PRRM
A/S 20,000,000,000
O/S aprox 300,000,000 per Richard Astrom 7/29/04 PM

I just spent an hour on the phone with Richard Astrom the CEO of PRRM he said the REGDEX filing was actualy a Form 504 filing.
The REGDEX form 504 paper filing is to authorize the issuance of $1 million dollars in shares, and it was filed on 6/9/04. He didn't know how to find it online so I helped him get to it! The Form 504 authorized to a Market Maker, gives that MM the right to sell $1m in shares on behalf of the company. I was assured by Richard Astrom that there would be no further issuances of shares anytime in the forseeable future! The $1m is to add to ongoing Morgages being sold by PRRM. which are issued to medium to, higher risk client who need a loan now, rather than waiting out the 1-3 month loan application period! Most should be short term loans because PRRM issues these loan with a 65% maximum equity out value and a 12-15% interest rate, and get this! Approximately 20% points ($40k on a $200K loan at closing! Nice)! The next thing I liked was that all of the loans are writen with a 3% penilty for early payoff! Either way PRRM wins 12-15% for term or 3% out and they already have the points paid!
He told me that the 1 to 10 forward split was issued because he understood that the PPS was low as a result of the 504 shares being issued and that it was to make shareholder feel better about there holding. He went on to say that and Im gonna quote him " There will be no reverse spit of PRRM share" I asked him if he could give me a guaranteed time for no R/S and he got a bit defencive, but said "I haven't even concidered it, but at least for the forseeable future. He added "I can't see an R/S happening this year at all"
I had done a Google search for his name prior to my call and it brought back 4 more companies one of which is CSIN OTCBB so I asked him if there was any possibility of CSIN buying and adding PRRM as a Subsidiary and he said " I don't think that would be in the best interest of either company, but I do plan on filing to get PRRM listed to the OTCBB at some point in the near future"
During the conversation and before we discused CSIN he made referance to another company he owns without naming it and it was stuff that has not been PRed yet so I wont post it, but my feeling was that he was refering to CSIN so I'll be keeping a close eye on that one, as well!
There is another company with the symbol NRPI that you will come across if you do DD on Richard Ashton. It is now a shell with an issue. I questioned Mr. Astrom about the company and why it doesn't trade anymore and he said that it was a first company and that the transfer agent had issued more shares then were authorized and that he had contacted the SEC about it and they told him to fix it! He felt that the issue had been cleared up by the TA of that shell and that NRPI could become a tradeable shell if it wasn't already!
He said " If you are buying at this level then he felt that you would be buying at the bottom" I assured him before the conversation was over that I was and would continue to do so till the PPS started to rise higher than I felt safe with!
All in all, I found Richard Astrom, CEO of PRRM, to be very straight forward and to the point. He didn't try to avoid any of my question and he said that I was the only caller he had had in a month. He said there must be many people buying on spec with no infomation to go on and that he didn't understand how people could buy like that, and that he would be happy to discuse PRRM or CSIN or even NRPI with anyone who was smart enough to do there DD the right way!

I have added up the total sales at the bottom PPS on all days since 6/9/04 and my best guess says they have sold very close to all of the 504 shares at this time and I will be looking for a bounce due to demand when the 504 is done!

Prime Rate Investors, Inc., Coral Gables
Richard Astrom, 786/236-6434
Fax: 305/666-3994 http://www.prrm.us
E-mail: nres74@hotmail.com

Good Luck!
Rick

[This message has been edited by rickpic (edited July 29, 2004).]
 

Good Luck
Rick

[This message has been edited by rickpic (edited July 29, 2004).]
 

quote:

---

Originally posted by rickpic:
Hey Will call Mr Ashton if you have any questions at all about PRRM. I provided the PH#!

Good Luck
Rick

---

------------------
Due Da Due......But Be Quick About It!!!!!

Wid ma mind on ma money an' ma money on ma mind!!!

DaDog
 

quote:

---

Originally posted by dardadog:
Thanks Rick.

---

No problem! Just getting the DD from the horses mouth instead of the horse down the streets mouth! Seeing as my holdings are increasing dramaticly and its becoming a major in my account! The No reverse split quoat is the one I wanted no here! as Will said I feel safer adding now! 12m and counting!

Good Luck!
Rick

[This message has been edited by rickpic (edited July 29, 2004).]
 

Nice job. One thing though; are you SURE he said 20 POINTS???? 20% ?? $40,000.00 on a $200,000.00 loan?

I would think that 20 points would violate the FL usury laws. They have REALLY cracked down on Auto Title Loans and Pay Day Loans from places like Check Cashing Stores that charge interest at the rate of "Two arms if you repay by Thursday - and both legs if it takes 'til Saturday" ! Not quite - but almost.

I have many friends down here in So. FL who are "Hard Money Lenders", and have even lent some out myself. But we USUALLY NEVER charge more than 3 Points (3%) - and usually have no pre-payment penalty. We have about 8 good-size Real Estate Investor Clubs down here - with probably 60 "Hard Money" men (and women)- and THAT's the norm. We get the same 12-15% APR and will only lend a MAXIMUM of 65% LTV. That part I agree with. We can do a deal almost "overnight"! We're lending on the value of the property in case we have to take it back and resell it - NOT on the person OR his/her credit. This is really nothing more than "bridge" money for Real Estate 'flips' or Purchase/Rehabs, and people don't keep the money out for more than 2-4 months, on average. Hence - the NEED for the 'points' (1 pt. = 1% of the loan).

I may give him a call today if I get a chance - or Monday. I'll also call a few of the other guys I know well down in Miami and see what they have to say about him. (They MUST know who the guy charging 20 points is - LOL)!

Good Luck!
Steve

PS: It's GREAT to have you back posting again.

[This message has been edited by Love the Market (edited July 30, 2004).]

[This message has been edited by Love the Market (edited July 30, 2004).]
 

Prime Rate Investors Inc. Announces Hiring of Mergers & Acquisitions Firm to Seek NE Regional Mortgage Company for Acquisition
Monday August 2, 8:02 am ET

CORAL GABLES, Fla.--(BUSINESS WIRE)--Aug. 2, 2004--Prime Rate Investors, Inc. (Pink Sheets:PRRM - News) announces that the company has retained Windsor Capital of 82 Wall Street, Suite 1107, New York, N.Y. to search for a prominent, regional "hard equity" mortgage company located in the Northeast section of the US. Windsor Capital is a merger and acquisition firm specializing in financial services companies in the Northeast. "The company realizes that the time is perfect for growth and expansion in our market as interest rates are rising, which makes our rates more affordable to our borrowers," said Richard Astrom, President of PRRM. Prime Rate lends through its subsidiary Tampa Bay Mortgage Solutions, Inc. lends 70 percent of the value of property at rates of 15 percent per year, plus points. Typically term is 1 to 2 years.
Board of Directors has approved a resolution for the forward split of the common stock of the Company by unanimous written consent of the Board of Directors whereby every holder of 10 shares of common stock shall be entitled to an additional one share of capital stock. The effective date of this forward split shall be September 1, 2004. The shares will be mailed directly to the owners of record by Signature Stock Transfer Inc. approximately one week after the September 1st effective date.

The company owns Tampa Bay Mortgage Services, Inc. in Tampa, Florida which is a direct lender specializing in short term asset based lending. The company specialty is acquisition financing, construction loans, and lines of credit for builders and investors. The mission of the company is to build a diverse portfolio of debt and equity instruments that will provide the shareholders with both current income and capital appreciation. The specialty of the company is "hassle free hard equity loans". The company has a web site: http://www.prrm.us

In for 16m now and still building this lil nest egg!

Rick
 

quote:

---

Originally posted by rickpic:
Will. I just saw that! Astrom and I discused the NE reagon on the phone and I believe he was listening to me. One thing is for certain and that is that he has taken it to the top with a very prominent NYC firm to handle the next aquisition in the NE!

In for 16m now and still building this lil nest egg!

Rick

---

Rick
 

quote:

---

Originally posted by jmichael7:
..thanks for sharing your DD with us rickpic is much appreciated... ;0) em jm

---

SERIOUS DD. THANKS RICKPIC--MIGHT HAVE A GOOD MONEY MAKER HERE. ON MY WATCH LIST. THANKS...

------------------
DIANA
 

Good Luck
Rick
 

ST. PETERSBURG, Fla., Jun 16, 2004 (BUSINESS WIRE) -- Tampa Bay Mortgage Services, Inc., a wholly owned subsidiary of Prime Rate Investors, Inc. (Pink Sheets:PRRM), announces that it has given a $1,000,000 secured line of credit to Royal Arkansas Hotel and Suites, Inc. in Pine Bluff, Arkansas. The funds are to be used for renovation of a 200 room hotel. The hotel is presently known as the Pine Bluff Convention Center Hotel and is attached to the Pine Bluff Convention Center.

javascript:viewHotelImgs("10227626");

[This message has been edited by rickpic (edited August 02, 2004).]
 

I called WIEN today and spoke with Larry Wien himself about PRRM! He reafirmed the 504 for $1m and WIEN is the MM handling the dependiture for $1. I asked him how close they were to completing the sale and of course he didn't give me an answer, but something told me they were very close to completing it! Not even 5 minutes after I hung up the phone WEIN droped off the ask and placed an ask of .001. Tomorrow we should know if the dependiture is done or not.
An aquisition of a broker in the NE area will prove to be very great for PRRM and I can't wait to find out which one it will be! I'm from NE and I know the market here. Its big!
Hang in there, this has reasons to move north!
Rick

[This message has been edited by rickpic (edited August 03, 2004).]
 

quote:

---

Originally posted by rickpic:
Heres what I think! Those 40m shares were mostly me buying and WIEN droping off the bid was very significant!

I called WIEN today and spoke with Larry Wien himself about PRRM! He reafirmed the 504 for $1m and WIEN is the MM handling the dependiture for $1. I asked him how close they were to completing the sale and of course he didn't give me an answer, but something told me they were very close to completing it! Not even 5 minutes after I hung up the phone WEIN droped off the ask and placed an ask of .001. Tomorrow we should know if the dependiture is done or not.
An aquisition of a broker in the NE area will prove to be very great for PRRM and I can't wait to find out which one it will be! I'm from NE and I know the market here. Its big!
Hang in there, this has reasons to move south!
Rick

---

Good Luck
Rick
 

quote:

---

Originally posted by rickpic:
Yes i meant NORTH! Not really sure how much North but any move north puts me in the green at this point! My average is now under .0004 with my buys today at .0003 now holding 43.5m

Good Luck
Rick

---

Shares traded since 7/19 1,981,155,000 Cash value calculated at the low of the day $1,061,102.91

The Regdex 504 dependiture for $1 million dollars was filed on 6/9/04

Between 6/9 and 7/5, 72 million shares traded at an average of .01 or $720,000.00 (Some traded much higher)

Between 7/6 and 7/16 when volume moved way up! 67 million shares traded at an average of .004 or $268,000.00

Very interesting that the cash generated from trading between 6/9 when the 504 was filed and 7/16 when volume picked up was $988,000,00 Just $12,000.00 under the total of the 504 filing!

In any case $1,708,000.00 is the cash generated from sales since the filing! My guess is that the 504 is done and that the shares are just being moved around to make it appear that it is not done for some reason! Maybe to shake out weak hands, so that larger investers can accumulate at this much lower level! I'm not sure! I do know however that I wont be shaken below a 125% gain on my investment, and even then I will hold on to 10s of millions of free shares!

Good Luck All!
Rick
 

SEC rules staight that 504 dependiture filing limit shares to the amount it takes to cover the dependiture for one year from the filing!

Rick

All shares traded today were at the ask!
 

Rick

[This message has been edited by rickpic (edited August 06, 2004).]

[This message has been edited by rickpic (edited August 07, 2004).]
 

Rick

[This message has been edited by rickpic (edited August 07, 2004).]
 

quote:

---

Originally posted by rickpic:
LOL .0003906 is my average! Thinking it may take off sometime next week!

Rick

[This message has been edited by rickpic (edited August 07, 2004).]

---

Prime Rate Investors Inc. Has Been Paid Closing Points and Has Received Final Funding Request for Hotel, Forward Split Set for September 1st
Business Wire - August 09, 2004 08:01

CORAL GABLES, Fla., Aug 9, 2004 (BUSINESS WIRE) -- Prime Rate Investors, Inc. (Pink Sheets:PRRM) announces that the company has received final funding request for closing from Royal Arkansas Hotel and Suites and has paid Prime Rate Investors its fees for funding. Closing is set for August 27. The mortgage loan is a draw on the $2,000,000 credit line and is at 18% interest. Richard Astrom, President of Prime Rate Investors, said, "We are excited to make the loan as we consider it to be a prudent and profitable investment." The hotel consists of 200 units and it attached to the Pine Bluff, Arkansas Convention Center. The hotel and Convention Center are across the street from the City of Pine Bluff City Hall. The convention center is owned and operated by the City of Pine Bluff Arkansas. Bob Purvis, director of the Convention Center, said, "We are excited to have new ownership in the hotel as they are experienced hotel operators, and they are bringing new and fresh ideas to the hotel and Convention Center." Prime Rate typically lends through its subsidiary Tampa Bay Mortgage Solutions, Inc. and lends 70 percent of the value of property at rates of 15 percent per year, plus points. Typically term is 1 to 2 years.

Board of Directors has approved a resolution for the forward split of the common stock of the Company by unanimous written consent of the Board of Directors whereby every holder of 10 shares of common stock shall be entitled to an additional one share of capital stock. The effective date of this forward split shall be September 1, 2004. The shares will be mailed directly to the owners of record by Signature Stock Transfer Inc. approximately one week after the September 1st effective date.

The company owns Tampa Bay Mortgage Services, Inc. in Tampa, Florida, which is a direct lender specializing in short term asset based lending. The company specialty is acquisition financing, construction loans, and lines of credit for builders and investors. The mission of the company is to build a diverse portfolio of debt and equity instruments that will provide the shareholders with both current income and capital appreciation. The specialty of the company is "hassle free hard equity loans." The company has a web site: http://www.prrm.us.

This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

SOURCE: Prime Rate Investors, Inc.

Prime Rate Investors, Inc.
Richard Astrom, 786-236-6434
Fax: 305-666-3994 http://www.prrm.us
E-mail: nres74@hotmail.com

Customize your Business Wire news & multimedia to match your needs.
Get breaking news from companies and organizations worldwide.
Logon for FREE today at www.BusinessWire.com.

Copyright (C) 2004 Business Wire. All rights reserved.

quote:

---

Originally posted by rickpic:
It means for every 10 shares you own you will own 11 after the dividend! It becomes a 10% increase in your holdings of the company and any future aquisitions ,loan income they produce! This company is building on a very bright looking future! IMO!
Rick

---

rickpic ... what happened to VRMD? This situations look very similar. Did you get burned on VRMD?
 

I was able to do much better DD on this company then I was on VRMD, not to say that I didn;t do all i could there also, but the CEO and I had a very long conversation on PRRM and its future. .0003 is a drop in this soon to be full bucket! IMO!
Rick
 

$6m to Viyon Corp for aquisition (was MMLD)

$2m to National Hospitalities Group Inc as a revolving creadit line.

$1m to The Sanibel Group for aquisitions.

and the most recent

$1m to Royal Arkansas Hotel and Suites Inc for renovations at a $400k return to PRRM

$1m from the recent 504 dependiture!

I didn't even add in the income from the first 3 loans, because the terms were not PRed yet! But I assume that they are issued at a minimum of 15% over at least 2 years with points and early out penalties!

I assume that the O/S is around 1.5bb at this time and if I divide that by 11.4 million, I'd say its a very safe play at this time.

Rick

[This message has been edited by rickpic (edited August 09, 2004).]
 

Good Luck
Rick
 

[This message has been edited by Spinoff (edited August 09, 2004).]
 

Rick
 

quote:

---

Originally posted by Spinoff:
Cool...just got outta GXXL...and added another 7 count of PRRM! Looking forward to that forward split. Figured this one is already down enough that the forward split won't effect it to much...ha

---

that is my biggest concern ... why would a company offer free shares like this? I am by no means a basher, but can someone explain the concept of how this company plans to profitably execute a 10-1 FORWARD split @ .0003 without a R/S. It basically sounds like they are giving away free shares on Sept 1st which makes me incredibly skeptical. Can someone enlighten me

 

quote:

---

Originally posted by Spinoff:
This thing is like trin ta roll a hard eight, but if you roll that hard eight you'll be laughin to da bank BABY!!!

---

You guys are rediculous ... LOL I'm in for a mil
 

quote:

---

Originally posted by gmoney:
You guys are rediculous ... LOL I'm in for a mil

---

.0002 x .0004
 

quote:

---

Originally posted by rickpic:
Did i call that sucker right on the money or what! Follow the money!

.0002 x .0004

---

well done ric. Your work is immaculate. Hey, is it possible that this becomes a pattern and the bottom drops out tomorrow and they build it back up, or do you think we will see 0004 or higher tomorrow?

 

Rick
 

Good Luck
Rick
 

Rick
 

GOT IN AT .0002 I HOPE THIS PULLS NORTH!
 

[This message has been edited by will (edited August 10, 2004).]
 

Man ... after I read this I knew how dumb that sounds!!!!!!!

As long as I sell at .0003 Im doing good LOL

Bare with me Im learning and his is my first stock buy I have ever done.

[This message has been edited by Rags2BetahRags (edited August 11, 2004).]
 

this is what I see at a glance!

642 million shares all bought at the ask of .0002 Will it go to .0001? I'm realy not sure! I still feel that the MMs are forcinging this down and scaring uninformed buyers and seller out. I am as informed as anyone can be on this position and I think that the F/S is making the MMs decide to cover or not and as long as they keep holding it down I think they are buying and covering before the F/S! I still see this PPS rising before the split! The problem that is getting bigger is that the more shares that are bought out of the float at .0002 or even .0001 the harder it will be for buyers to buy through the .0003 50% profit takers and the .0004 100% profit takers! What we need here is an aquisition PR that will make the holders of those low position hold through .0003 and .0004! Keep your fingers crossed!

Rick
 

You think I should hold out past the 3 and 4???

Does the forward split not make the price go down?

Like I said I am new and only asking not trying to sound ignorant.
 

hope this helps
Rick

[This message has been edited by rickpic (edited August 11, 2004).]

[This message has been edited by rickpic (edited August 11, 2004).]
 

I picked this after reading your posting. It was a flip of a quarter here between this and Qant and you made sense to me to try it. Thanks
 

Nothing is ever gonna be like CMKM/CMKX

Second this stock has some promise, just not overnight promise! Could it see .02 again? Yes, but not untill the company grows into a valuable Hard Money Lender and yes it is moving in the right direction! I try not to day trade as a rule! I pick plays with future promise and sit on the positions! Sometime the timing is right and you get a jump in and right back out, but that is a losing game over the long term and the commitions also drive down your positions! Free shares is the best way to play the market and waiting for the right pick versus jumping in all over the place is also important! I have 400 stocks on my streamers and I track most of them regularly. This give me a first hand view of there movements and I learn there parterns. Then i buy into them or not!
Bottom line is i like this play for a mid term play and i am willing to wait through all of the little flippers!
Rick
 

The 10% FS was announced on 7/29 and the PPS was at .001 at that time. you need to read all that is available and look at the chart on this stock, because you are apearing to be highly uninformed on this position, even though I know you have been following this thread.
The $1 million dollar dependiture was filed back on 6/9/04 and the pps was .025 at that time. Cash is needed to run any company and going pulic means selling share to continue and grow operation!
My feeling that there is a short going on here is growing, because the estimated volume sold at .0003 is 600 million shares and the total sold at .0002 is 642 million! Are the .0002 buys a cover of the .0003 short at a 33.33% profit to the Market Maker shorting them? I think it is to a large extent!
I personaly will be waiting this out!

Rick

[This message has been edited by rickpic (edited August 12, 2004).]
 

quote:

---

Originally posted by brendand00:
ricsuck, remember when u said once the 150 million traded at 0002 was sold back for a profit at 0003 it would stabilize. yeah, good prediction. so what now? there has to be 300 million shares sold at 0003? you suck!! ****pics

---

Mike
 

I would have to say Ric is doing awesome!!!

Im UP HUGE!!! I have made 50% on all his picks so far..LOL

Then again I have only did one and this was it and I got a 50% profit plus I still have 1 million shares free.

Keep it UP UP UP !!!!!!!!!!

Now to the subject of PRRM!

We have a stock that is basing and there is no question about that at .0001 x .0002! We also have a company with things about to happen and for those that have read the whole thread here you know what those things are! The 1 for 10 forward split happens in 13 trading days, so time is becoming limited, and I believe that the closer we get to the split date the better the chances that the PPS will start to move up! Don't rely soley on the split to make PRRMs PPS rise though, because I somehow think that all the cards haven't been played by the company prior to the split! Keep an eye on it!
For those of you who have been buying in at .0002 for the first time. Don't be afraid to take a 100% gain of half of your shares and ride free shares! There is no better play than a free play! As for me and the holders of several 100 million shares that I know of from this and other groups I post to, many of us will be holding for higher levels, as a mid term play rather than the quick flip! At some point I will be riding 23.9 million free shares after selling half of my post split shares!
PRRM has PRed the desire to aquire a NE broker and I'm guessing it will happen in the near future, so I will be holding large here and waiting for that announcement! My guess would be that that will be a very good payday for those with patients!
Good luck to those who are flippers this week, and I hope you don't get locked out of a good thing!
At this point I have to call this a short and mid term strong buy!
Be sure to do as much DD as you can and that includes calling the company if you so desire! Whatever it takes, be comfortable with any investment you make here prior to making it! Your investments are your responcibility and if you choose to make them soley based on the DD of others, you may not lose here but you will surely lose elsewhere in the long run!
Rick

I for one have doen my first ever buy of a stock and it was PRRM. I sold half of my origanal investment which wa speanuts to start with. It was cheaper to try this and learn than what I typical lose at the casino. LOL

I sold half and made my money back and will hold the rest for future splits or see if the price goes up more for my greediness. I have 1 million free and my money back not a bad gamble in my book.

For those who are whining about losing...heres a hint.....dont gamble with what you cannot burn. Look at the bright side of it......if this is worthless to you ask for the certificates so you save on KLEENEX.

JMHO
 

[This message has been edited by rickpic (edited August 16, 2004).]
 

All i get is blank at otcbb. nothing at barchart.

At least tell me where I can do my own looking so I can see how to do it. Thanks
 

quote:

---

Originally posted by Rags2BetahRags:
How do you get the chart that was posted ??

All i get is blank at otcbb. nothing at barchart.

At least tell me where I can do my own looking so I can see how to do it. Thanks

---

YOU HAVE TO PAY FOR IT ALPHATRADE.COM L2 & CHARTING
 

Rick
 

LOL

Rick

[This message has been edited by rickpic (edited August 16, 2004).]

[This message has been edited by rickpic (edited August 16, 2004).]
 

I sold some today and now I am staying with what I have for the free ride. In either case Im only playing with soemone elses money now. Im sooooooooooooo Happy

CORAL GABLES, Fla., Aug 17, 2004 (BUSINESS WIRE) -- Prime Rate Investors, Inc. (Pink Sheets:PRRM) announces that it is funding the Royal Arkansas Hotel and Suites and has been paid closing costs.

PRRM has also retained Windsor Capital, located in New York City, to find a merger candidate in the Northeast U.S. Prime Rate is looking for a "hard money equity" mortgage lender in the Northeast that also lends with a maximum 70% loan to value.

A forward stock split (owners of 10 shares get 1 share extra) has been approved by the board of directors and will be effective September 1, 2004.

Prime Rate typically lends through its subsidiary Tampa Bay Mortgage Solutions, Inc. and lends 70 percent of the value of property at rates of 15 percent per year, plus points. A typical term is 1 to 2 years. The company specialty is acquisition financing, construction loans, and lines of credit for builders and investors. The specialty of the company is "hassle free hard equity loans."

The mission of the company is to build a diverse portfolio of debt and equity instruments that will provide the shareholders with both current income and capital appreciation. The company has a web site http://www.prrm.us.

This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

SOURCE: Prime Rate Investors, Inc.

Prime Rate Investors, Inc.
Richard Astrom, 786-236-6434
fax: 305-666-3994
e-mail: nres74@hotmail.com
website: http://www.prrm.us

Customize your Business Wire news & multimedia to match your needs.
Get breaking news from companies and organizations worldwide.
Logon for FREE today at www.BusinessWire.com.

Copyright (C) 2004 Business Wire. All rights reserved.

--------------------------------------------------------------------------------

quote:

---

Originally posted by rickpic:
PRRM has now moved to #18 on the PINK SHEETS quote request list! People are taking notice!

---

quote:

---

Originally posted by brendand00:
ricdic, and all of his supporters: where is the movement. A PR is out and no movement. Dang!! You guys are using eachother to feel good about investing in a stock that has no chance. Hey, but keep it up. Oh and by the way, my portfolio is bigger than all y'alls, but that is probably because of that 15 million dollar trust fund i just got. keep it up ricdic

---

Riiiight...

Well since we're all little people, why dont you go away and leave everyone alone, or is that actually how you made your millions..from paid bashing? Last I heard that was a crime.
http://bigcharts.marketwatch.com/news/articles.asp?guid={3A225BF9-EFAB-44AB-AAD1-C0C3123EF899}&newsid=816231877&symb=CLSI&sid=6938
 

Im happy being part of the little peoples.

With all that money I would think you should be able to afford a life AND a FIREND. Then again your last one deflated so i guess you gave up. Keep trying. Maybe you would be better off buying QBID for yourself and get yourself a dat at the same time.

The .0004 at the end of the day was painting the tape, but it does look good in my portfolio! We wont know till tomorrow wheather or not it was buying at .0003 today or WIEN selling short just to buy it back at .0002 again or not!
The PR this AM was only a recap of the past three PRs, but
it tallies the events of the last 2 weeks and provides a reminder that the 10% share dividend is getting closer every day!
I am personaly waiting for the PR that says PRRM has aquired or has an LOI with a NE Hard Money lender! That is the one that makes this play, or begins to make this play.

Good Luck all!
Rick

 

http://img.photobucket.com/albums/v258/wavslider/cfdg21463.jpg

[This message has been edited by Waveslider (edited August 18, 2004).]
 

Thanks you for the chart looks great and many will be looking very hard at the great looking indicators it shows!

TAKE NOTICE PEOPLE

Thanks
Rick
 

quote:

---

Originally posted by rickpic:
This little stock that wasn't even in the top 100 last week is now at #6 on the Pink Sheets most quoted list! Seems people are taking notice of what was basicly an unknown company 3 weeks ago. This can't be bad for those of us that bought it at .0002 and .0003
Good Luck Today!
Rick

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that means nothing, look at gwad and the other top five. they are really moving aren't they?? good work again!!

 

quote:

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Originally posted by Rags2BetahRags:
Well

Im happy being part of the little peoples.

With all that money I would think you should be able to afford a life AND a FIREND. Then again your last one deflated so i guess you gave up. Keep trying. Maybe you would be better off buying QBID for yourself and get yourself a dat at the same time.

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no, but i could afford proper education, which is why you will never see me spell a kindergarten word such as friend such as you did (FIREND) can you spell GED correctly, oh wait, i just did. you are retarded.

 

Now lets get to the real truth about finding out about your so called trust fund that you state but yet on a thread for MLON you are whining and crying like a little school girl over losing some money??????

