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Cowboy do I win your contest as stupidest poster?
Posted by: monkeyfrog
In reply to: stushy who wrote msg# 7031 Date:12/15/2005 10:16:07 AM
Post #of 7441
Why didn't management put that in an official release? I mean everyone gets the info by phone? Also you know if PBLS management owns over 51% of the company they could [ not saying this has or even would happen here] increase the AS/OS without a proxy vote. Why are you guys so content to fly "blind" here so to speak? IMO
I posted that PR - but it was from July and it said "usually" restricted or preferred- And as you know preferred can have triggers that have to do with stock perfomance -time restriction and several other things. I know what your thinking- but wouldn't you think the comapny could just say we used xxx amount of 5 yr restricted shares for the progas or any other aquisition? We'll see how this shakes out- Thanks again for your thoughts
But without an official PR from the company detailing how the shares were used it's only speculation what the restrictions or triggers are on them. Why wouldn't the company explain the need for the extra billion shares before the progas closing? Thank you for your thoughts.
Man you got that right- and whoever stushy supposedly talked to about the OS/AS being well under 1 billion is sure suspect here. I know what I'll be reading tonight. Sure looks like a few of the extra billion shares have made it thru restrictions and into the float.
Unbelievable- gee wonder why PBLS didn't tell anyone? Especially all the in the know phone clubbers.
Did you read the 12/06 amendment?
What are you like 5 yrs old? Can't you even try to act civilized or is this how you approach life? Thanks for the info- I have a pretty good set up for charting already- but I appreciate your take.
Go Git 'em!
True- but I bet you wish all your posting history of totally unsubstantiated info and the like [imo] was able to be hidden . I'm waiting to be "schooled" on T/A by you. I have my #2 pencil sharpened and a brand new notebook. Let me know when school starts TIA.
you still have time to edit your post- I suggest you check your spelling- or I suspect your post might get deleted.
Same signal as here?
Posted by: Cowboy
In reply to: None Date:11/8/2005 3:47:45 PM
Post #of 7318
According to my technical analysis this is probably the last day we will see these prices. Tommorow might open a little weak but I think this is the bottom and besides my charts tell me we have accomplished all that is necessary for a move in the UP direction.
Besides we now have GOD on our side.
"The only way to achieve true joy and fulfillment is by becoming a being of sharing."
Posted by: Cowboy
In reply to: None Date:12/6/2005 9:44:09 AM
Post #of 1644
Just got a signal on PBLS to take er UP and no buyers...LMAO
"Recognize what is in your sight, and that which is hidden from you will become plain to you."
Posted by: Cowboy
In reply to: kelly leak who wrote msg# 3861 Date:11/16/2005 6:11:54 PM
Post #of 7315
Kelly there was no GAP as was in question. I just made a post over there on Raging Bullshit and hopefully cleared things up.
Heres a link:
http://www.ragingbull.lycos.com/mboard/boards.cgi?board=PBLS&read=25127
Yes I'm VAB_Cowboy over there and Yes you are right about GAPS...too!
"The only way to achieve true joy and fulfillment is by becoming a being of sharing."
- Not sure we "know" that all the stock is restricted and preferred . But thank you for your thoughts.
BTW I sent you an email with some info I wanted your opinion on- did you recieve it last Friday?
Zeptepi- "What you consistently fail to mention is that PBLS usually requires a 5 year period before it can be sold (or repurchased by PBLS for an agreed-upon price)."
If this is true why doesn't the company put this info for all to see in their PRs? The only PR I saw with that info was also the one that said the safe harbor friendly term "usually"
So why not clue everyone in all all the aquisition costs since the July PR . Seems simple enough.
from June no mention of restricted then---
http://www.pbls.biz/pr26-a.htm
The third issue is dilution. Phoenix is a growing company. We plan to add five to eight new acquisitions before 2005 is over. Phoenix does not generally buy with cash, but buys with stock. As Phoenix buys -- the assets and the income of the company are expected to increase exponentially. As Phoenix grows, stock will be issued. With these stock issuances, the company continues to increase its stock value for all concerned, but this also causes dilution. There are many companies that do not grow, they have no dilution, they have no market and they have very few future prospects to drive their stock value. We believe that Phoenix stock is for those investors that are interested in a healthy, growing, dynamic company that has a future and that is not content with stagnation. As a limited example, companies like G.E. own and operate hundreds of companies and they have issued 10.61 billion shares of stock and continue to do so. This entire message is from Paul Alonzo, President and CEO of Phoenix Associates Land Syndicate, and it reflects the view and business plan as developed by the Phoenix Board of Directors.
From July - should be noted that several aquisitions have happened since then with no specifics as to what the terms are.
http://www.pbls.biz/pr26.htm
TO ALL PBLS INVESTORS:
Several investors called the office after our last news release expressing concerns about the use of stock when purchasing existing companies. RESTRICTED AND/OR PREFERRED are the words I left out of the release. In almost all cases we use five year restricted and/or preferred stock to purchase other companies. Each deal has certain unique aspects but they are usually structured with RESTRICTED AND/OR PREFERRED STOCK with certain triggers wherein a seller can exercise various contract options. It is also appropriate to say that any purchase by Phoenix would be expected to be accretive within the first year of purchase, which is certainly in the best interest of our current shareholders. I hope this further clarifies the use of stock in Phoenix purchases.
