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Well I bought my first shares at
0.07. I bought more at 0.04. Now I'll just hold and check in once every couple of weeks.
truth be told I think RLTR is going to get crushed by the competition. I think they waited to long and companies like Apple will roll over the top of us. Now with that said in my experience no other VOD delivery system works as well as RLTR's (that is why I bought after all).
So for me I've decided that this is most likely money lost and it's the last of my high risk/speculatory positions for the time being. Like someone else said. You will probably lose it all but if you win it will likely be big.
The odds are stacking up against RLTR even more now that people are spending less money because of inflation, gas, and the general recession. So the question really becomes can RLTR survive long enough to actually market their products?
I'm not going on a Barry bashing spree, but IMHO the primary job of a CEO in a small startup company is selling...door to door if need be. From what I can see Barry isn't, can't, or simply won't make real efforts to get RLTR out to everyone.
Screw all the big deals....YOU NEED CUSTOMERS BARRY. Show that you can get customers and partners will come to you.
Cheers PNEW.
Thanks...I'll give that a try
Monday morning.
Any idea why I get this
message from tdameritrae when I try to purchase rltr?
"Opening transactions for this security must be placed with a broker. Please contact us."
Thanks
Rally,
That's pretty funny....those darn pesky phone callers are asking to many questions...
Those pesky phone callers are supporting their buy, buy ,buy habit...'cause the business "buy's" are nothing more than a front for the best scam as of late.
Remember the best scams are those that seem least like scams at the time...of course that statement would rule PBLS out..since everything as of late smell, feels, looks, and documents just like a scam.
Criminals: Ron, Paul, and Mulshine...Criminals or soon to be..perhaps very soon to be...Of course all of this is in my most humble opinion.
If you listen to the words of someone that lost 50K on a pipe dream you are a fool. If you repeat his mistakes you are certainly the bigger fool.
Xylan
"That whole MR email crap and letter from MR and or PA sort of hurt my believing anything posted here along with 528 other posts from various posters"
that is a good attitude to have. Noone (that you don't know) should be trusted when it comes to PBLS. As you are becoming more aware of there is an increasing amount of FUD being spread (most likely by both camps). One thing I'm sure of (personally) is that PBLS is a scam. there are a lot of players and some are on this board. I have no link to back that statement up, but I have sold every share of this company based on that and other beliefs.
in the end everyone has to make their own desicions.
Chilar,
You will have to email this document to others since it's a PDF. I'd however like to caution you in this regard. The cover letter for the arrest warrent clearly states:
"If the reader of this message is not the intended recipient, you are hereby notified that any dissemination, distribution or copy of this facsimile is strictly prohibited."
I'm personally am not comfortable posting this on a public message board and I'd recommend you not do it either...just my advise.
Cheers
Whril,
"Where is the documentation that PBLS is not paying its bills?"
Look harder.
"Where is the documentation that PBLS is not paying its bills?"
Perhaps bills was the wrong term to use. They don't quit paying the bills per say they just take the money out of company bank accounts and let them squander away...employee's and all.
"The only thing you are CERTAIN of is that you sold your shares for a whopping loss."
I did sell for a whopping loss and so will you...eventually.
There are however other things I, and others also know for certain.
1) I know for certain PBLS didn't pay dividends.
2) I know for certain they are not filing form 10
3) I know for certain Blackburn drives a Bentely
4) I know for certain the shares are close to 2.5B
5) I know for certain 2 ex-convicts are working for PBLS
6) I know for certain they claimed NSS the whole time they sold shars
7) I know for certain Management has 100M+ in preff III shares that were unduley issued.
8) I know for certain a couple of people on this board are CURRENTLY employees of the company.
9) I know for certain ALOT of money went to real estate
10) I know for certain that the oil side of business never came close to a billion dollars.
11) I know We were never "current information" providers yet were promised so.
12) I know for certain the LIED about 100+ trucks coming and going from the pit everyday.
13) I know for certain Carolyn Alonozo is NOT the best CFO for the job.
14) I ALSO know that they told many people Carolyn was being replaced.
15) I know for certain Ron Blackburn HATES investors.
16) I know for certain Paul actually put out a pr stating he went to CHURCH.
17) I know for certain John and Don Hayden used to cold call people trying to get them to invest. I was calle dmany times
18) I know for certain I need to get my butt back to work and quit playing on the boards.
19) I also know for certain the SEC has been notified...but you are right they probably won't do jack...'cause they are as corrupt as Paul and Ron.
So it would appear that there are QUITE a few things I do know for CERTAIN. BTW How many ex-employees have you spoken with? How many previous business onwers have you spoken with? Why not quit assuming I'm making it up and do some DD. Don't something might be wrong when investors who pumped this stock more than anyother for 2 years suddenly turned very negative?
Must by our inner bashers coming out.