Save your money...buy Kleenex....Get you education ....and live the wonderful dream. Clouds and Candy of the imagination are so beautiful when you believe. When you wake up though in your wet sheets with a deflated balloon hugging your pillow crying dont come whining to me

quote:

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Originally posted by rickpic:
PRRM is now #16 on the pink sheet most quoted list!

The .0004 at the end of the day was painting the tape, but it does look good in my portfolio! We wont know till tomorrow wheather or not it was buying at .0003 today or WIEN selling short just to buy it back at .0002 again or not!
The PR this AM was only a recap of the past three PRs, but
it tallies the events of the last 2 weeks and provides a reminder that the 10% share dividend is getting closer every day!
I am personaly waiting for the PR that says PRRM has aquired or has an LOI with a NE Hard Money lender! That is the one that makes this play, or begins to make this play.

Good Luck all!
Rick

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I guess WIEN is still gonna continue playing till something solid comes out! I on the other hand will continue to hold, because I like the company concept and fundimental! There is $11 million dollars that I can trace backing up my investment at this time and I'm waiting for that number to grow in a very big way over time!

Rick

[This message has been edited by rickpic (edited August 18, 2004).]
 

Hard Money

Hard money refers to money that is borrowed at a high rate of interest, usually because the borrower has credit problems, or is not a bankable borrower due to an unusually high amount of credit card debt, etc. Sometimes it's because the borrower needs money faster than a bank will give it. In every case there must be plenty of equity in a parcel of real estate to qualify for a hard money loan.

If you do not have equity into your deal; you are not going to get a "Hard Money" loan!

The usual Loan-To-Value (LTV) ratio on hard money is between 50-60% tops! This means that if you have real estate with a Fair-Market-Value of $200,000; you can borrow somewhere between $100,000 and $120,000 against the real estate as a first mortgage. Hard money rates are always high: between 14%-24% and there are always points! The term varies from 1 year to 5 years. The Annual Percentage Rate APR is usually between 19%-28%!

The LTV on raw land and other non-income producing property is usually 33%. On land development deals the LTV can be higher. Credit rating is not too important in a hard money loan unless the borrower is simply a chronic deadbeat who is always behind on all debt.

Real Estate appraisals are not too important during the first year of ownership. All loan decisions are made based on purchase price.

Hard Money does not mean that we supply the money and you supply the brains!

It means you supply the collateral and we supply the money!

In all 50 States we have many "Hard Money" no-income verification, no-credit check programs available for commercial real estate of any type and for construction and land developement. Our typical loan in these situations is 40-50% of the value of the real estate. We do not place much emphasis on credit history or ability to make monthly payments! Many Hard Money loans can be structured so that there are no monthly payments. If your hard money deal makes economic sense, and you have plenty of collateral; Let's Talk!

Here's what we don't want to hear:

(These examples are not meant to sound insulting. They are simply mentioned to save us both a lot of time and phone bill expense!)

(1) You bought a parcel of property last week for $10,000. But you got a great deal because you're a genius and the previous owner is an idiot! The property is really worth $38,000,000! And all you want to do is borrow a mere pittance of $400,000 against the property.

(2) You're going to buy a distressed property for $5,000. After you fix it up it will be worth $38,000,000. You want to borrow $400,000 against the anticipated selling price.

(3) You have a chance to buy a "Can't Miss" business. The last 9 people who owned the business went bankrupt because they were all stupid! Now all you need is $400,000 and in a short period of time the business will be worth $38,000,000!

(4) You have an appraisal in your hand that states that a piece of property is worth $38,000,000. You can buy it for $400,000. You want to borrow $600,000 from us. $400,000 to buy the property and $200,000 for loose change to help with your living expenses until your ship comes in!

Hard money does not mean that we will lend you money at a high rate if you do not have equity of your own into the deal. If you have enough equity in your real estate we don't care if you're the Town Drunk or your going to jail in the morning! Chances are; you are going to get a hard money loan!

However, If you have no equity, and no money to put into a deal; you are simply not going to get a hard money loan. You don't need us, you need Jiminey Cricket, or a partner with some money!

We do not have any 100% finance programs!

Source: [URL=http://www.allcityservices.com/hardmoney.html]------------------------------------------------------------------------

[This message has been edited by rickpic (edited August 19, 2004).]
 

Hard Money Lenders, Subprime Lenders, High Risk Lenders and Bad Credit Mortgage Lenders…
What do they mean and what are the differences?
We get asked this question all the time! So we have decided to set the record straight! In the mortgage lender business, a hard money lender, subprime lender, high risk lender and bad credit mortgage lender are basically ALL THE SAME! These terms for different lenders are interchangeable. They do however, have some basic underwriting guidelines they all follow.

When are hard money, subprime, high risk & bad credit lenders used?
Anytime a traditional lender, also known as a conforming lender, will not approve your mortgage requests. Some reasons for this include low FICO scores; recent bankruptcy; a balloon payment on an existing loan that is due now or even past due; inability to verify income, tax returns, bank statements, etc.; high debt to income ratios; a need for emergency cash quickly; odd or non-conforming types of properties, such as mixed use, multiple units, apartments, land, etc. You must own real estate or be purchasing real estate to use a hard money, subprime, high risk & bad credit lender .

Why do hard money, subprime, high risk & bad credit lenders approve my mortgage when others will not?
These lenders understand the real estate market, real estate loans and mortgages and are looking for a safe and secure investment. Since these types of mortgages are secured by a property with at least 10-30% equity, the lender is better protected and receives the benefit of the higher interest rate return, as the interest rate you will pay will be higher then a conforming mortgage lender will offer you. The greater the risk for the lender, the higher the interest rate for you. Oftentimes, you will need a hard money lender, subprime lender, or high risk lender to get a mortgage approval if you fall outside of normal guidelines. However, this does not mean that down the road you can qualify for a conforming mortgage.

Do I need to provide all my documentation regarding income, bills, etc?
This varies from lender to lender, but typically you will only need to provide minimum documentation to obtain the mortgage loan. There are many different options. Some lenders will not require income tax returns, but may look at your bank statements to verify your income. Or you may not need to provide any income documentation at all, and get a no income mortgage approval. Each hard money lender will look at the whole picture and determine if it is a mortgage that makes sense to approve.

What if I have damaged or bad credit with a low FICO score?
This is often the reason a borrower will need a hard money, subprime or high risk lender. These types of mortgages are usually used by individuals with past, recent, or current credit issues to rebuild their credit and eventually refinance to a more traditional type loan. FICO scores are used by all mortgage lenders to determine creditworthiness. Conforming lenders want to see a credit score of usually 640 and higher. High risk lenders will look at credit scores as low as 500! It maybe be possible to get a mortgage approval even with a credit score under 500, but oftentimes this requires a private investor. A private investor is an individual who lends out their own funds.


 

Despite the pitfalls, lenders say that hard money loans can provide borrowers a lifeline in times of need. Consumers just need to make sure their loans will help get them out of debt, not bury them even further.

"If a property in a subdivision is worth $100,000, the loan-to-value on a hard money loan may be 50 percent to 65 percent, so maybe $65,000 maximum on a first mortgage is loaned against the property" to pay off the old lender who's preparing to foreclose, says Robin Snyder, president of Mortgage Bankers Ltd. in Baltimore.

"That does not mean that that customer can't take the property and sell it tomorrow for $100,000 and reap the benefits of that additional $35,000," he adds. "A person is better off paying 14 percent, or a higher rate than the normal rate of 9 or 10, to keep the property rather than lose it. Or say you don't get $100,000 for it, you get 90. Ninety is better than zero."

'Hard money' loan costs and terms
What does a typical hard money loan cost? That's hard to say because there really is no "typical" transaction. But someone trying to avoid foreclosure might run into the following terms:

Interest rates: 12 to 18 percent
Balloon payment: typical, usually due after 1 or 2 years
Loan position: must be a first mortgage, not second
Maximum loan-to-value ratio: anywhere from 50 percent on up to 70 percent
Points: 4 to 8
Assuming the worst rate and point structure possible, a $100,000 loan could cost as much $8,000 up front and $1,507 a month in principal and interest payments. Borrowers who don't want to end up paying such steep prices should contact their lenders at the first sign of trouble making payments. They may be able to work something out and avoid foreclosure.

SOURCES: Kirk Johnson, mortgage broker, Sierra Funding Corp.; Robin Snyder, president, Mortgage Bankers, Ltd.; Brandon Thompson, private money broker.

Please look at the bottom play thread, Give me your opinion on FMNJ.
 

sorry but I don't have anything new yet today! I do have several calls in to the company and when I get a return call I will update the news here!
On a good note the volume was very low today and lets hope that that means the MMs are concidering covering before the 10% share dividend coming up!
Time is getting short for any movement before the split!

Good Luck
Rick

 

quote:

---

Originally posted by will:
rick:

Please look at the bottom play thread, Give me your opinion on FMNJ.

---

Sorry I didn't see your post and I hope you bought this this am!

Rick

I may try to get in on this one at .0002 on Monday.
 

quote:

---

Originally posted by rickpic:
Sorry I didn't see your post and I hope you bought this this am!

Rick

---

Heres the link for those interested! http://www.nasdaq.com/reference/upcoming_splits.stm
 

quote:

---

Originally posted by rickpic:
It official SPLIT listed at Nasdaq.com

Heres the link for those interested! http://www.nasdaq.com/reference/upcoming_splits.stm

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PS as you can all see I have nothing to gain from suggesting a buy at .0002 and a sell at .0003 at this time!

[This message has been edited by rickpic (edited August 23, 2004).]

[This message has been edited by rickpic (edited August 23, 2004).]
 

CORAL GABLES, Fla., Aug 24, 2004 (BUSINESS WIRE) -- Prime Rate Investors, Inc. (PRRM) (Pink Sheets:PRRM) announces that it is funding a $200,000 Mortgage in Stowe, Vt. through its subsidiary, Tampa Bay Mortgage Solutions, Inc. Richard Astrom President said: "We are extremely enthusiastic about the Stowe/Burlington area and we are in discussions to open a Loan Production Office in Stowe/Burlington, Vt. There does not appear to be any competition in Stowe for our hard-money equity loan product and the real estate market is very strong due to the Stowe Mountain Ski Resort's $250,000,000 expansion." The mortgage placement will earn 18 percent interest for the company. Prime Rate typically lends thru its subsidiary, Tampa Bay Mortgage Solutions, Inc. and lends 70 percent of the value of property at rates of 15 percent per year, plus points. Typically, term is 1 to 2 years. The company specialty is acquisition financing, construction loans, and lines of credit for builders and investors. The specialty of the company is "hassle free hard equity loans."

A forward stock split (owners of 10 shares get 1 share extra) has been approved by the board of directors and will be effective September 1, 2004.

PRRM has retained Windsor Capital, located in New York City, to find a merger candidate in the Northeast U.S. Prime Rate is looking for a "hard money equity" mortgage lender in the Northeast that also lends with a maximum 70% loan to value.

The mission of the company is to build a diverse portfolio of debt and equity instruments that will provide the shareholders with both current income and capital appreciation. The company has a web site: http://www.prrm.us

This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

SOURCE: Prime Rate Investors, Inc.

Prime Rate Investors, Inc., Coral Gables
Richard Astrom, 786-236-6434, Fax 305-666-3994 http://www.prrm.us
E-mail: nres74@hotmail.com

When I said stronge buy at .0002 I ment it people!

Rick

[This message has been edited by rickpic (edited August 24, 2004).]
 

Where do you see this as a 3-4 month investment going? Maybe 0.01 in the next year? I have a lot of shares and thinking I will just lay off watching everyday and look for a long term.
 

quote:

---

Originally posted by EDDIE138301:
Ricpic,

Where do you see this as a 3-4 month investment going? Maybe 0.01 in the next year? I have a lot of shares and thinking I will just lay off watching everyday and look for a long term.

---

I see great long term and short term potential here. The profit margin in Hard Money Motgages is huge and if Astrom keeps growing his base of operations, the revenue will continue to grow with it! 18% interest and 4-7 points at closing, plus early out penalties is all a win/win! Not hard to see a profit from .0002 investment here!

Rick

 

I am in comunication with a DC Hard Money broker who says that they are making an attempt to form a relationship with PRRM, because they have loan request in the Florida area that they can not handle at this time and would like to pass on the leads to PRRM. As I said its just a rumor, but could be a good one!

Rick
 

1.5 billion as of the close yesterday!
The Dependiture is still not done, but it apears as thought it is close to completion! A PR will be issued upon completion per my request!

" Anyone who buys this stock at .0002 will see a profit within 1 month"

Once again he took the time to answer every question, and did not evade any question I asked! The biggest question being " will there be a R/S any time in the near future" answer " No absolutly not, there will be no R/S anytime in the forseable future"

Rick
 

Rick
 

quote:

---

Originally posted by rickpic:
I see a major PR coming within the next 2 weeks! Call it a very stronge feeling! Remember the PR about the company being hired to do an aquisition in the NE area! Vermont is in the NE area!

Rick

---

Question: I see all bids are .0001 now. Can I get filled at that price? There is one MM on ask at .0002 and then 9 @ .0003

Also - IF I buy - either at .0001 or maybe .0002 - Can I SELL it if I want to...or will it be a situation like CMKM or the old GTWY were most of the time; you could Buy - but Never Sell?? I don't want to be tied up in a pink too long.

Thanks in Advance,
Steve
 

Rick
 

Rick
 

Rick

PS OUR CEO waisted no time at all talking to this guy about new loan prospects, and I believe they will be sitting down together real soon!

[This message has been edited by rickpic (edited August 25, 2004).]
 

Rick
 

quote:

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Originally posted by rivercity:
ric what is the last day to buy to be eligible for 10/1 split... would this be sept.1st.. thanks rivercity

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I think you missed read the news regarding the foward split. It's not 10 shares for every 1 you own. It's, for every 10 shares you own you get 1 extra share.
 

Thanks,
Steve

Good Luck
Rick

PS you can thank me for my quick call to R.A. about this possible relationship with Quaker later!
 

quote:

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Originally posted by Love the Market:
Rick - Can you please post the Direct link to the RB thread? If you try typing it in normally over there - it goes to a Lycos Quote page like CDVJ and others do.

Thanks,
Steve

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if you have any boards save from RB just type in PRRM in the box at the top of your saved board there, sorry but I wont post the link here!

[This message has been edited by rickpic (edited August 25, 2004).]
 

It doesn't work for me that way. No big deal. I have 3 RB threads saved, and when I type PRRM in that box at the top - I get Lycos' Quote.com

Not the end of the world though. I've known you a year next week and trust your judgement! Too bad we can't trust the Red Sox, although them and the Marlins down here are back in Wild Card hunt.

put PRRM in the box at the top, and ask for the quote, not the message board. when the quote comes up, you will see the message forum box under the quote. click on that and you will get the prrm message board. save it in favorites and it will always come up.
 

quote:

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Originally posted by Love the Market:
Thanks for responding so quick Rick!

It doesn't work for me that way. No big deal. I have 3 RB threads saved, and when I type PRRM in that box at the top - I get Lycos' Quote.com

Not the end of the world though. I've known you a year next week and trust your judgement! Too bad we can't trust the Red Sox, although them and the Marlins down here are back in Wild Card hunt.

---

Even the Patriots sucked up some turf last weekend! Thats My team! Thanks for understanding about the link!

quote:

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Originally posted by rickpic:
David from Quaker State Mortgage Corp./ Quaker Capital Corp. a private Direct Lender of Hard Money Mortgages is putting together several packages of $100k to $300K Hard Money loan request, that his company recieved from individuals and buisnesses in Florida, and sending them to PRRM (Richard Astrom) in hopes of forming a relationship between the 2 companies and also because these loans are smaller than Quaker State usualy handles. This could mean pretty good news for us!
In another note , while David was on R.A. yesterday, R.A. had called him back from a site that he was doing an inspection on, which could mean another closing is coming real soon! Site inspections are usualy done after terms have been agree to by the lender and the mortgagee!
The split is getting closer here. Only 4 days of trading left to grab those 10% free shares and this company is in fast forward as far as, moving forward with the closings and even the LOI that I now believe will be of a Vermont Broker.

Good Luck
Rick

PS you can thank me for my quick call to R.A. about this possible relationship with Quaker later!

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PRIME RATE INVES (Other OTC:PRRM.PK) Quote data by Reuters

Last Trade: 0.0001
Trade Time: Sep 3
Change: 0.0001 (50.00%)
Prev Close: 0.0002
Open: 0.0003
Bid: N/A
Ask: N/A
1y Target Est: N/A

Day's Range: 0.0001 - 0.0003
52wk Range: N/A - N/A
Volume: 70,071,320
Avg Vol (3m): 0
Market Cap: 0
P/E (ttm): 0.00
EPS (ttm): N/A
Div & Yield: N/A (N/A)


Prime Rate Investors Inc -PRRM- Hurricane Disaster Loan Program Initiated
Friday September 3, 8:22 am ET
Forward Split - Stock Certificate Mailing Being Processed

CORAL GABLES, Fla.--(BUSINESS WIRE)--Sept. 3, 2004--Prime Rate Investors, Inc. (Pink Sheets:PRRM - News) announces that it has initiated a Hurricane disaster loan-mortgage program for business owners whose businesses will be interrupted by Hurricane Frances. Hurricae Frances is expected to be the largest hurricane to ever hit the State of Florida. Tampa Bay Mortgage Solutions Inc, a wholly owned subsidiary of Prime Rate, is based in Tampa, Florida. After the storm passes the company will look for businesses and companies that need quick, "Hassle free equity loans". Richard Astrom, President of Prime Rate said: "The plan is to give financing to bridge the gap between the disaster and the insurance funding, or to fund the underinsured business." Applications are being processed by fax at 305 666 3994.
Recently the company has: funded the Royal Arkansas Hotel and Suites; retained Windsor Capital, located in New York City, to find a merger candidate in the Northeast U.S.; funded a $200,000 Mortgage in Stowe, Vt.; The company is in discussions to acquire a mortgage company in the the Stowe-Burlington, Vt area.

A forward stock split (owners of 10 shares get 1 share extra) has been approved by the board of directors and was effective September 1, 2004 and the stock issuances are being processed by the transfer agent.

Prime Rate typically lends thru its subsidiary Tampa Bay Mortgage Solutions, Inc. and lends 70 percent of the value of property at rates of 15 percent per year, plus points. Typically term is 1 to 2 years. The company specialty is acquisition financing, construction loans, and lines of credit for builders and investors. The specialty of the company is "hassle free hard equity loans".

The mission of the company is to build a diverse portfolio of debt and equity instruments that will provide the shareholders with both current income and capital appreciation The company has a web site http://www.prrm.us

------------------------

Prime Rate Investors Inc -PRRM- Sept 1, 2004 Effective Date, Shareholders of Record to Receive 1 Share Extra for Each 10 Shares Owned
Tuesday August 31, 8:00 am ET

CORAL GABLES, Fla.--(BUSINESS WIRE)--Aug. 31, 2004--Prime Rate Investors, Inc. (Pink Sheets: PRRM - News) announces that a forward stock split (owners of 10 shares get 1 share extra) has been approved by the board of directors and will be effective to owners of record on September 1, 2004.
Prime Rate Investors, Inc. owns Tampa Bay Mortgage Solutions, Inc. Prime Rate typically lends thru its subsidiary Tampa Bay Mortgage Solutions, Inc. and lends 70 percent of the value of property at rates of 15 percent per year, plus points. Typically term is 1 to 2 years. The company specialty is acquisition financing, construction loans, and lines of credit for builders and investors. The specialty of the company is "hassle free hard equity loans".

The company has funded the Royal Arkansas Hotel and Suites and has been paid closing costs. Mortgage interest rate is 18%.

Last week the company funded a $200,000 Mortgage in Stowe, Vt. thru it's subsidiary Tampa Bay Mortgage Solutions, Inc. with an interest rate of 18%. The company is in discussions to acquire a mortgage company in the the Stowe-Burlington, Vt area.

PRRM has also retained Windsor Capital, located in New York City, to find a merger candidate in the Northeast U.S. Prime Rate is looking for a "hard money equity " mortgage lender in the Northeast that also lends with a maximum 70% loan to value.

The mission of the company is to build a diverse portfolio of debt and equity instruments that will provide the shareholders with both current income and capital appreciation The company has a web site http://www.prrm.us

--------------------------------

Prime Rate Investors Inc. Forward Split Set for Sept. 1, 2004
Monday August 30, 8:01 am ET
Has Funded Hotel Acquisition, Retained Windsor Capital for Merger
Has Funded Stowe Vermont $200K Mortgage; Owns Tampa Bay Mortgage Solutions Inc

CORAL GABLES, Fla.--(BUSINESS WIRE)--Aug. 30, 2004-- Prime Rate Investors, Inc. (Pink Sheets:PRRM - News) announces that it has funded the Royal Arkansas Hotel and Suites and has been paid closing costs. Mortgage interest rate is 18%.
PRRM has also retained Windsor Capital, located in New York City, to find a merger candidate in the Northeast U.S. Prime Rate is looking for a "hard money equity" mortgage lender in the Northeast that also lends with a maximum 70% loan to value.

A forward stock split (owners of 10 shares get 1 share extra) has been approved by the board of directors and will be effective September 1, 2004.

Last week the company funded a $200,000 Mortgage in Stowe, Vt., through its subsidiary Tampa Bay Mortgage Solutions, Inc. with an interest rate of 18%. The company is in discussions to acquire a mortgage company in the Stowe-Burlington, Vt., area.

Prime Rate typically lends through its subsidiary Tampa Bay Mortgage Solutions, Inc. and lends 70 percent of the value of property at rates of 15 percent per year, plus points. Typically term is 1 to 2 years. The company specialty is acquisition financing, construction loans, and lines of credit for builders and investors. The specialty of the company is "hassle free hard equity loans."

The mission of the company is to build a diverse portfolio of debt and equity instruments that will provide the shareholders with both current income and capital appreciation The company has a Web site: http://www.prrm.us.

----------------------------------

Prime Rate Investors Inc. $200,000 Mortgage Placement Stowe/Burlington, VT, Forward Split Set For Sept. 1, 2004
Tuesday August 24, 8:00 am ET

CORAL GABLES, Fla.--(BUSINESS WIRE)--Aug. 24, 2004--Prime Rate Investors, Inc. (PRRM) (Pink Sheets:PRRM - News) announces that it is funding a $200,000 Mortgage in Stowe, Vt. through its subsidiary, Tampa Bay Mortgage Solutions, Inc. Richard Astrom President said: "We are extremely enthusiastic about the Stowe/Burlington area and we are in discussions to open a Loan Production Office in Stowe/Burlington, Vt. There does not appear to be any competition in Stowe for our hard-money equity loan product and the real estate market is very strong due to the Stowe Mountain Ski Resort's $250,000,000 expansion." The mortgage placement will earn 18 percent interest for the company. Prime Rate typically lends thru its subsidiary, Tampa Bay Mortgage Solutions, Inc. and lends 70 percent of the value of property at rates of 15 percent per year, plus points. Typically, term is 1 to 2 years. The company specialty is acquisition financing, construction loans, and lines of credit for builders and investors. The specialty of the company is "hassle free hard equity loans."
A forward stock split (owners of 10 shares get 1 share extra) has been approved by the board of directors and will be effective September 1, 2004.

PRRM has retained Windsor Capital, located in New York City, to find a merger candidate in the Northeast U.S. Prime Rate is looking for a "hard money equity" mortgage lender in the Northeast that also lends with a maximum 70% loan to value.

The mission of the company is to build a diverse portfolio of debt and equity instruments that will provide the shareholders with both current income and capital appreciation. The company has a web site: http://www.prrm.us

-----------------------------------

Prime Rate Investors Inc., PRRM: Funding Hotel Acquisition
Tuesday August 17, 8:01 am ET
Retained Windsor Capital for Merger
Forward Split Set for Sept. 1, 2004
Owns Tampa Bay Mortgage Solutions Inc.

CORAL GABLES, Fla.--(BUSINESS WIRE)--Aug. 17, 2004--Prime Rate Investors, Inc. (Pink Sheets:PRRM - News) announces that it is funding the Royal Arkansas Hotel and Suites and has been paid closing costs.
PRRM has also retained Windsor Capital, located in New York City, to find a merger candidate in the Northeast U.S. Prime Rate is looking for a "hard money equity" mortgage lender in the Northeast that also lends with a maximum 70% loan to value.

A forward stock split (owners of 10 shares get 1 share extra) has been approved by the board of directors and will be effective September 1, 2004.

Prime Rate typically lends through its subsidiary Tampa Bay Mortgage Solutions, Inc. and lends 70 percent of the value of property at rates of 15 percent per year, plus points. A typical term is 1 to 2 years. The company specialty is acquisition financing, construction loans, and lines of credit for builders and investors. The specialty of the company is "hassle free hard equity loans."

The mission of the company is to build a diverse portfolio of debt and equity instruments that will provide the shareholders with both current income and capital appreciation. The company has a web site http://www.prrm.us.

----------------------------------------

Prime Rate Investors Inc. Has Been Paid Closing Points and Has Received Final Funding Request for Hotel, Forward Split Set for September 1st
Monday August 9, 8:01 am ET

CORAL GABLES, Fla.--(BUSINESS WIRE)--Aug. 9, 2004--Prime Rate Investors, Inc. (Pink Sheets:PRRM - News) announces that the company has received final funding request for closing from Royal Arkansas Hotel and Suites and has paid Prime Rate Investors its fees for funding. Closing is set for August 27. The mortgage loan is a draw on the $2,000,000 credit line and is at 18% interest. Richard Astrom, President of Prime Rate Investors, said, "We are excited to make the loan as we consider it to be a prudent and profitable investment." The hotel consists of 200 units and it attached to the Pine Bluff, Arkansas Convention Center. The hotel and Convention Center are across the street from the City of Pine Bluff City Hall. The convention center is owned and operated by the City of Pine Bluff Arkansas. Bob Purvis, director of the Convention Center, said, "We are excited to have new ownership in the hotel as they are experienced hotel operators, and they are bringing new and fresh ideas to the hotel and Convention Center." Prime Rate typically lends through its subsidiary Tampa Bay Mortgage Solutions, Inc. and lends 70 percent of the value of property at rates of 15 percent per year, plus points. Typically term is 1 to 2 years.
Board of Directors has approved a resolution for the forward split of the common stock of the Company by unanimous written consent of the Board of Directors whereby every holder of 10 shares of common stock shall be entitled to an additional one share of capital stock. The effective date of this forward split shall be September 1, 2004. The shares will be mailed directly to the owners of record by Signature Stock Transfer Inc. approximately one week after the September 1st effective date.

The company owns Tampa Bay Mortgage Services, Inc. in Tampa, Florida, which is a direct lender specializing in short term asset based lending. The company specialty is acquisition financing, construction loans, and lines of credit for builders and investors. The mission of the company is to build a diverse portfolio of debt and equity instruments that will provide the shareholders with both current income and capital appreciation. The specialty of the company is "hassle free hard equity loans." The company has a web site: http://www.prrm.us.

