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Vance

06/22/10 10:45 AM

#3892 RE: NYC Trader #3890

From the last annual report in April 2010 it shows:


Donald Trump 3,625,000 6.68 %

Mr. Trump was paid these shares as compensation for granting us the rights to publish the Trump Magazine which agreement was terminated on August 31, 2007.



http://ih.advfn.com/p.php?pid=nmona&article=42399448&symbol=PPBL

So it would appear he owns because he was paid those shares. It also says:

Termination of Trump Licensing Agreement

Sobe was the publisher of the “Trump Magazine,” of which it ceased publication following the winter edition. On August 31, 2007 Trump World Publications, LLC and Mr. Donald Trump (“Trump”) terminated their publishing and licensee agreements with Sobe. On the date of termination, Sobe owed Trump $270,000 of unpaid license fees.

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smoking cohiba

06/22/10 11:06 AM

#3895 RE: NYC Trader #3890

FYI
Trumps shares are restricted and can not be converted for 90 days after the company is an operating entity
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ErnieRee

06/22/10 11:07 AM

#3896 RE: NYC Trader #3890

I agree, with Donald on this we are sure to see this explode with time. He wouldn't throw money into this for nothing.
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grapeman

06/24/10 7:25 PM

#4239 RE: NYC Trader #3890

He is the only man I have ever heard of who lost money with a Casino, and during the "easy money years".