Premier Holding Corp. (fka PRHL)

[Elliot09]

sejohnson1: PRHL announced it sold TPC and its other subsidiary to a private company (AOTS)and will received shares in AOTS as payment. Those shares of AOTS are to be distributed to the shareholders of PRHL. AOTS also acquired Rescom and AER an energy savings company. The 3 companies AOTS owns makes it a real synergistic company that is projected to make excellent profits. AOTS will do an S-1 Registration to raise capital and this will be managed by WestPark Capital and the name AOTS will be changed to The Power Company (TPC) and will be listed on NASDAQ. Now all that is not small change and it took a long time in production. Very soon you should be able to read the 8-K announcing PRHL's sale of TPC to AOTS and shortly thereafter you should see an announcement giving the record date for the PRHL shareholders regarding the dividend distribution.
All the criticism posted on this message board is not worth addressing and time will tell who is right and who is full of it.
I own a large block of PRHL and hence watch it closely and my cost is way up there too but there is no benefit crying about it. I expect the final results will be good and remember, PRHL shares still belong to the shareholders so if management is able to acquire a profitable company additional value will come from their shares.
My guess is we should see all of this announced within a short time.