BTW I won't provide you are anyone else proof of these things. You can believe what you want, but ALL OF THAT INFO is easily obtainable by someone who wants to seek out the truth.
Whatever,
If you think a PBLS pr is proof what more is there to say?
Hello everyone.
Initially looks interesting. Much more DD needs to be done before sinking any money into it.
Thanks for the heads up on this one Real.
Cheers.
Whirl,
"This is simply incentive to make good previous mistakes "
I sincerely hope you are right.
PNEW
Good point on both accounts. Profile Changed.
And yes flippers have ALWAY's made good money on PBLS. It was those of us too hard headed to realize that PBLS wasn't anything more than a penny stock that lost money. All the big hopes of the little gravel pit that could....HA. Suckered is what I was.
The funny thing is
that everyone here is excited about the "possible" infusion of cash. Why? What do you think will happen with that money? You can bet it won't go to paying salaries and running a business. It however might go towards a new Bentley or perhaps an offshore bank account, but rest assured it WILL NOT go towards building a business. They took every penny out of Best Jets and essentially threw that company away so they could have nice salaries...which are????somewhere between 10-40K a week.
Anyway preaching to the choir here. Everyone on this board knows this is a scam. People just simply want to believe what they want to believe. PBSL could announce they were buying microsoft next and everyone would do back flips of joy. Never mind the 50 Trillion shares that were issued.
Good grief I sincerely feel for anyone buying into the story this time around. Especially those that already heard the LAST 50 STORIES.
PBLS is a SCAM. Management of this company needs to be locked up in prison for the crimes they have commited.
LOL
"This decision is historical and monumental for Phoenix and will be used in the future as a model in law schools throughout the country when discussing the Uniform Commercial Code (UCC)."
LOL
crad,
"thier is still no sustancial info to support all the bashing."
really? I think it's the other way around. there is pleny of proof of what they haven't done. I'd ask you to show proof of something food they have done...and there are some things...just not many.
Now way will I get caught in that war of word
PBSL is a scam. Your account is the proof.
Xylan,
You "may" be right. The question is will you sell at a penny? Are half a penny? Or will you be blinded by the "next" great story PBLS tells?
Just asking and hoping that if you do play it you understand that it IS a scam and you play it as such. I know plenty of people that made money off SLJB after it was know to be a scam...it can be done.
Personally I think the risk is simply to high to play a stock that is a bona-fide scam. They ALWAY's find fair value at the bottom of the pond.
Bingo.
there won't be any top management coming in because it's a scam off a company. An good CEO would never even consider taking the position at PBLS. And CFO? Are you kiddig me? taking the job of CFO of PBLS would be almost like walking to prison and begging to be let in.
PNEW,
"Where is the proof?"
Are you serious? Open your eyes. There is more proof that PBLS is a scam then there is for Quantum Mechanics...and I'm only partially joking. Heck Quantum Mechanics and PBLS have a lot in common.
Whirl,
"This is an absolute gamble at this time."
And if you can keep a sane mind and play it as such you "might" make money.
Many times I bought PBLS low thinking I would flip it for a slight gain..HA. I always stayed to darn greedy.
PNEW
your point is well taken. I want you to know that I'm not trying to stick a hole you you or any other shareholder.
Remember it is you who has the choice to buy, sell, or hold. I don't blame any shareholder for my loss. I do however blame the company.
So please don't think I'm posting here to kick dirt in your face or anyone elses for that matter. I'm posting here because this is a scam of significant magnitude that needs to be stopped. This may make you mad, but I don't want any new people to buy this stock. I want this to trade to 0.0001 because Paul Alonzo has NO right to make a living off scamming people. Again everyone here has the riht to buy, sell, or hold. Selling for a loss was a very tough desicion for me. It however was my desicion.
You say you don't know why people would average down. Well I say I don't know why someone would rationally say, "what more can I loose?" Saving money is always better than loosing it. What I don't understand is how someone that knows beyond a shadow of a doubt that this stock is a scam can continue to hold? I'm not singling you or anyone else out...just thinking out loud I suppose.
For what it's worth I can only post 15 times a day now. I've only posted a couple of times in the past week. I don't follow it like I used to, but when someone steals money from you it's hard to just let it go.
Anyway enough of a ramble.
3 Year Low today.
From a post I made yesterday:
"Mark my words today was the start of pure capitulation...and this isn't going to be the move before the move. This stock may very well see 000's before weeks end."
Amen beer...Amen :)
I'm pretty sure I've never once read a pr from a public company that mentioned that the CEO and CFO went to church and shook the had of Such a GREAT man...yet then refused to shake the hand of another? LOL. Doesn't the Bible (or all religions for that matter) teach that all men are created equal.
Anyway...I'm laughing in a sad sorta way.
yes.
Call Mulshine. Even he will tell you Komex is dead.
