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Will do roach, thanks for the invite.
Yup. Come to my board sometime. RC visits every once in a while to spread good cheer. Lol
Hi roach!
Using a free account, no PM ability.
Hope all is well with you, too many unexpected events in my life to spend much time on the boards, Still remember the good times here when the scammers were in full swing. Thought we hit the big one, the joke was on us...
rally shame, she was the only innocent one!
but WTFDIKQ
Ya. The Meds I'm on made me dizzy and Blackburn went the wrong way. Like our investments here. Wrong. Grrrrrr
She was killed in a freak accident at Cradfest 2008. Roach was participating in the Blackburn Toss when he made an errant throw. Ron landed on Maggie May killing her instantly.
rally geeez but what happen to Maggie May?
For god's sake DJ, don't cry over there. The Taliban take that as a sign of weakness.
RC, no worries brother, some times the truth is the hardiest pill to swallow. I agree and they should have been more open and transparent with their actions. I know they dealt with a lot of negative bashing on this forum and others so maybe that had a part to play in their silence.
Either way, I have never given up on anything in my life and at this point my only option is to maintain delusional optimism or cry, and I ran out of tissues last week!! LOL.
DJ I hate to discourage you but one of the many blatant scams PA CA and RB pulled was to have stockholders trade in their shares for Preferred shares scheduled to mature long after they would have disappeared with all the money. They sold the shares that were sent out the back door knowing full well that they had issued worthless paper in return. Only full blown thieves would do that. Thieves without any fear of legal consequence. They shouldn't be counted on to do anything other than thieve and steal to feather their own nests. My only hope is that all three of them die in jail.
It reminds me of the Beatle days
"Paul is dead, Paul is dead.
If so,? It's the first death I'm happy about since Osama Bin laden.
RC, you are CORRECT! That is another reason why I think this bird will spring up from the ashes again. I guess I have no options at this point but just wait and pray. I don't want a bashing from this forum so I haven't posted much in the past but, I don't see how Paul and Carolyn did anything wrong. If my speculation is correct, maybe they did this transfer to TECO to circumvent the Chapter 7 time frame. If all claims against Phoenix are settled and they reverse merge TECO into Phoenix. Could this happen?
Chilar, Are these actual aires of Paul and Carolyn or just people they sold the property too? I think they have a rule in those Parishes that you have to publish property transfers. Wasn't the lot 91-A the last unit in that condo development on the water? I think the Bonita Drive 2 is a vacant lot that they had planned to build a home or something. Old age is catching up to me and this thing has dragged on so long I can't keep the players and cards straight.
I searched again today on NOLA and St.Tammany Parish
The interesting part of that long document was how PBLS money matriculated it's way over to Treaty.
RC, Thank you. I am not an attorney but from what I can translate the only outcome from this was plaintiff claim against Paul and Carolyn was denied because of lack of evidence. Blackburn however was held liable for three promissory notes in the amount of ~$250,000. I also saw a judicial docket I believe in Feb 2013 that Highland was awarded $25,000 from Paul and Carolyn for legal fees. Again, not an attorney so I could be wrong or missed something.
Hypothetically, how long after Chapter 7 could a company do business again? Can it ever do business again? I think a personal chapter 7 remains on record for seven years. Is it the same for corporations?
This is a must read if you haven't already:
http://chapter11cases.com/in-re-alonzo/
DJ, some local info from the swamp:
You are right over $500,000 has recently transferred from him to his apparent airs.
Old Landing subdivision, lot 91-A: Charles Paul Alonzo Jr. and Carolyn Williams Abney Alonzo Estate to Jason B. Kennedy, $425,000.
Bonita Drive 2. The Estates of Carolyn Williams Abney Alonzo and Charles Paul Alonzo Jr. to Kimberly D. Edwards and Donald G. Edwards Jr., $105,000.
This is our buddy but I still can't find an obit
I had forgotten about that security guy. He was brutal to the shareholders until he got screwed and fired. He sure changed his tune when that happened.
DJ, here is answer from my pal who lives in La.
"It is true. Not sure if I can find the obit. He kicked a couple weeks ago I was told. I was talking to the guy who helped runs security and got screwed out of his paycheck"
Chilar, thank you for the follow up. I have searched every possible avenue via web and can not find anything for Paul Alonzo or Charles Paul Alonzo regarding death certificate, obituary, or funeral services. From what I can see he is only 67 years old which is not that old these days.
You are correct and TECO was purchased with PBLS funds. Also, I know they lost the leases in Texas because of failure to develop but what about the wells Carolyn owns from her previous marriage to Abney in Nevada. I think they where near the Tea Pot dome area.
Again, I am trying to hold out some hope of recovery. I dont understand why PBLS stock is still listed for trading.
RC & DJ, I have a good pal, also scammed, that lives in the area who informed me of pa death.
