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Press Releases from Prime Companies, Inc. :

Prime Companies, Inc. Successfully Negotiates for and Acquires Mount Logic, LLC’s Assets


YUBA CITY, Calif. – Nov 16 (SEND2PRESS NEWSWIRE) — Prime Companies, Inc. (OTC: PRMC / PRMC.pk) announces that it has executed an agreement and has consummated the purchase of certain strategic assets from Mount Logic, LLC, including Mount Logic’s Manufacturing Patents of ergonomic arms and mounts.

Prime Companies, Inc. Successfully Consummates the Purchase and Acquisition of Certain Dental Insite, LLC Assets


YUBA CITY, Calif. – Nov. 1 (SEND2PRESS NEWSWIRE) — Prime Companies, Inc. (OTC: PRMC / PRMC.pk) announces that it has executed and consummated the purchase of certain strategic assets from Dental Insite, LLC, including Dental Insite source code, all its rights and its customer base.

Prime Companies, Inc. Successfully Consummates the Purchase and Acquisition of Certain Computer Resource Technologies, Inc. Strategic Business Assets Including Its Customer Base


YUBA CITY, Calif. – Oct. 25 (SEND2PRESS NEWSWIRE) — Prime Companies, Inc. (OTC: PRMC / PRMC.pk) announces that it has executed a binding agreement; and has consummated the purchase of certain strategic assets including the customer base from Computer Resource Technologies, Inc. (CRT). Computer Resource Technologies, Inc. (CRT) is a fast growing hardware and software company currently serving the Dental and Medical industries in Colorado and the Midwest.

Prime Companies, Inc. Successfully Obtains Relief from a Guarantor Position, Enhances Balance Sheet


YUBA CITY, Calif. – Oct. 18 (SEND2PRESS NEWSWIRE) — Prime Companies, Inc. (OTC Pink Sheets: PRMC / PRMC.pk) announces that it has entered into an agreement with The Rural Utilities Service, a branch of the U.S. Department of Agriculture to retire a certain loan obtained by its subsidiary LMDS Communications, Inc. and therefore relinquishing itself of its position of guarantor on said defaulted loan.

The Board of Directors of Prime Companies, Inc. Allow for Further Enhancement of Prime’s Balance Sheet by Approving a Plan to Convert Insider Debt into Equity


YUBA CITY, Calif. – Oct. 11 (SEND2PRESS NEWSWIRE) — Prime Companies, Inc. (OTC: PRMC / PRMC.PK) announces that it has entered into an agreement with its officers and an “insider” to convert debt into equity and therefore further enhancing its balance sheet. By virtue of the agreement, Prime Companies, Inc. realizes the benefit of relieving itself of over $1,200,000 in debt.

Prime Companies, Inc. Enhances its Balance Sheet by Successfully Obtaining Relief From a Guarantor Position in a Certain Loan Obtained by its Subsidiary LMDS Communications, Inc.


YUBA CITY, Calif. – Oct. 5 (SEND2PRESS NEWSWIRE) — Prime Companies, Inc. (OTC: PRMC / PRMC.PK) announces that it has entered into an agreement with the Rural Utilities Service, a branch of the U. S. Department of Agriculture to retire a certain loan obtained by its subsidiary LMDS Communications, Inc. and therefore relinquishing itself of its position of guarantor on said defaulted loan. By virtue of the agreement, Prime Companies, Inc. realizes the benefit of relieving itself of over $2,100,000 in debt. This allows for a balance sheet enhancement furthering the opportunity for Prime Companies, Inc. to raise the necessary capital to allow it to move forward in the aggressive implementation of its business plan.