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Post by Warren on Dec 7, 2004 12:11:06 GMT -5
We have an ask and trade at .0003 today. think this is a sign of things to come.
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Post by stevpot99 on Dec 7, 2004 12:15:48 GMT -5
any idea why this last pr finnally made the pps jump up with all mm's on an ask of 0.0003.
But I have been watching them latly and the mm's have slowly been climbing to 0.0003
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Post by stevpot99 on Dec 7, 2004 12:17:49 GMT -5
we need some of the mm's to jump to 0.0002 on the ask
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Post by ToddCT on Dec 7, 2004 12:52:49 GMT -5
The ask will only jump to 2 when enough people want to buy at .0003.
Not many people want to buy at .0003, they think this is too expensive, that is why we only had about 5 trade at 3 today. When everyone wants to buy at 3 and most of the sells at 2 have been filled then the ask will move to 2. Its simple market movement.
T
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Post by ToddCT on Dec 7, 2004 12:53:24 GMT -5
Stevepot, go buy, um lets say 100,000,000 at .0003 then the ask might move........
T
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Post by ToddCT on Dec 7, 2004 12:55:31 GMT -5
Actually I am a bit annoyed, I needed 3 more weeks to save up, then i was going to buy about 25m more at .0001 if I could get it or 10m at .0002.......
oh well, I had to wait and I missed the window.
T
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Post by Warren on Dec 8, 2004 0:28:55 GMT -5
There are definate reasons for the stock price to be going up at this time. I am exspecting it to continue to slowely rise Steve. I beleive this stock should trade between .0006 and .0012. Over time it might be worth more and trade higher. Though with my reserch book value is about .0006 give or take. With a positive revenue stream. Being a new start up, I figure book to 2 times book as a safe bet with periodic spikes above.
Based on my reserch Todd, I would surmise that .0003 would still be a good discounted pps for inestors. What I feel has held this stock back are the following. When PRRM was basically a shell stock with one entity wich was spun of NHGP, the CEOs needed to bring the share structure into rein. This was nessassary, the dreaded R/S. Like always investors took a big hit. The CEOs understood and understand now that after the R/S they started to build the new current company in the shell stock PRRM and are going to protect share holder value. Investors are R/S shy still over the bad taste.
Secondly, the NHGP dividend did not go quite so smoothly, as we are still aware of. This also has held back some investors. How ever seeing the PPS increase I think we will see some more investors want to catch the ride upwards.
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Post by ToddCT on Dec 8, 2004 8:40:07 GMT -5
Remember that he is going to give thsoe of us who bought bwteen oct 1st adn the 15th something on Feb 15th. He didn't say what though, if it will be shares of the div or maybe more shares of PRRM who knows.
Thats what I am waiting for also, to see if he comes through with his promises. That is important when investing in a shell that we knowthing about.
T
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Post by stevpot99 on Dec 8, 2004 10:59:47 GMT -5
I am not sure that anything is up and coming for people that bought in oct. . I know there was talk of it but the record date did change to sept 30.
Do you have anything that says PRRM will give out a dividend for oct.?
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Post by ToddCT on Dec 8, 2004 11:21:00 GMT -5
I saw it in a company release, either a PR or from some other source. It might have been an email from the CEO.
but I know Feb 15th is supposed to be the day that I get something from them, as I was mad that they changed the dat eon me and I yelled VERY loud at him for that.
T
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Post by stevpot99 on Dec 8, 2004 12:27:02 GMT -5
heres what you saw Prime Rate Investors Inc Announces Effective Date of Stock Spin Off STOWE, Vt., Sep 28, 2004 (BUSINESS WIRE) -- 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 CONTACT: Prime Rate Investors |
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Post by stevpot99 on Dec 8, 2004 12:30:19 GMT -5
and then came this Prime Rate Investors, Inc. Issues Correction of NHGP Distribution Date, Announces Program Air Dates STOWE, Vt., Nov 3, 2004 (BUSINESS WIRE) -- Prime Rate Investors, Inc. (OTC.PK: PRRM) retracted the distribution date announced earlier this morning, and issued a correction. On November 15, 2004, the company will issue shares of National Hospitality Group, Inc. (OTC.PK: NHGP) to Prime Rate Investors, Inc. shareholders on record as of September 30, 2004. The distribution of shares issued will be in the ratio of one (1) share of NHGP for every one hundred (100) shares of PRRM owned on September 30, 2004. Additionally, PRRM announced that the Travel Channel will air "New England Thanksgiving," film content for which was shot by High Angle Media, Inc., a subsidiary of PRRM. The program, revisiting the history of Plymouth Plantation and the first Thanksgiving, also showcases tourist destinations including Colonial Lantern Tours and Plymouth Rock. It first airs on Nov. 18 at 9:00 PM and Nov. 19 at 12:00 PM on the Travel Channel. For more information on the program, or to view a schedule, visit the Travel Channel online at travel.discovery.com. 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. Based in Stowe, Vermont, its wholly owned subsidiaries include: High Angle Media, Inc., a video production company and Stowe TV-10, an RSN network affiliate and cable broadcast company that reaches nearly a million viewers annually. For more information, visit the company's websites www.stowetv10.com and 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. CONTACT: Prime Rate Investors, Inc. |
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Post by stevpot99 on Dec 8, 2004 12:33:26 GMT -5
as you can see the first pr said the effective date was oct 15/04 the second pr said that the record date was sept30/04 I myself seemed to miss out on the dividend on a small amount of shares I bought between the 15th of oct. and sept 30 but Ihope what you heard is correct more shares for me
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Post by ToddCT on Dec 8, 2004 13:00:31 GMT -5
They should announce what the retroprocity is within a month or so. I don't know what it is yet though. I hope it will be worth just as much as getting the div of that company........ Maybe a doubling of our shares of PRRM?  ? (i hope i hope i hope) |
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