-------------------------------

Prime Rate Investors Inc. Announces Hiring of Mergers & Acquisitions Firm to Seek NE Regional Mortgage Company for Acquisition
Monday August 2, 8:02 am ET

CORAL GABLES, Fla.--(BUSINESS WIRE)--Aug. 2, 2004--Prime Rate Investors, Inc. (Pink Sheets:PRRM - News) announces that the company has retained Windsor Capital of 82 Wall Street, Suite 1107, New York, N.Y. to search for a prominent, regional "hard equity" mortgage company located in the Northeast section of the US. Windsor Capital is a merger and acquisition firm specializing in financial services companies in the Northeast. "The company realizes that the time is perfect for growth and expansion in our market as interest rates are rising, which makes our rates more affordable to our borrowers," said Richard Astrom, President of PRRM. Prime Rate lends through its subsidiary Tampa Bay Mortgage Solutions, Inc. lends 70 percent of the value of property at rates of 15 percent per year, plus points. Typically term is 1 to 2 years.
Board of Directors has approved a resolution for the forward split of the common stock of the Company by unanimous written consent of the Board of Directors whereby every holder of 10 shares of common stock shall be entitled to an additional one share of capital stock. The effective date of this forward split shall be September 1, 2004. The shares will be mailed directly to the owners of record by Signature Stock Transfer Inc. approximately one week after the September 1st effective date.

The company owns Tampa Bay Mortgage Services, Inc. in Tampa, Florida which is a direct lender specializing in short term asset based lending. The company specialty is acquisition financing, construction loans, and lines of credit for builders and investors. The mission of the company is to build a diverse portfolio of debt and equity instruments that will provide the shareholders with both current income and capital appreciation. The specialty of the company is "hassle free hard equity loans". The company has a web site: http://www.prrm.us

-----------------------------------

Prime Rate Investors Inc-Tampa Bay Mortgage Services, Inc. Announces Placement of an Additional $1,000,000 to Revolving Line of Credit
Wednesday July 7, 8:01 am ET

ST. PETERSBURG, Fla.--(BUSINESS WIRE)--July 7, 2004--Tampa Bay Mortgage Services, Inc, a wholly owned subsidiary of Prime Rate Investors, Inc. (Pink Sheets:PRRM - News) announces that it has increased the line of credit and has provided an additional $1,000,000 to the credit facility of National Hospitality Group, Inc. (Pink Sheets:NHGP - News), now consisting of a $2 million two-year revolving line of credit. The facility will be used for ongoing working capital and expansion. "We are very pleased that Prime Rate Investors Inc. has been impressed with our growth plan and seen fit to extend the line of credit," said National Hospitality Group's President and CEO Edward W. Hayter.
The company also announces that it has a new web site address: http://www.prrm.us.

The company is a direct lender specializing in short term asset based lending. The company specialty is acquisition financing, construction loans, and lines of credit for builders. The mission of the company is to build a diverse portfolio of debt and equity instruments that will provide the shareholders with both current income and capital appreciation. The specialty of the company is "hassle free hard equity loans." The company has a web site http://www.prrm.us

-------------------------------------------

http://stockcharts.com/def/servlet/SC.web?c=prrm,uu[m,a]daclyyay[pb50!b20][vc60][iUb14!La12,26,9]&pref=G

------------------
You Must Adapt To Your Opportunities And Weaknesses. You Can Use A Variety Of Approaches And Still Have A Consistant Result. - Sun Tzu, "The Art Of War"

Do Da Due.....But Be Damn Quick About It. - Dardadog, "Da Art Of Daytrading"

DaDog
 

Rick
 

Thanks
Rick

go to RB PRRM thread for contact info Post #2156
 

2 billion O/S and 7+ billion traded over 1 1/2 months, who do the MMs and brokers think they are fooling here!

If you have a margin account your certs are sellable at any time and forward them later and if you don't its just a matter of a bank stamp and an overnight envelope to get them back to market if you choose!

Rick
 

CORAL GABLES, Fla., Sep 7, 2004 (BUSINESS WIRE) -- Prime Rate Investors, Inc. (Pink Sheets:PRRM) announces that it has initiated a Hurricane disaster loan-mortgage program for business owners whose businesses have been interrupted by Hurricane Frances. Hurricane Frances is said to be the largest hurricane to ever hit the State of Florida. Tampa Bay Mortgage Solutions Inc, a wholly owned subsidiary of Prime Rate, is based in Tampa, Florida. After the storm passes the company will look for businesses and companies that need quick, "Hassle free equity loans". Richard Astrom, President of Prime Rate said: "The plan is to give financing to bridge the gap between the disaster and the insurance funding, or to fund the underinsured business." Applications are being processed by fax at 305 666 3994.

Recently the company has: funded the Royal Arkansas Hotel and Suites; retained Windsor Capital, located in New York City, to find a merger candidate in the Northeast U.S.; funded a $200,000 Mortgage in Stowe, Vt.; The company is in discussions to acquire a mortgage company in the Stowe-Burlington, Vt. area.

A forward stock split (owners of 10 shares get 1 share extra) has been approved by the board of directors and was effective September 1, 2004 and the stock issuances are being processed by the transfer agent.

Prime Rate typically lends thru its subsidiary Tampa Bay Mortgage Solutions, Inc. and lends 70 percent of the value of property at rates of 15 percent per year, plus points. Typically term is 1 to 2 years. The company specialty is acquisition financing, construction loans, and lines of credit for builders and investors. The specialty of the company is "hassle free hard equity loans".

The mission of the company is to build a diverse portfolio of debt and equity instruments that will provide the shareholders with both current income and capital appreciation The company has a web site http://www.prrm.us

 

(this was in the days when CMKX was notriously hard to get rid of)
 

Florida Faces New Insurance Reality

As Floridians begin picking up the pieces from another devastating hurricane, many are also discovering the effects of a decade of maneuvering by insurance companies and state officials that has dramatically reduced the obligations of private insurers to pay for the impact of catastrophic storms.
 

Rick
 

did anyone else get filled at 0.0001 ??
 

did anyone else get filled at 0.0001 ??
 

quote:

---

Originally posted by bloodynri:
hey i got filled for 1,200,000 @0.0001

did anyone else get filled at 0.0001 ??

---

Yeah. Just checked in and saw that my buy order got filled around 1:33ET. It was open since last Thursday.
 

Now have to decide weather to sell @.0002 or hold for more...

Go PRRM!
 

quote:

---

Originally posted by bloodynri:
its such a wonderful feeling when you know that the only direction you can go is UP !
(unless something terribly weird happens.

---

Yeah, like a reverse split...

(I haven't heard anything. I'm just saying... )
 

Probablly a fat finger going for .0001

Expensive mistake.
 

EDIT: Whoa..looks like it just happened again..

[This message has been edited by Phoenixx (edited September 09, 2004).]
 

------------------
Papaw
"look'n for the green"
 

quote:

---

Originally posted by bleech1:
if you had an order in to sell @ .001 is there any chance a mistake order to buy at the price would get you filled? Or would the mistake purchace be made from outstanding shares?

---

More than likely a MM would fill the order from their own shares -- JMHO.

But brokerages like Scottrade have a "times 2" buy/sell limit. In other words, if I want to sell at .0010, the price must be at least .0005. It basically protects the trader. If I accidentally entered in a buy order at .0010, Scottrade would say "Entered price too far away from current" -- because the ask is only .0002. Obviously whoever fat-fingered the .0010 trades must be using a brokerage without those protections.

[This message has been edited by Phoenixx (edited September 09, 2004).]
 

Good luck

 

quote:

---

Originally posted by Phoenixx:
More than likely a MM would fill the order from their own shares -- JMHO.

But brokerages like Scottrade have a "times 2" buy/sell limit. In other words, if I want to sell at .0010, the price must be at least .0005. It basically protects the trader. If I accidentally entered in a buy order at .0010, Scottrade would say "Entered price too far away from current" -- because the ask is only .0002. Obviously whoever fat-fingered the .0010 trades must be using a brokerage without those protections.

[This message has been edited by Phoenixx (edited September 09, 2004).]

---

Thanks for the info Phoenix.

Tried since about 12:30 to get my 5M shares out @.0002...no dice. We'll see what happens tomorrow.

After I'm out it's back for more @.0001 if I can get in.

Why is it so easy to buy at .0001 now, as opposed to weeks ago when it was hitting .0003 & .0004 and I tried to get it at .0002 and no dice?

Where are all these shares/trades at .0001 coming from? People dumping? MMs dumping? Company selling to raise cash for the hurricane loans?

Inquiring minds wanna know!
 

The volume here is huge

a 504 dependiture was filed to raise $1m

MM WIEN is the main MM selling these dependiture shares

MM WIEN Has spent time on both the bid and the ask, proving MM WIEN is both buying and selling the shares

The Nevada secretary of states office says A/S is 5 billion shares ( R.A. says 20 billion "Don't quite get this)

The TA assures me and others that the O/S has not exceeded the A/S

The true O/S is less than 5 billion shares

10+ billion shares have traded since 6/9/04

2.2 million in loans have been closed recently and the term income from these 2 year loans is $318k+, plus points paid up front

An acquisition company has been hired to seek a N.E.Hard Money Broker

There are $6+ million in Hard money loans still on the table at this time, pending closing

The Hurricane Francis Loan Program has generated Loan applications that are currently being reviewed

A 10% forward split has been issued as of 9/1

There are discutions with a Vermont Broker for possible
acqisition by PRRM

It is a fact that PRRM and it CEO Richard Astrom are moving forward in an effort to bring value into the company, as shown above.

Another fact is that the PPS was brought down to .0001 just days prior to the 10% F/S and many have sold there 10% shares @.0001

Here one more fact " I have 48 million shares of PRRM and plan on holding all of them, and watching the progress of the company"

Good Luck
Rick
 

Anyone still buying @.0001?

[This message has been edited by bleech1 (edited September 13, 2004).]
 

Anyone still buying @.0001?

I bought a million shares this morning at .0001
[]

This company looks pretty sound. Of course anybody who gives loans usually make money.

Funny how companies who are doing good things have a low pps and companies that ain't doin sh_t has a high pps. weird.

TS
 

Still have an open GTC order to sell 5M @ .0002
 

Rick
 

Rick
 

CORAL GABLES, Fla.--(BUSINESS WIRE)--PRRM--
Prime Rate Investors, Inc. (Pink Sheets:PRRM) announces
the number of shares outstanding as of September 13, 2004.
Free trading shares not restricted 5,218,991,476; Restricted
shares owned by management and shares issued in forward split:
9,400,226,802; Authorized shares 20,000,000,000.
Recently the company has: funded the Royal Arkansas Hotel and
Suites; retained Windsor Capital, located in New York City, to find a
merger candidate in the Northeast U.S.; funded a $200,000 Mortgage in
Stowe, Vt.; the company is in discussions to acquire a mortgage
company in the Stowe-Burlington, Vt area. The company is taking
applications in Florida for companies that have had hurricane related
disasters and need quick mortgage funding.
Prime Rate typically lends thru its subsidiary Tampa Bay Mortgage
Solutions, Inc. and lends 70 percent of the value of property at rates
of 15 percent per year, plus points. Typically term is 1 to 2 years.
The company specialty is acquisition financing, construction loans,
and lines of credit for builders and investors. The specialty of the
company is "hassle free hard equity loans".
The mission of the company is to build a diverse portfolio of debt
and equity instruments that will provide the shareholders with both
current income and capital appreciation. The company has a web site http://www.prrm.us.

This release includes forward-looking statements made pursuant to
the safe harbor provisions of the Private Securities Litigation Reform
Act of 1995 that involve risks and uncertainties including, but not
limited to, the impact of competitive products, the ability to meet
customer demand, the ability to manage growth, acquisitions of
technology, equipment, or human resources, the effect of economic and
business conditions, and the ability to attract and retain skilled
personnel. The Company is not obligated to revise or update any
forward-looking statements in order to reflect events or circumstances
that may arise after the date of this release.

KEYWORD: FLORIDA
INDUSTRY KEYWORD: BANKING BANKING
SOURCE: Prime Rate Investors, Inc.

CONTACT INFORMATION:
Prime Rate Investors, Inc., Coral Gables
Richard Astrom, 786/236-6434 or Fax 305/666-3994 http://www.prrm.us
E-mail: nres74@hotmail.com

------------------
Dog
 

TS
 

Still waiting for that .0002...
 

are we screwed?

 

Someone gave away shares for nothing?
 

quote:

---

Originally posted by bleech1:
Curious as to how there could be a trade @0.00?

Someone gave away shares for nothing?

---

I didn't see it, but that's what it looks like when someone corrects (cancels) a previous order.
 

quote:

---

Originally posted by Tomil:
Check my post on the other PRRM board. Meant to post it here.

---

Can you post it here? Or and even better question, how do I get to and become a member of that board?
 

Bleech- My explanation the other day is not valid. I thought you were referring to a "last sale" of 0.00.

This is totally different.. and not very encouraging, I might add.
 

quote:

---

Originally posted by WinsumLosesum:
Oh, crap. There's those zeros again. Did we just lose money again?

Bleech- My explanation the other day is not valid. I thought you were referring to a "last sale" of 0.00.

This is totally different.. and not very encouraging, I might add.

---

So what actually is happening? Are there trades going through for no value?

Given the real estate market, especially in FL, hard money makes sense. I see it used all the time here in Washington, DC
 

quote:

---

Originally posted by rickpic:
Keep an eye on this in the AM O/S and A/S numbers are to be PRed and something big big is coming as per a conversation I had with the CEO today!

Rick

---

Hey Rick, it might be time to give the CEO another call. Find out what's going.
 

RT numebrs?
 

4 billion in 2 days?

Damm I am happy when ALMI does 1 million shares lol

bingo
 

TS
 

lets c how this play out...

 

Conversation with PRRM CEO -
*Reposted from raging bull, which reposted it from another board. http://ragingbull.lycos.com/mboard/boards.cgi?board=PRRM&read=3014
I found this posted on **************.com chat board. Interesting.
PRRM
I just spent an hour on the phone with Richard Astrom the CEO of PRRM and he retracted his statement of 500 S8 filing, saying that the REGDEX filing was actualy a Form 504 filing. He didnt understand my question yesterday when we spoke and thought I was asking him the estimated O/S.
The REGDEX form 504 paper filing is to authorize the issuance of $1 million dollars in shares, and it was filed on 6/9/04. He didn't know how to find it online so I helped him get to it! The Form 504 authorized to a Market Maker, gives that MM the right to sell $1m in shares on behalf of the company. I was assured by Richard Astrom that there would be no further issuances of shares anytime in the forseeable future! The $1m is to add to ongoing Morgages being sold by PRRM. which are issued to medium to, higher risk client who need a loan now, rather than waiting out the 1-3 month loan application period! Most should be short term loans because PRRM issues these loan with a 65% maximum equity out value and a 12-15% interest rate, and get this! Approximately 20% points ($40k on a $200K loan at closing! Nice)! The next thing I liked was that all of the loans are writen with a 3% penalty for early payoff! Either way PRRM wins 12-15% for term or 3% out and they already have the points paid!
He told me that the 1 to 10 forward split was issued because he understood that the PPS was low as a result of the 504 shares being issued and that it was to make shareholder feel better about there holding. He went on to say that and Im gonna quote him " There will be no reverse spit of PRRM share" I asked him if he could give me a guaranteed time for no R/S and he got a bit defencive, but said "I haven't even concidered it, but at least for the forseeable future. He added "I can't see an R/S happening this year at all"
I had done a Google search for his name prior to my call and it brought back 4 more companies one of which is CSIN OTCBB so I asked him if there was any possibility of CSIN buying and adding PRRM as a Subsidiary and he said " I don't think that would be in the best interest of either company, but I do plan on filing to get PRRM listed to the OTCBB at some point in the near future"
During the conversation and before we discused CSIN he made referance to another company he owns without naming it and it was stuff that has not been PRed yet so I wont post it, but my feeling was that he was refering to CSIN so I'll be keeping a close eye on that one, as well!
There is another company with the symbol NRPI that you will come across if you do DD on Richard Astrom. It is now a shell with an issue. I questioned Mr. Astrom about the company and why it doesn't trade anymore and he said that it was a first company and that the transfer agent had issued more shares then were authorized and that he had contacted the SEC about it and they told him to fix it! He felt that the issue had been cleared up by the TA of that shell and that NRPI could become a tradeable shell if it wasn't already!
He said " If you are buying at this level then he felt that you would be buying at the bottom" I assured him before the conversation was over that I was and would continue to do so till the PPS started to rise higher than I felt safe with!
All in all, I found Richard Astrom, CEO of PRRM, to be very straight forward and to the point. He didn't try to avoid any of my question and he said that I was the only caller he had had in a month. He said there must be many people buying on spec with no infomation to go on and that he didn't understand how people could buy like that, and that he would be happy to discuse PRRM or CSIN or even NRPI with anyone who was smart enough to do there DD the right way!

I have added up the total sales at the bottom PPS on all days since 6/9/04 and my best guess says they have sold very close to all of the 504 shares at this time and I will be looking for a bounce due to demand when the 504 is done!

Prime Rate Investors, Inc., Coral Gables
Richard Astrom, 786/236-6434
Fax: 305/666-3994 http://www.prrm.us
E-mail: nres74@hotmail.com
 

Anyone else liking these .0003 ticks??
L2 anyone?
 

Good luck to all the longs!

I'm thinking of getting back in if it dips back to .0001
 

Gotta love a double. Pity I wasnt able to invest more than $179 at the time.

EDIT: Weird..allstocks almost seems to be censoring the word d a n c e, either that or my asterisk was messing things up.

[This message has been edited by Phoenixx (edited September 21, 2004).]
 

Haven't you seen "Footloose"?

 

Apparently some brokerages dont even let you buy with unsettled funds. Scottrade used to be that way at one point.
 

Dilution, reverse splits are becoming all too common nowadays.

I'd rather take my money today than risk losing it. Of course if you dont care what happens to it, then you have more risk tolerance than I do, for example.

Safe trading to all.
 

quote:

---

Originally posted by Phoenixx:
Well I'm back in this one at .0001. Mostly free shares. Let's see how she rolls.

---

Just placed an order for 5M @ .0001

What size block did you get in Pheonixx?

quote:

---

Originally posted by bleech1:
Just placed an order for 5M @ .0001

What size block did you get in Pheonixx?

---

2 million. Could have bought more, but I didnt want put all my current profit in this stock at potential risk.

I'm still trying to get back in @.0001
 

Scottrade doesnt charge extra commission for partial fills unless your order is filled again the next day..dunno how it is for your brokerage though.
 

quote:

---

Originally posted by Phoenixx:
Bleech, are you doing All or None in your order? That could be holding up your buy...

Scottrade doesnt charge extra commission for partial fills unless your order is filled again the next day..dunno how it is for your brokerage though.

---

Yep my order is all or none. I use Scottrade as well, just worried that I would get a partial fill for a small quantity on 1 day and get hit with the full commision.

Last trade .0002
Last Size 5000000
Last Trade Wed Sep 22 2004 15:12:01

GLTA

quote:

---

Originally posted by Phoenixx:
According to my Scottrader java window, it says the stock hasnt traded in an hour. Course it doesnt seem to be updating correctly either at times today, because I've removed it from the list and readded it and have seen a change. Strange.

---

quote:

---

Originally posted by cool1sh:
According to Ameritrade

Last trade .0002
Last Size 5000000
Last Trade Wed Sep 22 2004 15:12:01

GLTA

---

Thanks. Guess Scottrade is screwing up today.

EDIT: Ah yes, I see the 15:12 sale now.

[This message has been edited by Phoenixx (edited September 22, 2004).]
 

Thanks
 

the negative in front of the volume means the volume is over the max and the counters are unable to keep the correct volume count. Happens with CMKX...infact the volume today looks curiously similiar to CMKX's in the past months...in the billions...

Should we get into NSS theories =)
 

Looks like the bid/ask atm is .0001/.0003...

EDIT: Btw ric, thanks for this thread -- ya made me some cash. Hopefully make some more today or tomorrow!

[This message has been edited by Phoenixx (edited September 23, 2004).]
 

Im riding this w/ ya Phoenixx.

Go PRRM!
 

See all the massive trades going through at .0001? Who owns all that?

1.6 billion shares traded in an hour.

[This message has been edited by Phoenixx (edited September 23, 2004).]
 

EDIT: If you havent downloaded javascript, or it isnt already embedded in your operating system, you'll have to go to http://www.java.com to download and install it. Sun Microsystems owns the rights to it and so it cant be downloaded from Windows Update anymore.

[This message has been edited by Phoenixx (edited September 23, 2004).]
 

Where's my .0002...
 

Just my theory, FWIW.
 

STOWE, Vt., Sep 24, 2004 (BUSINESS WIRE) -- Prime Rate Investors, Inc. (OTC.PK: PRRM) announced that Richard Astrom has purchased certain assets of Tampa Bay Mortgage Services, Inc., a wholly owned subsidiary of PRRM in exchange for all of his common stock in PRRM as well as the common stock of other majority interest shareholders in PRRM.

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PRRM completed a share exchange and purchased a television station, Stowe TV-10 in exchange for 15 billion shares of PRRM paid to the shareholders of Stowe TV-10. Stowe TV-10 is now a wholly owned subsidiary of PRRM.

PRRM then sold its wholly owned subsidiary, Tampa Bay Mortgage Services, Inc. to National Hospitality Group, Inc. which is traded on the Pinksheets under the symbol NHGP. In this transaction, each shareholder of PRRM on record at close of business on September 24, 2004 will receive one (1) share of NHGP for each 100 shares of PRRM owned on September 24, 2004. Damian Guthrie, president of Tampa Bay Mortgage Services, Inc will remain president of Tampa Bay Mortgage Services and is now the president of NHGP.

The present officers and directors of PRRM have resigned and the new President is Daniel Burgess, the Vice President is Ian Lamphere and the Secretary is James Morris. Burgess, Lamphere, and Morris are also new directors of the Company along with Pierce Williams.

About Stowe TV-10. Stowe TV-10 is a cable broadcast channel that carries RSN national and locally produced resort-sports programming to the Vermont towns of Cambridge, Jeffersonville and Stowe - the most unique and historic hub of skiing in the Eastern United States. From its studio in the village of Stowe, Stowe TV-10 reaches hundreds of thousands of people a year in the greater Mount Mansfield and Smuggler's Notch regions. Through the diversity of its content, Stowe TV-10 is the visitor's source for local information, and the only channel for resort sports.

For more information, visit the company's websites www.prrm.us and www.stowetv10.com.

This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.


 

ST. PETERSBURG, Fla., Jun 28, 2004 (BUSINESS WIRE) -- Tampa Bay Mortgage Services, Inc, a wholly owned subsidiary of Prime Rate Investors, Inc. (Pink Sheets: PRRM) announces that it provided a $1,000,000 credit facility to National Hospitality Group, Inc. (Pink Sheets: NHGP), consisting of a $1 million two-year revolving line of credit. The facility will be used for ongoing working capital and expansion. "We liked the flexibility and creativity of Tampa Bay Services Inc. and their experience in our industry made this transaction possible," said National Hospitality Group's President and CEO Edward W. Hayter.
___
ST. PETERSBURG, Fla., Jul 7, 2004 (BUSINESS WIRE) -- Tampa Bay Mortgage Services, Inc, a wholly owned subsidiary of Prime Rate Investors, Inc. (Pink Sheets:PRRM) announces that it has increased the line of credit and has provided an additional $1,000,000 to the credit facility of National Hospitality Group, Inc. (Pink Sheets:NHGP), now consisting of a $2 million two-year revolving line of credit. The facility will be used for ongoing working capital and expansion. "We are very pleased that Prime Rate Investors Inc. has been impressed with our growth plan and seen fit to extend the line of credit," said National Hospitality Group's President and CEO Edward W. Hayter.

 

quote:

---

Originally posted by Bigrod40:

Cant find no info on National Hospitality Group, Inc.
Who the hell are they????
Cant find thier ticker anywhere??
Does anyone know what thier share value is??

---

n/a n/a n/a n/a n/a   n/a
(from Ameritrade)
 

ST. PETERSBURG, Fla., Jul 7, 2004 (BUSINESS WIRE) -- Tampa Bay Mortgage Services, Inc, a wholly owned subsidiary of Prime Rate Investors, Inc. (Pink Sheets:PRRM) announces that it has increased the line of credit and has provided an additional $1,000,000 to the credit facility of National Hospitality Group, Inc. (Pink Sheets:NHGP), now consisting of a $2 million two-year revolving line of credit. The facility will be used for ongoing working capital and expansion. "We are very pleased that Prime Rate Investors Inc. has been impressed with our growth plan and seen fit to extend the line of credit," said National Hospitality Group's President and CEO Edward W. Hayter.

The company also announces that it has a new web site address: http://www.prrm.us.

The company is a direct lender specializing in short term asset based lending. The company specialty is acquisition financing, construction loans, and lines of credit for builders. The mission of the company is to build a diverse portfolio of debt and equity instruments that will provide the shareholders with both current income and capital appreciation. The specialty of the company is "hassle free hard equity loans." The company has a web site http://www.prrm.us

This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

SOURCE: Prime Rate Investors, Inc.

Prime Rate Investors, Inc., Coral Gables, FloridaRichard Astrom, 786/236-6434Fax: 305/666-3994http://www.prrm.usE-mail: nres74@hotmail.com

Customize your Business Wire news & multimedia to match your needs.Get breaking news from companies and organizations worldwide.Logon for FREE today at www.BusinessWire.com.

Copyright (C) 2004 Business Wire. All rights reserved.

2.
National Hospitality Group Inc     (OTHER OTC: NHGP) Last Update: 8:02:00 AM ET Jun 28, 2004  
 
Prime Rate Investors Inc. - Tampa Bay Mortgage Services, Inc. Announces Placement of $1,000,000 Revolving Line of Credit

ST. PETERSBURG, Fla., Jun 28, 2004 (BUSINESS WIRE) -- Tampa Bay Mortgage Services, Inc, a wholly owned subsidiary of Prime Rate Investors, Inc. (Pink Sheets: PRRM) announces that it provided a $1,000,000 credit facility to National Hospitality Group, Inc. (Pink Sheets: NHGP), consisting of a $1 million two-year revolving line of credit. The facility will be used for ongoing working capital and expansion. "We liked the flexibility and creativity of Tampa Bay Services Inc. and their experience in our industry made this transaction possible," said National Hospitality Group's President and CEO Edward W. Hayter.

The company also announces that it has a new web site address: http://www.prrm.us.

The company is a direct lender specializing in short term asset based lending. The company specialty is acquisition financing, construction loans, and lines of credit for builders. The mission of the company is to build a diverse portfolio of debt and equity instruments that will provide the shareholders with both current income and capital appreciation. The specialty of the company is "hassle free hard equity loans". The company has a web site http://www.prrm.us

This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

SOURCE: Prime Rate Investors, Inc.

Prime Rate Investors, Inc.Richard Astrom, 786-236-6434; Fax: 305-666-3994E-mail: rsa@newscreenbroadcasting.comhttp://www.prrm.us

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National Hospitality Group Inc (NHGP.PK) On Dec 31: 0.00 0.00 (0.00%) Reuters
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How much is 10,000 X n/a ?
 

quote:

---

Originally posted by tigertony:
Looks like an empty fricken shell.

---

That's not particularly a bad thing, right? That's how some companies get started.

I wonder if NHGP bought Tampa Bay with the money that Tampa Bay loaned NHGP... now I have a headache.
 

quote:

---

Originally posted by WinsumLosesum:
Cool. Free shares.

How much is 10,000 X n/a ?

