Wingo
20 años hace
I just got off the phone with the Transfer Agent, PRRM and NHGP have the same company. They were very nice, and very helpful. She told me that they have sent out the shares, they are in the middle stage, in a trust which is then split up to all of the brokers, who then dispurse it to us. She couldnt tell me how long that would take, but everything did go through on time as far as the companies and the transfer agent. I asked ehr if they were restricted, and she said yes - for one year if you sell it to your broker, or 2 years to be free-trading. Hope this helps, Wingo.
diamonddonna
20 años hace
etrade said restricted
THIS IS THE RESPONSE I GOT FROM ETRADE. THAT STINKS BECAUSE I NEVER SAW ANY Pr STATE THAT THEY WOULD BE RESTRICTED. IM PssT!!!!!
Dear Mr. McMellon,
Thank you for your email in regards to the status of your shares of NHGP through the spin-off from PRRM. If you were a shareholder on record as of 9/30/204, you are entitled to a payment of 1 NHGP share for every 100 shares you held of PRRM. Unfortunately, we have not received the new restricted split shares from the transfer agent; therefore, we cannot post the shares to your account. Restricted shares are sent in certificate form and can oftentimes take 4 to 6 weeks to receive from the transfer agent.
Please note these shares will be restricted and will be listed by the CUSIP number for identification purposes; therefore, you will be unable to place a trade on these shares until the restriction is removed. If you have any questions please feel free to contact us. I hope this information assists you in regards to the spin-off. Thank you and have a great day!
Your satisfaction is very important to us. Please let us know if our response to your email was helpful by clicking the link below and taking this 30 second evaluation.
http://www.surveymk.com/s.asp?u=95852520500
For further assistance, please use our E*TRADE FINANCIAL Help center at https://us.etrade.com/e/t/estation/helpcenter, or call us at 1-800-ETRADE-1 or (916) 636-2510 if outside the US.
Sincerely,
Dawn M. Beermann
M-F 7am - 3:30pm PST
916-858-5090 ext. 5404
E*TRADE Securities Customer Service
http://www.etrade.com
diamonddonna
20 años hace
WHY,WHY,WHY
WHY IS IT WE ARE SUPPOSE TOO HAVE ARE DIVIDEND ON THE 15TH AND THE DARN THING STARTS TRADEING BEFORE WE GET IT .THAT STINKS!
O.K. PEOPLE LETS GET THIS BOARD MOVING ,THERE HAS NOT BEEN VERY MANY POST. YOU DONT THINK THE mm's ARE PLAYING GAMES WITH THIS ?DO YOU?I HOPE NOT ,IM GETTING SICK AND TIRED OF THAT CHEATING CRAP THAT TAKES US SMALLER INVESTORS FOR A RIDE. IF IT WASNT FOR US LITTLE PEOPLE THEY WOULD BE OUT OF LUCK I THINK.IMO ONLY.
O.K. IM DONE SPAZZING-OUT. HELLO OUT THERE ......GIVE US THE DIVY!!!! DOES ANYONE KNOW IF THEY ARE RESTRICTED. OR WHAT PRICE WE GET THEM FOR. HOW DO WE KNOW?? PLEASE GIVE UNDERSTANDING,AND REASONABLE ANSWERS. THANK YOU MY FRIENDS ,ILL LOOK BACK LATER.
ftb
20 años hace
Statement Regarding NHGP Spin-off
Business Wire - October 26, 2004 12:50
STOWE, Vt., Oct 26, 2004 (BUSINESS WIRE) -- Prime Rate Investors, Inc. (OTC.PK: PRRM) announced that management will issue a public statement releasing the details of the National Hospitality Group, Inc. spin off as soon as any and/or all such pertinent information is released to the company from NHGP's securities attorneys. "Expectedly, we have been inundated by investor inquiries regarding details of the spin-off," said PRRM President Dan Burgess. "We in turn focus attention daily to this issue, but unfortunately NHGP has not finalized details, nor released any further information to us as of this time. As soon as we receive any information at all we will make it public," he asserted.
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. Based in Stowe, Vermont, its wholly owned subsidiaries High Angle Media, Inc. and Stowe TV-10 are based in Stowe, Vermont. High Angle Media, Inc. is a video production company and Stowe TV-10 is an RSN network affiliate and cable broadcast company that reaches nearly a million viewers annually.
For more information, visit the company's websites www.stowetv10.com 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.
SOURCE: Prime Rate Investors, Inc.
Prime Rate Investors, Inc.
Dan Burgess, 802-253-0199
Fax, 888-607-9495
http://www.prrm.us
info@stowetv10.com