STOWE, Vt.--(BUSINESS WIRE)--Jan. 5, 2005-- Prime Rate Investors, Inc. (OTC.PK: PRRM) announced its subsidiary High Angle Media, Inc. has signed a letter of engagement for the production of the feature film "The Magic Snowman II," the sequel to the 1988 feature family film distributed by Miramax Films and Artisan Entertainment. The character of the Magic Snowman is again to be voiced by Roger Moore, with principal production taking place in Vermont and Slovenia in the winter of 2005-'06. The production budget for the U.S. portion of the sequel's production is $1.6 million. The holiday-oriented film shot in High Definition video format will also benefit the United Nations Children's Fund (UNICEF), the principal motivation for the casting of Moore and Vanessa Redgrave (voice of the Wind), in addition to other cast members still in negotiation. "We are ecstatic about High Angle Media's production involvement with the Magic Snowman," said Prime Rate Investors President 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. 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.
Company contact: Dan Burgess: Telephone: 802-253-0199 FAX: 888-607-9495 http://www.prrm.us E-mail: info@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.
KEYWORD: NORTH AMERICA VERMONT UNITED STATES INDUSTRY KEYWORD: ENTERTAINMENT MOTION PICTURES TV AND RADIO SOURCE: Prime Rate Investors, Inc.
CONTACT INFORMATION: Prime Rate Investors, Inc. Dan Burgess, 802-253-0199 FAX: 888-607-9495 http://www.prrm.us E-mail: info@stowetv10.com
quote:Originally posted by tic_toc: Business Editors
STOWE, Vt.--(BUSINESS WIRE)--Jan. 5, 2005-- Prime Rate Investors, Inc. (OTC.PK: PRRM) announced its subsidiary High Angle Media, Inc. has signed a letter of engagement for the production of the feature film "The Magic Snowman II," the sequel to the 1988 feature family film distributed by Miramax Films and Artisan Entertainment. The character of the Magic Snowman is again to be voiced by Roger Moore, with principal production taking place in Vermont and Slovenia in the winter of 2005-'06. The production budget for the U.S. portion of the sequel's production is $1.6 million. The holiday-oriented film shot in High Definition video format will also benefit the United Nations Children's Fund (UNICEF), the principal motivation for the casting of Moore and Vanessa Redgrave (voice of the Wind), in addition to other cast members still in negotiation. "We are ecstatic about High Angle Media's production involvement with the Magic Snowman," said Prime Rate Investors President 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. 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.
Company contact: Dan Burgess: Telephone: 802-253-0199 FAX: 888-607-9495 http://www.prrm.us E-mail: info@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.
KEYWORD: NORTH AMERICA VERMONT UNITED STATES INDUSTRY KEYWORD: ENTERTAINMENT MOTION PICTURES TV AND RADIO SOURCE: Prime Rate Investors, Inc.
CONTACT INFORMATION: Prime Rate Investors, Inc. Dan Burgess, 802-253-0199 FAX: 888-607-9495 http://www.prrm.us E-mail: info@stowetv10.com
posted
1.6 mil budget is almost nothing.. but i guess it's better than nothing.. i don't think it will move on this PR.. also b/c most of the ppl are already in this thing.. i don't think there will be fresh meat with this kind of PR. we need more..
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posted
Honestly, it's has great potential, but I wouldn't be surprised if this thing sits at .0002 for another year AT LEAST. A lot of their projects are long term, so they won't see the returns for a long time.
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quote:Originally posted by lostone: 1.6 mil budget is almost nothing.. but i guess it's better than nothing.. i don't think it will move on this PR.. also b/c most of the ppl are already in this thing.. i don't think there will be fresh meat with this kind of PR. we need more..
This PR should have blown the roof off this stock! Unless.... the company is dumping shares to pay the 1.6 million for the U.S. budget.
Speculation on Holiday Hits (movies) is BIG Time!!! Should have attracted many an investor.
quote:Originally posted by justplayin: This PR should have blown the roof off this stock! Unless.... the company is dumping shares to pay the 1.6 million for the U.S. budget.
