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monkeyfrog
That is certainly not the case for me, however it is hard for me to do any research at work.
In your research though, you should have also found that Ro-mac, now Phoenix did file bankrupt in 1996? date?. Something we did all know about. Stemming from that I am sure are items that were included, but not reported as such. It happens all the time in credit report histories or background checks.
I also think you should e-mail or call PBLS about these questions when you have done more follow up. I asked Ron about the one with Elite Rentals and another one I forget, but it was even more of nothing.
Before doing that, I would weed out the ones that you can and that will certainly require a little more time than paying for a report. I do not know what you expected. Not many people take the time to try and decipher legal documents. If you really want to know that bad, you need to crank up the DD machine on more than 24.95 octane.
Last part was not to be rude or anything, but a discussion requires more than just a topic. If you have any further information I would hope that you would pass it on.
If I am remembering correctly, which sometimes I do not, the last time you posted more than a couple of times it was about the same type issues. I do not believe you were invested at that time. It was a while back. *shrug*. You had a big piece of info at that time, that you would not share, which is why you decided to invest.? The last thing that I would want to do is run around in circles to provide you answers you already know. Again, I could be wrong, someone with search capabilities here can correct me. My time is limited, but I still find time to do a good bit of DD.
The easiest way I have found about going about this is to call the plantiff first. You really want to know about DGH....
http://www.dghpetroleum.com/index.cfm?seccion=email
This is a link right to the contacts for them. You can weed out some of them this way. You will most certainly have to call around or get transfered alot until you find whom you need to speak to. Keep a running list and e-mail PBLS in a nice manner when complete. If you do not get a response, then call. As the example of DHG, rule of thumb would be that if they can not talk about it, you should not expect that PBLS will be able to.
Regards,
Fizzlegig
monkeyfrog
The one filed in 2004.
Read dated below:
Phoenix Associates Land Syndicate Settles Long-Disputed Notes
Tuesday January 3, 10:03 am ET
All indications is that it is settled and what PBLS gave to settle it is in the PR.
Regards,
Fizzlegig
Imirish
He said he was not going to post here anymore. He probably will not or at least not under that nym. So it is a mute point anymore. I still just do not get it though. The guy "tommytanks" said to ask Mike M. if a guy named Tommy called him and someone does exactly that.
Mike M. answered that very question and corrected whatever misinformation he posted about filing dates etc. I agree the personal information should have never been a part of the response.
I certainly do not know if Samstarr007 = tommytanks or if he is even affiliated with him. It is just silly though that if he is, he would go through all that trouble to create another nym to simply post that he called and talked to Mike M.
Perhaps he knew he was about to post misinformation, if that was the case, maybe not. You would think that being a professional investigation service, getting dates and times etc. accurate would be a big part of the job.
Anyways, PBLS will make or break themselves in the long run. That is what I am laying my money on. I could lose it all and it will mean exactly squat. I am either going down with this ship or sailing to new lands. The longer we remain below my average, the longer I have to average down. Hopefully later we will all rejoice and thank PBLS for giving us an extended opportunity to accumulate. I hope management does not become laced with greed as some faced with the prospect of great riches will become.
The reason I tend to not think so is that a lot, if not most pink sheet companies that are desperate for funds would have been pumping away post Katrina/Rita and Oil prospects when that entered the picture. The increase in shares and the gagged TA raise red flags and lots of questions. Common sense would suggest that if the company was dumping on the market, would it not be in their best interest to pump it with nice fluffy PR's before doing so?
I think personally that perhaps they did dump on the spike to .12, which is fine by me if it allowed them to take care of past debts, give out cash for acquisitions etc. Now they can buy those shares back at 1/4th of that and use the newly authorized shares in addition to that cash for acquisition.
We as a whole do not know much more that we have for the past couple of months, which is scary. Some would think it would be better to be more transparent so that we have to give away fewer shares for these acquisitions. I say look at possibilities from the other side though.
