The time for words is long past, Action is what is called for now!
That being said ,
I am starting to feel a bit more secure here, although my financial advisors have said they will try to declare me mentally incompetent and take control of my finances if I choose to buy more shares, lol, I am a bit over weighted here.
They are going to issue new shares for the purpose of raising funds, being that we the reckless riverboat gamblers own approximately only 20 % of the OS bodes well, we are just along for the ride. If they can convince legitimate investors with large bankrolls to buy shares, and undoubtably must provide them a more transparent view of the company that we have not seen , I will just wait with bated breath.
The offering will be for raising USD 75M in a placement to selected investors. The company management are currently working with its financial advisors to define the placement terms.
Albania, the partners should be preparing their plan to investors within a week or two, and they are meeting in Greece, hopefully that will move things along there.
Italy: No timeline or expectations given here:
Technical and legal due diligences are in progress. The company is in preparation of the documents required to replace the current owners in the project financing contracts with debt providing banks.
And there are wind projects galore being explored all over the Virginia Beach area.
3Power is looking at several opportunities in the USA market to acquire licenses and operational renewable energy power plants specifically in Wind + Waste & Biomass Energy.
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