Premier Holding Corp. (fka PRHL)

[Elliot09]

Protrader201: AOTS was a new private corporation (shell) WestPark Capital formed this shell and acquired AER Lighting which is in energy savings business (LED Lights etc), and Rescom, an energy supplier, and TPC (an energy distributor). TPC, The Power Company belonged to PRHL. The three companies make up a very synergistic mix and earnings projections are excellent because a supplier and distributor are considered a utility. WestPark is going to do an S-1 to raise the money for Rescom to buy energy for TPC. I think the amount is 18 million dollars. The name AOTS is going to be changed to TPC and it is to be listed on NASDAQ. PRHL shareholders are to receive a dividend of the NASDAQ Company. The value of the dividend share should be well over .10 per share depending on whether TPC starts trading for $3 or $4 dollars on NASDAQ. The PRHL shareholders still own their PRHL shares and management is working on finding an adequate acquisition. To me that isn't bad. I don't like the delays but completing the SEC Comments on the 14-C is taking longer than anticipated. The SEC is examining the CEO and hopefully that will curb huge expenditures as in the past.