Premier Holding Corp. (fka PRHL)

[Tekterra]

This is why I don't ever buy into the hype purely on news. Looks like commons shares increased from 204 million to 245 million shares out standing. There were expensive convertible notes out there that's costly in paying the 10 or 12% interest. This is adding to the net losses.

The TPC commissions didn't really increase. If they were getting new customers and contracts are growing, they should have made more money. Reality didn't show that growth compare to last year unfortunately while operating expense increased. This report doesn't build much confidence at all. We'll see if Q3 is any different because the company claimed they have established their own suppler and contracts will be transitioning to take full advantage of that. Otherwise, this is a waste of my time.