Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Stef07: What do you suggest shareholders should do about this no
reporting? I have lost my confidence in this CEO even though the ATOS deal is progressing, PRHL could have had a bright future with an acquisition. With no filings and a recent downgrade, PRHL does look like it might not survive. Something doesn't make sense and any negative news the filings may show does not compare to the damage the lack of filings and downgrade does.
BigSpirit: Not one bit. The size of this project is immense and has many moving parts. Meantime all these parts are falling in place. To name a few: Capital raised for the Newco, which was done.
All the documents for the three companies to be acquired by the Newco had to be signed sealed and delivered and that's done. Now the stock of the Newco has to be delivered to the 3 acquired companies and PRHL has to announce a Record date so that the PRHL shareholders will know the date they must own PRHL shares to get the Newco share as a dividend. This is especially important because there is over a 52 million share short in PRHL and those shorts will have to cover or come up with the Newco shares which will have been dividended to the PRHL shareholders. Brokerages will start calling in to cover the shorts and that is when the sh-t hits the fan. Finally, the brokerage firm handling the S-1 will file with the SEC and that's when the name gets changed to The Power Company. Lot's going on and it all take a lot of time. Meanwhile, PRHL probably is looking for a huge acquisition to make PRHL whole again but not in the energy arena. I probably missed many more important steps but you get the idea why everything is so quiet.
Skidaddy-1: The answer to that question is simple.
If you compute the value of each dividend share and assume an opening price of the NASDAQ listing (which will be ultimately named The Power Company),that puts the value of the dividend at .14
PRHL is getting 19,250,000 shares of AOTS (The Power Company)and those shares are going to be given to the shareholders as a dividend. If the I & O of PRHL is around 470,000,000 shares, you can do the arithmetic yourself. The value of the dividend can be as low as .12 and as high as .16 or .17 depending on the opening price of the NASDAQ stock. Got it?
Skidaddy 1: I keep my ears to the ground and catch talk from many directions and I compare the chatter to see if there are any contradictions. None whatsoever, so I conclude that all is going along as planned. If there was a hiccough I would pick it up.
One thing I did learn was that PRHL subsidiaries had to be audited for the AOTS roll-up. Consequently, the parent company PRHL did not get its audit per usual annually. The rumor is that it will get a 10-K someday.
BigSpirit 1: I read the latest 8-K for Legacy Ventures and it seems to me that after Letcavage resigned and all new officers and directors were appointed, they too all resigned and all I can see is that this is a total mess. I don't see that any of it is of Letcavages doing. He isn't any part of Legacy Ventures and has not been since last year. I cannot find all the accusations you are talking about and until I do, I am holding a steady course with PRHL. I believe the roll-up into AOTS is complete and that is a big deal and very real. Specifics, Specifics, and that's all that counts.
BigSpirit1: I have no knowledge about Nexalin and one thing I know is its product has been in the market a long time and accepted quite well by physicians across the country. The CEO I believe took over an ailing company and turned it around. Beyond that, I have no knowledge or interest. The CEO has many detractors and they are hurting him badly. I think the CEO's current SEC problems originated from complaints of his detractors. The SEC civil matter doesn't seem to be going any where so let's wait and see what becomes of it all. Every jerk in town runs to the SEC and complains and the SEC is happy to investigate. I also happen to know, that all seems to be going well with the roll-up project. Even though no announcements have been made, the attorneys have taped everyone's mouth shut so no unwanted complaints can be instigated. Negative posts do a lot of unintended harm and the shareholders get the raw end of the deal. I have also learned not to believe every comment made by the various agencies since most of the comments don't materialize.
