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Today, 1/14/20, the volume traded in PRHL is 280,000 shares and the value of PRHL is up another 50%. If this isn't telling us something I don't read tapes very well. Whatever the case, I like the direction of the stock. Keep it up baby, I like it.
This AM 260,000 shares have traded up 50% in value. After such a long time with no activity to see this out of the blue makes you wonder what's cooking? If anyone has any ideas, please post your thoughts. Still another 90 minutes to go.
Keber, In my earlier post I listed all the negatives with AOTS but I failed to list the positive facts.
Currently, AOTS has 3 financial specialists looking to raise investment capital. AOTS owns TPC and Rescom, both of which are ready to take off the moment capital is injected into the company.
This situation is simple to understand and the potential is almost too hard to believe. With any success in raising capital we are looking at a monster earning machine. Now we have the whole picture both negative and positive. Let's pray 2020 is a prosperous year for AOTS. The PRHL shareholders will come out smelling like roses if financing is found.
Keber, Everything you are saying may be true but in the end it looks like nobody including Randall will be getting anything out of PRHL or AOTS. You could own every share of PRHL and AOTS and it looks like both are destined to the trash pile. As of this moment as far as I know, PRHL holds 19,250,000 shares of AOTS which are to be totally distributed to the PRHL shareholders. Now I understand that WestPark has discontinued it relationship with AOTS and has not raised a single dime for AOTS and doesn't intend to raise money for AOTS. I understand that NAME has disappeared from the picture. I understand that AER in no longer doing any business. That leaves AOTS with TPC (The Power Company) and Rescom. These two companies are in business but have no operating capital. Things look bleak for AOTS and right now I don't see much value in them. Unless some money can be raised for AOTS, I don't see how this entire situation can survive. Have your sister look up the current status of the SEC action against Randall.
Stef 07: He sure has made a mess of this entire project. Even the companies he sold to AOTS are not living up to road map that was advertised. WestPark is no longer in the picture. AER is non operational, TPC and Rescom are holding on but barely, and NAME which was the big winnner for AOTS disappeared. Still no money raised for AOTS which has a new CEO, Ed Jenks. Let's see where this leads us to. I'm attending church a whole lots recently because all I have left is prayers.
Keber, If Richard is actually Richard Rappaport the owner of West Park Capital, I don't see how that can be the case. The last I heard was that West Park had walked away from the PRHL deal. If Richard who you are referring to bought PRHL that would be a good thing but I doubt you are correct. Where did you see that Richard bought PRHL or is that an assumption on your part?
Keber, Who is Richard and how did you find out Randal sold PRHL to Richard. Please give me more info on Richard and the PRHL sale so I can follow up on it. Where do you find the court information and schedule of hearings. I live in California and would like to attend that hearing. A lot of people have lost a whole lot of money on this debacle. It now looks like AOTS might be a bust also. Westpark has moved on and is not doing anything for PRHL. Wow what a loser.
November 26, 2019 and months have gone by without any announcement from PRHL. This much silence is bad for many reasons. Who knows what PRHL management is up to. More important, what is AOTS doing without any movement at PRHL. Rumors that I hear I won't repeat because I can't verify them and I don't want to be responsible for announcing incorrect information. I'll keep checking. Also, AOTS was supposed to get financing which I see no signs off. That in itself is bad news. If anyone hears anything, please post it.
This quietness and no trading activity can't be good. I wish someone would say something. Still don't know the dividend ratio on the payout for PRHL shareholders. Bad management not keeping the shareholders up to date. I hope the news isn't bad.
So far this AM PRHL has traded 2,585,000 shares up 60% to ,0024
There have been no announcements but as they say, the stock tells the story and I am going to guess we will probably see an announcement of some sort soon. Just guessing.
I am repeating myself but it is important to realize that if anyone contacts the SEC and raises suspicions that something is wrong at PRHL, the SEC first issues a cease and desist order and then investigates. You can kiss your dividend good bye and we will have a total loss in PRHL. If you plan to do anything, wait until the dividend is distributed. Don't end up shooting yourself and shareholders in the foot from anger with Randy.
Suddenly PRHL volume dried up and its as dead as I've ever seen it.
