3Power Energy Group Inc (PSPW)

[Pepperchino]

Thanks a bunch for your awesome DD chiofunds! I am truly thankful because there is no way I could dig this information up with the limited amount of time I have in a day. It makes it so much easier to confirm what is happening here.

I've got a question for you (or anyone else) regarding the share structure, how does the following statement affect your projections and did you account for this increase in the A/S?

For purposes of consummating the Acquisition, PSP shall increase its authorized share capital to 200,000,000 shares prior to issuing shares in exchange for the interests of Seawind. Rudana Investment Group AG ("Rudana"), the majority shareholder of PSP, shall, prior to the closing of the Acquisition, contribute into the new PSP structure certain Hydro power projects described in the Term Sheet. At the closing of the Acquisition, Seawind shall tender all of the issued and outstanding shares of Seawind to PSP, and PSP shall issue to the owners of Seawind shares equal in amount to the number of shares owned by Rudana.

To me this says they will increase AS by 100 million shares (doubling the current AS) prior to closing the acquisition.

Also, how many shares are owned by Rudana? I recall something like 67% of the AS? That would be 67mil shares will be in Rudana's hands and another 67mil shares will be in Seawind owner's hands, for a total of 67% owned by insiders out of a total 200 mil shares after the deal is done this month.

Thanks again for sharing your DD with this board.

Easy