Prime Rate Investors, Inc. Confirms No Reverse Split
STOWE, VT. Feb 14, 2006. Prime Rate Investors, Inc. (Pink Sheets: PRRM) released a statement to shareholders to again assuage the concern of a reverse split of the Company’s stock. “A reverse split is not in our plan,” reiterated Prime Rate Investors President Dan Burgess. The statement was issued by the company in response to numerous shareholder inquiries.
PRIME RATE INVESTORS (Pink Sheets: PRRM) is a multi-media holding company with interests in outdoor sports, retail, e-tail, print, web, television and film. For more information on the company or its outdoor sports and media subsidiaries, visit www.primerateinvestors.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.
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