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Here's a picture of my Stock Broker...
Insider Selling...
Bad Traders...
My Minister is a bit strange too...
And here's a pic of my trained mouse...
Here's a picture of my Stock Broker...
Gee, I don't know...maybe they are best friends...
Or something...I'm backing out of this one...
Looking forward to some FOOTBALL this weekend...
Y'all have a Great Weekend y'hear???
And...
My GOD! fung_derf...That was RUDE!!! EOM
Welcome! Doubledownga...
Cool alias...we seem to have the same investment philosophy...lol
bob--Here's the answer to your question...I hope...
It is my understanding that the purchase of Rome Oil will come from PBLS Company owned restricted shares, and will not entail share dilution of common stock...Please anyone, correct me if I am wrong on this point...
Look for the BOLD section of this PR...
September 26, 2005 - 12:07 PM EDT
PBLS 0.041 0.0055
Phoenix Associates Provides Shareholders With an Update on Business Operations
Phoenix Associates Land Syndicate (Phoenix) (OTC: PBLS), a holding company with assets in oil, sand & gravel, soil products, land development, trucking, contract hauling, swimming pool construction and construction related industries, released the following comments from Mr. Paul Alonzo, CEO and President:
Due to recent requests from shareholders and interested investors, I have compiled a short list on Phoenix's current financial status and some of my expectations for the years 2005 and 2006. While we are working towards providing the public with audited financials, the numbers provided today are un-audited. Before I give out any numbers, I would like to say some things about some of our great managers:
Nobody believed it could be accomplished but under the direction of the Operations Manager, Adam Alonzo (Murphy Sand & Gravel), and with the assistance of Operations Manager, John Zornes (Bayou State Trucking), the Murphy Sand and Gravel Pit, located in Pearl River, Louisiana, reopened for business at 6 a.m., Monday, September 19, 2005, under generator power. By 12 noon, C.S.T., CLECO, the power company servicing Murphy, had the entire operation with electrical power. This incredible task was accomplished, after the Murphy operation was devastated during Hurricane Katrina, by Adam Alonzo, along with contractors, timber cutters, electricians truckers and the power company. Yes, he is my son.
1. Phoenix Division, Murphy Sand and Gravel, Manager Adam Alonzo: The gravel pit should generate in excess of $2,310,000.00 in revenues for the year 2005. With what will possibly be the largest construction boom in Louisiana and New Orleans history, the gravel pit revenues for 2006 are sure to increase.
2. Phoenix Division, Oil & Gas, Manager John Barksdale: The acquisition of Rome Oil and Mid-South Resources will add a minimum of $1,368,000.00 in revenues for Phoenix for calendar year 2005, with expectations the two oil companies will generate over $12,000,000.00 in revenue for the company in 2006. Phoenix is able to acquire these two oil and gas companies with stock and a small cash payment. After paying for the acquisition, Phoenix coffers are still healthy enough to finance and bring into production the next ten wells which our research indicates will be the most profitable.
It is my policy that Phoenix need not go into debt to develop these oil and gas properties. Our policy shall be to raise money for future drilling (if need be) on a non-recourse method without putting Phoenix into debt.
3. Mineral Assets: Our gravel pit has proven mineral reserves in the amount of $300,000,000.00 and the addition of Rome Oil and Mid-South Resources brings another $200,000,000.00 worth of mineral reserves to Phoenix's balance sheet. I anticipate Phoenix having over $1,000,000,000.00 worth of mineral reserves by the end of 2006.
4. Phoenix Division, Heaslip Construction - Manager, Mark Dishon: Gross revenues for our construction division could exceed $2,000,000.00 for calendar year 2005. Our research and experience shows the average repair/remodel cost for homes in our area of the country to be around $80,000.00 per house. Unfortunately, there are literally thousands of homes in need of repair due to the hurricanes. I expect record breaking years for Heaslip during what I know will be one of the largest re-building efforts ever taken in the history of our country. If we get just a small piece of the action, revenues for our construction division should really take off during 2006.
5. Phoenix Divisions, Ann Arbor Pools - Manager, Dennis Scherdt and Great Lakes Pool Plastering - Manager, Byron Ross: These two companies should bring in approximately $2,288,000.00 in revenues to Phoenix during the calendar year 2005. Both of these companies also stand to break all sorts of records during the soon to be construction boom of 2005 and 2006.
