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FINDING GROWTH: Ordinarily I would say you are probably right, but with numerous developments in the works, it is hardly a cover up job. Here is what has been announced and are currently in the works. A PPM is being managed by a Brokerage Firm and I am pretty certain the raise for 3 M is all but done. That money is exclusively for AIC to buy energy and the 3 M gets paid back when the S-1 is filed and completed. Thirdly, the reverse split has to get completed before the NASDAQ listing. 5th The name change to TPC will take place I assume with the S-1. That's a lot going on and I believe this quiet period is advised by the attorneys involved in all this activity. For these reasons, I am more patient than usual and I will give management the opportunity to get it all done. When I hear that TPC is putting contracts into AIC, it won't be long before you see a different trajectory for the stock. The projections put out early this year for 2016 and 2017 show the dynamic change that takes place when AIC is functioning. In the past, missteps cost PRHL dearly but management handled them professionally and I believe PRHL will show several M in the bank so money doesn't seem to be a problem. What are your thoughts on this entire concept Without real revenue growth the stock isn't going anywhere but that will change in my opinion.
Kber, Here you go again, citing years old facts. PRHL gave up on wind machines years ago and wrote off its loss. Why are you citing this fact now? Let me guess, just to remind shareholders maybe they should get out. I thought you agreed to not post anymore. Another lie, what could I expect. Nothing you say has any merit and please get lost. Old 10Qs are old 10Qs. I have repeatedly told you where PRHL is going and it won't be long to see this happen. Just for the record, E-3 which was not predicted to be robustly successful, is becoming robustly successful. When TPC starts to insert contracts into AIC, PRHL economics become truly amazing. You won't see this next week but with each successive quarter, PRHL ramps up to enormous revenues and profits. I feel like a broken record but that is what is happening. Again, get out of your short position and fly long with the rest of us. You will thank me in the end.
Kber: You are a 100% fake slime ball. I contacted FERC and they sent to me the entire AIC file. All the names you referred to are in the file and there is not a single item in the file that raises any question about the transaction. Your unsubstantiated veiled threats are nothing but scare tactics hoping someone will bail on PRHL. You are a dangerous fraud and I am shocked you haven't been silenced legally. If you keep up this illegal activity, I will personally file a complaint with FINRA and the SEC that you are illegally attempting to manipulate the stock of PRHL Yes, I believe you are very short PRHL and can't get out of your position.
Further, if you make claims that you can't substantiate, expect to hear from my attorney. I am a holder of PRHL and I don't expect to let low life like you to illegally harm my holdings. By the way if your first name is Ken, you have been identified and your every step will be monitored henceforth.
kber, I have spent 2 hours trying to find out what the heck you are talking about. The FERC website had a benign application for AIC and I saw nothing suspicious there. I tried to locate Docket EC 16-44 but came up empty. No such document under those numbers. If you can send me a link to the document, I would appreciate it.
Regarding Jack and Jasmine owning over 10% of the shares, you are pretty sly about telling anyone who is interested that Jack and Jasmine owned majority of the shares before they sold the Company to current management. You are a loose cannon and I can see you getting into deep water pulling stunts like that. I and others would appreciate you not posting on this site unless you are 100% sure of what you are talking about. Wow, you are special and that isn't a compliment.
kber, You have to give a little better instructions how to find your important FERC Docket. I keep finding NO SUCH DOCUMENT. Please give me better instructions for now you have my attention.
EC 16-44 didn't work.
kber, You are some specimen. Where do you come off as an expert on PRHL. Many of your posts are outright fiction and that wouldn't be bad if the information was idle gossip but in certain instances you are treading on thin legal ice. Eg You posted earlier that Jack Gregory is a >10% holder and Jasmine Gregory likewise. Your information is either fiction or lie. Jack Gregory own less than 5% of the I&O shares of PRHL. Your post puts Jack Gregory into another legal category and could theoretically create problems.
As to the trading of PRHL, here is the straight scoop:
Total Shares Shorted since 8/3/09 42,939,605
Total Volume Traded since 8/3/09 113,258,388
Percemtage of Shares Shorted 37.91
Squeeze Trigger Price 0.129
Dollar Value of Shares Shorted $5,552,801
I give you these figures because undoubtedly you are one of the fools shorting PRHL and the day is soon to come when you will say Aw-Shit this ain't good.