There can't be too many issues management is embroiled in and with the exception of the pending SEC complaints against the CEO and an insignificant complaint against PRHL the only other thought that comes to mind is hopefully, PRHL is working on an acquisition or two. It wouldn't take much buying to get the price of PRHL up to decent levels and if an acquisition were to be had, I would guess a significant reverse stock split would be needed. Anyway, we are sitting in the dark and the CEO is totally silent. Not good.
Long overdue announcement of the dividend details. Also, no announcements from WestPark on how the money raises for AOTS are coming along. Darkness seems to be the vogue and we are surely in the dark all around.
Today, PRHL traded almost 3 million shares. a the stock closed up.
If anyone knows why we have active trading, please post the information because I have heard nothing in the rumor mill and that is usually where we get the info first. The SEC settle the Anton and Chia CPA dispute, so that should give PRHL a better shot to settle with the SEC. Here's hoping for better days.
On Friday September 20, 2019, the SEC entered an order stating that the matter between the SEC and Anton & Chia has been resolved.
Anton & Chia offered and the SEC accepted the offer which says:
Anton & Chia filed chapter 7 and is no longer eligible to do business with the SEC. Summary, A & C is out of business.
Now the question is? What does this mean for PRHL? I am guessing but I think it opens the way for PRHL to settle its matters with the SEC. Randy will have to settle his matters separately. At least things are moving.
What do you all think of retaining an attorney specifically to force PRHL to distribute the 19,250,000 shares of AOTS that it holds to its shareholders? I think all the damage the CEO could do is done. It wouldn't take a huge sum of money and a small contribution by the shareholders would suffice. Please post your comments.
Stef07: I would advise you not to contact Westapark because they are already mad at Randy. WestPark has no authority over Randy and the only thing you could accomplish is to destroy the dividend for the PRHL shareholders. What little we get is at least something and that something could become very valuable once listed on NASDAQ. Think this thing out before you act and make sure you have talked to others closer to the situation. Regrets could be awful expensive at this stage. Shareholders will have plenty of time to get to Randy if he is still in this country.
Stef07: I understand your anger and nobody has been hurt as much as me since my total life savings are gone. But, contacting the SEC is the worse thing you can do because that will result in a shut down of PRHL until all discovery is completed and that blows our chances of at least receiving a few shares of AOTS. AOTS is turning out to be a great company and when it is listed on NASDAQ it could some day be worth much more than the listing price of 3 or 4 dollars per share. Don't let your emotions drive you down the wrong path. I think a lawyer for the shareholders can get a lot more done than going to the SEC.
Bigspirit 1: First, AOTS shares are not being diluted and AOTS has an entirely different management team. In fact AOTS has acquired another company with big revenues and is profitable. PRHL has received 19,250,0000 shares of AOTS per agreement. PRHL shareholders are to receive those shares prorated. Problem is, PRHL CEO continues to issue more and more PRHL shares pre May 4, 2019. That's where the dilution occurs. Supposedly, these shares are to pay off old PRHL debt. What does Keber propose?
Stef07: FINRA ownes the Bulletin Board and I have filed 14 complaints with FINRA. Response; we will look at your complaint. I never heard from FINRA and everyone else says that is hopeless. If you contact the SEC, the SEC will shut down PRHL and we shareholders get stuck holding an empty bag. Our problem is, PRHL shareholders are getting diluted by more I & O PRHL shares. AOTS is doing extremely well and the AOTS shares are valuable. My thought was to have an attorney have the court issue a cease and desist order preventing the CEO from issuing more PRHL shares. Also the shareholders could get some questions answered.
Here it is the 6th of September and not a word of any kind from management. That is a sorry state of affairs and meanwhile, all sorts of rumors circulate with not so good news. Calls to management have gone unanswered. Next step is hire an attorney for the shareholders and let him handle shareholder matters. One problem: attorneys cost money and I for one and tapped out. Anyone willing to chip in should contact me and I have an attorney who would handle the matter for very little money. I can be contacted via this site by giving me a contact number. I see no other alternative and contacting the SEC would be suicide for the shareholders of PRHL. Everything is going well at AOTS and management answers all calls and give concise facts concerning AOTS. The problem is: PRHL is diluting the PRHL shareholder significantly by issuing more and more shares pre May 4,2019. Supposedly the shares issued are to pay off old debt. I would like to know what the CEO's salary is. We shareholders are in a terrible position with a CEO who has no interest in shareholder benefits.
