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
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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.
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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