PRTH -- Prime Time Group, Inc.
Com ($0.0001)
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
Prime Time Group, Inc. (PRTH) On Track With 2007 Goals
FT. LAUDERDALE, FL, Jul 10, 2007 (MARKET WIRE via COMTEX) -- Prime Time Group, Inc. (PINKSHEETS: PRTH) is pleased to announce that the company is still on track to accomplish its goals for 2007. Prime Time's growth through acquisitions in diverse industry sectors has been to develop a synergistic conglomerate of individual businesses, which can benefit by each other's market exposure. Each division and sector has used the other's geographic locations and customer base to quickly boost revenue and achieve immediate access to a broader customer base. Chairman Johnny Ray Arnold said, "We will continue to look for acquisitions that compliment each other and bring value to the company." Arnold went on to say, "There has been talk about the sale of Prime Time Group, Inc. that are false; furthermore, the company is not in the market to be sold and will continue to move forward to achieve the company's long and short term goals. If any of our shareholders have been contacted by any group concerning a sale of the company, please disregard."
ABOUT PRIME TIME GROUP, INC.
Prime Time Group (PINKSHEETS: PRTH) (www.PrimeTimeStores.com) is a forward thinking company that has interests in wireless products and services for today's youth market. By using retail, wholesale and internet delivery channels, the company has found unique ways to deliver the phones, accessories, mobile media and mobile games that are desired by a growing marketplace. In doing so it has established relationships with carriers such as Virgin Mobile, Fido, Sprint, as well as its own line of products such as Cherry Red Accessories and content. The E-commerce division is online and will be announced shortly. Prime Time Group also has interests in the retail petroleum, convenience store, and automotive sectors, with Wheel Workz, Inc. being the company's latest venture. All of which are complimentary.
Prime Time also maintains its interest in Puerto Rico 7, Inc., the exclusive master franchisee for Puerto Rico and the Caribbean for 7-Eleven, the largest convenience store chain in the world. Puerto Rico 7, Inc. currently operates 14, 7-Eleven convenience stores in the San Juan, Puerto Rico metropolitan area.
Legal Notice Regarding Forward-Looking Statements
The statements in the press release that relate to the company's expectations with regard to the future impact on the company's results from acquisitions or actions in development are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. The statements in this document may also contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Since this information may contain statements that involve risk and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results.
For further information contact:
Prime Time Group, Inc.
(For Corporate Information)
Visit: www.primetimestores.com
Contact Investor Relations:
Johnny Ray Arnold
561-674-5866
ir@primetimestores.com
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