Example: Today selling knocked PRHL down to 059 and with less than 78,000 shares of buying, PRHL is at .07. It isn't going to take much to skyrocket PRHL when the new comes out. My advice to you is buy in your short position and go long. You will make a lot more money.
Finding Growth, Would you please explain your post in a little more detail. What is your message and to who are you talking?
kber, What kind of post is that. I have other conflicting information but I can't (won't) reveal it. Are you some kind of special investigator? 1168 people have skin in this company and none more than me and you don't want to disclose it. Who are you trying to impress. If you got something to say, say it, and let others decide how credible or incredible you are. Right now you sound like a little cry baby telling his little brother "I got one and I ain't gonna share it". Give me a break. If its like your previous posts, it don't hold any water. Grow up this is a man's world with lots of ugly happenings.
kber, Now you are beginning to talk sensibly and your question is acceptable. PRHL started with nothing and has never shown a profit thus far, no positive cash flow. 98% of OTC startups go bankrupt under these circumstances. Wall Street knows this and PRHL is in that category until it shows positive cash flow. With the business plan I discussed at great lengths, positive cash flow won't be seen until AIC is funded and ramped up. PRHL has ample cash on hand and more to come. When the energy capital is put into AIC and the first energy block is paid for, AIC and TPC go to work. From this point on, the financials of PRHL will look like the lottery. It is then that Wall Street will take notice. Very few people understand the business plan and find faults with TPC earnings. TPC will never earn lots of money since it is a commission business. When you put AIC together with TPC you have dynamite earnings. AIC has very little value by itself. TPC makes AIC valuable and vice versa. Each contract TPC owns is worth $500 with AIC in place. With TPC owning 200,000 contracts, you do the math and see what PRHL is worth on the auction block. All of this is real and not fluff. Another way to look at it is this. Why are so many entities willing to give PRHL so much money? They understand the business plan and see it accomplished. With the first PRHL announcement, I expect a lot more to follow and then Wall Street will take notice. How far PRHL stock rises depends on how many people get the full PRHL story.
Keber, How does anything you said, change the results. PRHL bought a supplier. Period. Who gives a damn who PRHL bought it from? Are you sending a message I am not understanding? What is there to dig deeper into, more BS?
Kber, Are you smoking pot? The names you cite and details you list are totally bogus red herrings. TPC was purchased by PRHL from the original owners and they received PRHL shares in return. PRHL owns 85% of TPC and long ago I heard PRHL was to buy the remaining 15%. I don't know if that happened yet. AIC, the supplier, was bought I believe for cash and is FERC licensed. PRHL cannot infuse contracts into AIC until it is funded and that is in the works. That is a FERC regulation. PRHL is waiting for a letter acknowledging the name change to PRHL but that is not holding up anything. I do not hold an anti-dilutive shares. If you have ever been a CEO you learn real early that having enough votes for each action the company makes it imperative and Randall did take care of that issue. That provision automatically expires in 3 years. I see nothing wrong with that move. I don't know the names Yarell, Cohen, Ferrel and I think you are trying desperately to scare or confuse shareholders. Why don''t you confess and tell us how many share SHORT are you. Your play time is getting real short so I recommend you flatten your position and come on over to the right side of this issue.