---

quote:

---

Originally posted by tigertony:
Glad I don't have 48 million of these.Good Luck

---

I only have 100 bucks at risk (1M shares). I'm going to sit back, and enjoy the show.

 

I wonder if NHGP bought Tampa Bay with the money that Tampa Bay loaned NHGP... now I have a headache.[/QUOTE]

quote:

---

Originally posted by WinsumLosesum:
I only have 100 bucks at risk (1M shares). I'm going to sit back, and enjoy the show.

---

[This message has been edited by tigertony (edited September 24, 2004).]
 

RICKPIC please e-mail me.

Pastor@WGAT.org

Thanks,
Paul
 

Does anyone know any of the dealings of the new management and track records??

Are they proposing a merger into Qbid next?

Now I stayed outta Qbid only to find supporting this and then MLON is voyeurism supportive and we end up buying a TV station in support of gay rights??? If my next stock turns into supporting this lifestyle than that is it!!!! I am changing all my logos for my company and promoting it as a Homosexual friendly product and wait for the money to come to me!!!

I dont buy for a product anyways I just found it ironic and funny to me. No offence as I have been playing the bounces on this and diverting the profits elsewhere which I will find out soon enough if it was a good choice or bad one.
 

Bigrod40
Member posted September 24, 2004 21:17            
------------------------------------------------------------------------
Here is a great read from another board::

What we know: (The way I see it)

PRRM owns a TV station:

PRRM completed a share exchange and purchased a television station, Stowe TV-10 in exchange for 15 billion shares of PRRM paid to the shareholders of Stowe TV-10. Stowe TV-10 is now a wholly owned subsidiary of PRRM

It would seem this is an interesting direction to take travel but let me run with it. Stowe TV was probably looking to expand out and needed a public vehicle to do it. Without laying out for an IPO why not just reverse into an existing public entity. I've seen this before with other companies wanting to go public so I'm not alarmed.

Result: We all have and keep our PRRM shares in what is now a media company. It may not have the market viability that QBID has but you never know what direction the programming might take and with the right touch we could have another QTV scenario (though from a conservative view unlikely) in our pockets. Advantage for current PRRM stockholders is that this company already has revenue and is a national affiliate (RSN) with a subscriber base. PRRM also has new management.

IMO good for a 10 bagger...at least.

The kicker: Tampa Bay Mortgage is reversed into National Hospitality Group, Inc. (NHGP). The word reverse has two meanings here. Tampa Bay Mortgage is reverse merged into a non trading shell. There is a lot of opportunity here guys as the company now has NO DEBT and can operate in a controlled environment. Now we take the existing share structure of PRRM and by 100/1 back it into NHGP the total A/S is about 200 million with 150 million being restricted and 50 million being free tradeable. Take the revenue that can be realized from the loans, etc. and now IMO we really have something.

Example: 2 yr asset based loans totalling 50 million at an 18% return annually(Im not sure about this part returns 18 million in interest at the end of the term that would be considered revenue?) (If someone is familiar with this type of lending I would appreciate any input) Under this scenario we could really see a PPS of .25+ considering that we may open at .01 or higher as NHGP based on revenue alone.

Again I'm not positive about the mortgage side of this but this new share structure would prove EXTREMELY favorable to this business model. Also consider all the damage that has been done to the southeast this summer totalling in the billions and the VERY SLOW turnaround in getting state and federal relief over and above insurance payouts. Many businesses will need bridge capital to keep themselves going. This would be the fastest best solution.

I know JT's agenda has everyone scratching their head and this PR took us all by surprise but now that we understand why the MMs left the bid even with all the buying pressure this really looks positive IMO. Hang in there! GLTA

JG
 

quote:

---

Originally posted by qnique:
I bad with math, so if I have 7 million shares of prrm, How man shares will that give me now of the T.V station?

---

NO shares of Stowe TV. The dividend is for shares of NHGP, because they just bought PRRM's Tampa Bay Mortgage Services.

You'll get "one (1) share of NHGP for each 100 shares of PRRM owned on September 24".

Divide the number of PRRM shares you own by 100. That's how many shares of NHGP you'll get. 1M shares of PRRM gets 10,000 shares of NHGP.

Read the PR... slowly. It's all there. That PR I had to not only read slowly, but I had to read it out loud.
 

I see in the PR about the record of sept 24 which is today but everyone keeps referring to Tuesday. Now I dont know which it is. I will have to wait and see how many new shares I get and then I will know.
 

The Registered Spinoff

The registered spinoff, or registered stock dividend distribution offers yet another method of going public. In a spinoff, a privately company goes public by issuing shares of its common stock to an existing publicly traded company. That stock issuance is subsequently registered with the SEC and the shares are distributed to the shareholders of the public company.
The private company’s stock, distributed to the public shareholder base of the public company results in a divestiture by the public company of its direct ownership or affiliation of the private company via a distribution of the private company’s stock to the public company’s shareholders. The net result is two companies each with a public shareholder base. The spinoff company then secures a market maker and lists independently.

The registered spinoff offers many advantages:

The private company may structure the new public company to meet its particular needs, such as amount and classes of stock, warrants, etc. A merger requires that the private company accept the structure of the existing company or change it by shareholder vote, including outside shareholders
Typically only a small percentage of the private company's shares are distributed as a spinoff. This serves to preserve the corporate ownership of the existing shareholders for future financial transactions
The spinoff prepares the stock market for a secondary public offering later on, which typically occurs at a cost more desirable than an IPO
Principals and shareholders of the private company can include their securities in the registration statement for the stock dividend distribution. This can allow them to then sell their securities in the public market, subject to the volume limitations of Rule 144
If the private company is an overseas company, it may not want to become an American company as it would in a merger into a shell. A stock dividend distribution (registered spinoff) is a solution to that problem. The overseas company can have their securities traded in the United States on a U.S. Stock Exchange without requiring them to become a U.S. company or a U.S. subsidiary.
A domestic company may also prefer a stock dividend distribution to a merger with a shell if it wants "custom features" which it does not find in a shell, e.g., two classes of stock owned by shareholders of the private company and/or warrants.
Requirements prior to entering into a reverse merger or a registered spinoff are the following:

A private company will require approval of the majority of its shareholders for a merger with a public corporation.
Once a company is taken public through a reverse merger or a registered spinoff the financial markets hold the following future prospects in the capital markets for the newly public corporation:
The market value of a public company is often substantially higher than a private company with the same structure in the same industry
Capital is easier to raise for public companies because the stock has market value and can be traded
The public corporation may be used for special purposes.
The public trading price of the public company's securities serves as a benchmark for the offer price of a subsequent public or private securities offering
Acquisitions can be made with stock since publicly traded stock is viewed as currency for mergers and acquisitions
Form S-8 stock can be issued.
It is essential that public companies, especially newly formed public companies, actively maintain and manage a financial communications program.
A newly formed public company would be well-advised to invest in consulting services, to plan and execute a strategy for building and maintaining an interest in your company within the financial community
Consultants are available to assist the public corporation in providing corporate relations services intended to increase awareness of your company on Wall Street.
???????????????????????????
 

quote:

---

Originally posted by Rags2BetahRags:
OK
Now I am really confused!!!!

I see in the PR about the record of sept 24 which is today but everyone keeps referring to Tuesday. Now I dont know which it is. I will have to wait and see how many new shares I get and then I will know.

---

OK, maybe you guys can help me clear this up.

People say tuesday, because of the 3 day "settlement" period... I believe... buy tuesday, settles today, the div date.

My question is this: if you have a margin account, since your shares are kept in the brokerages name and not subject to the settlement wait time, you could of bought today and would recieve these divs?
 

Rick
 

quote:

---

Originally posted by rickpic:
Sorry Administrator, I just didn;t want to give out my E-Mail address here! You should add a PM function here at Allstock!

Rick

---

PRRM is under new managment and I have not touched base with them as yet! There is much DD out there on them already though and I feel good about my holding (I didn't flip one share)there!

As for NHGP this looks really good, because the flow is very low and they own the Royal Arkansa Hotel, and Tampa Bay Mortgage plus all of the loans for Tampa Bay Mortgage. Could be a huge winner when it opens for trading!

Rick

PS you must know where to find me by now!

[This message has been edited by rickpic (edited September 25, 2004).]
 

So maybe now PRRM is in the TV business, and we still own the mortgage business, because we now own NHGP???
 

TS
 

quote:

---

Originally posted by tigertony:
To me it looks like you will keep your prrm shares which will now own stowe t.v.Then you will receive 1 share of NHGP for every 100 of prrm you own.NHGP will now be the owner of tampa bay mortgage.Good LUCK

---

quote:

---

Originally posted by Upside:
Looks to me like you guys got reversed to the tune of 1 for 100. Could be wrong but I don't think so.

---

quote:

---

Originally posted by Upside:
I hope your right guy but it doesn't look good. NHGP hasen't been traded in years from what I can tell and it looks like PRRM is disolving. Again, I don't want to see anyone get that kick in the nutsack but that's how it looks to me.

---

[This message has been edited by Upside (edited October 01, 2004).]
 

quote:

---

Originally posted by Upside:
You're right will. I don't even own this one so I guess I'll just shut up and hope you guys come out allright. Good luck coc*!

---

With this most recent hurricane having hit harder than expected and the center now over Tampa and hitting them with up to 100 mph winds and rain, I would guess that the fax machine at Tampa Bay Mortgage will be reeling out loan applications for many weeks to come from the already in place hurricane loan program set up during the last hurricane! The reason being that Tampa Bay is running a fast money mortgage program that can get the money there fast if there are insurance delays! This should make NHGPs first month of trading even most interesting as these loans are PRed.
I still can't find any PR that says that NHGP signed a difinitive letter with the Royal Hotel, and I still believe that if there hasn't been one that there has to be one coming. The front page of there web site still say under construction with the rest of the site working! They pulled down that front page with the anouncement of the Difinitive aggrement for some reason. If in fact this is a new acquisition then, its a big one worth several million dollars and even if there is a filing of the aquisition somewhere, its still a great asset backing up our new shares of an about to start trading company. I personaly feel pretty good about owning 480k shares of NHGP at the moment, but will be trying to get info on the REGDEX filing ASAP as that will have a stronge baring on where the PPS is going shortly after the trading starts! There really isn't any risk to those who are getting these basicly free shares other than if it goes up, to hold or sell. Given what seems to be a relatively stronge asset base and a growing mortgage company, I think I may take a ride with at least some of the shares Im being given!
The only O/S shares that should be floating at the start of trading here are the ones from the dividend and that total should be a maximum of 150mm and really should be much less due to the timing of this move happening withing three days of 1/2 or so of the holders who would have been eligable for this dividend flipping and losing the dividend as a result. That would put us around 75mm O/S in the float on open. I figure the assets of TBMC and the RA hotel should be $10m or better and that would mean we will not be opening in the basement of .0001 but probably much higher, maybe even .01 or higher.
Much of this is speculation, but NHGP could be a good dividend!

Good Luck
 

we might open 0.0003 ..who knows

Guys, I will admit that I'm new to stock, but not new to the real estate market. I'm with a pretty well known real estate firm in Washington, DC and this "hard money lending" makes sense to me all day long. Washington's real estate market is booming and they say it is only surpassed by Florida. Everything adds up from a business/real estate point of view.

Now the stock point of view is obviously another thing. My first impression of the PR was a smile. Hopefully my first impression was right. We will see today! Good luck to all.
 

If today we read a PR that Tampa Bay just closed on a gazillion dollars of mortgages, it would not benefit PRRM in any way, shape or form... right? PRRM no longer owns Tampa Bay. NHGP does.

I'm so confused...
 

Also - Tampa hasn't been hit with damage at ALL - and MOST people and businesses ARE insured for BOTH Wind Storm (hurrricane) AND Flood.

And HERE's the KICKER..... If you were stupid or poor enough NOT to have insurance, FEMA will pay to repair your home! INCREDIBLE!

After Frances - they (State of FL but paid for by Feds)gave ALL welfare recipients their monthly allotment of Food Stamps AGAIN. They DOUBLED the amt. for the month.

Say what you want - but I hope our US Gov't. helps those poor people in Haiti who are living on their roofs (the ones that lived) and eating muddy rice. Then again - maybe they'll just give some more money to Iraq.....................

Our Tax Dollars at Work!

I wouldn't count on us helping Haiti, I'm sorry to say.
 

The way things are in pennyland now - I don't have a clue. Stocks I REALLY like and made money on last fall and others I've been watching ALL going out of business or have crashed badly to the tune of DOWN 90% or more from where they were 6-10 months ago.

If you can buy this at .0001 and are patient - most stocks at that lowest pps will usually go up to .0002 and .0003 or more eventually. The BIG RISK is if they do a RS. And don't EVER believe a CEO who says "We will NOT do a RS". Some even say 'over their dead body' and still do it - while they're alive!

So if you only throw in $500 or $1000 or NO MORE than you can afford to lose - and lose it ALL - you'll be fine. You'll either lose your limit - or make some GREAT money!

I can't believe it when I read about some of the absolute FOOLS here who claim they've lost $50,000 on QBID or $60,000 on CDVJ - both PINKS !

If I had $1,000,000 in my account - I wouldn't put 5-10% into ONE SINGLE NYSE or NASDAQ stock. Not even EBay or Taser - 2 of the BEST. I'd have it in 20-30 and spread my risk. I can't feel bad for fools who are greedy and believe "This stock HAS to go way up"!

Good Luck.

[This message has been edited by Love the Market (edited September 27, 2004).]
 

STOWE, Vt., Sep 28, 2004 (BUSINESS WIRE) -- Prime Rate Investors, Inc. (OTC.PK: PRRM) announced today the company has signed a letter of intent to acquire High Angle Media, Inc, the Stowe, Vermont based video production and management company. PRRM also owns Stowe TV-10 a cable broadcast channel and affiliate of RSN, a national outdoor and resort sports network. High Angle Media, Inc. produces television programming for national distribution including content airing on Fox Sports, RSN, and New England Sports Network (NESN) among others. The transaction remains subject to the signing of definitive agreements and customary closing conditions. PRRM officials are enthusiastic about the acquisition.

"The acquisition of High Angle Media will be a benchmark in our ability to pursue our vision of growth through commercial video, television and film production," commented PRRM President and CEO Dan Burgess.

Additionally, PRRM officials released the company's plan for growth on its website located at http://www.stowetv10.com/company.php.

Prime Rate Investors (OTC.PK: PRRM) is a multi-media holding company with interests in outdoor sports, e-tail, retail, print, web, television and film. The company's strategic relationships with multi-faceted, outdoor sports entities allow it to offer diverse advertising solutions to businesses seeking multi-media exposure.

About Stowe TV-10: Stowe TV-10 is a cable broadcast channel that carries RSN national and locally produced resort-sports programming to the Stowe, Mount Mansfield and Smuggler's Notch regions of Vermont - the most unique and historic hub of skiing in the Eastern United States. From its studio in the village of Stowe, Stowe TV-10 reaches nearly a million people a year.

For more information, visit the company's website www.stowetv10.com or visit High Angle Media at www.highanglemedia.com.

This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

SOURCE: Prime Rate Investors, Inc.

Prime Rate Investors, Inc.
Dan Burgess, 802-253-0199
info@stowetv10.com http://www.prrm.us

Customize your Business Wire news & multimedia to match your needs.
Get breaking news from companies and organizations worldwide.
Logon for FREE today at www.BusinessWire.com.

Copyright (C) 2004 Business Wire. All rig

 

STOWE, Vt., Sep 28, 2004 (BUSINESS WIRE) -- Prime Rate Investors, Inc. (OTC.PK: PRRM) announced today the company has signed a letter of intent to acquire High Angle Media, Inc, the Stowe, Vermont based video production and management company. PRRM also owns Stowe TV-10 a cable broadcast channel and affiliate of RSN, a national outdoor and resort sports network. High Angle Media, Inc. produces television programming for national distribution including content airing on Fox Sports, RSN, and New England Sports Network (NESN) among others. The transaction remains subject to the signing of definitive agreements and customary closing conditions. PRRM officials are enthusiastic about the acquisition.

"The acquisition of High Angle Media will be a benchmark in our ability to pursue our vision of growth through commercial video, television and film production," commented PRRM President and CEO Dan Burgess.

Additionally, PRRM officials released the company's plan for growth on its website located at http://www.stowetv10.com/company.php.

Prime Rate Investors (OTC.PK: PRRM) is a multi-media holding company with interests in outdoor sports, e-tail, retail, print, web, television and film. The company's strategic relationships with multi-faceted, outdoor sports entities allow it to offer diverse advertising solutions to businesses seeking multi-media exposure.

About Stowe TV-10: Stowe TV-10 is a cable broadcast channel that carries RSN national and locally produced resort-sports programming to the Stowe, Mount Mansfield and Smuggler's Notch regions of Vermont - the most unique and historic hub of skiing in the Eastern United States. From its studio in the village of Stowe, Stowe TV-10 reaches nearly a million people a year.

For more information, visit the company's website www.stowetv10.com or visit High Angle Media at www.highanglemedia.com.

This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

SOURCE: Prime Rate Investors, Inc.

quote:

---

Originally posted by valves:

Prime Rate Investors (OTC.PK: PRRM) is a multi-media holding company with interests in outdoor sports, e-tail, retail, print, web, television and film. The company's strategic relationships with multi-faceted, outdoor sports entities allow it to offer diverse advertising solutions to businesses seeking multi-media exposure.

---

So it's official, then? PRRM is no longer in the mortgage business? They are now in the multi-media business?

And we still own the mortgage business, by owning NHGP, although it's 1/100th of the amount we had before?

t's a strange world we live in...
 

where's the .0002?
 

STOWE, Vt., Sep 28, 2004 (BUSINESS WIRE) -- Prime Rate Investors Inc (PRRM) announced the effective date of the spin-off of shares in National Hospitality Group, Inc. (OTC.Pk: NHGP) to the shareholders of Prime Rate Investors Inc is October 15, 2004. The shareholders of Prime Rate Investors, Inc. will receive one (1) share of National Hospitality Group Inc. for each hundred (100) shares owned as of October 15, 2004. The share holders of Prime Rate Investors, Inc. will retain their Prime Rate Investors Inc shares in addition to National Hospitality Group Inc shares issued.


Earlier today, PRRM officials released the company's plan for growth detailing its intended expansion into horizontally related entities in the outdoor sports and media industries. "Through new acquisitions and by forging strategic relationships with these entities, the company's network of e-tail, retail, print and visual media will facilitate all the advantages of horizontal marketing: strategic cross-marketing, incentive advertising, multi-level promotion with secondary moneys, etc., while ultimately amplifying the name recognition of each entity through multimedia exposure," the company's plan states. The full text can be found at http://www.stowetv10.com/company.php.

About Prime Rate Investors (OTC.PK: PRRM): PRRM is a multi-media holding company with interests in outdoor sports, e-tail, retail, print, web, television and film. The company's strategic relationships with multi-faceted, outdoor sports entities allow it to offer diverse advertising solutions to businesses seeking multi-media exposure.

For more information, visit the company's website www.stowetv10.com.

This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

SOURCE: Prime Rate Investors

Prime Rate Investors
Dan Burgess, 802-253-0199
info@stowetv10.com

Customize your Business Wire news & multimedia to match your needs.
Get breaking news from companies and organizations worldwide.
Logon for FREE today at www.BusinessWire.com.

Copyright (C) 2004 Business Wire. All rights reserved.

I guess we dont have to worry about the last PR now do we??? This split is when the cutoff date is right not the 24th like before in last pr?? Or am I wrong? This is way too confusing. They should have a sign posted " You are Here" for guys like me.
 

quote:

---

Originally posted by stockfreak:
after all the prs and stuff going on with this thing when does anyone think it will start to move or will it.

---

quote:

---

Originally posted by rivercity:
hey folks, don't get over here to often. i have 2mil at .0001. just read the latest pr.read the last line of the 1st paragraph. says we retain our shares of prrm in addition to divie company....... or did i misunderstand that last line...... what do you read? ........ rivercity

---

I am surprised that this hasn't really moved from the volume though!
 

quote:

---

Originally posted by legal1082:
Hey Ric, are you buying more or holding what you got?

---

I'm concidering another 100 million share buy! I see it as a solid mid term buy!

Rick

Ricky
 

quote:

---

Originally posted by stockfreak:
hi everyone i have a question i have had a sell order in for 900,000 shares at .0002 for 2 days and hasnt gone threw yet has anyone sold latly for .0002 and if yes how many shares? maybe i am trying to many shares at one time.
please respond

---

Been trying to sell 5M @.0002 for days now. Will post when it goes through. 900,000 should be a bit easier. Good Luck to you.

Rumour..........
I heard that we will be seeing Frank from the Q sking down a hill on Stowe TV butt naked with a QBID tatoo on his A$$, JUST THINK OF THE RATINGS.....

What a F**CKEN A**HOLE
 

I got banned too for nothing. I didnt even get rude!! I only asked a few too many dumb questions I guess. Oh well Thats the way the life is sometimes I guess. I wish they would have had the common courtesy to at least acknowledge an email and say WHY or what infringement I did? Just to ban someone and not let them know they did soemthing wrong is just not right. Who said life is fair?

I am here and thats ok not to be welcome elsewhere. I can deal with it.
 

quote:

---

Originally posted by rick15001:
rickpic... can you help me understand a little more on prrm/nhgp.
Is this right... if I own 21M sh of prrm, I will continue to have 21M of prrm after 10-15. Then after Oct 15 I'll also have 210000 of nhgp?
Doing the math of nhgp of 210000 at .25, that's alot of money given to me.
Sounds great, but maybe you can enlighten me on what's really going to happen, where I'll be after the 15th.

Ricky

---

I'm not ric, but umm.. i don't think he would know the answer to that.. he can speculate, but even that doesn't hold water.. anyway, personally, i'm not counting on that div being worth 0.25 by that time, if it is, a lot of ppl are going to be rich.. most of the time, that won't happen.. sure, ppl will profit, but usually not us, especially if u believe in this company too much, meaning, holding it for too long. I don't know your position, but when u deal with subpennies, you should keep in mind that u're in for a quick profit.. get in and get out before it crashes, and most likely, it will.. eventually, not all of course, but how many of those do we see? There's money to be made in most stocks, you just have to be on your toes and not get the shorter end of the stick, even scam companies.. those are probably preferred by most of the experienced players, b/c it's quick profit, and most of them can see it coming. I wish i had that vision. But for now, PRRM is as low as it gets.. since there's mention of an unlikely R/S, shouldn't worry too much. but from .0001 to .0002 is still very good if you're able to sell, that's 100% profit, more than what you can ask for in most companies, even the big and legit ones.
 

1 Million shares of PRRM $100

100 Dividend shares of NHGP
at .25 (according to Ric, the
pumper,at HSM) $2500

Wow, what a deal.......

I ask Ric the question, Do you think the shares of PRRM will be selling at least by .24 on the 15th of Oct.?

I find this impossible and personally think you are pumping PRRM and NHGP the way you did VRMD right upto the day they announced thier R/S.

I know that you are a member on this site Ric and would like a response as to how you figure a share price of .25 for NHGP.

Thanks Rod

1 Million shares of PRRM $100

100 Dividend shares of NHGP
at .25 (according to Ric, the
pumper,at HSM) $2500

Wow, what a deal.......

I ask Ric the question, Do you think the shares of PRRM will be selling at least by .24 on the 15th of Oct.?

I find this impossible and personally think you are pumping PRRM and NHGP the way you did VRMD right upto the day they announced thier R/S.

I know that you are a member on this site Ric and would like a response as to how you figure a share price of .25 for NHGP.

Thanks Rod
 

quote:

---

Originally posted by Bigrod40:
Lets do some quick math::

1 Million shares of PRRM $100

100 Dividend shares of NHGP
at .25 (according to Ric, the
pumper,at HSM) $2500

Wow, what a deal.......

I ask Ric the question, Do you think the shares of PRRM will be selling at least by .24 on the 15th of Oct.?

I find this impossible and personally think you are pumping PRRM and NHGP the way you did VRMD right upto the day they announced thier R/S.

I know that you are a member on this site Ric and would like a response as to how you figure a share price of .25 for NHGP.

Thanks Rod

---

Rod, why do you even bother confronting Ric, it's not like he can predict the future. And anyone in their right mind would know that the prices are not guaranteed, especially for these stocks. I share your sentiment about his "optimism" on certain stocks, but he does have some good picks that we all can take advantage of, and with caution of course. We all said what we wanted to say, and i think your point has been made long ago. It would be nice to see productive inputs on these boards. Man, I just hate those posts that are irrelevant.
So here is some relevant questions:
20bil shares authorized, and O/S is around 20bil also. I fear these times, b/c of R/S. Since once a company has exhausted its A/S shares, it needs to make a move, b/c they don't stay like that, it's not profitable, especially for subpennies. So what are the options now? is it just R/S, or file for more A/S? Has anyone seen similar situations with companies that just not R/S in this circumstance and file for more A/S? Any info related would be appreciated
Thanx
 

quote:

---

Originally posted by legal1082:
Hey lostone, what will that mean to us come Oct 6th? The alledged dividend date.

---

October 6th?? I thought they changed it to October 15th. Well, i honestly don't know what will happen then. I hope for two things. One being the dividend is worth something worthwhile and that it is NOT restricted. Two, PRRM gets hyped up enough that people will buy in and raising the price right before the dividend date, at which time i think a lot of people will dump also, including me if it happens.
 

I would interpret that as having the shares up to the 15th, the whole day. So on the 16th and beyond u can sell and would still qualify. Correct me if i'm wrong, anyone.
 

NHGP -- National Hospitality Group, Inc.
Com

Address:
111 - 2nd Avenue N.E.
Suite 910
St. Petersburg, FL 33701
USA

Website: http://www.nhgp.net
Phone: 786-246-1077

Business Description: Not Available

State of Incorporation: Not Available

Officers: Not Available

Outstanding Shares: Not Available

Estimated Market Cap: Not Available

Current Capital Change: Not Available

Dividends: Not Available

Transfer Agent:
Signature Stock Transfer, Inc., Plano, TX 75093

[This message has been edited by tigertony (edited October 05, 2004).]
 

quote:

---

Originally posted by legal1082:
I believe it was trading at .0002 earlier today.

---

It seems to go to .0002 everyday but I cannot sell out my 5M shares at that price.

Can someone explain?
 

quote:

---

Originally posted by bleech1:
It seems to go to .0002 everyday but I cannot sell out my 5M shares at that price.

---

You can't sell b/c no one is willing to buy.. or someone was willing to buy but ur sell is not fast enough compared to whoever is out there.. the "last" price does not equal to the "bid" or "ask" price
 

quote:

---

Originally posted by legal1082:
So in other words, this is worthless to us!

---

quote:

---

Originally posted by legal1082:
Hey tigertony, what do you think of all this?

---

LAKE PLACID, N.Y., Oct 6, 2004 (BUSINESS WIRE) -- Prime Rate Investors Inc. (PRRM), the Stowe, VT based multi-media holding company announced it has signed a letter of intent to acquire Adirondack TV-33, a cable broadcast station and RSN affiliate in Lake Placid, NY, serving the Tri-Lakes region of NY's Adirondack Park. Its programming consists of RSN's national resort sports oriented programming as well as ADK TV-33's locally produced content including upstate New York's only live morning show, "Adirondack Today." Lake Placid was home to the 1932 and 1980 Olympics, and remains a popular destination year round for athletes and spectators of perhaps the widest variety of sports found anywhere in North America. The transaction remains subject to the signing of definitive agreements and customary closing conditions. PRRM officials also recently signed a letter of intent to acquire High Angle Media, Inc, the Stowe, Vermont based video production company. High Angle Media, Inc. produces television programming for national distribution including content airing on Fox Sports, RSN, and New England Sports Network (NESN) among others.

