Premier Holding Corp. (fka PRHL)

[Elliot09]

Waka, PRHL has seasoned management. I researched the background of Randy Letcavage and he managed Cal Pers which is a multibillion dollar concern for the State of California. His money connections are many. The last 10Q showed almost 2 million dollars in the cash register. That should tell you something. The one bad error management made was with Lexington Light and Power which PRHL bought as its provider. Turned out PRHL was mislead in its due diligence and ended up with a dud. That cost PRHL dearly and about one year delay in its business plan. AIC has had no business, and only a FERC license so I am expecting big things from AIC when TPC starts to insert contracts into AIC. I also heard that a group of Chinese have invested in PRHL and that we will find out when the 10K is filed. I don't know of one negative on PRHL's sheets so hopefully, the first of the New Year should shed some light on what we have.