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PMHJ.0003 news:Cap $150K PrimeHoldings.com and Target Communications, LLC, Enter LOI to Ac uire New Public Company; NQB-Listed Company Identifie PrimeHoldings.com and Target Communications, LLC, Enter LOI to Acquire New Publi Company; NQB-Listed Company Identified to Execute Target's Business Plan
Business Editors
SALT LAKE CITY--(BUSINESS WIRE)--Sept. 15, 2005-- PrimeHoldings.com Inc. (OTCBB: PMHJ), a diversified holding company with early mover initiatives in the telecommunications and proprietary restaurant and hospitality industries, and Target Communications, LLC, its joint venture partner, today announced it has entered into a letter of intent to acquire a new publicly traded company, listed on the National Quotation Bureau on an "Unsolicited" basis. This acquisition, when completed, will provide Target Communications, LLC, the vehicle and opportunity to execute the next phase of its business plan to become a stand-alone public company. Current PrimeHoldings shareholders will receive a proportional equity stake in the new entity. "This proposed scenario will better position Target Communications, LLC, to be properly funded to execute on its lofty revenue goals. Additionally, it will put the PrimeHoldings' shareholders in a better position to recoup their share value," said Thomas Aliprandi, PrimeHoldings' CEO. For additional information about PrimeHoldings.com, go to www.stockinformationsystems.com and search for PMHJ.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995
Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.
KEYWORD: NORTH AMERICA UTAH UNITED STATES INDUSTRY KEYWORD: TECHNOLOGY SOFTWARE TELECOMMUNICATIONS MERGER/ACQUISITION SOURCE: PrimeHoldings.com Inc.
CONTACT INFORMATION: PrimeHoldings.com Inc., Salt Lake City Thomas Aliprandi, 801-755-6859 ir@primeholdings.com
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SECOND ONE TO GO TODAY: (SCXC went earlier)
will Member
Member Rated: posted September 08, 2005 19:54 -------------------------------------------------------------------------------- Ok other ones I saw but don't feel like they really fit the model, but might warrant some watching: RDXM SCXC PMHJ Just too lazy to do all the detail. Have at it if you like. I don't think FCDH is finished yet either.
-------------------- A million seconds is 13 days. A billion seconds is 31 years.
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I'm surprised this isn't showing on otcbb.com or otcpicks.com as a high % gainer. Late run in the day I suppose. As long as news gets out overnight, we can ride the wave for another 100% gain tomorrow.
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:PrimeHoldings.com Inc. (OTCBB: PMHJ), a diversified holding company with early mover initiatives in the telecommunications and proprietary restaurant and hospitality industries, and Target Communications, LLC, its joint venture partner, today announced that their executive and advisory boards are scheduled to meet in Salt Lake City on Saturday, Sept. 17, 2005. The main topic of discussion will be to address issuance of a new dividend of common shares to its current shareholders, the ratio of the dividend, and the effective date. The company will also be conducting discussions regarding the announced Letter of Intent with a new publicly traded company to merge with Target Communications, LLC. "The issues at hand really are all about proper equity distribution in the new public company and making sure that our current shareholders are in the best possible position to protect their investment. The additional dividend is a mechanism to reward our shareholders for their continued faith in our company," stated Thomas Aliprandi, PrimeHoldings' CEO.,,
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Been good Tex If you look up a couple of posts it says that their executive and advisory boards are scheduled to meet in Salt Lake City on Saturday, Sept. 17, 2005. The main topic of discussion will be to address issuance of a new dividend of common shares to its current shareholders, the ratio of the dividend, and the effective date. So I expect news on this as well as who the merger company will be sometime this week .
SALT LAKE CITY, Sep 23, 2005 (BUSINESS WIRE) -- PrimeHoldings.com Inc. (Pink Sheets: PMHJ), a diversified holding company with early-mover initiatives in the telecommunications and proprietary restaurant and hospitality industries and Target Communications, LLC, its joint venture partner, today announced that the company is planning to issue a 10% stock dividend to its shareholders.
The dividend plan will be filed with Nasdaq to determine the ex-dividend date and eligibility period. Prior to the disbursement of the 10% dividend, the bid price will be adjusted downward by 10% in proportion to the additional shares. Only shareholders of record on the ex-dividend date will be eligible for the dividend.
"This equity distribution will reward our shareholders for their continued faith in our company and will effectively prevent short-sellers from receiving a dividend unless they cover their short positions. Hopefully, this plan will discourage 'naked' short selling of the stock," explained Thomas Aliprandi, CEO of PrimeHoldings.
Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995
Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.
SOURCE: PrimeHoldings.com Inc.
