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I had made a bet with someone that I would not post about this stock again until news came out-so here is the news-----------Prime Rate Investors Announces Management Restructuring Business Wire - January 10, 2006 15:22
STOWE, Vt., Jan 10, 2006 (BUSINESS WIRE) -- Prime Rate Investors, Inc. (Pink Sheets:PRRM), an outdoor sports and media company, announced it is restructuring management to better emphasize and streamline its wholesale and retail operations in Colorado and Vermont and increase market share of the Company's majority owned subsidiary, Stockli Ski USA, the U.S. distributor of the Swiss crafted Stockli line of Skis. The company announced that Charlie Webb of CJ Webb, Inc. will now spearhead sales for Stockli Ski USA. Mr. Webb has nearly 30 years of ski hard goods sales experience and enjoys a reputation as one of the top selling hard goods reps in the country. The Company also announced it is shifting more emphasis on the creation of original programming for national syndication.
Certain of the statements contained herein may be, within the meaning of the federal securities laws, "forward-looking statements," which are subject to risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. These forward-looking statements are based on management's expectations as of the date hereof, and the company does not undertake any responsibility to update any of these statements in the future.
SOURCE: Prime Rate Investors, Inc.
Prime Rate Investors, Inc. Dan Burgess, 802-253-0199 dan*highanglemedia.com
Copyright Business Wire 2006
[ February 15, 2006, 17:12: Message edited by: Bob Frey ]
Posts: 3056 | Registered: Feb 2005
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It is also great to know that Dan and company are still alive and kicking, and are not going BK. like a lot of people thought! __________________
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I don't think PRRM is going BK. They are just building the company off the shareholders money and drove the stock to worthless. There is good companies and bad stocks. It doesn't matter that they are expanding when they did it by selling so many shares that even if the company went to the fortune 500 the stock would still be worthless and thats a fact... Thats what people don;t understand about this. They spent your money and then borrowed off more then more then more with no reguard to the shareholders and no intent of ever paying it back.
When they are finished and no one will buy it no more then they will r/s it to were the current shareholders have nothing. Then maybe the next group will or will not get ripped off again.
-------------------- Invest with your brain not with your heart. Posts: 4405 | From: Bristol, Tn, USA | Registered: Aug 2004
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Prime Rate Investors, Inc Announces Relationship with New Weather Provider Wednesday January 11, 12:33 pm ET
STOWE, Vt.--(BUSINESS WIRE)--Jan. 11, 2006--Prime Rate Investors, Inc. (Pink Sheets:PRRM - News) announced it has retained the services of Best Ski Weather (.com) to be the exclusive weather provider for the Company's wholly owned subsidiary Stowe TV-10. Best Ski Weather is the leading national mountain-specific weather service provider and will provide Stowe TV-10 with live radars, graphics and short and long term weather forecasts for the Stowe based RSN affiliated cable broadcast company. Best Ski Weather also provides forecasts for the operational and marketing initiatives of many resorts in N. America including Snowbird, Sugarloaf, Fernie, Lake Louise, Sugarbush, Mount Snow, Killington, Stowe, Ascutney and Jay Peak. Best Ski Weather offers free tickets to these resorts to its "Powder Alert" subscribers through its website, and as part of the relationship, Best Ski Weather and Skiershop will be offering free lift tickets to many of the above listed resorts with purchases from Skiershop. Visit www.skiershop.com and www.bestskiweather.com for more information. ADVERTISEMENT
Certain of the statements contained herein may be, within the meaning of the federal securities laws, "forward-looking statements," which are subject to risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. These forward-looking statements are based on management's expectations as of the date hereof, and the company does not undertake any responsibility to update any of these statements in the future.
Contact: Prime Rate Investors, Inc. Dan Burgess, 802-253-0199 dan*highanglemedia.com www.primerateinvestors.com
-------------------------------------------------------------------------------- Source: Prime Rate Investors, Inc.
