3Power Energy Group Inc (PSPW)

[davied25]

Just answered my own question, had to look at my previous research haha. That first 20,498,000 were Rudana's portion and 19,607,000 were Hany's for putting the deal together. All or part of one of those share blocks is likely still tied up in litigation, and the other has likely been sold off into the float over the years. 20,000,000 (YellowFeather) and 20,000,000 (Ecoserve) are in Falak's possession. PAL as well. Add that 47 mil to whatever the running number of Falaks holdings were plus add Sharifs salary converted into shares and we get the 75-91% range. If any of Hany's or Rudana's shares have made it into Falaks hands, their total holdings are closer to the 91%. If they're in the float, Falak still owns 75% and the longs own almost all of the other 25%.

When either last year's 10k and/or this year's 10k is filed, we should know who's holding what.