3Power Energy Group Inc (PSPW)

[GemSeeker]

Yes...

PSPW will use part of the new Authorized pool of 300,000 shares to raise Capital. No doubt... it is simply a question of how many shares they will sell and thereby increase the float.

Just like every other Public Company... The main reason they go public is to raise Capital.

So it is in the best interest of PSPW to have the PPS as high as possible to achieve maximum capital acquisition.

They would much rather sell shares at 4-7 dollars a share rather than 1 dollar a share... This is Common Sense.

The fact they raised the Authorized Shares to 300,000 is extremently important. They are defintely going to use a nice chunk of those shares to distribute into the float and raise massive capital for business expansion.

Companies go Public to Raise Capital and increase the PPS for maximum ROI to their shareholders (We as Investors). Period!
That is the essence of Wall Street!