Thanks for your insight
I think i should've just left it at if the company is trying to buyback shares at a lower price as some have speculated- They certainy wouldn't have relased a PR about a neighboring oilfield that produces 15,000 barrels a day- To me that was meant to prop up the share price along with progas's 190 mil in revenue without any other details. I read on Ragingbull that the company will hopefully ungag in January and will be releasing details of the aquisition soon-- [ more of the same]
All this seems to take attention away from the sand and gravel business- gotta wonder if that is on purpose.
Have some numbers from KY but will post them this evening so as not to be percievd as influencing the stock trading as some have specualted I am trying to do. Thanks for your good work- !!
This is what troubled me too-
2nd, if the paperwork for the leases is still in processing, why did they PR the lease acquisition? the BLM says that any party can protest or dispute the lease all the way up to the actual filing with the BLM. So far, no filing exists with them regarding either lease. So, technically speaking, it ain't official
For all that say the company is being vague "on purpose" to somewow facilitate a lower price for the buyback- I strongly disagree- If that is the case why release some bogus 15,000 bl per day well PR ? For the following days that's all a lot of you wanted to talk about- and it seems more like a PR to pump the stock rather than quitely accumulate with. And on that note- I wonder when management knew that PR wasn't true? I mean do you think they just found out it was false yesterday morning? I know I posted along with several others that that PR was pretty whack- Powerpole even called the company and got it confirmed. That same PR was still on the company's website last night [I haven't checked this morning] . just did hmmm
The 15000 barrel a day bogus PR is still on the company website. Nice
Hi- this is my last alloted post so I won't be able to reply- I think treepeople already answered this but I can tell you in Kentucky I had to search also under John Barksdale and midsouth resources- I will tell you this- Grizzy has this stuff down pat- if he's lurking he would be the guy to ask- I had planned to post a bunch of stuff about the KY leases and production on Friday and also I found some interesting stuff on the western leases too-
Griz gave me some Hellaciuosly good [is that even a word?] DD and I would say if he's willing - start with him!
Also the BLM will actually call you back and is a very good resource.
The funny/strange thing is I don't think PBLS or Rome knows exactly where their western leases are. IMO
Look forward to your DD!
Thanks - I think that's a possibility - I think though after the oil pr restatement - PBLS management is really gonna have to nail the next PR's . It's tough to earn trust in pink land and when you get the chance it's best to shoot straight and deliver what you promise. IMO thanks for your thoughts!
Wow nice!- Actually I sell tadpoles and frogs to a couple universitys and zoo's . I have clearly stated my position and I feel I have done a good job on my DD. Sorry you doubt my intentions- I work for noone but myself and I have found the best investors do well if they spend less time wondereing about one's motivation and more time evaluating if the info is correct! Thank you for your thoughts.
BTW Even though I am sold out for the foreseeable future -I mantain this website and am easy to get ahold of if you doubt my credibility.
http://monkeyfrog.com/
BTW could you direct me to a post that I made bashing PBLS?
Funny the guy never answered your last question to him- makes ya wonder- he was up bright and early pumping on Raging hoot a nannies board but now he has slinked away- but I bet he'll be back soon .
That is one well written email. PBLS could use a person such as yourself to head their IR department. Nice! Hope you get a response.
Unfortunately it's sure looking that way here today. I think the news certainly could've been better or at least what the company had originally stated it would be . Never know tho- crazy things have been known to happen in the stock market.
Looks like a big test coming up here of the .02 "support" in the next couple days.
The point that seems to be overlooked is that even though PBLS is a pink sheet stock they are still a public company- and whether the shareholders are saintly or "bad-blooded-scoundrels" the fact remains that the shareholders own the company .
In my opinion if the details of any of these last few aquisitions were actully great news for the company- PBLS would've released the info by now- The fact that PBLS can't/won't even tell the shareholders how much cash- how much stock- what the restrictions are and any other info that is pertainent to the deals speaks volumes about what the future may bring. imo
The company apparently would rather tell any of the 2000 or so shareholders over the phone the info requested, unfortunately the phone info seems kinda lacking in details too.
I also think it's strange that self proclaimed "true longs" that say they intend to be holding PBLS for the next several years - seem to be posting dozens of times daily. I mean if you are holding for 1-3 years why bother ? IHUB used to be all about sharing good DD and none of the RGB BS. Unfortunately the DD talk lately is very limited - hearsay phone calls and other info that noone wants to post publicly. Maybe we can get back on track if/when the company gives us something official to actually talk about.
Roflmao!
Whoops! I think I see a couple more of the bad ones over hiding in the weeds over yonder.
I'm sure if the specialist thought he could get .025 or better he would be selling there- but every tick upwards also may bring new sellers that would compete with the block he needs to move- also the company itself may be supporting the bid at or around the .02 and that might even be part of the deal.
