Charles Prast - Private Media Insider

PRVT -- USA Stock  

USD 0.005  0.00  0.00%

Mr. Charles Prast is President Chief Executive Officer Interim Chief Financial Officer and Director of Private Media Group Inc. He was elected as a Director at the annual meeting of shareholders held on January 11 2012. Mr. Prast was appointed as President Chief Executive Officer and Interim Chief Financial Officer on March 28 2012. From June 2005 until late 2008 Mr. Prast served as a Director and CEO of NASDAQ listed Interactive Television Networks Inc. an IPTV provider. Since 2008 Mr. Prast was focused on providing adult media interactive entertainment intellectual property and debt obligation advisory services to various companies. From March 2008 to April 2009 he served as a Senior VP of NASDAQ listed New Frontier Media Inc. the U.S. adult broadcaster. Mr. Prast also served as President and CEO of Private Media Group Inc. from May 2002 until November 2003. Prior to May 2002 Mr. Prast served as a senior investment banker in Europe with a number of multinational firms including Drexel Burnham Furman Selz and Commerzbank
Age: 45  CEO Since 2012      
34 93 620 80 90
Prast received a Bachelor of Arts Degree from Bates College in 1987.

Management Efficiency

The company has return on total asset (ROA) of (17.9) % which means that it has lost $17.9 on every $100 spent on asset. This is way below average.
The company currently holds 3.21 M in liabilities with Debt to Equity (D/E) ratio of 0.22 which may suggest the company is not taking enough advantage from borrowing. Private Media Group has Current Ratio of 0.56 indicating that it has a negative working capital and may not be able to pay financial obligations when they are due.

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Entity Summary

Private Media Group, Inc. produces and distributes adult entertainment content in Europe. Private Media Group (PRVT) is traded on OTC Market in USA. It is located in Private Media Group, Inc.Barcelona, and employs 38 people.

Private Media Group Leadership Team

Eric Johnson, Chairman, CEO of Entruphema Inc and President of Entruphema Inc
Anna Maksimova, Independent Director
John Wirt, Independent Director
Michael Martinez, Independent Director
Charles Prast, CEO and President Interim CFO, Interim Chief Accounting Officer and Director

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