Phoenix Associates Appoints New Orleans-Based Law Firm
NEW ORLEANS, LA, Jul 19, 2006 (MARKET WIRE via COMTEX) -- Phoenix Associates Land Syndicate (PINKSHEETS: PBLS) is pleased to announce that it has hired the law firm of Johnson, Johnson, Barrios & Yacoubian of New Orleans, LA to represent the Company as its general counsel.
Paul Alonzo, CEO of Phoenix, said, "We are very pleased that Alan J. Yacoubian of the law firm Johnson, Johnson, Barrios & Yacoubian, will now be the lead attorney representing Phoenix in general corporate and SEC matters. After a wide search for a new law firm to replace our prior counsel, Dickinson Wright, PLLC of Detroit, Michigan, we are pleased that we have been able to hire a fine and more convenient New Orleans-based firm."
About Phoenix Associates Land Syndicate (PBLS)
Phoenix Associates Land Syndicate (PBLS) is a public holding company, with hundreds of stockholders, that has purchased motivated companies in order to enhance its assets and income basis. Since 1978, PBLS has developed assets and/or interests in sand & gravel, soil products, land development, oil and natural gas, commodity brokering, plumbing, trucking, contract hauling, construction, swimming pool construction and construction related industries. For more information, visit www.pbls.biz.
Forward-Looking Statements
This press release contains statements that are "forward looking" and are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995 and federal securities laws. Generally, the words "expect," "intend," "estimate," "will" and similar expressions identify forward-looking statements. By their very nature, forward-looking statements are subject to known and unknown risks and uncertainties that may cause our actual results, performance or achievements, or that of our industry, to differ materially from those expressed or implied in any of our forward-looking statements. Statements in this press release regarding the Company's business or proposed business, which are not historical facts, are "forward-looking" statements that involve risks and uncertainties, such as estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements. Investors are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date they are made.
Contact:
Osprey Partners
Mike Mulshine
732-292-0982
osprey57@optonline.net
SOURCE: Phoenix Associates Land Syndicate
CONTACT: mailto:osprey57@optonline.net
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