All PPN shareholders should mark your calendars for the PPN AGM to be held next Tuesday at the SHOWGIRLS BAR20 strip club at 46 King St Melbourne.
Although the club is closed to customers for the AGM, come and have your say by asking the Board all your hard questions about the performance of PPN and when you might expect a dividend out of 2009/10 profits after the VCAT liquor licence drama is sorted out.
Although the annual report says that there are 1080 shareholders on the books, most of these hold piddling numbers of shares. As at 30th June there were 90 shareholders holding 93% of the company.
We don't get much info in the ASX announcements so I hope the 90 substantial shareholders turn up to have their say and check out our BAR20 "Cash Cow".
PPN hospitality is excellent and I have never come away from any of the AGMs hungry after pigging out on the excellent sandwiches. If you get bored there is a coin operated massage chair to help you pass the time.
The AGM is to be held as follows: Date : Tuesday 30 November 2010 Time : 11.00 a.m. Place 46 King Street Melbourne
PPN Price at posting:
22.0¢ Sentiment: Buy Disclosure: Held
