3Power Energy Group Inc (PSPW)

[davied25]

I’ve mentioned previously that my opinion is that until 2015-2016, there was NOT much strategy other than Shala, which was on hold with the original concession, a corrupt government, and environmental issues. I cannot prove but do believe there were two things that occurred during ‘15-‘16 that may have led them to see an opportunity in PSPW for more than Shala: achieving majority shareholdings through “unplanned” deals, and some sort of fallout/litigation with Hani. I’m sure there are some reading this who can prove (or disprove) these things, but publicly will not. That is just the way it is and ok with me.

After that time period (and a canceled concession), they “got serious.” 2017 brought the Chinese/Albanian water conservation project (although we don’t the status or how it fits in), a clean Shala concession granted to the company then signed with the government in 2018 (with a deposit of $ millions), and delays in reporting quarterlies and annuals for unknown reasons, yet progress with Shala engineering studies and funding still continues.

You may be wondering that, if I can see all this, how can I question signs that may point to a reverse merge with Falak entities? My answer: I’m not convinced yet they really know what they want to do with it all, other than Shala. Which leads back to seeking more about their “why,” otherwise it’s all just assumptions based on our own paradigms. And all of this is just my opinion, obviously.