I talked w Randy on Friday. I mentioned 3 power is a cousin corporation and that Falak Holdings owns a large percentage of this company and we have not had an update for 2 years and were concerned that structured financial was bought out by that mdcm bank. He said it was more like the other way around. He mentioned that the Falak Holding Group was approved for the 3 billion credit facility and that he can't say anymore due to confidentiality except that it was not for 3 power and instead a sister company or entity of Falak Holding.
He said 2 years is a long time wo an update. Gave me a name to contact but could not find the contact. A real professional. I had also sent an email and like 5 people asked the same question including Joe. They don't like the robo emails or many people asking the same questions.
They may be getting their own financing lined up for 3 power or he forgot that the loan was also for Albania since the structured financial website said for energy projects in the US UK and Albania.
Bottom line is Falak Group still has the credit facility ready to go and be used. I still think part of it is for 3 power hydro dams. Time will tell. Hoping for the 2 year mark next week we get an update.
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