BigSpirit 1, I read everything you say and the appearance is as you describe it. The 8-K that was filed is very big news and its explanation is due, hopefully soon. If PRHL ends up with the shares mentioned in the 8-K and if the shareholders get those shares as a dividend, I have no complaints about how the CEO lives. If this plan to divest of TPC and AIC for shares in AOTS which is to acquire 2 other companies in this same transaction, does not come thru, I will be right in your corner fighting for my rights. I realize that the silence is attorney induced especially with the SEC looking over the CEO's shoulder. Let's be patient and see what develops before casting disparaging remarks remember, the CEO owns shares of PRHL and it is to his best interest to have this deal succeed. One further fact, AOTS with the other 2 companies will be large enough to be listed on NASDAQ or NIYSE-AMERICAN stock exchange. Also, we shareholders retain our shares in PRHL and with an acquisition or two, that could turn out to be a bonanza. I guess it all turns out to how we see the glass: half empty or half full.
kber: You are making outrageous statements and "facts" that are fiction. I am surprised you have not been reached by the corporate attorneys. An 8-K has been filed and a large transaction was announced. That transaction has PRHL selling TPC and AIC to a new company together with 2 other companies forming a much larger company to be listed on NASDAQ. PRHL gets a huge number of shares in the new company and those shares are to be distributed to the PRHL shareholders. The shareholders retain their PRHL shares and when an acquisition is found for PRHL, the shareholders end up with a double winner. If you are short PRHL, you will be hung out to dry trying to find shares of the new company to cover your short. Maybe this is too complicated for you to understand but it looks very real to me. If you derail anything, you will have 1500 PRHL shareholders filing law suits against you and count me in as one of those shareholders. What I am waiting for is the details of the transaction and values of the dividend shares. Also, the Record Date for the dividend is important because the shorts have to cover and buy back their shorted shares for it they go beyond the Record Date, you will see some very angry shorters.
Bigspirit1: I am very familiar with the one item that the SEC refers to. It was a 5 million dollar note PRHL took from an individual in a transaction that occurred 4 or 5 years ago. The SEC claims that NOTE was overvalued. That NOTE was cancelled when PRHL took back PRHL shares from that individual. Nobody was hurt or mislead or anything else that I can see and the NOTE was cancelled without any pressure by anybody including the SEC. The SEC's main focus is on Anton and Chia the accountants and the SEC named PRHL and two other companies using Anton and Chia in order to get to Anton and Chia. The complaint against Letcavage must be originated by people who have a gripe with Letcavage and they let their gripes be known to the SEC. I don't see the complaint against PRHL going very far and if I were the CEO I would dump Anton and Chia ASAP and get on with business. I don't know in fact maybe this issue is delaying things with PRHL and maybe that's why we haven't heard anything. I just don't know. I do know the SEC has Anton and Chia in their cross-hairs and wants them out of the business of auditing companies that file with the SEC.
Skidaddy,; If I was working for PRHL and was in the office seeing what is going on and what is causing delays, I would be able to give you an answer. I am not an affiliate of PRHL so I am limited to what I hear on the outside. One very valid question would be what is the relationship between PRHL and Anton and Chia the auditors. The auditing company is in the cross-hairs of the SEC and the #1 target of the SEC. PRHL was just used by the SEC with 2 other companies to make an example of the auditors shoddy work.
I gave 4/16/2018 as a deadline earlier because that was the deadline for the 10-K filing. That didn't happen so I am guessing management has other plans for PRHL and who knows, maybe PRHL will file a 10_K someday. I fully expect an announcement within the next two weeks.
Skidaddy, At this point, I have no questions. I do expect an announcement soon that should clarify all the turmoil that the negative posts are creating. Many attorneys, investment banker, clerks etc are working for sure and we cannot rush that process. I think the biggest problem is that the shareholders do not grasp the total concept of the roll-up into a larger corporation and the ultimate result that should be a strong positive for the PRHL shareholders. I have outlined my understanding of this project and I am totally comfortable right now. Old history like the PRHL 10-K is just that, old history. and matters very little. The one big item nobody is focusing on is the current naked short position of PRHL. I am personally working on establishing the exact number of existing naked shorts. WHY? Because when PRHL announces that it is going to distribute a stock dividend of the new roll-up company to be eventually listed on NASDAQ, the current naked shorts are going to either cover their positions or be bought in by their brokers to cover the dividend. I experienced this before and I saw a penny stock gap open to 1.20 in two days. I am working on establishing the current naked short number which has grown for 5 years. I hope all this info gives you a little comfort as to what is going on.