PBLS has got to know roughly what the company is worth. We investors think that to be heavily undervalued, so does PBLS. With these acquisitions, they have committed to X price per share guaranteed. Both PBLS and the acquired company seem to think that PBLS will make good on that price. If we make that guaranteed price before the 5 years, as I understand it, we can buy those shares back and then re-issue them for more acquisitions with a guarantee for a higher price than that. In other words, they could use these shares as a stepping stone to acquire more without the need for heavy outside funding, keep them in house, offer them as a reward to long term shareholders much later via forward split or yes, they could just dump every last one of them on the open market. Still though, if all projections and PR's are accurate and forthcoming, with every single last one of the almost billion shares on the open market, we are still undervalued right now. We know that not to be the case though. At least 230 million are tied up in acquisitions per what we know from PR's and that I believe was the last PR to indicate how the shares are tied up, all before these several new acquisitions. Anyone keeping tabs of how many should be tied up based on PR's?
Regards,
Fizzlegig
asus
That is what I was thinking. His nym is actually Samstarr007. "Sam Starr Investigations" exists in Brooklyn. That makes sense.
Regards,
Fizzlegig
jjtx02
To answer your other question on RB. This was posted by Castle. I have not looked into it to verify further yet. I can not post to RB from work, but since you read here too.....
"
36070688K 12/12/2005 TCB PROPERTIES, LLC 15450 HWY 1085 COVINGTON, LA 70433
Agent: DIANE P. BLAU 15450 HWY 1085 COVINGTON, LA 70433
Agent: JASON L. BLAU 15450 HWY 1085 COVINGTON, LA 70433
Member/Manager DIANE P. BLAU, 15450 HWY 1085 COVINGTON, LA 70433
Member/Manager JASON L. BLAU, 15450 HWY 1085 COVINGTON, LA 70433
http://www.sos.louisiana.gov/public/Corp_newsletter/NewCorp_20051220.txt
"
Regards,
Fizzlegig
jjtx02
Without a doubt he was just joking. It was the day after the bash crew showed up.
Regards,
Fizzlegig
joebouganim
My only two complaints with Scottrade is
1. that they have not implimented a replacement for e-check. So now instead of filling out a check online and waiting about the same time for funds to clear as wiring it (sometime longer, but usually not), I get to pay $20 to wire it.
2. The charts are horrible, they should add something along the lines of stockcharts dot com.
Regards,
Fizzlegig
Waverider110
I did not use those numbers. I used what I could verify quickly and to be honest, I did not read his post. I am not invested in BDGR. I will say this and just know that, I do not know if BDGR has other streams of revenue, but if they project 14mil in revenues and they have 300 wells producing. 14mil / $55 per barrel (conservative number) = 254,545 barrels must be produced at that price. 254,545 / 300 = 848 average barrels per year, per well. 848 / 52 = 16 average barrels per week, per well. 16 / 7 = 2.28 average barrels per day, per well must be produced from those 300 wells to meet the raw number if that information is accurate. Definetly doable adn realistic.
The change in O/S and float are reflected in the edits below. Still IMHO not comparable to PBLS. Again, they could dilute and devistate investors rather easily unannounced and release a PR saying "SUPRISE!" hehe. As I understand it right now, unless PBLS changes "charter rules?" There would have to be a shareholders vote to increase the O/S further and again if revenues given to us are accurate, double the current O/S is still 1/4th of what we are trading at now based on raw revenues. We do still have to consider profit margins, assets and debt ratio, but we can't until we get information from the company, preferably via Edgar. I am just gussing that having all the audited info is the same story with BDGR. Let me make it clear that I do believe there is risk in PBLS, but IMHO far less of a risk than BDGR.
*EDITED post below*
"FYI though Wave. The A/S for BDGR is 250,000,000 with about 2,400,000 in float. Thats after a 500 to 1 RS, ouch.
Using just the last known float. 14mil / 2.4mil = 5.83
It is trading at roughly 1/4th that.
**Using new info 14mil / 7.6mil = 1.84
**It is trading at .30 cents under that
For fun, lets use the entire A/S. 14mil / 250mil = .056
It is trading roughly 28 times that.
For PBLS, lets do the same and use speculative float of 400mil. 250mil / 400mil = .625
It is trading at roughly 1/20th that.
Again, lets use the entire A/S. 250mil / 997mil = .2507
It is tradign roughly 1/8th that.
