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PRRM
Sept 24, 2004 19:59:50 GMT -5
Post by stevpot99 on Sept 24, 2004 19:59:50 GMT -5
big big big news this ones going to blow nice little dividend to for my 5 million Prime Rate Investors, Inc. Acquires Television Station Stowe TV-10 via COMTEX September 24, 2004 STOWE, Vt., Sep 24, 2004 (BUSINESS WIRE) -- Prime Rate Investors, Inc. (OTC.PK: PRRM) announced that Richard Astrom has purchased certain assets of Tampa Bay Mortgage Services, Inc., a wholly owned subsidiary of PRRM in exchange for all of his common stock in PRRM as well as the common stock of other majority interest shareholders in PRRM. PRRM completed a share exchange and purchased a television station, Stowe TV-10 in exchange for 15 billion shares of PRRM paid to the shareholders of Stowe TV-10. Stowe TV-10 is now a wholly owned subsidiary of PRRM. PRRM then sold its wholly owned subsidiary, Tampa Bay Mortgage Services, Inc. to National Hospitality Group, Inc. which is traded on the Pinksheets under the symbol NHGP. In this transaction, each shareholder of PRRM on record at close of business on September 24, 2004 will receive one (1) share of NHGP for each 100 shares of PRRM owned on September 24, 2004. Damian Guthrie, president of Tampa Bay Mortgage Services, Inc will remain president of Tampa Bay Mortgage Services and is now the president of NHGP. The present officers and directors of PRRM have resigned and the new President is Daniel Burgess, the Vice President is Ian Lamphere and the Secretary is James Morris. Burgess, Lamphere, and Morris are also new directors of the Company along with Pierce Williams. About Stowe TV-10. Stowe TV-10 is a cable broadcast channel that carries RSN national and locally produced resort-sports programming to the Vermont towns of Cambridge, Jeffersonville and Stowe - the most unique and historic hub of skiing in the Eastern United States. From its studio in the village of Stowe, Stowe TV-10 reaches hundreds of thousands of people a year in the greater Mount Mansfield and Smuggler's Notch regions. Through the diversity of its content, Stowe TV-10 is the visitor's source for local information, and the only channel for resort sports. For more information, visit the company's websites www.prrm.us and www.stowetv10.com. This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release. SOURCE: Prime Rate Investors, Inc. Prime Rate Investors, Inc. Dan Burgess, 802-253-0199 info@stowetv10.com www.prrm.us Customize your Business Wire news & multimedia to match your needs. Get breaking news from companies and organizations worldwide. Logon for FREE today at www.BusinessWire.com. www.smallcapcenter.com/story.asp?mysection=headlines&mypage=newsalerts.asp&ticker=PRRM&NewsFeed=1&storyid=2971450&fans=1&email=stevpot@telus.net
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PRRM
Sept 25, 2004 11:44:21 GMT -5
Post by bradfrogger on Sept 25, 2004 11:44:21 GMT -5
I am unable to find a quote for NHGP. Any ideas?
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PRRM
Sept 25, 2004 13:06:42 GMT -5
Post by stevpot99 on Sept 25, 2004 13:06:42 GMT -5
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PRRM
Sept 26, 2004 23:49:03 GMT -5
Post by stevpot99 on Sept 26, 2004 23:49:03 GMT -5
i feel sept 26 is going to be huge for PRRM IMO
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PRRM
Sept 28, 2004 0:23:08 GMT -5
Post by Warren on Sept 28, 2004 0:23:08 GMT -5
this is just an thought or an opinion. Now that a course of buisness hasbeen changed for the company, I beleive we should see a company name change along with a possable symbol change for a short squeeze. If this happens we could see a run up to .0004 or .0005. Again ju my thoughts.
