annual report produced, page-4

I urge both pro- and anti- Radford shareholders to carefully consider the "Partial takeover" clause to be approved at the AGM. Such clause would give Radford complete control over our company without any fear that smaller player(s) can mount a partial takeover and boot the incompetent board out.

More specifically: if a partial takeover offer is made Radford will call a meeting of shareholders where a "simple vote" can rule against the offer being carried out. Since Radford and the two non-existent directors hold the vast majority of the otherwise fragmented register it will be virtually assured that any such offer will be promptly overruled.

Since the directors are unable and unwilling to create value for shareholders via dividends or buybacks it is our last remaining hope that a predator will take PPP over. Voting for the clause above will diminish this possibility and as a consequence any premium which may exist in the SP now or in the future.

PPP has always been Radford's play-thing but his greed and dishonesty last 12 months are really getting through to me.

WHO BENEFITED THE MOST FROM OUR COMPANY IN THE LAST 12 MONTHS??? [HINT: ANNUAL REPORT PAGE 13, 250k for WHAT???????]