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Close of market today: PRHL
Trades: 44
Volume: 326,765
Lo: 0,0605
Hi: 0.071
Last price: 0.06575
Not a bad start and I expect much more to come.
Keber, Who forced you to buy PRHL? You sound like you are deep into a short position. Your negativity is showing.
With one hour left to trade:
Trades: 35
Volume: 279,589
Lo: .0605
Hi: .070
Percentage increase 7.7%
Current price: .07
Keber: If I am right and if in fact you own PRHL, I believe PRHL will equal your dream stock. How's that for a prediction. This baby is just getting started and once it passes .125, the squeeze trigger price, hang on to your hat.
Keber: TPC, The Power Company, subsidiary of PRHL has 200,000 customers (contracts to sell energy to households and commercial outlets). TPC only makes commissions on its sales. This is not where PRHL makes its revenues and profits. Here is the key to this equation. AIC buys large blocks of energy from Producers. Mostly gas burning generators. The energy is bought in large blocks at a significant discount. AIC sells that energy to TPC customers at retail prices. That whole transaction is booked by PRHL. From purchase to sale is a huge profit. Buy wholesale and sell retail. That's the key to PRHL's success. All that business of grid access is immaterial and is part of the AIC purchase. PRHL paid $150,000 for AIC and all it got (wanted) was the FERC approval which it got. Why are you confusing the facts. I have stated and restated this equation many times and you still refuse to understand it. If PRHL (AIC) buyes energy from the Producer for 4.5 cents per kilowat and sells it to the end user for 11.5 cents, that's on heck of a good deal. Depending on the State, those numbers can be lower or higher but overall it is a good deal for PRHL.
Pre Market Press Release: PRHL announces that FERC HAS APPROVED PRHL TO BE AN ENERGY SUPPLIER.
This is the Holy Grail of the energy business.
All the negative posts have been proven wrong and now PRHL can concentrate on growing like never seen before.
Here is the simple formula that I will follow in the future.
Every customer TPC has under contract will average $1,000 use of energy annually.
TPC currently has 200,000 customer contracts.
That translates into $200 million dollars of revenue annually.
Now don't think I am saying PRHL will do $200,000 million in revenue because it won't. It takes time to insert the contracts into AIC, but the road is open now and no road blocks.
Next immediate step is for PRHL to deposit around 3 million dollars into a special energy deposit account against which PRHL can buy blocks of energy from Producers. In turn, that purchased energy will be distributed to the customers TPC assigns to AIC. The rate at which this business is ramped up will determine the growth rate of revenues for PRHL. Profits will follow. PRHL already has the 3 million dollar deposit. Man, this is big and unheard of in such a small cap company. I can't wait for the market to open. What kind of fireworks are we going to see?
The Press Release can be reviewed in Yahoo Finance under PRHL.
WOW !!!! I just saw Muhamid Ali knock out George Foreman in the end of the last round. Watching my Level II, the trading was slow until just before the close. A seller came in and knocked the price down to .056 and then came the buyers and took out a sizeable block at .062 and followed up at ,065. Final volume 192,769 and last price was .065. I could be wrong but I'm getting up early to watch the opening. This kind of action we don't see too often. Heavy weights going at it at full speed. I can't see PRHL waiting too long to make some kind of announcement with this kind of trading. I am excited and maybe finally PRHL is getting ready to grow some wings. Wow !!! If you like to watch stocks maneuver every witch way, PRHL did just that in the 10th round.
Keber and Hatchetman: Since I am not involved in restricted stock or stock with warrants, I have no idea what you are talking about but I now understand where you are coming from and why you are griping so much. You are under water at this moment but from where I stand and considering the volume and price action of last Friday and today, it looks like you will have a chance to cash out. Probably that .07 offer of 125K shares is your offer and hopefully that will get taken out soon. I can say one more thing. You don't appreciate PRHL's business plan and what management has accomplished. There is nothing holding PRHL back now from dealing with other companies and businesses and growing rapidly once the FERC license is approved. I'm getting more anxious by the day since I see increasing volumes with price improvement, that to me is sign of something in the wind. It sure would be nice to achieve a price so you both can get out and this message board would be rid of negative posts. Let's see what tomorrow brings.
