National Hospitality Group Inc (NHGP)

[Box Money]

Anything happening here?

[Chunky Munky]

Make 4 or 5 posts on the board and reapply.

[madqaman]

I applied but they said I do not have enough post's.

[ezdenn]

'madqaman', perhaps you could mod this

[ezdenn]

it's about time this moved

[madqaman]

Up 6000%!

[High Risk]

I hope this price keeps up, but I have my doubts. Once everyone's shares are unrestricted there will be a race for the exits...11 months and counting! C'mon NHGP....keep going UP!!!




High Risk

[buysonpanic]

.20 cents



http://www.wallstreetcorner.com/new_lop.html

[buysonpanic]

restricted for 1 year.


http://biz.yahoo.com/pz/041208/69076.html

[Wingo]

I just got off the phone with the Transfer Agent, PRRM and NHGP have the same company. They were very nice, and very helpful. She told me that they have sent out the shares, they are in the middle stage, in a trust which is then split up to all of the brokers, who then dispurse it to us. She couldnt tell me how long that would take, but everything did go through on time as far as the companies and the transfer agent. I asked ehr if they were restricted, and she said yes - for one year if you sell it to your broker, or 2 years to be free-trading. Hope this helps, Wingo.

[tolate]

Good News
Over @ pinksheets.com PRRM is #14 on the most requested stock info list.
NHGP is #36

[originunknown]

They are almost always restricted, this is no surprise.

[diamonddonna]

etrade said restricted

THIS IS THE RESPONSE I GOT FROM ETRADE. THAT STINKS BECAUSE I NEVER SAW ANY Pr STATE THAT THEY WOULD BE RESTRICTED. IM PssT!!!!!

Dear Mr. McMellon,

Thank you for your email in regards to the status of your shares of NHGP through the spin-off from PRRM. If you were a shareholder on record as of 9/30/204, you are entitled to a payment of 1 NHGP share for every 100 shares you held of PRRM. Unfortunately, we have not received the new restricted split shares from the transfer agent; therefore, we cannot post the shares to your account. Restricted shares are sent in certificate form and can oftentimes take 4 to 6 weeks to receive from the transfer agent.

Please note these shares will be restricted and will be listed by the CUSIP number for identification purposes; therefore, you will be unable to place a trade on these shares until the restriction is removed. If you have any questions please feel free to contact us. I hope this information assists you in regards to the spin-off. Thank you and have a great day!

Your satisfaction is very important to us. Please let us know if our response to your email was helpful by clicking the link below and taking this 30 second evaluation.

http://www.surveymk.com/s.asp?u=95852520500

For further assistance, please use our E*TRADE FINANCIAL Help center at https://us.etrade.com/e/t/estation/helpcenter, or call us at 1-800-ETRADE-1 or [phone] if outside the US.

Sincerely,

Dawn M. Beermann
M-F 7am - 3:30pm PST
916-858-5090 ext. 5404
E*TRADE Securities Customer Service
http://www.etrade.com

[tolate]

Does anyone have stats on NHGP?
P/E
S/A
S/O

[tolate]

Just got off the phone with my brokerage firm. He told me that they have yet to receive the sharers.

[diamonddonna]

WHY,WHY,WHY

WHY IS IT WE ARE SUPPOSE TOO HAVE ARE DIVIDEND ON THE 15TH AND THE DARN THING STARTS TRADEING BEFORE WE GET IT .THAT STINKS!
O.K. PEOPLE LETS GET THIS BOARD MOVING ,THERE HAS NOT BEEN VERY MANY POST. YOU DONT THINK THE mm's ARE PLAYING GAMES WITH THIS ?DO YOU?I HOPE NOT ,IM GETTING SICK AND TIRED OF THAT CHEATING CRAP THAT TAKES US SMALLER INVESTORS FOR A RIDE. IF IT WASNT FOR US LITTLE PEOPLE THEY WOULD BE OUT OF LUCK I THINK.IMO ONLY.
O.K. IM DONE SPAZZING-OUT. HELLO OUT THERE ......GIVE US THE DIVY!!!! DOES ANYONE KNOW IF THEY ARE RESTRICTED. OR WHAT PRICE WE GET THEM FOR. HOW DO WE KNOW?? PLEASE GIVE UNDERSTANDING,AND REASONABLE ANSWERS. THANK YOU MY FRIENDS ,ILL LOOK BACK LATER.

[roadhog95]

NHGP is now trading! Today they had a high of .27!

Let the chaos begin! Anyone have their NHGP shares yet?

