Replies to post #52508 on 3Power Energy Group Inc (PSPW)

[Windchime]

Geez Adeez!!

How will they get big investors to invest 75 million without showing them something they can believe it. I would find it hard to believe that new investors will hand over their money without some assurances. You are worried about them raising the money, I'd be more worried if they can't.

[Chas126]

I will be glad to see the pps hit .50 :)

[rookiecrd1]

We all knew and expected that they would eventually issue new shares. Looks like these will be restricted preferred shares which will not affect share holders for a long time, and in fact likely show us the true value of the company based on what these new shares are able to be converted at.

The OS will likely be under 250 million shares which will be nothing considering the shear scale and scope of this company, and what they have in the pipeline. Just my opinion.

[sctts]

Ok, let's get a little more specific,
Authorized for 300 million shares, say 100 million shares outstanding
Want to raise 75 million in cash.
Cheapest price possible is what, .375

Which is where we are now, more or less.

Also remember, 80 % of those 100 million shares are held by insiders, the original Seawind Falak owners.
If we get diluted, they get diluted also.

Am feeling a little better today than before, the prospects of making some decent money here is good, but if they actually create the company they are proposing there will be a tempation to hold a large number of shares for as long term investment.

Hopefully this will all unfold within 2 months, meanwhile the rollercoaster ride continues.....