Don't forget when searching the obits that paul is not his first name, as I recall.
I'll ask my pal to elaborate.
BTW, all former pbls shareholders should consider an excursion down de swamp to pizz on pa grave.
RC, as you might recall teco was acquired with pbls$.
You say that, but from what I see on the news I feel safer over here. I read about people shot by their neighbors, class mates, and fellow americans almost everyday. At least here I know who the enemy is.
I spoke to a woman on the phone the other day and she told me to be safe over here. I responded, "you be safe over there"!
When you do this kind of work it is just like being a soldier and you know the risk and you accept it. You remain diligent and alert to your surroundings.
17 children blown up on a corner waiting for school in Afghanistan.
20 children shot at school in Connecticut.
27 Shiite pilgrims killed by suicide bomb in Iraq
3 dead and hundreds injured Boston Marathon
4,488 U.S. Military casualties during the entire Iraq War
4,494 U.S. civilian gun shot deaths from Dec 1st 2012 until Jun 1st 2013. (six months)!
My luck I will finally return to the states and get popped by some psycho at the grocery store!
I am planning to return to the states but I wanted this money to purchase my own business. At least a good down payment on an SBA loan.
desert your risk is greater where you are than getting your money back here. be SAFE GLTY
Thank you! Honestly, the, "when this stock had value" comment kind of stings. LOL. I am actually in Afghanistan now. I am a contractor with a skill set from my military active duty days that fits in well with the military operations. I spent 5 1/2 years in Iraq and now 4 in Afghanistan. Besides the horrible economy in the states I have been praying this investment would turn around and I would go home for good. I put $120,000 into this under the recommendation of my ex-father in-law and I pray it does something soon and I can just recoup my investment. My ex-father in-law is in the oil business in Texas and friends with Sam (Sam's Oil Country Inspection). In the mean time I will keep my hopes up and my head down.
Incidently, I remember you from way back when this stock had value. I believe you were stationed in Iraq at the time. Anyway, I hope you're home safely by now, and thank you for your service. You da man !!!!!
Incidently, I remember you from way back when this stock had value. I believe you were stationed in Iraq at the time. Anyway, I hope you're home safely by now, and thank you for your service. You da man !!!!!
No offense taken at all. I had heard Paul died from another poster here I believe. His handle is chilar4567. Perhaps he will respond by telling us if and where he got that info. The short answer is that I do not know for certain that Paul is dead. Hmmmm....That almost sounds like I'm talking about the Beatles....Anyway....
Not to doubt your information but what makes you believe Paul is deceased? I have searched Louisiana and Florida for such records and can not locate. Also, wouldnt they state that in some of the most resent court documents dating Feb 2013 regarding Highland? Again, not questioning your knowledge. Thank you for the reply.
I understand Paul is deceased. Unfortunately him and his wife turned out to be just as crooked as Ron was. Unless and until someone can prove that PBLS money was transferred to TECO, and that TECO actually has any money left to fight over, we will continue to get the short end of the stick.
PS) I understand Maggie Mae is now a watch dog at the Mitchell pit.
Is it possible that PBLS managers/officers lay low until bankruptcy and all associated lawsuits are settled and then reverse merge with TECO, then resurface? I don't understand why this stock is still trading. Also, if Ronald Blackburn's actions (he is accused of), did bring about the demise of PBLS then why would Carolyn and Paul continue to do business with him. Still opening corporations as resent as 2009/2010. I remember them saying they would be back as their moniker implies. I have a hard time believing this was some sort of Illuminati conspiracy. Maybe I am just trying to fool myself into believing I can recover some day.
Hopefully we will have the last laugh when those POS crooks are behind bars.
I'm sure PA and RB are still laughing at us!
I like your name, maybe you can make a difference to people being robbed of their hard earned money by some of these scammers. SmackDown
I like your name, maybe you can make a difference to people being robbed of their hard earned money by some of these scammers. SmackDown
I like your name, maybe you can make a difference to people being robbed of their hard earned money by some of these scammers. SmackDown
Did the PBLS shareholders make a claim in the bankruptcy for fraud? I don't think so or PBLS would not have been able to stay in an 11 for the time they did before converting to a 7 when all the assets were already gone. Or did they just set back and accept they were shareholders? The way these type of scammers get away with this at this level is to pay things in stock that way most creditors become shareholders and they are funded by pumping and dumping shares on the dreamer. If there are clear pumps that are lies or misrepresentations, and an investor acts on that misrepresentation and loses money, they should make a fraud claim. Fraud claims are then counted as creditors and those that have been defrauded can act in the federal court bankruptcy system against such scammers. These are my opinions and victims should read up on the law and there will not be as many of these scammers out there anymore. Some penny stocks are really trying to move their product others just try to sell shares. SmackDown
You are mistaken, otherwise the PBLS shareholders would have gotten some of their money back when PBLS went belly up. The creditors all got paid something but no shareholders got anything except a long wait at the end of the line. This bankruptcy is no different. Both companies were run by scammers.