6. Phoenix Division, Bayou State Trucking - Manager, John Zornes: Our trucking division tries to avoid the costs and hassles of owning trucks and the maintenance and insurance issues that come with ownership. Bayou provided jobs for owner operators and leases equipment from time to time when necessary. Revenues to calendar year 2005 should be around $650,000.00. For all qualified drivers with proper credentials and proof of insurance, Bayou is paying $45 per hour for tandems, $55 per hour for tri-axles and $65 per hour for eighteen wheelers. Again, with the coming construction boom, I expect annual revenues for our trucking division to also increase during 2006.
7. Phoenix Division, Acquisitions and Business Development - Manager, Ron Blackburn, assisted by Patti Fischer and Roger Stone: We are in a constant search for profitable companies to acquire where the acquisition can be accomplished with little or no debt and in which the acquisition brings immediate revenue growth and assets to Phoenix. We are in negotiations at this time with several companies we will try to acquire.
During the year 2004 when Phoenix was a much smaller company than we are today, we grossed a little over $3,000,000.00. While the addition of the conservative estimated numbers I gave above add up to a little over $8,600,000.00 in revenue. I am sure with the rapid growth we are currently experiencing in the last part of 2005, that our gross revenues will wind up exceeding $10,000,000.00 for the year with profit exceeding what our gross revenues where in 2004.
For 2006, since we expect revenues from our oil and gas division to be much more that $12,000,000.00, and because we have other acquisitions in the works in the oil and gas division, and since it is reasonable to assume that all of our construction related divisions should profit greatly from the expected construction boom in 2006, it is reasonable to expect that Phoenix's 2006 revenues could be as much as four to five times greater than our 2005 revenues. I am also happy to report that management has been very successful in control of day to day costs of operations and avoiding unnecessary debt which means profit in 2006 should rise in proportion to revenues quite nicely.
As CEO of Phoenix and on behalf of all of our managers and employees I would like to say that our hearts and prayers are with all of the victims of these two terrible hurricanes that struck our shores and that we as a company are dedicated to doing our best in re-building this great part of our great country.
Looking GOOD Today!....0046...eom
Good Morning gjd...
Nice to hear from you again, and that you are still studying TA, especially Bollie Bands...Here are links to an explanation of the ADX:
http://stockcharts.com/education/IndicatorAnalysis/indic_ADX.html
http://www2.barchart.com/support/learning.asp?
http://www.investopedia.com/articles/technical/02/041002.asp
I do not screen for stocks...I have been here at IHUB long enough to know who the best posters are, and to follow their lead, after doing my own DD...Just click on my alias in any message to see what other boards I follow, and who I may be replying to...My three boards don't have much action lately, as I am actively trading penny stocks at the present time...PBLS is a good one...Do some DD on this one, and I think you may be presently surprised...They should be announcing some very good news soon, that should get this one moving on it's second leg up...AMEP and INSQ are two others I am in on...YHOO has been a dog lately, and just in the last two days has really taken off, but I'm busy with other trades right now, though I do keep one eye on what it's doing...
Whenever you are ready for a learning session or two, just let me know...GLTY
jet--try to flip the reset buttons...
On the back of the tower if you have them...I have the same problem when our power goes off...My box has two reset switches on the back...One is curved, and one is flat, one right above the other...They are located near the fan at the top...Keep flipping them until you have some activity, but first, remember what position they were in before you start this...They must end up in the same position when you are done...I hope this helps...
The charts are Definitely turning here...
It has support at the 100MA...
The RSI is turning up...
The +DI could bounce up off the -DI, and look what the pps does when that has happened in the past...
The Stochastics and Williams%R hit rock bottom oversold conditions, and have turned up nicely...
The volume needs to pick up a LOT, and it's off to the races again...Have a Great Friday...
Waverider--VERY FUNNY!...and Thanks...eom
A couple of PBLS Charts...
One Month/Daily:
The upper BollieBand (red) is at .085, so there's room for it to run...A break above .053 with high volume, and the rally may be on again...It's holding support at the 25-SMA (blue), and the 5-SMA is trying to cross up thru the 10-SMA...Today's candlestick looks bullish, opened at the low, and closed at the high...
