Premier Holding Corp. (fka PRHL)

[Elliot09]

Skidaddy: Here is my take on the whole situation and I don't have any inside information. I followed PRHL closely for years and I think that the SEC is focused on Anton and Chia as well as Randall.
The SEC Note in question does not exist and was written down to zero long ago. Nobody benefited from the Note. I believe PRHL will roll up into a company with the same Companies previously announced and will uplist onto NASDAQ with a public offering to raise money. This should take place under a new CEO. PRHL ends up with a shell company unless other acquisitions are found. This is speculation but makes a lot of sense. This approach also leaves Randy to fight the SEC if and when he chooses. Randy does not answer his messages as far as I know so I don't know what is in his mind. The attorneys, investment bankers and Companies involved in the roll up I believe are unchanged. This combination qualifies for NASDAQ listing so it has to have a minimum share price and revenues to qualify for listing. The rest of the equation is your guess as it is mine. The selling yesterday was probably tax loss selling but I don't know who bought all those shares. I researched the SEC complaint and PRHL was one of three oompanies named by the SEC and the Note in question is very weak complaint and doesn't hold much merit. It is the auditors the SEC is after. Unrelated but similar cases are being resolved for very little money so long as the offending parties step aside and stay out of the public market business. Hope I covered all your questions.