STEF07; bOTH OF YOUR LAST TWO POSTS ARE SCARY. IF WE DON'T SEE A 10-K ON THE 16TH, YOU HAVE A CONVERT ON YOUR SIDE AND UNFORTUNATELY THERE ARE MANY MORE SCENARIOS WE HAVE TO CONSIDER.
ProTrader, I think we have come to a cross roads regarding PPHL.
Specifically, if we don't see a 10-K filing on the 16th, I am going to step back and look at the circumstances causing so much silence and lack of transparency. Sure lots of moving parts for the roll-up but even that activity can be discussed to give the shareholders some comfort. I am hoping for the best but my patience is finally running out. We don't have long to wait.
Protrader: Amen
I am doing a thorough investigation into the current status of PRHL's short position. When it is completed, I will publish it on this site. The current squeeze trigger price is approximately .11. We need to see PRHL over .11 for three days and then look out.
Skiddady, Stock manipulation to buy cheap stock. No way. Anyone who wants to buy the stock cheap can do that right now. Shorts and sellers have knocked the price down to where it is today. There are short programs out there that are very obvious and blatant. A few minutes ago 1000 shares was bought at .022. Immediately OTCX offers stock at .0219 without a trade. Even a buy order now prints PRHL as a down trade when in fact is was a buy order. This may seem insignificant to one who is not familiar with all the tricks the shorts use but that is just one example. It seems the steady shorter trade through CDEL and CDEL is constantly the largest offer. Large block offers tends to dampen enthusiasm to buy so that too is just one more trick in the shorts book. Buyers showed up again today and currently have PRHL at .022. So we are patient and will wait to see what management announces.
BigSpirit1: I am not ready to buy the accusation that the CEO is not above board. I read the past history and also the current SEC complaint. People in the CEO's seat, raising millions with equity are often accused of all sorts of things. The CEO gets a salary which is more than PRHL should be paying but to be able to raise millions is no easy task. As I said before, pot holes like Lexington are costly and that it was. Let's see what becomes of this latest 8-K filing. I compute .15 for the dividend alone. Then let's see what the CEO can do with PRHL. A sizeable acquisition would end up being quite an accomplishment. That's what I am looking for and its not too far from reality.
When my short position counterfeit stock project is done, I will publish it right on this site. That too could be a bonanza.
Skidaddy: If the sellers know something you and I don't know, there must be others that know more than all of us. They came in and bought all those cheap shares today.
I am deep into a study of the current naked short position of PRHL.
I have compiled from SEC records the I & O of PRHL at various dates from 2011 to December 31, 2017. I am getting from the company a total number of shares issued by management for all reasons (144 stock) and that number is from company records so it should be very dependable. Add all of the issued shares to the I&O of 12/31/2011 and you have a real number of I&O as of 12/311/2017. The difference in this calculated I&O subtracted from the reported I&O of 12/31/2017 is the naked current short (counterfeit shares in shareholders position). How this comes about is another story but it has to do with electronic bookkeeping and non-verification of short trades.
If you want to read the whole story, look up Citizens for Securities Reform and read its white paper on Counterfeit Stock. What an eye opener.
I see that PRHL requested an extension to file its 10-K.
I think that means we should see a 10-K around the 16th.
After that I expect a meaningful Press Release with lots of answers to many existing questions.
BigSpirit1: And Happy Easter to you.
My priorities are: 10-K and then some sort of Press Release explaining the 8-K and then a Shareholders meeting if one is needed.
Hopefully, PRHL should have only cash on hand after the Roll-Up of TPC into the new company. We shouldn't have long to wait because the 10-K deadline for filing is this next week. I don't have any excuses for PRHL if all this doesn't hatch now.