If a shareholder buys a stock because of an outright fraud and they lose money when they sell, that loss being due to fraud can go to the front with the creditor line. It is time these type of guys start having to answer for what they do. SmackDown
That's a comforting theory. The only problem is that the reason a company goes into bankruptcy is because they don't have enough money to pay their debts. The pecking order line begins with the company's creditors and vendors with actual shareholders standing at the end of the line. In other words, the company may well owe us money but one can't get blood out of a rock.
I sounds like you're playing with one of those 8 balls that answer questions.
It is my understanding the recent Involuntary Bankruptcy petition filed against Treaty Energy Corporation (TECO) and several other names are trying to connect PBLS and TECO as well as other companies. Some of the legal fraud theories are that this group intentionally got investors into schemes they knew would fail but wanted to sell stock. Basically your damages could be the value of the stock when you bought it minus the amount when you sold it. That would in theory be your actual losses then if Treaty/PBLS et al is found to have done this to multiple parties there could possibly be 3 times that awarded as additional damages based on the legal theory of RICO. What was the price for PBLS stock when you purchased? These are my opinions and understandings from court documents and research that I have done. SmackDown
will my .0001's (132.00 worth) ever make coin return?
Forced Involuntary Bankruptcy against Treaty Energy Corporation names Phoenix Associates Land Syndicate, Inc. as an alias and may effect the old creditors and stockholders of PBLS. New Orleans Bankruptcy Case number 13-11238 under judge Brown. SmackDown
Was highground Inc. ever the operator for Treaty?
http://www.rrc.state.tx.us/meetings/ogpfd/7C-66036-DEF.pdf
Actually the mod was a team of 2 that are buddies of moonshine. Lol anyone in that scam should have seen the light when they snuck away in the nite. (with bags of ill gotten loot)
I noticed their famous Mod bailed just before it went south.
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________________________________________________________________________________________________________________________________________
CONVERSION FROM CHAPTER 11 TO CHAPTER 7
UNITED STATES BANKRUPTCY COURT
EASTERN DISTRICT OF LOUISIANA
IN RE NUMBER
PHOENIX ASSOCIATES LAND SYNDICATE 09-11743
SECTION "B"
DEBTOR(S) CHAPTER
To Be Converted to
CHAPTER 7
ORDER CONVERTING PROCEEDING FROM
CHAPTER 11 TO 7
Considering the motion of PHOENIX ASSOCIATES LAND SYNDICATE to convert
Chapter 11 proceeding to Chapter 7 filed on July 30, 2009;
IT IS ORDERED that the proceeding filed herein by PHOENIX ASSOCIATES
LAND SYNDICATE on June 10, 2009, be and it hereby is CONVERTED to liquidation under
Chapter 7 of the Bankruptcy Code.
IT IS FURTHER ORDERED that PHOENIX ASSOCIATES LAND SYNDICATE
file a list of all obligations incurred during the Chapter 11 proceeding which remain unpaid.
Said list is to include each creditor's full name, complete mailing address, and the amount owing
and is to be filed with the Court together with an updated mailing matrix no later than AUGUST
17, 2009.
IT IS FURTHER ORDERED that PHOENIX ASSOCIATES LAND SYNDICATE
file with this Court and with the U. S. Trustee, no later than AUGUST 17, 2009, a financial
statement showing its operations during the Chapter 11 proceeding. Said financial statement is
to include a balance sheet and profit and loss statement together with a list of all assets.
09-11743
IT IS FURTHER ORDERED that should the debtor fail to comply with the foregoing
orders, citation for contempt and/or sanctions may be issued.
IT IS FURTHER ORDERED that the U. S. Trustee appoint a trustee in the converted
proceeding.
New Orleans, Louisiana, July 31, 2009.
_________________________
Jerry A. Brown
U.S. Bankruptcy Judge
Phoenix Associates Land Syndicate Chapter 11 BK Case No 09-11743 Filed June 10, 2009 Assets 0 (at this time) Liabilities $16,988,271.51
Bankruptcy Attorney
Claude C. Lightfoot, Jr. P.C.
424 Gravier Street Third Floor
New Orleans, LA 70130.
Phone: (504) 838-8571.
Fax: (504) 838-8572.
clightfoot@claudelightfoot.com.
www.claudelightfoot.com/
Phoenix Associates Land Syndicate, Inc.
504 Water Street Madisonville, LA 70447
http://www.pbls.biz/
________________________________________________________________________________________________________________________________
Ticker Symbol: PBLSQ
Share Count Information:
A/S: 2,875,000,000
O/S: 2,765,645,475
Restricted: 54,361,761
Standard Registrar & Transfer
Phone 801-266-7151 (Amy)
_____________________________________________________________________________________________________________________________
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