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Post by ToddCT on Apr 28, 2005 8:11:43 GMT -5
I dont have time to post but a pr came out today
T
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Post by Warren on Apr 28, 2005 11:27:08 GMT -5
Nicholas Sprung Joins Prime Rate Investors Board of Directors 4/28/2005 8:00:09 AM DENVER, Apr 28, 2005 (BUSINESS WIRE) -- Prime Rate Investors, Inc. announced that Nicholas Sprung, President of Stockli Ski USA, has been appointed to its Board of Directors. Stockli USA is a majority owned subsidiary of Prime Rate Investors and the exclusive distributor of the Swiss made Stockli skis and bicycles. Mr. Sprung established Stockli USA and continues to serve as its President in Denver, CO. "We are very pleased that Nicholas has agreed to join our board," said Prime Rate Investors President Dan Burgess. "He has driven Stockli USA's growth over the past decade and remains paramount to its continued expansion and the overall vision of Prime Rate Investors," he concluded. 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. In addition to the company's ownership of Stockli Ski USA, 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 Smugg's TV-9. For more information, visit the company's websites www.prrm.info, www.stowetv10.com and www.stockli.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.
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Post by Warren on Apr 28, 2005 11:34:17 GMT -5
This is the one Todd thanks.
I saw it earlier also but was quite busy.
Afew interesting things about the quietness and now the 2 PRs close together. The last one was nothing new. While I beleive Steve said, this was not breaking silence. Now was this PR breaking silence. I heard board appointments would not be breakin silence. Then again I am not really sure about silence rules.
At any rate the quietness and a board being built is raising my eyebrows a little. The other little tidbit is from along time ago, I was told that they would not file until after they finalized the aquisition on the ski shop.
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Post by ToddCT on Apr 28, 2005 16:53:25 GMT -5
Breaking silence??
what do you mean by that.
T
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Post by stevpot99 on Apr 28, 2005 19:46:40 GMT -5
Warren had questioned that a possible 1 month quite period could possibly mean a filing was coming since the last pr of any importance was just less then a month ago and since then we have not had any pr's except for fluff like the one today. Also Warren has sent a few emails to Ian and no response witch is odd at PRRM becuase I have alway had great response back at least within a week
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