Yes, we don't say much about 3power wanting to sell $75 mil USD worth of shares for financing. That is pure dilution. Big question heh, at what WHAT PRICE?! I bet we won't know until they actually file the S-1. We will have to see who the 'selected investors' are really. I do feel they will dilute this out in due time though, and I bet current shareholders feel it. We've seen it too many times before on other OTCBB stocks.
Your financial advisor's are 110% spot on, this is a huge risk. This is NOT a company with a history or any sort of security in the filings. It's an OTCBB company touting stuff they've yet to deliver on. The "Debt to Equity" PR sticks in my head.
Put up or Shut up is indeed the situation because even the OTCBB investors don't care, and the volume and pps show it. I hope 3power releases something that people actually care about. The last PR's didn't do anything.
A laughable subject - These guys went to the University of Nebraska and can't spell a damn thing. What gives?
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