can someone explain this?
this is from their july 7th announcement:
Revenues for the full-year 2005, if full year participation of 2005 acquisitions was assumed, increased to $165,971,862, up strongly from $465,452 in 2004
This is from their march 29th 2005 release.
Covington, Louisiana - Phoenix (PBLS) is a pink sheet company with over 2,600 stockholders holding less than 245,000,000 shares, with $300,000,000 in assets and a $35,000,000 in house financial statement. The Phoenix group of companies has no convertible debt and reported $2,000,000 of income in each of the past three years.
They had 465,000 in revenues in 2004 and made 2 million of income in each of the past 3 years???