Hatchetman: What a pathetic post. Now you are saying Premier Holding Corporation doesn't exist or it is a scam. I called the company and asked what they are doing about your posts and they informed me their attorneys are handling the matter. My advice to you is stop the non-sense before you get buried in legal wars. Today PRHL close up at .065 with a volume of 205,348 shares. I interpret that as a precursor of things to come. Namely tomorrow should be interesting. This company has done what it said it would and all that is needed now is for FERC to approve the PRHL-AIC transaction. Amen
Keber, You beleive what you want to believe. It is now 12:09 PM Pacific Time and the volume traded is 173,647 and the next shares bought will be at .064. If I know anything about stocks and trading, that to me looks like something big, BIG, is coming soon and I could guess its what we all have been waiting for 3 years.
I hope I am not asking for too much but the numbers don't lie, only people lie. Let's see what tomorrow brings.
I see no announcement from PRHL but the volume says another story.
Every time the stock is knocked down, buyers come in and clean up the available stock. I will predict that PRHL will make some sort of an announcement this week or early next week. The time limit for FERC to reply has passed, so we should hear from PRHL.
This AM there has already been 71,737 shares traded and that's without any news. If I am wrong, I will apologize but I have followed this company close enough and long enough to recognize what is happening. Once PRHL has a operating FERC license via AIC, the follow on developments should be phenomenal. All we can do is wait and see.
In Reply to Post 761: I saw the business plan of PRHL 3 years ago and I was so impressed I made a huge investment in the Company. I have followed it closely and predicted various things along the way. Since you seem to think PRHL is a sham and I think it's a gold mine, we have widely diverging views. I said it before and I repeat myself, I expect soon that FERC will approve of PRHL's ownership of an energy Provider, AIC, American Illuminating Company, and when that announcement is made, the dam will break holding back investors from investing in PRHL and the volume in trading should pick up and the price of the stock should start climbing. I think the first hesitation will be at .20. The next round of buying should take PRHL to .40. If all this sounds like pie in the sky, please no comments, let's just wait and see. It should not be too long since FERC takes about a month after the last comment letter and we are at that point now. If I am wrong, I will be the first to apologize. If you are wrong, be a man and do the same. If you are short, I will not warn you again, GET FLAT FAST.
Keber; I read that very long article about deregulated energy in California 10 years ago. It showed how complex the energy industry is and it didn't work out too well for California. Today, there are 17 states with energy deregulation and it is working much better. 50 energy providers buy energy from the producers nationwide. The providers in turn sell energy to distributors who in turn sell energy to households and commercial outlets. PRHL owns The Power Company, TPC, in Chicago with 200,000 customers currently and growing 6,000 to 7,000 customers a month. Distribution business only garners commissions, so it by itself is not too profitable. American Illuminating Company, AIC, is a Providers and buys energy from producers at large discounted prices. PRHL now owns a Provider and Distributor (TPC and AIC) and will book the entire sale of energy from provider to end user and that is the magic in this whole business plan. Revenues will sky rocket and profits will follow. The hang up is, PRHL is waiting for FERC to approve PRHL as the new owner of AIC. I hope this will happen within the week. PRHL will improve in price when that announcement is made. Since USC beat UCLA last night in basketball, PRHL will get its approval soon. Have faith. Go Trojans.
Hatchetman: Don't you care what you say and what is your goal. The next filing for PRHL is not a 10Q. Since PRHL is a reporting company, it files three 10Qs per year and and one 10K year end. The 10K for PRHL is not due for several more months. The year end 10K is by the way, audited by independent auditors approved by the SEC. What do you expect from PRHL except clean numbers. So far as any bonus given to the CEO, that can be judged only after the business plan is completed and that should be momentarily. You do not comprehend the magnitude of this business plan so everything you say comes from uniformed origin. Once more, I will say, I expect 2017 to show PRHL at .20 and then .40 and PRHL to be listed on NASDAQ. If what I say comes true, any bonus the CEO gets is well deserved.
Finally PRHL put out a Press Release and it was a fine accomplishment by one of the Board members but nothing about the financial operation of the Company. My interpretation of this Press Release is that it is the cork that came off the Champagne
Bottle. Let's hope there is more to come. The quality of management appears to be excellent so the follow on performance should be good. I'm hoping 2017 will prove to be our year.
kber: Would you please give me the exact site you are talking about. I don't know how to find I-capital's web site. I want to read for myself what you are reading. Print out the name or link so I can go to it. Thanks.
