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frogskissvalue.blogspot.com
The Frog's Kiss
The Frog's Kiss Friday, December 24, 2010 Global Power Equipment Group - Investment Profile Global Power (GLPW) is a post reorg equity whose predecessor went into bankruptcy due to accounting irregularities. The structural rather than economic nature of the bankruptcy means that the business is good but the market?s perception of it is bad. As a result, a discrepancy exists between the price and value. GLPW has brought in new management, relisted on the NASDAQ, shed a loss-making unit