Lower Indicators from the top down: The RSI is holding 50, and breaks out up just below 60...The DMI+ is still above the DMI-...Stochastics have hit rock bottom, and the fast line is crossing up thru the slow line...The MACD ticked up just a little today, and if tomorrow is an up day, starts heading back up...The low volume the last three days is OK, as volume diminishes at the end of a flag/pennant before the next move (not a favorite chart pattern, especially right after a pullback, they are much more bullish in uptrends, but can be bullish in situations like this)...
Ten Day/Hourly:
The BollieBands are tighter than they have been in ten days, so a move is about to happen...The chart pattern is a flag/pennant, which may be bullish...The 5 and 10-SMA are about to cross up thru the 25-SMA...
Lower Indicators:
If the RSI goes up thru 60, that is bullish...The DMI+ just crossed up thru the DMI-...Stochastics are showing very overbought here, (but totally oversold on the daily chart)...The MACD just went positive, and the lines are below and could go positive too...The volume increased at the end of today signaling posible 'smart money' entering...
All in all, these two charts are way more bullish than bearish IMO...A good PR tomorrow or Monday, and it's off to the races again...
A couple of PBLS Charts...
One Month/Daily:
The upper BollieBand (red) is at .085, so there's room for it to run...A break above .053 with high volume, and the rally may be on again...It's holding support at the 25-SMA (blue), and the 5-SMA is trying to cross up thru the 10-SMA...Today's candlestick looks bullish, opened at the low, and closed at the high...
Lower Indicators from the top down: The RSI is holding 50, and breaks out up just below 60...The DMI+ is still above the DMI-...Stochastics have hit rock bottom, and the fast line is crossing up thru the slow line...The MACD ticked up just a little today, and if tomorrow is an up day, starts heading back up...The low volume the last three days is OK, as volume diminishes at the end of a flag/pennant before the next move (not a favorite chart pattern, especially right after a pullback, they are much more bullish in uptrends, but can be bullish in situations like this)...
Ten Day/Hourly:
The BollieBands are tighter than they have been in ten days, so a move is about to happen...The chart pattern is a flag/pennant, which may be bullish...The 5 and 10-SMA are about to cross up thru the 25-SMA...
Lower Indicators:
If the RSI goes up thru 60, that is bullish...The DMI+ just crossed up thru the DMI-...Stochastics are showing very overbought here, (but totally oversold on the daily chart)...The MACD just went positive, and the lines are below and could go positive too...The volume increased at the end of today signaling posible 'smart money' entering...
All in all, these two charts are way more bullish than bearish IMO...A good PR tomorrow or Monday, and it's off to the races again...
Hello! gogetrtx and...
To the Board...Glad you showed up...Now there's three of us...lol
"Fancy"? Board...Gee, thanks...
Anyway, yes, RBAK is a Great Stock, that may go profitable for the first time Ever possibly in the fourth quarter this year, and if not, For Sure next year...I think as time passes, there will be more and more people showing up here...Tell all your friends...I truly believe we've got a Winner here...
This board is not just about RBAK...You can ask me for charts and comments on any stock of your chosing...I'll get back to you as soon as I can...
Thanks for stopping by...
Hey, what do you know-New High! .038 +7.04%...
And the ask just went up to .04
Though the volume is really low today...At least we are green for a change...I sure hope we get some kind of news tomorrow to give us a boost...
I would like to see numbers on how many more loads a day they are running than before, and that the trucks are loading up debris for a paid round trip...The location of the debris dumping sites would be helpful...We should also be hearing something about the O&G acquisition soon...The news on that came out on the 19th, and said their lawyers were working on getting it finished...That will certainly give us an up day IMO...
Hey, new High! .04 +12.68% and the bid is now .039
Five minutes later we hit .041 Yesssssssssssss...
Yes, RBAK is fairly volatile here...
As it tries to set-up a base before the next run-up...
It may take a few days to a week (or two like last time), to rest here, and I believe it will head back up after this consolidation...
I was thinking I should try to start a swing-trade myself today if it pulled back to near yesterday's intraday low of 9.73 and held it...