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For sales and advertising information E-mail: ilamphere*adelphia.net
I wonder if this is the Ian Lamphere, Vice President of PRRM? I'm willing to bet it is.
If these guys ever decide to merge all the tv stations, ski shops, and now weather outfits, they seem to have thier hands into, they could have themselves one hell of a company and I don't think they would be sitting at .0001.
Posts: 1637 | Registered: Apr 2004
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For sales and advertising information E-mail: ilamphere*adelphia.net
I wonder if this is the Ian Lamphere, Vice President of PRRM? I'm willing to bet it is.
If these guys ever decide to merge all the tv stations, ski shops, and now weather outfits, they seem to have thier hands into, they could have themselves one hell of a company and I don't think they would be sitting at .0001.
For sales and advertising information E-mail: ilamphere*adelphia.net
I wonder if this is the Ian Lamphere, Vice President of PRRM? I'm willing to bet it is.
If these guys ever decide to merge all the tv stations, ski shops, and now weather outfits, they seem to have thier hands into, they could have themselves one hell of a company and I don't think they would be sitting at .0001.
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more big news-3 pr's. this week!-Press Release Source: Prime Rate Investors, Inc.
Prime Rate Investors, Inc. Announces Relationship with Subaru Thursday January 12, 9:45 am ET
STOWE, Vt.--(BUSINESS WIRE)--Jan. 12, 2006--Prime Rate Investors, Inc. (Pink Sheets:PRRM - News) announced the Company's relations with Twin City Subaru of Montpelier, Vermont regarding the sponsorship of one or more of the Company's subsidiaries including, but not limited to, Backcountry TV and High Angle Media. Twin City Subaru is one of Vermont's largest Subaru dealerships and considers the Tribeca -- Subaru's high performance SUV -- to be not only compatible with Prime Rate Investors' outdoor sports initiatives, but the singular exemplar of vehicles in its class. "We are hungry," enthused Armel Mends-Cole on behalf of the dealership, "and Vermont is about outdoor sports with the third most skier visits of any state in the U.S.," he continued. Pending finalization, Twin City Subaru and the Company will designate Subaru vehicles to represent initiatives of the Company's subsidiaries throughout the Northeast. "A relationship with Subaru here in our home in the Northeast only paves the way for greater North American representation throughout cross-marketing initiatives across the continent," said Prime Rate Investors President Dan Burgess. For more information regarding Twin City Subaru visit www.vtcars.com or call 800-696-7550. ADVERTISEMENT
About Prime Rate Investors, Inc: For information regarding Prime Rate Investors or any of its outdoor sports and media subsidiaries visit www.primerateinvestors.com.
Certain of the statements contained herein may be, within the meaning of the federal securities laws, "forward-looking statements," which are subject to risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. These forward-looking statements are based on management's expectations as of the date hereof, and the company does not undertake any responsibility to update any of these statements in the future.
Contact: Prime Rate Investors, Inc. Dan Burgess, 802-253-0199 dan*highanglemedia.com www.primerateinvestors.com
-------------------------------------------------------------------------------- Source: Prime Rate Investors, Inc.
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All this is great for PRRM but will it mean anything to the stock holders???
Posts: 72 | From: So. California | Registered: Aug 2005
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from another borad--- Posted by: TJW In reply to: None Date:1/12/2006 10:03:56 AM Post #of 32557
These pr's will help clean house! Get those who want to sell out, and then hit the steadier hands with the bigger pr's that will move the pps. IMO
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A lot of after hour trades-at 16 minuites after 4:00-wonder what press is on the way tomorrow?
