The Green Baron Report (www.TheGreenBaron.com) selected Premier Holding Corp. (OTCQB: PRHL) as its “Stock Pick of the Year” in a report issued to its members today. The report states, “Every year or so, we encounter a Company that embodies all the criteria we look for including strong management, massive potential market size, strong sales, a high growth rate, potential milestone developments over the near term, low market cap relative to peers, stock trading near its historic year low, and much more.”
Although Green Baron Ventures, parent of The Green Baron Report, is being compensated for its services, the report was under no obligation to select PRHL as its “Stock Pick of the Year”. Editor in Chief Matt Chipman stated, “Our reputation is everything in this industry. We must provide our members stock ideas that go higher both in the short-term and long-term or we go out of business. ‘Stock Picks’ represent our strongest, and most supported level of coverage. A ‘Stock Pick of the Year’ elevates that opinion even higher and stands out as our top pick for 2014.”
The conclusion of the report states the following:
In November of 2012 the management team led by Randall Letcavage as Chairman and CEO took control of PRHL, supported by a board that includes Lane Harrison, past CEO of Singer and Woodrow Clark, a Noble Prize winner for environmental studies. Since that time the Company has made significant advances through the acquisition of The Power Company, development of its proprietary energy portal "National Energy Services Transactor" or NEST, the restructuring of its energy efficiency solutions company now called E3, and plans to soon become a FERC approved power supplier backed by potentially $25 million of favorable term based EB5 funds
Today, The Power Company has over 40,000 residential and over 1,500 commercial clients. These types of residential contracts have recently sold in the energy marketplace for over $1,000 per contract. Commercial contracts are selling for as much as ten times. Based on these numbers, the current portfolio of contracts could be worth more than $40,000,000 in today’s market. The Power Company is truly a marketing machine and each month adds approximately 2,000 to 4,000 energy contracts to its book, creating as much as another $2,000,000 to $4,000,000 per month in its portfolio.
In 2014, it can be estimated that by the end of the fourth quarter TPC could begin to originate well over 6,000 contracts monthly for deregulated energy (which again equate to adding $6,000,000 per month in value to the company). This could mean that for the year 2014 that it may grow to over $100,000,000 worth of contracts. This strategy alone should make PRHL one of the fastest growing companies in the deregulated energy business which is estimated to be a $500 billion dollar industry in the U.S.
Based on these numbers, The Green Baron Report believes PRHL stock should now trade at least 1 times the 12-month forecast of the value of these contracts. Therefore, a $100 million valuation today would put PRHL stock at .67 per share. We have not yet included any value that E3 could bring which we consider a wild card. The value of the E-Series proprietary controllers, the potential value that new E3 President Mark Dunnett brings, and the leverage of business opportunities presented by TPC should have at least a value of $10 to $20 million. Even near the low end, we would add another .08 of value and raise our near-term target price of PRHL to .75 per share.
About Green Baron Ventures Inc. and The Green Baron ReportThe Green Baron Report is a subsidiary of Green Baron Ventures Inc. and can be found at www.TheGreenBaron.com. The Green Baron Report is an internet stock market newsletter that focuses on low priced stocks that appear to have significant upside potential. Investors who wish to receive The Green Baron Report for free can join at http://www.thegreenbaron.com/Join.htm. Our disclaimer can be viewed at http://www.thegreenbaron.com/Disclaimer.htm. Green Baron Ventures Inc. and its management team consults and markets companies through a variety of sources including trade shows, research reports, newsletters and television.
About Premier Holding Corporation
The Company provides financial support and management expertise, which includes access to capital, financing, legal, insurance, mergers, acquisitions, joint ventures and management strategies. The Company'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 we offer 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 PRHL Investors Relations: www.prhlcorp.com.
About The Power Company (TPC)The Power Company USA, LLC is a professional energy services firm offering brokerage and consulting services with a progressive and unique perspective on energy management based in Chicago, Illinois. Their mission is to assist companies in reducing and managing their electricity expenses. Their diverse portfolio of energy providers, transparent pricing, and unparalleled industry experience offers customers the freedom of exploring all of their options for choosing the best plan and provider. Operating in all currently deregulated states, including Texas, New York and Illinois, TPC and its partners/suppliers have provided an invaluable service to its clients. Their team has consulted and/or serviced such prominent companies, organizations and governmental entities such as: The City of Dallas, Ralcorp, Choice Hotels, Apex Hospital Systems, Mercedes Dealerships, Leona's Restaurant Group, McDonald's, and many others. Because of the large amount of business transacted and their long-standing relationships with Regional Energy Suppliers, TPC is assured to provide the most competitive prices in the industry. For more information visit: www.thepowercompany.com
Forward Looking Statements
This press release contains certain statements that may include "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects," "anticipate," "optimistic," "intend," "will" or other similar expressions. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website at http://www.sec.gov. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under applicable securities laws, the Company does not assume a duty to update these forward-looking statements.
Contact:
Matt Chipman
VP – Green Baron Ventures, Inc.
Editor in Chief of The Green Baron Report
