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» Allstocks.com's Bulletin Board » Micro Penny Stocks, Penny Stocks $0.10 & Under » PRRM..2006..Mangement Restructuring

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Author Topic: PRRM..2006..Mangement Restructuring
Bigrod40
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;)I think its time to start the New Year off with a new thread.
Believe it or not a PR!!!!!!!!!!!!!!!!

Prime Rate Investors Announces Management Restructuring
1/10/06

STOWE, Vt., Jan 10, 2006 (BUSINESS WIRE) --
Prime Rate Investors, Inc. (Pink Sheets:PRRM), an outdoor sports and media company, announced it is restructuring management to better emphasize and streamline its wholesale and retail operations in Colorado and Vermont and increase market share of the Company's majority owned subsidiary, Stockli Ski USA, the U.S. distributor of the Swiss crafted Stockli line of Skis. The company announced that Charlie Webb of CJ Webb, Inc. will now spearhead sales for Stockli Ski USA. Mr. Webb has nearly 30 years of ski hard goods sales experience and enjoys a reputation as one of the top selling hard goods reps in the country. The Company also announced it is shifting more emphasis on the creation of original programming for national syndication.

Certain of the statements contained herein may be, within the meaning of the federal securities laws, "forward-looking statements," which are subject to risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. These forward-looking statements are based on management's expectations as of the date hereof, and the company does not undertake any responsibility to update any of these statements in the future.

SOURCE: Prime Rate Investors, Inc.

Prime Rate Investors, Inc. Dan Burgess, 802-253-0199 dan*highanglemedia.com

Copyright Business Wire 2006

[ January 10, 2006, 17:07: Message edited by: Bigrod40 ]

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