"The acquisition of ADK TV-33 will further enable us to offer multi-market exposure in yet another key outdoor destination location. It is in line with our vision of growth as we expand as a multi-media entity," stated PRRM President and CEO Dan Burgess.

About Prime Rate Investors (OTC.PK: PRRM): PRRM is an expanding multi-media holding company with interests in outdoor sports, e-tail, retail, print, web, television and film. The company's strategic relationships with multi-faceted, outdoor sports entities allow it to offer diverse multi-media advertising exposure.

PRRM owns and operates Stowe TV-10, an RSN cable broadcast affiliate in Stowe, VT.

For more information, visit www.stowetv10.com.

This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

SOURCE: Prime Rate Investors

Prime Rate Investors
Dan Burgess, 802-253-0199
Fax, 888-607-9495
info@stowetv10.com

Copyright (C) 2004 Business Wire. All rights reserved.

 

STOWE, Vt., Oct 7, 2004 (BUSINESS WIRE) -- Synesi, Inc. (OTC.PK: SYNS) officials have announced the company representation by four investor relations firms: Market-Pulse.com, Premier Funding and Financial Marketing Services, SmallCapVoice.com, and Uptick.com. Company management selected the firms after comprehensive research. "As a burgeoning company in an increasingly brand-driven industry, we are excited and convinced that these firms will effectively increase Synesi's overall exposure as well as investor awareness," stated Synesi President Ian Lamphere. Additionally, Stuart T. Smith of Small Cap Voice will aid the company in coordinating shareholder communications. Synesi, Inc.'s profile can be found on the firms' respective websites, at:

http://www.market-pulse.com/synsprofile.htm
http://www.smallcapvoice.com/syns/index.html .
http://www.uptick.com/profiles/main_1.php?pgid=142&parentid=1

For more information on Synesi, Inc, visit the company's website, www.synsinc.com.

About Synesi, Inc.: (OTC.PK: SYNS). SYNESI, Inc. is a coffee holding company based in Stowe, Vermont. Synesi intends to grow aggressively throughout the next three years, through acquisitions, mergers and new establishments within divisions including coffee roasting, green coffee brokerage, and wholesale and retail outlets while actively building its existing brands.

About the Industry: The beverage market represents more than $200 billion in the U.S. and $700 billion internationally. Sales of premium coffee and espresso-based beverages show the greatest increase! Coffee is the world's fifth most traded commodity and the demand for premium coffee beverages continues to rise. According to the National Coffee Association of the U.S.A.'s 2004 National Coffee Drinking Trends report, the percent of coffee drinkers that drink gourmet coffees increased 16% last year!

Forward Looking Statements:

This information includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

SOURCE: Synesi, Inc.

Synesi, Inc.
Investor Relations:
Stuart T. Smith, 760-643-1946
ssmith@smallcapvoice.com
or
Company Contact:
Ian Lamphere, 401-369-1608
Pres. & CEO
ilamphere@synsinc.com

Copyright (C) 2004 Business Wire. All rights reserved.

STOWE, Vt., Oct 7, 2004 (BUSINESS WIRE) -- Prime Rate Investors, Inc. (OTC.PK: PRRM) announced its wholly owned subsidiary, Stowe TV-10 in association with High Angle Media, Inc., has produced television content for national broadcast on RSN and Fox Sports. Stowe TV-10 Production Manager Zac Cook produced a nightlife segment to air in December to 55 million viewers on "RSN Lounge." Cinematographer Pierce Williams was an assistant producer for an upcoming reality sports show "King of the Beach" on Fox Sports that follows the progression of the King of the Beach tournament series that is held throughout the west coast and Hawaii.

Prime Rate Investors (OTC.PK: PRRM) is a multi-media holding company with interests in outdoor sports, e-tail, retail, print, web, television and film. The company's strategic relationships with multi-faceted, outdoor sports entities allow it to offer diverse advertising solutions to businesses seeking multi-media exposure.

About Stowe TV-10: Stowe TV-10 is a cable broadcast channel that carries RSN national and locally produced resort-sports programming to the Stowe, Mount Mansfield and Smuggler's Notch regions of Vermont - the most unique and historic hub of skiing in the Eastern United States. From its studio in the village of Stowe, Stowe TV-10 reaches nearly a million people a year.

For more information, visit the company's website www.stowetv10.com.

Company contact: Dan Burgess: Telephone: 802-253-0199 FAX: 888-607-9495 http://www.prrm.us E-mail: info@stowetv10.com

 

Posted by: bobky
In reply to: None Date:10/7/2004 1:23:54 PM
Post #of 2291

e-mail to me just now from the company- Bob: we will be increasing the A/S to facilitate mergers and acquisitions, but as you know this will be done with restricted stock and we will update the pink sheets accordingly. We have no plans to do a reverse split. We understand that this is a repeated concern, and we want to reassure you that a R/S is not in our plan.

If this is true, then it's good news
 

6 trading days till NHGP divy
 

Do the majority feel this is a longer hold or hold long enough to get the divy?
 

Wondering if it will automatically post to my
Ameritrade account?

Also wondering if anyone knows if it will be
tradable the same day it is issued.

Any help greatly appreciated.
 

quote:

---

Originally posted by tyedye:
Has one heard more about the NHGP dividend yet?
Last I read it is scheduled for tomorrow: Oct. 15.

Wondering if it will automatically post to my
Ameritrade account?

Also wondering if anyone knows if it will be
tradable the same day it is issued.

Any help greatly appreciated.

---

Here's part of the PR that list the date, but it didn't say wether the shares were restricted or not.

STOWE, Vt., Sep 28, 2004 (BUSINESS WIRE) -- Prime Rate Investors Inc (PRRM) announced the effective date of the spin-off of shares in National Hospitality Group, Inc. (OTC.Pk: NHGP) to the shareholders of Prime Rate Investors Inc is October 15, 2004. The shareholders of Prime Rate Investors, Inc. will receive one (1) share of National Hospitality Group Inc. for each hundred (100) shares owned as of October 15, 2004. The share holders of Prime Rate Investors, Inc. will retain their Prime Rate Investors Inc shares in addition to National Hospitality Group Inc shares issued.

STOWE, Vt., Oct 14, 2004 (BUSINESS WIRE) -- Prime Rate Investors, Inc. (OTC.PK: PRRM) announced the national syndication of the first two episodes of the original series, Backcountry TV. "Chamonix: the Cradle of Alpinism" and "Altai: Siberia's Hidden Peaks" have been selected as part of New Visions Syndications' 2004/05 Mountain Top Ski and Snowboard Series airing to 196 million total viewers nationwide throughout the winter season on major broadcast network affiliates including, among others, ABC, CBS, Fox Sports, and NBC. Additionally, both episodes of Backcountry TV are currently airing on all US Airways flights to Europe. The series of half hour cultural and historical presenter-led documentaries chronicle stories of outdoor adventures around the globe. Produced by Stowe TV-10 in association with High Angle Media, Inc., the series is written and directed by Ian Lamphere and Adam DesLauriers, and hosted by Sam Von Trapp. A schedule of airings will be available at the website www.stowetv10.com.

Prime Rate Investors (OTC.PK: PRRM) is a multi-media holding company with interests in outdoor sports, e-tail, retail, print, web, television and film. The company's strategic relationships with multi-faceted, outdoor sports entities allow it to offer diverse advertising solutions to businesses seeking multi-media exposure.

About Stowe TV-10: Stowe TV-10 is a cable broadcast channel that carries RSN national and locally produced resort-sports programming to the Stowe, Mount Mansfield and Smuggler's Notch regions of Vermont - the most unique and historic hub of skiing in the Eastern United States. From its studio in the village of Stowe, Stowe TV-10 reaches nearly a million people a year.

For more information, visit the company's website www.stowetv10.com.
 

quote:

---

Originally posted by tyedye:
Has one heard more about the NHGP dividend yet?
Last I read it is scheduled for tomorrow: Oct. 15.

Wondering if it will automatically post to my
Ameritrade account?

Also wondering if anyone knows if it will be
tradable the same day it is issued.

Any help greatly appreciated.

---

Has anyone out there received their NHGP
dividend yet?

Today is supposed to be the day.

 

This company is alledgedly suppose to put out of dividend of NHGP stock today. I was wondering if there was any word from the company to you guys on this matter? Also, if so, are they restricted? Lastly, do I have to hold my position in PRRM till the end of the day to receive the dividend?
 

Ameritrade has not received any official information regarding a spin off for NHGP from PRRM. Below is contact information to PRRM.

604-420-0095

If you have any questions and wish to contact us via e-mail, please log into your account and send your inquiry using the "E-mail Us" link which can be found in the navigation bar at the left side of any page within your account. Select the Reorganization & Dividend Inquiry Form.

Joy Busse
Apex Reorganization and Safekeeping, Ameritrade
Division of Ameritrade, Inc.

Original Message Excluded:
-------------------------

 

Here it is Sunday night and still
no dividend shares of NHGP yet, or
even a PR about the dividend.

Wondering if anyone knows what is
happening with this?

Also, this delay of a dividend makes me
wonder if they will extend the date, and
put it off even more to sell more shares
to fund their new acquisitions.

Any info would be greatly appreciated.

Peace!
 

Thank you for contacting us today regarding spin-off's to shareholders of PRRM and CMKX.

Preliminary information indicates a spin-off of shares National Hospitality Group will be made to shareholders of Prime Rate Investors at a rate of 1:100. This information indicates a record date of 10/15/04, but no payable date is available.

If you have further concerns or inquiries, please reply to this message.

Sincerely,

Jason Becker
Apex Reorganization and Safekeeping, Ameritrade
Division of Ameritrade, Inc.
 

STOWE, Vt., Oct 19, 2004 (BUSINESS WIRE) -- Prime Rate Investors, Inc. (OTC.PK: PRRM) announced today the company has closed its acquisition of High Angle Media, Inc, the Stowe, Vermont based video production and management company. High Angle Media, Inc. produces television programming for national distribution including content airing on Fox Sports, RSN, and New England Sports Network (NESN) among others. High Angle Media, Inc. also produces a wide range of video projects including advertisements for national placement (including the accompanying video file). PRRM also owns Stowe TV-10, a cable broadcast channel and affiliate of RSN, a national outdoor and resort sports network. "The acquisition of High Angle Media will not only be accretive to Prime Rate Investors' earnings; it also presents the company with tremendous new opportunities in addition to assets and human resources necessary to our vision of growth in the media of commercial video, television and film production," asserted PRRM President and CEO Dan Burgess.

Prime Rate Investors (OTC.PK: PRRM) is a multi-media holding company with interests in outdoor sports, e-tail, retail, print, web, television and film. The company's strategic relationships with multi-faceted, outdoor sports entities allow it to offer diverse advertising solutions to businesses seeking multi-media exposure.

About Stowe TV-10: Stowe TV-10 is a cable broadcast channel that carries RSN national and locally produced resort-sports programming to the Stowe, Mount Mansfield and Smuggler's Notch regions of Vermont - the most unique and historic hub of skiing in the Eastern United States. From its studio in the village of Stowe, Stowe TV-10 reaches nearly a million people a year.

For more information, visit the company's website www.stowetv10.com, visit www.highanglemedia.com, and view the attached video file.

This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

MULTIMEDIA AVAILABLE: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=4744822

SOURCE: Prime Rate Investors, Inc.

Prime Rate Investors, Inc.
Dan Burgess, 802-253-0199 http://www.prrm.us
info@stowetv10.com

Here are the advertising and production prices for Stowe TV10 and they are almost exactly the same for Adir TV33! Sugarbush TV 12 is also listed at the link I will provide here!

http://www.highanglemedia.com/media_kits.php

[color=Navy][size=3]:30 second spot advertising[/size][/color]

AM prime Targeted (6:00 a.m. - 10 a.m.) $15 per shot
Stowe Today (7:30 a.m. - 9:30 a.m. ) $15 per spot

[color=Navy][size=3]Stowe Today Sponsorships[/size][/color]

Headline Sponcership $5,000 per season
Wheather Report Sponcership $3,00 per season
(four times per hour, seven seconds each)
Trail and Lift Reports $7,000 per season (updated as needed)

[color=Navy][size=3]Featurered Programing (changes seasonally)[/size][/color]

Dine Around (12 month contract) $3,000 two airings per day (2 min. block)
Dine Around (6 month contract) $1,600 two airings per day (2 min. block)

Stowe Home Show (12 month contract) $3,000 two airings per day (2 min. block)
Stowe Home Show(6 month contract) $1,600 two airings per day (2 min. block)

Stowe Visitor's Guide(12 month contract) $3,000 two airings per day (2 min. block)
Stowe Visitor's Guide(6 month contract) $1,600 two airings per day (2 min. block)

[color=Navy][size=3]Production Services[/size][/color]

Editing $100. per hour
Digital Camera and Operator $500. per day
BetaCam and Operator $800. per day
16mm Film Camera and Operator $500. per day (does not include associated film costs)
30 second spot $750.

The Stowe TV-10 team can customize various sponcership opportunities to best meet your marketing needs Additionally, we can custom-tailor production services to your specifications. A thirty second video spot starts at $750 including all shoots and editing. Please call for information and a quote regarding all other promotional videos and production services.

-----------------------------------------------------------------------

Its not broken down into how many adds run per hour across the board, BUT THE PRICES LISTED SHOULD GIVE YOU AN IDEA AS TO WHAT KIND OF REVENUE IS BEING GENERATED ANNUALY! I hope this helps those who wish to know how much is being made by PRRM and its affiliate stations!

Ricks_Picks
My Word
Rickpic
Rickpic0
 

STOWE, Vt.--(BUSINESS WIRE)--Oct. 22, 2004--
Prime Rate Investors, Inc. (OTC.PK: PRRM) subsidiary,
Stowe TV-10 announced the second annual Stowe Mountain Film Festival
in conjunction with the Vermont Ski Museum. The series of gravity
sports and mountain films runs from November 26 through December 29.
Films by Warren Miller, Teton Gravity Research, and High Angle Media
highlight a large list of productions showcasing kayaking, mountain
biking, mountaineering, skiing, snowboarding, base jumping and the
most celebrated personalities and stories that have shaped mountain
culture. Some events offer celebrity appearances and cultural
exchange. Cinematographer Adam DesLauriers and world extreme skier
John Egan will present an interactive forum at the Ski Museum. A
delegation of women from Afghanistan will describe their lives in the
mountains of their country. A portion of the proceeds will benefit the
Vermont Ski Museum in Stowe. "We are again thrilled to be finalizing
this year's schedule of events," noted PRRM Vice President Ian
Lamphere. "We are even more excited about the greater depth of content
and cultural interaction that marks this year's film festival. Also,
last year we raised thousands of dollars for Museum programs, and this
year is bound to be an even greater success," he asserted. Show times
and event listings will soon be available at www.stowetv10.com.
Prime Rate Investors (OTC.PK: PRRM) is a multi-media holding
company with interests in outdoor sports, e-tail, retail, print, web,
television and film. The company offers diverse advertising solutions
to businesses seeking multi-media exposure. Its subsidiary, Stowe
TV-10 is a cable broadcast channel and RSN national affiliate. Its
subsidiary, High Angle Media is a video production and advertising
company.
For more information, visit the company's website www.stowetv10.com.

This release includes forward-looking statements made pursuant to
the safe harbor provisions of the Private Securities Litigation Reform
Act of 1995 that involve risks and uncertainties including, but not
limited to, the impact of competitive products, the ability to meet
customer demand, the ability to manage growth, acquisitions of
technology, equipment, or human resources, the effect of economic and
business conditions, and the ability to attract and retain skilled
personnel. The Company is not obligated to revise or update any
forward-looking statements in order to reflect events or circumstances
that may arise after the date of this release.

[This message has been edited by WinsumLosesum (edited October 22, 2004).]
 

[This message has been edited by MxPx (edited October 22, 2004).]
 

quote:

---

Originally posted by MxPx:
Hey Winsum are you running OTC also?

---

Ameritrade Streamer
 

Prime Rate Investors (OTC.PK: PRRM) is a multi-media holding company with interests in outdoor sports, e-tail, retail, print, web, television and film. The company's strategic relationships with multi-faceted, outdoor sports entities allow it to offer diverse advertising solutions to businesses seeking multi-media exposure. Based in Stowe, Vermont, its wholly owned subsidiaries include: High Angle Media, Inc., a video production company and Stowe TV-10, an RSN network affiliate and cable broadcast company that reaches nearly a million viewers annually.

 

Prime Rate Investors, Inc. Statement Regarding NHGP Spin-off
Tuesday October 26, 12:50 pm ET

STOWE, Vt.--(BUSINESS WIRE)--Oct. 26, 2004--Prime Rate Investors, Inc. (OTC.PK: PRRM) 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.
Prime Rate Investors (OTC.PK: PRRM) is a multi-media holding company with interests in outdoor sports, e-tail, retail, print, web, television and film. The company's strategic relationships with multi-faceted, outdoor sports entities allow it to offer diverse advertising solutions to businesses seeking multi-media exposure. Based in Stowe, Vermont, its wholly owned subsidiaries High Angle Media, Inc. and Stowe TV-10 are based in Stowe, Vermont. High Angle Media, Inc. is a video production company and Stowe TV-10 is an RSN network affiliate and cable broadcast company that reaches nearly a million viewers annually.

For more information, visit the company's websites www.stowetv10.com and www.highanglemedia.com.

This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

--------------------------------------------------------------------------------
Contact:
Prime Rate Investors, Inc.
Dan Burgess, 802-253-0199
Fax, 888-607-9495
http://www.prrm.us
info@stowetv10.com

--------------------------------------------------------------------------------
Source: Prime Rate Investors, Inc.

 

quote:

---

Originally posted by ALLIN:
We may see some GREEN today! Several .0002 and .0003 out there.

---

I dont see any .0003 on my chart.
I already dumped mine -- made my cash, got tired of waiting, moved on. Might come back when I have funds to spare but putting my money to work elsewhere for now.

quote:

---

Originally posted by Phoenixx:

I dont see any .0003 on my chart.
I already dumped mine -- made my cash, got tired of waiting, moved on. Might come back when I have funds to spare but putting my money to work elsewhere for now.

---

Did you sell out @ .0002 or .0001?

quote:

---

Originally posted by bleech1:
Did you sell out @ .0002 or .0001?

---

.0001

I'm still in the green overall, so I guess I cant complain any. Just got tired of waiting for my order to sell at .0002

 

A/S 40,000,000,000 as of 2004-10-12
O/S 20,619,218,278 as of 2004-09-29
Float ???
 

quote:

---

Originally posted by DrJ:
I had a sell order at .0002 for 2 weeks and got nothing. Go figure ?

---

quote:

---

Originally posted by ali:
Divident info @ OTCBB site
http://www.otcbb.com/asp/dividend.asp?sym_id=prrm

---

The link you provided is very informative,
however...

The date of record, to qualify to receive the
dividend, quoted on your link is not correct
or dated according to the following PR.

It seems the date of record is Oct. 15th. to
qualify to receive the dividend.

Also there is no official payment date yet
announced according to the 10-2604 PR.

Just wanted all to know.

PR Follows...
STOWE, Vt., Sep 28, 2004 (BUSINESS WIRE) -- Prime Rate Investors Inc (PRRM) announced the effective date of the spin-off of shares in National Hospitality Group, Inc. (OTC.Pk: NHGP) to the shareholders of Prime Rate Investors Inc is October 15, 2004. The shareholders of Prime Rate Investors, Inc. will receive one (1) share of National Hospitality Group Inc. for each hundred (100) shares owned as of October 15, 2004. The share holders of Prime Rate Investors, Inc. will retain their Prime Rate Investors Inc shares in addition to National Hospitality Group Inc shares issued.

 

STOWE, Vt., Nov 3, 2004 (BUSINESS WIRE) -- Prime Rate Investors, Inc. (OTC.PK: PRRM) announced that on November 15, 2005, the company will issue shares of National Hospitality Group, Inc. (OTC.PK: NHGP) to Prime Rate Investors, Inc. shareholders on record as of September 30, 2004. The distribution of shares issued will be in the ratio of one (1) share of NHGP for every one hundred (100) shares of PRRM owned on September 30, 2004.

Prime Rate Investors (OTC.PK: PRRM) is a multi-media holding company with interests in outdoor sports, e-tail, retail, print, web, television and film. The company's strategic relationships with multi-faceted, outdoor sports entities allow it to offer diverse advertising solutions to businesses seeking multi-media exposure. Based in Stowe, Vermont, its wholly owned subsidiaries include: High Angle Media, Inc., a video production company and Stowe TV-10, an RSN network affiliate and cable broadcast company that reaches nearly a million viewers annually.

For more information, visit the company's websites www.stowetv10.com and www.highanglemedia.com.

This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

SOURCE: Prime Rate Investors, Inc.
Prime Rate Investors, Inc.
Dan Burgess, 802-253-0199
info@stowetv10.com

 

STOWE, Vt., Nov 3, 2004 (BUSINESS WIRE) -- Prime Rate Investors, Inc. (OTC.PK: PRRM) retracted the distribution date announced earlier this morning, and issued a correction. On November 15, 2004, the company will issue shares of National Hospitality Group, Inc. (OTC.PK: NHGP) to Prime Rate Investors, Inc. shareholders on record as of September 30, 2004. The distribution of shares issued will be in the ratio of one (1) share of NHGP for every one hundred (100) shares of PRRM owned on September 30, 2004.

Additionally, PRRM announced that the Travel Channel will air "New England Thanksgiving," film content for which was shot by High Angle Media, Inc., a subsidiary of PRRM. The program, revisiting the history of Plymouth Plantation and the first Thanksgiving, also showcases tourist destinations including Colonial Lantern Tours and Plymouth Rock. It first airs on Nov. 18 at 9:00 PM and Nov. 19 at 12:00 PM on the Travel Channel. For more information on the program, or to view a schedule, visit the Travel Channel online at http://travel.discovery.com.

Prime Rate Investors (OTC.PK: PRRM) is a multi-media holding company with interests in outdoor sports, e-tail, retail, print, web, television and film. The company's strategic relationships with multi-faceted, outdoor sports entities allow it to offer diverse advertising solutions to businesses seeking multi-media exposure. Based in Stowe, Vermont, its wholly owned subsidiaries include: High Angle Media, Inc., a video production company and Stowe TV-10, an RSN network affiliate and cable broadcast company that reaches nearly a million viewers annually.

For more information, visit the company's websites www.stowetv10.com and www.highanglemedia.com.

This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

SOURCE: Prime Rate Investors, Inc.
Prime Rate Investors, Inc.
Dan Burgess, 802-253-0199
http://www.prrm.us
E-mail: info@stowetv10.com

 

Never even noticed the typo. (2005)
 

Millions of faxes and targeted emails going out.

Get in before its too late.
 

We have received numerous and diverse inquiries in the past week. Far too many to reply to individually, and we hope to address the majority here.

1) The confusion surrounding the NHGP dividend has concerned many, and this was only compounded by a typo for which I assume responsibility. Due to accounting, shareholders on record as of September 30, 2004 will receive their shares on November 15th, 2004. We were led to believe that the record date could be extended to October 15, and declared it as such only to be informed that “extenuating circumstances” involving the company’s quarterly audits would not allow the extension after all. This does not make us happy, and we are now working on and will announce dividend details for those who purchased shares of PRRM between September 30 and October 15 as soon as possible. Our working date for this distribution is Feb. 15, but this has not been finalized.

2) Regarding financials, reverse split, and the move to becoming a reporting company: the question of revenues associated with contracts/projects. The vast majority of the time projects are bid upon, and/or advertising packages customized by the sales department. In appropriate instances that involve gross ad sales associated with an event or program, we will state revenues. In the meantime, our range of video production contracts range from local $1,500.00 to $25,000.00. Contracts that are more regional or national approach $100,000 and advertising packages can range from $4,000 to $300,000. Upon completion of the fourth quarter we will investigate the opportunities that exist by moving to the bulletin board. Again, there is no R/S in our plan.

3) A few of you have inquired and/or suggested about investor relations opportunities such as radio interviews, company profiles, etc., and gladly will hear your suggestions regarding these opportunities. Currently we have no IR representation and are doing our best to communicate effectively with shareholders ourselves. We have recently received unusual inquiries regarding the employment of a promoter or firm named JT. We neither employ, nor have been in discussion with such an individual or firm, and so know no such person or firm’s phone number, address or other contact information. We have been in discussions with well known firms though we have engaged no such entities as of yet. We thank shareholders who believe in the plan for their open support; those who dislike the plan should merely not buy our stock! On this note too, we thank you for your communication with us. We appreciate ideas you have for the company, and encourage you to continue in this vein. Such contributions have included suggested acquisition targets (with links, DD, etc.), and one shareholder in Naples, FL offered his resources to help investigate the possibility of establishing a broadcast affiliate there. Florida currently has three RSN affiliates: one in Destin, one in Key West, and one in Panama City. We encourage you to email such ideas. We are not discouraging you to phone the company, we merely want to condone brevity on the phone and please email weightier ideas or concerns!

4) Symbol change: this is possible, but not something we have concerned ourselves with at this time.

5) Share structure, our plan and pps: We will increase the A/S and O/S as opportunities that we deem valuable present themselves. M&A targets have positive cash flow, established customer base, and human resources that parallel our strategy in our industries. By this plan we will build infrastructure for a network of multi-media and wholly owned subsidiaries within associated industries. If we want to acquire a $3 million private company, that would be worth say, $4 to 6 million in the public vehicle, not to mention adds value through its strategic placement, existing relationships, expanded customer base, and the benefits of economies of scale, and we can accomplish this by issuing six billion restricted shares at a pps of 0.0005 to close the acquisition then we will. We are confident that in this manner the overall value of our company and hence the price per share will increase.

6) Inquiries concerning:

· Synesi, Inc. We love coffee more than most normal people. We are proud to be involved in both companies; working within industries that interest us the most is the chief source of motivation. Simultaneously, opportunities often occur to the benefit of combined companies, while solutions that would otherwise be unapparent arise to meet formidable challenges – hence it presents more advantages than hindrances. That said, it is time consuming as Ian increasingly needs to focus attention on PRRM activities and media work. Consequently, we are adding two people to Synesi management and will continue with the micro-roaster roll-up.

· Investor dairies. Investor dairy farms are common in Kansas, California, and the west. They are not common in the northeast. This is not in PRRM’s plan at this time, but remains an interesting opportunity worth research and further investigation.

· Real Estate and construction services. While not a part of our plan specifically, we use the resources of partners’ involvement in such endeavors. For example, we are negotiating the expansion of our operations in Stowe and the design of improved live show facilities.

Shareholder quote of the day: “The obstacles aren’t IN the path; they ARE the path.”

Again, we are proud to be responsible for the growth of Prime Rate Investors, Inc.

Thank you once again,

Dan Burgess, President & CEO

Ian Lamphere, Vice President

Prime Rate Investors, Inc

Stowe TV-10/High Angle Media, Inc.

145 S. Main St.

Stowe, VT 05672

(802)253-0199

info@stowetv10.com
www.prrm.us





 

What could be breaking NEWS!