As for a valid comparison, I would say no. If BDGR kept the float as is, which has to be scary speculation by investors there, it is at least within the range based on revenues alone, with no growth or asset valuation. If BDGR dilutes all to hello and back, it would be devistating to investors there.
Based on revenues only and again with no growth or asset valuation, PBLS is not trading within the range and as such appears to be grossly undervalued any way you look at it. Even if the close to two billion A/S had been intentional and used as the entire float, we are still trading at roughly 1/4th of that!!!"
Regards,
Fizzlegig
Waverider110
Obsolete? That is where I got it from under company info. It appears valid and post reverse split.
Estimated Market Cap: Not Available
Authorized Shares: 250,000,000 as of 2005-12-31
Float: 2,390,000 as of 2005-06-05
Number of Shareholders of Record: 364 as of
Current Capital Change:
shs decreased by 1 for 500 split
Ex-Date:
Record Date:
Pay Date: 2005-01-05
Regards,
Fizzlegig
Waverider110
FYI though Wave. The A/S for BDGR is 250,000,000 with about 2,400,000 in float. Thats after a 500 to 1 RS, ouch.
Using just the last known float. 14mil / 2.4mil = 5.83
It is trading at roughly 1/4th that.
For fun, lets use the entire A/S. 14mil / 250mil = .056
It is trading roughly 28 times that.
For PBLS, lets do the same and use speculative float of 400mil. 250mil / 400mil = .625
It is trading at roughly 1/20th that.
Again, lets use the entire A/S. 250mil / 997mil = .2507
It is tradign roughly 1/8th that.
As for a valid comparison, I would say no. If BDGR kept the float as is, which has to be scary speculation by investors there, it is at least within the range based on revenues alone, with no growth or asset valuation. If BDGR dilutes all to hello and back, it would be devistating to investors there.
Based on revenues only and again with no growth or asset valuation, PBLS is not trading within the range and as such appears to be grossly undervalued any way you look at it. Even if the close to two billion A/S had been intentional and used as the entire float, we are still trading at roughly 1/4th of that!!!
Regards,
Fizzlegig
News - Posted on RB
News - Kerry Associates Inc. Completes Initial Bio Diesel Distribution and Feed Supply Network on Behalf of Amelot Holdings
http://bigcharts.marketwatch.com/news/articles.asp?guid={B9CE7AF0-C1EF-4CCD-8A2B-D0709F1A442D}&n...
Regards,
Fizzlegig
New 52 week high printed!
Hope you are still in Waverider110.
Regards,
Fizzlegig
Are those sells below the bid?
Regards,
Fizzlegig
Waverider110
No, I ment any speculation on AMHD hehe. It is even harder to speculate for me here. Will not go into the other here as I do not like to mention 1 stock on anothers board.
Regards,
Fizzlegig
Waverider110
Looks like they just updated the schedule to reflect March for the new rig to arrive instead of Feb/March. But with us being mid-month march. I agree, it is about time. Good to see a familiar nyme in here. I have held a position for quite as long as the other stock you may or may not recognize me from. Feel lucky to be all at .002 averaged.
I do admit that out of my portfolio, this is the stock I have done the least DD on, but it is one of the few sub-pennies I felt comfortable with risking. Do you have any speculation on a reasonable PPS we could achieve here?
Regards,
Fizzlegig
pnew122
I have been waiting for almost a week now for you to pop in on paltalk so I can personally thank you for your site.
You put a lot of thankless hours behind it and it does help longs and newcomers alike.
Regards,
Fizzlegig
chilar4567
Most of us are down Chilar. And I too will continue to accumilate when I can. Never see me wine about it either, I have made my decision about this stock and can live with it.
I think the point was that although you may be down 1000 times the cash he is, it may be a whole lot to him is all and why I agreed it was probably un-called for.
We will have our day and as each day goes by without a PR, is just another day we closer to one.
We do nto need luck. We just need clarity and the rest will follow.
Regards,
Fizzlegig
trythisagain - Agreed. His money is as legal tender as anyone elses!
Regards,
Fizzlegig
bigfatbull
Aye. You sure did. I have ran off a few when faced with conflicting posts. One clown even admitted he owned nothing after saying he owned millions, which was suprising as well. They just get a slight bit smarter and start creating new names, but it is all the same ol' garbage and they always want to save us from ourselves.