If the Press Release does explain the new company and the stock dividend for the PRHL shareholders I am going to focus on the current short position for PRHL which I judge to be over 22 million shares. My estimate for this total development (stock dividend), plus residual value of PRHL shares after the stock dividend is somewhere between .15 and .20 and could be much higher if the shorts get squeezed. Also the opening price of the NASDAQ company stock will determine the ultimate value. I have been using 4.00 per share for the NASDAQ stock but that could also be much higher. Lots of ifs and and buts so we will just have to wait and see.
BigSpirit1: You are very correct in your assessment of facts.
However, many of the pot holes that the CEO fell into were not
his doing although one could argue, the ultimate blame lies with the admiral. Fast forward to the current project which has still not been fully explained but my analysis (first blush) is that the stock dividend the shareholders are to receive, should be worth .15 or higher depending on the opening price of the NASDAQ stock. It could be much higher and with time very much higher. Give Randy the credit for negotiating such a high valuation for TPC. His plan was always to have a Distributor, TPC, and a Provider, Lexington)which fell out of bed and now Rescom which is for real and is in the new company destined for NASDAQ. The shareholders still retain their PRHL shares and if we support Randy a bit and give him a chance to find an acquisition for PRHL you can go ahead and put your own evaluation on his accomplishment. Am I totally awed by Randy, heck no. His CEO talent is limited to raising capital and remember not debt but equity capital and PRHL has remained debt free. Since I was once a CEO besides practicing medicine, I know how hard the job really is. I expect a full explanation of the project after the 10-K is filed, in order to save auditor expense for "Subsequent Developments" section in the 10-K.
All this negativity must have some basis and if you are not short, why so negative. The 8-K filing is a blockbuster and you don't give it its due credit. There is much information that must come out and I expect it will be fully explained. I am repeating myself but the way I figure it, the stock dividend (yet to be fully explained) should be worth near .15 by itself. Yet we get to retain our PRHL shares.
Regarding the stock price, look at today's trading 500 shares total at this moment down 22%. Believe me, there is a huge short position out there and it has consistently increased for 5 years. I have the reports to prove it. This is not a minor matter and I am a victim of those very shorts. Read the white paper put out by Citizens for Securities Reform and see just how serious this problem is. The only way the shorters are going to get out of this pickle is to run the company out of business. When the Record Date is announced, I expect the shorters will see the handwriting on the wall. I am optimistic but still realistic and as Tom Ronk said "You are in a financial war" PRHL has approximately 22 million share short position currently. The squeeze trigger price is .11 I don't expect a Press Release until the 10-K is filed and I explained my thinking previously.
PRHL filed an 8-K and the volume moved up over 200,000 shares and the stock is up over 20%. If and when a Press Release is issued, the volume should increase substantially. Truly, the terms of the agreement are very beneficial to the PRHL shareholders.
The 8-K that was filed is 8 pages and covers a multitude of items.
I'm sure a full Press Release will follow with more information.
I hope the detractors do not contaminate this site for all this news is big time stuff and takes lots of study to understand its scope. I am interested in projected revenues and profits down stream. It should be big time. Congratulations to management.
Stefo7 and BigSpirit1, Today's announcement is the bombshell I have been waiting for. I believe the both of you owe Randle Letcavage an apology. The immensity of this announcement won't register with most shareholders but with time, they will see just how clever and well thought out this project has been . Many more announcements will have to follow to completely lay out the entire program. Wait till the shorts realize they will have to come up with shares of this new company once the PRHL shareholders receive their dividend shares. The 8-K filing is 8 pages long but still doesn't cover the entire project. All I can say is WOW WOW WOW. This should develop into a very lucrative payback to the PRHL shareholders.