The rumor that Dan told a caller that PRRM was looking for a Colorado aquisition, has caused several investors that I am in comunication with to search out possible aquisition targets. I previously posted a list of Colorado RSN affiliates because I felt strongly that PRRM would be looking within the RSN network first for possible targets. Well it has been brought to my attention that a prime RSN affiliate is in fact for sale in Aspen Colorado and was listed for sale at this site Friday!

http://www.buysellradio.com/forsale.html

Funny that it is no longer listed there today!
The sell price was listed as confidencial so I have no idea what the asking price was.

This could be a huge move for PRRM as Aspen is very much in the winter and year round sports lime light! We as shareholders would benifit greatly from such an aquisition!

I'm gonna put out the name of the Aspen affiliate here and hope that someone can come up with a for sale sign somewhere on the net or elsewhere to link us to!

it is TV 16 / KSZG Aspen
http://www.rsn.com/cams/aspen/tvguide.html?bc=H^RI^RIR^CP

Lets hope that this is on PRRMs radar and that the reason the listing disapeared over the weekend is that they have signed papers on it!

We shall soon see! **** has sent off an E-Mail to Dan asking about this possible target and has also offered Dan what I think is a great idea about PRRM doing live internet sports and music radio as part of there buisness. Its relatively cheap and could help grow there network!

This could be very good news!


 

November 8, 2004

STOWE, Vt., Nov 8, 2004 (BUSINESS WIRE) --

Prime Rate Investors, Inc. (OTC.PK: PRRM) announced that it's subsidiary, High Angle Media, Inc. has signed a contract with the New England Sports Network (NESN) for the regional broadcast of its original series Backcountry TV. The outdoor adventure series of cultural documentaries will air twice weekly during evening prime time on NESN beginning Sunday, January 1, 2005. Hosted by Sam Von Trapp and written and directed by Ian Lamphere and Adam DesLauriers, each episode traces the feats of outdoor adventurers as they explore exotic locations around the globe.

NESN is a 24 hour, regional cable network owned by the Boston Red Sox and Boston Bruins. NESN delivers exclusive coverage of Boston Red Sox and Boston Bruins games and reaches 3.8 million homes throughout New England. Its website is www.nesn.com.

Prime Rate Investors (OTC.PK: PRRM) is a multi-media holding company with interests in outdoor sports, e-tail, retail, print, web, television and film. The company's strategic relationships with multi-faceted, outdoor sports entities allow it to offer diverse advertising solutions to businesses seeking multi-media exposure. Based in Stowe, Vermont, its wholly owned subsidiaries include: High Angle Media, Inc., a video production company and Stowe TV-10, an RSN network affiliate and cable broadcast company that reaches nearly a million viewers annually.

For more information, visit the company's websites www.prrm.us and www.highanglemedia.com.

This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

SOURCE: Prime Rate Investors

Prime Rate Investors Dan Burgess, 802-253-0199 http://www.prrm.us info@stowetv10.com

Copyright (C) 2004 Business Wire. All rights reserved

 

Sorry, just pretending I would actually see it!
 

All the charts I can find showed it start going up around 11 and back down to normal at around 2.

chris
 

quote:

---

Originally posted by zippycal:
Did this thing actually hit .001 today ?

All the charts I can find showed it start going up around 11 and back down to normal at around 2.

chris

---

Sounds like a fat-fingered expensive mistake. Meant to buy at .0001 and bought at .001 by accident.

November 17, 2004

STOWE, Vt., Nov 17, 2004 (BUSINESS WIRE) --

Prime Rate Investors, Inc. (OTC.PK: PRRM) announced it has closed its acquisition of Lake Placid, NY's Adirondack TV-33. ADK TV-33 is an RSN broadcast affiliate and producer of Lake Placid's first and only live morning show "Adirondack Today" in addition to special events coverage and other productions targeting the millions of annual visitors to the Tri Lakes Region of New York's Adirondack Park. Lake Placid is the "Winter Sports Capitol of the World" and host of the 1932 and 1980 Winter Olympics. It was here in 1980 that the U.S. hockey team beat Russia in the "Miracle on Ice" gold medal game. Each year thousands of winter athletes train and compete in Lake Placid in luge, bobsled, alpine and nordic ski racing, ski jumping, ice skating, hockey, snowboarding and aerial ski and snowboard jumping. By summer Lake Placid hosts equally diverse events from summer athlete training to concert series, the Lake Placid Film Festival, and the prestigious Lake Placid Horse Show. "Adirondack TV-33 is the flagship operation of Prime Rate Investors' network of RSN broadcast affiliates," remarked PRRM President Dan Burgess. It's website is www.adktv33.com.

Prime Rate Investors (OTC.PK: PRRM) is a multi-media holding company with interests in outdoor sports, e-tail, retail, print, web, television and film. The company's strategic relationships with multi-faceted, outdoor sports entities allow it to offer diverse advertising solutions to businesses seeking multi-media exposure. Based in Stowe, Vermont, its wholly owned subsidiaries include: High Angle Media, Inc., a video production company and Stowe TV-10, an RSN network affiliate and cable broadcast company that reaches nearly a million viewers annually.

For more information, visit the company's websites www.prrm.us and www.highanglemedia.com.

This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

SOURCE: Prime Rate Investors

Prime Rate Investors Dan Burgess, 802-253-0199 http://www.prrm.us E-mail: info@stowetv10.com

Copyright (C) 2004 Business Wire. All rights reserv

 

"Ian Lamphere" <info@stowetv10.com> To: info@stowetv10.com
Subject: NHGP Dividend Information
Date: Wed, 17 Nov 2004 11:28:06 -0500

Hello: the dividend was processed on Monday, Nov. 15. Shares will show in your account soon if not already. Please contact your broker-dealer for more information.

Thank you for your concern.

Best Regards,

Ian Lamphere

Vice President

Prime Rate Investors, Inc.

High Angle Media, Inc.

Adirondack TV-33/Stowe TV-10

145 S. Main St.

Stowe, VT 05672

(802)253-0199

info@stowetv10.com

I've been using Harrisdirect.com for a few years and they seem to be pretty accurate with the qoutes.

Anybody ever deal with 'sharebuilder.com' ??

It seems ok since you can invest little by little, if you don't have a big chunk at the time.

Ofcourse the stocks have to meet their criteria. And prrm is not one of them.

 

National Hospitality Group Inc. Receives 3,000 new shareholders from PRRM spin-off
Friday November 19, 8:00 am ET

ST. PETERSBURG, Fla., Nov. 19, 2004 (PRIMEZONE) -- National Hospitality Group., Inc., (Other OTC:NHGP.PK - News) a majority-owned subsidiary of Prime Rate Investors, Inc., announces that on November 15, 2004, approximately 3,000 shareholders of Prime Rate Investors, Inc. (Other OTC:PRRM.PK - News) will be issued shares of National Hospitality Group, Inc. in a dividend distribution, resulting in the PRRM shareholders owning all of PRRM's interest in NHGP directly. The distribution of shares issued will be in the ratio of one (1) share of NHGP for every one hundred (100) shares of PRRM owned on September 30, 2004. Damian Guthrie, President of NHGP said, ``We are pleased to welcome the shareholders of PRRM as direct shareholder in NHGP, and we are excited that this event will create liquidity in the stock and bring a tremendous visibility to the company.''
ADVERTISEMENT


Tampa Bay Mortgage Solutions, Inc., the wholly owned subsidiary of National Hospitality Group, Inc., will continue to execute the same business model that it performed when the Company was the subsidiary of Prime Rate Investors, Inc., including management and location.

National Hospitality Group, Inc. operates through its wholly owned subsidiary Tampa Bay Mortgage Solutions, Inc., which is a direct lender specializing in short-term asset based lending. The company specializes in acquisition financing, construction loans and lines of credit for builders. The mission of the company is to build a diverse portfolio of debt and equity instruments that will provide the shareholders with both current income and capital appreciation. The specialty of the company is ``hassle-free, hard equity loans.'' The company has a web site http://www.nhgp.net.

The release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

Contact:

National Hospitality Group, Inc.
Damian Guthrie
President
(786) 246-1077
(727) 894-4520 www.nhgp.net
tsolution@tampabay.rr.com

--------------------------------------------------------------------------------

 

Last: 0.27 Vol.: 15,000
Change: +0.02
8.00% Tick: Down
Bid: 0.25 Ask: N/A

Open: 0.25 Mkt Cap: N/A
Prev. Close: 0.25
Market: OTC
Day High: 0.27 Day Low: 0.25
52-Week High: 0 52-Week Low: 0





 

No luck
 

Thank you for your patience while I researched your question.
Depository Trust Company (DTC) does show the spin-off from PRRM, payable 11/15
to holders of settlement date 9/30. DTC has not distributed the
shares, they are awaiting payment from the agent. These are restricted
shares so it is hard to say when payment will be made. We will allocate to
shareholders once received from DTC.

The dividend for MLON has already posted to your account. You received
one share of WLSC for every one hundred shares of MLON. I hope this
information is helpful.

If you have further concerns or inquiries, please reply to this
message.

Sincerely,

Tina Nauman
Client Services, Ameritrade
Division of Ameritrade, Inc.

 

GLTA
 

------------------
"If We Agree To Disagree, Then We Can Remain friends"
 

quote:

---

Originally posted by stockfreak:
is this another cmkx or does anyone think this stock is worth hangin on to for awhile

GLTA

---

I think the jury still out on this one. I plan to hold as well. I'm holding about 3.6 mil, so I'm in like it or not. Can't seem to sell at .0002 and not really into giving anything away.

The company seems to have set its sites high, just taking some time to get there. Still waiting for that dividend as well!
 

quote:

---

Originally posted by lostone:
i'm not expecting NHGP anytime soon.. and when that time comes, it will be difficult to sell at a decent price.. that sucker is gonna drop so much since everyone will want to dump. And i'm getting the feeling that PRRM won't be easy money.. "QBID" probably only happens once.. 9mil and not looking back.

---

Let me disagree , when I traded QBID early this year and start moving off the .0001 , we expected that it may actually run just like TASR did , and many said then that " TASR probably only happens once!!" I am not saying that It will run like QBID , it may run faster than qbid to even higher levels , and it may run only to .01 levels , I see similar aspects between QBID and PRRM such as the large OS , the huge ammount of shares been traded at .0001 but not yet as high as CMKX , also both are in media and TV broadcast , the difference I see between qbid and prrm is that the CEO of PRRM been more honest and open about the share structure , CEO of QBID been kind of sneaky about the OS and the A/S , now over 6 months since he announced that he would release to public the number of OS and still not , he raised the authorized to over 60 bil in secret and if it was not for some bashers posting at ragging bull , we would never known that either, also changed the type of affiliation between QBID and QTV only after some posters raised the question , here at PRRM the CEO clearly states that TV station they own is an affiliate . I honestly believe that the prospect of PRRM having a better run than QBID is very real .
Lets agree to disagree and good luck

 

quote:

---

Originally posted by lostone:
i'm not expecting NHGP anytime soon.. and when that time comes, it will be difficult to sell at a decent price.. that sucker is gonna drop so much since everyone will want to dump. And i'm getting the feeling that PRRM won't be easy money.. "QBID" probably only happens once.. 9mil and not looking back.

---

IMO PRRM will run before you get any NHGP and when that happens I would care less about the NHGP , PPRM would be the money maker soon !!

 

quote:

---

Originally posted by lostone:
I didn't follow QBID, but those who did, could you please tell me if PRRM is at a comparable QBID phase, and which phase? Even if PRRM does run, I don't think it would be that quickly would it? these things take time to organize.. a lot of deals need to be made before a potential profit can be realized..

---

I did follow QBID from the begining , I bought over 50 mil at .0001 about a year ago , and yes I was very upset with QBID then , I did try to sell it for .0001 after watching it not moving for 2 months , and guess what , MMs will not buy it at .0001 not even sell market price for few weeks and not a single share was sold , in any case it did move up from .0001 early this year , and many got their doubles and triples etc early on , I sold 30 mil at .0025 early on and did hold
30 mil long , I sold then some at .02 when I seen it downtrending ( wish I sold all then ) , notice when QBID reached .0028 it had only a fraction of the OS that it has now , and I honestly doubt it will ever see .01 again , with the hype it may reach ,009-.009 and will not stay that high for long , traders simply dont trust the company not dumping at any major run , and already it is diluted , IMO I think QBID has more OS than PRRM at this point and will not be suprised if F. Olsen steps down after breaf run and cash followed by a nasty R/S , all that imo of course .
I remember when QBID ran to .0005 early last year , I would say 95% of investors sold , and then new investors and old new investors got back in at .001, major resitance that coincide with new investors arriving and old selling were at .0025 , .0035 , .0055 , .007 , .009 , and so on , it did seem that every .002 incrimints were marked with arrival of new investors and plder investors selling .

Back to PRRM , I can predict similar pattern of QBID to repeat itself.

Remember not to invrest more than you can afford to lose in any pink stock , and you have no chance of winning unless you in .

 

quote:

---

Originally posted by stockfreak:
so you think prrm could possibly hit a penny by the beginning of next year.
and are you saying you think bid will never reach much more then a penny.
i own 200,000 shares of qbid and 1,899,999 shares of prrm i would love to see both of them over a penny so in your opinion which do you see making it over a penny first.

---

quote:

---

Originally posted by Trader2003:
[QUOTE]Originally posted by stockfreak:
[b]so you think prrm could possibly hit a penny by the beginning of next year.
and are you saying you think bid will never reach much more then a penny.
i own 200,000 shares of qbid and 1,899,999 shares of prrm i would love to see both of them over a penny so in your opinion which do you see making it over a penny first.

---

Did I say also that I am loaded in both QBID and PRRM , and in both at .0001
 

Good luck on both
 

With the volume......and the chart
You had better believe this baby will fly past .009.
Interested parties......read the first two pages of the QBID thread and see for yourselves where this co. has come in the last year and what it is doing now.
A little misinformation here.

Sorry to interrupt. Now back to your thread.

Lil
 

quote:

---

Originally posted by Boletus:
IMO and to the best of my knowledge PRRM OS is 20B and QBID is 15.8B. Please clear this up for me. I own millions of both.

---

Quoted From Frank Olsen during the Conference Call:

Frank Olsen: Thank you. Ok, the question was about the number of shares. There’s 9 and a half billion in the book. There’s 6 billion in institutional hands that is for security against agreements. That was money for gay games, that was money that was needed for borrowed programming and that’s what its there. We don’t expect to ______ the market. Now more of the questions we like to answer everything, if you’d like to add to that you can, but in the float there’s 9 and 1/2 billion.

 

quote:

---

Originally posted by lilpennypincher:

Quoted From Frank Olsen during the Conference Call:

Frank Olsen: Thank you. Ok, the question was about the number of shares. There’s 9 and a half billion in the book. There’s 6 billion in institutional hands that is for security against agreements. That was money for gay games, that was money that was needed for borrowed programming and that’s what its there. We don’t expect to ______ the market. Now more of the questions we like to answer everything, if you’d like to add to that you can, but in the float there’s 9 and 1/2 billion.

---

Hate to admit that I used to fight bashers over raging bull board claiming that if you own QBID you dont necessarly own QTV , I hate to admit that bashers were right in many ways , PRs does state clearly now that Q television is nothing more than affiliate of QBID ..landed on this fact after lot of DD , even Frank in the CC admits the fact of QBID being shell company , thats why then I was not suprised to see that the A/S been increased to may be 100 bil and the OS never been clearly revelead , Known fact in Pink word that A/S is raisen whenever OS has swellen to the point of maxim equal or close to A/S . any opinions on that topic would be greatly appreciated.
 

quote:

---

Originally posted by Trader2003:
IMO I think QBID has more OS than PRRM at this point and will not be suprised if F. Olsen steps down after breaf run and cash followed by a nasty R/S , all that imo of course .

---

DO you have a reason for that opinion? Why do you think QBID has more OS than PRRM? If it is just idle speculation on your part then say so. Reasoned opinion or idle speculation?
 

see ya' lata'

Lil
 

quote:

---

Originally posted by Boletus:
DO you have a reason for that opinion? Why do you think QBID has more OS than PRRM? If it is just idle speculation on your part then say so. Reasoned opinion or idle speculation?

---

Bol: Have spoken to CEO of QBID few months ago , and never got close to get an idea about yhe OS , back in April PR we were supposed to get PR regarding the OS and the A/S , instead we got an increase of the A/S without shareholders even know about it if bashers did not bring it up on other boards , so far the closest number we got from the company and not official is that OS of QBID is like 16 bil if not mistaken , of course that number subject to change without previous notice since it was not official . On the other hand call CEO of PRRM , you will get no spins and he would tell you anything you want to know about share structure up front , for some reason amd from all mentioned above I feel OS of QBID and PRRM are pretty close even feel that PRRM may be slightly less. I wish both stocks go to the moon !! , but facts are stuborne and keep comming back to haunt you . Good luck

 

quote:

---

Originally posted by Trader2003:
Bol: Have spoken to CEO of QBID few months ago , and never got close to get an idea about yhe OS , back in April PR we were supposed to get PR regarding the OS and the A/S , instead we got an increase of the A/S without shareholders even know about it if bashers did not bring it up on other boards , so far the closest number we got from the company and not official is that OS of QBID is like 16 bil if not mistaken , of course that number subject to change without previous notice since it was not official . On the other hand call CEO of PRRM , you will get no spins and he would tell you anything you want to know about share structure up front , for some reason amd from all mentioned above I feel OS of QBID and PRRM are pretty close even feel that PRRM may be slightly less. I wish both stocks go to the moon !! , but facts are stuborne and keep comming back to haunt you . Good luck

---

So your estimate of 16B QBID would be less than the 20.6B PRRM. Don't get me wrong I own PRRM for many reasons and wish everyone holding PRRM here success. I'll go back to lurk for now. Good luck all.
 

The fact that ECNC did in fact jump from .03 to $18/Share. So to say that the O/S or Market Cap or whatever has an effect on the PPS is completely wrong. It's not only wrong in respect that it's wrong at face value but here's a stock that did and that speaks more then someone trying to tell us what can and can't happen.

Plus all the numerous other companies that did it throughout the 1990's.

QBID has hit .20 within 3 years and has had an all time high of $7. Now it's an actual network.

Learn your facts before posting. But it's ok if you miss the boat, I won't laugh.
 

quote:

---

Originally posted by 1BigTip:
YOu guys are beating a dead horse! IT DOES NOT MATTER!!

The fact that ECNC did in fact jump from .03 to $18/Share. So to say that the O/S or Market Cap or whatever has an effect on the PPS is completely wrong. It's not only wrong in respect that it's wrong at face value but here's a stock that did and that speaks more then someone trying to tell us what can and can't happen.

Plus all the numerous other companies that did it throughout the 1990's.

QBID has hit .20 within 3 years and has had an all time high of $7. Now it's an actual network.

Learn your facts before posting. But it's ok if you miss the boat, I won't laugh.

---

Check out your facts about QBID , I will ride the hype right now , but remember that the facts dont go away and are stuborne and will come back to haunt you one day !!
I remeber Frank screaming at the hotline about not selling then at ( .02 ) , those who did sell and bought in back at .0025 would have had 10X the original shares they had , like if you sold 10 mil shares then at .025 and bought in last few weeks , you would have now over 100 mil shares without costing you a penny, IMO Frank is a savy swinger . dont let anyone tell you how to trade and when to sell or hold , we all trade in different ways and thats why there are losers and winners . If it was not for the losers , they would be No winners , happy trading !!!
 

quote:

---

Originally posted by Trader2003:
Check out your facts about QBID , I will ride the hype right now , but remember that the facts dont go away and are stuborne and will come back to haunt you one day !!
I remeber Frank screaming at the hotline about not selling then at ( .02 ) , those who did sell and bought in back at .0025 would have had 10X the original shares they had , like if you sold 10 mil shares then at .025 and bought in last few weeks , you would have now over 100 mil shares without costing you a penny, IMO Frank is a savy swinger . dont let anyone tell you how to trade and when to sell or hold , we all trade in different ways and thats why there are losers and winners . If it was not for the losers , they would be No winners , happy trading !!!

---

OK! let me check the facts,,,

First & foremost I genuinely hope PRRM takes off cause I too have sat on a stock that doesn't appear to have a life. Having said that,,,

Is this a fact,,,?

QBID before the upcoming Billion Share Trading Days,,,,

11/22/04=+4.00%

11/23/04=+23.08%

11/24/04=+12.50%

11/26/04=+22.22%

11/29/04=+18.18%

Five straight days of increases!

Yep! We could have a little dip tomorrow.

I'll buy more & sit on it!

After all,,,

"All we ever had to do is launch!"

------------------
whizknock
 

quote:

---

Originally posted by whizknock:
OK! let me check the facts,,,

First & foremost I genuinely hope PRRM takes off cause I too have sat on a stock that doesn't appear to have a life. Having said that,,,

Is this a fact,,,?

QBID before the upcoming Billion Share Trading Days,,,,

11/22/04=+4.00%

11/23/04=+23.08%

11/24/04=+12.50%

11/26/04=+22.22%

11/29/04=+18.18%

Five straight days of increases!

Yep! We could have a little dip tomorrow.

I'll buy more & sit on it!

After all,,,

"All we ever had to do is launch!"

---

Good luck , after all we all want to make money and been loaded in both I cant help but feel humble with your posts !!

 

quote:

---

Originally posted by Trader2003:
Rumors getting stronger of pending big News of aquistions and profit making news !! Is that why MMs been setting at the bid of .0001 despite all trades going at .0001 ? Does this have to do with the delay of releasing the NHG ? all these questions should be answered rather soon. I am loaded and in , QBID on the other hand making my day , I see it touching .006 soon and if other solid news out ..then look for a penny soon !

---

I have been in this stock for a few months now.
I have a very strong (large) position.

Since the day after buying @ 0.0001, I have had
a SELL in for 0.0002. As everyone knows its about
impossible to sell @0.0002, it needs to go to 0.0003
to sell at 0.0002. I have not been able to sell any at all.

Well, it seems the MMs never let it go to 0.0003. The
last time it was at 0.0003 was 9/23/04 and that was
only a few sales.

This leaves everyone holding their stock and waiting,
and/or buying more and more shares.

Does anyone else here get the feeling that we all could
be getting set up for the reverse split fall? Its almost as
if the MMs are keeping this stock @ 0.0001 just so we
will all buy millions of shares.

Call me paranoid, but I'm getting that feeling I usually
get right before one of my 0.000x stocks reverse splits.
Does anyone else feel this way?

Don't know weather to sell or hold.
What are everybody's thoughts?

 

quote:

---

Originally posted by tyedye:

I have been in this stock for a few months now.
I have a very strong (large) position.

Since the day after buying @ 0.0001, I have had
a SELL in for 0.0002. As everyone knows its about
impossible to sell @0.0002, it needs to go to 0.0003
to sell at 0.0002. I have not been able to sell any at all.

Well, it seems the MMs never let it go to 0.0003. The
last time it was at 0.0003 was 9/23/04 and that was
only a few sales.

This leaves everyone holding their stock and waiting,
and/or buying more and more shares.

Does anyone else here get the feeling that we all could
be getting set up for the reverse split fall? Its almost as
if the MMs are keeping this stock @ 0.0001 just so we
will all buy millions of shares.

Call me paranoid, but I'm getting that feeling I usually
get right before one of my 0.000x stocks reverse splits.
Does anyone else feel this way?

Don't know weather to sell or hold.
What are everybody's thoughts?

---

The CEO was very clear when I talked to that there are no plans of R/S , The new management sem to be very honest and energetic, also open to investors , try to call and I am sure you would be able to talk to the CEO and voice all your concerns , In my many years of trading , I seen Stocks which did R/S , and believe me all these companies which did R/S had something to hide , and I never been able to talk to any CEO who was planning R/S , looks like these who plan R/S , they never want to talk to investors , in contrary , I was able to talk to companies and got straight talk with such as QBID , PRRM , and Siri back when the stock was .39 . In any case I have enough confidence to invest in PRRM without having to worrry about R/S . I did mention in other post , back last year when QBID was at .0001 , I placed sell order at .0001 and even Market price , and for 6 weeks , I couold not sell a single share of QBID ( Now glad it did not go through) , Pink sheet are one of a kind and hard to predict when would be the next run and how high would it reach. I agree with you that the R/S in pinks world is ver real risk , but doing some DD and talking to management/CEO would be a good sign that the R/S is not planned. Good Luck.

 

Now there are 8 MMs at .0001 , last week were ZERO MM at the bid , 13 MMs at asking .0003 , and 5 MMs at .0003

Last trades are 20 mil at the ask of .0002 , Volume so far 67 mil , out of which about 25 mil at the ask .0002

I would say get in while .0002 on the table , dont let the lineup fool you , MMs can change that lineup in 5 minutes if they decide so !!!
 

Trader, how many MM's asking 0002 ?
 

quote:

---

Originally posted by Trader2003:
L2 Update

Now there are 8 MMs at .0001 , last week were ZERO MM at the bid , 13 MMs at asking .0003 , and 5 MMs at .0003

Last trades are 20 mil at the ask of .0002 , Volume so far 67 mil , out of which about 25 mil at the ask .0002

I would say get in while .0002 on the table , dont let the lineup fool you , MMs can change that lineup in 5 minutes if they decide so !!!

---

CORRECTION-->
L2 Update
Now there are 8 MMs at .0001 , last week were ZERO MM at the bid , 13 MMs at asking .0002, and 5 MMs at .0003

Last trades are 20 mil at the ask of .0002 , Volume so far 67 mil , out of which about 25 mil at the ask .0002

I would say get in while .0002 on the table , dont let the lineup fool you , MMs can change that lineup in 5 minutes if they decide so !!!

quote:

---

Originally posted by jca_1986:
my nhgp shares are not showing up on etrade anyone else having this prob?

---

Heh, some of us havent even gotten ours yet. Course I got my FNRP shares after most everyone else did also.
 

Pershing said I would have them over a week ago. But have not seen.
 

I had millions of shares and just had to go.
See my previous post quoted below as to why.

I wish everyone still in this the best of luck, and
hope it jumps for you still in.

quote:

---

Originally posted by tyedye:

I have been in this stock for a few months now.
I have a very strong (large) position.

Since the day after buying @ 0.0001, I have had
a SELL in for 0.0002. As everyone knows its about
impossible to sell @0.0002, it needs to go to 0.0003
to sell at 0.0002. I have not been able to sell any at all.

Well, it seems the MMs never let it go to 0.0003. The
last time it was at 0.0003 was 9/23/04 and that was
only a few sales.

This leaves everyone holding their stock and waiting,
and/or buying more and more shares.

Does anyone else here get the feeling that we all could
be getting set up for the reverse split fall? Its almost as
if the MMs are keeping this stock @ 0.0001 just so we
will all buy millions of shares.

Call me paranoid, but I'm getting that feeling I usually
get right before one of my 0.000x stocks reverse splits.
Does anyone else feel this way?

Don't know weather to sell or hold.
What are everybody's thoughts?

