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Polaris Renewable Energy Inc T.PIF

Alternate Symbol(s):  RAMPF

Polaris Renewable Energy Inc. is engaged in the acquisition, development and operation of renewable energy projects in Latin America. It operates 82 megawatts (MW) geothermal facility in Nicaragua, three run-of-river hydroelectric facilities in Peru, with a combined capacity of approximately 33 MW, a 25 MW solar plant facility in Dominican Republic, a six MW run-of-river hydroelectric facility in Ecuador and a 10 MW solar plant in Panama. Through its subsidiary, Emerald Solar Energy SRL, it operates the Canoa I Solar Park located in the Barahona Province, Dominican Republic. Its San Jacinto-Tizate Geothermal plant is located in northwestern Nicaragua, in the sire of San Jacinto, municipality of Telica, 20 kilometers from the city of Leon. Its Vista Hermosa Solar Parks are located in the village of Vista Hermosa, Corregimiento de Pueblos Unidos, Aguadulce district, Cocle Province. Through its subsidiary Generacion Andina SAC, it owns 8 de Agosto, a Run of River hydroelectric operation.


TSX:PIF - Post by User

Post by oilandgas111on Aug 08, 2011 10:29am
188 Views
Post# 18915977

0.37$, 0.4 broke down as I warn us before

0.37$, 0.4 broke down as I warn us beforeCosmic
U see once again I was right. U have some sh**t in ur eyes that u can face the reality. This company is almost bankrupt. There are now 3 weeks late in their credit facility and will be out of cash in about 2 weeks.
Everyday we approach the day they are out of cash that is why investor are leaving like mad. In about 2 weeks if they dont get that credit facility they will have to make another fundraising at 0.2$ and double the number of shares. I have warn u so much times since we are at 2.5$ about all of this but u behave like an autist and dont see the reality.
I think u might be the only person left who are still some shares in this PIG. Nobody cant be as crazy as u. If I had stock now I would rather sell it now at 0.37$ than waiting few months and be at 0.2$.
Even if they get their credit facility before they run out of cash. This management is so incompetent that they will have other overuncost over the next few months (as usual) and the stock price will go down to 0.2$ before the next financing.
In either way it is a loose loose situation
I hope begin to see the reality now. 
Best
Julien 
   
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