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I'd like to thank everyone for the cheap shares today.
"but I would like to know what they really did with all the cash?"
Off shore bank in Anguilla? That's my guess.
Why is that so funny?
You do know that secrataries run the world right? If it wasn't for secrataries you think the big fat man smoking the cigar would get off his butt and take care of business? Hell no,
SO what?
If it tanks hard tomorrow I'm sure plenty of us will be there to load the proverbial truck.
Honestly if you believe this company has the goods to deliver than who cares what it does today or tomorrow?
If it tanks I'm loading the boat...flat out....heck I might even borrow another boat to load.
Cheers.
You are right.
I was out of line. I certainly did not mean what I posted. emotions got the better of me.
So you defend this company?
Do you defend the pref shares dividend deal when they can't pay it?
Look I'm not trying to attack everyone here...I need to back off.
It's one thing to play a stock. I'm invested in a stock right now that I'm pretty sure is a scam and I'm playing it as such. But would you honestly defend the actions of PBLS? What about the share structure?
Anyway you are all right I need a break and I need to cool off...bad day. Not everyone here's fault.
Hey beer
I've only briefly glanced this one over, but I like it so far.
Cheers on the new board.
Better yet start here:
http://www.sec.gov/complaint.shtml
If anuyone things begging the company will do squat they are dead wrong. There is no honor among theives.
Bingo.
Of all the things the company has done wrong the pref III is what will keep PBLS subpenny permanantly. I seriously doubt that PBLS will ever trade back above a penny again. They sure as heck don't have the assets and or profits to do it. The latest round of lawsuits are going to drain what little is left. I say 000's are coming sooner as opposed to later. Maybe PBLS has one more run left in it...but it will only be one. There will never be as many shareholders with 10-100's of thousands of dollars here again as there were in the last 3 years. The few remaining longs will be out as soon as the price spikes even a little bit....if it does. I don't think there is anyone left stupid enough to consider this a "real" long term play.
Why do you say it's today?
Ok one more post.
Shiz you also thought this was your ticket. Remember the post you made after coming back from the first visit?
http://investorshub.advfn.com/boards/read_msg.asp?message_id=9247360
That's true,
But if they are guilty of the crimes I believe they are then the corp veil will easily be pierced.
At this point I don't even want to take a neutral point of view. Maintaing that neutral view caused me not to sell many a times...
Remember the conversation we had once. It was basically to the effect of we didn't want to talk to Ron any more because it was effected our trading decisions? Man I wish I had never spoken to Ron. He fooled a lot of us Shiz. You, me, master, chiler, FMI, and the list goes on.
PBLS may very well rebound, but I just don't see how it can rebound far with 2.5B shares OS, and the pref III shares. Hey I guess those pref III shares really were a poison pill like Ron said....aw shucks maybe he's not a total lier..I should cut him some slack.
Alright gang enough of my pessimistic BS for the day. I'm out of here and that means no more thoughts about PBLS.
I know!
I hear they are out of town with the to da moon crew...I just don't want to draw their attention!
Stop the Weeeeeeeeee
that is the death of every stock run I've ever been in! lol
:)
Shiz come on.
How can you look at that list of lawsuits in light of what's happening and just shrug it off? The answer is....you can't.
Cincy,
It's not the loss that bothers me so much...well ok lossing 50K sucks no matter how you shake it.
What I'm upset about is the manner in which it was lost. I don't mind lossing the money over something risky.
You know say a risky business endevour that doesn't pan out. What I can not tolerate however is having the
money stolen from me. I feel whole heartedly that Ron Blackburn stole money from me. He lied to me
on more than one occasion. I had the please of speaking with a gentelman yesterday who wishes to remain annonymous
at this time. This gentelman was a former business owner. He not only lost his business, but also his mean of
income when he sold to them. Our losses pale in comparison.
Honestly their doesn't exsist a "legal" punishment tough enough for the crimes these people have commited. They lied, cheated, and stole
from people without even giving a second thought as to how it would effect those people and their families.
Personally even a death sentence wouldn't be enough since the damange he has done is undoable for some poeple. I know of another investor
who lost about 300K because of the amount of stock he bought after talking with Ron. Granted we can all say you shouldn't invest that kind
of money in a high risk endevour. Point aside this person was coninced of a 5 dollar pps just as I was after talking with Ron. More crap
has been spewed from the man's mouth than from all the inmated in the LA penal system...which is exactly were him, Paul, Carolyn and Mulshine
deserve to spend out there miserable days. Con artists, lier, cheats, what ever you want to call them. They deserve to lose their familes
and thier fortunes. The deserve to Rot in a middle ages style prison as far as I'm concered.
Do you want to know how I really feel about it?
Ok fine.
I still own a million shares and a dime would more than make up for my loss...it would take a nickle to break even on the loss so far.
Make no mistake though even if we hit a dollar I would still want them investigated by the proper federal authorities.