BigSpirit1: I have set the deadline for one week after the filing of the 10-K. I am not for contacting the SEC because your argument is going to center around the fact that the CEO did not accomplish anything and spent the available money without anything to show for it. Failure in business is not a crime and is not punishable without hard facts of fraud. That level of accusation does not exist. My preference is to contact the Directors and complain that they have not done their job. Namely, the CEO salary is exorbitant. Secondly, since I am the largest non-affiliated shareholder with excess of 10 million shares, I would demand a Board Seat and start to raise hell. Let's be patient and see what develops.
BigSpirit 1: Here is my take on why we haven't heard from PRHL. The 10K is due April 3rd or soon thereafter depending on whether PRHL asks for an extension. No more than 5 days. If PRHL announces something before the 10K filing, the auditors are required to include that something in the filing under the section "Subsequent Developments". That auditor work would cost thousands of dollars. By waiting after the filing, that extra auditor cost could be avoided. This is my take on the long silent period and any delay we may see. If the 10K gets filed and we don't hear from PRHL, I am on your side and we would be obliged to do something more constructive.
I did learn that the office staff has been trimmed down so that could indicate big changes are happening. Let's pray those changes are positive. No reason yet to believe otherwise. If PRHL executes the plan it announced several months ago, a very interesting situation will develop. If PRHL receives shares in the NASDAQ company for its contribution of TPC to that new company and if those shares are distributed to the shareholders, how are the 22 million shorts going to cover that dividend? I have put lots of energy and work into this question and I am coming up with many scenarios. I have asked for an appointment with Devin Nunes my Congressman to discuss Naked Shorting and its rampant rape of investors. I'll keep you in touch.
Today's trading was the most recent evidence of support for PRHL shares. The first 20,000 shares were on the sell side and the next 40,000 shares were all on the buy side with the last trade ending with the high for the day. I'm being too optimistic thinking maybe this is an omen for things to come. Lord knows we have been patient enough for something to get done. We'll just sit and wait and hope for the best.
BigSpirit1: It isn't the financials I am waiting for. It is an announcement that PRHL has accomplished what it announced it intended to do months ago. I see no upside in the current operation of PRHL but on the other hand if PRHL sold TPC to the new company which is to be listed on NASDADQ and if the shares PRHL receives from the sale are issued to the shareholders as a dividend, that would be a big success. PRHL shareholders would get to keep their shares in PRHL but get a dividend in the NASDAQ company. The value of the dividend shares should be substantial since it was announced that a large Provider was one of the other companies joining the new NASDAQ company. TPC, a distributor, and a large Provider is a game changing event with nothing but upside revenues and profits. This is what I am waiting for.
BigSpirit1: True, he is good at fund raising and that is what kept PRHL out of debt till now. My take on this subject is as follows.
It was reported previously that TPC was sold to a new company to be listed on NASDAQ along with 2 other companies. The value of TPC is in its ability to get energy clients for a Provider. One of the other two companies is a large provider. If PRHL gets between 15 and 20 million dollars of NASDAQ stock for its shareholders as a dividend, I would say the CEO did one hell of a good job. Remember, the shareholders get to keep their PRHL shares and someday those shares may again be worth something. Provided management decides to find a merger candidate. Everything I say here is either going to prove right or wrong. Let's evaluate the CEO after PRHL tells us what's really going on. I must admit, I am beginning to get discouraged waiting. On the other hand I know these things take time and money. A long time and lots of money.
To change the subject, I am working on a huge project to expose PRHL's exposure to Illegal Naked Short Selling. Google "Citizens for Securities Reform" and read the White Paper on Counterfeiting Stock.
That 48 page report covers the subject top to bottom and I think PRHL is currently in a Full Frontal Assault by the shorters. I can give facts pointing to that statement. My most recent Short Report shows days PRHL with its total trading volume shorted 100% and many other days shorted 50 to 75 percent.
Stef07: I have been involved in the PRHL matter for over 5 years.