Step07: Don't make the mistake of contacting the SEC before everything is completed because you risk having the SEC shut down PRHL completely and not allow the dividend shares to be distributed.
Consult others before you take drastic measures. You could inadvertently end up hurting all the shareholders.
Yes, I have been trusting and supportive but there comes a time when I have to be realistic and honest with myself. I saw an invested fortune melt to almost nothing and at my age that ain't smart. I'm mad at myself for being so trusting but I know what I was told and that all has turned into a nightmare. I am afraid to guess what the I & O was on May 4, 2019 and if my suspicions are right we all got douched real good. The CEO cannot be trusted and the past history shows he is not to be trusted even though his tongue speaks differently. Why can't we get an announcement describing the terms of the dividend or at least an SEC filing giving us the I & O of May 4, 2019. With that number alone I can compute how much of a douche I got. We shall see.
Don't you think its time for shareholders of PRHL to either hear what the terms of the dividend are or deliver the shares of AOTS to the PRHL shareholders. With the passage of time and no news about the dividend, I fear management will end up changing the expectations of the shareholders. In other words, its time to put up or move on. The shareholders have waited long enough, Years to be more exact. Distribute the dividend or tell us what we are to get. This uncertainty is not good and can lead to nothing but more questions. I use to support management, but my patience has run out and I am more and more questioning what is going on that we shareholders don't know.
A long time ago, PRHL announced the sale of TPC to AOTS for stock and all of those shares were to be delivered to PRHL shareholders. The Record Date was announced May 4, 2019. What hasn't been announced is the terms of the distribution. Namely, what was the I & O of PRHL as of May 4, 2019. This long quiet period allows management to tinker with issuances of the I&O and hence the dilution of the shares to we issued as a dividend. At one time the I & O of PRHL was about 630,000.000 shares. Now the I&O is probably higher but how much higher is the question. As more time goes by, I begin to worry that the I&O may be in the stratosphere if PRHL ia selling shares to raise capital for ongoing expenses. This is not a good indication and nobody seems to know what's going on.
Jury trial SEC vs Randall Letcavage has been postponed until December 2019. That ain't good news since we probably have to wait for that issue to be resolved before PRHL can do any meaningful business eg. acquisitions. The dividend distribution shouldn't be affected and we are long overdue an announcement describing the terms and details of the dividend distribution. I'm afraid to think of all the possibilities management may be tinkering with. I hope the dilutions are not huge. Also, PRHL is probably paying all the legal fees to defend against the SEC complaints. This all takes money and that money comes from selling PRHL shares at very cheap prices. Not encouraging news but I think it is factual and real.
This much quiet cannot be good. I'm afraid of what might be coming.
Management must be cooking up something. We shall see.
Keber, I don't know how you stay out of prison making comments like the reference to the latest 10Qs. These financials are produced by licensed accountants and filed on Edgar under the auspices of the SEC. If you think these entries are phony, you need a head shrink. The most important information on the 10Qs is the current I and O of PRHL because from that number shareholders can compute the number of AOTS shares they are to receive as a dividend. The AOTS company is to change its name to The Power Company (TPC) and get listed on NASDAQ via a S-1 registration by WestPark Securities. All this is the result of the CEO of PRHL selling TPC to AOTS so I guess he accomplished something worth while. Your comments are so over the top that nobody takes you seriously. You make mention of Patrick and Shadie who are with TPC which no longer is part of PRHL. Get your facts straight before you open your mouth. You spew a lot of garbage and misinformation. Better its misguided information. If the numbers in the 10Q are fabricated as you state, you have no knowledge how financials are produced and by whom they are produced.
The 10Q financials are as reliable as the accountants producing them. If the CEO of PRHL is able to find a merger candidate for PRHL, that would be added good news and put beef on the current PRHL which has no operating subsidiaries now. PRHL is to receive 19,250,000 shares of AOTS which are to be distributed to PRHL shareholder as a dividend. The holdings of AOTS are TPC, Rescom, and AER lighting which are huge revenue and profits centers. Not bad for a terrible CEO as you claim.