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PRRM
Sept 28, 2004 20:22:52 GMT -5
Post by stevpot99 on Sept 28, 2004 20:22:52 GMT -5
Prime Rate Investors Inc Announces Effective Date of Stock Spin Off STOWE, Vt., Sep 28, 2004 (BUSINESS WIRE) -- (BusinessWire) Prime Rate Investors Inc (PRRM) announced the effective date of the spin-off of shares in National Hospitality Group, Inc. (OTC.Pk: NHGP) to the shareholders of Prime Rate Investors Inc is October 15, 2004. The shareholders of Prime Rate Investors, Inc. will receive one (1) share of National Hospitality Group Inc. for each hundred (100) shares owned as of October 15, 2004. The share holders of Prime Rate Investors, Inc. will retain their Prime Rate Investors Inc shares in addition to National Hospitality Group Inc shares issued. Earlier today, PRRM officials released the company's plan for growth detailing its intended expansion into horizontally related entities in the outdoor sports and media industries. "Through new acquisitions and by forging strategic relationships with these entities, the company's network of e-tail, retail, print and visual media will facilitate all the advantages of horizontal marketing: strategic cross-marketing, incentive advertising, multi-level promotion with secondary moneys, etc., while ultimately amplifying the name recognition of each entity through multimedia exposure," the company's plan states. The full text can be found at www.stowetv10.com/company.php. About Prime Rate Investors (OTC.PK: PRRM): 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. For more information, visit the company's website www.stowetv10.com. This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release. SOURCE: Prime Rate Investors Prime Rate Investors Dan Burgess, 802-253-0199 info@stowetv10.com
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PRRM
Sept 28, 2004 20:23:26 GMT -5
Post by stevpot99 on Sept 28, 2004 20:23:26 GMT -5
Prime Rate Investors, Inc. Letter of Intent to Acquire Production Company STOWE, Vt., Sep 28, 2004 (BUSINESS WIRE) -- (BusinessWire) Prime Rate Investors, Inc. (OTC.PK: PRRM) announced today the company has signed a letter of intent to acquire High Angle Media, Inc, the Stowe, Vermont based video production and management company. PRRM also owns Stowe TV-10 a cable broadcast channel and affiliate of RSN, a national outdoor and resort sports network. High Angle Media, Inc. produces television programming for national distribution including content airing on Fox Sports, RSN, and New England Sports Network (NESN) among others. The transaction remains subject to the signing of definitive agreements and customary closing conditions. PRRM officials are enthusiastic about the acquisition. "The acquisition of High Angle Media will be a benchmark in our ability to pursue our vision of growth through commercial video, television and film production," commented PRRM President and CEO Dan Burgess. Additionally, PRRM officials released the company's plan for growth on its website located at www.stowetv10.com/company.php. 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. About Stowe TV-10: Stowe TV-10 is a cable broadcast channel that carries RSN national and locally produced resort-sports programming to the Stowe, Mount Mansfield and Smuggler's Notch regions of Vermont - the most unique and historic hub of skiing in the Eastern United States. From its studio in the village of Stowe, Stowe TV-10 reaches nearly a million people a year. For more information, visit the company's website www.stowetv10.com or visit High Angle Media at www.highanglemedia.com. This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release. SOURCE: Prime Rate Investors, Inc. Prime Rate Investors, Inc. Dan Burgess, 802-253-0199 info@stowetv10.com www.prrm.us
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PRRM
Sept 30, 2004 12:08:22 GMT -5
Post by Warren on Sept 30, 2004 12:08:22 GMT -5
It looks like NHGP is going to start trading. On the graph it has it starting at $.25/ share. This was seen on the chart on Ameritrade. Anything over a penny would be excelent for us who own PRRM. I also figure if we see any trading it could rapidly affect the price of PRRM. I have still been able to get some at .0001 though today I am seeing a little pressure for the price to change to .0002. I hope it will hold out.
