3Power Energy Group Inc (PSPW)

[davied25]

Hey Joe. What’s your definition of “dead” in this scenario? If we’re talking in terms of writing off a loss for tax purposes, it sounds like you’re right on point. But if we’re talking about whether something can ever be revived in the future, “dead” takes on a new meaning. I clean & revive “dead” public companies, and each one has a unique history that can dictate the quality of its viability in the future. But as long as a “dead” public company meets the requirements of the SEC’s amendments to 15c2-11, it can be revived back to trading status. Now, there may be issues keeping a company from meeting those requirements, and depending on the situation, it may not be able to meet the requirements ever. However, PSPW still has all the pieces in place to meet the requirements, it’s just a matter of when the officers will spend the money to accomplish what is required.