kber,Stef07, Waka, and Mr.4444, Please slow down and read this post real slowly and re-read it again and again. This is the straight scoop and you can bank on it. I put my money where my mouth is so you know I have no ulterior motives. I once owned PRHL. I sold it to current management after intense research so that I wouldn't make a mistake on step one. I saw a business plan that frankly blew my mind, I saw proposed management that had a history running a billion dollar industry. I read Warren Buffet just made a huge investment in the same industry, deregulated energy. After all this, I took the leap and sold PRHL to current management. PRHL started with nothing and in 3 years it now has the following. 1.The Power Company (TPC)in Chicago which enlists residences and business to sell them discounted energy. TPC is only a commission business so no great profits will come from TPC. 2. But, when TPC puts its contracts (customers) into an energy provider which PRHL now has, AIC (American Illuminating Co), PRHL gets to post the entire transaction from purchasing energy to selling it, in its operating statement. THIS IS HUGE AND WILL RAPIDLY SHOW IMMENSE PROFITS. E-3 (Energy Efficiency Experts) is PRHL's 3rd division and it sells all sorts of energy saving applications. This division has taken off far in what was expected. The 10Q on November 15th will show PRHL with excess of 2 million dollars in the bank. The uplisting to NASDAQ and S-1 will complete the business plan and then it is merely vertical growth from there. You all wanted this to happen in a short period of time. Sorry but that isn't how Rome was built. Stop posting bull shit and stick with the facts. .20 .30. .40 before the reverse split is my guess. If I left anything out, post it and I will do my best.
Somebody doesn't have any faith in PRHL's future. 120,000 share block just sold for .06. Randal's cheap 144 stock is now haunting him. Sold 144 for .04 and now it hits the market at .06. That's still a heck of a profit. One rule I always abided by was: don't make your stock become confetti by issuing too many shares at cheap prices. Now you see exactly that. Plenty of confetti from cheap 144 stock. I wonder how much more cheap stock was sold at .04. .05 stock is still a possibility if shareholder must liquidate and he bought at .04. It is time for some management to step up an buy this cheap stock. That would show confidence in the future of PRHL.
Mr 4444: PRHL needs a new CEO who knows how to run a public company. There is more to the CEO title than raising capital and executing a business plan which he has done well, but he sure doesn't know how to keep shareholders abreast of company developments and general PR. Shareholders are kept in the dark and we don't have a clue what is going on positive or negative. I am hopeful the quietness is in preparation to a lot of positive announcements. If not, we a in for a long quiet period. I am guessing the next 10Q won't have much positive news. My final analysis is that American Illuminating Company (AIC) is FERC Licensed but can't operate and take in new contracts until the necessary operating capital is raised. That I believe that is 3 million dollars and that is being raised by the Note that is being sold by a brokerage firm PRHL contracted with. That all makes sense and should be clarified by the next 10Q on November 15th.
Mr4444, If I led you to believe I knew everything, I apologize for in fact I have a lot of unanswered questions. What the heck happened to the trading volume. It dropped of a cliff to zero.
That ain't good no matter how you look at it. Management has given no direction or projections or any information which makes one wonder what is going on. My analysis of the business plan is very positive but that just my analysis. Without any announcements or information from the company, one begins to ask a lot of questions and that's the reality of the situation. I can't see how the 10Q can be very positive without a functioning provider and TPC is only a commission business. E-3 made positive statements in the past but no follow up. Where does that leave us. With lots of questions and no answers. So Mr.4444 if you can shed any light on the subject, I would like to hear it.
What do you make of this prolonged silence and the stock treading water at .069 level. If something were to happen, you would expect some news or comment. Dead silence. Who is selling and who is buying at a steady clip? The 10Q is due November 15th. If anyone has suggestion as to why this prolonged silence, I would like to hear it.
Waka, You are right and the $5.00 target is what PRHL will shoot for. It is a matter of getting PRHL up to an acceptable level before reverse splitting the stock. I hope today's action is the first step in getting to a higher level. I have never seen such large bids as we have today. Over 200,000 shares bid at .07. That is a good start. I don't think we will see cheap stock any more but I am interested in seeing how much resistance there is between here and .40. I know of some big buyers waiting for the right time to step in, but I can't understand why they don't pick up the stock when it is cheap down here. Time will tell.
For those who don't understand the business model of PRHL here is a very short synopsis.
1. The Power Company (TPC) enrolls the users of energy. Domestic and Commercial. TPC only collects commissions, so it will never be a big money maker. Its value lies in the transfer of the user contracts to its supplier, American Illuminating Co. (AIC). There is where the money is made. The entire transaction from purchase of energy to the end user is booked in PRHL's accounting. This will yield immense profits.