---

Wow what a couple of days! This was without a dought a very worth while trip! I now know what I own and have a much better idea of where its headed!
My first thought is stop watching the day to day trading and get focused on the long term here!
The course is set and there are more than a few balls rolling for our little PRRM investments!
I spoke with almost every employee of the company and those I didn't get time to speak with, I did shake hands with. There were no ideal people just hanging around. Not one! everyone had there tasks and they were getting them done. I started my visit at Skiershop and there I met Dan and the others who work there. Upon entering the store I was right in the middle of a shoot for an advertisment to be aired on NESN. They were running around getting everything in its place for the shoot and at one point I was asked if I skied because they needed someone on skis for a shot, but seeing as I don't! Someone else filled the skis and they went on with the shoot. There were quite a few customers in the store and they were buying and the register was ringing up some big purchases. Dan greeted me with his big smile and I was invited up to his office. There I didn't see all the fancy furniture and pricy fixtures you may expect from a retail outlet driving big numbers through the registar. The E-Tail buisness was explained to me and thats a pretty darn good revenue generator all by itself. There were 119 people on the site at the time I was shown the set up. Dan said that it was a growing buisness and many were repeat customers, year atfer year. They do the packing and shipping on the lower level of Skiershop. I don't have spicific numbers, but it is a profitable buisness. At this time I was given a sales packet for all the buisnesses, similar to what is available on the High Angle Media web site! It breaks down the prices for add time and production work for the stations! From this photo you can see that there are many programing and add production works in progress! http://micropennys.com/v-web/gallery/PRMM/Stowe_TV10_003?full=1
As I said before here the major brands at Skiershop were Stockli, Head, and a number of others that you would know if I stated them. Heres a few pics of the ski inventory!
http://micropennys.com/v-web/gallery/PRMM/Stowe_TV10_059
http://micropennys.com/v-web/gallery/PRMM/Stowe_TV10_060
http://micropennys.com/v-web/gallery/PRMM/Stowe_TV10_061

and heres the boot line
http://micropennys.com/v-web/gallery/PRMM/Stowe_TV10_067

The shop becomes a bike shop in the spring and summer months and carries the TREX line of bikes. A high end high profit brand
http://micropennys.com/v-web/gallery/PRMM/Stowe_TV10_064

The reason I'm spending time on this is that I strongly believe that it is getting rolled into PRRM and soon! Skiershop is turning better than $1 million gross or I'm a monkeys uncle, add to that the E-Tail buisness it generates and the value of the building that is owned by Skiershop. Its not a leases space and I would guess its worth 3/4 of a million easy, given its high visability location and the size of the building!
http://micropennys.com/v-web/gallery/PRMM/Stowe_TV10_062

Dan and I spent an hour or so talking here and he showed me the whole shop. There a bike repair and ski repair shop on the lower level. Coats, gloves and all the other nessesary additions to your skiing outfit!
The mountains all have snow on them and the store was moving inventory past the register and out the door. 20 or so custorers were being helped or picking out there equipment while I was there!
More coming! Next I will get into my visit to Stowe TV10!

Stay Tuned
Rick
_________________
"A day without dreams is a nightmare" Rick
 

http://www.sprucepeak.com/live/rendering.php

Seein g as there seems to be a bit of interest in what the revitalization at Stowe Mountain Resort will do for PRRM and its subsidiaries! Heres some infomation on it and a few pictures of both the project and Stowe Mountain slopes!

First this site shows the revitalization project and gives details about it!
http://www.stowe.com/

STOWE, VT -- Skiers and riders around America have been hearing the rumors for years: Stowe is getting close to a major revitalization project. In fact, the process of getting permits for the $225 million endeavor has been long enough that some began to tune out. “I’ll believe it when it happens,” grumbled more than one cynical person.

Believe it.

Spruce Peak at Stowe was born on June 27, 2003. That’s when Stowe Mountain Resort received an Act 250 permit authorizing a huge list of improvements to “The Ski Capital of the East.” At the top of that list is something that has never before existed at Stowe: real estate opportunities at Spruce Peak. Home lots, mountain cabins and condominiums will be among the first construction projects, offering prime spots with stunning views of the legendary Mt. Mansfield.

Stowe’s slopeside accomodations will grow to include:

The Mansfield Club, a luxury residential club
A 95-room hotel
175 condominiums
106 fractional owership units (a.k.a. timeshares)
38 townhouses
21 single family lots
“As you would expect from Stowe, these projects have been designed with the highest possible standards,” says Dave Norden, projects director for the development company Spruce Peak Realty. “From the quality of materials to the environmental charter that will serve as the ‘green lens’ through which we view all decisions, we are going to do this right.”
The Spruce Peak at Stowe development will offer more than just a pretty view. A spa, skating pond, retail shops and performing arts center will all be part of the mix in the lively new base area. “Spruce will have a pulse that is present day and night, year ‘round,” says Norden.

Not surprisingly, Stowe’s revitalization is focused primarily on the interests and passions of skiers and snowboarders. Stowe’s mountain projects include:

Two new snowmaking ponds, giving the resort another 175 million gallons of water
Additional snowmaking coverage throughout the resort
Replacement of four chair lifts at Spruce Peak
A new beginner’s 10% grade slope and chair lift at the base of Spruce Peak
New base lodges on Mt. Mansfield and Spruce Peak
An interconnect lift between Mt. Mansfield and Spruce Peak
Two new trails on Spruce Peak
An 18-hole golf course next to Spruce Peak, designed by the renowned Bob Cupp
Infrastructure work and home site development has already begun, as well as the construction of a sales center for Spruce Peak Realty.

For more information on Spruce Peak at Stowe, visit www.stowe.com.

Now does this sound like it might bring just a wee bit of new buisness to lil ol Stowe, VT? Now you have to know that anyone who would buy a home or a villa at the base of a ski run, skis correct! How much revenue does this mean for Skiershop? Bikeshop? Stowe TV10? and all of the other roll ups here? Does it sound good? IT IS!

How do you get market share in your community? You advertise!

1000s of new mouths to feed!
and that runs all the way down the food chain to Stowe TV10 right past Skiershop on the way!

You guys get it yet?

You better, and you better get it fast!
http://www.judyforegger.com/ezstatic/da...rticle.pdf

My Pictures from the mountain site!

http://micropennys.com/v-web/gallery/PR...e_TV10_025
http://micropennys.com/v-web/gallery/PR...e_TV10_028
http://mi cropennys.com/v-web/gallery/PR...e_TV10_033
http://micropennys.com /v-web/gallery/PR...e_TV10_034
http://micropennys.com/v-web/galler y/PR...e_TV10_035
http://micropennys.com/v-web/gallery/PR...e_TV10 _036
http://micropennys.com/v-web/gallery/PR...e_TV10_030

htt p://micropennys.com/v-web/gallery/PR...e_TV10_037
http://micropenn ys.com/v-web/gallery/PR...e_TV10_031
http://micropennys.com/v-web/ gallery/PR...e_TV10_026

Do you all feel like you are there yet?

Cheers
Rick
 

Hello: we have received word from several shareholders who have been informed by their broker dealers that it could take as long as 8 weeks for the NHGP distribution to be fully processed, though some have received their shares already. Please remain in contact with your account manager to remain updated.

Thank you for your concern.

Best Regards,

Ian Lamphere

Vice President

Prime Rate Investors, Inc.

High Angle Media, Inc.

Adirondack TV-33/Stowe TV-10

145 S. Main St.

Stowe, VT 05672

(802)253-0199

info@stowetv10.com

Prime Rate Investors, Inc. Subsidiary Announces Management Agreement for Sugarbush TV-12
Tuesday December 7, 11:59 am ET

WARREN, Vt.--(BUSINESS WIRE)--Dec. 7, 2004--Prime Rate Investors, Inc. (OTC.PK: PRRM) announced that its wholly owned subsidiary, High Angle Media, Inc has signed a management agreement with Summit Ventures, Inc. Summit Ventures owns and operates Sugarbush Resort, a four season destination in Warren, Vermont renowned for its skiing. Sugarbush TV-12 is a cable broadcast RSN affiliate owned by Sugarbush Resort and touted as the second highest rated RSN national network affiliate in 2003. RSN is a national television network that reaches more than 100 mountain and beach destinations across the U.S. and 55 million viewers annually. High Angle Media manages and operates Sugarbush TV-12 and performs all video production for Sugarbush Resort, including the Mad River Valley region's only live television program, "Sugarbush Live," hosted by Olympian Doug Lewis and his wife Kelley. The couple also host RSN's national morning show, "RSN Outdoors." Prime Rate Investors, Inc. owns two other RSN broadcast affiliate stations, Adirondack TV-33 and Stowe TV-10. "Sugarbush TV-12 brings tremendous value to our growing number of RSN affiliates," said Prime Rate Director, Pierce Williams, "while Doug and Kelley's presence across the national RSN network further affirms our prominence in the market and is largely responsible for the tremendous ratings of Sugarbush TV-12," he concluded.

Prime Rate Investors (OTC.PK: PRRM) is a multi-media holding company with interests in outdoor sports, e-tail, retail, print, web, television and film. Based in Stowe, Vermont, its wholly owned subsidiaries include: High Angle Media, Inc., a video production company as well as Adirondack TV-33 and Stowe TV-10, both RSN network cable broadcast affiliates.

For more information, visit the company's websites www.prrm.us and www.highanglemedia.com.

This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
Contact:

Prime Rate Investors, Inc.
Dan Burgess, 802-253-0199
E-mail: info@stowetv10.com
http://www.prrm.us
 

L2 - 11X12 .0001 x .0002

 

quote:

---

Originally posted by bleech1:
my sell of 5M @ .0002 went through.

---

Congrats Bleech! I know you've been holding that one awhile.
 

quote:

---

Originally posted by Forrestgump:
L2 16x2 .0001x.0002

---

PRRM(2004/12/07)
Time (EST) Volume Price Exchange Bought/Sold Tran/Type Legend
15:08:00 9000000 0.0002 + OTCEQ_NBB
15:08:00 9000000 0.0002 + OTCEQ_NBB
15:08:00 9000000 0.0002 + OTCEQ_NBB
15:08:00 9000000 0.0002 + OTCEQ_NBB
15:08:00 9000000 0.0002 + OTCEQ_NBB
15:08:00 9000000 0.0002 + OTCEQ_NBB
15:08:00 9000000 0.0002 + OTCEQ_NBB
15:07:54 9000000 0.0002 + OTCEQ_NBB
15:07:51 1000000 0.0002 + OTCEQ_NBB
15:07:36 5000000 0.0002 + OTCEQ_NBB
15:06:24 200000 0.0002 + OTCEQ_NBB
15:04:51 2500000 0.0002 + OTCEQ_NBB
15:03:45 1750000 0.0002 + OTCEQ_NBB
15:02:54 3100000 0.0002 + OTCEQ_NBB
15:02:21 1000000 0.0002 + OTCEQ_NBB
15:01:30 100000 0.0002 + OTCEQ_NBB
15:00:03 1000000 0.0002 + OTCEQ_NBB
14:58:48 500000 0.0002 +

quote:

---

Originally posted by Phoenixx:
Congrats Bleech! I know you've been holding that one awhile.

---

I don't even know how long anymore...a few months at least.

Now...the question is...do I try to get back in @ .0001 for a third .0001-.0002 swing? That is, if it gets back down there.

Prime Rate Investors, Inc. Shareholders Receive Restricted Shares of National Hospitality Group, Inc.
Wednesday December 8, 7:00 am ET

ST. PETERSBURG, Fla., Dec. 8, 2004 (PRIMEZONE) -- National Hospitality Group., Inc. (Other OTC:NHGP.PK - News) announces that on November 15, 2004, Prime Rate Investors Inc. shareholders were issued restricted shares of National Hospitality Group, Inc. common stock. These shares distributed in the spin-off in NHGP -- are restricted for 12 months -- and have been distributed to the relevant brokerage firms on the 15th of November, 2004.

``We anticipate that individual shareholders will receive these shares in approximately the next 6 weeks according to our stock transfer agent,'' stated Damian Guthrie, President of NHGP. Mr. Guthrie continued, ``We are pleased to have so many new shareholders in NHGP and we look forward to providing all the new and existing shareholders the opportunity to grow with our company.''

The National Hospitality Group, Inc. operates through its wholly owned subsidiary Tampa Bay Mortgage Solutions, Inc., which is a direct lender specializing in short term asset based lending. The company specializes in acquisition financing, construction loans, and lines of credit for builders. The mission of the company is to build a diverse portfolio of debt and equity instruments that will provide the shareholders with both current income and capital appreciation. The specialty of the company is ``hassle-free hard equity loans.'' The company has a web site http://www.nhgp.net.

The release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

Contact:

National Hospitality Group, Inc.
Matt Maguire
1-866 THE-APPLE

 

Value of SMALL independent TV stations are often underestimated.. We see the MAJOR network affilates that are mostly OWNED by media giants today and example of and OLD sleeping Giant was Sunbelt Broadcasting which OWN a local station naerwork affilate in las Vegas.. in 1990 they had 4 stations Boise Id, LV, NV, and two other in the southwest,, Vegas then had less than 1 million pop and was just about to mushroom,, the value of thagt station was about 50 million today with the pop of vegas and surrounding ares of pahrump, alamo, etc is approaching 2 million and mushroom future growth the value of ONe station is over 500 Million .. what we see with PRRM in the small TV stations arounf SKI areas in New england is the areas there are about to attempt to compete with the mega area of the Rockies, Vail, Park City, etc.. HUGH condo and time shares projects will convert these sleepy SMALL towns in MAJOR tourism area's as many baby boomers form the MAJOR metro area of NY and Boston move to retire in the smaller communities,, PRRM TV stations will grow and there affilliation with RSN is major.. if you go to the weather channel webb site and type in STOWE VT you get a PICTURE of the current snow on SNOW mountain.. that picture is being fed by STowe TV.. this is only an example of BEING of the future of PRRM tv stations.. eom

 

The word of the day is "SHARE". IF you truly beleive like I do that this company is now on it's way. Well then, take the time to share this jewel with your friends and fellow investors. I would have never known about this company had I not picked it up off the Qbid message board. I now own a sizable position. Just think...if everyone shared this stock with just 3 people and they shared it with 3 and I think you get the picture. The best thing we can do to help this young company is to simply get the word out. By all means though...if you don't believe in the company, you simply don't need to tell anyone. I do!!! Finally, Rick, you have done a excellent job with Micropennys. I signed up last night and would encourage all to visit his site and see the fine work that he has done. Good Luck to all and let's get the word out on PRRM on stock message boards today.

 

Float-Tradeable Shares(T/S) 16,220,000,000
Restricted Shares(R/S) 25,000,000,000
Outstanding Shares(O/S) 41,220,000,000
Authorized Shares(A/S) 100,200,000,000

By: sirantnj

RB board
 

Copy from RB

Stockholder101 said:

PRRM with 20billion shares is similar in shares to QBID, but CMKX with 500Billion shares is CRAPOLA!

PRRM should be able to reach at least .01 in my opinion and CMKX will likely trip over all of those shares!

QBID has the gay thing and that has attractivity to investors and advertisers who fancy that kind of thing. QBID, I agree has a nitch, but PRRM I believe owns more, and has the ability to do more and earn more money I believe. It would be nice to see an actual comparison of balance sheets between PRRM and QBID, but on the pinks we just have to use our imagination!

And that sure can get a stock ZOOOOOoooooooooooooooming!
good luck!

 

quote:

---

Originally posted by Forrestgump:
dump

---

Target price within 6 month: .01

Cheers
Rick

PS I'm sure by now you all know where to find me!
 

Cheers
Rick
 

1. Its Cheep!
2. Theres actual employees working!
3. The CEO Dan Burgess actualy answers the phone!
4. The O/S, A/S, Float numbers are liisted at www.pinksheets.com
5. 3 aquisitions in 12 weeks as a public company!
6. A revenue generaterating contract to manage another TV station!
7. A strong shareholder base holding much of the float LONG!
8. All of the revenues are from subcidiaries that have been in buisness!
9. Its not a concept company, full of start-ups!
10. There doing buisness with the biggest networks there are!
11. Managment is actively seeking M&A targets with positive cash flow!
12. The market certainly see this company, its not just a hidden shell!
13. A $300. million project in Stowe, VT will grow custormer base!
14. The managment is smart and works well together!
15. All of the subcidiaries are located in high traffic and volume areas!
16. No fancy furniture and wasted revenue in there personal offices!
17. No $100.000 sports cars! They drive common SUVs and reg. cars!
18. They have the respect of there community! (I saw this 1st hand)!
19. They have an open door policy with shareholders! (Just ask)!
20. Managment has a strong desire to grow the company!
21. No pump PRs! Every one has had strong merits!
22. Company issues shareholder updates, answering questions from us!
23. Managment is setting goals for the future, % annual grow exc...!
24. Managment has stated publicly, That they have no plans for a RS!
25. Pink Sheets company with Long Term Growth investment prospects!
26. It has positive cash flow!
27. 25 out of the 41 billion O/S are restricted!
28. The general shareholder base is informed and comfortable with inv.!
29. M&A targets are being puchased with .0005 shares! Greater than PPS!
30. Managment has stated that they should release #s by end of Q1 05!

I'd bet there 100 more reasons we like PRRM as an investment, but I would guess that you get the general idea by now!

Cheers
Rick

[This message has been edited by Allstocks (edited December 15, 2004).]
 

You have some good points, and I have read your posts at www.allstocks.com becuase I am a member of that chat as well and in fact I started the thread you are posting to over there (ricpick). I figure it this way, if what I post is gonna to cut and pasted all over the net I may as well join every large group and post it there my self. This gives me more visability, credit for my posts and a much larger view of what others think and what they are saying. From what I read most are very upbeat about PRRM and its future.
Dan's doing the right things and in a timely way, and there isn't much more any shareholder can ask for than that. I'm not gonna go over the list here again, but things are moving forward at a rapid pace.
Dan is also open honest and direct with shareholders. It doesnt get any better than this in the Pinks Market. I also have been doing this for many many years and have seen few who have taken this approach with shareholders. Fact is if more did, they would be so much better off! I mean what good is a good product if the company your trading has a sneaky, cheeting, lieing CEO. Thats just an obserservation of some of what I've seen and still see down here in the pinks.
PRRM is like a breath of fresh air, because of the way they are going about things, and they will be very successful and very profitable if they stay this course for the long haul, and I personaly believe they will.
Honesty is a mind set and you either are or you aren't! I spent 2 days in Stowe, for all the right reasons and I have first hand knowledge of how things are operating up there. What I saw and herd from Dan, and the others involved with PRRM makes me feel very safe with my investments. I have tried to relay as mush as I could here and many have read it and used it in there DD. Its all good kinda sums it up, I guess.
The 1% buyback idea is a good one, but because PRRM is using restricted shares for acquisitions at this point. It would only be seen as a PR move and that is certainly not what Dan is looking for now or down the road. Dan told me staight and to the point that he wants PRRM to grow by adding value and profits and that this is what he believes will grow and maintain the PPS for the long term and I have to say that I 100% agree with his mindset on this. No fluff just real stuff!
About getting the word out! This is a great stock and all of us who have done a little or a lot of DD on it see this. If I didn't like what I saw in Stowe I would have come back and told you all so and I would have sold my shares and moved on at that point. Thats just who I am. I with not rally behind something I don't believe in personaly just for my gain. That goes back to mind set as I said earlier. I seek out and find the right stocks to invest in because I dig into and under the company.
As for how high the PPS will go, thats about value of assets and profits my friend, and there coming, I have no dought about that fact. I've seen with my own eyes just how hard people are working in this company to make things happen and the CEO is at the top of that list!

Sit back relax and enjoy the ride!

Cheers
Rick

[This message has been edited by Allstocks (edited December 15, 2004).]
 

Many seeking a quick or not-so-quick double from .0001 are now gone. A blessing for the rest of us for sure. L2 did not and has not collapsed. The MM's are long. NITE is but temporary. Acting on behalf of many who will soon complete their business. From a trading perspective PRRM wants to go. Who (and why) started what we witnessed Dec. 7 I don't know. But it was all simply a tease compared to what's comin'. Far more retail positions are held at .0002 at this point than was the case pre-Dec. 7. Those seeking a double from .0001 are now fewer. L2 says the MM's are long. The fence-sitter numbers have increased thanks to the Dec. 7 exposure. We're closin' in on year end and stage one of the business plan continues. The buying will continue and NITE and the rest will react. .0001/.0002 ain't gonna last much longer. The writing's on the wall. There's a run in the making. Both the turtle and the hare are still in the race. Both very much alive and well.

PRRM stock has risen from the ashes and is in the process of sprouting wings. And the same can be said for the company behind that stock. In pennyland it's almost always a case of the story vs the stock. In PRRM's case we're lucky enough as shareholders to be part of a situation that's both story AND stock.

There's nothing to be gained from scuttling one's own boat by posting unfounded negative comments. The NITE situation ain't a mystery and is purely temporary. Just business as usual. The cellar boxing is over. It's time to take the stock to levels commensurate with overall interest, fundamentals, future value, improving company bottom line and such. And it'll be achieved courtesy of the fine efforts of both the turtle and the hare. Not just one or the other. The story (the turtle) AND the stock (the hare).

So let's post accordingly.

We all want to see green. And we will. Soon. It's what management wants too. It's what those holding the recently issued restricted stock want. It's what the MM's want. And others. How does one profit from a long position?

Everything's in our favor. On our side. Time to smile.
Ask yourselves this...

Stage one implementation involves stock issued up to a .0005 ceiling. What would the situation be were we at a stable base of say .0007/.0008? If you were the acquisition targets how would you feel about .0007/.0008 vs .0001/.0002? And how 'bout that ceiling? Well it could be raised couldn't it? Would that be a good thing or a bad thing?

WE want to see higher average trading levels. Management wants to see higher average trading levels. Those holding the restricted stock want to see higher average trading levels. Those who will eventually hold restricted stock want/will want to see higher average trading levels. The MM's want to see higher average trading levels. The fence-sitters... . Do you see it?

On Dec. 7 or shortly thereafter Rick contacted Dan by phone to tell him that shareholders were pleased with what they saw. Dan reacted accordingly.

On this one it's both story AND stock. Let's post accordingly.

We all want green.

Let's get it.

themountnman
 

quote:

---

Originally posted by Phoenixx:
I predict that my order in at .0001 wont fill, lol.

---

Yeah, but it's sure worth a try! lol
 

LAKE PLACID, N.Y., Dec 15, 2004 (BUSINESS WIRE) -- Prime Rate Investors, Inc. (OTC.PK: PRRM) announced its wholly owned subsidiary Adirondack TV-33 signed an exclusive production contract with the Olympic Regional Development Authority (ORDA) of the State of New York. ORDA was created to "manage and promote the facilities of the 1980 Olympics," receiving $70 million for its mission under Governor George Pataki alone. ORDA is the governing authority of Whiteface Mountain and Gore Mountain ski resorts, in addition to the Verizon Sports Complex, the Olympic Center and the MacKenzie-Intervale Ski Jumping Complex in Lake Placid, the "Winter Sports Capitol of the World" and host of the 1932 and 1980 Winter Olympics. Each year thousands of winter athletes train and compete in Lake Placid in every winter Olympic sport. This winter season marks the 25th anniversary of the 1980 Olympics, and ADK TV-33 is charged with ORDA events coverage, promotional video and spot advertisements and special news events segments to be featured on major networks nationwide. At 3:00 PM today WCAX in Burlington will broadcast a five minute segment featuring Whiteface Mountain. The feed is scheduled to be picked up by the Weather Channel throughout tonight.

Prime Rate Investors (OTC.PK: PRRM) is a multi-media holding company with interests in outdoor sports, e-tail, retail, print, web, television and film. The company's strategic relationships with multi-faceted, outdoor sports entities allow it to offer diverse advertising solutions to businesses seeking multi-media exposure. Based in Stowe, Vermont, its wholly owned subsidiaries include: High Angle Media, Inc., a video production company and Stowe TV-10 and ADK TV-33, RSN network affiliated cable broadcast companies.

For more information, visit the company's websites www.prrm.us and www.highanglemedia.com.

This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

SOURCE: Prime Rate Investors, Inc.

Prime Rate Investors
Dan Burgess, 802-253-0199
Fax: 888-607-9495
E-mail: info@stowetv10.com http://www.prrm.us

Copyright (C) 2004 Business Wire. All rights reserved.

Prime Rate Investors, Inc. Subsidiary High Angle Media Television Show Syndicated
Thursday December 16, 10:20 am ET

BURLINGTON, Vt.--(BUSINESS WIRE)--Dec. 16, 2004--Prime Rate Investors, Inc. (OTC.PK: PRRM) announced that the television show "Sugarbush Live," produced by its wholly owned subsidiary, High Angle Media, Inc, is being syndicated by Adelphia Cable in Burlington, VT. Beginning on Christmas Eve of 2004, the show will air on Adelphia channel 74, Thursdays, Saturdays and Sundays reaching markets north of Burlington to the Barre-Montpelier area, reaching an estimated 40,000 subscribers in the Burlington market alone. "Sugarbush Live" is hosted by Olympian Doug Lewis and his wife, ex-World Cup skier Kelley. The program's content ranges from fitness and outdoor adventure to fashion and Vermont living. The couple also host RSN's national morning show, "RSN Outdoors." "We are thrilled that Adelphia has opted to pick up the show," said High Angle Media Production Manager Pierce Williams, "it has always been a success in the Mad River Valley - as evidenced by our ratings there, and RSN Outdoors is hugely popular because of Doug and Kelley. It is also the first locally produced live show of its kind in Burlington," he concluded.

Prime Rate Investors (OTC.PK: PRRM) is a multi-media holding company with interests in outdoor sports, e-tail, retail, print, web, television and film. The company's strategic relationships with multi-faceted, outdoor sports entities allow it to offer diverse advertising solutions to businesses seeking multi-media exposure. Based in Stowe, Vermont, its wholly owned subsidiaries include: High Angle Media, Inc., a video production company, Stowe TV-10 and ADK TV-33, RSN network affiliates and cable broadcast companies that reach millions viewers annually. The company manages a third RSN affiliate, Sugarbush TV-12, in the Mad River Valley of Vermont.

For more information, visit the company's websites www.prrm.us and www.highanglemedia.com.

This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
Contact:

Prime Rate Investors, Inc.
Dan Burgess, 802-253-0199
Fax: 888-607-9495
E-mail: info@stowetv10.com
http://www.prrm.us

Source: Prime Rate Investors, Inc.
 

one of the nicest people. was almost about to loose his voice from talking so much. very hoarse. thats about it if i think of anything else ill post...

 

2. 1q of 05 or maybe sooner he will give "03 revs and forward guidance"

BJ
 

Hello Members

One again I have spoken with Dan Burgess CEO of PRRM and he had a few
new projects that he chose to share with the members of www.micropennys.com. He follows the site and is greatfull for your investment in PRRM.

First he said that backcounrty magazine the series to be aired on NESN
in 1/2 our segments is now producing the 3rd of 13 segments to be aired
over this winter on NESN and other major networks! CBS.NBC,FOX and
others have been mentioned in relation to this series and or parts of it,
in the past. Sounds great right!

Well theres more!

Just incase your not aware of it yet, there is a $300. million dollar
resort being built at the base of Stowe Mt. (condos, time shares,
single family homes, and a huge golf course) Well the delelopers of this
project (The Stowe Mt Resort Project) are giving away trips to this
resort, and High Angle Media has just completed a clip showing the resort,
and it will be introduced on NBC's "Wheel of Fortune" the week of
Valintines day!

He is working on a shareholder update and hopes that it will be ready
soon. You the members of micropennys will get this update first!

