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PBLS will move hard. Positive news on a law suit. Not PR'd yet. Easy 5 bagger with a push.
They don't short, they just flat out sell the stock and close out their position.
I'm for sure selling half my position at 1.5 cents. Not sure about the rest.
Reason is simple, it's more than a 3 bagger from where we are right now.
Like I said, this is a word from a close friend. But I have no control here. I'm hanging on just like everyone else.
Cause this board has been good to me. And I care about the people that have been here a long time and have lost money.
There are two groups (not associated with IHUB), that are starting to work PBLS. They have been evaluating how much capital it will take to run this. Doing test buys and sells, etc. for about 2 1/2 weeks.
This comes from a an old college buddy that runs one of the groups.
Don't believe me, I cannot show anyone proof. But if things go as planned, they would like to close out PBLS today at .0045 with hitting a high of .0048 today. Use that as your credibility measuring stick.
I was told they could get me out at at least 1.5 cents before the end of the month.
Good luck longs.
If we get good news, it will be the fastest 10 bagger we have ever seen.
Second Ace - Canceling all or a large part of the
Preferred III's.
PA knows what that would do to the pps.
Talk about an easy way to raise capital.
Good News
Pbls keeps laying off people. Saves money.
Remember, a penny saved is a penny earned.
Spend, spend, spend didn't work. Maybe save, save, save will work.
No doubt. This will turn around in a big way. Selling drys up, ask gets kicked up and off we go. Look at the chart. It always works this way with PBLS.
It's not like PBLS is just a company with an idea. Selling a few condos would do wonders for their cash flow.
Bottoms in.
Lay offs are good for the stock price. Pbls still has plenty of assets. PA does not want any stock selling for under .004.
I'd say buying now is as good as it gets.
Looks like PBLS is guarding the .004 pps very close.
Check this out. - PBLS- sitting at .0041.
Company has an unlimited buy back in place at .0041. Company is sitting on the bid cause they don't want any stock sold under their .0041 buy back offer.
Your thunder could run this MOFO into new territory, this time without downside risk. Give it some thought. This offer was never recended.
August 10, 2005 - 6:00 AM EST
Updated Buy Back Proposal
Phoenix Associates Land Syndicate (Phoenix) (OTC: PBLS) is very pleased to announce that in its ongoing efforts to support Phoenix stock and supply the best value for shareholders, President Paul Alonzo has decided to increase the amount offered per share for the unlimited repurchase of PBLS common stock to $0.0041.
Phoenix hereby offers to purchase your shares based on the following:
1. PBLS will pay $.0041 per share for your stock.
2. Send your stock certificate via certified - return receipt requested
mail to:
P.O.Box 1358
Covington, Louisiana 70434-1358
3. With your certificate send a letter, in your own words, stating that
you are selling the stock back to Phoenix for $0.0041 per share and
that you request your payment on same within thirty (30) days.
4. Sign the back of your certificate as the seller along with your
letter.
5. Phoenix will handle the ensuing paperwork and pay you for your stock
within thirty (30) days of the receipt of your letter and your signed
certificate.
Thanks Master for the heads up. I called my broker because of your message. They said "no problem, you can buy, sell, do whatever you want with PBLS. No "red flags" here."
No reason to sell with this still out there.
PA can't pull it because it would surely tank the stock.
There was never a PR that recended this offer.
Also, this is not forward looking material. It is fact.
August 10, 2005 - 6:00 AM EST
Updated Buy Back Proposal
Phoenix Associates Land Syndicate (Phoenix) (OTC: PBLS) is very pleased to announce that in its ongoing efforts to support Phoenix stock and supply the best value for shareholders, President Paul Alonzo has decided to increase the amount offered per share for the unlimited repurchase of PBLS common stock to $0.0041.
Phoenix hereby offers to purchase your shares based on the following:
1. PBLS will pay $.0041 per share for your stock.
2. Send your stock certificate via certified - return receipt requested
mail to:
P.O.Box 1358
Covington, Louisiana 70434-1358
3. With your certificate send a letter, in your own words, stating that
you are selling the stock back to Phoenix for $0.0041 per share and
that you request your payment on same within thirty (30) days.
4. Sign the back of your certificate as the seller along with your
letter.
5. Phoenix will handle the ensuing paperwork and pay you for your stock
within thirty (30) days of the receipt of your letter and your signed
certificate.
PBLS - setting up for the next run. It's in the loading zone right now.
Yes, it's setting up for the next run. It will happen. Always does.
Looks like a lot more disinformation here on the board today. A lot of stuff about nothing.
Remember buy low sell high.
We will be back to about 1.5 cents within a week.
Just watch.
You're right about a couple of groups trying to control the stock.
If you buy on the bad news with PBLS, you will always profit.
The timing is also interesting.
I know that next week, there will be a run on the stock.
Look for at least one 100 million share day, probably on Wednesday.
Word is, PA can't sell any more stock, or else.
This will be interesting.
Picked up a little strter pack at the low today. Last time I entered the stock it turned into a 3 bagger for me.
Brian, the CEO, as most of your know is a real solid guy.
GL
PBLS - It's all lubed up and waiting for you. Take a peek.
No, I think PA and RB will have to cancel their own Preferred III shares.
Then we will see some real price movement.
PBLS still running. Only first day. We will see well over a penny here, soon.
My guess is that the Preferred III's will be canceled.
There is no doubt we are going higher.
The company selling has stopped.
We will see it over a penny and then some.
Yea, chart reports do not work for PBLS. Price goes up when PA stops selling shares, it's that simple. He needs it back over a penny. It will happen and then some.
PBLS is running. It happens every year. They are done seeling shares for now. We will see it over a penny very soon.
MM's working this one up. PA needs it over a penny real soon.
Up ticks on bid will keep coming.
Bid uptick again on PBLS.
This will move north for at least a week.
They are definately moving it up. Now way PA wanted to sell for under .004.
This happens very year. It moves up very easy when they stop selling shares.
They now want it back up ver a penny.
Will happen within 4 trading days.
PBLS - we have a runner
Yep, we may have a runner today.
PBLS - showing some action. Bottom may be in.
The Buy Back is on in PBLS. Upward movement for the next week.
The By-Laws requires proper notice to shareholders of their annual meeting.
This meeting is to be held in the month of May each year.
Maybe if 100 of us shareholders turn up at the meeting we will get some answers.
PBLS - getting ready to bounce off 52 week low.
Kind of funny how we closed at .0041. Exactly the price of the original share buyback offer, after 40+ million shares traded.
PBLS - at 52 week low.
Price matches a company buy back price. Time to load the truck here. Down side almost zero.
PBLS- Easy 3 bagger from here. Just rock this MOFO.
Yea, I'm not saying that the .0041 deal is a good one or has any useble use for us.
I'm just saying the pps will not go below that offer for more than a day or two.
It was never taken off the table.
Until they publically take it off the table it is on. Their own wording "unlimited share buyback".