A Short Update From SIS:

PrimeHoldings.com, Inc (PMHJ)

CEO Announcements

02/06/2006

Dear Thomas Aliprandi:

A user at Stock Information Systems has the following question:

Mr. Aliprandi, It has been over 6 months since the annoucement of the Target reorganization. Do you have a timeframe for completing this transaction. Thank you, Fuge

Sincerely,

Dear Fuge,

The main focus is to “spin out” Target and not reorganize. This will allow us to get on a different trading platform and provide existing PMHJ shareholders with a dividend and equity. There is no way to properly fund a growing company on the “Pinksheets.” The Pinksheets represent less than 1% of the market. Just for giggles, check out the OTC website and look and the top 10 trading volumes or the entire markets daily trading volume for that matter. Look at the dollar amount minus the ADR’s since they are really not “penny stocks”. Google alone trades close to 10 to 20X what the entire OTC/Pinks market does in dollar amounts daily. That is the difference between Institutional and our minute subset of retail. The issue has always been, “how can we fund and execute the Target Business Plan?” Revenues were never the issue. While we haven’t raised enough capital in the last year to purchase a public vehicle it has become apparent that we could employ another strategy after the first of the year. Please note that we cannot raise capital through the sale of 504 exempt shares.

Kindest regard,

Tom