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Re: Choi post# 388

Wednesday, 01/26/2011 2:31:42 PM

Wednesday, January 26, 2011 2:31:42 PM

Post# of 95343
3POWER is currently in negotiation with selected financial investors to provide a long-term loan of U.S. $50 million and equity participation in the project's pipeline. Upon the completion of the merger, 3POWER expects to exit from shell status and intends to seek a listing on NASDAQ as soon as reasonably possible