I believed the 10Qs would be filed this week and I posted that. Shows you how much I know. Now I'm interested in the numbers more than ever. If we don't get the first 10Q next week I think some shareholders will get very angry.
For sure Q1 10Q will be filed 6/4 and Q2 10Q will be filed 6/5.
If this doesn't happen, I will get upset but I heard a reliable rumor. We shall see.
War58: As soon as PRHL files a 10Q (which is supposed to be today) we should see what the outstanding number of shares exists for PRHL. From that number you can get a figure what percentage of the outstanding shares of PRHL that you own. The figure times 19,250,000 will tell you how many shares of AOTS you will receive. When you receive your shares, it may have the new name of the company TPC, The Power Company, and hopefully listed on NASDAQ. TPC will have Rescom, the energy supplier, TPC which was bought from PRHL and Green Central Lighting. This combination is a money making machine and whereas TPC should start trading on NASDAQ at 3 or 4 dollars per share, the price of TPC could shyrocket after projections are announced. Besides all that PRHL said it is looking for a profitable acquisition and if that happens, PRHL could also make a real move upward. Wouldn't that be a change for us stockholders. Stay in touch. I have my ear to the ground for any rumors.
Stef07: That's more positive and with WestPark moving forward with AOTS (TPC) I am very hopeful that TPC (The name when it is listed on NASDAQ) will appreciate in price. I looked at the projections for revenues and profits for the combination of TPC and Rescom and the numbers are hard to believe. An energy provider and energy distributor together are dynamic and that's what exists in our NASDAQ company. Now when PRHL finds a suitable acquisition, I am hopeful that it will be profitable from day one and what do you think that would do for PRHL. Yes, its all on the come but very realistic. The one negative is that these things all take time and nowadays investors want result immediately. My age has taught me to be patient and it has always paid off in the past. At least, PRHL hasn't had any senior debts or other debts that have become due and as far as I know, PRHL has some money to operate to find an acquisition. To be debt free these days is saying a whole lot for PRHL. To support my interpretation of the revenues and profits that TPC will make once the money is raised by WestPark to buy energy, the revenues produced on 5,000 new contracts (which TPC routinely did per month)will grow exponentially once 50,000 contacts are obtained. Six months of operation will cover all expenses and then the profits grow very very rapidly. You may feel I am dreaming but these are all numbers TPC produced when PRHL owned TPC. Together with Rescom we are in a different ball park.
Stef07, I am also a huge investor in PRHL and I don't like being down at these levels, however, I am still holding out hope that my dividend shares of AOTS (TPC) when listed on NASDAQ will appreciate in a big way. PRHL sold TPC to AOTS (an energy distributor) and together with Rescom, an energy supplier, which AOTS already owns, together they produce a capability to earn huge profits. In addition, PRHL can acquire an acquisition which should return good value in PRHL stock. I am an optimist, but at least these opportunities do exist and I am willing to wait to see what develops. Tearing down PRHL accomplishes nothing so I am putting all my efforts to help PRHL. I would very much like to talk personally to you and or Keber to put together our efforts in improving PRHL. Give me a phone number or e-mail address to contact you and we can talk about the possibilities available to the stockholders to do something positive.
Keber, How can one get in contact with you?
Would you post a phone number or e-mail address to contact you personally? I would like to discuss several matters with you in the hope of assisting PRHL and its shareholders.
Keber, I have a large investment in PRHL and rather than criticize the CEO I am trying to make a difference by getting involved in as many functions as possible. I am surprised how much work is getting done but the public and shareholders are not aware of all that is needed to run a public company. Eg, three 10Qs have yet to be filed but because of all the transactions that have taken place, a section called subsequent events has to be included. That has to be produced by the attorneys, thus more delay. I am geting on top of every issue I can find and for what its worth, evry issue is getting accomplished. I expect the 3 delinquent 10Qs to get filed, followed by the 10K for 2018, followed by 1st Qtr 10Q for 2019 so that WestPark can get on with raising capital for AOTS. I am also expecting the AOTS shares to be distributed to the PRHL shareholders. All this takes a lot of time. Finally, I believe PRHL will look for a suitable acquisition so that the PRHL shares retain market value.