Keber, Here are the factsas I know them.
E-3 was never bought by PRHL
E-3 is a subsidiary formed by PRHL to take care of energy upgrades like LED lighting but has mushroomed into much larger products.
That posting you refer to is a misquote or misprint or some other inaccurate statement.
If PRHL paid that kind of money for anything, PRHL would immediately have to file an 8-K explaining the transaction.
No such 8-K exists.
Keber, Like much of the information quoted on this message board, that statement too is incorrect. Look at the original sale of PRHL to the current owners and no such number exists. Since I sold PRHL to the current owners, I should know what was paid and to who. E-3 wasn't even in the picture and E-3 was later created by management to do all the energy updates that were passed on to them by TPC. It so happens that currently E-3 is processing work orders that are immense and beyond PRHL's vision of E-3 getting to that size. Now what else can I say. I am waiting for an announcement that FERC has approved PRHL as the new owners of AIC. This delay has caused a log jam and has resulted in a lot of shareholders getting disgruntled thinking PRHL is not telling us everything. I am confident we will hear the approval came thru in the next week.
Finally, I got me BuyIns.Net report this morning and PRHL was shorted 70% of all the trading yesterday. My friend bought 72,000 shares and then there was further buying bringing the price up to the current price. I think the shorter got burnt on this one.
Nate5656: You have no idea how correct you are. PRHL business plan is a huge winner. Most people don't understand the mechanics of the energy business and the accounting of energy transactions, hence they miss the hard to believe results that PRHL will have as soon as the FERC approval is obtained. Have you ever heard of a small microcap stock with the potential to do 50 million in revenues in its first year of operation. Here are the facts: TPC has 200,000 contract in hand (households and commercial) TPC is ready to put 50,000 contracts into AIC in the first year. Each contract averages $1,000 per year revenues. That translates to 50 million dollars the first year. TPC probably will insert much more than 50,000 contracts and the 2nd and 3rd years projections go off the charts. This is why I am excited and PRHL is the leader in this field. People like Hachteman and other negative posters don't understand the harm they do and sometimes I don't understand their rational. Shorters I understand. If all the shareholders of PRHL put a minimal effort into supporting PRHL, this stock could be $.50 overnight. when it gets listed on NASDAQ, PRHL will get the attention of real investors and utility funds. And Alabama got whipped. Next season look for USC to be near the top of the charts.
Hatchetman: You keep stating PRHL cannot pay off a 20 thousand dollar note and interest. I see in the last SEC Filing, PRHL indeed did pay its bond holders the monies earned by the bond holders including interest earned. Again, this comes from an SEC Filing so I don't know what you are talking about. I hope you have covered your shorts because you may end up having to cover at much higher prices. How idid you like the USC-Penn State Rose Bowl game. PRHL is going to have a similar result 2017 and you can mark my word on that.
HATCHETMAN: You are absolutely correct. AIC is an energy marketer, not an energy distributor like The Power Company.
AIC buys energy from producers and markets that energy to distributors. When PRHL has AIC funded, AIC will purchase large blocks of energy from producers at a discounted price and sell it to any distributor who finds AIC's price below competing Providers.
Obviously, since PRHL owns AIC, TPC will buy its enegy from AIC. Here is the kicker. PRHL gets to book the entire transaction, buying of energy by AIC to the sale of that energy by the TPC end users (households and commercial outlets). That's where the huge revenues and eventually profits come in. My calculations show the possibility of 50 million in revenues in 2017. I believe AIC is licensed in states other than Illinois, thus its jurisdiction spreads to all licensed states. Other distributors may end up using AIC as its Provider but of course, PRHL has to have plenty of money to buy and pay for all the energy it sells. I am led to believe PRHL has arranged a large letter of credit to handle just such purchases.
There has been over 175,000 shares traded thus far this AM
What I see is an impatient shareholder who bailed out and
I see we still have a stock manipulator trying to paint the board with 500 shares. That practice has been present for months.
When the trading volume picks up, all that nonsense won't mean a thing and it can't start soon enough for me.
Hatchetman: If AIC is not a provider, why don't you explain in detail what it is. AIC has no business yet, only a FERC license. When TPC puts its contracts with AIC, it will be in business for sure. PRHL raised 3 million dollars for AIC to make its first energy purchases. What do you call AIC if not a Provider.