It did, but I was busy with other things at the time...Next time it gets near 9.80 or so...I WILL Buy some shares, and will be setting a mental stop loss before it goes below 9.70
The ten day/hourly chart is inconclusive at this time...I would like it to at least get above 10.25 SOON, because the chart pattern it has formed in the last six days is a "head and shoulders" that is slanted to the down/right that makes this dangerous...If it does breakdown, it could fall .50 from 9.73 to around 9.25...That's where I would be Buying...
I would like to see that run at 10.25 (or the other two resistance levels of 10.65 and 10.75) Quick, so that the RSI breaks above 60, the DMI+ will have crossed up through the DMI-, Stochastics would not be too overbought, and the MACD would show a positive crossover...A break above 10.80 and we are definitly back into bullishness...I am glad that after a few hours of no movement this morning, it decided to break up instead of down...
Thanks a LOT for offering a Prize...
In the Loser's Pool, John...That makes it much more fun...
Good Luck To ALL ;^)
Clear Lake, TX, Sep 29, 2005 (M2 PRESSWIRE via COMTEX) -- Movers and shakers on the OTC:
Zenex International Inc (OTCBB: ZENX) 1.035, up 0.1955(+23.21%) on 3,140,500 shares.
FloodSmart Inc (OTC: FDSI) 1.085, up 0.065 (+6.37%) on 22,700 shares.
PDG Environmental Inc (OTCBB: PDGE) at 2.28, up 0.07 (+3.17%) on 170,600 shares.
Streicher Mobile Fueling, Inc (NASDAQ: FUEL) at 3.78, up 0.05 (+1.34%) on 1,292,100 shares.
Phoenix Associates land Syndicate (OTC: PBLS) 0.0355, down 0.0045 (-11.25%) on 13,787,800 shares.
National Storm Management, Inc (OTC:NLST) 1.65, down 0.27 (-14.06%) on 278,200 shares.
Joint venture partners Aduddell Roofing & Waterproofing, Inc., a Zenex subsidiary, and Carothers Construction, Inc. have received a modification by the U.S. Army Corps of Engineers to increase their Contract Amount to $60,000,000.00.
FloodSmart's Hydraulic Lift Systems is a new patented proprietary technology, which is designed to elevate structures above the defined flood plain certification for repetitive flood loss structures process and calls for the installation of "dynamically controlled hydraulic concrete pistons and
cylinders" at strategic engineered points to raise the home to a predetermined "safety zone," at rates which typically meet the cost-benefit analysis ratios set by FEMA, which has earmarked over $200 million in pre-disaster mitigation
competitive grant program, falling into two categories: mitigation projects and mitigation planning. The cost-share is usually 75 percent federal and 25 percent a local match, but can be up to 90 percent for small and impoverished
communities. For more information go to www.floodsmart.net.
PDG Environmental provides asbestos abatement, mold remediation, disaster restoration, demolition and related services to its commercial, industrial and governmental clients nationwide. For more information go to http://www.pdge.com.
Streicher Mobile Fueling provides a variety of fueling services, ranging from fuel transportation to lubricant and fuel management services for vehicle and equipment fleets. For more information go to www.mobilefueling.com.
Phoenix Associates Land Syndicate is a holding company headquartered in Covington, LA with assets in oil, sand & gravel, soil products, land development, trucking, contract hauling, swimming pool construction and construction related industries.
National Storm Management said yesterday that it entered into a letter of intent to acquire Abelard Construction Company, which has $20 million in estimated annual revenue.
This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The risks and uncertainties that may affect the operations, performance development and results of the
Company's business include but are not limited to fluctuations in financial results, availability and customer acceptance of products and services, the impact of competitive products, services and pricing, general market trends and conditions, and other risks detailed in the Company's SEC reports. Always
consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and Blitz Trader undertakes no obligation to update such statements. Blitz Trader is not a
registered broker/dealer and may not sell, offer to sell or offer to buy any security.
Blitz Trader does not own shares of any of the companies named in this report. Blitz Trader has been paid 1,000 dollars for this report by WSTPR. Brian Heckathorne, Blitz Trader and WSTPR will not buy or sell any shares at the time this report is disseminated, or for a few days before or after this report is
disseminated.
CONTACT: Brian Heckathorne e-mail: brian@blitztrader.com
M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web.
Inquiries to info@m2.com.
