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A rose by any other name is still a rose....a leopard and his spots....an old dog new tricks. Only time will tell if things will really change IF they can collect these large sums of money. I'm not counting on it, but if it happens I'll be pleasantly surprised. One would think they would hire someone to write a PR NOW not soon! I expect the 300 million is a very high estimate and the attorneys will end up with a big hunk of whatever the figure ends up being.
IMHO I'll be surprised if we ever get out of the sub penny range......
I'm still long, but I've moved on to bigger and better things.
MADISONVILLE, LA -- (MARKET WIRE) -- 11/14/07 -- Phoenix Associates Land Syndicate (Phoenix) (PINKSHEETS: PBLS) announced that effective November 15, 2007 at 5:00 PM-Central Standard Time, the Company is terminating the "Voting Preferred Stock Participation Program" that was originally announced on February 15, 2007.
The Company indicated that any shares that might be received by the Company following the termination of the program will be returned to the sender on a timely basis.
About Phoenix Associates
Phoenix Associates Land Syndicate is a holding company with assets in aviation, sand & gravel, soil products, land development, oil and natural gas, commodity brokering, plumbing, trucking, contract hauling, construction, swimming pool construction and construction related industries.
Forward-Looking Statements
This press release contains statements that are "forward looking" and are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995 and federal securities laws. Generally, the words "expect," "intend," "estimate," "will" and similar expressions identify forward-looking statements. By their very nature, forward-looking statements are subject to known and unknown risks and uncertainties that may cause our actual results, performance or achievements, or that of our industry, to differ materially from those expressed or implied in any of our forward-looking statements. Statements in this press release regarding the Company's business or proposed business, which are not historical facts, are "forward-looking" statements that involve risks and uncertainties, such as estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements. Investors are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date they are made.
For More Information Contact:
Mike Mulshine
Osprey Partners
(732) 292-0982
osprey57@optonline.net
After today, its no longer Miller time its Old Milwaukee time....have to cut my operating expenses. Glenfiddich? Hey Roach, does that stuff mix with DP?
Happy trails.....
Long and just about to give it up, probably could cash in and maybe buy one 16 gallon keg if my wife would give me a couple of bucks, and throw all you shareholders a party. yall would have to bring the peanuts, chips and dips.
Just,
It means that if they were to go drill a well on their "oil leases" where ever they might be, and find a 1000 barrel a day well, which is a REAL stretch....the earnings from that would equate to about $0.01 per share. The odds of that happening, My guess is about 1 in 2,500,000,000....funny, I've seen that number before. Even if it did, we might not here about it for a "FEW" days. I can only hope that if they get into exploration, they find some outside expertise!
Again JMO
Come on people, really now, who among us really expected anything different? Just another band aid on a hemorrage...
Well Mick, I've been flipping this stock off for a while!!!!!
The real trick is to convince the powers that be to do their job in OUR company. "PR coming ______" I'm not gonna say it.
Whirl, tomorrow only brings a Tuesday, but only if that Madisonville time warp doesn't interfere. Roach... WOW .025, .025, .025....Hic, Hic, Hic. Sorry, it was Miller Time.
Xylan, you know November gets here pretty SOON, at least before December. Maybe that will be our next PR...November follows October and is usually before December. Of course we have to assume that PBLS uses the same calender as we use. Who really knows, maybe they got here via Roswell back in the forties.
At least they said we should get a follow up to a letter that was a follow up to our not getting a PR anythime soon or lately. Heck now I'm confused...It must be Miller time!!!!
Long and holding, just weary.
Xylan,
"Possibly" this week, but I can guarantee we'll get it "SOON"
Very clever McDuck.....
Maybe we see a PR before Nov.
here's hoping....
Well its almost closing time and no PR. Its been more than a few, more than some, longer than soon....and we've all been lied to once again. What a Mickey Mouse operation (sorry Mick, nothing personal). I'm out of here. GLTA you're gonna need it.
Few
1. not many but more than one
2. few and far between, at widely separated intervals; infrequent:
3. quite a few, a fairly large number; many:
As definitions go I think PBLS uses number 2 and 3 the most
They just probably omitted Quite in front of "a few days"
It might just take longer than they expected to file Bankruptcy, LOL
As always, JMO or guess.
It does appear that some of our bashers and buyers have exited from the board.
Ren, we WILL know the truth someday....it just might not be in this lifetime!
My first purchase was at .105 post Katrina, of course I've averaged down alot since then, down to just below .02.
Come on PA spill your guts to us, give us a game plan that's believable, be HONEST!!!!! At least get me EVEN, pleeeeese!
Last trade at .0055....GO PBLS!!!!
