PrimeHoldings.com and Target Communications, LLC Announce Target's First Month's Revenues
23 April 2004 - 1:48AM
PR Newswire (US)
PrimeHoldings.com and Target Communications, LLC Announce Target's
First Month's Revenues SALT LAKE CITY, April 22
/PRNewswire-FirstCall/ -- PrimeHoldings.com, Inc. (BULLETIN BOARD:
PRIM) , a diversified holding company with early-mover initiatives
in the telecommunications and proprietary restaurant and
hospitality industries software, and Target Communications, LLC,
its joint venture partner, today announced revenues for Target's
first month's unauditied revenues. "Since Target opened its doors
for business 30 days ago, we have been amazed at its fast and
sustained growth. We were surprised that our first month's revenues
equaled approximately $86,300 with over 6,700,000 minutes of
traffic. We intend to have audited numbers available next week and
provide space on PrimeHoldings' website so that shareholders and
interested parties can go online and review Target's audited
numbers regularly. We have engaged an accounting firm in Boca Raton
to audit Target's financial statements and provide the data for
Prime to post on its website," said Thomas Aliprandi,
PrimeHoldings.com's CEO. "Now that Target is ready to acquire
additional equipment to handle more traffic, we expect its revenues
to increase next month. It is quite astonishing to see how quickly
this business has grown and to see the potential contracts Target
has in its pipeline for the coming months," said Aliprandi. "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. DATASOURCE: PrimeHoldings.com, Inc.; Target
Communications, LLC CONTACT: Tom Aliprandi, +1-801-755-6859 or ,
for PrimeHoldings.com, Inc.
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