Good Luck To ALL ;^)
Houston to Lose Sunday...Thanks...eom
Excellent Re-Entry on RBAK 'The Wawh'...
And...
To the Board...I'm glad you found your way to this board, and hey, you get a 'special bonus' for being the first poster here (besides me)...
So here it it...GSCP...It went from .35 to 1.50, back to 1.00 recently,opened thiss week at 1.50 and set a new high today of 3.00 This is a REAL Company...But has VERY LOW VOLUME...So it is very hard to get filled...Do some DD, and especially look at the list of their customers...Mostly Fortune 500, plus they just got a contract with the US Army last week, which is partially why it is running up so hard lately...
I would be posting more about RBAK, but am currently concentrating on PBLS...I never thought I would ever trade sub-penny stocks again, but this one has a real good story behind it, and if things turn out the way I think they will with this one, it is going to be HUGE!!!
RBAK is doing just fine...It broke out to new 2 year highs when it went to 11.64 and then needed to pullback, which is OK because it wasn't more than 10% Your entry at 10.10 was picture perfect, with a reasonable stop loss, so you should be fine with this trade...It may not breakout today, but I can almost guarantee that it will...
You are one savy investor Wawh, and I follow each of your picks with great interest...Your call on TASR yesterday was right on the money!!! And SOHO is interesting as well...It is now on one of my watch lists...Keep the picks coming, I appreciate each one of them...
Good Luck To ALL ;^)
I now have SOHO on my watch list...
It DOES look interesting...Thanks Wawh...
Good Luck To ALL ;^)
Yes, I knew about the Alpha Innotech/GE...
Deal...Which is AWESOME IMO...
It seems that some lucky persons have an inside take of what will happen at the SH Meeting next week, and are Buying into it...Next week could be what we have all been waiting for all this time...
Good Luck To ALL the True Longs here... ;^)
Of course I'm still ALL IN...
We've waited over a year to see how this plays out, and I know the time is drawing near for us to finally find out...
I LOVE!!! the fact we are trading at a 52 week high today at .25...Do you see any reason for this?
I'm not totally up to speed on recent developments, as I'm concentrating on PBLS these days...
Can you supply a quick summary of your feelings on recent developments please? TIA
Good Luck To ALL ;^)
Waverider...Thanks for the new Board...
To discuss "other" things besides our "Pebbles"...Love the name...
Now I remember you from EP's Board, and have followed your posts with interest...Though I have lost all faith in EP since the BIPH fiasco, and some other chart calls he has been making lately...We ALL go through slumps from time to time...His calls on CPTCQ lately are so off, I find it hard to believe...It's funny how different chartists can see things so differently...
Good Luck To YOU with your new Board, and Good Luck To ALL ;^)
Waverider...
Three questions...Are you the Waverider that used to post on CPTCQ?
What happened to the PBLS2 Board you created last night? Did Matt delete it?
And how did you know we would get a PR Monday at 11am EST as you predicted on the RB Board? It arrived just five minutes later than your prediction...We got a really nice POP out of it for a little while, but when the buyers dried up, the MM's shook it all the way back down...I'm sure we were all hoping for some follow through to the Upside yesterday with good volume, and we didn't get either...
Let's hope for a better day today, and a more Meaty PR soon with news of what part they are ACTUALLY PLAYING right now, in the clean-up and rebuilding of New Orleans and the surrounding areas...
Good Luck To ALL ;^)
I'll look into it: (TASR)...
Yes, I just saw a bit on CNBC about the SEC Probe into possible price manipulation...It will be interesting to watch today...
Thanks...
dealmaker...tomorrow should be interesting...
After people 'digest' these numbers tonight...
At least today's move looks good on the chart by breaking above the resistance level of .0525 even if it was by only .005 and the volume today will be much better than Friday's...
Good Luck To ALL ;^)
This is a bit strange...
We were up .011 and now we are down .001
What in the world is going on today??? Daytraders taking all their profits on this run?
What a pump, just to dump...Bummer...It looks like I may have to average down lower again...You would think after today's PR, we could at least close in the green...But the Volume has dried up drastically...
Good Luck To ALL ;^)
Remember...To keep the MM's from shorting...
