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Alot of company's provide radio or taped interviews on the internet that is suppose to prove something? I think its good that they are going to do that and I would prefer it a live call in type interview so we can ask questions etc.
Thats pure speculation on your behalf no one knows that all we know is what it is now.
Authorized Shares 40M per Nevada SOS link below cut and paste:
https://esos.state.nv.us/SOSServices/AnonymousAccess/CorpSearch/CorpDetails.aspx?lx8nvq=oO2Yk5gKki1TnhyEW8OiWg%253d%253d
In case you forgot: 24,236,802 are restricted for two years and in management's control
Again blatant misrepresentation, you conveniently forgot to include the restricted shares in managements control as part of your scenario. Just an oversight on you part I am sure. LOL
I know your here to save us do us real shareholders a favor and learn what you are talking about before you say it as you dont have a clue.
Up 43% today on low volume
You really need to learn about business first
Now I will give you time to look up the difference so you can speak with knowledge.
There are two types of ways to acquire a company 1)a asset purchase and 2) a stock purchase the latter is what PRSU did.
I figured you would understand LMFAO
Double sorry
Liable your agenda is clear just by reviewing your posting history and be careful of what. The only person I see claiming anything that means nothing with this stock is you.
Well if you knew anything about business you would understand that PRSU must have did a stock purchase of The Sanibel Restaurant so your point is that management came with. No the company has already said in a pr that Edward Hayter neither owns or has a management position in the company. Advise try harder.
or maybe that great dilution everyone is talking about LMAO
So it must be all that exposure you all keep pushing
I think if ed hayter was running this show there would be no pr and no bid x 0001
You have experience with Mr. Galo please share with us, because everyone else you mentioned per the companys documented pr says they arent involved so please share.
and it also turned into a 10 bagger for those who held on
Replevin if you are in that court room please post the transcript. LOL
As more and more eyes get on this little gem
Expecting a nice bounce tomorrow
Come on Nite let her move up...dang
Any ruling from the court today?
Top 10 today of all boards
Just the old IBCX bashers
No body even knows this company is here
Dumping at this level of volume LMAO
Show us where Hayter and Astrom are involved here the company has clearly stated no interest of Hayter at all.
Agreed with the Divy coming
According to the SOS of Nevada still only 40M authorized.
Prime Restaurants, Inc. Addresses Shareholders' Questions & Comments Regarding the Upcoming 3 for 1 Stock Dividend and Other Issues
Prime Restaurants, Inc. (PINKSHEETS: PRSU), today will address certain shareholder questions and comments regarding its recently announced 3 for 1 stock dividend along with other company issues.
Regarding the stock dividend this is a dividend and not a forward split applicable and payable only to common shareholders of record on August 15, 2007 and payable in unrestricted free trading common shares on August 29, 2007. This dividend will be paid only to the public shareholders of record and will not be paid to any holders of restricted shares, including management.
The company has received inquiries regarding the percentage of ownership in its restaurant and as to the principles of the company and the possibility of an increase in the company's authorized shares.
1) Prime Restaurants, Inc. (PRSU) owns 100% of The Sanibel Restaurant Group, Inc. this corporation owns and operates the Sanibel - Palms Steakhouse (www.thesanibelpalmssteakhouse.com) in Ft. Myers, Florida. As previously announced it was purchased for $1,800,000 and generates between $1,750,000 to $2,100,000 plus per year in revenues and has been in the same location and in business for the last 10 years.
2) Regarding the ownership and management of the company, the current President & CEO and majority shareholder is Mr. Cris Galo and he holds 24,858,463 of restricted shares, with a restriction legend of 2 years. Regarding Mr. Edward Hayter he neither owns or controls any stock in the company and has no position in the management of the company.
3) Regarding the share structure of the company, the company has no plans of increasing the authorized shares except for the necessary required shares to pay the shareholders dividends and nothing more beyond that.
"It is the intention of management to build a first class restaurant holding company; the company does not intend to increase the outstanding shares anymore than it has to (per the dividend payments). We will use debt financing for any pending acquisitions as it is the intent of the company to maximize its share price. I would also request that the shareholders call the phone number listed below for any questions regarding the company as opposed to calling the employees at the restaurant as this will prevent misinformation and allow the personal to do their jobs. Thank you," stated Cris Galo President.
Well the good news is it does not appear that the company is diluting as the volume is very low that pleases me.
Replevin whats going to happen in court tomorrow?
What happened to us here today?
All of us penny flippers should be able pick a weiner
Hey I need some vaction coin anyone got a pick or what
Penny Pros LMAO losing my arzzz on this penny garbage. But its no worse than going to the casino. Besides where else could you get entertainment like this.
Hey Matt we are offended we are not Penny Flippers we are Penny Pros and want to share our expertise with everyone.
I like this board and I think more people will come if its available to all.