Phoenix Associates Land Syndicate (fka PBLSQ)

[MrPastorious]

does that warrant PBLS to make an announcement that portrays their shareholder equity at 80 million, since that is a snapshot of the companies they purchased prior to their acquisition, remembering that assets are on the books for acquisition costs minus accumulated depreciation?
And how can a company be both under-valued and under performing? must be in pretty bad shape if it is.
And yes, it would be good if they were buying in the open market, but there was rumor that they are still only buying in cert form, which is outright idiotic. They can buy and get certs like everyone else.
It is so easy to hide behind this NSS thing that they have taken carte blanche and blame it for all their ills.