Your LONG shares...Put in a Good Till Cancelled/All or None limit order as high as can with your online broker, or Call them, and get it done...
And also, don't put in Stop Loss limit orders, as the MM's will try to go down to pick them up...
Good Luck To ALL ;^)
I said "more" professionally written...
I read the PR really fast, not looking for typos, mostly looking at the Numbers...And then immediatly put in and order to BUY Another 500K before it started today's RUN...
I never did sell like I said I was going to, and have been averaging down all the way to sub .03, so my breakeven is in a sweet place after all...I do believe this stock has the ability to go FAR, so I am here for the LONG HAUL...I haven't found a Company to 'Believe In' like this one in a Long time...
And ljk, I am truly sorry for some of the things I said on Mac's Board...I was having a Very Bad day at the market, and at home with the wife in one of her worst ever Bi-Polar spells...That night, she had to go somewhere she could get help for a couple of weeks...She should be home again Friday...
Good Luck To ALL ;^)
I really liked many things said in the PR...
But especially this paragraph:
During the year 2004 when Phoenix was a much smaller company than we are today, we grossed a little over $3,000,000.00. While the addition of the conservative estimated numbers I gave above add up to a little over $8,600,000.00 in revenue. I am sure with the rapid growth we are currently experiencing in the last part of 2005, that our gross revenues will wind up exceeding $10,000,000.00 for the year with profit exceeding what our gross revenues where in 2004.
Good Luck To ALL ;^)
NEWS Just Came Out!!!
It looks like VERY GOOD News, and MUCH more Professionally written than the previous recent PR's...
Phoenix Associates Provides Shareholders With an Update on Business Operations
COVINGTON, LA -- (MARKET WIRE) -- 09/26/2005 -- Phoenix Associates Land Syndicate (Phoenix) (OTC: PBLS), a holding company with assets in oil, sand & gravel, soil products, land development, trucking, contract hauling, swimming pool construction and construction related industries, released the following comments from Mr. Paul Alonzo, CEO and President:
Due to recent requests from shareholders and interested investors, I have compiled a short list on Phoenix's current financial status and some of my expectations for the years 2005 and 2006. While we are working towards providing the public with audited financials, the numbers provided today are un-audited. Before I give out any numbers, I would like to say some things about some of our great managers:
Nobody believed it could be accomplished but under the direction of the Operations Manager, Adam Alonzo (Murphy Sand & Gravel), and with the assistance of Operations Manager, John Zornes (Bayou State Trucking), the Murphy Sand and Gravel Pit, located in Pearl River, Louisiana, reopened for business at 6 a.m., Monday, September 19, 2005, under generator power. By 12 noon, C.S.T., CLECO, the power company servicing Murphy, had the entire operation with electrical power. This incredible task was accomplished, after the Murphy operation was devastated during Hurricane Katrina, by Adam Alonzo, along with contractors, timber cutters, electricians truckers and the power company. Yes, he is my son.
1. Phoenix Division, Murphy Sand and Gravel, Manager Adam Alonzo: The gravel pit should generate in excess of $2,310,000.00 in revenues for the year 2005. With what will possibly be the largest construction boom in Louisiana and New Orleans history, the gravel pit revenues for 2006 are sure to increase.
2. Phoenix Division, Oil & Gas, Manager John Barksdale: The acquisition of Rome Oil and Mid-South Resources will add a minimum of $1,368,000.00 in revenues for Phoenix for calendar year 2005, with expectations the two oil companies will generate over $12,000,000.00 in revenue for the company in 2006. Phoenix is able to acquire these two oil and gas companies with stock and a small cash payment. After paying for the acquisition, Phoenix coffers are still healthy enough to finance and bring into production the next ten wells which our research indicates will be the most profitable.
It is my policy that Phoenix need not go into debt to develop these oil and gas properties. Our policy shall be to raise money for future drilling (if need be) on a non-recourse method without putting Phoenix into debt.
3. Mineral Assets: Our gravel pit has proven mineral reserves in the amount of $300,000,000.00 and the addition of Rome Oil and Mid-South Resources brings another $200,000,000.00 worth of mineral reserves to Phoenix's balance sheet. I anticipate Phoenix having over $1,000,000,000.00 worth of mineral reserves by the end of 2006.
