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PRRM-the one for 2006?
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[QUOTE]Originally posted by eddy: [QB] PRRM -- Prime Rate Investors, Inc. Com (No Par) COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES: CLARIFICATION of Prime Rate Investors, Inc. January 19 Press Release STOWE, Vt., Jan 31, 2006 (BUSINESS WIRE) -- Prime Rate Investors, Inc. (Pink Sheets:PRRM) wishes to issue the following clarification to its release, BW5298, (VT-PRIME-RATE-INVESTORS) "Prime Rate Investors, Inc. Announces Mortgage Payoff" issued Thursday, January 19, 2006: Prime Rate Investors, Inc. (Pink Sheets:PRRM) issued this clarification of a press release issued by the Company on January 19, 2006 in response to subsequent inquiry. The Company had announced it had made the final scheduled payment on the mortgage for its wholly owned subsidiary cable broadcast company Stowe TV-10. The Company has further delineated that this payment has eliminated Stowe TV-10's debt related to the purchase of the lease agreement of channel 10 from its former holder and is not related to the purchase of any real estate. Under the terms of the purchase, the Company's lease of channel 10 is self renewing every 10 years, as under the previous owner. "We are excited that the mortgage has been paid on time and in full. We are looking forward to this asset appreciating greatly," said Prime Rate Investors President Dan Burgess. About Prime Rate Investors, Inc: For information regarding Prime Rate Investors or any of its outdoor sports and media subsidiaries visit [URL=http://www.primerateinvestors.com.]www.primerateinvestors.com.[/URL] 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. [/QB][/QUOTE]
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