Phoenix Associates Land Syndicate (fka PBLSQ)

[monkeyfrog]

I understand that and even mentioned that yesterday in a post- My point is PBLS has borrowed money - [in reference to pnew's post ] and I think paying interest quarterly on a note is also considered debt. As far as knowing about other financing - all I "know" is what the company releases.

Remember when PBLS finally finished aquiring pro-gas they mentioned they were in the process of putting aquisition details, share structure, etc on the ocbb site along with PBLS own. now 7 months later we are at the " very close" phase. I'm sure I'm not alone in hoping the very soon phase is a matter of days .

And I agree that settling the debt was a smart capital saving move- but as always I will be anxiuos to see the details.

Thanks for your thoughts!