Good Lord
You must be kidding........
Meanwhile back at the ranch....PBLS IS A SCAM.
Amen brother Asus
Amen.
chillar I'd bet in the eye's of the SEC
that Mulshine is still apart of this company.
I was really wondering what
FMI and Shiz's take is on all of this.
You know it's just a shame that we humans are all so bullheaded. I absolutely refused to listen to Asus, Cowboy, mthead, rover, and coydog about this stock once upon a time. I got my arse handed to me for not listening. Now it's the same song and dance only me, chilar and a few others are singing and the rest are dancing. Shame.
You know what the biggest shame is? It's that people are willing to hold this to the bitter end and loose it all. Why is that a shame? It's a shame because the people that will keep all that money are the one's that scammed you all out of it. I don't really know any here so I don't guess it matters what they loose. However I do know that PBLS scammed me and ever share a person holds is money they will use to host lavish company parties, buy bentleys, and God only knows what else. It makes me sick...not that people are loosing money, but that the wrong people are gaining. sick.
As for Paul and Carolyn going to church. I hope they prayed there little hearts out because judgment day is coming for them.
If they think that people on the boards have been harsh towards them I wonder what they will think about the prison guards and other inmates?
Mark my words today was the start of pure capitulation...and this isn't going to be the move before the move. This stock may very well see 000's before weeks end.
No one wants a scamming, God fearing CEO putting out a pr about how his wife is the best CFO and how they went to church.
Perhaps because we are all trying to move on?
of course once you've been wed to a stock for 2 years you feel compelled to keep up with saga.
What you can be sure of is those that are short sure as HELL aren't going to cover. And those of us that sold and started screaming bloody murder aren't gonna rebuy.
The real question you need to be asking yourself has nothing to do with what others are or are not doing. You need to ask your self would I rather have x dollars in my bank account or in PBLS stock? Because right now even with what litle most have left there is money to salvage. A couple of months from now that won't be the case.
So while I don't recommend anyone take my advice because of the legal issues surrounding it. I will say that if someone were to ask my opinion I would not hesitate to tell them to take the loss now and preserve what little capital you have. It was hard as hell for me to sell those initial shares at half a penny. I'm glad I did now. It's only going to get worse. A lot worse. Total loss worse.
I believe these clowns are going to prison. If not I will personally have lost complete faith in the US legal system when it comes to SEC issues.
BTW before anyone rebukes my post or tells me how bad my spelling is or defends this company why not take a quick look at the pps and ask yourself if you REALLY want to take the opposite stance?
** THIS POST WAS NOT LEGAL ADVICE AND PEOPLE SHOULD MAKE THEIR OWN DESICIONS **
Ok your crazy.
"Could be wrong but by how much? "
100% of your invested capital?
indeed.
I'm thinking more along the lines of a "real" value in the sense of book value per share. I'm guessing that once all the debt, pref shares, and pending lawsuits are factored in that real value PER SHARE will be a negative number. Obviously the pps can't go negative, but it can approach it down to a hundredth of a penny. really no matter how you shake that is bad for everyone involved.
I'll actually show a little optimism....a little.
I think PBLS will trend down for a bit longer to a 3 year low. I then think enough penny traders will see this as a bounce play simply because PBLS was once one of those well known stocks with a past story. Heck at .0025 it only takes 2500 to buy a million shares. In contrast my first million shares cost 30K. These people will likely buy in for a quick flip around half a penny which is now showing very strong resistance. Many current longs may also choose this point as an exit point. PBLS will also probably try to sell shares at this point. Osprey partners will also probably try and clear their remaining position. Their legal council who once owned over a million shares will probalby exit if they haven't already. This will likely cause a hard knee jerk reaction around half a penny. This reaction will quickly result in price capitulation.
Now for the good news. I'm almost ALWAYS wrong on pinksheet companies. The bad news is I could be wrong and tomorrow could easily be another day like today or worse.
Anyway I sincerly wish everyone here the best of luck. Many here think the worst is behind and rock bottom has been set in. I however think many people haven't looked far enough behind the curtain. I think the worst is yet to come. PBLS will "LIKELY" be investigated by the SEC. What happens if they are de-listed during an investigation...this is actually very common. How many here honestly think PBLS will survive an SEC investigation? Will the stock ever be re-listed? These answers I honestly don't know. I also had no intention of sticking around to find out. I took a large loss, but in hind sight I'm more prone to see it as I SAVED alot.
** Legal disclaimer. Anything in this post is purely speculative and investors should not base any buying or selling decisions based on this information.
I'm not so sure about that.
I think PBLS trading around 3-5 cents will turn out to look like a monster run once the real value of this company is realized. I expect 000's within a couple of months.
"if it wasn't for that one lousy pr we would not be here in the subs."