Niko, precisely what we need. We still have assets. We need PA and company to "TAKE CARE OF OUR BUSINESS" or find someone who can! I've been here 2 years and 2 more years is nothing to me if this company gets back on track and stays focused.
Good morning to you too, sue. Your comments are always so refreshing...as well as off target. PBLS has nothing to do with this board.
Once again, board, we need to stay factual, keep the emotionally fed comments to a minimum. I know all us longs would love to NOT be able to buy any more PBLS shares at fire sale prices because the pps is going "to da moon". Bashing and buying is not helpful to us longs.
The very best thing that could happen is for PA to come clean, start over with a future-looking game plan and stay focused. It would be nice to see some of the OS retired, win the "pit" case, recover damages from those that hurt the company, provide transparency, etc, etc...
BTW there's alot of the NYSE companies that give misleading or unattainable PR's. Companies PR what they project, but it doesn't always happen, thats life, not necessarily lies. PRing results or changes in plans is the way those CEOs/Boards stay upfront with the owners of their companies, us the shareholders. It's all about integrity.
JMO as always. Long and holding for over 2 years.
QUIET, sit down and be quiet!!!!LOL, I mean DO I look like a SEXYZSUE? haha! Really now, I'm just a LOVEABLELARRY trying to make a few "dead presidents" to put in my account. I do have a cat named Suzy....Suzy Creamcheese. Thank you Zappa!!!!
You guys in Madisonville, come on "MAKE MY DAY"
pleeeeeese
good one taint
I'm sure you're right....OR he/she/it might already have one on this board.
We that are long need to stick together and dispell the rumors/lies and dig for the truth. Thanks for everyone that has provided factual info and DD, keep it up, everyone else go over to another board, please.
Well I haven't believed ANYTHING you've been saying, it appears you speak out of both sides of your keyboard just like the PR typists at PBLS. Kinda hurts when the truth is discovered....
I'm long and holding
Go PBLS
please
pretty please
Hey Sue:
On 9-1-07 in message #52150 you wrote:
hey massimo, i do own shares i have 62,000 that i am gambling with
did you notice, i did not call it speculation.
Then on 9-13-07 you wrote in message #53338:
before anyone says, do I own shares the answer is yes
162,000 shares and from seeing what's going on in trading
it appears the company cashed in $300,000 the other day......
I do not plan to sell, because of suffering a loss
oh I will ride this out, either broke, or watch this company shake in it boots, when the law comes knocking
NOW you say you have 700,000 shares, it appears that you've been "bashing and buying" How about it SEXYZSUE?
Sexy, back on 9/1/07 you wrote:
2. remember your in pinky heaven, don't swallow what is said
by the managment, or surely you will be burnt.
3. Komex deal,,, nobody can prove that their is a deal.....
don't believe a newspaper release the con man is probably responsible for the release...... i say Show me.
WHY WOULD YOU BE SO ADAMENT ABOUT WANTING ALL OF US TO BELIEVE THE LAST PR? I'M NOT QUITE SURE I UNDERSTAND WHERE YOU'RE COMING FROM OR GOING TO.....
THIS IS PBLS HOW CAN WE ARBITRARILY CHOOSE TO BELIEVE THIS ONE PR WHEN THE OTHERS ARE SO UNBELIEVABLE
Good job, Rally. Local authorities usually are not nearly as thorough as the Feds. It will be interesting to find out the details of the local investigation, should be public record when the investigation is closed.
I'm not really sure why anyone would believe any of their PR's or just arbitrarily choose to believe one PR when stating disbelief to all the previous ones. IF, the authorities have actually been called in to investigate the alleged con artists, then PBLS will have to open the doors to their operations to assist the investigation.
Based on what we all think is going on with this company, surely they (PA) wouldn't open their own Pandora's box...so to speak.
JMO
PINKYS COME AND GO, BUT FAMILY UNFORTUNATELY, WHILE NOT FOREVER, IS OR SHOULD BE THE PRIORITY IN OUR LIVES. I WOULD TRADE ALL MY PINKYS AND NYSE'S AND EVERYTHING ELSE FOR ANOTHER DAY WITH MY PARENTS. PNEW, YOU ARE IN MY PRAYERS AS ARE YOUR PARENTS. LITTLE ELSE IN THIS LIFE IS MORE IMPORTANT.
GOD BLESS YOU AND YOUR PARENTS.
IN THE SCOPE OF THINGS, PBLS MEANS VERY LITTLE.
LARRY
I think it has to be interstate....
If memory serves me right about a year or so ago, I remember PA requesting that shareholders cert their shares in order to fend off NSS, Then PBLS establishes the program for common share swaps for DIVI paying (or as it turned out NON-DIVI paying) shares. Pretty convenient to prepare everyone in advance to have their shares certed prior to the swap. I wonder if this was just coincidence or calculated?