2. The contracts that TPC has currently are worth from 300 to 600 dollars if they were to be sold at auction. Since TPC has around 160,000 contacts, you can see the inherent value in TCP besides being vital to the overall function of PRHL.
3. The FERC license has not yet been announced, but patience is golden here and all the while, TPC gathers more and more contracts for AIC.
4. Probably PRHL will put all its ducks in order and then make the announcements we all are waiting for. Those announcements should propel the stock to lofty levels.
I don't think I am being overly optimistic but realistic with a company that started with nothing, and is planning on uplisting on NASDAQ.
Keber, You have my vote.
Waka and kber, Randal is quiet and is ordered by the underwriters not to make any public announcements or talk to anybody during the quiet period prior to the S-1 filing. This is customary and usual course of business with every public filling. Don't make more of it than the simplest explanation. I can tell you I am as confident with this company as I have ever been with any other startup and I have been involved with quite a few of them. Not to overplay my call but just put your pencil to work. When AIC has 100,000 contracts, money to purchase energy is without limits and AIC knows that. The revenues will hit 30, 40, 50 million dollars post haste and profits will follow. The road map is clear and I am certain this will happen rapidly. All these calls to FERC and other notations of dates means nothing. PRHL owns AIC and the FERC license is imminent. For those who want to make more of this situation, I worry that there may be ulterior motives. Yesterday, the short sales came thru reporting a 93.8% shorting of the volume of 69,300 shares. Somebody is crazy as hell and out of their mind.
All these recent posts are hearsay. PRHL is preparing for an up-listing on NASDAQ and an S-1 is being prepared as we speak. The next 10Q will show in excess of 2 million dollars in the bank and that was from investors who visited the Company. AIC is waiting for the FERC license and when that comes all hell will break loose when contracts are put into the provider. All this can come apart real easy if management opens its mouth and says the wrong things. This strange quiet probably comes from orders of the underwriters who direct traffic very carefully. If you don't want to be part of an unbelievable story, then sell and get out. What do you think the 65,000 and 30,000 buys are doing except keeping the stock orderly. Today's early action made me sick trying to weasel the price down .001 at a tick. The existing current short position must be huge with CDEL bidding 240,000 share on the buy side. Gentlemen, you don't have long to wait. Just don't be impatient and let the stage display the story.
The past 5 trading days have turned very quiet and that is sending a message. I have no idea what the message is, but the change in trading has turned weird. Anyone have any ideas? Even the shorting has ceased. No volume, wow !!!
Mr4444: Your are correct regarding text book trading. Trading 101, but a close inspection of PRHL's trading has many many moves that are far from normal textbook. In the past and not so much this past 4 trading days, there were shorting maneuvers that outright intended to lower the price of PRHL even when buying outpaced the selling. The tricks are endless and for those who short PRHL, they will go to any length to drop the price of the stock. When PRHL announces several game-changing accomplishments, this stock will take off like a rabbit. My guess is sometime after labor day. Look for the FERC License issuance, cash in the bank, NASDAQ listing preparations, insertion of contracts into the PROVIDER by the Distributor (TPC). These are all in the works and should put PRHL into the .40 backet. This quiet period probably is imposed by the the underwriters preparing for the up-listing to NASDAQ. Interesting times and lots of intrigue. Stay tuned.
Beau, I hope you're right. It's been awful quiet and no movement on the stock. It seems to be stuck at .075 range. There is still shorting even at these prices but the intensity and persistence of the shorting is subdued. What this all means is anybody's guess. I've wait several years for the business plan to get executed, so I am going to be patient and let things unfold as announced earlier.
Tekterra: TPC has 200,000 contracts and is adding 6,000 more per month. However, TPC contacts are maturing all the time and TPC has continued servicing these expired contracts without renewing them and that was intentional. Unassigned customers can go directly into the PROVIDER as soon as the FERC License is obtained. That should be any day now. TPC is run by very knowledgeable people and they are on top of every item related to TPC and the Provider. They can't switch contracts from an existing provider to another without consequences so when TPC realized their expired contracts did NOT discontinue their service or switch to another Provider, the people at TPC merely kept servicing them unassigned. When the FERC License comes thru, the unassigned contracts will all be assigned to the PRHL Provider, AIC. That will accelerate growth within the PROVIDER. All new contracts will automatically go into the PRHL provider, AIC. As I have said all along, the new Provider is the game changer for PRHL. Meanwhile, PRHL has been opening new offices in deregulated states so growth should be very evident here on out. The name of PRHL's new Provider is American Illuminating Company (AIC).
