Replies to post #68880 on 3Power Energy Group Inc (PSPW)

[enthalpy]

Read the international codes for business descriptions. Please tell me how you interpret the codes?

Its all right in front of us about which company is doing what and what their role is for their creation. 3Power Energy Projects PLC is code [40.10] generation and sale of electricity. Whereas Shala Energy is [74.15] Management activities of holding companies. SO maybe this is the holding company and Shala Energy SHPK is the project company.

The other entities in general are coded 65.23 Other financial intermediate n.e.c.essentially they are there to provide the CASH down payment IMO.

Notice SHALA ENERGY PLC the international classification code is right there in bold!!! Check out the description. What do you think Shala Energy PLC is going to do?


http://www.top500.de/lexikon/nace_code_74_15.php

The NACE Code 74.15 is described as
Management activities of holding companies

Description
This class includes:
· activities of managing holding companies primarily engaged in holding the securities of (or other equity interests in) companies and enterprises for the purpose of owning a controlling interest or influencing the management decisions
This class also includes
· activities of head offices, centralised administrative offices and the like that administer, oversee, and manage other units of the company or enterprise and that normally undertake the strategic or organisational planning and decision-making role of the company or enterprise.


https://www.repak.ie/files/PDFs/NaceCodesJQ.pdf

65.23 Other financial intermediation n.e.c.
This class includes:
- other financial intermediation primarily concerned with distributing funds other than by making loans:
• investment in securities, e.g. shares, bonds, bills, unit trust units, etc.
• dealing for own account by securities dealers
• investment in property where this is carried out primarily for other financial intermediaries (e.g. property unit
trusts)
• writing of swaps, options and other hedging arrangements
This class excludes:
- financial leasing, see 65.21
- security dealing on behalf of others, see 67.12
- trade, leasing and renting of property, see 70
- operational leasing, see 71











http://www.solocheck.ie/Irish-Company/Fonds-Investment-Capital-Limited-464840

Of course the list of companies are all in the right side with the same directors.