Then as checks are bouncing and layoffs are occuring and the walls appear to be crumbling, PA PR's that false and misleading statements presented to the public via chat rooms are responsible for the PPS decline and those responsible will be dealt with. Another coincidence or a calculated way of keeping disgruntled, layed off employees from spilling their guts.
Truth is always a defense, so if thre is someone reading this, that can substantiate their comments with fact, not feeling, please speak up. I've been long for over 2 years, can't loose too much more as there's not much left.
If this company isn't a scam then someone needs to squash all the rumors with fact. Come on PA or RB tell it like it is, good or bad, but just facts. All of the unknowns are the reason for the demise of the PPS.
of course this is JMO.
This really makes you wonder just who's conning who! It doesn't really take a rocket scientist to figure out who the shills are on this board, come on, just read the posts and when they were posted and maybe when they quit posting. 2+2 always equal 4.
Almost sounds like PBLS was trying to con the professional cons.....that NEVER WORKS!!!!!!
Hey I'm no cherry to these stocks but I got taken in by the same thing that got everyone else, GREED!
Once a pinky always a pinky....at least until belly-up!
Shame on all of us longs for going down with the ship, that's for the ship Captains. This ship has been run by a bunch of swabbies....and don't count on visitation when you're behind bars, PBLS officers, if you defrauded us.
I'm still long, but only because I've only got a little more to loose before zero.
JMHO
Actually its the .0064 cent question, maybe Niko and FM are right and we've hit bottom . Now the skys the limit, or at least get us out of sub-penny land.
Still waiting on this elusive little secret that PBLS Millionaire has promised to divulge.
Still long, holding, wishing, hoping and a bit insane.....
Hey millionaire, What exactly is this secret? We're all waiting........
See message 55106
Hey Cowboy, before you put those buys in, buy a couple of hundred shares at the ask. Usually that sets up for someone to dump a bunch at the bid or lower, should get your shares at a lower PPS. I guess we could really screw up someone's signals if we all started trading really small amounts randomly.
Just a thought, Just my Opinion......
Wank, I've been drilling wells in Texas for over 30 years, seen the price of oil go from $7 to $40 back to $8 up to $35, back to $10 and now around $80. Been called insane for doing that, PBLS is just another wildcat to me. Lots of successful people have been called insane. If PBLS doen't work, I'll find another wildcat pinky to entertain me.
Insane, Long and Holding........
All us longs are probably insane or we'd be on some other board long before now. But hey, I still like going to Vegas or Shreveport, and I've never broke their bank. I keep "Wishing and Hoping" (thanks Dusty Springfield).
Long and Holding........
uptick to .0065 for only 1000 shares maybe a signal?
Thanks Shiz, reporting is one thing, but putting your money where the report comes from gives real credibility. The whole board should give you a big BOOYAW!!!!!! We (at least most of us) want to believe that our investment has at least got some chance of making us money. Your declaration of increasing your position after your visit makes that believable, at least to me. Thanks for everything and Godspead to all and most of all to PBLS. I've been long since Sept. 05 and staying long. My avg. PPS is .015.
Go PBLS
PS: My DP is diet!!!!!!
Just curious, Shiz and/or FMI, have either of you increased/decreased your stock position in PBLS since your visit.
Info on Able:
www.manta.com/coms2/dnbcompany_8nrk96
Shiz and FM, I think we're all grateful to yall for doing what yall did. This board is starving for info and right now yall have become our only source. A man in the desert, dying of thirst, finds a small puddle of water. Does he only drink what he sees on top of the ground, or does he frantically dig for more. We're like that man in the desert, your info is our small sip, we all want more. Yall aren't to blame, PBLS is! They need to treat us like the owners of the company that we are. My calls to Ron B. have not been returned and although I have spoken to Mike M., I think he's only a puppet.
By the way Shiz and FM, have either of you changed your positions in PBLS since your trip? Just curious.
Of course I'm not suggesting that they PR every phone call, but to my knowledge, this is the first "outside" shareholder contact with a Komex rep, yet the rest of us still don't know anything about them. I, too, am grateful for anyone that can provide us with anything factual about this "pinky", but we need PR's on a consistant basis, if for no other reason but to let us know that PBLS recognizes that we exist. This is a company that tends to PR on a reactionary basis, not proactively. They should be informing shareholders of all this so-called extroidinary growth, they should do what they say they are going to do.
I'm long in this company for the same reason everyone else is, our goal is to make money, or more bluntly GREED! I love hearing anything that makes me feel like I've made a good decision owning this stock, but I'm not naive. This company is a "pinky" for good reason. We should all remain cautious. JMO