Speculation on Holiday Hits (movies) is BIG Time!!! Should have attracted many an investor.
Makes sense...but they say they are not dumping shares.... Why is it not moving with this much volume? ...and this kind of news??
posted
I just told you why. Deals are great, but it's the END result of deals that move the price. And most of their deals are long term. Therefore, prepare to sit on this thing for another year. Then it will run.
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quote:Originally posted by Repoman75: I just told you why. Deals are great, but it's the END result of deals that move the price. And most of their deals are long term. Therefore, prepare to sit on this thing for another year. Then it will run.
MANY, many, many investors jump in on possible end results years prior to the release of holiday movies. Net proceeds are what cause investors to jump ship.
No offense to anybody, but "I heard from a friend that they were not dumping shares" isn't that solid to me. Also, they may not be dumping shares today......
I will try to contact the company to hear with my own ears what their plans are for shareholders.
This pos has great potential IMHO, but the A/S and O/S needs to be reduced to see major movement.
[This message has been edited by justplayin (edited January 05, 2005).]
posted
Is there no money to be made in the pinks? I'm down a few thousand and now what? Stuck with another POS? Should I just move my money to IBM and collect my 5% return and quarterly dividend?
posted
A little more detail into the world of PRRM
" PRRM-from the ceo- 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 colorado target, in fact Dan is flying out there wednesday. 4-company is not, I repeat 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. "
Source: Reliable.
------------------ FurrySound -DD-GLTA-Unless I've quoted a source, I know not what I speak of.
posted
Prime Rate Investors, Inc. Announces Feature Film Contract STOWE, Vt., Jan 5, 2005 (BUSINESS WIRE) -- Prime Rate Investors, Inc. (OTC.PK: PRRM) announced its subsidiary High Angle Media, Inc. has signed a letter of engagement for the production of the feature film "The Magic Snowman II," the sequel to the 1988 feature family film distributed by Miramax Films and Artisan Entertainment. The character of the Magic Snowman is again to be voiced by Roger Moore, with principal production taking place in Vermont and Slovenia in the winter of 2005-'06. The production budget for the U.S. portion of the sequel's production is $1.6 million. The holiday-oriented film shot in High Definition video format will also benefit the United Nations Children's Fund (UNICEF), the principal motivation for the casting of Moore and Vanessa Redgrave (voice of the Wind), in addition to other cast members still in negotiation. "We are ecstatic about High Angle Media's production involvement with the Magic Snowman," said Prime Rate Investors President 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. 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.
posted
things to me are looking good, PR, I wont be selling any of my shares as of now. Just buying more. Good things to come. n now while it cheap, posts here are great, I like what Im hearing
[This message has been edited by BJ (edited January 05, 2005).]
posted
I've got a litle of this 3.5M and will hold for a few months to see what happens. over 2B traded the other day with no price movement. Must be a ton of shares but at .0001 I can afford to wait. Little risk
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quote:Originally posted by MB: I've got a litle of this 3.5M and will hold for a few months to see what happens. over 2B traded the other day with no price movement. Must be a ton of shares but at .0001 I can afford to wait. Little risk
How big to people realistically see this stock going?
posted
Hey everyone, I just emailed them and asked about the buy back of shares. Also i asked when can we see this stock price rise, with a volume of over 2 billion and no movement. Also, i informed them, if for some reason they were unaware, that every part of the company is growing except for their share price. Furthormore i included that their shareholders are very loyal and willing to stick with this company.
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posted
that is all and good, but without a reply it does not mean much.
I e-mailed George Bush once, told him I thought he was a moron, no reply.
let us know if they reply,
thanks and no offense to Bush lovers
quote:Originally posted by Leanlow: Hey everyone, I just emailed them and asked about the buy back of shares. Also i asked when can we see this stock price rise, with a volume of over 2 billion and no movement. Also, i informed them, if for some reason they were unaware, that every part of the company is growing except for their share price. Furthormore i included that their shareholders are very loyal and willing to stick with this company.
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