While I hope a new run has started, I just never can believe it until I see it and the way this stock trades almost nothing is predictable. On one hand am very suprised we are trading here now, on the other I can understand because we just do not have total clarity.
Our time will come and I will be waiting to jump up and down in my office and tell my co-workers goodbye or insert foot into mouth one.
Did not see your other message, but considering your past history, I doubt it was anything that deserved removal.
Perhaps you asked the same thing twice? *shrug*
Regards,
Fizzlegig
duelittle2
Thanks. Was just wondering if I missed something.
Regards,
Fizzlegig
duelittle2
Just for the sake of asking. Any particuliar reason you ask?
Regards,
Fizzlegig
trythisagain
I remember that all the way from september, just did not specifically remembered who mentioned it. Turns out, I was wrong with thinking Furr was a misspelling of Durr, even though I could make some pieces fit and Durr has already been involved with the closed landfill in LA.
I was reminded of the landfill idea from a 2002 PR and the new talks that PBLS wanted to buy the pit outright and wondering why if possibly the pit will be depleted much sooner than expected.
Regards,
Fizzlegig
Just as a follow up. The below posts and my speculation all started trying to help research257 locate whom owns the pit. All pure speculation.
By: fizzlegig
25 Feb 2006, 08:37 PM EST
Msg. 40155 of 40155
(This msg. is a reply to 40153 by research247.)
Jump to msg. #
research247
I know we may be following a dead end. On I-Hub we were speculating that PBLS wanted to buy the land for eventual landfill and I know you are just simply looking for who owns MS&G land and we have tied in that "Furr" COULD be a misspelling of "Durr". Now read this article LOL. See the name of the closed landfill in LA.? See whom got the partnership contract to top it with clay? Geeez what a researching mess.
w w w (dot) newsdesk (dot) org/archives/000400.php
(remove spaces) and replace (dots).
I need to go eat too....and grab some asprin.
Regards,
Fizzlegig
**Edit to include otehr link**
w w w (dot)nola (dot)com/newslogs/breakingtp/index.ssf?/mtlogs/nola_Times-Picayune/archives/2005_11_15 (dot) html
Regards,
Fizzlegig
oilbaron
I do not think he was serious, but CSMG is based in Texas and have patend technology to retrive usable gas from landfills. They are awaiting commision of thier new plant close by in Alabama.
Far reachin speculation about that right now would give me headaches although reading up on it, they partner with alot of companies that begin with "United" LOL.
I do not think there is any relation with PBLS, I was just being silly.
Regards,
Fizzlegig
BTW as a side note - Notice the name on the bottom of that PR. look at the date (1998) and what the PR references.
Then look at the PR:
Phoenix Associates Land Syndicate Settles Long-Disputed Notes
Market Wire, January, 2006
Phoenix Associates Land Syndicate (OTC: PBLS) announced today that it has favorably settled a longstanding promissory note dispute that has been carried on Phoenix books as a disputed contingent liability for years. The settled notes were related to capital raised, in a partial funding, in the late 1990s for the purpose of developing its Murphy Sand & Gravel operations. According to the terms of the settlement agreement, Phoenix has paid Capital Growth Resources and Capital Growth Protection, Inc. a total of approximately $557,000 in cash and approximately 11,824,000 shares of Restricted Common stock to settle disputed claims on $2,350,000 (approximately $8,000,000 total savings with estimated interest) of outstanding promissory notes issued in connection with the aforementioned raised capital.
CEO of Phoenix Associates Land Syndicate, Paul Alonzo, stated, "We are delighted to have reached an agreement to remove a significant although disputed contingent liability from the Company's books. While the Company disputed the validity of these promissory notes for a number of years, we acted quickly when presented with the opportunity to bring closure to the issue. The settlement terms will help the company and its shareholders realize a net savings benefit of an estimated $8,000,000 plus over the face value of the notes." He continued, "We continue to address potential business and operational hurdles like this while focusing on building our core businesses, both organically and through acquisitions, in order to build Phoenix into a world-class enterprise the shareholders can be proud of."
