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Replies to post #19600 on 3Power Energy Group Inc (PSPW)

Replies to #19600 on 3Power Energy Group Inc (PSPW)
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Outlaw

04/16/11 12:56 AM

#19601 RE: Kubisiak5 #19600

Since it came out after the market closed... tells me that the company is completing their business plan, and that would be the reason for the spike...

Also seems to me like most of the preliminary work is done or darn near it...$$$ are coming here quick!

And if you READ the PR, and the DD provided here you wouldnt have posted this!

Did you guys even read the 10k? Its sounds awful to me! And Im usually a positive thinker on this stocks. Can someone explain to me why the stock went up 30% on THAT report. Is it just because it was a knee-jerk reaction to news?
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rookiecrd1

04/16/11 2:51 AM

#19607 RE: Kubisiak5 #19600

You need to have followed this company over the last 2 months to understand why the 10k was so important. The financials behind pspw are not the important part, it's the tidbits of information regarding the merger of Seawind and Rudana's Albanian assets which are so incredible. The 10k just ties some of this together and moves things along.
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Goodspeed65

04/16/11 6:29 AM

#19612 RE: Kubisiak5 #19600

I also looked at the section of risk and it looked daunting, but as Narnia alluded to, I am starting to see the bigger picture. There are A LOT of hurdles to get by, including regulatory and financial for 3POWER to become a viable operation. That being said, I believe, and somebody can correct me if I am wrong, that with the acquisition of Seawind/Seawind International, much of the debate about capital is answered. With the merger, PSPW in essence exits shell status and has a base structure with Seawind and their financials, a BOD with five individuals and a full infrastructure with a private company that was ALREADY making money. Kub, when the companies merge, many of the risk factors become lessened. Besides, who the heck wants to invest in a company that doesn't scaffold their business plan and who isn't transparent about their operation and the risks involved? I believe this was a "voluntary" disclosure? They didn't have to tell us anything, yet here they are laying it all out. This makes them dead serious about their operation. GLTY.

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