Replies to post #22874 on 3Power Energy Group Inc (PSPW)

[sctts]

So anyone please join in and correct my ruminations,
Green Energy today has a problem with affordability, oil , coal and natural gas are inherently cheaper.
I know government subsidies had been generously granted for those on Long Island (NY) for the installation of solar panels, the payback in the individuals power bill not being large enough to entice someone to pay full price for the solar panels, plus the problems with uncooperative weather at times.
I believe the Italian projects were contingent on the government continuing their subsidy programs to build the plants. (Or find additional financing)
Is this green energy readily transferable to the already existing power grids (great if it is), and the projected plants would be fully capable of providing full power to whatever entity purchased the power.
I believe Seawind in South America provides full power to corporate clients enabling them to pull their business off of the local power grid.
A lot to digest , time to review the 10K , I think it gives better approximations of the funding required.
They are really biting off quite a bit here, but if they proceed with the same deliberate, precise fashion as demonstrated so far, I would think that improves the odds for success, although it might not make some antsy shareholders happy. :)

[narnia1000]

Yes, and imagine a PE of only 10. :)