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Re: inoutbackin post# 25922

Friday, 10/06/2006 10:29:57 PM

Friday, October 06, 2006 10:29:57 PM

Post# of 79921
inoutbackin,

Welcome to the board, CEO statement;

"Finally, with all said and all major acquisitions completed, Phoenix will increase its activities to become fully reporting. Phoenix expects that when it files that Form-10 the total issued and outstanding shares of its common stock will not exceed 815 million shares of which approximately 40% will be restricted."
http://www.pbls.biz/pressrelease_content.asp?prid=82

Shorting may be an issue;
"We would like your help. There is something that you might be able to do to help us, and in the process, help yourself. As you know, like many stocks on the pink sheets and OTCBB, PHOENIX has been recently trading at levels that are believed by most to be significantly below what we would consider fair value. Although general market sentiments about our company have undoubtedly played a role in the recent price of our stock, management believes that the current stock price is also attributable in part to heavy selling pressure from "short selling" of our shares in the marketplace and, some of this “short selling” may have originated outside the United States. Therefore, let me take a minute to explain "short selling" and what we think you can do to help."
http://www.pbls.biz/pressrelease_content.asp?prid=76

You can also find a number of experienced investors at; http://ragingbull.quote.com/mboard/boards.cgi?board=RB%3APBLS&origsymbols=pbls

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