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We believe that PRRM may have been naked shorted by the Hedge funds and or market makers. We have seen the power that share holder groups can create, by adding up their shares and possibly take actions that become necessary. We ask you to join our PRRM share holders group FREE of charge and help fight against the naked shorting of our company.

Thank you for your help.


                                   PRRM's

   Authorized Shares: 80,000,000,000

Outstanding Shares: 62,977,154,400 as of 2005-03-11

                           Float: 29,289,934,558 as of 2005-03-11 

Number of Shareholders of Record: 3,142

STOWE, Vt., May 09, 2005 (BUSINESS WIRE) -- Prime Rate Investors, Inc.'s (OTC.PK: PRRM) board of directors announced it decided unanimously to reduce the company's authorized shares to 80 billion shares of PRRM common stock.

Groups Share Count

 

Count updated as of                             7/22/05

Total shares held in E form          2,701,366,693

Total shares held in Certs                 21,000,000

Total shares held                         2,722,366,693

Total share holders                                     128

 

Remember to visit our advertising page as those who are sponsoring this site are extremely important to our success. We are also in need of funds Please consider an add, personal or vote. Thank you.

Or you can make a small donation here, if you like. Your help is greatly appreciated.

FREE

Join PRRM shareholder group or edit your share count information here.

Please note that all submissions are personally checked prior to being added to the totals. If we do not get a valid email address, your numbers will not be added. If you claim to have a substantial holdings and are not willing to verify it, we will not add it to our totals.

Submit your shares here

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Our Goals

To help protect the value of shares in PRRM, from being manipulated by the markets. We have access to SEC attorneys and will consult with them on an as needed basis. We will also use all legal means, affordable and available, to protect the value in shares of PRRM.

Hopefully you have all ready determined to join this group.

Organization News

Prime Rate Investors Addresses Shareholder Inquiries of Naked Short Selling
5/18/2005 11:30:02 AM
STOWE, Vt., May 18, 2005 (BUSINESS WIRE) -- Prime Rate Investors, Inc. (OTC.PK: PRRM) responded to shareholder concerns regarding the naked short selling of its common stock and urged shareholders to request that their shares be delivered to them in certificate form from their broker/dealers in order to mitigate the manipulative practice.

Management also emphasized that the Company is investigating the possibility of its stock being naked shorted and applauds Pink Sheets, L.L.C. CEO R. Cromwell Coulson's petition to SEC Secretary Jonathan Katz to amend Rule 3360 to require short interest reporting for all OTC equity securities. "Manipulative naked short selling by broker-dealers operates as a fraud on the market causing investors to lose confidence in the fairness and legitimacy of OTC markets," Cromwell wrote in his petition.

"While short selling may have its place in fair market practices," said PRRM President Dan Burgess, "naked short selling undermines the market's ability to justly and accurately reflect the price of equity securities, untowardly affecting issuers and investors alike."

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. Its wholly owned subsidiaries include Stowe TV-10, and Adirondack TV-33, RSN affiliated cable broadcast companies and High Angle Media, Inc., a video production company that also manages two other RSN affiliates Sugarbush TV-12 and Smuggs TV-9. PRRM owns the majority interest of Stockli Ski USA, the exclusive U.S. distributor of Stockli skis, bikes and sportswear.

For more information, visit www.prrm.info, www.stowetv10.com, www.neastmagazine.com, www.highanglemedia.com, www.stockli.com and www.rsn.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.


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