3Power Energy Group Inc (PSPW)

[Helikon]

It's okay to take a risk when you go to Stock market.
Only 3PowerEnergyGroup was bought by millionaires in the UAE, so you would expect them to be able to run and build a renewable energy company. Especially at a time when this is very important, even over 10 years ago. But they didn't manage to do that; they ran the company down. They had no idea about the technology that this company was supposed to advance - photovoltaics, wind energy, hydroelectric power plants.... This turned a good company into a penny stock, actually nothing. So you can't know that millionaires will ruin a company. But as I said, they didn't even have a clue how to use their millions so that the company would make sales and therefore profit. Our mistake was always hoping they would make it instead of getting out early.
Of course now there is nothing left but to hope that they are able to build a good company. Let's see whether we as shareholders of PSPW benefit from this. The other question is how many weeks, months, years...
Everyone wonderful Pentecost without climate shocks.