4. Phoenix Division, Heaslip Construction - Manager, Mark Dishon: Gross revenues for our construction division could exceed $2,000,000.00 for calendar year 2005. Our research and experience shows the average repair/remodel cost for homes in our area of the country to be around $80,000.00 per house. Unfortunately, there are literally thousands of homes in need of repair due to the hurricanes. I expect record breaking years for Heaslip during what I know will be one of the largest re-building efforts ever taken in the history of our country. If we get just a small piece of the action, revenues for our construction division should really take off during 2006.
5. Phoenix Divisions, Ann Arbor Pools - Manager, Dennis Scherdt and Great Lakes Pool Plastering - Manager, Byron Ross: These two companies should bring in approximately $2,288,000.00 in revenues to Phoenix during the calendar year 2005. Both of these companies also stand to break all sorts of records during the soon to be construction boom of 2005 and 2006.
6. Phoenix Division, Bayou State Trucking - Manager, John Zornes: Our trucking division tries to avoid the costs and hassles of owning trucks and the maintenance and insurance issues that come with ownership. Bayou provided jobs for owner operators and leases equipment from time to time when necessary. Revenues to calendar year 2005 should be around $650,000.00. For all qualified drivers with proper credentials and proof of insurance, Bayou is paying $45 per hour for tandems, $55 per hour for tri-axles and $65 per hour for eighteen wheelers. Again, with the coming construction boom, I expect annual revenues for our trucking division to also increase during 2006.
7. Phoenix Division, Acquisitions and Business Development - Manager, Ron Blackburn, assisted by Patti Fischer and Roger Stone: We are in a constant search for profitable companies to acquire where the acquisition can be accomplished with little or no debt and in which the acquisition brings immediate revenue growth and assets to Phoenix. We are in negotiations at this time with several companies we will try to acquire.
During the year 2004 when Phoenix was a much smaller company than we are today, we grossed a little over $3,000,000.00. While the addition of the conservative estimated numbers I gave above add up to a little over $8,600,000.00 in revenue. I am sure with the rapid growth we are currently experiencing in the last part of 2005, that our gross revenues will wind up exceeding $10,000,000.00 for the year with profit exceeding what our gross revenues where in 2004.
For 2006, since we expect revenues from our oil and gas division to be much more that $12,000,000.00, and because we have other acquisitions in the works in the oil and gas division, and since it is reasonable to assume that all of our construction related divisions should profit greatly from the expected construction boom in 2006, it is reasonable to expect that Phoenix's 2006 revenues could be as much as four to five times greater than our 2005 revenues. I am also happy to report that management has been very successful in control of day to day costs of operations and avoiding unnecessary debt which means profit in 2006 should rise in proportion to revenues quite nicely.
As CEO of Phoenix and on behalf of all of our managers and employees I would like to say that our hearts and prayers are with all of the victims of these two terrible hurricanes that struck our shores and that we as a company are dedicated to doing our best in re-building this great part of our great country.
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) 233-3853
Email Contact
I pick Cleveland to lose tomorrow...
In the losers pool...Thanks...
Getting Certificates is Not necessary...
To keep your Long shares from being Shorted...Just put in a GTC limit order for ALL of your shares way above the current pps, and it's also very important to Not have stop loss limit orders in below the pps, as the MM's will go down to pick them all up, which causes further selling pressure for the retail customers...
This walkdown is getting a little out of control without a doubt, and I'm beginning to wonder if it's ever going to stop...It looks like it may do a complete round trip from sub-penny to .128 and right back to sub-penny again if the Longs don't start buying hot and heavy, to make the MM's start to cover their shorts...
This isn't pretty, if you are Long this stock...I'm still looking for a bottom, so I can average down Hugely this time...
Hey, just as I finish typing, Maybe we just hit the bottom...Nice bounce up off of .28 to .32! It's time to hit that buy button...We need some Volume to make it convincing...
Good Luck To ALL ;^)
Thanks for the heads up Wawh...
It looks pretty Sweet, no doubt about it...
Good Luck To YOU ;^)
RBAK Closes at Another 52 Week HIigh...
Again today, for the second day in a row, at 11.20 UP .06...
And the Nasdaq was Down 15.09...
This Stock never ceases to AMAZE...
Good Luck To ALL ;^)