There is no NSS going on ...........

[IQ]

Prime Rate Investors Addresses Shareholder Inquiries of Naked Short Selling


STOWE, Vt., May 18, 2005 (BUSINESS WIRE) -- Prime Rate Investors, Inc. (OTC.PK: PRRM) responded to shareholder concerns regarding the naked short selling of its common stock and urged shareholders to request that their shares be delivered to them in certificate form from their broker/dealers in order to mitigate the manipulative practice.

Management also emphasized that the Company is investigating the possibility of its stock being naked shorted and applauds Pink Sheets, L.L.C. CEO R. Cromwell Coulson's petition to SEC Secretary Jonathan Katz to amend Rule 3360 to require short interest reporting for all OTC equity securities. "Manipulative naked short selling by broker-dealers operates as a fraud on the market causing investors to lose confidence in the fairness and legitimacy of OTC markets," Cromwell wrote in his petition.

"While short selling may have its place in fair market practices," said PRRM President Dan Burgess, "naked short selling undermines the market's ability to justly and accurately reflect the price of equity securities, untowardly affecting issuers and investors alike."

Prime Rate Investors (OTC.PK: PRRM) is a multi-media holding company with interests in outdoor sports, e-tail, retail, print, web, television and film. The company's strategic relationships with multi-faceted, outdoor sports entities allow it to offer diverse advertising solutions to businesses seeking multi-media exposure. Its wholly owned subsidiaries include Stowe TV-10, and Adirondack TV-33, RSN affiliated cable broadcast companies and High Angle Media, Inc., a video production company that also manages two other RSN affiliates Sugarbush TV-12 and Smuggs TV-9. PRRM owns the majority interest of Stockli Ski USA, the exclusive U.S. distributor of Stockli skis, bikes and sportswear.


It's all just a figment of our imagination...

[stevpot99]

ya i believe it does not happen ya right

[stevpot99]

almost another billion was sold today and no budge off 0.0001

[Warren]

Keep watching, she will move.

My theory, it has been awhile. PRRM needed money and had to give some shares to raise money for their purchases. These shares would be discounted and restricted. discounted from .0001 and the restrictions are now removable. Investor just wants his quick buck and is dumping them at .0001, when they are chewed up the price will go up rather quickly as people are starting to want this stock again.

You should also see an unless barrage of PRs to insure that these shares are eating up.

JMO
Warren

[fastwalker]

Agreed, time will tell..but the most important thing, especially if you've held this stock a really long time...cough..cough...the pps will move up, the rapidity of that movement will be based on what the market percives to be the actual value of the company, not necessarily the health of the company...don't sell short...lol

fw