About Phoenix Associates Land Syndicate
Phoenix Associates Land Syndicate, through its wholly owned subsidiaries, is engaged in the natural resource development, commercial transportation, real estate development and diversified construction businesses. Current company assets include oil leasehold and drilling operations, sand and gravel quarry and mining operations, a contract hauling trucking fleet, diversified construction operations and land-development leaseholds. The Company is experiencing significant organic growth in each of these businesses and is aggressively acquiring synergistic businesses in order to rapidly build capacity.
Safe Harbor
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Phoenix Associates Land Syndicate and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
FOR FURTHER INFORMATION, go to the Company's website at: http://www.pbls.biz, or contact: Mike Mulshine Osprey Partners (732) 233-3853 Email Contact OR Brass Bulls Corp. (866) 342-2700 Email Contact
I assume this is all tied together.
Regards,
Fizzlegig
Mastercraft6
Agreed. Wow that list is long LOL. The topic of the day seemed to be PBLS trying to buy the land.
I will continue to hammer my head up against this wall of non-imformation we have in any angle I can think of. I do not expect to find much until the company decides to bathe us in a little bit of clarity. But I might be able to loosen a little bit mortar between the bricks. If not, it kills some spare time.
Regards,
Fizzlegig
gandalfq01/Mastercraft
gandalfq01:
No clue. We do not know the specifics of the deal or if during each negotiation to increase the lease if restrictions on stock were renegotiated as well. Anything is possible at this point.
Mastercraft:
Below is the PR I was refering to. It is old and things change. I would find it a stretch to believe that there is oil, sand and gravel all in one location. Not discrediting whom you heard it from, it would be great if that were the case. It is just speculation I would not believe until I physically saw.
COVINGTON, La.--(BUSINESS WIRE)--March 2, 1998--Phoenix Associates Land Syndicate (NASDAQ BB:PBLS) wishes to announce that it is in the process of re-negotiating its lease on the Murphy Sand and Gravel Pit, located in Pearl River, La.
Upon the successful completion of these negotiations, Phoenix should be able to increase its revenues generated at the Pearl River site. Many new opportunities to generate other sources of revenue exist at this site beyond the "Aggregate" business which is currently in operation.
In these negotiations, Phoenix is seeking an extremely long term lease at the 820 Acre site to develop a new headquarters facility and storage of construction materials and manufacturing facility.
It is also Phoenix's intent to develop a Sanitary Landfill either here or other sites currently under consideration. Phoenix has hired a well known DEQ consultant to handle the permit process.
CONTACT: Phoenix Associates Land Syndicate
Frank C. Calmes, 504/867-9426
Regards,
Fizzlegig
fmi81/Mastercraft6
The reason I bring this to your attention is not only the information about the other lease, but if memory serves me, there was a subsiquent release that they would possibly use the depleted land as a clean landfill. With all the construction going on that will probably last for a decade or more, would not local landfills start to becom over burdened? If Phoenix might possibly deplete Murphy well before the new lease expires, which was not initially expected, It would be possible to purchase the land out right and use it for landfill.
By: fizzlegig
15 Feb 2006, 04:34 PM EST
Msg. 38250 of 39972
Jump to msg. #
Just sifting around in old PR's.
Does Phoenix still lease the 85 acres in Independence, LA.?
Independence is up I-55 W of Covington about the same distance as Pearl River E of Covington. It did not give specifics (imagine that) of the lease timeframe.
Business Editors
HOUSTON--(BUSINESS WIRE)--Nov. 22, 2002
Phoenix Associates Land Syndicate (Phoenix) (Pink Sheets:PBLS), headquartered in Covington, La., announced today Murphy's Sand and Gravel has signed a lease to add an additional gravel pit to the operations.
Murphy's new lease is for an 85-acre location in Independence, La., formerly known as Southeast Aggregate. This location will become Murphy's Sand & Gravel Independence, which adds to the existing Pearl River location.
"This location has high quality aggregate products including 57/67 gravel, pea gravel and several types of sand products," stated Paul Alonzo, chairman and CEO. "The location of this operation will support the needs of the Bayou State Trucking to move product/services for their new contract with Terrebonne Concrete showing true vertical integration of services and products," Alonzo concluded.