-=Terry

[roadhog95]

$5.00 says your broker will tell you to call the company or the TA lol :)

Not bashing at all.. just sounds like a classic endzone run around.. But thanks for letting us know.. im going to give ameritrade a call tommorow to see what they tell me..

-=hog

[diamonddonna]

NHGP SAID THIS.....



Dear ???



It is my understanding that the distribution of shares in NHGP did occur yesterday. You should contact your broker if you have any queries. In reference to your second query we at NHGP do plan to trade soon. The exact date is unknown at this stage.



Regards



Damian Guthrie





-----Original Message-----
From: [e-mail] [mailto:[e-mail]]
Sent: Monday, November 15, 2004 3:19 PM
To: [e-mail]
Subject: hello



we as shareholders were suposed to get a dividend today nov,15th and have not received any PR stating that we are going to get it. things with the price per share of [PRRM] dont seem to good right now and your company doesnt seem to trade at all [NHGP]. WHATS GOING ON!!!? please put out the proper PR's . do you plan to be trading soon???

curious investor

[roadhog95]

OTC dividneds usually take a few days to be issued. You'll also notice that NHGP doesnt have any new filings, nor are they trading. Even if you had a dividend (even if it is not restricted which i am not sure about myself) You wouldnt have any value in it.

Give it a few days.. I'd like to see how this will pan out myself..

-=hog

[diamonddonna]

NOW THIS IS NUTS!!!! WHERE THE HECK IS THE DIVIDEND ?????IT WAS PAYABLE ON NOV15TH .WE HAVE NOT RECEIVED ANYTHING LIKE A Pr STATING THEY MIGHT BE LATE .

[rlangmaid]

there was a PR stating 11/15/04 as dist. date

[chuckerfmfla]

No news on the share distribution date since October 26th. No sense bothering PRRM as, I think, it is out of their hands. Anyone think there may be some sour grapes involved and hence the delay in getting our shares of NHGP??
Chucker

[originunknown]

.25 at bid

[roadhog95]

Yep.. saw this the other day...
This is Dan's way of saying "Stop calling us and wait for it dammit!!" l o l

Has anyone had any luck getting in contact with someone over at club NHGP?


thanks

-=hog

[ftb]

Statement Regarding NHGP Spin-off
Business Wire - October 26, 2004 12:50

STOWE, Vt., Oct 26, 2004 (BUSINESS WIRE) -- Prime Rate Investors, Inc. (OTC.PK: PRRM) announced that management will issue a public statement releasing the details of the National Hospitality Group, Inc. spin off as soon as any and/or all such pertinent information is released to the company from NHGP's securities attorneys. "Expectedly, we have been inundated by investor inquiries regarding details of the spin-off," said PRRM President Dan Burgess. "We in turn focus attention daily to this issue, but unfortunately NHGP has not finalized details, nor released any further information to us as of this time. As soon as we receive any information at all we will make it public," he asserted.

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 High Angle Media, Inc. and Stowe TV-10 are based in Stowe, Vermont. High Angle Media, Inc. is a video production company and Stowe TV-10 is an RSN network affiliate and cable broadcast company that reaches nearly a million viewers annually.

For more information, visit the company's websites www.stowetv10.com and www.highanglemedia.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
Fax, 888-607-9495
http://www.prrm.us
[e-mail]

[originunknown]

no change in L2

[roadhog95]

Get all the PRRM you can today.. I think this is the last day you'll be able to and be counted for the NHGP spinoff shares..

NHGP still has Hudson (HDSN) at .25 on bid (as of Sept 28)

I also noticed they do not have any new SEC filings since 09-29-04:

http://www.sec.gov/cgi-bin/browse-edgar?company=National+Hospitality+Group&CIK=&filenum=&...

Hopefully we'll see them start trading actively later this month. I learned that Richard Astrom is in fact NOT an officer in NHGP.. According to the website (www.nhgp.net) the only officer of record is Damian Guthrie (also the former president of PRRM if you recall)

Sounds like some restructuring is in progress.. I get the feeling there may be an NHGP forward split in the future.. Time will tell


GLTA!
-=hog

[roadhog95]

OT: Right on man.. I think PRRM will do well.. may have to hold onto it for a while..(everyone read the latest PR?):

http://biz.yahoo.com/bw/041014/145759_1.html

I think it is easier to hold a .0001 stock like this.. You buy a little every now and then and next thing you know.. you've got a few hundred mill and they are about to hit .001.. no chasing no fuss!

