Premier Holding Corp. (fka PRHL)

[Elliot09]

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.