June 15, 2000 08:34pm
Private Media Group Inc. Stock Now Affordable to Fans of Private Products
Source: Private Media Group Inc.
by: Company Press Release
(BARCELONA, SPAIN) -- As the first adult entertainment content company to have its shares traded publicly on the Nasdaq stock market, Private Media Group’s share price has increased dramatically since it was given approval to be listed on Nasdaq in early 1999.
So well has it done, in fact, that its recent price range has been between $30 and $40 dollars per share. Realizing that to buy even one-hundred shares is quite an expensive proposition for most people who are not professional investors but who are fans of the company and its products, Private Media Group has ‘split’ its stock price in three by means of a ‘stock dividend’.
This means that people who owned shares in Private Media Group on May 30 were today given two extra shares for every one already held, so that the share price is now approximately $11 dollars per share. So, forget all the internet hype: now you can own a bit of Private and be part of one of the few profitable New Media companies and one which has a constantly growing international membership of this very site, www.private.com. This is an exciting growth period for our company and we’d like nothing better than you to be a part of it.
Private Media Group trades on Nasdaq under the stock symbol ‘PRVT’ and, to buy shares, you can either contact your stockbroker or do it online by following theinstructions which are given at our corporate website, www.prvt.com. There are also links on thissite to official accounts of the company and a list of press releases announcing various recent joint ventures and other news items. You should use all such toolsand information to make a considered decision. This announcement is not a solicitationto buy, as that is something only you can decide. All we have done is to make the stockmore affordable should you consider buying shares in Private Media Group Inc.
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