Post by shmokie2 on Jun 24, 2005 16:45:32 GMT -5
Skiershop Mountain Sports Completes Mountain Road Real Estate Purchase
6/24/05
STOWE, Vt., Jun 24, 2005 (BUSINESS WIRE) --
Skiershop Mountain Sports announced it completed the real estate purchase of 580 Mountain Road, Stowe, VT for the purchase price of $760,000.00. The real estate closing complements the Skiershop's previous acquisition of Mountain Sports and Bike and www.bikestowe.com. "We are especially thrilled to have closed on this prime real estate in anticipation of great appreciation," said Skiershop President Bobbie Roehm. The State of Vermont recently required the town of Stowe to appraise all taxable property at fair market value, revealing that "on average property values have doubled, and vacant land values have tripled," since 1996 according to the Stowe Reporter.
Skiershop Mountain Sports previously signed a letter of intent to be acquired by Prime Rate Investors (OTC.PK: PRRM), the multi-media holding company with interests in outdoor sports, and parent company of Stockli Ski USA, Stowe TV-10, Adirondack TV-33, High Angle Media, and N'east Magazine. "We are excited about the resources and relationships that Prime Rate Investors brings to Skiershop Mountain Sports. With its infrastructure, support and cross-marketing opportunities we will be able to maximize visibility and sales potential," said Roehm.
For more information, visit www.prrm.info, www.skiershop.com and www.bikestowe.com.
SOURCE: Skiershop Mountain Sports
Skiershop Mountain Sports Bobbie Roehm, 802-253-9400 info@skiershop.com
Copyright Business Wire 2005
© 2005 Stockgroup Media Inc. | Disclaimer
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Skiershop Mountain Sports Completes Mountain Road Real Estate Purchase
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6/24/05
STOWE, Vt., Jun 24, 2005 (BUSINESS WIRE) --
Skiershop Mountain Sports announced it completed the real estate purchase of 580 Mountain Road, Stowe, VT for the purchase price of $760,000.00. The real estate closing complements the Skiershop's previous acquisition of Mountain Sports and Bike and www.bikestowe.com. "We are especially thrilled to have closed on this prime real estate in anticipation of great appreciation," said Skiershop President Bobbie Roehm. The State of Vermont recently required the town of Stowe to appraise all taxable property at fair market value, revealing that "on average property values have doubled, and vacant land values have tripled," since 1996 according to the Stowe Reporter.
Skiershop Mountain Sports previously signed a letter of intent to be acquired by Prime Rate Investors (OTC.PK: PRRM), the multi-media holding company with interests in outdoor sports, and parent company of Stockli Ski USA, Stowe TV-10, Adirondack TV-33, High Angle Media, and N'east Magazine. "We are excited about the resources and relationships that Prime Rate Investors brings to Skiershop Mountain Sports. With its infrastructure, support and cross-marketing opportunities we will be able to maximize visibility and sales potential," said Roehm.
For more information, visit www.prrm.info, www.skiershop.com and www.bikestowe.com.
SOURCE: Skiershop Mountain Sports
Skiershop Mountain Sports Bobbie Roehm, 802-253-9400 info@skiershop.com
Copyright Business Wire 2005
© 2005 Stockgroup Media Inc. | Disclaimer
PRRM Releases SHfn
Skiershop Mountain Sports Completes Mountain Road Real Estate Purchase
Prime Rate Investors, Inc. Subsidiary N'east Magazine Summer Issue
Orbit Drop, Inc. Targeted With a Price Target of $4.00, Announces The OTC Report
Prime Rate Investors Addresses Shareholder Inquiries of Naked Short Selling
Prime Rate Investors, Inc. Subsidiary to Establish Colorado TV Station
SH @ the Bell: Major Indices Slide on Oil Worries
SH @ the Bell: Markets Post Losses
SH @ the Bell: Market Results Diverge
SH @ the Bell: Nasdaq Posts Slim Gain; Major Markets in the Red
SH @ the Bell: Markets Finish Mixed