Prize Pizza Now Open! CARSON CITY, Nev., Apr 28, 2004 /PRNewswire-FirstCall via COMTEX/ -- Palomar Enterprises, Inc. (OTC Bulletin Board: PALR) has successfully opened the first of several planned Prize Pizza locations. The Tempe, AZ. facility is the flagship location, created by Award-Winning design firm, McKenzie Design, LLC. A competent, experienced management team is in place, with ovens running and pizza being served to the public starting Thursday, April 29th. Coin operated video games and prize redemption games are in place, creating an atmosphere that is second to none. Prize Pizza is an all you can eat restaurant, complete with salad bar, beverage bar, and entertainment zone for the entire family.
Palomar Enterprises, Inc. has commitments for several additional locations to be built throughout the United States and will use the Tempe location as a blueprint to expedite the build-out of these locations. The Company is positioning itself to become a competitor by expanding and taking market share in this high-margin specialty restaurant niche. www.palomarenterprises.com
Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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I see money being made here but I would like to play the "W" dance on the peaks and dips before any R/S takes place. If played correctly, some decent bank can be made. As the old saying goes "free" your shares, and your azz will follow.......heh heh.
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I have two questions: How the hell did that PR not move this stock's price? Did anyone notice VFIN get nervous as soon as the pr was out and try to cover at .0071?
Posts: 1019 | From: Are You With The CIA? | Registered: Dec 2003
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No one saw this news, yesterday? I know this is dropping in price, but........
Press Release Source: Palomar Enterprises, Inc.
Letter to the Shareholders from Palomar Enterprises Inc. Monday May 10, 6:42 pm ET
CARSON CITY, Nev., May 10 /PRNewswire-FirstCall/ -- Palomar Enterprises, Inc. (OTC Bulletin Board: PALR - News) has successfully completed the initial goals that it has set forth in its business plan. In the past eleven months, PALR has executed and accomplished: a. A REAL ESTATE/MORTGAGE BROKERAGE GROUP: PALR is registered with the California DRE and is generating revenue from its real estate and mortgage division;
b. PROPERTY ACQUISITION and DEVELOPMENT GROUP: PALR has successfully completed its first real estate asset with the purchase of an income producing property for $ 377,000.00. PALR has the purchase of a commercial office building pending, valued at $ 1,400,000.00;
c. PRIZE PIZZA NOW OPEN!: PALR has successfully opened Prize Pizza, an all you can eat pizza restaurant with state of the art video and prize redemption games for the entire family. The TEMPE, AZ. location is the first of several planned facilities to open and has received an over-whelming response to the design, food and the atmosphere from the public. PALR plans to open several more locations throughout the Western United States.
The management of PALR is determined to bring long-term value to its shareholders. The company plans to increase its revenues, moving towards earnings. PALR seeks to increase its assets to meet the requirements for an exchange listed company. Thank you for your continued support as we endeavor to reach these goals.
Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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I'd love to, Hitme101, but I don't know where the bottom is. They were positioned to make a nice run, and pissed on the hot coals by increasing A/S, and warning of a 1 /250 R/S.
quote:Originally posted by HitMe101: Should we be Re-investing at this point.0045??
Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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Press Release Source: Palomar Enterprises, Inc.
Palomar Enterprises, Inc. Adds New Revenue Stream Thursday June 3, 3:00 pm ET
CARSON CITY, Nev., June 3 /PRNewswire-FirstCall/ -- Palomar Enterprises, Inc. (OTC Bulletin Board: PALR - News) Announces the signing of a contract with Price Right Auto Group of Fenton, Michigan. Palomar Enterprises has engaged as a direct lender to Price Right Auto Group, to provide capital on a fully secured basis. Price Right Auto Group provides financing to their clients for the purchase of their vehicles. Palomar Enterprises receives a 12% annual rate of return (fully amortized) on all capital provided. Palomar Enterprises has provided $102,442.50 to the company to date, with plans to expand this division over the next several months. The initial transaction provides Palomar Enterprises a revenue stream of $9,561.30 per month, as well as an increase in the Company's assets.
Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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WILL, can you tell us more about the 1/250 split. After all of the good PR there must be some reason this stock hasn't taken off. I know you have been following this one close. What is your take on the reason for the down turn.
Posts: 12 | From: Sierra Vista, AZ, USA | Registered: Jan 2004
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