3Power Energy Group Inc (PSPW)

[davied25]

I’m with you, not 60 mil in that time period. But based on those volume numbers 2011 to now (86.4 million traded), it looks feasible to me that 40 million could have been sold into the float over time. That is, 20.4 original Rudana plus 19.6 Viewpoint.

Eccoserve 20 mil was already broken out from Julius Baer, so not part of that 60 mil. And we know Yellowfeather 20 mil was bought by Falak also. Those two groups are the Seawind shares. The two other groups of that 60.1 mil are what I’m either not reading correctly from the filings, or I don’t have first hand accounts to support Falak buying them back. Which is why I was wondering, in the worst-case scenario, could that Viewpoint 19.6 and the original Rudana 20.4 have been sold into the float?

I mean, did I miss that Falak got Rudana’s shares out of bankruptcy (which def could have happened)? And it was Hany (not Falak) that set up the Seawind merger and was Viewpoint, right? Those are the assumptions I’m working within.

As for how it trades, I would agree with you. That’s why I was saying perhaps longs hold way more shares collectively than we think, so it trades as if the float was way lower (we all have our sells set high, MMs sell short, etc).