Phoenix Associates Land Syndicate (Phoenix) is a holding company with current assets in the sand and gravel, construction, land development and supporting industry. Current operations include Murphy Sand & Gravel, Heaslip Construction and Innovative Cooling Technologies and several land development opportunities. Phoenix' plan is one of aggressive merger and acquisitions and consistently has letters of intent and/or deals pending. Phoenix intends to have continual growth through merger and acquisition of distressed companies with substantial potential sales growth and turn-around situations.
This release includes forward-looking statements made pursuant to the safe harbor provision on the Private Securities Litigation Reform Act of 1995. Any such forward-looking statements may involve risks and uncertainties that could cause actual results to differ materially from any future results encompassed with the forward-looking statements. Factors that could cause or contribute to such differences include those matters disclosed in the company's Securities and Exchange Commission filings.
-also- In a 1997 PR, it states that Murphy had maintained a profit for 25 years prior to becoming part of the PBLS family.
COVINGTON, La.--(BUSINESS WIRE)--June 25, 1997--Phoenix Associates Land Syndicate (OTC BB:PBLS) announced the purchase of the Murphy Sand and Gravel Operation in Pearl River, La.
The purchase was made by a combination of cash and stock and is the first major acquisition by Phoenix since it became a publicly traded corporation in the fall of 1996. The Murphy operation has shown a profit each year for the past 25 years and has proven reserves of over $77 million.
Phoenix plans to take possession of this mining property on Sept. 1, 1997 and is in the process of securing additional equipment to increase the yield beyond the current production. With three dredges in place, Phoenix estimated an annual profit in excess of $3.5 million for the first 12 months of operation. Phoenix will use part of the mined material in the construction if its Master Planned Communities. Contractors representing major companies have been negotiating for the purchase of the remainder of the mined material. Phoenix Associates Land Syndicate is a real estate development company which manufactures pre-cut steel frames and purchases gravel and sand pits for use in the building of their homes and commercial buildings. The company, using their innovative techniques and environmental considerations, is focused on building quality and affordable homes for the "first-time" home buyer and has designed a "Planned Community" format which offers: homes selling in the range of $70,000-$100,000; amenities which include green belts, community pools and clubhouses; and the pre-cut steel framed construction which is resistant to fires, rot, termites, and roach and rodent problems. In addition to their residential home construction, the company is a successful developer along the Gulf Coast of 150 units of commercial construction, over 420 structural steel units and infrastructure, such as sewerage, draining, underground wiring.
Regards,
Fizzlegig
mickvonmerk
You are entitled to your opinion. IMHO it would take this company longer to become transparent if Ron had a louder say so. Call and ask him his opinion on filing.
He is an aquisitions guy and it is much more tedious and it does take longer to aquire when you have more I's to dot and T's to cross. I agree that he is a very valuable asset to the company, but as good of a job he does at what he is supose to do, aquisitions could continue for eternity and transparency could take much longer.
It is not about having the semen production parts to ungag the T/A. There is more to it and there is a specific reason behind it. It may be good, it may be bad, which is why right now we just want a little more clarity.
Regards,
Fizzlegig
kelly leak
Believe it or not, I have done plenty of research myself. 99.9% is nothing new to this board and I owe some thanks to partysasquatch for stearing me in the right direction with sources to pull DD. You and a host of others have contributed and given me things to read up on and check out myself as well. As said before, I am not big on kudos, but it is appreciated none the less. I guess I am just in a kudos mood tonight.
Don't know why, I actualy had a pretty crappy day.
I can agree with exactly what you say as a good possibility. I hope we are right and I hope it does not turn into an ugly situation.
If that is the case though and other aquisitions are in the hopper, I hope that the funding for that comes in a way that does not exclude "joe blow" the investor. I do not mind waiting longer, I just want to know more fully what I am getting in to.
My degree is in Computer Information Systems and not Finance or Buisiness Management, so I do not know if it would work or not, but if they are trying to increase the number of shares in a manner that does not look bad to investors, could they not give us a forward split, which would create a bigger market of shares to buy back and use for more aquisitions? If they can do it all without increasing the A/S, thats fine too and could very well be why we remain bobbing up and down the water line now, well most of us. Myself, just as everyone else just want enough of the whole picture to make our own decision, nothing more.