As of August 15, 2016, PRHL had 246,059,401 shares issued and outstanding per last 10Q. The Company successfully raised money it was seeking and all other activities are progressing. The S-1 Registration and NASDAQ listing are also progressing. It is my guess that there will be a reverse split after the stock price improves to an acceptable level to get the required stock price for the NASDAQ listing. I also think, things are exceptionally quiet because of the quiet period during a contemplated SEC filing. Minimal debt, no toxic financing, business plan completed, and when the FERC License is received, the flood gates for massive revenues and increased assets open wide. Isn't this what we have been waiting for. Patience is the virtue for success. After several more quarters, you should not be able to recognize PRHL. Now you've heard it from a long time holder of the stock.
The recent 10Q was about what I expected considering the following facts. TPC continues to grow but will never produce significant revenues. Its value lies in the number of contracts it holds and that is increasing 7,000 to 10,000 per month. Commission business is not lucrative but once TPC starts placing its contracts with AIC the Provider owned by PRHL, that is the game changer. The new contracts will go into AIC as soon as PRHL's FERC license is issued which is any day now. The secret to PRHL's success lies with AIC and that has to be the focus of any investor. E-3 is growing far faster than originally projected and the following quarters should start to see E-3's growth. Yes, I wish the numbers were stronger but honestly, I didn't expect much with Q-2. I did see the one sentence saying PRHL had received money but had not yet issued the shares so it was not incorporated in the financials. On another subject, can someone tell me what is going on with the daily stock trading. Huge blocks is both directions but generally a stable price in the .07-.08 range. My daily short reports still show about 50% shorting. I guess the shorters don't care what might happen to the stock. They just play with the computerized programs and let it fly. Good luck shorters.
Mr. 4444 : My e-mail address is: jackgregory@sbcglobal.net
All the good news in the world isn't going to help the stock price until the growth numbers get so large that the investing public takes notice. Specifically, I'm speaking about the shorting market makers. Eg. Yesterday the trading volume was 169,225. Of that number, 119,000 shares were shorted. That's an amazing 70.32%. This has been going on a long time and there is only one thing that I know that can overcome the shorts right now is massive sustained buying. That will come when PRHL prints huge numbers for revenue and asset growth. Profits won't show up until 2017. Also, the uplisting to NASDAQ is forthcoming and somehow, the price of PRHL will have to markedly improve for a reverse split to qualify for NASDAQ. 10Q is due Monday 15th and the numbers should show the first signs of real growth. Fantastic business plan, good cash on hand, basically debt free, what else could we ask for at this stage.
Today was the third daiy in a row where trading volume was moderate at best. There was consistent accumulation which got serious near the end of the trading day. PRHL closed at its high of .08. The shorters appear hesitant and the large barriers put up on the offer side were again not too big. One by one the offers were taken and only a small overhead supply exists at .08. Monday is the day the 10Q is due and hopefully will get filed on that day. Apparently,the uplisting to NASDAQ is progressing well. Getting PRHL to .10 has been slow and tedious but its getting there. Soon we should hear the FERC license has been issued to the Provider and meantime TPC continues to accumulate new contracts for energy. As soon as the new contracts are funneled into the Provider, PRHL will be off and running to the land of huge revenues. Its all going to be OK, take it from one who knows.