Steph07: It is my understanding that with 3 to 5 million dollars in an escrow gives AIC unlimited buying power. I found that hard to believe but the way it works with utilities, the energy you sell act as collateral on the next purchase. Besides that, it is my understanding that PRHL has ample money available for use in energy purchases. I also heard a rumor that E-3 is busting records with businesses orders. Let's see what next week brings to the table. This silence has to end and again if rumors have any credibility, PRHL should have its FERC approval this week. I've been hearing this for some time so if it doesn't come thru this week, I will be one disappointed shareholder.
Hatchetman: You don't give up and worse yet you don't read carefully and learn. The Power Company in Chicago was acquired years ago and sold discounted energy to households knocking on doors and selling to individual households and businesses. In 3 years TPC has grown from 6,000 contracts to 200,000. TPC bought its energy from one or fifty Providers. TPC earns commission only on this business. Lexington failed to materialize and AIC was bought to be PRHL's Provider. When the ownership change is approved by FERC, AIC will become PRHL's Provider and the accounting of the entire purchase of energy by AIC and sale of that energy by TPC gets recorded in PRHL's books. Huge profits at this point. This is why PRHL's business plan is so brilliant and will ultimately by the star of wall street. I said that on January 4 2017. If I haven't made my self clear by now, I don't think anything anyone can say will change your mind. One other thing. If PRHL had to sell its 200,000 contracts in the open market, each contract is worth over 200 dollars. You do the math and you can see the inherent value of PRHL.
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.
All PRHL Shareholders: I just watched the miracle of 2017 and it was the Rose Bowl where USC beat Penn State 52 to 49 with a last second field goal to win the game. I will predict PRHL will have as good a year as USC did in the Rose Bowl. I expect many positive announcements coming out of PRHL and this should be the start of the 2017 miracle. Since I am predicting all this success I will go a step further and say I hope it starts this first week of 2017. If not it will be soon enough. All the rambling unconnected garbage that Hatchetman puts out is so far out of reality, I have stopped trying to answer his burps. I am really hyped up for PRHL's future. The first mistake shareholders will make,is to cash out in the .20s but that's the market. .30 and .40 are not unreasonable once you see how revenues can grow rapidly. Patience will pay off handsomely and once on NASDAQ it will be smooth sailing.
Hatchetman: PRHL needs to raise capital because the energy purchases for the producers costs big money. 5 to 10 million at a time and repeatedly as the energy is sold by TPC. Do you think PRHL is going to file an SEC filing showing 1.9 million dollars in that isn't a fact. Since PRHL is traded on the BB, its annual 10K filings are fully audited by independent auditors approved by the SEC. You refuse to understand the PRHL business plan that took a lot of money to build out. That is now done. I am pretty sure you don't have many more days to see the start of the announcements. After they are made, let's hear what kind of garbage you will have to spew. If you are short, just remember Doc said get flat fast for you don't have long to wait. PRHL's current total short position is over 10 million shares and after it passes the squeeze trigger price, you are looking at .20. From there .40 soon to follow.
Hatchetman: I don't understand your question. PRHL had 1.9 million as of September 2016. Do you for a minute expect PRHL to stop raising capital. I have heard rumors I won't publish for fear of being accused of spreading false information. When the facts are published, you will begin to understand the ability of management to raise serious capital. It shouldn't be too long to start this momentum rolling. Slow at first but gaining momentum rapidly. When I get the guts to publish my projections of PRHL's growth, you will realize why I became so bullish. Now I have to live a couple more years to see if I was right. For sure, there is big money behind PRHL and that assures growth and success.
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.
derkamper, One thing I don't do is lie. Yes I bought 1000 shares yesterday after seeing an earlier trade of 16 shares. I have a very large position in PRHL and I am willing to prove that to you if it serves any purpose. As to my selling PRHL to the current owners, why don't you look at the old 10K's and see who was the CEO and look at the share holdings in those old 10K's. Try 2010 or 2011 10Ks. Do you think the SEC would lie for me or I would fake something like that. As to my age, I was born in Massachusetts on June 19,1931 and I think that makes me 85 plus. I have an MD. degree and a PhD degree and those degrees don't come from lies. I graduated from USC Medical School in 1961. Finance has been my lifelong hobby and I have owned and sold several public companies. Is there anything else I can say to convince you I am telling the truth. Since I think we are near breakout time with PRHL, I will likely add one or two thousand more shares to my holdings today. Sometimes the truth doesn't add up but being called a lier isn't something I can take lightly. If you knew my actual share holdings, you would have some pretty insightful comments I'm sure.