If you are so disatisfied, why don't you call a shareholder meeting and vote in a new CEO. I will submit my name if you do call a shareholder meeting. As far as I can see, everything is progressing with PRHL but much slower than pleases me.
Record date for the dividend has passed yet the three 10Qs for 2018 have not been filed,the 10K for 2018 is also now due. The first quarter of 2019 or at least till Feb 24th will be needed for WestPark to start raising money for AOTS. Lots of "to dues" yet to be finished and it will probably be a long time for all that to happen. Finally, PRHL has to find a suitable acquisition to preserve its financial existence an keep value of its share price.
I really didn't expect for all this time to pass to cash in on my shares but now I have no choice but to wait.
Today is May 4th the Record Date for the dividend. However I see no 10Q filings for the first three quarters of 2018. Without knowing the I & O for PRHL, there is no way to calculate the conversion rate of PRHL shares to receive AOTS shares. There probably is an explanation but these delays are troubling.
Today, May 1st is the last effective date for any short covering of PRHL and if the past week is any indication, the shorts have no interest in covering their shorts. The big question in my mind is this: If the regulators are going to completely ignore the fact that huge short positions exist in OTC issues and they are not going to do anything to require short covering, then we are experiencing the biggest fraud perpetrated on the investing public that ever existed. PRHL has about 100 mlllion share short position and on May 4th the Record Date for the dividend, 100 million counterfeit shares stand to receive the dividend. The SEC knows of this situation but to date nothing has been done. This situation is like having legal bank robberies with no punishment for the robbers. If anyone has a different take on this subject, please post it here. I am dumb-founded and can hardly believe what I am seeing. I was told by an expert this would happen but I doubted his word. Boy, was I wrong. We shareholders are getting our pockets picked and we are helpless to stop it. How discouraging.
The Record Date for the dividend is approaching and oddly there has been no volume of trading on many days. That to me indicates the shorts have no interest in covering their positions. I wonder how that translates in the regulations arena? I also wonder how that translates with the oversight by the regulators. This has to be looked into with PRHL having a 100 million share short position, the shareholders are holding a large percentage of counterfeit stock. If anyone knows the inner workings of this situation, please post it here for I have no idea what is going to happen from now till the 4th of May. CDEL client(s) seem to be the most active shorters, so it won't be hard to spot any short covering. Interesting for sure but a lot of questions remain. As a shareholder, I am concerned and I don't want to have my dividend value diluted by counterfeit shares.
Now what??? Now that PRHL has announced the Record Date as May 4th,
those individuals that own PRHL shares up to the Record Date stand to receive the Dividend. PRHL will receive 19,250,000 shares of AOTS-42 for selling TPC and AIC to AOTS. All AOTS shares that PRHL receives in the sale will be distributed to the shareholders on a prorated basis. AOTS has already acquired Rescom (an energy provider) and AER Lightig, a green company involved in energy savings eg LED Lights. AOTS will complete an S-1 Registration and be listed on NASDAQ as TPC, The Power Company. The underwriter for the S-1 Registration and listing is WestPark Capital. Since TPC is an energy distributor, and Rescom is an energy provider, that qualifies them as a utility. Revenues will skyrocket and earnings will also show a remarkable growth pattern. Meanwhile, PRHL is left with no operating entities and is actively looking for a profitable acquisition. If and when that happens, the current shareholders of PRHL will get a double shot in the arm, namely the dividend of TPC which is destined to be listed on NASDAQ and still be owners of their PRHL shares which hopefully will show good value with a profitable acquisition. Patience finally will pay off.
How about that. PRHL announced the Record Date for its dividend as May 4, 2019 to receive shares of AOTS. I would not want to be short PRHL now for I don't see how the short sellers are going to come up with PRHL shares before May 4th. This should be fun to watch. I am going to check with the SEC to learn what enforcement measures are taken to protect the PRHL shareholders. The estimates of existing short run between 65 million to 100 million shares. They sure bet on the wrong side of the equation for PRHL. Now PRHL is actively looking for a profitable company to acquire and wouldn't that be a coup. Things are looking up for the PRHL shareholders right now.