InvestorsHub Logo
Followers 62
Posts 10923
Boards Moderated 0
Alias Born 02/26/2011

Re: Helikon post# 45597

Saturday, 11/05/2011 10:54:44 AM

Saturday, November 05, 2011 10:54:44 AM

Post# of 95208
The Rudana money already had PSPW for several years now, I believe it was their intention to enter this market years ago, Falak Holdings has expressed their desire to expand into energy for years. PSPW was their shell company, waiting for the right opportunity.
They found someone with 10 years experience , Seawind, and must have made them an offer they couldn't refuse. :)
As long as they play nice together, it seems like a excellent fit for both. Partnerships are never easy, just ask anyone with a 2 or 3 person partnership.

Wilson, having built his business over 10 years, is not going to like to hear how to do things, and Falak, if supplying the money will not like to be told , we have the expertise, you just supply the money.
Having said that, Wilson has almost (Seawind International, the wild card) all his chips on the table, and we have yet to see what Falak has on the table.
Hopefully (for us) the enormous profit potential will create a happy partnership,
And I don't envision this going private, they already own 80% of the shares, I figure they will issue or sell off more stock to finance additional expansion if needed.
But what do I know :)