Post by
Therealstory on Feb 04, 2024 1:40am
Pwr stock
Pwr stock going down...any new news with the infamous paddle ball...or anything else to bring this stock back up
Comment by
tylerreddick on Feb 04, 2024 9:43am
Who cares? PWR has little to do with GRB now.
Comment by
shneps on Feb 04, 2024 10:27am
You should care because if Jeff lets PWR die then all the money raised for Sage Ranch doesn't need to be paid back.
Comment by
Therealstory on Feb 04, 2024 2:26pm
So just let the share holders sink...what a lovely way to lose
Comment by
tylerreddick on Feb 04, 2024 3:14pm
Stupid comment, schneps. PWR isn't going to die until that money is paid back, so your comment is worthless.
Comment by
shneps on Feb 04, 2024 3:52pm
There was no issue in taking the $90M of net profit that PWR shareholders were supposed to receive. $4.5M-$5M was found to buy Ronnie Strasser's Padel Club but no money to complete the financing requirements needed to finish funding Sage Ranch. They only needed a $3M debenture to get to the finish line. Who's stupid now Tyler. Wake up.
Comment by
Therealstory on Feb 04, 2024 4:01pm
So how do we recoup that lose..ask Ronnie for the money ...
Comment by
tylerreddick on Feb 04, 2024 4:53pm
Who is stupid? Not me, as I never even considered "investing" in PWR. Is that why you as so pizzed at Jeff? You lose a bunch of money on PWR?
Comment by
Jimmyjohn1111 on Feb 04, 2024 5:48pm
To be fair I invested in pwr at the same time I bought into GRB. Still have shares in both. I am also a little pissed at how PWR played out. Seemed shady.
Comment by
tylerreddick on Feb 04, 2024 6:12pm
Anyone who bought either stock should have known how Western Wind went over the years. In the end it turned out pretty good, but it was a rollercoaster. I never expected anything different here, but considered PWR to be much less attractive than GRB as a speculative investment. JMO