Phoenix Associates Land Syndicate (fka PBLSQ)

[MrPastorious]

buying only in cert form is a total crock. 1- what price are they paying? the market price when the cert is delivered? some other price offered to a select secret few?
This is taken from their announcement of august 8, 2006

The Company further indicated that it is now in the process of an open market buy back of its common stock, up to one hundred million shares when combined with the shares that may be repurchased under the above program that is being rescinded.

what does open market mean? it doesn't mean buying in cert form only. More fodder for the shareholder lawsuit.