Nate5656: Your message puts a huge smile on my face. Yes, I have followed and studied this company for several years because I was so impressed with the business plan it published. I have watched PRHL so closely, I feel I can predict its actions before they execute them. This recent quiet episode is so quiet and different, I predict that come the New Year I expect all hell to break loose. I can see no other reason for such a silent existence. I have such a feeling for what I am saying, I have added to my very sizeable holdings as recently as today. I will add some tomorrow and wait for the New Year. I am sorry I didn't recognize anyone trying to contact me. Please try one more time at jackgregory@sbcglobal.net and if that fails, send me another message and I will give you my phone number.
Keber, Energy contracts are the essence of growth, revenue, and profits for PRHL. The entire effort of PRHL thus far was to build a salesforce to go out and knock on doors to sell discounted energy to households and businesses. The second step was to acquire an energy provider (AIC) which it did and now PRHL puts its contracts into AIC and that is when we see the results ( huge gains in revenues and profits). Building this infrastructure is not cheap and nothing comes free. Selling the contracts at this point in time would be counter productive and not make sense. As I see it, we are very close to the finish line of building a real company. Now let's see the rewards from the hard work of raising capital and producing the machinery for a producing enterprise. When this story gets recognized by Wall Street, I believe it will go viral and everyone will want to get on the band wagon. I say this at the end of 2016. Let's revisit these words in 3 to 6 months and see if I have any reality in my beliefs. If the Trojans beat Penn State in the Rose Bowl, my 2016 will be complete and satisfying. Keep the faith brother, its tough but patience pays off.
Keber, You repeated the same facts I listed previously.
PRHL bought AIC which has a FERC License and that is all PRHL needs.
Once FERC approves the name change, TPC can place its contracts with AIC. That is the game changer. At this moment, TPC is placing its contracts with another provider and merely collects the commission on that contract. That is not a profitable business however when you enter the transaction (purchase of power and sale of that power all within PRHL), the financial rewards are enormous. If you don't grasp this concept, PRHL will never look good to you until it records these total transactions in its books.
I don't understand your statement regarding The Power Company. It currently has 200,000 contracts in hand and is collecting commissions on those contracts. As soon as FERC approves the name change (ownership) TPC will start inserting contracts into AIC. That is what we have been waiting for Just some additional information. Each contract TPC owns today is worth 200 to 500 dollars on the resale market. You multiply 200,000 times 200 and that is what PRHL owns right now. I am guessing a lot of this is going to change soon after the New Year and when the announcements start, there should be many more to follow. Why are you looking for trouble when there is no credible evidence of any such trouble. If you don't believe PRHL's business plan, you have no business owning its stock. Someone keeps buying PRHL so someone other than myself believes in management.
Stef07, PRHL has said numerous facts it expects to accomplish. Those facts included raising money, which they did in a serious amounts. PRHL said it would grow TPC from 6,000 customers and it did since the contracts now number close to 200,000. PRHL said it would acquire a provider, which it did (AIC) and I saw the FERC application myself. Now PRHL is waiting for the name transfer which is coming if it hasn't already. Each of these steps has taken a lot longer than pleases me, but let's face it, these things often take longer than we like. Come the first of the year or soon thereafter, I expect some announcements which should propel the stock price to higher grounds and prepare for the reverse split and ultimate NASDAQ listing. If all this is phony, I have been the biggest fool in the world, but I don't think so. I have added to my holdings as late as last week so you see I am a believer. I intend to add more until the dam breaks loose to the upside. How did you like that last Trojan basketball game? It took till overtime but again things take longer than we like. You will do very well with PRHL and count on that. If I am wrong, I will be the first to admit it but I don't see anything but up for this stock.
