3Power Energy Group Inc (PSPW)

[kfa670]

example they were going to give a $50M credit to a Co that reverse merged with a shell.

It would be quite bold, however at that time it seemed that the PSPW shell was going to be bringing contributions to the table as well (Rudana contracts) Which hopefully we learn about soon.

Personally, and I know others on the board, were wary of this loan in the first place. We secured the loan, merger took place, and then low and behold the loan guy is named CEO and bam everything goes dark. That was all pretty crummy. As for the 8 mil shares, if they were dumped then yes people made some good $$, but you have to admit, The company itself really never pumped this thing up. They only ever released legit info. They could have had a truckload of poofy PR's right around the time of the merger to probably send this even higher, but didn't.

Even now with the price where it is, I think things will turn around. We'll see what Durrant can do.