I am already hooked, the company can reel me in at anytime. I just want to know if my fate is to be hanging over a mantle as a prestine specimen for all future investors to gawk at my size or is it to be served with a side of greens and cornbread.
Well maybe a bad comparison, in real life either woudl suck for the fish, but I think you get my meaning.
Regards,
Fizzlegig
Mastercraft6
Thanks. I read every single one of your posts. I am not big on tossing out kudos and such although am not immune to the warm and fuzzy feeling that some posts radiate nor the disheartning feeling from the PPS droping and the BS from those with an agenda.
Agreed, we need more clarity. Having said the above about kudos, you sir are a good person to share, coordinate and take on the heat for your visit even though you knew from the get go that nothing more would be transparent other than seeing things with your own eyes.
Honestly, I took Monday off and end of last week had planned to shock and awe all of you with my visit, which would probably disappoint you as I am not the syphisticated and always whitty person I can potray on-line LOL.
I am Clark Howard cheap if you know who that is and after crunching cost numbers and deep thought of how fun would it be for my wife and setting up the kids at her parents, I decided to pull a fast one.
I am big on giving suprises, but hate recieving them. Years ago, we were on our yearly vacation and in Florida packed up and told the kids it was time to go home. When we pulled into the Magic Kingdom and the kids finally caught on (apparently they have better things to do than read traffic signs) that was one of those moments where if I died right then and there, I would with a great feeling of peace.
Well perhaps it would be better after we checked out to not spoil the trip, but you get the idea.
Anyway, this was not as big, but we drove up to the Biltmore in N.C. and had tea after seeing the mansion. My wife guessed about 3 exits past her parents house, but I got the reaction I was looking for. Her parents were like WTF? but they understood.
Somewhere between Friday and Sunday morning I figured out, or reminded myself that it was most important for me to stay focused on the most important things to me.
That is not to take away anything from your visit at all. I wanted to be there, but I have already made my decision regarding this company and if I am wrong, I still have times like those to reflect on and I am now glad I did not commit to going or I would have gone and missed the great time we did have.
I hope we all have other reasons to celibrate life soon and I do hope we all get together (in Atlanta to save me air fare). Then you can all make fun of how shy I really am in person.
Regards,
Fizzlegig
shelby2786
I sure hope that is all there is to it. There are really only two other reasons that immediately come to mind and that would be
1. that the financial situation is not as rosey as outlined on a paint by number sheet for us or
2. just pure outright greed.
1. Everything researched would indicate that this is a profitable company, so I do not think that is the case.
2. Management has followed through with everything they have said they would and on the surface appear to be very honest.
We will not know though until we are given the color key for this sheet. I am truely hoping for a painting that turns out to be work from the lost city of Atlantis, but I have prepared myself for a John Gasey clown reprint. That is the sad truth, but you have to think this way with unreporting companies.
I believe, I will hold, I will add as money set aside for this specific perpose become available until I feel lied to. Even if reporting is delayed, as long as I am told further in advance than the week before the second quarter ends.
Regards,
Fizzlegig
Stockz4O
For what is is worth, your welcome. Although, I did not bring anything new to anybody here and I agree, we need answers. Good or bad.
I read the signals on American Bulls and such, but I do not trade based on them. I have a problem with authority and being told what to do when it comes down to my own money.
Not that I am a control freak, although I have been called Hitler with the budget at times. I have pointed out the horrible things that he did and that it is not even a close comparison. I still insist that a $9 haircut will do just as good as an $80 haircut to no avail. Women just do not think like that. I point out the fact that she does not need to impress me, she already has me all to herself (Don't tell her about Reece!!!!).
I then grumble a lot and give her the nod and she goes and does her thing. Every time though, after much marvel about how her hair looks, I am "paid" back for my reluctant seal of approval.
And that my friends is one way to re-close a "merger and aquisitions" deal when you are married. (Pun intended).
Regards,
Fizzlegig
Thinking outloud here. We are all wondering why we have a gagged T/A, why more specifics are not released about aquisitions all coupled with an anounced buyback.
We have been told that Progas wanted to buy Phoenix and it worked out the other way around. So, they have been approached at least once.
Does this all seem like possible defense measures to prevent a hostile takeover?
