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Agreed...
But that makes me remember another question for the board I've been pondering for a while...where do you think they came up with the $.06 price point for the conversion? Just an arbitrary number, something tied to profits, what do you guys/gals think?
There's no FA numbers that I run that would put us at $.06, unless that's the eps and the pps at no multiple. If that's the case, come mid-June we're all going to be some VERY happy PBLSers. You might just end up getting a weee out of me after all (instead of the beer just making me weee).
Got 'em...162K at .0027. I have officially joined the club.
Go heavy hitter, go. Remember us plebians when you get rich off PBLS...;)
Anyone have a link to free L2's on SPZI?
Will pay tomorrow. Today I am being stingy. Come on rookie hour, fill my order! ;)
When it comes to dealing with the investment community, my bet is on clumsy.
When it comes to dealing with growing the business, my bet is on crafty.
Either way, I sold a tiny, tiny bit today of my .006's for a 367% return (look dad, I'm a winner!). That satisfied my craving for some kind of, any kind of "profits." Almost everything else is now maybe "foolishly" certed. Time will now tell whether the clumsy can be overcome by the crafty.
Ren
Did I mention that I was stubbornly shamelessly, bid-whacking?
Hey Small, would have to pull out the old DD files but I don't think we bought all the Townhomes there. My thought is that this listing isn't ours, as well as several others you can find online. Let me see if I can pull up some facts to verify and I'll post what I find.
No problem on Scottrade...except that they won't fill my SPZI order. But again, I'm shamelessly bid-whacking...
I have been watching those in wonder for some time. Same people. same tactics. Same outcome.
Anyway...Coy, I'm thinking about taking some profits from some of my PBLS trading shares I picked up at .006 and was looking at SPZI. The core of my PBLS shares are certed, but I kept the .006's in my Scottrade account and now I'm up 400%. SPZI is kind of under the radar but I like what I see so far on the product and especially the management team. Not the classic down spike that you look for, but I like the fact that it's close to the bottom of the chart and has recently tested some lower resistence points and held in the .002's. And as it's about fully diluted now, I can't see them selling any more shares driving price down further. With the product roll out in a few weeks, it could get picked up by a few of the MOMO gurus.
I'd appreciate any thoughts/opinions you might have. Don't worry, I won't tell your wife of the Macdaddy that you're giving me tips. :)
Ren
Don't know how I landed here on this board or how SPZI came across my radar (probably from reading Imperial Waz on the BIGN board). I like the fact that some of the momo groups don't have it on their radar. I like the fact that inspite of some the indecision shown in the chart, the stock is staying above the MA50 and is still trading relatively close to a recent bottom. I like the fact that they seem to have a viable product and one of the few pinkies with a seemingly experienced managment team. Honestly, I just REALLY like the fact that I actually/finally have some cash from profits from a couple other pinkies that I would now like to move around. Shocker. With that said, can a few of you longs either PM or respond to a few of my questions...
1) Can someone break down what exactly Spooz does in plain English? Please understand my experience is in real estate, mortgages, construction and development (thus my love of PBLS).
2) I know the product is software driven, so how easily can would-be competition re-invent SPZI's "wheel" and resell? Is there competition?
3) What is a realistic expectation on revenues generated from product sales (at first glance it would appear that $80+ month per subscription that management's future revenue claims are a bit high)?
4) Outside of the Preferred/Common conversion plan (which my PBLS is also doing much to my chagrin), did management express intentions to reduce the O/S via either r/s or buyback at the recent shareholder meeting? IMO if they show revenue/profit/eps growth a R/S wouldn't frighten me as much as some...
Again, look at my past posts and see that I don't bash, but have learned to seperate emotions/hype/pessimisms and be realistic in the pinks. Just need some perspective here as I typically steer clear of technology based stocks. Probably fear from old SDNA days...which of course is suffering for other reasons...
SPZI's on my watch list for now. Ready to take a position but need a few questions answered...
Thanks in advance and God bless our troops and those of you with family members serving our country now. May you be proud of your family regardless of the uncertainties of present conflicts.
Ren
Whirl-
Thanks and agreed.
http://www.nodc.noaa.gov/dsdt/cwtg/satl.html - Atlantic Water Temps
http://www.nodc.noaa.gov/dsdt/cwtg/egof.html - Gulf of Mexico Temps
Water temps for the most part are running slightly below average for May in the Atlantic and Gulf which points to fewer hurricanes, but the "leading indicator" to me is Caribbean temps which are running way above normal so far this year. That's where they all come from early in the season before the African coast gets ramped up. My gut feeling (and its a big gut after all) based on what's happening locally here with weather in Florida is that we will have a normal, to below average hurricane season again like last year. But then again, I'm just an overweight, graying surfer. What the heck do I know?
