3Power Energy Group Inc (PSPW)

[wakl]

REPOST:


enthalpy Tuesday, 02/07/17 09:14:03 PM
Re: enthalpy post# 76222 0
Post # of 86890
Now PSPW controls 3Power Energy Projects PLC 49.6% and 3Power Energy Projects PLC controls 51% of Shala Energy PLC. Tiered it down in series instead of a parallel connection. Makes you wonder?

5,762,990/11,622,000 equals 49.6% so I am not sure why its set up like this but I do believe PSPW controls the 23 of the private party Ltds which will never be disclosed who owns those because its confidential and reserved for institutional and very rich people. These 23 private party Ltds also get ownership in Shala Energy PLC and 3Power Energy Projects PLC and GREW Energy PLC. Its way to elaborate and complex designed for betting BIG money. Even financial executives who reviewed the data have stated its alot of work for a small project as a small project would only require and LLC for the one project. PSPW can technically be assigned the Ltds and we would never know that we have controlling interest and if they need to raise cash they can spin off an Ltd for X percentage to fund the projects. I eventually expect to see more LLCs or Ltds be placed under the PLCs for each separate project that way if it fails they can spin it off versus having a group of 20 projects go down at once. They need to set it up this way to protect all parties involved and we will never know who will be owning the private party Ltds.

If this was dead they would not have funded 2.3 million euros into these PLCs. The party should start this year when the stock market is HOT!

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