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We need to see lots of buys at 2 and no selling at 1...
Until then we are stuck in the basement.
Everytime we get a bid we have selling until the bid is
taken out.
JB77
It's not just the financials gorb...
It's Dan saying they will be done...
If he says something he needs to do it.
JB77
Dan We Need the Financials...
In the interview you said 2-3 weeks ....
Today is two weeks. You have one week more
to provide them.
JB77
Gorb,
I don't get why a list of which brokers hold shares in street name for individual investors makes a difference.
What am I missing?
JB77
Looking at skier shop is great...
But Dan needs to close that deal. It has been open
a long time. When the deal is closed and skier shop is
part of summus then you can talk about and brag about
the numbers....
JB77
Come On Dan Release the Financials....
The Financials are key to this...
Dan needs to get them public ASAP.
JB77
It is good to see that Dan finally realized that
daily mostly fluff news, was not going to move this
stock upwards in price.
He needs to put out the finacials and continue to reduce the A/S and O/S and get this puppy on a higher exchange.
Then in time, hopefully we will see price appreciation.
JB77
I know we have an interview today....
Anybody know when it will be posted on the smallcapvoice site?
JB77
I agree RJ all you points are valid.
The key here is transparency. He need to provide numbers(ie Financials) as well has get the share structure in check.
I do believe that financials are the key to moving to a higher exchange and higher price. The longer he waits to share this information the more investors will flee this stock when the bid is at .0001.
I have been holding this stock for a while and am giving Dan the chance to prove that he is going for full disclosure.
JB77
The bashers will find a reason to bash no matter what...
Look at cmkx they are still bashing and it has been delisted for a long time...
JB77
Gorbec1,
Financials are key for this company. If Dan said they should be done in 2-3 weeks from last Thursday, He better have them done. In addition your correct he did not say he would publish them, But why bother to produce them if not to be published. Let's get real, my view is Dan said the finacials would be available to the public in 2-3 weeks or 1-2 weeks from today. I am expect in 2 weeks for the finacials to be published to the general public, not just completed.
We need the financials to move forward to a higher exchange. We may also need them to prove that this stock can get out of the basement.
PR's everyday touting this or that will not move this price. We need the finacials and we need them NOW!
JB77
Dan Release the Financials.....
Nothing else will move this stock. Dan needs to release the audited financials ASAP.
Any other PR's just does not make sense at this point.
We need the financials and when we are going to the higher exchange, until then I think this stock is stuck at .0001.
Or if he wants to retire 25 Billion shares that would be OK too.
JB77
I agree, the real turning point for SMMW will be when they
release the financials to move to a higher exchange. This will tell us the true revenue's, Assets and Liabilities. This may also give us some insight as to the big owners. In the interview Dan said the audit would be complete in two to three weeks. I am expecting it within three weeks. Dan needs to follow through on this. He already started on the transparency of the company by making the OS and AS available. This will continue those goals.
I wonder how many people would have bought cmkx or qbid if the true OS and AS was published. I wonder how many of us would have held CMKX and QBID if they published financials?
As I have said before all Pinks and OTCBB stocks should be mandated to provide OS and AS numbers on a weekly basis. This alone will let investors know how much dillution is ongoing. With this information a investor can decide if an investment is viable based on a business plan. Some time dillition is OK to raise capital till the business has revenue. Continued dillution can only lead to failure as demonstrated by QBID. As for the dillution in CMKX the jury is still out, but it does not look very promising.
JB77
Keep Dreaming with SMMW Dreams come true.
So what is our news of the day?
Gorbec1, When do you expect financials?
I excpect them by the end of June. Do you think that
date will be met?
JB77
I like when he mentions numbers....
Numbers are the key to success for SMMW.
Revenues, Profits, Number of Shares Dan Owns...
Etc....
Go Dan Go SMMW
We need a PR to state when the audit will be complete.
If Dan want this stock to move upwards, he has to stop repeating PR's and give dates.
He needs to PR what he is doing and when he is doing it.
Then another PR to say it is done.
JB77
Good to see news on Friday....
I did not expect it, since the last few weeks we have not had
news on Friday...
What we need is the interview and financials.....
JB77
When can we expect the interview?
I was wondering if anyone has talked to Stuart Smith, and verfied when we can expect the interview to be available.
Delays are not good when things are promised....
JB77
It's amazing the bashing on the O/S and A/S increasing! On most pinks you would not even know that information. This tells alot about Dan and how he runs Summus Works. He is working towards full disclosure including Financials.
I would rather know the O/S and A/S is increasing than having Billions and Billions of shares being dumped on the market with out the investor knowing... (Like CMKX and QBID)
JB77
OK EveryBody I am ready for real Solid News!
JB77
Bobky,
Dan has to give a reason for people to hold through the .0002's. A lot of penny investors sell half at .0002 to get their initial investment back. In addition a lot of people will sell at .0002 for 100% gain.
So if Dan has great news now is the time.
JB77
Ok, Dan the sellers are out...
Now is the time to give us the news to get us through the .0002's
Go SMMW
JB77
Dan, better put out some solid news...
.0002's will be harder to get thru than the .0001's.
Lots of people will sell for the double and some will sell half of their position to hold Free shares.
JB77
Name and symbol change should have been first!
Bobky,
I agree with you, we need to get out of the astrom shadow.
Dan should prove this is a new company going in a new direction and change the name and symbol.
JB77
The Symbol and Name Change Should Be First,
Dan needs to get out of the Astrom shadow, and prove to all the new (and Old) shareholders that PRRM is a new
company with new goals. It would be best for
him to release all the future slated news under
a new Symbol and Name.
JB77
SkierShop LOI Closed Next Week? eom
Dan close the SkierShop deal this Month! eom
More 2's than 1's today eom
Are we ever going to get news? EOM
How Many Shares Define a Large Investor?