Gabby, I subsequently subscribed to Tom Ronk's BuyIns.Net publication and I get daily the shorting activity of the day before. Also, I get a summary of the Short Positions. Since 5/2/2012, PRHL has had a cumulative short position of over 40 million shares. Today, considering all the buy backs, there is probably a real existing short position of 16-18 million shares. That is the estimate of experts, not my estimate. It is my belief that because of the amount of buying I did and the way I bought indiscriminately, I think I created a situation that locks in the short sellers. The squeeze trigger price is .1301. PRHL is such a fundamentally strong company, it has adequate cash, little debt, no toxic financing and it is in an industry just beginning to explode. The next 3 or 4 qtrs will show growth in assets and revenues I find hard to believe. Projections: revenues 2016 should be 16 to 18 million dollars. Revenues 2017 projected at 80 million dollars. All because of the recent acquisition of the Provider which now allows PRHL to capture the entire sale of energy from the Provider to the end user. NO more just commissions. I'm happy with my investment and I think soon the investing public will see the full story of PRHL.
Gabby, I took your advice and read Posts #5701 and #5702 0n SRNA.message board.
These 2 articles are written by a very knowledgeable wise person and his facts are right on. I have a story to tell and I'll try to make it brief. I once owned PRHL and sold it to current management years ago. I am thus sentimentally attached to the stock. PRHL was 1.25 when I sold PRHL. Within weeks the market makers sold PRHL down to about .06. I was in shock and knew nothing about shorting and I began buying and buying and buying more shares. I had no idea all those shares were being shorted to me. When I woke up, I owned over 10 million shares. That's when I called Tom Ronk who gave me the lecture of my life and he gave me a short course in naked short selling. Luckily, I sold to current management because of the business plan and Warren Buffet's advice that Energy Deregulation would result in the greatest transfer of wealth seen in the U.S. My initial analysis was correct and soon when PRHL uplists to NASADQ my story will be complete. I learned first hand every trick MM use to manipulate BB stocks but being a long term investor, I have taught my son to recognize each maneuver. I would like to chat with you some day. My e-mail is jackgregory@sbcglobal .net.
You guys are sure negative about PRHL. When did PRHL ever put out a false Press Release? Management has performed remarkably and I think the next two weeks will prove me correct. The Provider is in place, the Company has adequate cash on hand, PRHL has little or no debt. Show me one other company in its infancy that has those accomplishments. PRHL should be at .30 right now but it is not because the stock is in the clutches of the shorters. Close observation of Level II trading demonstrates all the various moves the shorters have to keep the price down at these levels. I have named their maneuvers THE CHINESE WIGGLE. The price goes up and then they hit the bid and immediately make an offer lower than the previous trade. No way you can appreciate a stock with traders like the ones trading PRHL Massive sustained buying is the only thing that I can see that will correct the malaise of PRHL. I hope the opening is strong today but I have been hoping that for a long time. 10Q is due one week from today. 15th.
Yesterday trading volume was 223,800 shares.
Of that volume, the number of shares shorted was: 134,000.
The Average Price of the Shares Shorted was: 0.082.
That translates into 59.87% shorting.
That is truly an amazing statistic.
PRHL closed at its high for the day at 0.0849
Premarket today, NITE is bidding 0.0751 and offering shares at 0.049
The next offer is: 0.10
Today's trading should be interesting.
One interesting observation: Little or no shareholder selling yesterday.
In my honest opinion, all the cheap stock is gone.
Another example of the shorting that persists in PRHL.
Yesterday, the trading volume was only 63,474 shares
The Total Volume of Shorts was 17,550 shares.
The Average Price of the Shorts was 0.081
This translates to 27.65% of the days trading was shorting.
As I said in my previous post, the shorting has ranged from 25% to as high as 90% and the market makers have a basket of tricks to dampen enthusiasm in buying. I have the figures since 2012 and I will post some interesting statistics on one of my future posts.
Massive sustained buying will overcome the shorting so we have to wait for that to happen.
If you are looking for a reason PRHL shares are not rising with each Press Release, look no further than the shorting that exists daily. I subscribed to Tom Ronk's BuyIns.Net service which publishes daily, the shorting statistics for the previous day.
One examle: On August 1st the trading volume was:481,418 shares.
Of that volume,The Daily Short Volume was: 202,946 shares.
The Average Price of the Shorts was: 0.083
The Short Percentage was: 42.16%
I have the cumulative totals since May 2, 2012 and the total volume of shorts is over 40 million shares.
Less the buy backs since 5/2/12, the realistic existing short position for PRHL is about 17 million shares. This figure is not my estimate but one from an expert in shorting. No way to know the exact figure. The squeeze trigger price for PRHL is 0.1301.
