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Wednesday, 01/04/2017 9:04:11 AM

Wednesday, January 04, 2017 9:04:11 AM

Post# of 1598
Hatchetman, You do not know the first thing about energy production, sales, and distribution. Energy is produced by the producers, coal, natural gas, hydropower, wind, and solar. Energy is sold to providers and there's about 50 or more in the U.A., and energy is sold to the end users by distributors and there are many of them in the US. With Deregulation, independent operators are allowed into this circle which at present includes 17 States. Now, PRHL has a distributor in Chicago and other locations with 200,000 end use contracts in hand and that number is growing 7,000 per month. PRHL had a Provider (Lexington Power and Light) but that one blew up because of deception by Lexington and PRHL withdrew from the transaction. PRHL purchased AIC, a Provider with no prior business and only a FERC license. In order for PRHL to use AIC as a Provider, it must transfer the ownership name from prior owners (Mr. Cohen and other ) to PRHL and that requires FERC's permission. Why, because FERC is adamant about avoiding monopoly of the energy business and producers cannot be owned by provider, and distributors. That background search takes a long time and now I believe PRHL should receive permission from FERC for the sale to be acceptable to FERC imminently. I have done my homework but I can see you are shooting from the hip. When The Power Company puts 50,000 contracts into AIC, that translates into $50 millions dollars revenue in 2017. At .065 PRHL is a steal.
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