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PRRM
Sept 30, 2004 15:17:15 GMT -5
Post by stevpot99 on Sept 30, 2004 15:17:15 GMT -5
one thing i'm confused about but haven't had the time to look into is on the sept 24 pr it said at the end of the 24 th we would get a stock divy 1:100 shares then on the 28 th it said the same divy 1:100 shares but on the 15 th of oct. now does this mean we would get 2 divies or just the one anyone with any help would be appreciated
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PRRM
Sept 30, 2004 16:40:19 GMT -5
Post by Warren on Sept 30, 2004 16:40:19 GMT -5
Posted by: stevpot99 Posted on: Today at 3:17pm one thing i'm confused about but haven't had the time to look into is on the sept 24 pr it said at the end of the 24 th we would get a stock divy 1:100 shares then on the 28 th it said the same divy 1:100 shares but on the 15 th of oct. now does this mean we would get 2 divies or just the one anyone with any help would be appreciated
Just the one divvy, with the x date of 10/15. I think they want the new shares to be trading over a penny a share. Right now I think the O/S on NHGP would be low enough that any trading would be done at a premium until our divvy takes place. I also like this little mortgage company because of expansions into the north east are not finished. They saw the tv company bought it and branched of two companies. They were looking at a mortgage company in Stow VT at that time. I exspect NHGP to buy it or merge with the Stow mortgage companny. ( name of company is unknown though it is beleived to be in the Stow VT area.) This would add value quickly. PRRM buying the Video production company is also very positive for them. We have a chance to buy two companies stock at .0001 / share. I have been following this company for a while and they do not like or seem to not like R/Ss so I do not think we would see one in the near future.
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PRRM
Oct 1, 2004 1:48:21 GMT -5
Post by stevpot99 on Oct 1, 2004 1:48:21 GMT -5
www.prrm.us/can anyone get access to there web site hummmmmmmmmmmm? ?
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PRRM
Oct 1, 2004 6:44:17 GMT -5
Post by Warren on Oct 1, 2004 6:44:17 GMT -5
Yes I can get to their web site, at that url, how ever they have a new one that was listed in the latest PRs at www.stowetv10.com/ This is more tv related. I exspect a new site for the mortgage side to come up soon.
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PRRM
Oct 6, 2004 0:11:44 GMT -5
Post by stevpot99 on Oct 6, 2004 0:11:44 GMT -5
hey warren you see prrm went to 0.00 at the end of the day what is up with that and when are we organizing the PRRM party in Vegas lol
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PRRM
Oct 6, 2004 1:09:24 GMT -5
Post by Warren on Oct 6, 2004 1:09:24 GMT -5
I do not figure to go to Vegas for a party. LOL not even CMKX at this point. I will be able to read everything said on the sitess. I have more inportant things to do anyhow. I invest to make money and I can see a profit in PRRM. I hold well over 100 milion in PRRM and have to be careful not to go over 5%. I like the mortgage end of the stock the most wich will be given in a dividend. I am not sure as to wether I want the TV station or not, but geting both companies at .0001 and ending up with one at .0001 and the other reversed merged at 100 to 1 at .01 or better looks like a very investment. I feel that they may be dilluting a little at this time or a large investor sold out not liking the split.
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PRRM
Oct 6, 2004 14:03:22 GMT -5
Post by stevpot99 on Oct 6, 2004 14:03:22 GMT -5
October 06, 2004 11:54 AM US Mountain Timezone Prime Rate Investors Inc. Letter of Intent to Acquire TV Station LAKE PLACID, N.Y.--(BUSINESS WIRE)--Oct. 6, 2004--Prime Rate Investors Inc. (PRRM), the Stowe, VT based multi-media holding company announced it has signed a letter of intent to acquire Adirondack TV-33, a cable broadcast station and RSN affiliate in Lake Placid, NY, serving the Tri-Lakes region of NY's Adirondack Park. Its programming consists of RSN's national resort sports oriented programming as well as ADK TV-33's locally produced content including upstate New York's only live morning show, "Adirondack Today." Lake Placid was home to the 1932 and 1980 Olympics, and remains a popular destination year round for athletes and spectators of perhaps the widest variety of sports found anywhere in North America. The transaction remains subject to the signing of definitive agreements and customary closing conditions. PRRM officials also recently signed a letter of intent to acquire High Angle Media, Inc, the Stowe, Vermont based video production company. High Angle Media, Inc. produces television programming for national distribution including content airing on Fox Sports, RSN, and New England Sports Network (NESN) among others. "The acquisition of ADK TV-33 will further enable us to offer multi-market exposure in yet another key outdoor destination location. It is in line with our vision of growth as we expand as a multi-media entity," stated PRRM President and CEO Dan Burgess. About Prime Rate Investors (OTC.PK: PRRM): PRRM is an expanding 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 multi-media advertising exposure. PRRM owns and operates Stowe TV-10, an RSN cable broadcast affiliate in Stowe, VT. For more information, visit www.stowetv10.com. This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release. Contacts
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