Like it or not there are some momentum traders in the mix and possibly some folks still holding from sub penny- I think PBLS could break the trend with a strong PR which up to now hasn't occured. imo
Am I understanding you correctly?
The company isn't worried about where it is going or how it will get there. They have the confidence to achieve their goals and they will....all of them.
They are not interested in bad blood or bad investors and wish they would all just sell out and move on. When they know most of them are out they will start coming out with all the information we are all waiting to hear
Wow are you serious about this?
When will they know all the bad blood and bad investors are out?
Will you tell them?
This is getting to be unbelievable- Thank you for your thoughts!
This isn't gonna make much sence but I think if PBLS falls below .02 the seller is done . I can explain- but it's all hypothetical. Just thinking that someone may have had a block of shares possibly as payment for one of the previous aquisitions.And put that block thru a specialist with the condition the seller wanted .02 and let the market maker scalp for what he could get over that. And since the block may have been pretty large- the specialist is taking a very small margin until he gets to a more manageable size. Then he may run it to get a nice finish or if he's done- he won't have to keep it above .02. There is another element of that as far as selling into PR's but that would involve other stuff I wouldn't want to speculate any more on- all imo .
Why didn't management put that in an official release? I mean everyone gets the info by phone? Also you know if PBLS management owns over 51% of the company they could [ not saying this has or even would happen here] increase the AS/OS without a proxy vote. Why are you guys so content to fly "blind" here so to speak? IMO
In due time? Then why put in the PR that they will be available at time of closing? I mean how hard is it for the company to say we gave progas x amount of shares with so and so retrictions and x amount of cash? Don't you think PBLS management knows what they paid? Anyway good luck today! and thank you for your thoughts
From the original PR in November- "According to ProGas audited financial statements, the acquisition when closed, is expected to add in excess of $190,000,000 in annual revenues to Phoenix. While specific information on the acquisition will be made available when the transaction closes
http://www.pbls.biz/pr45.htm
Maybe even some Revenue numbers since they have audited financials- I mean this PR is just more of the same. IMO
Well all I can say about that is "thank goodness for the safe harbor act" If anyone bought because of the 15,000 barrels of oil per day pr- they might be a tad bit upset. Never know how a market reacts to news- but to be honest the info in this PR isn't what I was led to believe it would be.
Thanks I posted a link with the wolverine oil article that is for the Nevada electronic reading room . On Friday I'll post why it's important and some other stuff that I think cuts both ways for PBLS- [I figure Thursday we can discuss the progas stuff] And I think you got it right as far as investors trying to learn about the company- I'm right there with you- But I can tell you that I will be the biggest supporter of the company if I can make a solid case for them. And if you ever want to discuss certain things about what I'm posting plz email me at Monkeyfrogdotcom@aol.com . This is my last post alloted for today- [ sarcastic applause please] . Thank you for your post
Also- this is a monkeyfrog- [ you had some pretty cool graphics I must admit]. http://monkeyfrog.com/
Hope tommorrow brings good news !!!
Ot No but I lived in portland for a year- and visit there quite often. I'm actually in Florida right now . Why?
I posted a link to the wolverine info last night- and I have even more info on it that I'd like to discuss on Friday. FWIW
I think if you're looking for a short term pop a morning pr is usually called for. An after the bell PR signifies to me that you are confident that you pr will withstand an evening and next morning scrutiny . If PBLS has some good info to share an evening PR will allow investors to digest it and in turn tell others about it. That would allow for a more sustained next day and maybe into next week run. IMO
Haven't heard of an idex that tracks them.
This is where PBLS is rumored to be posting some info soon [ this week?] about share count and some other helpful info.
http://www.pinksheets.com/quote/quote.jsp?symbol=PBLS
Well I'm hoping someone else might want to discuss some of these things. I mean when I call the company I don't get any of this great info everyone else seems to get. And I'm one to ask really good questions imo. My DD tells me that the company should've released the rome oil and gas/ Mid-south resources aquisition details and financials before progas. My DD tells me the comapny should be able to tell a shareholder exactly where their newly aquired oil and gas leases are and what their WI is and what they paid for each . For a company who tells anyone who'll listen that they are want shareholder value and full transparency - they seem to miss every chance to give the shareholders solid info to work with- all imo ofcourse.
I'm not a shareholder at this time- I'm hoping for some clarity from the progas closing . I'll be happy to pay a higher price if I can make a case for the numbers- right now to be completely candid- I have a lot more questions than answers. I'll certainly post if I buy back in.
[hears this quiet conversation in the background] -- "shhhh .. ignore him and maybe he'll go away"
Too funny
Good luck! I'll be lurking- hope everyone gets what they hope for.
I thought this was interesting- was wondering if this will be included in the progas aquisition or if other businesses that seem to be complimentary to progas's are included.
http://www.sos.louisiana.gov/cgibin?rqstyp=crpdtlC&rqsdta=34477148K
Show me where I'm "bashing"? I'm posting because I'm interested to see if this company is a good one to invest in. Why are you concerned- I'm posting info that I would think is relevant for discussion. I don't see how I'm bashing or hurting anyone here. But if noone wants to discuss anything besides next weeks pps. so be it