3Power Energy Group Inc (PSPW)

[bman17]

From the 10K:

Customers

As of the period covered by this Report, the Company is a development stage business planning to provide solar power and other renewable energies and we anticipate that we will do business mainly in Europe, and that our Company will operate solar photovoltaic power plants for which power is produced for sale to local or regional electrical grids. We intend to enter into strategic alliances with others engaged in the manufacture and/or assembly of solar modules. During the period covered by this Report the Company did not have any customers. As of the end of the period covered by this Report, the Company had not commenced the construction of any solar plants. We plan to outsource most of the Company’s operations to vendors who will work exclusively for the Company, and while the Company anticipates maintaining the overall project management, control, administration and finance within Company staff. Subsequent to the period covered by this Report, we have determined to expand the scope of our activity to develop and operate wind power plants in Chile and other countries worldwide.