For those of you who want numbers! Dan said that getting a complilation
filing ready is very high on his priority list.

Thanks for being a member of www.micropennys.com

Cheers and stay tuned!
Rick

[This message has been edited by tarq3 (edited December 21, 2004).]
 

quote:

---

Originally posted by bleech1:
has anyone received their spin off shares of NHGP? Im guessing when they go through, it wont be trading @ .15 anymore.

---

They popped into my account this morning. 260K restricted shares.

Spanky
 

When will this stock be tradeable? At what price will it be when it is?

PLF
 

quote:

---

Originally posted by Forrestgump:
I think it will be hard to buying it back to .0001. IMHO.

---

My buy order @.0001 just went through.

Phoenixx...maybe you can get some retribution.
 

quote:

---

Originally posted by bleech1:
Anyone else back in @ .0001?

Phoenixx...maybe you can get some retribution.

---

Things that make one go...HMMMMMMMM
 

Sound off if you are in this one. I am interested in what kind of interest we have on this. The more I read about the company the better this thing looks. Talk about the potential to have a QBID style run... Sheesh...

PLF
 

quote:

---

Originally posted by bleech1:
Anyone else back in @ .0001?

Phoenixx...maybe you can get some retribution.

---

Order just filled for 20 mil @.0001.

Spanky

 

quote:

---

Originally posted by travman:
Weird, the volume for PRRM is showing as
-913315287 on Ameritrade. Negative?? What does that mean??

---

Maybe just a glitch in the Ameritrade software. My Scottrade does weird stuff on high volume too.
 

quote:

---

Originally posted by travman:
Weird, the volume for PRRM is showing as
-913315287 on Ameritrade. Negative?? What does that mean??

---

Basically it's an overflow. The volume field is probably stored at 32 bits maximum..so the largest number can be stored in a 32-bit field is 2,147,483,648 (2 to the 32nd power). Then it wraps around to zero and goes into the negative.

quote:

---

Originally posted by Phoenixx:
Company must be dumping shares on the market to fund a new acquisition? Why else would everyone be able to suddenly buy in at .0001 again...dont think everyone in this thread suddenly lost hope in this stock and started bailing...

---

Dan is looking at a target of 50-60 billion O/S with the lions share
being restricted when the 6 roll ins that he is working on are all said
and done. He reitorated that he would hope it around 55 billion at that
time!

Remember that for the shares being issued there is more than there
value being aquired!

He also wanted you to know that the company is not selling shares in
the open market and that the volume of today is due to 2 shareholders
selling 240 million and 800 million shares. Restricted shares for
acquisitions are the only shares being issued by PRRM.
Thanks
Rick
_________________
"A day without dreams is a nightmare" Rick

[This message has been edited by Allstocks (edited December 22, 2004).]
 

quote:

---

Originally posted by tarq3:
Float 21 Billion
Restricted 26 Billion
O/S 46 billion
A/S 102 billion

Dan is looking at a target of 50-60 billion O/S with the lions share
being restricted when the 6 roll ins that he is working on are all said
and done. He reitorated that he would hope it around 55 billion at that
time!

Remember that for the shares being issued there is more than there
value being aquired!

He also wanted you to know that the company is not selling shares in
the open market and that the volume of today is due to 2 shareholders
selling 240 million and 800 million shares. Restricted shares for
acquisitions are the only shares being issued by PRRM.
Thanks
Rick
_________________
"A day without dreams is a nightmare" Rick

---

[This message has been edited by Allstocks (edited December 22, 2004).]
 

quote:

---

Originally posted by bleech1:
My buy order @.0001 just went through.

---

Mine too
 

quote:

---

Originally posted by skrewball:
Yup, I'm in for 1.2 mil! I may end up picking up more...unless it runs up. In either case, I'll be happy!

---

Come on .0002!
 

quote:

---

Originally posted by lostone:
well, it's really easy to get some at .0001 now.. i was just testing, and went thru just like that..

---

OK, am I just seeing things, or did this thing just close at .0010? I was watching the webcaster at close and nearly pissed my pants.

Spanky
 

quote:

---

Originally posted by travman:
Ameritrade is showing PRRM closed at 0.001!
Up 10x in value!!
Is this for real???
My portfolio increased $18,000 value at close!

---

WOW!! I guess it did. I'm holding 50mil.
WOOHOO!
 

quote:

---

Originally posted by SPANKYPS:
OK, am I just seeing things, or did this thing just close at .0010? I was watching the webcaster at close and nearly pissed my pants.

Spanky

---

quote:

---

Originally posted by travman:
AMERITRADE IS SAYING IT CLOSED AT $0.0010. Please let this be for real!!!!

---

So is ETRADE. DAMN! 50K in a second! I don't think I'll be able to sleep tonight.
 

BJ

quote:

---

Originally posted by BJ:
MY ETRADE SHOWS SAME THING... Is that odd that it went up to .001 in a matter of 10-20 min. or do you think this is a fluke.

BJ

---

It went to .001 right at 1559. I was watching the webcaster. I'm sure it's a fluke. But one can fantasize.
 

quote:

---

Originally posted by SPANKYPS:
It went to .001 right at 1559. I was watching the webcaster. I'm sure it's a fluke. But one can fantasize.

---

quote:

---

Originally posted by buckstalker:
Looks like one fat finger trade for 10 mil at the close but only 9 mil made it through before the bell. Sorry guys!!

---

SIGH. Guess i'll take a screen shot of the balance now then.
 

Here is my holdings chart.

Sorry, my cut/paste stinks.
I hope that +.0009 is real, but I don't think so.
I did a real-time qoute and it showed .0001
again.

 

In time I guess.
 

That got my hopes up there for about 10 min, now there crushed. Gggeerrr. I'm sure everyone here got excited to. Owell

Happy Holidays

BJ

With the volume and the (fictional) 900% increase maybe this will create some exposure and intrigue some investors.

Opinions?
 

quote:

---

Originally posted by legal1082:
Well, Ameritrade still hasn't made the correction. So it is nice to look at, that's for sure! Renew's my hope! lol. I may have to buy some more when it does go back down!

---

They've fixed it now. Too bad it wasn't real
 

Many have said that all they want in numbers!

What are the values we can see without numbers?

Lets starts with 45 employees. Many of there cridentials are listed at the company web site and here in the PRRM managment thread. Those in charge are getting thing done and they have shown this in the last 14 weeks.

Has anyone reading this ever herd of a Pink Sheets company with 45 employees and serveral interns? Im not talking about 45 people in a war room selling shares either. PRRM is and was an open for buisness and revenue generating company! How many Pinks can say that?

Lets now look at the CEO and his availability to shareholders who have questions or concerns. Literaly 100s of shareholders have called Dan Burgess and talked to him and or left a call back message in his voice mail that was returned promptly. How many Pinks companies do that?

If you have called and talked to Dan Burgess, did he dodge your question? Did he rush to get you off the phone? Did he seem like he was hiding anything, or give you reason to miss trust what he said to you? Everyone I have herd talk of there conversations with Dan has said he was open, seemed honest, and directly answered there question.

Has Dan done all he said so far? Are the acquisitions and Managment deals getting done? Have they PRed some great production contract? Does it seem to you like they are sitting on there hands doing nothing? How many Pinks companies can you say are doing what you expected? How many have you owned that frustrated you to no end with worthless pump while seemingly doing nothing?

If you can answer yes to the above questions about progress, is there reason in your mind to believe they will not follow through with the 6 so far mentioned coming deals that Dan has directly said are on the table and moving along? Would you say that there is a good chance that they will get these done also? Do you think that the company will have a
higher value when they are done with the pending deals?

Lets look at PRs now! Do they appear to you to be full of fluff? Has every PR to date had merit? What of value, have the PRs to date thus far added value to PRRM as an investment? Does it seem to you that Dan is trying to use his PR to drive the share value to the moon and back? Take a good look at other Pinks companies and see how many you find that use PR to suck you in and then leave you holding the bag after a run!

Has Dan Burgess said to you that there will be no Reverse Split anytime in the near future? How many of us has he repeated that sentence to? Its the one question that every caller to the CEO asks! Do you think he is lying to that many people? I know he has said to me and others that its just not happening and that if in the future it were to happen in an effort to move the company to a higher market, that it would be kept to only the amount nessesary to make that happen and never at this PPS.

Dan is no stranger to the market and he has seen what huge RS do to Pinks Sheets companies. We, he and I have discused this at length and I know his feeling about companies taking there shareholder for a ride, and I'll say this Dan and I see eye to eye on that matter. Have you discused how he feels about RS with him? If not the next time you talk to him maybe you should!

Lets look at what we own!

Stowe TV10
ADK TV33
High Angle Media

All open for buisness and you can do a Google search if you don't trust whats stored here at micropennys for DD on them and I am sure you will find page after page of varifiable TV shows and productions from all of those. Is that revenue? Is that a dead issue company, or does that prove to you that it is an operating buisness persuing new buisness?

Who are these subcidiary doing buisness with. Big Networks? Big retail adversizers? Start by reading there PRs to see who these clients are!

NESN
FOX
Wheather Channel
NBC
ABC
CBS
RSN
ORDA
AAG/Sikorski
JEEP

The list could go on and on if you could watch there TV stations and see the adds they carry and the production they have done for many of these advertisers.

What about the Sugarbush managment deal. Do you think that is revenue generating? Do you think that brings new advertizers to the owned companies? What about Production work, does it bring in more of that?

Lets look at the ORDA contract and the $70 million dollar NY state budget ORDA has! How much of that do you think is dedicated to advertizing and Adirondack TV-33 signed an exclusive production contract with the Olympic Regional Development Authority (ORDA) covering all events coverage, promotional video and spot advertisements and special news events segments to be featured on major networks nationwide. Does that sound like revenue to you?

Whats coming? Well lets look at what Dan has a stake in that is public knowledge!

Skiershop and Skiershop online retail ski and bike sales. In a prime location pictured here on the main page of micropennys. Do you think this will bring value if its one of Dan role ins? Take a good look at the high volume and the high traffic area this Shop is located in. You may find in your search that it has been writen up in Forbes Magazine as one of the top Volume Ski Shops in the counrty and that it is located in the #1 ski destination on the East coast.

Backcountry Mag with 5000 subscribers and 20000 monthly printing. Is that revenue?

lets add!

X-stream team
Smugs TV
Backcountry TV
and who knows what else!

Does any of this tell you that Dan Burgess is new to buisness? Is every one of these open for buisness and generating revenue? Do you think Dan is gonna walk away from all of this and take your money with him? Does it seem to you that he has very strong ties to the community where he is doing buisness?

Now think about the Hilton Head deal or the Colorado deal that Dan has mentioned may be in the works to serveral callers. Maybe we should have our ears wide open when Dan says that he is looking at a $7 million dollar deal somewhere. Does it sound to you like he makes things up?

Once again I'll ask you! What is our little PRRM company worth?

Maybe you should wait till everything is on the table before investing here!

Maybe institutions will never look at PRRM.

Maybe its a deep black hole in the Canadian wilderness that few can see or understand.

Then again! What if PRRM and its Managment are everything that they appear to be!

Still think thats its only worth .0001-.0002?

21 billion float
26 billion restricted
102 billion AS
46 billion OS
as of Dec 21st 2004 per Dan Burgess CEO

Cheers and Happy Holidays!
Rick
_________________
"A day without dreams is a nightmare" Rick

 

December 27, 2004 13:49:00 (ET)

STOWE, Vt., Dec 27, 2004 (BUSINESS WIRE) -- Prime Rate Investors, Inc. (OTC.PK: PRRM) announced its wholly owned subsidiary High Angle Media has been contracted by Vermont's Jay Peak resort to design and implement a resort services channel on the popular ski area's closed circuit cable system. Also under the terms of the agreement with Jay Peak, High Angle Media will be producing a series of thirty second spot advertisements for the resort's television marketing campaign including placement on High Angle Media's Backcountry TV on NESN beginning Sunday, January 2. High Angle Media will also produce both a short historical piece and a thirty minute program delineating the history and future of Jay Peak Resort, its services, and its role in Vermont's Northeast Kingdom. Jay Peak Resort is a subsidiary of MSSI Ski Resorts that also owns and operates six ski resorts in the Laurentian Mountains of Quebec.

Prime Rate Investors (OTC.PK: PRRM) is a multi-media holding company with interests in outdoor sports, e-tail, retail, print, web, television and film. The company's strategic relationships with multi-faceted, outdoor sports entities allow it to offer diverse advertising solutions to businesses seeking multi-media exposure. Based in Stowe, Vermont, its wholly owned subsidiaries include: High Angle Media, Inc., a video production company and Stowe TV-10, an RSN network affiliate and cable broadcast company that reaches nearly a million viewers annually.

For more information, visit the company's websites www.prrm.us and www.highanglemedia.com.

How many shares of prrm did you own and what was the amount of NHGP that was given to you. Just curious..

BJ
 

quote:

---

Originally posted by BJ:

How many shares of prrm did you own and what was the amount of NHGP that was given to you. Just curious..

BJ

---

If you bought on 9-30, I don't think you get it. I think, my opinion, the trade has to clear ( about 3 days ) in order to "be of record".

If you bought on the 27th, then you would be OK.

I think I got this right. But the 9-30 is the record date.
 

What just happened? do you see somthing I don't? looks the same to me .0001-.0002

BJ

[This message has been edited by BJ (edited December 30, 2004).]

[This message has been edited by BJ (edited December 30, 2004).]
 

-JJ

quote:

---

Originally posted by stnkng1:
what is going on with the volume it just took off fling in the last 15 min. the volume is now up to 816,000,000
is this getting ready to move

---

Watcha think...

BJ
 

"IT'S NOT LUCK IT'S DAYTRADIN'"
 

1. Its Cheep!
2. Theres actual employees working!
3. The CEO Ban Burgess actualy answers the phone!
4. The O/S, A/S, Float numbers are liisted at www.pinksheets.com
5. 3 aquisitions in 12 weeks as a public company!
6. A revenue generaterating contract to manage another TV station!
7. A strong shareholder base holding much of the float LONG!
8. All of the revenues are from subcidiaries that have been in buisness!
9. Its not a concept company, full of start-ups!
10. There doing buisness with the biggest networks there are!
11. Managment is actively seeking M&A targets with positive cash flow!
12. The market certainly see this company, its not just a hidden shell!
13. A $300. million project in Stowe, VT will grow custormer base!
14. The managment is smart and works well together!
15. All of the subcidiaries are located in high traffic and volume areas!
16. No fancy furniture and wasted revenue in there personal offices!
17. No $100.000 sports cars! They drive common SUVs and reg. cars!
18. They have the respect of there community! (I saw this 1st hand)!
19. They have an open door policy with shareholders! (Just ask)!
20. Managment has a strong desire to grow the company!
21. No pump PRs! Everyone has had strong merits!
22. Company issues shareholder updates, answering questions from us!
23. Managment is setting goals for the future, % annual grow exc...!
24. Managment has stated publicly, That they have no plans for a RS!
25. Pink Sheets company with Long Term Growth investment prospects!
26. It has positive cash flow!
27. 25 out of the 41 billion O/S are restricted!
28. The general shareholder base is informed and comfortable with inv.!
29. M&A targets are being puchased with .0005 shares! Greater than PPS!
30. Managment has stated that they should release #s by end of Q1 05!
 

quote:

---

Originally posted by level2iscool2004:
30 reasons I like PRRM as an investment!

1. Its Cheep!
2. Theres actual employees working!
3. The CEO Ban Burgess actualy answers the phone!
4. The O/S, A/S, Float numbers are liisted at www.pinksheets.com
5. 3 aquisitions in 12 weeks as a public company!
6. A revenue generaterating contract to manage another TV station!
7. A strong shareholder base holding much of the float LONG!
8. All of the revenues are from subcidiaries that have been in buisness!
9. Its not a concept company, full of start-ups!
10. There doing buisness with the biggest networks there are!
11. Managment is actively seeking M&A targets with positive cash flow!
12. The market certainly see this company, its not just a hidden shell!
13. A $300. million project in Stowe, VT will grow custormer base!
14. The managment is smart and works well together!
15. All of the subcidiaries are located in high traffic and volume areas!
16. No fancy furniture and wasted revenue in there personal offices!
17. No $100.000 sports cars! They drive common SUVs and reg. cars!
18. They have the respect of there community! (I saw this 1st hand)!
19. They have an open door policy with shareholders! (Just ask)!
20. Managment has a strong desire to grow the company!
21. No pump PRs! Everyone has had strong merits!
22. Company issues shareholder updates, answering questions from us!
23. Managment is setting goals for the future, % annual grow exc...!
24. Managment has stated publicly, That they have no plans for a RS!
25. Pink Sheets company with Long Term Growth investment prospects!
26. It has positive cash flow!
27. 25 out of the 41 billion O/S are restricted!
28. The general shareholder base is informed and comfortable with inv.!
29. M&A targets are being puchased with .0005 shares! Greater than PPS!
30. Managment has stated that they should release #s by end of Q1 05!

---

BJ

[This message has been edited by BJ (edited January 02, 2005).]
 

quote:

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Originally posted by tyleemary:
You had to be on record as of 9-30

I think I got this right. But the 9-30 is the record date.

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Thanks.

And I'll comment as specifically as possible. Every MM specializes in some way(s). For some it might be ESIP/ESOP activity (stock options) for others perhaps convertibles (financing) and for others it might be a micro cap focus. And all of same (and there's much more) can certainly be legit business but can also lend themselves to self-servingly abusive behaviors. Not every S-8 is registered with the best of intentions and certainly convertible-based financings can be a death knell and a micro cap focus pretty much speaks for itself. And HDSN (formerly WIEN) just happens to be a micro cap specialist (though they're expanding since the take over). The MM world is a dog eat dog one. Competition is fierce. And survival requires bending over backwards in certain areas in order to please. MMs could care less about any of US. The retail investment community. Their focus is their bottom line. Maximizing profits at pretty much any cost(s). The very need for Reg SHO and its ilk speaks volumes about just how much the MMs care about any other than themselves. And incredibly enough that lack of care even extends to biting the hands that feed them. The very companies they are registered to make a market in. At least 7,000 of which have been driven out of existence to date by abusive shorting activities. We basically live in a world full of crooks.

Okay. So we know that MMs often specialize and can be extremely self-serving. As for trading activity your guess is as good as mine. I wrote a post a while back in response to a question posed here that outlined a plethora of trading activities that are part and parcel of session to session activity so I won't repeat myself here. The source of every share being sold none of us knows. Nor the why. And it's not important. What IS important is to focus on the big picture. To take EVERYTHING into account before drawing a self-defeating and very probably erroneous conclusion(s). And MY issue with yourself and certain others here relates to that big picture. You know yourself that you've been all over the map on this one. I'm very familiar with your posts and your prior aliases (no offense intended... I know there were reasons) and you're gung ho one minute and breathing fire the next. And to tell you the truth I admire and respect the fact that you're a careful investor. Taking little at face value. Kudos for sure. But questioning the company at every turn. Questioning every trading blip and so on is going overboard. Particularly in the absence of justification. Remember NITE? Did the speculation do us any good? Was it accurate?

This is pennyland. And it's a jungle for sure. The MMs and their ilk are on the prowl. And just like yourself I too am as careful as I can be. I'm no fonder of losing investment principal than are yourself or any other here. Be it on paper or otherwise. Remember when we were told a while back that the O/S and the float were equal at approx 20 billion? Who questioned this? I did. I wondered where the restricted stock was. No one else questioned it. Remember when we were told sometime thereafter that the O/S sat at 55 billion? Who questioned this? I did. I wondered how we got to 55 billion so soon. No one else questioned it. I'm pretty good when it comes to attention to detail. And the moment I suspect that my PRRM investment is in jeopardy for a wholly unacceptable reason(s) you can bet your you-know-what that I'll be posting about it. Real quick! Remember cass recently sharing the details of a phone conversation with Dan with the rest of us? Remember the 'factual' caution? Misinformation helps no one and serves only to disrupt.

I once owned a great looking OTC prospect that I watched as carefully as I do PRRM. And everything was fine until one fine day VFIN showed up on the ask and stayed there. And the trading pattern changed but not in a way that for example PRRM's pattern has changed over time including year end effects but in a very suspicious way. I knew that VFIN was/is a toxic financing specialist so I suspected a CD and turned out I was right. And I bailed. AND I posted a warning for the benefit of all other shareholders.

With respect to PRRM I've noticed nothing to date that has me suspicious. And I'm not questioning the company at every turn. I'm instead taking into consideration ALL circumstances before I hit the submit button. As I wish did all others here. Pennyland offers certain realities and PRRM offers certain realities. PRRM isn't available at .0001/.0002 in the absence of reason. Management to date have proved themselves worthy of our collective faith. They've so far done absolutely nothing deserving of condemnation. The no reverse statement. Talk of the OTCBB. And despite the current non-reporting status of the company management is intent on releasing numbers. And of course there's been much progress to date. And all else. Things so far are lookin' just fine.

But how 'bout with respect to the stock itself? Fundamentally we know where we stand. Stage one and such. But the stock itself? What's the deal there? Well that's the reason I keep mentioning in my posts the story/stock approach. It's all well and good that management are hard at work bringing value to shareholders. Are intent upon creating a fully operating self-sustaining company. But that doesn't mean that we as shareholders should lose near-term focus. This is pennyland where green is the objective. Any way it comes. We're all here to profit. And the sooner the better. PRRM is a prime (no pun intended) candidate for a run. Runs require liquidity. Runs require attention. Runs require MM participation. All of which are in place for PRRM. There's plenty of free trading stock. PRRM is on the radar screens of the masses. There's been significant accumulation of late. The MMs are overall long. PRRM we know is grossly undervalued. There's a huge shareholder base. We've recently escaped the cellar. We've seen the prologue (Dec. 6/7). Year end is behind us. And so on. PRRM is primed for a run.

We're here to make money. MLON made a great many huge sums of money and no one's complainin' except the uninitiated. PRRM isn't just about the business plan. We're only hurting ourselves by posting about the unsubstantiated. By questioning every trade. By speculating to the nth degree. By posting about going nowhere until we get the numbers. Etc. We've enough idiotic bashers working against us without bashing ourselves. Abusive trading activities are pretty easy to spot if one knows what to look for.

A PRRM run? Who amongst us is gonna complain? Who here wants no such thing? The latest mention of rumors? A good thing or a bad thing? And what's the first thing YOU do? You question them. Is PRRM the next group P&D target? Well let's hope so right? Let's make some money. Let's get to a higher trading base. Let's pull an MLON. Let's get some green. Is a run for whatever reason(s) going to upset the business plan in any way(s)? Be a bad thing? On the contrary it'll be a blessing for myriad very obvious reasons.

It's in our collective best interest to think before we act. No one forced any of us to invest and we're in at the bottom. How much money would MLON have recently yielded for a large holder from .0001? MLON was obvious for sure but there was money to be made. And THAT'S the bottom line.

This is pennyland and THAT'S what we need to focus on. Pennyland and the fact that it's a trader's world. Are the rumors true? ARE we about to be blessed with a bombshell PR? IS a PRRM run being discussed far and wide? Well let's hope so but in reality it doesn't matter. Because what's of greatest import is the attention. The masses lining up to jump in. Ready to make a buck or two. It's what runs are all about. It doesn't matter one iota what the spark is. What matters is that there IS a spark and that it comes at just the right time. And for PRRM the timing couldn't be better. The spring is winding tighter. Rumors? Reality? P&D? Momo? It matters not. Green is what it's all about.

We have great management and they're working hard on behalf of themselves and all of us. And the stock is trading in no suspicious way(s) whatsoever. It's trading in accordance with pennyland realities. But what we want is for the stock to be trading in accordance with COMPANY realities and then some and it'll happen ONLY if we avoid questioning the company at every turn in the absence of justification. In the absence of having considered ALL circumstances before hitting the submit button. In the absence of unjustifiably labeling the company a POS.

Know what I mean?

Time to make some money.

themountnman
 

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Trying To Be a Daytrader > TT Bad
 

[This message has been edited by tryingtobeadaytrader (edited January 02, 2005).]
 

"IT'S NOT LUCK IT'S DAYTRADIN'"
 

quote:

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Originally posted by Ktrain420:
it'sa gonna move this week........im trying to pick up more at .0001 and maybe .0002 if it starts movin'

"IT'S NOT LUCK IT'S DAYTRADIN'"

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"IT'S NOT LUCK IT'S DAYTRADIN'"
 

Thanks and GLTA
 

Add american bulls where the stars are.
http://*************.com/StockPage.asp?CompanyTicker=PRRM&MarketTicker=OTC&TYP=S

Today a White Marubozu was formed. This shows that the buyers controlled the price action from the first trade to the last trade.

The last two candlesticks formed a Bullish Piercing Line Pattern . This is a bullish reversal pattern that marks a potential change in trend. Though it is highly reliable confirmation is still recommended.

This is a call for another buying opportunity. First, be aware of what happened at after hours trading and futures. Then, follow the next session very carefully and be on your toes. This candlestick pattern is a bullish one, but we have to see whether it will be confirmed or not.

Do you see a gap-up at the market open? Do you see a white candlestick forming with a higher close at the session's end? Shortly, is it a nice bullish day? If so, increase your holdings or open new long positions.

Well, things do not go as expected sometimes. You may rather see a gap-down at the open or a black candlestick forming with a lower close in the next session. If this is the case, humbly accept the market verdict, cancel the buy orders and cover any long positions that you might have opened.

[This message has been edited by 1BigTip (edited January 02, 2005).]
 

quote:

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Originally posted by Ktrain420:
it's gonna go people ......pick it up while u can .......good to c ya bigtip

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"IT'S NOT LUCK IT'S DAYTRADIN'"

IM JUST GIVIN' YA "1BIGTIP".....TAKE IT EASY

quote:

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Originally posted by Ktrain420:
this is all over other boards, pushing it like crazy im hearing a target price of .0012 this week, keep hearing that PRRM is gonna be all over CNBC, BLOOMBERG, and such by this wedensday, so we will see if that's the case, i hope so

"IT'S NOT LUCK IT'S DAYTRADIN'"

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January 4, 2005

Closed @ 0.0002

Total Trades = 285
Total Shares = 961,052,975
Total $ Volume = $188,591

0.0001
# Trades = 15 = 5.26% of total trades
# Shares = 36,195,495 = 3.77% of total shares
$ Volume = $3,620 = 1.92% of total $ volume

0.0002
# Trades = 270 = 94.74% of total trades
# Shares = 924,857,480 = 96.23% of total shares
$ Volume = $184,971 = 98.08% of total $ volume
 

bj
 

just got off the phone with dan!!!!!
1-they are speading up phase one
2-Skiershop is a target to buy!
3-they are still looking at the coloroado target, in fact Dan is flying out there wednesday.
4-company is not, I reapeat is not selling shares.
5-best of all, Dan said they were byuing back shares on the big sell off last week-he said the filed forms for the buys they made should trickle down soon-I believe he said form 144.

 

Closed @ 0.0002

Total Trades = 321
Total Shares = 1,332,423,392
Total $ Volume = $265,570

0.0001
# Trades = 4 = 1.25% of total trades
# Shares = 9,150,000 = 0.69% of total shares
$ Volume = $915 = 0.34% of total $ volume

0.0002
# Trades = 317 = 98.75% of total trades
# Shares = 1,323,273,392 = 99.31% of total shares
$ Volume = $264,655 = 99.66% of total $ volume