CONTACT: PrimeHoldings.com Inc., Salt Lake City Tom Aliprandi, 801-755-6859 ir@primeholdings.com
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DIVIDEND NEWS OUT: (BSNS WIRE) PrimeHoldings Announces Stock Dividend Record Date; PrimeHoldings Shareholders as of Oct. 14, 2005, Will Receive 10% PrimeHoldings Announces Stock Dividend Record Date; PrimeHoldings' Shareholders of Oct. 14, 2005, Will Receive 10% Share Dividend
Business Editors
SALT LAKE CITY--(BUSINESS WIRE)--Sept. 27, 2005-- PrimeHoldings.com Inc. (OTCBB: PMHJ), a diversified holding company with early-mover initiatives in the telecommunications and proprietary restaurant and hospitality industries, and Target Communications, LLC, its joint venture partner, today announced that the company will issue a 10% stock dividend to its shareholders as of Oct. 14, 2005. The dividend plan has been filed with Nasdaq and the ex-dividend date has been determined. The record date for the stock dividend is Oct. 14, 2005, with an anticipated distribution date of Oct. 21, 2005. Only shareholders of record on the ex-dividend date will be eligible for the dividend. "This equity distribution will reward our shareholders for their continued faith in our company and will effectively prevent any further short-selling and make it necessary for current short positions to cover prior to the record date," explained Thomas Aliprandi, CEO of PrimeHoldings. For additional information about PrimeHoldings.com, go to www.stockinformationsystems.com and search for PMHJ.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995
Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.
KEYWORD: NORTH AMERICA UTAH UNITED STATES INDUSTRY KEYWORD: TECHNOLOGY TELECOMMUNICATIONS PROFESSIONAL SERVICES FINANCE CO MUNICATIONS DIVIDEND SOURCE: PrimeHoldings.com Inc.
CONTACT INFORMATION: PrimeHoldings.com Inc., Salt Lake City Thomas Aliprandi, 801-755-6859 ir*primeholdings.com
quote:Originally posted by johnny14511: who is eligible for the dividend???
from what date?
Anyone that buys in before October 14th & holds into the 14th; Divy will be issued into your account on the 21st of October. Now is probably the best time for one to buy in if they have any spare change in their account because the PPS should rise as the 14th gets closer; also the company hasn't announced the company who they will be acquiring "PrimeHoldings.com and Target Communications, LLC, Enter LOI to Acquire New Public Company; NQB-Listed Company Identified to Execute Target's Business Plan" which should also give the PPS a boost. Just my thoughts...
quote:Originally posted by *Magnetic*Microspheres*:
quote:Originally posted by johnny14511: who is eligible for the dividend???
from what date?
Anyone that buys in before October 14th & holds into the 14th; Divy will be issued into your account on the 21st of October. Now is probably the best time for one to buy in if they have any spare change in their account because the PPS should rise as the 14th gets closer; also the company hasn't announced the company who they will be acquiring "PrimeHoldings.com and Target Communications, LLC, Enter LOI to Acquire New Public Company; NQB-Listed Company Identified to Execute Target's Business Plan" which should also give the PPS a boost. Just my thoughts...
BUT THE NEWS SAY ONLY SHAREHOLDERS THAT WERE IN FOR PAST DIVIDEND WILL BE ELIGIBLE FOR UPCOMING DIVIDEND?
ALSO WHATS UP WITH THIS COMPANY ? WE NEED A REAL BIG BOOST !!!
-------------------- gotta make a grand AT LEAST daily man
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Where did you read this? "BUT THE NEWS SAY ONLY SHAREHOLDERS THAT WERE IN FOR PAST DIVIDEND WILL BE ELIGIBLE FOR UPCOMING DIVIDEND?"I may have a very bad cold right now and my mind is clouded but it clearly says PrimeHoldings.com Inc. (OTCBB: PMHJ), a diversified holding company with early-mover initiatives in the telecommunications and proprietary restaurant and hospitality industries, and Target Communications, LLC, its joint venture partner, today announced that the company will issue a 10% stock dividend to its shareholders as of Oct. 14, 2005. The dividend plan has been filed with Nasdaq and the ex-dividend date has been determined. The record date for the stock dividend is Oct. 14, 2005, with an anticipated distribution date of Oct. 21, 2005. Only shareholders of record on the ex-dividend date will be eligible for the dividend. ex-dividend definition = Ex-dividend date– On (or after) this date the security trades without its dividend. If you buy a dividend paying stock one day before the ex-dividend you will still get the dividend, but if you buy on the ex-dividend date, you won't get the dividend. Conversely, if you want to sell a stock and still receive a dividend that has been declared you need to sell on (or after) the ex-dividend day. The ex-date is the second business day before the date of record. read this it will clear up the confusion.... http://www.investopedia.com/articles/02/110802.asp
[ October 03, 2005, 23:34: Message edited by: *Magnetic*Microspheres* ]