Has anyone recieved their dividend yet?
PRIM -- PrimeHoldings.com, Inc. Com ($0.0666)
PrimeHoldings.com Issues 10% Shareholder Dividend
SALT LAKE CITY, UT, Mar. 21, 2003 (INTERNET WIRE via COMTEX) -- PrimeHoldings.com, Inc. (OTC: PRIM), a diversified holding company with early-mover initiatives in the smart card, telecommunications, and wireless auction space, today announced the issuance of a 10% dividend to its shareholders.
The company distributed a 10% dividend to all shareholders who held shares of the company's stock on March 1, 2003. The 10% stock dividend was mailed on March 10, 2003.
"Every shareholder received a stock divided from the company this month," said Thomas Aliprandi, PrimeHoldings' CEO. "We have so many shareholders that have been very loyal to us. By issuing this additional stock in the form of a divided, we hope to reward this loyalty. As a bonus to the company, this dividend has forced many 'naked shorters' who have negatively affected our stock these past several months, to take care of their short positions prior to March 1, 2003," said Aliprandi.
About PrimeHoldings.com
PrimeHoldings.com is a technology-oriented holding company that seeks to introduce and bring to market new e-commerce applications and business solutions. The Company is composed of subsidiary operations: bCard, Inc. (www.bcard.net), a leading provider of smart-card information management systems for corporate clients in marketing and promotions; TimeMarker, Inc., developer of a scalable Internet exchange platform that uses wireless devices to provide clients with an efficient means of selling time perishable inventory; and Uniquest Communications, Inc., a provider of enhanced local and long-distanced phone services. PrimeHoldings is traded over-the-counter under the ticker symbol PRIM.
Forward-Looking Statements
The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking information made on the company's behalf. All statements, other than statements of historical facts which address the company's expectations of sources of capital or which express the company's expectation for the future with respect to financial performance or operating strategies, can be identified as forward-looking statements. Such statements made by the company are based on knowledge of the environment in which it operates, but because of the factors previously listed, as well as other factors beyond the control of the company, actual results may differ materially from the expectations expressed in the forward-looking statements.
CONTACT: Allison Hague
PrimeHoldings.com
801-562-1444
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