Active breach detection is the only way to protect your network beyond the firewall.

Paul Kraus

Subscribe to Paul Kraus: eMailAlertsEmail Alerts
Get Paul Kraus: homepageHomepage mobileMobile rssRSS facebookFacebook twitterTwitter linkedinLinkedIn


News Feed Item

Prime Restaurants, Inc. President & CEO to Hold a For-Broadcast Interview

Prime Restaurants, Inc. President & CEO to Hold a For-Broadcast Interview

FT. MYERS, FL -- (MARKET WIRE) -- 08/09/07 -- Prime Restaurants, Inc. (PINKSHEETS: PRSU) today announced that its President & CEO Mr. Cris Galo will hold a broadcast interview via the internet.

The forum for the interview has not yet been determined if it will be live or pre recorded or which media outlet will carry the interview. However the interview will be conducted within the next two weeks and the broadcast time and date will be announced well in advance.

The interview will address several issues pertaining to the company regarding, but not limited, to such items as to the management and officers of the company, the share structure of the company, the intentions and growth plans of the company, the upcoming share dividend and issues regarding shareholder questions.

"I have decided to take this action to set the record straight as I have received many questions from shareholders on a vast array of topics and would like to address them on the record," said Cris Galo, President & CEO.

Mr. Galo also stated that he will be utilizing this forum to dispel certain misinformation and falsehoods regarding the company and is looking forward to this interview, so that he may remove any doubts or concerns regarding the company and that he may continue to devote his time and energy towards doing business and building the company. He also appreciates and encourages shareholders to continue to call our toll free message center and leave a message as he will return your call as soon as he can.

The current share structure of the company is 30,200,000 outstanding of which 24,236,802 are restricted for two years and in management's control, leaving 5,963,198 in the public float.

About: Prime Restaurants, Inc.

Prime Restaurants is a start-up restaurant holding company with an eye towards rapid expansion and revenue growth within the next 12 to 24 months. The company will focus only on major well-populated areas such as New York, Connecticut, New Jersey, Florida, Pennsylvania and North and South Carolina with locations that will generate a minimum of $2,000,000 per year at each location.

This press release does not constitute an offer of any securities for sale. This press release contains certain 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. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the company's limited operating history and history of losses, the inability to successfully obtain further funding, the inability to raise capital on terms acceptable to the company, the inability to compete effectively in the marketplace, the inability to complete the proposed acquisition and such other risks that could cause the actual results to differ materially from those contained in the company's projections or forward-looking statements. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.

Contact:
Prime Restaurants, Inc.
Investor Relations
Tel: 1-866-532-5908
Fax: 1-239-437-5777

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.