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maybe something is up------ 17 million at 8:10 traded-- Historical Time & Sales Stock Symbol Trade Date Price Range Trade Size Trades per Page Today 1 day ago 2 days ago 3 days ago 4 days ago Min Max Min Max (Max 400)
PRRM(2006/01/18) Time (EST) Volume Price Exchange Bought/Sold Tran/Type Legend 08:10:48 9000000 0.0001 + OTCEQ_NBB T (F) 08:10:48 8828376 0.0001 OTCEQ_NBB T (F)
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quote:Originally posted by eddy: maybe something is up------ 17 million at 8:10 traded-- Historical Time & Sales Stock Symbol Trade Date Price Range Trade Size Trades per Page Today 1 day ago 2 days ago 3 days ago 4 days ago Min Max Min Max (Max 400)
PRRM(2006/01/18) Time (EST) Volume Price Exchange Bought/Sold Tran/Type Legend 08:10:48 9000000 0.0001 + OTCEQ_NBB T (F) 08:10:48 8828376 0.0001 OTCEQ_NBB T (F)
is that unusual for the stock? or has it happened before?
Posts: 3086 | From: miami | Registered: Nov 2005
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so only for pinksheets its unusual? because pccn has traded over 80 million so far...and thats garbage stock
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more great news this morning!!!!!!!------Prime Rate Investors, Inc. Announces Mortgage Payoff Jan 19, 2006 9:00:00 AM Copyright Business Wire 2006 STOWE, Vt.--(BUSINESS WIRE)--Jan. 19, 2006--
Prime Rate Investors, Inc. (Pink Sheets:PRRM) is pleased to announce that it has made the final scheduled payment on the mortgage for its wholly owned subsidiary cable broadcast company Stowe TV-10. "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 www.primerateinvestors.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 dan*highanglemedia.com www.primerateinvestors.comPosts: 3056 | Registered: Feb 2005
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quote:Originally posted by Beckstercj: I have a stupid question.
What does it mean when the following happens?
0.0001 5000 OTO 12:35:08 0.00 5000 OTO 12:27:24
All the trades were 1000000 shares or more then this happens. Can some one tell me what it means.
Thank you!
someone bought 5,000 shares at .0001----the .00 was either a sell or buy under .0001-jmo-it was a buy at .00009-a friend of mine got filled at .00009 last week and the trade showed up as .00
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more great news this morning!!!!!!!!!----------------------Prime Rate Investors, Inc. Announces Steamboat TV-18 Launch Date Jan 26, 2006 9:00:00 AM Copyright Business Wire 2006 STEAMBOAT SPRINGS, Colo.--(BUSINESS WIRE)--Jan. 26, 2006--
Prime Rate Investors, Inc. (Pink Sheets: PRRM) announced the Company's newly established RSN broadcast affiliate station Steamboat TV-18 is scheduled to launch February 8, 2006. Steamboat TV-18 is based in Steamboat Springs, CO and will be carried by Comcast Cable under agreement with Comcast Corporation (NASDAQ:CMCSA) (NASDAQ:CMCSK). "We are thrilled to be announcing our on air date to the community," said Steamboat TV-18 Station Manager Nathan Pickens. Pickens brings over a decade of TV production experience, including four years of station management experience, to the company. "Nate is an extremely valuable asset to the Company and we have every confidence that he will deftly lead Steamboat TV-18," enthused 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 www.primerateinvestors.com. For more information on Comcast Corporation, visit www.comcast.com. For more information on Steamboat, Colorado, visit www.steamboatchamber.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 dan*highanglemedia.com www.primerateinvestors.comPosts: 3056 | Registered: Feb 2005
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This reminds me of QBID-everyone hated it for a couple of years, they called Frank every name in the book. they had 5 bashers to every 1 long. they had a bunch of mm's on the .0001 ask for quite awhile-then one day it took off!
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Maybe eddy, but the end result is the same (0.0001). I have stock in both of them so i'm pulling for them either way.
Posts: 72 | From: So. California | Registered: Aug 2005
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to get out of the .0001 jail that we are in, JMHO- If Dan can start closing on the LOI's that have been released in pr's. and he does the name change, and does financials, and so many other items that have been mentioned the last 18 months. If he does these things, he will gain confidence of all investors and this thing will fly up-jmho-COME ON DAN!!! YOU CAN DO IT, AND BE THE FIRST EVER LEGIT PINKSHEET ceo!!!!!!!!!!!!
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