Ren
Del & New PBLS followers (not that you are Del)...
http://www.investorshub.com/boards/read_msg.asp?Message_id=16207147&txt2find=mitchell
http://www.investorshub.com/boards/read_msg.asp?Message_id=16368282&txt2find=pit
http://www.investorshub.com/boards/read_msg.asp?Message_id=17530594&txt2find=pit
You've might have already read them, but I still stand by them. The only change in opinion I have is due to the recent pit acquisition. After my conversations with management, now I believe that Ron probably wanted out of the Pit business having an airplane background but Paul wants to stay in. So while the pit has been represented as 10% of NI, and was supposed to be phased out completely when the Murphy Pit was exhausted, now it looks like they plan on staying in the business because of the growth in their construction biz.
IMO mining these pits is just part of Phoenix's base, but not the primary block that some suggest. I think the other parts of the foundation come from construction, Progas and Best Jets engine overhaul repair. Then above that in the business model is the Lear Jet overhaul/refurbishing. And above that is maybe/potentially other oil & gas revenues, though news has been silent on those areas for some time. So the pit is part of the "core" business, but maybe only 30-50% of NI, and construction and Progas represent the other 50-70% of NI (where Progas shows the big Revenues but has slim margins in the 3-5% range). This "base" hopefully will all add cash to the bank account to allow PBLS to some day go after the more "speculative investments" it has in sight, like deep drilling for oil out west. It's these investments/PBLS businesses that take lots of cash to get going & are the ones that make me see the biggest returns coming in 2008-2010 if things keep progressing they way PBLS claims they are.
Again, just an opinion on things I've developed while digging to get solid information from a mostly silent company. Do your own digging, but IMO not catestophic as some suggest if we lose the pit. The ones saying it are typically the same ones saying a) they don't follow the company any more when in fact they still personally own millions of shares since late 2005/early 2006 b) claim Preferred Shares in the amount of 250M are all outstanding while surprisingly PBLS still has Preferred Shares available for the common exchange hmmmm (and even with preferreds they consistently speak out of both sides of their mouth....and c) that the O/S is 1.5B+, when not a single investor who has certs in hand has a cert that shows the new A/S for common, a sign that PBLS indeed upped the O/S only to increase Preferreds, not to dilute common shares. Hmmm...I wonder why they're so negative all the time? Hmmm...I wonder why they don't claim to own PBLS shares and yet repeatedly post charts, "facts", tongue-in-cheek "opinions," and follow PBLS like a hawk? I'm sure it's because they really care about you and me and want to protect us and our investment. Gee, they're so swell for looking out for me and you.
Don't listen to me. Don't listen to them. Form your own opinion based on the facts we do have. And there are positive facts out there. There are negative facts out there. That's why this is a pinky now and hopefully not in the future...
And like others say, if you buy or sell because of me, you're crazier that I am.
Ren
There is definitely reincarnation on IH...as well as multiple personality disorder [dissociative identity disorder]. Just watch who posts what, where and when and you too will see the light my brother (picture me saying that like Steve Martin in Leap of Faith).
Back to searching for the stock to put potential PBLS profits in...anyone with a real feel for a winner can PM their thoughts and/or DD. I like DD, especially when I don't have to do it all the time. PS...no family building companies, no biometrix stocks, no pumping up old oil well stocks, nothing about Russian diamonds, nothing from Canada on the pinks etc. etc. Lessons learned you see...
Ted -
"I said over a year ago and got bit$hed for this but I will say it again.....
THERE IS NO MIDDLE GROUD HERE, WE EITHER WIN BIG OR WE SUCK THE PIPE."
Exactly my thoughts. No GTC sell orders for me on this one in the $.15-.25 range. Very few non-certed shares left in my Scottrade account. And while some will flip (and good for them) and some will sell to go for free shares (and good for them), but for me...Either I'm buying a new house ocean front from this, or I'm framing my certed shares next to the throne in my bathroom of my not-close-enough-to-the-beach bungalow as a reminder not to quit my day job just yet.
Go big or go home.
Ren
aka Incredibly Insightful Stock Picker or World's Dumbest Bagholder
Still "on the sidelines" huh, but shockingly have the wonderful compassion to warn us all of our impending doom? Hmmm...looking for cheapies are we or just at a loss for a real life outside of the world of message boards? Good thing you don't have a clue about this company, or others for what it matters...so please slither back to the Global Diamond, Sulja, and Panmersa boards you wonderful stock picker and please leave us happy cool-aid drinkers alone on this beautiful Sunday. You've already been wrong once in the past 30 days on this one. Ready to be wrong again?
