374Water Inc. — Director's Dealing 2010

Feb 16, 2010

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: POWERVERDE, INC. (PWVI)
CIK: 0000933972
Period of Report: 2009-12-31

Reporting Person: BARKER FRED (Director, Vice President and Secretary, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-08-15	COMMON STOCK	G	750000	$0.00	Disposed	2865990	Indirect
2009-03-31	COMMON STOCK	J	200000	$0.00	Disposed	2665990	Indirect
2009-03-31	COMMON STOCK	G	50000	$0.00	Disposed	2615990	Indirect
2009-11-09	COMMON STOCK	J	600000	$0.00	Disposed	2015990	Indirect
2009-11-09	COMMON STOCK	J	600000	$0.00	Acquired	600000	Indirect
2009-11-09	COMMON STOCK	J	2015990	$0.00	Disposed	0	Indirect
2009-11-09	COMMON STOCK	J	2015990	$0.00	Acquired	2015990	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
COMMON STOCK	3615990	Direct

Footnotes

F1: These shares were transferred by Mr. Barker as part of a pledge to a lender and such shares were issued in the name of the pledgee.

F2: Fred and Cindy Barker JT TEN transferred these 600,000 shares of common stock of the Issuer to PowerVerde Holdings LLC, a limited liability company of which Fred and Cindy Barker JT TEN are the sole members and have complete control of such shares.

F3: Fred and Cindy Barker JT TEN are the sole members of PowerVerde Holdings LLC and have complete control of such shares.

F4: Fred and Cindy Barker JT TEN transferred these 2,015,990 shares of common stock of the Issuer to PowerVerde Consulting LLC, a limited liability company of which Fred and Cindy Barker JT TEN are the sole members and have complete control of such shares.

F5: Fred and Cindy Barker JT TEN are the sole members of PowerVerde Consulting LLC and have complete control of such shares.