7 Billion (10% of the O/S)
3.5 Billion (5% of the O/S)
700 Million (1% of the O/S)
350 Million (.05% of the O/S)
175 Million (.025% of the O/S)
87.5 Million (.0125% of the O/S)
BillionaireInvestor, a Month at least.
Dan, for the first time is experiencing the true timeline of business, as soon as lawyers or multiple parties with independent agenda's get involved, the timeline multiples by a huge factor.
I expected all of these deals to take longer than Dan suggested.
Hopefully after this experience, Dan will give realistic time lines when speaking on the phone with investors.
A good rule of thumb is x 3... If you think the skiershop was going to close in a month tell investors 3 months.
Dan's Timeline.....
Looks like Dan has trouble telling days,weeks, months apart...
We expected numbers by May and now it's almost mid June. Two weeks ago he stated to Bobky that SkierShop would close in a few days. At that point he said we would get a PR and unaudited numbers. He also stated in the past that they would close the name change contest on June 1st.
So we are expected at the least the following:
1. SkierShop Deal Close
2. Unaudited Numbers
3. Name Change
4. Audited Numbers
5. Closing of the Colorado Station Deal (LOI signed a long time Ago)
The last news was on May 18th(naked Short PR), I think Dan needs to stop over promising and underperforming. He needs to under promise and perform outstanding.
Come On Dan, Get this puppy rolling....
JB77
Next Week --- LOL!
OK Dan Get this puppy Moving......
We have waited for the skiershop to close... Close it.
We are waiting for numbers... provide them.
We are waiting on a new name and symbol... Choose it...
I know we are waiting on other things too.... Get them done Also.
JB77
NEWS
Press Release Source: Prime Rate Investors, Inc.
Prime Rate Investors, Inc. Confirms No Reverse Split upon Name and Symbol Change
Monday April 25, 11:13 am ET
STOWE, Vt.--(BUSINESS WIRE)--April 25, 2005--Prime Rate Investors, Inc. (OTC.PK: PRRM) announced it is deliberating the appropriateness of several corporate names as submitted by shareholders. The company had previously announced its intention to assume a new name, inviting shareholders to enter submissions at www.prrm.info. While this assessment is underway, the company is still accepting suggestions on the website. The company is offering a weekend getaway to Smuggler's Notch Resort in Jeffersonville, VT to the individual whose suggestion is adopted by the company.
In response to shareholder concerns regarding a reverse split, management reiterated that there will be no reverse split upon the finalization of the company's name change.
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 Smugg's TV-9.
For more information, visit the company's website www.prrm.info and www.smuggs.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.
--------------------------------------------------------------------------------
Contact:
Prime Rate Investors, Inc.
Dan Burgess, 802-253-0199
info@stowetv10.com
http://www.stowetv10.com
Bobky,
Did Dan ever call you back?
Just because Dan said mid month on Numbers, does not mean
today, Mid month can be 10-20th.
JB77
Overview?
It’s good to see the company completing deals. So lets break it down now:
2 Stations owned
2 Stations managed
2 Stations proposed
Production Company
USA distributor of Stockli Ski’s
Letter of Intent (Deals not finalized)
Skier Shop (Ski Shop and top rated E-commerce Web Site)
Magazine
No Reverse Split(R/S) stated in a PR
Name Change and Symbol Change soon
President Stated financial disclosures coming Mid-April
The only difficulty I see is the O/S it is currently around 60 Billion with about half of it restricted for two years and lots of shares held by insiders. I believe the current float to be around 26Billion. I do believe, most of the float is held by strong hands.
If the company continues on the current path the price should rise accordingly.
JB77
News Out.. 6:44am
Press Release Source: Prime Rate Investors, Inc.
Prime Rate Investors, Inc. Subsidiary to Syndicate Nationwide Programming
Tuesday February 22, 6:44 am ET
STOWE, Vt.--(BUSINESS WIRE)--Feb. 22, 2005--Prime Rate Investors, Inc. (OTC.PK: PRRM) announced that its subsidiary, High Angle Media, Inc., will participate in the 2005-06 "Mountain Top Ski and Snowboard Series," syndicated nationwide by New Visions Syndications of Aspen, Colorado. Specially formatted episodes of High Angle Media's "Backcountry TV" were part of this year's Mountain Top series; each episode has reached over 67 million total potential viewing households in the U.S. Additionally, episodes were shown on US Airways Inflight Entertainment Network on all international Atlantic flights into the U.S. to nearly 200,000 passengers. The "Mountain Top Ski and Snowboard Series" airs on broadcast and cable network affiliates of major networks including ABC, NBC, CBS, and Fox throughout the nation.
Next year's series will begin airing Sept. 1, 2005. "We are thrilled to continue our relationship with New Visions Syndications," commented High Angle Media Sales Manager Jamie Morris. "Through the nature of its widespread syndication, the series is an excellent venue to build brand awareness of both Backcountry TV and High Angle Media productions. It also provides a platform for DVD sales and the nationwide exposure for our advertisers and show sponsors has been tremendous," he concluded.
PRIME RATE INVESTORS (OTC.PK: PRRM) is a multi-media holding company with interests in outdoor sports, retail, e-tail, 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 affiliate broadcast companies, and High Angle Media, Inc., a video production company. The Company also manages RSN affiliates Sugarbush TV-12 and Smugg's TV-9.
For more information, visit the Company's websites, www.prrm.us 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.
--------------------------------------------------------------------------------
Contact:
Prime Rate Investors, Inc.
Dan Burgess, 802-253-0199
http://www.prrm.us
info@stowetv10.com
--------------------------------------------------------------------------------
Source: Prime Rate Investors, Inc.