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PRRM
Sept 16, 2004 8:33:15 GMT -5
Post by CashinIn on Sept 16, 2004 8:33:15 GMT -5
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PRRM
Sept 17, 2004 17:35:19 GMT -5
Post by CashinIn on Sept 17, 2004 17:35:19 GMT -5
Record volume in the PRRMs pit today. 1,926,888,832 shares were bought by MMs, and sold to us by MMs. I bought yet another 10 million. I am now holding 20 million, and might buy more. I will try to call this company Monday and report back here on what happens. If you want to learn more about PRRM go here : www.prrm.us/God Bless, and best of luck to you all-CashinIn |
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PRRM
Sept 19, 2004 18:58:28 GMT -5
Post by polish on Sept 19, 2004 18:58:28 GMT -5
CashinIn
When to prrm website for overview, This stock has tank badly this year, I am assuming the play is on Florida heavy properties damages, and this is only a short time hold. Would like any news you have on company
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PRRM
Sept 20, 2004 16:09:25 GMT -5
Post by CashinIn on Sept 20, 2004 16:09:25 GMT -5
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PRRM
Sept 21, 2004 20:21:14 GMT -5
Post by CashinIn on Sept 21, 2004 20:21:14 GMT -5
I talked to a few investors in PRRM today and some sold at .0002 I didn't sell, but will sell 10 million at .0003 At .0003, it would cover my investment and I would make $1000 profit. The other 10 million will be held for .0005 or higher. I think it is a good idear to have a sell order placed in this stock early in the game. Also you should have an exit point, and stick to it.
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PRRM
Sept 22, 2004 16:47:28 GMT -5
Post by CashinIn on Sept 22, 2004 16:47:28 GMT -5
We closed at .0003 today   Now a PR would be the iceing on the cake! But it will be hard to keep this baby at .0003 without one. Time will tell. Peace and love-CashinIn PS I didn't sell anything yet! |
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PRRM
Sept 24, 2004 11:06:52 GMT -5
Post by coinstarz on Sept 24, 2004 11:06:52 GMT -5
Hi, CashinIn.
I called PRRM. Astrom said PRRM investors wiil be happy next week. I think PR is coming. I keep buying.
Nice board!
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PRRM
Sept 24, 2004 21:02:55 GMT -5
Post by manicinvestor on Sept 24, 2004 21:02:55 GMT -5
Sounds great  IMO STOWE, Vt., Sep 24, 2004 (BUSINESS WIRE) -- Prime Rate Investors, Inc. (OTC.PK: PRRM) announced that Richard Astrom has purchased certain assets of Tampa Bay Mortgage Services, Inc., a wholly owned subsidiary of PRRM in exchange for all of his common stock in PRRM as well as the common stock of other majority intere st shareholders in PRRM. PRRM completed a share exchange and purchased a television station, Stowe TV-10 in exchange for 15 billion shares of PRRM paid to the shareholders of Stowe TV-10. Stowe TV-10 is now a wholly owned subsidiary of PRRM. PRRM then sold its wholly owned subsidiary, Tampa Bay Mortgage Services, Inc. to National Hospitality Group, Inc. which is traded on the Pinksheets under the symbol NHGP. In this transaction, each shareholder of PRRM on record at close of business on September 24, 2004 will receive one (1) share of NHGP for each 100 shares of PRRM owned on September 24, 2004. Damian Guthrie, president of Tampa Bay Mortgage Services, Inc will remain president of Tampa Bay Mortgage Services and is now the president of NHGP. The present officers and directors of PRRM have resigned and the new President is Daniel Burgess, the Vice President is Ian Lamphere and the Secretary is James Morris. Burgess, Lamphere, and Morris are also new directors of the Company along with Pierce Williams. About Stowe TV-10. Stowe TV-10 is a cable broadcast channel that carries RSN national and locally produced resort-sports programming to the Vermont towns of Cambridge, Jeffersonville and Stowe - the most unique and historic hub of skiing in the Eastern United States. From its studio in the village of Stowe, Stowe TV-10 reaches hundreds of thousands of people a year in the greater Mount Mansfield and Smuggler's Notch regions. Through the diversity of its content, Stowe TV-10 is the visitor's source for local information, and the only channel for resort sports. For more information, visit the company's websites www.prrm.us and www.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. SOURCE: Prime Rate Investors, Inc. Prime Rate Investors, Inc. Dan Burgess, 802-253-0199 info@stowetv10.com www.prrm.us Customize your Business Wire news & multimedia to match your needs. Get breaking news from companies and organizations worldwide. Logon for FREE today at www.BusinessWire.com. Copyright (C) 2004 Business Wire. All rights reserved. God is awesome Thanks to you CashIn for introducing this stock. I see this press release as being good news. On the other hand I could be completely wrong. So if others have a different opinion I would love to hear it. God bless, MI |
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PRRM
Sept 25, 2004 11:15:31 GMT -5
Post by CashinIn on Sept 25, 2004 11:15:31 GMT -5
This is what I got from the PR:
Part 1 Prime Rate Investors, Inc. (OTC.PK: PRRM) announced that Richard Astrom has purchased certain assets of Tampa Bay Mortgage Services, Inc., a wholly owned subsidiary of PRRM in exchange for all of his common stock in PRRM as well as the common stock of other majority interest shareholders in PRRM.
"RA and friends bought assets of Tampa Bay Morgage Services, a company owned by PRRM, in exchange for all their common stock. This common stock is like class B stock, this is also what we own. Companies have more then 1 class of stocks. There could be 20 billion class B shares of comman stock, and 100 shares of class A stock. The owner of class A stock is still the owner of the company. Please note, this is how AFRR, AFRT, now AFRN has been able to do R/S after R/S. Because the owner never sells his class A Stock. Not that this is AFRN, just useing them as an example."
