PrimeHoldings.com, Inc. and Cost Control Corporation Announce New Pricing and Satellite Offices
PrimeHoldings.com, Inc. (OTC: PRIM.PK), a diversified holding company with early-mover initiatives in the telecommunications and wireless auction space, and proprietary restaurant and hospitality industries software, and its subsidiary, Cost Control Corporation, today announced a new pricing structure. Doing business as Busboy Technologies (www.busboytech.com), Cost Control also announced the establishment of corporate offices in Salt Lake City, Utah.
'The last few months have been quite exciting for us at Cost Control. In rapid succession, we finished our flagship product, BusBoy software, tested it successfully, signed our first contract, finished our merger with Prime and put together the nucleus of a marketing team to go out and sign up customers,' said Spencer Taylor, Cost Control's President and CEO.
'Now, because of the tremendous interest in our product, we need to expand our office space as we begin to execute on our business plan,'added Mr. Taylor. 'We are taking new offices at the Wells Fargo Building in Salt Lake City to allow us to grow with our company.'
'In concert with the move to new offices, Cost Control modified its products'pricing structures to anticipate the needs of current and future customers,'said Thomas Aliprandi, PrimeHoldings.com's CEO.
'Originally, our business plan was based on flat pricing for all customers. This made the product financially inaccessible to many potential customers. With that in mind, we restructured the pricing to offer 2 payment plans: one plan is a flat price plan that bills the customer the same amount every month; the second plan assesses a lower monthly base payment along with a percentage of the customer's measurable, monthly savings attributable to our software product,'explained Mr. Taylor.
'While eligibility for the second payment plan is based on strict criteria, it enables some of our customers to pay for the product from the savings they realize,'said Taylor.
'Currently, we require a $300 initial set-up fee and a minimum $150 monthly fee. We are confident that we can easily save a property from 8 to 10 percent monthly and hope that more potential clients will consider the benefits of the monthly savings payment plan,'said Aliprandi. 'Ultimately, we believe that a larger client base will generate a more robust revenue stream.'
'Safe Harbor'Statement under the Private Securities Litigation Reform Act
of 1995
Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as 'may,''will,''should,''could,''expects,''plans,''intends,' 'anticipates,''believes,''estimates,''predicts,''forecasts,''potential,' or 'continue,'or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.
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