3Power Energy Group Inc (PSPW)

[davied25]

Pull up the first document in the message below from the Albanian filings for 3Power Shala Sh.pk:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=142597170

Read it in conjunction with disclosure from the March 2018 10Q (the most recent one filed):

“Acquisition of Shala Energy Plc
In October 2017, the Company acquired 45% of Shala Energy Plc, a Republic of Ireland corporation. Effective October 20, 2017, ownership was increased to 75% by acquiring an additional 30% from Falak Enterprises, a related party. Shala Energy Plc was formed to assist with financing opportunities. Purchase price of the 45% and additional 30% has yet to be determined and no consideration has been transferred. Shala Energy Plc is a recently formed entity with no significant assets or liabilities.

On October 20, 2017 Shala Energy Plc formed a 80% owned subsidiary, 3Power Shala Sh.Pk, as an Albanian Special Purpose Vehicle (“SPV”) as required by Albanian law, to bid and to successfully acquire an 83.5MW Shala River Concession.”