I have spent money subscribing to services eg BuyIns.Net which follows the shorting of issues on a daily basis. I just got the most recent updated report showing an accumulation of shorts in excess of 52 million shares since 2012.. Considering By Backs, the real existing short position in PRHL today is probably around 22 million shares. That number is an estimate but comes from experts in the field. I am also making an attempt to review the records of the company to total all the shares issued since 2013. They don't return my calls. That number added to the I & O of 2012 (per the 2012 10K) will give me a reliable I and O for 2017. On a separate note, the past 2 to 3 weeks of trading appeared very suspicious and indeed reviewing the Short Report I just received, many many days were 100% shorts and many many days were between 50% to 75% shorts. It is my honest opinion that PRHL is in an all out attack by the shorters to put it out of business. I now even believe the SEC investigation was instigated by shorters. I may sound paranoid, but I have too much evidence proving me right. I am a huge investor in PRHL so I have lots to lose if I am wrong. If PRHL comes out with some positive news, it will be interesting to see the public response. Google CITIZENS FOR SECURITIES REFORM and read the lengthy report on Counterfeiting Stocks. Shocking to say the least.
Eastern Time Zone: There is no time limit that a short can remain short unless the squeeze trigger price is reached and held for at least 3 days. Then the shorts must cover. Regulation SHO The squeeze trigger price of PRHL right now is .11.
The shorts try to drive the companies out of business for then their short position is 100% profit. If the Company happens to fall on a good development and supporters arrive and drive the price up, all hell can break loose and the sky is the limit.
If my analysis is corrects, the squeeze will come if and when PRHL distributes shares of a New Company which is planned to list on NASDAQ. PRHL sold TPC to the new company and received shares of the new company for payment. It is these shares the shareholders are to receive as a dividend. I hope there is real strong support for the new company for that could be a real winner. The shareholders of PRHL still get to retain their PRHL shares and if management is able to find a profitable private company as a acquisition, that also would be a winner. In the past, two other companies were announced that would join the new company. This is what qualified the new company for NASDAQ. Projected revenues and earnings were huge. This all sounds good. Now all we need is that it be announced and an 8-K be filed describing the transaction.
Additional comment on PRHL's current trading patterns.
Because I recognized repeated patterns day after day with similar size orders, I requested and received today an updated Short Report for PRHL. My suspicions were true and many many days showed 100% of the total traded volume to be short trading. It is my opinion that since the total existing short position has steadily grown since 2012, and since the shorters have been unable to cover their short positions, the situation has become critical. It will be interesting to see what happens if and when PRHL announces something positive.
EASTERN TIME ZONE: I have followed PRHL very closely for several YEARS and I subscribe to a service called BuyIns.Net to cover the shorting that is going on in PRHL. On December 5, 2017, the total volume traded was 1,743,619 shares. Of the 1,743,619 shares traded 546,047 shares were shorted which equals 31.32% of the total volume traded that date and the shorted shares had a value of $15,289. This pattern has existed since 2012 (July) and PRHL has gone from $1.25 down to .06 in rapid fire. The total short volume has steadily grown to over 50 million shares in 5 years. Today the existing current short position is estimated at about 20 million shares. This estimate comes from knowledgeable experts and no exact figure is available. My opinion is that the current short position is so large and growing, that the shorters are making a very bold attempt to bury the stock in the subpenny level. Many many days show 100% of the day's volume to be shorted and other days very high percentage of the total volume shorted. The major drop in price of PRHL comes when there is lack of support. Without major revenues and earnings, the shorts can continue their program. It is also my opinion that until PRHL can show a major step forward in growth or some outstanding reorganization, there will not be any real support for this stock.
Skidaddy and Bigspirit: I like your idea but before we do anything, I think a letter to the current directors explaining our position and opinions should be considered. Nothing should be done until the 10K is filed and a Press Release comes forth. I know something is cooking, just that I don't know what that something is. If it is very substantial and good for the shareholders, the CEO is owed an apology by the two of you. If not, I owe the both of you an apology. I don't think we have long to wait. A little more patience.
