$PRHL Appointment of Three Members to Its Newly Fo
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TUSTIN, CA--(Marketwired - Jun 21, 2016) - Premier Holding Corporation (OTCQB: PRHL), today announced that it has invited three distinguished investors to be the inaugural members of its Advisory Board to provide their insights and guidance as the company continues to implement its strategic plan.
These members have been investing with the corporation for many years and have been informally offering their counsel to the leadership. The company believes it would benefit greatly by formalizing and optimizing these valuable resources for the betterment of the corporation and its shareholders.
The three members are: William Rice, founder and current CEO of Universal Products, which markets auto after-market chemicals to the auto parts suppliers. Mr. Rice also founded and was President of Universal Technologies in the HVAC arena. The company believes all these are markets or potential markets for PRHL. Robert Siegler is a long-time investor with the company with nearly four decades of experience in finance, financial products and restructuring in New York and Florida. Our third member is Chris Lacy of Lacy Construction. Mr. Lacy has been working in the construction industry for 45 years and operating Lacy Construction for the past 37 years. He said: "I was attracted to investing in PRHL because of their innovative product line in the energy service sector and most importantly Randall Letcavage and the management staff of PRHL. I look forward to assisting them with any advice or industry knowledge that will help them succeed and grow into their national presence potential. I am very excited about the story of PRHL and the path they are on."
These three men will draw upon their decades of experience both in their industries, in which the corporation seeks to expand its presence, and as successful and insightful participants in the market. The Advisory Board will communicate regularly with Senior Management and work in concert with the Board of Directors to ensure the corporation has an optimal and versatile mix of resources and perspectives as it continues to implement its strategic plan.
Chairman and CEO of Premier Holding, Randall Letcavage added: "We could not be more grateful to these talented men for offering to provide Premier Holding their insights, experience and resources to further expand the company's overall performance and help us as we implement what we believe to be an outstanding strategic plan which should greatly benefit our shareholders."