SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person* Abacus (Nominees) Ltd (Last) (First) (Middle) ELENION BLDG, 2ND FLOOR 5 THEMISTOCLES DERVIS ST. (Street) NICOSIA G4 CY-1066 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 04/06/2010	3. Issuer Name and Ticker or Trading Symbol PRIVATE MEDIA GROUP INC [ PRVT ]
		4. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director X 10% Owner Officer (give title below) Other (specify below)	5. If Amendment, Date of Original Filed (Month/Day/Year)
			6. Individual or Joint/Group Filing (Check Applicable Line) Form filed by One Reporting Person X Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	2,781,029	I	Tisbury Services Inc.(1)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person* Abacus (Nominees) Ltd (Last) (First) (Middle) ELENION BLDG, 2ND FLOOR 5 THEMISTOCLES DERVIS ST. (Street) NICOSIA G4 CY-1066 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* Tisbury Services Inc. (Last) (First) (Middle) ELENION BUILDING, 2ND FLOOR 5 THEMISTOCLES DERVIS ST (Street) NICOSIA G4 CY-1066 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

Explanation of Responses:

1. The shares are owned directly by Tisbury Services Inc., which is a wholly-owned subsidiary of Golden Lake Trust. The reporting person is the trustee of Golden Lake Trust, the sole shareholder of Tisbury Services Inc. The reporting person disclaims beneficial ownership of the securities held by Tisbury Services Inc., except to the extent of its pecuniary interest therein.

	/s/Abacus (Nominees) Limited by Sophia Ioannou, Director	08/11/2010
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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