Vegjel%20ne%20Shqiperi.pdf
Additional information on the Vukel 1 and 2 hydro dams.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=126697856
BRIEF SUMMARY OF THE HISTORY OF 3POWER ENERGY GROUP
2011-2012
The Falaknaz family was brought into PSPW by Hani Salem who was the CEO of a large European bank named Rhudana before it filed for bankruptcy. The Falaknaz family officially joined the team in late 2011. There was a reverse Merger of Seawind into 3Power Energy Group (PSPW). Seawind had secured large solar contracts which were valuable at the time (through Rhudana). However, this was before solar technology improved to the point that every few years the newer technology would reducing the cost of utility scale solar projects by 50% and so there was too much risk with development of the original contracts. These contracts eventually became worthless due to technological obsolescence. Seawind also had wind energy projects in Chile and elsewhere but they were not economically feasible.
2012-2014
3Power Energy Group purchased the Shala Energy renewable hydro dam project in 2012 for a 127.6 MW project in Albania. One of the 3rd largest projects. This was original secured through Interenegro Albania in 2009 with the help of Ekrem Lluka (The Richest Man in Kosovo). Through Falak Properties (a different entity owned by management of PSPW), a credit facility was obtained for a $3 billion line of credit to be used for renewable energy projects through structured financial. This was good for 2012-2013, then expired because they were not ready for the money since the electrical line running North and South where Shala Energy 127.6 MW project was to exist was not constructed yet plus various types of energy reform had not taken place yet in Albania due to the corruption being a post-communist country. Originally Albania was planning on starting the construction of the electrical line in 2012 but it got delayed until June 2014 and which point it took 2 year to completed in June 2016.
Screenshot of Expired 2012-2013 financing showing that our management had in mind many large projects.
Remember a general rule of thumb is for every MW on a utility scale (more than 10MWs size hydro dams) project costs on average $2 million per MW. This is evidenced by Shala Energy 127.6 MW project costing around $250 million or about $2 million per MW. So a $3 billion line of credit would have accommodated 1500 MWs of utility scale hydro dam projects. Their original goal from their website 3powergroup.com no longer available had a goal of 2500 MWs in total power production which would have been $5 billion worth of projects.
2015-2016
Shala Energy PLC launched an office in Tirana, Albania to start the work required to secure the 10-20 permits for the construction of the Shala Energy hydro dam project and to expand and secure additional projects.
NOTICED DISCEPANCY BETWEEN 10K & 10Q IDENTIFYING FALAK HOLDING GROUP AS THE RELATED PARTIES USED FREQUENTLY IN THE FILINGS.
Per 2014 10K
On July 8, 2014, the Company issued 20,330,996 shares of common stock to certain entities designated by Falak Holding in satisfaction of outstanding loan of $357,825.53 at the conversion price of $0.0176 per share.
Per 2014 10Q
In June 2014, the Company issued 20,330,996 shares of its common stock in settlement of $357,825 loan from a related party.
This was proof that they are using their related entities to fund 3Power Energy and indirectly slowly acquire shares interest free loans.
SHARE BREAKDOWN OWNERSHIP OF 3POWER ENERGY GROUP (PSPW) AS OF 2016
Major Insiders of 3Power
Falak Holdings Group and related entities owns an estimated 115,043,292 shares and has advanced cash of $5,350,746 (DATED ESTIMATE)
CEO (also involved with Falak Holding Group management) and former CEO own a combined 12,219,091 shares issued for accrued salary and/or money provided.
Capital Trust Holding AG and its affiliates own 15,000,000 shares for the updated feasibility study costing $600,000 for the hydro dams.
Total money and share ownership combined
To sum it up the insiders bet $5,950,746 minimum plus own about 142,262,383 shares representing approximately 142,262,383/249,949,923 or 56.9% of the company.
This tells me that they not only have $6 million in cash bet but they also own majority of the company and in the end will take this forward for their own benefit and financial gain and on their own time schedule.
BREAKDOWN OF EACH SHARE TRANSACTION REVIEWING THE 10Qs and 10Ks 2011-CURRENT
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