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| Promoter: | Penny Stock General | Paying Party: | UNKNOWN |
| Stocks covered: | Compensation: | Avg $ Volume for Period: |
| PRHL | $2000 | UNKNOWN |
| Max Profit: 14.53 % | Gain at close: 0.00 % | |
| *We think that this promoter is a part of a group of promoters. | ||
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Premier Holding Corp (PRHL)
Traders, I hope you all had a great long weekend. As usual during these long weekends I'm hard at work searching for new plays to bring to our members.
Premier Holding Corp (PRHL) hit my radar today after major news hit the wire that the company announced some huge financial projections for the fiscal year, more on that soon. First let's check out the technical's of PRHL... The 50 and 100 day moving average has converged right above $0.06 which is acting as support. Today PRHL bounced off this level and moved higher on strong volume. There is some resistance at $0.07, but today it broke through this level and we think tomorrow could move back towards and break through its recent high of $0.09. PRHL provides financial support and management expertise, which includes access to capital, financing, legal, insurance, mergers, acquisitions, joint ventures and management strategies. PRHL's mission is to acquire clean technology companies and/or green products and services that are accretive and that can be seamlessly integrated and utilize the overall economics of such products and services for the benefit of its customers. Through subsidiaries, The Power Company and Energy Efficiency Experts, PRHL offers renewable energy production, energy efficiency products and services to commercial middle-market companies, Fortune 500 brands, developers and management companies of large-scale residential developments. Additional integrated business offerings include direct energy services as power purchase agreements (PPAs), energy financing and leasing of generation programs in urban and rural real estate environments, lighting efficiency systems and refrigeration systems. For more information, visit their website at www.prhlcorp.com. Major News Announced this Morning As I touched upon earlier, PRHL this morning announced that its new power supplier completes the foundation for its growth strategy in the deregulated power industry and laid out its financial projections for the fiscal year. According to the press release, the addition of the power supplier increases revenue and profits on essentially the same deregulated power sales effort. Quite frankly, there are some amazing numbers discussed in the press release. Currently, the company generates revenue from commissions on the resale of deregulated power. The company has completed over 200,000 residential equivalent contracts since the acquisition by PRHL three years ago, and these contracts have been valued in the market from $60,000,000 to $80,000,000 or more if placed with the supplier. The commission on the sale of deregulated power is a small fraction of the total revenue of the transaction. Now that PRHL has a supplier, it can now capture the total sale of power as revenue, and retain the difference between the wholesale and retail price of power, a much greater amount than just the commission. The company will now be offering power through its own supplier, as well as from over 30 other suppliers in the market, providing the best choices for its customers. The company anticipates that a small percent of its immediate sales will be sold through its own supplier through the remainder of the year, increasing to over 50% in the coming years. The resale of power should generate over $5,000,000 in revenue for the company's 2016 fiscal/calendar year (The third year in a row of double digit increases), and with only 6 months remaining in this year, the company expects to generate another $3,000,000 in topline revenue from this supplier as it ramps up. With the existing sales infrastructure the revenue from the supplier is projected to increase to over $40 million in 2017, and $95 million in 2018. This should increase even more as the company brings on more resellers through its unique internet-based Energy Sales Portal, "ESP." Premier Holding Chairman and CEO Randall Letcavage, said: "It is a significant milestone to bring this supplier on board, and it is an integral part of our overall strategy. Now, the same efforts we expended in selling deregulated power will have a much greater financial impact to the overall company. Now, in each transaction the revenue could be more than ten times greater and the profitability on that transaction could be double or triple what we have been experiencing from just the sales commission. This is truly a game changer for our company." Investors and traders were extremely excited about the news announced today - news that is a major catalyst that could propel PRHL to breakout to new 52 week highs, and we think the momentum will carry through tomorrow and the coming days.
Get PRHL on your screen now, do your research and be ready to play tomorrow morning. The Team
www.PennyStockGeneral.com
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