COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
Prime Rate Investors, Inc. Name Change Update
STOWE, Vt., May 04, 2005 (BUSINESS WIRE) -- Prime Rate Investors, Inc. (OTC.PK: PRRM) announced it is deliberating the appropriateness of several corporate names as submitted by shareholders. The field has been narrowed to twenty-five submissions including Cold Star Media, Summus Media Works, Peak to Peak Media, United Mountain Media, Media Mogul Group, Edge Media, Terra Sport Group, and High Angle Group among others. The company had previously announced its intention to assume a new name, inviting shareholders to enter submissions at www.prrm.info. The company will accept suggestions on the website until June 1. The company is offering a weekend getaway to Smuggler's Notch Resort in Jeffersonville, VT to the individual whose suggestion is adopted by the company.
States new name would be decided June 1st, or we will be able to vote on the new name, not sure. how ever I am seeing funny things happen with our symbol in my ameritrade acount like they are begining a reorganization. Something is up, not sure how long it will be.