I hope the only news we
get is Paul and Ron being locked in a 6x6 cell with a man named bubba.
You never get a second chance
to make a first impression. RLTR hasn't really been marketed at this point. They are basically waiting on the new website before doing that. There is ABSOLUTELY NOTHING THAT COULD BE WORSE than launching a broken website, and then bringing a million visitors to the site.
High demand websites require much more attention to detail than simple sites. I wish the site was done as much as everyone, but as someone who does work in the tech field I know first hand how critical it is to stress test the site in-house as much as possible before finally launching the site. It is absolutely critical that the RLTR website work flawlessly once the launch is made. I'd rather wait and be delayed until next year than see them launch a broken site for the world to see.
I also think that most of us agree that RLTR is a not only a long shot it's also a long term hold. Personally I see RLTR as a 5-6 year hold to reach full potential...of course that's assuming that the business landscape doesn't change over night, which it often does. I'll probably trade RLTR on the ride, but make no mistake if RLTR is successful then those holding shares 5 years from now will be the ones taking in the bank. If RLTR is successful the pps will be valued in dollars and not pennies. If they are not successful then it will probably still be bought out by a competitor at some point in the future.
I guess I just don't see much risk in holding RLTR. My original purchase was 7 tenths. I'm still happy with that....the OS is low and the potential marker is staggering....even for a second tier player.
Thanks for the .045 shares.
Cheers
I did eventually get filled.
Heck I was buying at the ask!
I don't like to bid whack I stock that I already own shares off.
Not taking my order at .032
Interesting.
Do you believe
everything Ron and Paul tell you?
I think it's safe to say that there are a lot of shady people involved with PBLS at this point. Personally...I don't trust anyone with an association to this company.
That's in Boston....
what's the point?
Niko,
It makes perfect sense to me as well...so why did why ever buy them? Individually a lot of thins make sense...it's the problem with the parts no adding up to a whole.
Xylan,
That's a very very good point. However even at 1% profit that's 700,000 a year profit. Also they aren't getting a check for 4M dollars. They are getting 4M from future profits...which IS NOT a cash deal. That pr made it sound way different than it actually was.
None of us know ALL the details, but I do know that PBLS left a few of them out of that pr. I also know that Best Jets (not best Aero) is laying off several people and is essentially out of cash which means they are essentially out of business. It seems PBLS took all the money from the bank account. A couple of quick phone calls to the right people can confirm everything that I'm saying here. It's not linkable information.
On a separate note. I'd like to point out to everyone that by the time a piece of information is linkable it's to late...the smart money has already moved on the information. Some people aren't willing to even pick up the phone and call people when doing DD. These are usually the same people that want a link to everything....they will always be behind the information.
HOWEVER with that said I can say flat out that talking with Ron and Mike was nothing more than toxic rhetoric. The best information I've gained over the years on this stock has been from prior business owners and employees...and had I not been listening to Ron and Mike I would have seen this for what it was a long time ago. Anyway this wasn't directed at you Xylan...just wanted to put it out there because a lot of what I'm posting about isn't in pr's or website links. It is coming from the proverbial horses mouth.
Honestly I don't think I would even play a bounce play on this stock. One thing is for absolute certain. investors are competing against management to sell shares into the runs. Unfortunately management has a huge advantage here since they know what and when they will release the information.
Interesting pr contradiction.
Aug 7, 2007 Updates on Fuel Division http://biz.yahoo.com/iw/070807/0287057.html
"We believe that we have assembled the very best people at the top tier of Best Aeronet, and we expect this business to exceed $70 million in revenues in year 2008. "
Only two pr's later ( a little over 1 MONTH ) we have:
"MADISONVILLE, LA--(MARKET WIRE)--Sep 18, 2007 -- Phoenix Associates Land Syndicate (Phoenix) (Other OTC:PBLS.PK - News) announced today the sale of its premiere business fuel network provider, Best AeroNet, Inc., to the executive management team of Best AeroNet, Ginger Meeks-Villeneuve and Brenda Miears-Norwood, in a deal exceeding $4 million dollars."
Why in the world did we sell a company that was going to do 70M in revenue for 4M dollars? ALSO...this pr wasn't really factual since it's actually 4M dollars in future profits. I got reamed by Mulshine for posting that information, but It comes straight from Brenda. Anyway I like PNEW's idea and figured I'd help contribute to it a little.
No doubt whirl....no doubt.
Lake,
"Always look for the most simple answer and simple solution to every problem"
Occams Razor.
Probably because you post the truth
No one with money invested in this stock wants to hear the truth because it would mean they made a serious mistake. I sure as heck wish I had listened to you a year ago.
BTW. I owe you a formal apology. I'm sorry...in more way's than one.
Cheers
LOL.
that's probably the funniest thing I've heard in a long while.
So Jim.
