LAS VEGAS — According to www.xbiz.com – Consipio Holding Group, which claims to hold 5.6 million shares of Private Media stock, is seeking stockholder support to elect six director nominees to the board at the annual shareholders meeting Nov. 18.

Consipio wants the stockholders to elect Private’s former CEO Ilan Bunimovitz, David Dohrmann, Eric Johnson, Alexander V. Matveev, Charles William Prast and John S. Wirt to serve on the company’s board.

Consipio believes that Private’s board has failed to direct the affairs of the company in a manner that is in the best interest of Private’s stockholders due to inappropriate influences and control exercised by the company’s chairman and principal stockholder Berth Milton.

Consipio also believes that significant changes to the board are necessary to ensure the company is managed in a manner consistent with the best interested of all stockholders.