"Posted by: hardasset
In reply to: None Date:4/24/2007 6:40:38 AM
Post #of 37965
IMO, PBLS will not change their 'non-reporting' status and will be listed with a red stop sign on the Pinksheets beginning on or near May 1. Any comment from the company in this regard could be something on the order of - "the audit which has been in progress is continuing but as of yet no timetable for completion can be established. There are a number of contigencies that must be addressed, and Phoenix appreciates the continued patience and understanding of our loyal shareholder base in this matter."
The May 15 date IMO will pass in dead silence."
eom.
Del...
For better or for worse, the MO of the company has been to very selectively release things through IR, but to be exceptionally open with investors that call the company directly. Too open in my opinion but I am thankful for the information. Just call and speak to Ron yourself to see what I mean. It's great to be able to speak directly with a major partner in the company, but I hope that changes "very soon." It's disheartening how IR is often shut out of information from the company and confusing that a partner in a claimed large conglomerate has time to speak 10-20 minutes almost every time I call. I would think he shouldn't have the time. I know several posters here think that IR is a joke. I personally think they can only work with what they are given (minus the endless focus on NSS though it is happening with PBLS here).
Just a thought.
OT - Blitz...
Avoid RLTR, AURC, ATLJ, NWOG, and MDOR. Some unscupulous folks playing them.
This one is growing on me though I haven't bought yet...UTYW. Read the latest addition of the Economist to know why this is an amazing long term hold industry-wise. And yes, I am sick enough to read the Economist. ;)
FWIW I am a high risk guy when it comes to stocks, and I only buy and sell micro's. I don't hold a single stock on the larger boards b/c there is not enough return for me to justify the risks involved with holding them. Everything I consider a conservative investment is tied up in Real Estate. My "risky" investments are here in the pennies. The UTYW recommendation is just that, a recommendation and I have no idea how any stock will do in the present or future.
Ren
TA buffs...is closing above the upper boli a buy signal or anything us non-illiterate chart people need to be aware of?
Weird thing is if you try to fund your Scottrade account online it takes 3 days to clear.
Could it be because they expect to be on Pinksheets elite by August as some are suggesting, therefore making the $.06 buy back a moot point because we will be trading at a higher pps. One thing I have always gotten from Ron is there frustration with how PBLS trades. Sure we hold that transparency cures all ills, but I'm not always sure they believe that. Maybe PBLS doesn't expect the "pop" we all look for by June 15th. Maybe they see it coming with this "mini-uplist," which is why the August deadline on the preferred conversion deal.
Just thinking out loud. IMO. Hope we see a green close at least in the .017's. Have a great weekend guys and gals. Hot and dry so time to head north for a weekend respite.
Ren
OT-Shelby
Of course, of course. It would all be great to get together at a Bayou side watering hole if this works out. Of course, we'll all be shocked to finally put faces to names I'm sure.
Ren
Ps I am as sexy as you all think I am.
Pps And obviously humble.
OT-Ted
Only if you buy me a bottle. ;)
Most of the disdain for message board posters comes from their experience with some of the less honest posters here from 2005 through 2006, which would be after that PR Castle. These folks are thankfully not here any longer (though one did show up today briefly only to speak out of both sides of their mouth AGAIN).
Thanks again mods for keeping it honest and positive without too much of the scam board hype. I'll buy Gnulnx and Fmi a case of beer each hopefully after June 15th. Shiz, you'll owe me that bottle of Cakebread Merlot...and I look forward to owing you that bottle of Tequila.;)
Ren
Look for a couple of bigger buys coming in later today... as Cowboy would say, "Time to Pony Up"...again I guess. ;)
Though some past "reputable" posters did approach them with the P&D scheme and PBLS kicked them to the curb...
42M is smaller than I want, but every little bit helps. What will really help seeing that 42M jump to 100M-300M is one of those who own the 42M receiving the promised 6% dividend and letting the community know that PBLS is keeping their word on this one.
IMO
Probably could use options/restrcited common as well as part of the financing but the increase in the A/S for Perferred was supposed to be "for acquisitions." So agreed.
Good to be back. Been reading faithfully but as you understand, not a lot of time for posting. Do continue to thank the folks on the board for their DD.
