Will 3Power Energy Group’s (PSPW) Upcoming Quarterly Report Reveal Company’s Plans?

Share
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  

For many investors it’s been a long time coming…. A precise plan on how 3Power Energy Group Inc (OTCMKTS:PSPW) may turn a shell of a company into a global green energy powerhouse. That plan may be on it’s way, at least in part via the company’s fourth quarter report sceduled for release later this month. While, its been years since any substantial news has been released by 3Power Energy Group Inc (OTCMKTS:PSPW), signs point to this quiet period perhaps coming to an end. With changes on the companys website recently, and Interenergo Albania, the consortium holder for 3Power Energy Group’s (OTCMKTS:PSPW) concession rights to the Shala Project, finally receiving approval by the government of Albania for their proposed hydropower plants, 2016 appears to be the year things may finally come together.

Will the company’s fourth quarter report reveal any additional details about these seemingly inevitable business dealing? It’s really anyone’s guess, but with the stock trading at just over $0.06 per share and a market cap of barely $22 milion, any major move by this green energy startup could have huge implications for shareholders. The potential is certainly there, but investors appear exhausted from waiting for this possible powerhouse of a company to get off the ground. We will continue to follow this stock carefully over the remainder of the year as new details emerge regarding their hydropower ambitions.

The stock is up 4.84% or $0.003 following the news, hitting $0.065 per share. About 100 shares traded hands. PSPW has risen 20.00% since July 7, 2015 and is uptrending. It has outperformed the S&P500 by 28.87%.

3Power Energy Group, Inc. is a development-stage company. The company has a market cap of $22.29 million. The principal planned business of Company is to sell electricity generated by solar, wind, hydro, biomass and other renewable energy resources and to develop, build and operate power plants based on these technologies. It currently has negative earnings. The core approach of the Company’s planned business is to deliver energy in markets where there is an inherent energy gap between supply and demand or where there exists 1 term, stable, government-backed financial support for the development of renewable energy.

#focuskw=’3Power Energy Group Inc (OTCMKTS:PSPW)’##metadesc=’For many investors it’s been a long time coming…. A precise plan on how 3Power Energy Group Inc (OTCMKTS:PSPW) may turn a shell of a company into a global green energy powerhouse. That plan may be on it’s way, at least in part via the company’s fourth quarter report sceduled for release later this month. While, its been years since any substantial news has been released by 3Power Energy Group Inc (OTCMKTS:PSPW), signs point to this quiet period perhaps coming to an end. With changes on the companys website recently, and Interenergo Albania, the consortium holder for 3Power Energy Group’s (OTCMKTS:PSPW) concession rights to the Shala Project, finally receiving approval by the government of Albania for their proposed hydropower plants, 2016 appears to be the year things may finally come together.Will the company’s fourth quarter report reveal any additional details about these seemingly inevitable business dealing? It’s really anyone’s guess, but with the stock trading at just over $0.06 per share and a market cap of barely $22 milion, any major move by this green energy startup could have huge implications for shareholders. The potential is certainly there, but investors appear exhausted from waiting for this possible powerhouse of a company to get off the ground. We will continue to follow this stock carefully over the remainder of the year as new details emerge regarding their hydropower ambitions. ‘##metarobot=’index’##newskw=’Zafgen Inc positive news,Zafgen Inc – (NASDAQ:ZFGN),NASDAQ:ZFGN Analyst rating analysis,Stock Analysis,Outlook and potential,ZFGN Price change and trend,ZFGN stock update’##sitemap=’include’##skipsocial##stockticker=’OTCMKTS:PSPW’#