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Elliot09

01/14/19 8:10 AM

#1358 RE: Stef07 #1357

Stef07: I don't understand your point and what DTC reports are you talking about? I am referring to the buildup of the short position over 5-6 years and the DTC size in the PRHL shareholder records parallels the growth in the short number over these 5-6 years. The one possibility that would be good for PRHL is that when the dividend record date is announced that the brokerage firms notify their short positions that they must cover their shorts. Even this issue is not adhered to by the brokerage firms except for the large discount online firms. The SHO regulation is also supposed to control the shorts and if the brokerage firms adhere to the SHO regulations, that will put pressure of the shorts to cover. In summary,I don't think there has been any significant short covering yet. I am expecting PRHL to announce the completion of the amended 14-C this coming week or next week. This long delay is not pleasant and has lots of shareholders on edge not knowing what to believe.