posted
12:50 ET STOWE, Vt.--(Business Wire)--Oct 26, 2004--
Prime Rate Investors, Inc. (OTC.PK: PRRM.u) announced that management will issue a public statement releasing the details of the National Hospitality Group, Inc. spin off as soon as any and/or all such pertinent information is released to the company from NHGP's securities attorneys. "Expectedly, we have been inundated by investor inquiries regarding details of the spin-off," said PRRM President Dan Burgess. "We in turn focus attention daily to this issue, but unfortunately NHGP has not finalized details, nor released any further information to us as of this time. As soon as we receive any information at all we will make it public," he asserted.
quote:Originally posted by tyleemary: 12:50 ET STOWE, Vt.--(Business Wire)--Oct 26, 2004--
Prime Rate Investors, Inc. (OTC.PK: PRRM.u) announced that management will issue a public statement releasing the details of the National Hospitality Group, Inc. spin off as soon as any and/or all such pertinent information is released to the company from NHGP's securities attorneys. "Expectedly, we have been inundated by investor inquiries regarding details of the spin-off," said PRRM President Dan Burgess. "We in turn focus attention daily to this issue, but unfortunately NHGP has not finalized details, nor released any further information to us as of this time. As soon as we receive any information at all we will make it public," he asserted.
[This message has been edited by will (edited October 26, 2004).]
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