TopDollar Investing

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PSPW Next Month Might Be the Month this stock rocks. Check out the 3 8ks put out in the last 4 months. They signed an MOU with the largest Chinese State Owned Hydro Dam Construction Company in the world that does like 70 billion in projects a year. I anticipate at some point they will close the $288 million in debt/equity financing and start construction after years of waiting. The stock price should move to between $2 to $5 on any official 8k released showing PSPW obtained the financing or started construction news. Shala Energy PLC is 75% owned by PSPW and partnered 25% with Falak Properties that holds 50% joint interest in the Dubai Sports City and many other multi billion dollar entities. At some point they will have to build these hydrodams at a minimum. I am still hoping for a reverse merger play as the current CEO of PSPW is the same CEO of Falak Properties; one of the same and the CEO owns 6% of the shares in PSPW. Float is estimated at 20 million shares with between 75% to 91% of issued owned by insiders.

https://ih.advfn.com/stock-market/USOTC/3power-energy-group-inc-pc-PSPW/stock-news/78625229/current-report-filing-8-k

On 15 th September 2018, Shala Energy Plc, a company majority owned by 3Power Energy Group Inc, received a Finance Bank Capacity Letter on behalf of its group company, 3Power Shala Sh.p.k., confirming €253 million available debt and equity finance/investment, subject to satisfactory financial and technical due diligence confirmation and thereafter subject to agreeable debt and equity terms. The available finance and finance investment is dedicated firstly to the development and construction on the Shala River of Lekaj and Breg Lumi Hydropower Cascades and for the Vajisht Hydropower Dam, and secondly for further development and/or acquisition of Albanian hydropower facilities, totalling approx. 200 MW. The Shala River Power Plants are designed to provide 83.450 MW to generate 321,465,617 KW/h of exportable electricity. There is, however, no assurance that the debt and equity financing will close and be funded.


https://ih.advfn.com/stock-market/USOTC/3power-energy-group-inc-pc-PSPW/stock-news/78689279/current-report-filing-8-k

On September 24, 2018, 3Power Shala Sh.p.k., a company of Shala Energy Plc, which are majority owned by 3Power Energy Group Inc, entered into a Memorandum of Understanding with Sinohydro Corporation Limited, a subsidiary of Power China International Corporation Limited, to provide the required EPC+F (“Engineering, Procurement, Construction plus Finance”) services for the development and construction of 2 Hydro Cascades (Lekaj and Breg Lumi) and 1 Hydro Dam (Vajishti), providing a total of approximately 83.5 MW of exportable electricity (321,465,637 Kw/h). The MOU is subject to satisfactory technical and financial due diligence, The due diligence and pre-engineering work commenced in October 2018. There is, however, no assurance that the debt and equity financing will close and be funded.

https://ih.advfn.com/stock-market/USOTC/3power-energy-group-inc-pc-PSPW/stock-news/78767841/current-report-filing-8-k

In October 2018, hydrologists, geologists and other hydro experts of Power China Chengdu Engineering Corporation, a subsidiary of Power China International Corporation Ltd, inspected the proposed sites on the Shala River, Albania, for the two Hydropower Cascades (Lekaj and Breg Lumi) and the proposed site for the large Hydro Dam (Vajishti) as part of their technical and pre-engineering due diligence appraisal. We expect the due diligence report to be furnished to 3Power in January 2019. The combined exportable electricity production is expected to produce approx. 83.5 MW (321,465,637 Kw/h)