Bigspirit1: Since I have taken the position that the CEO has raised capital for PRHL without going into a death spiral debt program but raised all his capital with equity sales of PRHL stock, I say this: If the next Press Release does not show significant increase in company value and if whatever gets done doesn't add up to a significant shareholder value, I will be first in line screaming to high heaven that the shareholders haven't been treated fairly. Remember, PRHL has no significant debt. The direction announced months ago had unbelievable potential. If all that was bogus and nothing but fluff, I will be shocked and angry. The 10K is due soon and I expect something before the 10K filing. Be patient for a week or two and let's see what transpires. I don't know much about Nexalin but being an MD I can say their product is remarkable and widely accepted by doctors. One word of caution: don't stick your neck out too far for when you called me a pumper, I had already contacted my attorney. I didn't live to the age of 86 with an MD and PhD degree making stupid steps. Now that we know each other a little better, let's communicate and compare notes. We sure do see things differently and I still can't figure out your venom if you aren't a shorter. Why are you so bent out of shape?
Bigspirit, I followed PRHL over 5 years and indeed the company raised capital without going into debt. That's a good thing. Being a larger shareholder, I don't like seeing the outstanding shares increase but what choice do you have. Debt or equity. My choice is the latter. Now regarding what the CEO has done for the shareholders we will be able to judge I think very very soon. Then I will answer your question. When is PRHL going to change auditors. The 10K is due in days. After the 10K is filed, I would expect a change. If PRHL comes out with a significant announcement, depending on the details, then I will judge the CEO. In my own analysis, I have certain expectations, If they become real, I will applaud the CEO for my bar is set very high. If the plan is a bust, I will be the first to criticize. How the CEO lives and what he does with his money is his business. I have way too much invested in PRHL to be playing games. At the same time, I will not let the leash run out forever. Big plans take lots of money and time. Time now is, put up or shut up and either you are very right or I am right on with my analysis. Please no name calling unless you can prove what you say. My only advice to you if you are a shorter, is GET FLAT AND DON'T WASTE TIME, for if what PRHL has announced in the past is true, 20 million short shares are going to scramble like you never have seen before. By the way my first name is Jack.
You guys make me vomit. Read Randle's past history for many many years. He has managed billions successfully. Your demeanor makes me believe you both are huge shorters. I hope I am right for if the business plan matures soon, you are going to be left high and dry looking for a way to get NASDAQ shares that you will owe PRHL shareholders. It was once announced PRHL was going to contribute TPC to a company to be listed on NASDAQ. The shares PRHL recieves for TPC were to be distributed to PRHL shareholders. Where does that leave the 20 million share shorts Sucking you know what.
I am no pumper and for your information I believe I among of the largest shareholders in PRHL.
I am assuming the audit firm was engaged before the SEC surfaced.
Bigspirit1: I am familiar with PRHL and have followed it for several years. I was and I still am convinced PRHL is for real and has an excellent business plan. The pot holes in the past for PRHL were not RL's doing (Lexington) and that was a costly error. Remember, RL finances companies with equity and not debt. That is a major factor in my estimation and one not many CEO's do as successfully as RL. If PRHL doesn't announce a major completed project soon, I will start to change my mind. I have watched the players that have been announced in the past and the general goal PRHL has in mind. If RL pulls off what has been announced in the past, I will give RL all the credit he deserves. If not I will be the first in line to criticize his management of PRHL. I am vaguely familiar with one other company RL managed and the medical product that company produces is widely accepted and used. I know nothing about the financials of that company. It is dangerous to cross compare different companies with the same management because we don't know the driving forces and in depth business plan of each. I know PRHL and I stand behind my opinion of PRHL, no other company. The SEC's complaint about PRHL's Note is without merit. The Note no longer exists and nobody was hurt or fooled so where is the problem. The SEC is absolutely out to get the auditors for sure but I don't see PRHL with any culpability.