Part 2 PRRM completed a share exchange and purchased a television station, Stowe TV-10 in exchange for 15 billion shares of PRRM paid to the shareholders of Stowe TV-10. Stowe TV-10 is now a wholly owned subsidiary of PRRM.
"Now here we are told that the share holders of Stowe TV-10 are getting 15 billion shares of PRRM. And now PRRM owns Stowe TV-10."
Part 3 PRRM then sold its wholly owned subsidiary, Tampa Bay Mortgage Services, Inc. to National Hospitality Group, Inc. which is traded on the Pinksheets under the symbol NHGP. In this transaction, each shareholder of PRRM on record at close of business on September 24, 2004 will receive one (1) share of NHGP for each 100 shares of PRRM owned on September 24, 2004. Damian Guthrie, president of Tampa Bay Mortgage Services, Inc will remain president of Tampa Bay Mortgage Services and is now the president of NHGP.
"Now they are saying PRRM sold Tampa Bay Mortgage Services, but remember RA and friends bought assets from Tampa Bay Mortage first, then sold it. And PRRM sold this to NHGP for 1 per 100 PRRM, to share holders of today (us). Also note that Damian Guthrie will be the president of both Tampa Bay Mortage and NHGP."
Part 4 The present officers and directors of PRRM have resigned and the new President is Daniel Burgess, the Vice President is Ian Lamphere and the Secretary is James Morris. Burgess, Lamphere, and Morris are also new directors of the Company along with Pierce Williams.
"Here they are saying the officers and directors of PRRM resigned, probley because they sold all their stock, note RA is not in this group. And they also tell you the names of the new guys."
Part 5 About Stowe TV-10. Stowe TV-10 is a cable broadcast channel that carries RSN national and locally produced resort-sports programming to the Vermont towns of Cambridge, Jeffersonville and Stowe - the most unique and historic hub of skiing in the Eastern United States. From its studio in the village of Stowe, Stowe TV-10 reaches hundreds of thousands of people a year in the greater Mount Mansfield and Smuggler's Notch regions. Through the diversity of its content, Stowe TV-10 is the visitor's source for local information, and the only channel for resort sports.
"Here they are just telling us about this TV station."
Bottom line PRRM bought a TV station and sold Tampa Bay Mortgage to NHGP. We will get 1 per 100 PRRM dividend. This is what I got out of this PR, if I am wrong, please post my error, thanks-CashinIn
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PRRM
Sept 25, 2004 11:16:57 GMT -5
Post by CashinIn on Sept 25, 2004 11:16:57 GMT -5
Go here for lots of DD on PRRM: tinyurl.com/6olg9 there is a 51+ pages of investors talking about PRRM. Once you get there you can skip to about page 40 and read from there. |
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PRRM
Sept 25, 2004 11:22:12 GMT -5
Post by CashinIn on Sept 25, 2004 11:22:12 GMT -5
More DD from Pink Sheets: PRRM -- Prime Rate Investors, Inc. Com (No Par) Company Business Description: Stowe TV-10 is a cable broadcast channel thatcarries RSN national and locally produced resort-sports programming to theVermont towns of Cambridge, Jeffersonville and Stowe ? the most unique andhistoric hub of skiing in the East. Address: 145 South Main St. Stowe VT 05672 USA Phone: 802-253-0199 Company Website: www.prrm.usOfficers: Daniel Burgess, Pres. & CEO; Iam Lamphere, VP; James Morris, Sec't.; Pierce Williams, Dir. Shares Outstanding: 15,619,218,278 as of 2004-09-27 Estimated Market Cap: 3.123M as of 2004-09-23 Current Capital Change: Stk. Div.=10% Ex-Date: 2004-08-30 Record Date: 2004-09-01 Pay Date: 2004-09-08 Dividends: None State of Incorporation: NV Company Notes: Formerly=Rocky Mountain Ginseng, Inc. until 6-02 Note-4-02 State of Incorporation Colorado changed to Nevada Class Notes: Capital Change=shs decreased by 1 for 5 split. Effective date=7-17-01 Capital Change=shs decreased by 1 for 500 split. Pay date=12/31/2003. Transfer Agents: Signature Stock Transfer, Inc., Plano, TX 75093 The information provided here has been obtained from publicly available sources as well as directly from issuers in some cases. www.pinksheets.com/quote/company_profile.jsp?symbol=prrm |
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PRRM
Sept 25, 2004 11:40:43 GMT -5
Post by CashinIn on Sept 25, 2004 11:40:43 GMT -5
Welcome abord Coinstarz! Hi, CashinIn. I called PRRM. Astrom said PRRM investors wiil be happy next week. I think PR is coming. I keep buying. Nice board! |
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PRRM
Sept 25, 2004 15:46:30 GMT -5
Post by manicinvestor on Sept 25, 2004 15:46:30 GMT -5
So we get to keep our PRRM shares and get 1 share of NHGP for every 100 PRRM share ? That is what I am reading.
I am also thinking PRRM pps will rise next week on this news. It looks to me they are not the scam that I have read about on other boards. IMO.
God bless,
MI
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PRRM
Sept 25, 2004 22:09:03 GMT -5
Post by CashinIn on Sept 25, 2004 22:09:03 GMT -5
That's what it sounds like to me also Manicinvestor. We keep our PRRM and get a dividend:) So we get to keep our PRRM shares and get 1 share of NHGP for every 100 PRRM share ? That is what I am reading. I am also thinking PRRM pps will rise next week on this news. It looks to me they are not the scam that I have read about on other boards. IMO. God bless, MI |
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PRRM
Sept 28, 2004 9:34:08 GMT -5
Post by manicinvestor on Sept 28, 2004 9:34:08 GMT -5
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IMO