Keber, That article is 100% accurate and on June 5, 2015 those facts were true. Since then, PRHL bought AIC from Mr.Cohen et. al. and submitted a request to FERC to change ownership name to PRHL. That approval is imminent if not already issued. I think the big rush to make a whole slew of announcements will come after the first of the year. There should be a good number of significant announcements after the first of the year. I contacted FERC and got a copy of the application by PRHL to acquire AIC and all those facts mentioned in that article are present in the FERC application. I believe PRHL paid $150,000 for AIC. When TPC starts placing its contracts into AIC, revenues and profits will grow exponentially and that is with a capital E. I cannot fathom how PRHL is selling down here at .06 with a sure fire growth curve that it has developed in its business plan. In my opinion, PRHL should be trading in the .20s and when the announcements come out, it should sky rocket into the .40s. We shall see. To make my year complete USC has to beat Penn State in the Rose Bowl. GO TROJANS.
Hatchetman: You sure have the right name. The article you refer to is 2 years old and doesn't amount to a hill of beans. A statement of facts and no legal follow-thru. Are you trying to scare stockholders How short are you? Your day is coming soon.
The silence is deafening and there has been no word from the Company. I expect a whole slew of announcements one after another and that should signal a rapid improvement in the stock price. There are a mess of things to be accomplished and when they are completed, PRHL won't be recognizable. Literally, we can expect a NASDAQ listing, new name and symbols and by then revenue growth should be logarithmic. It's been a long haul but very much worth waiting for. PRHL's business plan is truly a remarkable plan and to execute it has also been a remarkable feat. Hats off to management.
Mr. 4444 IT WON'T BE LONG before you see the first signs of PRHL coming out of hibernation. Rumors have it that everything is falling in place and the 3 million dollar raise is completed. That money will be used to buy energy with the first injection of contracts into AIC by TPC. I can feel the vibes and they are all positive. Sometimes what isn't said is more important then what is said and right now nobody is saying anything at the Company. We have waited a long time for PRHL to mature and the wait I believe will be worth it. Some ding dong sold a large block today down to .056 and the traders bought it up and sold stock up to .065 mid-morning. That is a strong sign that the Company is healthy and buyers exist to buy the stock when sellers want out.
Since the 10Q was filed one day early and since PRHL has almost 2 million dollars in the till, I am encouraged that the business plan that was originally laid out is coming to fruition. Now for some more predictions. Soon FERC will accept PRHL as the 100% owner of AIC. The 3 million dollar raise by a brokerage firm in Orange County is all but completed. Next I believe the S-1 will be prepared to raise 10 million dollars and the name will be changed to The Power Company (TPC). There probably will be reputable PR and IR firm to ramp up the volume of PRHL and help raise the price to an acceptable level for the reverse split. I predict PRHL or whatever the symbols will be after the name change, will be listed on NASDAQ in the first half of next year. All this is guess work on my behalf but I have been correct up till now so there is no need for me to change my story. I still see some culprit shorting PRHL and I did file a complaint with FINRA detailing the illegal activity I am seeing on Level II. The shorting is also verified by the daily reports I get from BuyIns.Net. All in all I am pleased that PRHL is progressing and I believe a Shareholders meeting will have to be held soon per regulations.
Waka, I don't think this is new information. The Chinese visited PRHL about a month ago and the money came in after that. What is new is that the PPM for an additional 3 million dollars should be near completion since it is managed by a brokerage firm. In addition, the S-1 probably will raise over 10 million dollars. The 10Q will be filed on the 15th and should show over two and a half million dollars in the bank but will probably be noted in Subsequent Events section.
Today's buying further validates strong interested investors still picking up stock. There is an insane shorter who tries to depress the stock and even enters a sell seconds before the close. Its not even worth my effort to report this kind of activity since when AIC is functioning, this ball game will get on the way. The stock closed at .07 today and I expect it will stay around this number until a definitive News Release is posted.
Shorting is embedded in PRHL's trading and we see it consistently.
Purpose of course is to knock the price down so the shorters can buy PRHL at cheaper prices and hence lock in their profit.
What I have noticed is this: Every time the price of PRHL is knocked down to the .05 to.06 level, in come big block buyers to restore the price to .07. No higher. This pattern has existed a long time and I have concluded this is a very important action.
Big money doesn't chase a dead horse. Big money is usually very informed and intelligent investing. I find this to be very encouraging a gives me assurance I am on the right road. Just need patience until management gets its projects completed and we should have one heck of a winning stock. Look at the last day of trading and that pattern was very evident again. I wouldn't want to be short in this issue, that's for sure.