No way the shorters are going to let PRHL approach 0.1301 and if you watch Level II, you will see every trick in the book used to knock the price down and keep it down. Only massive sustained buying is going to overcome the shorting that exists in PRHL. How and why this situation exists for PRHL is another story I wiil post some day.
How management expects to be listed on NASDAQ within 3 or 4 months is beyond my comprehension. Can't reverse split the stock down here.
Gabby, Go back and read your post and you will see that the reaction to your post is well earned. You make statements that just are not true and for us who have invested in PRHL, we don't like to see or hear mis-information. Example, you state you don't like to invest in companies with convertible debt Your research should have revealed that recently the Company has started to convert the existing debt. My question was: at what rate is the conversion. I went back and reviewed the debt and found three different yields and the conversions are at 3 different levels. I am guessing here but the conversions are at .15, .20.and higher. These numbers may be off but the point is those higher numbers mean much fewer shares are to be issued. I'm sure management will announce all the accurate details as the retirement of the debt takes place. To me this is all positive and I don't see how you can compare this company to some other company. Your past experiences don't necessarily translate into this company. PRHL has a serious problem with the trading of its stock and today's tape repeatedly had shorters pounding on the price. Every time there was a buy, it followed with a sell. At the close two large buy orders were entered seconds before the close at .081. Seconds later two sell orders were executed at .079. Sorry, few seconds too late and the closing price was .081.
Tekterra, Everything you said is true and right on point.
The problem of share price valuation is not how the company is doing but what else is holding the price down. PRHL is going like gangbusters, so what when the CEO puts out a Letter like today's Press Release, the stock should have bumped up 2 or 3 points. Instead it went nowhere on 600,000 plus volume. I have done some intense research on this problem and I came to this conclusion. The shorters are using monopoly money and the shareholders have to use real green backs. One against the other who do you think wins.
When the Press Releases are strong and buying increases, the shorts up the ante and short even more. Sell into any buying and offer shares at a lower price. I finally called an attorney and spoke some time where he totally understood the picture. Now I am identifying the particular parties that should be named in a law suit to disclose what is really going on in the Bulletin Board trading. No such action on NYSE or NASDAQ because there is no such thing as non-qualified shorts. Non-qualified shorts don't have to borrow or rent shares to short a particular issue. This situation will get straightened out only by legal means. I see no other way.
Tekterra, What you see today has been going on for several years.
The person or agent doing that sort of thing must have a brain the size of a pea. I cannot rationalize that behavior and it doesn't even rise to the level of manipulation since it is so financially crazy. I have formally filed 7 complaints with FINRA regarding this illegal activity but thus far all I get back is thank you we will look at it. Never heard back. Today's trading thus far is encouraging and I hope the momentum continues. If trading slows down, the shorters jump in and work their Chinese Wiggle as I call it working the price down hitting the bid and immediately make a lowwer offering. Once we hit .15 the road to .25 is a lot shorter and we will get there.
Gabby, Eat your words and I hope you don't choke on your vomitus.
Today's Press Release by the CEO explains some of the progress that PRHL has made and it is nothing short of a miracle. If I can't state facts that I learned over the years about PRHL, then what should I say. "This Company is phony, not real, pump and dump and all the other BS the shorters have been printing. Well if you think the CEO is telling a tall story, then you have a problem. I was expecting one more item and that is: what is the conversion rate of the existing notes? I think I know the answer since I went back and found at least 3 different percentage yields that have been issued and if you allow me to guess, I would say the conversions will take place between the prices .15 to .25 and those numbers could be wrong but not by much. Bottom line, these higher figures mean that PRHL will issue much fewer shares than at these current prices. Now that I have stuck my neck out, we will have to wait for the Company to release the real deal. I am confident that management is smart enough to do the best for the shareholders. I hope today's market doesn't disappoint you for I can't imagine Wall Street ignoring explosive growth as announced by the CEO today. One final thing hard to believe. PRHL has no real debt. Shares purchased at current prices are a gift not seen often and its not Christmas.