While sitting in the Supreme Court over 2 days listening to the barrister for the police argue that the world would end if the BAR20 liquor licence was not cancelled, I had time to reflect on the big picture and what changes should be made in the management of PPN to salvage what is left of our investment.
The police constantly argue for a perfect world, the trouble with that scenario is , if we had a perfect world we wouldn't need a police force.
I believe that PPN needs a strong board of independent directors, with minority shareholder representation, as John Trimble cannot and should not run a listed public company on his own.
I do feel comfortable with John at the helm, he does seem to know his way around this industry, however a cut in pay may be appropriate. I would agree, we do need minority shareholder representation, some one on the ground that has the ability to enter the premises at any time and keep the minority shareholders informed.
Thanks for the crime stats on adult entertainment v places of worship. Very interesting.
I would have replied yesterday but my current supplier cut my power off.
PPN Price at posting:
25.0¢ Sentiment: None Disclosure: Not Held