Ren
What's also nice about buying this new pit is that after depletion, they can work with Cherokee to correct any Environmental issues, and then develop the property as they used to do in the past. With the amount of property we are selling in that area of Mississippi right now, PBLS would have no problem turning condos, SFR homes, doing a golf course community etc. Case in point, we just did a presentation in Boston for some of our Gulf Coast property 2 weekends ago and sold 42 units (Sorry I didn't call Gnulnx but I was in Friday afternoon and gone Saturday evening). That brings us to 270+ units for the year with 7 months of selling to go. Also, Most demanded property we sold in Boston...a condo conversion called Oak Glen Marina that is a carbon copy of the condo/marina PBLS already owns. We sold every unit there we have available at this time.
Oh yeah, Go PBLS and sorry I haven't been around much!! Got back from my India trip and started a new business to help my brother get on his feet. Among other things its been busy to say the least. If anyone knows how to post pictures on iHub I'd love to show some pics from my trip as I promised.
Ren
Hello fellow PBLS addicts...sorry it's been a while since I've posted but I've started a new RE project and FINALLY finished the remodel on our new home.
Just wanted to drop a line to my friends here telling them that I'm just now heading out for the trip to West Bengal India I've been planning. I know some of you think I'm a braggart about this stuff (that means you Lowfloat! ;) ), but I only bring it up because I know that some of you do pray, and that hopefully a few of you will read our team blogs at http://www.i58volunteers.org/, and maybe someday get interested about helping some really underpriveleged kids in India get education and start a better life.
For now, keep the bashers at bay, the conspiracy theorists at bay, the Kool-aid drinkers at bay, the SEC at bay, any "soon" or "very soon" statements at bay, and any PPS below a $1 until we return!!! :)
Ren
PS Shiz...Does walking around Madison Square Garden in 30 degree weather in a T-shirt freezing my butt off while asking random folks where I can watch the Gator game at scream tourist or what?!!
No offense, but if that's true, that's the first REAL GOOD news I've heard about PBLS in a while. The contracts are great, the growth is great, but knowing that certible shares are drying up is huge IMO.
Ren
Great close all things considered. We stay above the 200MA and continue to confirm Shiz's pattern after testing it today. Might stay here first part of the week and then off we go again IMO.
Ren
OT - Irish. He should be in jail with 2 others. The three of them will be "very soon," they just don't know it yet.
Newbies can learn one thing: don't buy pennies that are pushed hard by "credible sources" that are based over seas in Canada, Russia etc and promise the moon. Buy a company that seems undervalued but at least you know for certain actually exists without having to take "their" honest, "God-fearing," word for it (Read MDOR, AURC, GBDX etc, etc). Unless you can personally feel fine making money off of scams like some would-be board gurus because "other people shouldn't have been such a sucker," and "well, there's always a winner and a loser." I sometimes forget to lock the doors to my car...does that make it justified to steal my car stereo? You guys make up your own mind but I like to sleep well at night...
Just a strong opinion folks.
It's the typical corporate shell game that developers use. It's "come on Mr Lawyer who wants to sue me, I dare you to find the assets" strategy that corporate America survives on these days. Companies like GE, Berkshire etc wrote the book on the strategy. Phoenix Associates Land Syndicate, is the holding company that we know of as PBLS. PBLS owns many LLC's, Limited Liability Companies, that do just that, limit the liability to the parent "shell"/holding company in case one of the LLC's gets sued, goes bankrupt etc. What Phoenix is hopefully doing is segregating their assets into many different buckets/shells/llc's so that if one business deal goes bad it shelters the assets of the rest of the company. This simple fact is why I maintain that the Pit lawsuit isn't catestrophic if we lose, as we would simply lose the assets in that one very specific division/project. Granted that would be a claimed $300M revenue loss and possibly up to a $60M profit loss over the life of the pit, but it wouldn't be game over as some suggest. We would still have the assets from the rest of the company. In this case specific case, PBLS, LLC was set up for this marina/condo project. PBLS, LLC is owned outright by Phoenix.
See post http://www.investorshub.com/boards/read_msg.asp?message_id=16021238 for more details.
I sure hope not. If that's true then we could all be waiting another 12-18 months for AF's. I just don't see it. IMO.
Ren
If the $20M contract was all we had going on, the answer would probably be no. But since we have big Best Jets news supposedly coming and I've also heard that Pro-gas margins have improved as well, so I'd say it's still 10% or less of entire company. Of course the Best Jets and Progas stuff is just rumors I haven't been able to confirm.
Favorite part of 1 John 4 for me right now...
"because in this world we are like him." 1 John 4:17b
Really stop and meditate on the implications of that for while!
Ren
PS thanks for "keeping it real" with this board with what life is "really" all about.
I like the "almost certain" part. You should have added a "soon" and you would have sounded like a true PBLS shareholder! ;)
PS I'm also betting on that fact that it's almost certain that it will happen soon...we'll celebrate on Canal Street together.