Whatever. The price would have been here much sooner had they not announced the Komex deal.
Remember the "current information" provider that they were gonna be?
Remember the 815M shares that magically became 1.5B? Oh wait...what is the OS now?
The pps was headed this direction with or without Komex. The only thing the Komex deal did was provide a nominal amount of volume so they could sell more shares. If anything Komex just prolonged it. And BTW the real sell off started when we started hearing about the pit lwsuit. Once everyone found out that PBLS had been out right lying about how that was going is when many of us started selling. That combined with information from some of the other business owners convinced me that it was time to salvage what little money I could from this stock.
BTW what about those pref III shares?
So I'd agree with you if these things happened in this exact order.
1) Announce conversion of pref III to common followed by retirement.
2) Cancel the pref II deal.
3) Pay the full amount owed from divy payments to shareholders
4) Pay off the pref II shares in FULL. Meaning 6 cents and 8 cents.
5) Removal of a convicted fellon from the board so the company can leave the pinks.
6) Fire Mike Mulshine
7) Current information provider
8) Begin the preocess of filing form 10 and leaving the pinksheets.
9) Quit the pr campaing and let the real numbers to the talking.
If those 9 things were done PBLS would be worth owning again. However that will never happen. The last three years have been nothing but one failed promise after another with regards to transparency. They have lied to investors time and time again.
This company is a scam. Some might make money on this by trading it, but any that holds this like a long term investment at this point is going to loose every penny.
Oh and PBLS needs to quit buying. no more buying of anything. They need to sell off as many business units as they can and focus on running one or two in specific industries. they are simply not competent enough to manage a diverse holding company...heck most people aren't.
Offshore bank perhaps
seems they bought one not to long ago. Of course that's conjecture on my part, but like you said..POOF. I went somewhere and it certainly didn't go to shareholders.
Very good point.
on all accounts. I was the sucker of the year...myself and others. Never again like this. I only traded before this stock. I'll go back to what made money.
Back to lurking. I'm not answering any more replies about PBLS for a few days. Time for a break.
Later.
You are kidding right?
Man...just go back and reread the pr's. No way am I going to waste the time and effort digging it all back up for you. THEY HAVE LIED SO MANY TIMES IT MAKES MY HEAD SPIN.
So yeah. It's a scam if the lied and never intend to keep those promises....THEY HAVE. If you don't see it there is not much I can do.
BTW another person is pumping how excited he is about the number..LOL LMAO...LMFUA If the numbers are so great pay the divies. Pay them now. retire the pref III shares and pay the freaking dividends.
This board is amazing...and the players are starting to show the real colors. How many here are working for PBLS on some level?
lol...btw I got what I had out at 5 tenths...good luck doing the same. If I could short this I'd borrow every dime I could to do it.
BTW divies not paid.
BTW. I'd bet my life those numbers are flat out lies.
Edited: Right....
No way what-so-ever I can blame PBLS for lying?
Just because one choses to gamble/invest doesn't give the other party the right to steal. They stole...you know it. I know it. The former business owners know it. The judge will know it as well.
Yes I have a right to blame someone besides my self for scamming me. I also have myself to blame for investing in high risk stocks...that I'm ok with. You see it's when they crossed the line from high risk pink company to scam that gives me the right to blame them.
It's a flat out scam when you promis investors 8 cents for preffered shares and a dividend and have NO WAY what-so-ever to pay it.
For those interested part 2
My shares were debited to my account today and I was able to sell them without any hickups. I'm in the processes of transfering the money out of the account.
My guess is that I was able to sell the shares because I had enough cash in the account to cover the transaction.
So what originally sounded bad turns out to have not have been a big deal to me. Just figured I let others with certs know.
Well I'm officially out of PBLS now. Aside from helping legal teams and letters to the SEC I will have no more to do with PBLS. Thus, to many people's delight I won't
have reason to post nearly as often on this board. I'm sure I'll still be around from time to time to see how the saga is unfolding, but I won't be around day to day.)
I've already wasted more than enough time on this pipe-dream of a stock and now that the position is completely closed it's time to move on.
And lastly. Contrary to some angry posts I've made in the past I sincerly hope some of you make your money back. Lord knows you deserve it.
Cheers
Have you spoken with anyone
at this company? I have been to busy with work and home life to do much DD as of yet.
For those that care.
I went to turn in my stock certificates today. I was told that because it was a pinksheet company it could take up to 60 days before I could sell the stock.
This is contrary to what I was told when I ordered the certificates. I tried explaining that the company was a scam and I just wanted out before the SEC stepped in. She gave me a number to call. I'll update everyone once I know more.
NOTE TO SELF. NEVER EVER TAKE OUT STOCK CERTIFICATES BECAUSE A LAME ARSE PINKSHEET CEO SAY'S HIS STOCK IS NAKED SHORTED.