I would like to see shareholders get together and put forth their wishes and observations and work together to try bolster PRHL. I am now a Director and Vice President of PRHL and now I have closer access to PRHL and can make myself heard. A group of shareholders including myself met with Randy and heard first hand what his goals were and we were satisfied that he has accomplished the AOTS deal and now he is looking for a good acquisition for the shell, PRHL. PRHL has money in the bank and no debt. The biggest problem PRHL has is the current existing short position in the market and I computed that there is about 70 million shares short currently. The shorted shares stand to receive the dividend if something isn't done by the time the record date is announced. During our meeting with Randy, he appointed me to work on this terrible problem and I am probably the most qualified person since I have tracked PRHL for 5 years on a daily basis and I have been in touch with the most knowledgeable people in the field. A solution does not look good but I am looking into every facet that I can. If we could get 1500 PRHL shareholders behind the stock and buy a little every day, that would show that interest exists in PRHL.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.