Again, just thinking outloud. The gagged T/A is about the only thing about this company that continues to bother me. The answers about possibly losing the T/A over phone call volume is not even close to a legitimate answer IMHO adn that amplifies the problem I have with the gagged T/A. If it was public, there would be no calls or much less. Seems like gagging it would increase the call volume.
We know they exist. We know they are generating revenues. I can live with not knowing how much right now, but what I can not do is estimate myself how much revenues and profits based on average industry data and evaluate how much I think the stock is worth.
Does anyone know who retains the voting power for stocks tied up as restricted in aquisitions?
I think honestly we may have seen some dilution, thats reasonable to assume. We have also seen the documents where they tried to raise the A/S to 2 billion. Could the aquisitions and possibly an increase in float left management with potentially not enough voting power if a takeover was proposed?
Well, time to endure my ride home with a bunch of people that drive like my wife!!! .....and I will deny having ever said that. Well, unless Reese Witherspoon ever is unhappy and looks me up, then I will tell her to her face.....until then, I will deny that too!
Regards,
Fizzlegig
dothemath
First my words are outdate, then your response to shelby is you have called more times than we can imagine. Well I can imagine that your initial response to me would have indicated that you have called. So, now I would imagine that you have called about as many times as I had vendor calls on Monday.
Just dump your imaginary 4 million shares that you will claim to own next and move along.
Until you or anyone point me to verifiable research you have done or I find some myself, I will sit tight and wait, no much unlike those that got in at .002.
The potential here far outweights your absolute zero contribution.
Regards,
Fizzlegig
dothemath
I am only in pinky land for what I can lose and I still do research to try to protect my money.
What words are getting outdated? Call the company and get some updated words I guess. Are you so brazen to come here and post all your concern, but too shy to pick up the phone and call?
Monday was a national holiday.
A shareholders vote is needed to increase the A/S.
Tell me what senses I should come to with all your hard DD. DO you need help in researching? You should not be embarrassed to ask. I did and I have. You can learn from others and follow up instead of spouting off inuendo. I had my own method or research and was confident about it, Partysaquatch pointed me in a few other directions to confirm one source and find stuff I would not have.
I tell you whats getting outdated is the same questions repeated over and over and over and then someone not too unlike yourself repackaging and repeating.
I suppose you know everything about every company you invest in pinky land and never have been burned? (It is no suprise that you have been burnt yourself, just like it is no suprise why) You do as much as you can to safeguard your money. How much have you done?
We can talk around all the circles we want to. You can follow through with some actual research and make a decision to buy, hold or sell.
Regards,
Fizzlegig
dothemath
Answer to all your questions is sell and move on.
The problem with only relying on others to do what you should do yourself (it is your money?) is that you only hear half, part, some or in some instances none of the truth.
I normally get about 30 vendor calls a day. How many did I recieve on Monday? zero, zip, nadda and here we are on tuesday and Genuine Parts is still in business.
Where did Phoenix say anything about Boh Brothers? Where? Ohh wait, because you rely on others to do research without ANY follow up of your own........
Call Ron and ask about the shares. Or you could just take what others say that allegedly asked about it in that the shares were thought to be needed for further aquisitions and to avoid a possible hostile take over and the company was informed in order to increase the number of shares, a shareholders vote would have to take place.
So typical. Want to make a bunch of money and do absolutely no work to get it. I truely hope you do not get your arse handed to you on stick investing on pure word of mouth.
Regards,
Fizzlegig
trythisagain - Post 11313
Either you take him at his word or you do not.
Regards,
Fizzlegig
Married With Children
Nice work. It really is not a big secret that reporting is not something that he(Ron) is in favor of at this time because it can only delay other possible aquisitions in the works. He is very honest about that opinion from an aquisitions standpoint.
He will tell you also that ultimately it is not up to him and still expects them to be a fully reporting company by end of second quarter as released until otherwise informed in another release.
Regards,
Fizzlegig
Cowboy
Nice find. Beside the booth will be "Exploration Data Services" and "Ross Smith Energy Group Ltd.".
On the other side of the isle will be "Duke Energy Field Services" and "Stone Bond Technologies". Duke might give a bit of traffic to that row.
There are several oil investment and oil industry publications that attend as well.
Regards,
Fizzlegig