Just out of curiousisty how do you build a convincing argument that PBLS is a buy right now? I guess when I do DD I try and make a mental list of the pluses and minuses of the stock.
As you said we don't really know much on the way of verifiable business. HOWEVER we do know a lot about failed promises? Those we can see and verify. We may not have ever have verified Komex, but we did verify dividends not being paid...on top of that we have an IR guy that say's things like this:
"XXX,
The TA will only be able to give total shares issued and outstanding. They have no way to track what may be restricted that I know of. As to the "float", which is more important... even that is not tracked by the TA. As far as I see it, the new partners will be accumulating a lot of stock, like maybe up to about 1 billion shares, and as they accumulate, they will likely be pulling certs and their shares will not come back
into the market for a long, long time... maybe never... as in buyout of the company some day... but, this is all speculation.
Welcome back to the side of the believers! PBLS is going to be a very successful company.
Mike"
So tell me how are investors sopposed to make an informed desicion? Of course I'm only touching the surface on the broken promises, but how many people continued to buy shares based on emails like the one above or based on phone calls that were similar? How many people bought more shares after Komex was announced?
People might think I'm bashing this stock, but that's not so. I'm pissed. I have been lied to and flat out scammed. I've had Ron Blackburn tell me this stock would be worht over 5 dolalrs. Christ I even heard Mulshine use $10 dollars once. I want this company shit down. I want Paul, Ron, and Mulshine all put behind bars. I don't care if it's a pinksheets stock or not. doens't give them a license to steal from investors...and Yes they did steal from investors. Selling shares while buying them back? If noly I had given consideration to what mthead was telling everyong over a year ago. If only I had give consideration to Asus and Cowboy when they said the OS was over a billion shares a year ago. If only I had never ever spoken to Ron Blackburn, or Mike Mulshine on the phone I would have traded this stock and ignored the stupid story.
And the best part is: They think they can use scare tactics to shut up the angy mob of investors. Hey Paul what's that sound knokcing on your door? It just might be the feds. I hope you are getting quality time with your wife because when this is all said and done you will be calling a boy named Bubba Honey for a few years...and Ron Blackburn? You might be a 3 time loser from what I understand? Boy a boy...a life time in jail for a stupid Bently. BTW. Betly's are ugly arse cars anyway. What kind of arogant SOB drives a bently to a job sight were he pay's his employees 15 bucks an hour? Oh I guess Ron can't answer that since HE NEVER PAID HIS EMPLOYEES.
Cheers.
Ive been told
the have the highest profit margins in directional drilling. However I don't think they make nearly enough to cover everything that is currently going on. Something doesn't add up to well right now. Just my opinion tho.
Huh?
Q3 numbers better than expected? They are in the throngs of bankruptcy...what in the world brings you to the conclusion that Q3 numbers will be good? I'm simply curious.
Sure.
Try a site similar to this:
http://www.usa-people-search.com/Default.aspx?view=CR
Cheers
Why does everyone assume
that the world runs on links? That kind of information can be found, but you have to pay for it. There a numerous databases that will give you all the information you want on just about anybody.
Of course the other option is to simply assume that it's not true since there is no link?
I'd like to thank
who ever sold me the 81K shares at 5 cents. If you want to walk it back down I'm more than willing to grab 150K more or so?
Cheers
Whirl,
"At this point the ONLY and I mean *ONLY* way it can be resolved is to produce AUDITED financials."
Actually unless I'm being lied to I believe it's going to be a criminal investigation that brings this to light. Honstly I don't care if it's PBLS or Riley filing the lawsuit at this point. The only thing I know for sure is PBLS scammed me and many other people. If what PBLS said is true and Riley then I have to ask why did they hire him and appoint him head of international operations?
Let's just ignore Riley, Vince, and Komex for a minute. PBLS still maxed out the OS to 1.5B when they said it was 815M. Unless PBLS proves me wrong I'm of the opinion that they whole time the were claiming Naked Short Selling and Share buybacks they were selling shares into the open market. Remember the run down to .006 last year? Unless they PROVE otherwise the obvious most simple answer is they sold shares. PBLS still made claims about a billion dollars on the oil side of the business. PBLS still promised Audited Financials. Ron still told me and several others that they had already spent over 1M dollars on AF's, etc, etc, etc
PBLS was a scam before Riley, and Komex, and PBLS is still a scam now that they are gone. When will they pay the dividend? Hey why not retire the pref III shares since you don't need the poinson pill?
Here's what I think. I think PBLS is headed for bankruptcy and management it trying to take as much cash out of the company as they possibly can. In an effort to give themselves some form of legal protection against shareholders they created the pref II shares. I think they boy's in NO are as crooked as crooked gets. They can sort this whole mess out by simply filing audited financials ans showing records of all stock sells and buy backs. They won't do this because they were selling stock while buying stock back.,,,supposedly.