posted
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...
Posts: 0 | Registered: A Long Time Ago!
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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...
Posts: 118 | From: Los Angeles, CA | Registered: Dec 2004
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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).]
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).]
Posts: 118 | From: Los Angeles, CA | Registered: Dec 2004
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posted
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! Posts: 122 | From: Qatar | Registered: Nov 2004
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posted
well, it's really easy to get some at .0001 now.. i was just testing, and went thru just like that..
Posts: 2666 | From: san jose,ca usa | Registered: Sep 2002
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posted
Ameritrade is showing PRRM closed at 0.001! Up 10x in value!! Is this for real??? My portfolio increased $18,000 value at close!
Posts: 118 | From: Los Angeles, CA | Registered: Dec 2004
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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!
posted
AMERITRADE IS SAYING IT CLOSED AT $0.0010. Please let this be for real!!!!
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
Posts: 118 | From: Los Angeles, CA | Registered: Dec 2004
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posted
My Ameritrade account shows .0001, and so does every other chart. No movement
Posts: 277 | From: San Jose, CA USA | Registered: Dec 2004
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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.
posted
Might have had trades after the bell...Scottrade shows it at 4:07PM EST. OTCCharts however shows the last trade before the bell was .0001 at 3:56PM
Posts: 0 | Registered: A Long Time Ago!
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posted
Looks like one fat finger trade for 10 mil at the close but only 9 mil made it through before the bell. Sorry guys!!
Posts: 4303 | From: DSA | Registered: Dec 2003
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posted
Yeah, I have to agree this is a fluke. There were no press releases and most charts don't show it. But I will sit and dream for tonight, until tomorrow Posts: 122 | From: Qatar | Registered: Nov 2004
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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.
posted
Maybe they want to show us the price for tomorrow? Early X-mas gift. LOL
Posts: 395 | From: algonquin,il,usa | Registered: Sep 2004
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posted
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!
Posts: 784 | From: washington, DC | Registered: Aug 2004
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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
Posts: 277 | From: San Jose, CA USA | Registered: Dec 2004
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posted
I found this thread on PG2 here and I'm hoping that the readers here give this stock a good hard look before passing on it! I'm not telling you to buy it, but I am strongly suggesting that you DD it when you done reading this post! Rick
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
posted
i hope this company goes up too.. but i wouldn't think it's gonna happen soon.. The O/S is high, the float is high.. i don't know how a stock like this would rise much. Sure, the company can make money.. and the officers and employees would be well off.. to make that stock rise, there's a lot of work to be done, like a huge huge buy back.. actually, if they're willing to spend 4 mil right now to have a sneak buy back of 20 billion shares at 0.0002, that would be promising.. but it's prolly tough to buy back that amount without notice..
Posts: 2666 | From: san jose,ca usa | Registered: Sep 2002
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posted
Prime Rate Investors, Inc. Subsidiary Contracted by Jay Peak Resort
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.
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