GLTA,

-=hog

[chuckerfmfla]

Roadhog. I, as well as everyone else would like to see PRRM go
up but as long as it is down here may as well buy more. Picked up another 2 million today also at 0.0001. It is like picking up free money off the counter.
Chucker

[roadhog95]

Np.. I got some more @ .0001 this morning..

we can only go up from here! Well all be happy at .0004 (even though im hoping for .009).. not like that CMKX thing!!

JK.. Im a CMKX'er (and maybe a PRRM'er soon) long and strong!

GLTA!

-=hog

[rlangmaid]

I was confused by all that too!!! I am glad I am on board~

[chuckerfmfla]

Roadhog. Thanks for correcting me. I was citing a press release dated September 24th showing a date of record of
9--24--04. Your press release is later than mine as it is
September 28th. Again thanks for the correction. Think I will buy more this morning.
Chucker

[originunknown]

You never know, you might get lucky this time.
GLTY
.. and have a great day!

[mikerc971]

Ah... Good point. Ameriturd takes 3 days, so I'm probably SOL. Good thing I got the major part of my position on Monday!

Thank you!

Mike

[originunknown]

May take up to three days or even more to settle record of purchase, depending on your broker.

[mikerc971]

So, if I buy more PRRM today, will I get dividend NHGP shares? What about if I buy more PRRM tomorrow?

Thanks for any clarification.

Mike

[originunknown]

That was my understanding also, thank you for the clarification.

[roadhog95]

Chuck:


http://biz.yahoo.com/bw/040928/285895_1.html


"The shareholders of Prime Rate Investors, Inc. will receive one (1) share of National Hospitality Group Inc. for each hundred (100) shares owned as of October 15, 2004."

This to me implies the record date was changed to Oct 15th FROM the date of Sept 24th as previously stated. The last couple of dividend spinoffs ive seen usually explicitly specify a pay date. I guess we will see tommorow...

-=hog

[chuckerfmfla]

Roadhog. The RECORD date was September 24th and all PRRM holders will receive 1 share of NHGP for every 100 shares held of PRRM. In other words, if you have 2 million shares you will get 20,000 shares of NHGP.
I tried to buy NHGP yesterday but it is not yet available.The dividend payment date is October 15, 2004.
Chucker

[roadhog95]

Sorry for the confusion. I started this board early.. not believing anyone would actually start posting until AFTER they had received the shares..

No.. i have not received any NHGP shares.. Record date is the 15th. I do not know if this is also the pay date..
-=hog

[chuckerfmfla]

Roadhog95. Your first post refers to anyone who " already received their dividend shares ( of NHGP )" or words to that effect. Have you received yours? I just phoned my broker and I do NOT have mine.
Anyone out there receive the NHGP dividend shares yet?
Chucker

[originunknown]

Are the NHGP dividends restricted?

[chuckerfmfla]

Roadhog95 THANKS for starting up this Board. Your first post states to the effect that we already have the dividend shares. I believe the date will be October 15th, my wedding anniversary
Wow. If it stays at 25 cents, what a gift.
Also. For more information on " ghost" shares that do not exist see NNOS board. A majority shareowner in NNOS is suing Knight Trading for having 247 million shares shorted. Problem is that is more than twice the number of NNOS shares outstanding.
Again . Thanks for this board.
Chucker

[originunknown]

Thanks for that explanation, and BTW HDSN still has a .25 bid on NHGP.

Here's looking at a lot of action on both soon ...

[roadhog95]

The symbol has been reserved and if you check the sec filings for National Hospitality Group Inc, you will see that the securities registration form has been filed.. as of 09-29-2004:

http://www.sec.gov/cgi-bin/browse-edgar?company=National+Hospitality+Group&CIK=&filenum=&...

As for the bid (which is not showing up in my alphatrade any longer. I believe the MM on bid was HDSN), this is likely just one of the MM's attemmpting to get in slot one for when the trading starts. This week is dividend record week (and possible payout day.. i am not sure) as of 10-15-2004. We should be seeing quite a bit of action with PRRM and NGHP in the next few days IMO...

GLTA!!
-=hog

[originunknown]

Please explain why it has a stock symbol, NHGP, but no trading history and applying for registration. Further, why is there already a bid on a stock that theoretically does not exist?

Thanks for any clarification.

[roadhog95]

interesting article on shorting lawsuits:

http://www.investors.com/breakingnews.asp?journalid=23425161&brk=1

[roadhog95]

The company has already filed for securities registration (as of 9-29-04 according to the SEC site)

http://www.sec.gov/cgi-bin/browse-edgar?company=National+Hospitality+Group&CIK=&filenum=&...

[diamondwish]

So I take it the spin off is private.