Phoenix Associates Land Syndicate (fka PBLSQ)

[gbb777]

About shorts:
As a lurker, I post very seldom. Here is a mail I have sent
to Mr Mulshine on July,6

Quote

Good Morning Mr Mulshine.


As this is my first e-mail to the company, let me briefly introduce myself:

**********************************
*******************************, who introduced me to

Phoenix Associates, and holder of a small amount (*M) of PBLS shares.

I am an investor, not a trader.



Let me share with you one incredible event on the OTC that I have witnessed a few months ago,

where price manipulation and non-settlement of trades are galore, except when you catch the culprits off-guard.

Who knows, the company can use this information in the future....



Here it goes:



Patriot Scientific Corporation Announces Unprecedented Microcap Dividend
Tuesday February 14, 9:42 am ET

SAN DIEGO, Calif.--(BUSINESS WIRE)--Feb. 14, 2006--In a move virtually unprecedented among Microcap stocks, Patriot Scientific Corporation (OTCBB: PTSC.OB - News) - a high-tech intellectual properties Company that specializes in developing and licensing high-performance ultra-low power microprocessor technology - today announced that it will issue a cash dividend of $0.02 per share of common stock for shareholders and qualified warrant holders of record as of February 24, 2006. The dividend is payable March 22, 2006.



*************



Now look at the chart: In a time span of a few weeks leading to the dividend date, the share price jumped from

15 cents to a whopping $ 1.5 , as no broker was willing to pay from his pocket and only REAL shares were

to be rewarded.


(Here I pasted the 6m chart)
http://finance.yahoo.com/q/bc?s=PTSC.OB&t=1y



I am following Phoenix Associates closely, and I hope one day I will be able to visit the company HQ.



Hoping to see a SEC filing in the near future....


******

Unquote

For me the magic word is and remains : CASH DIVIDEND

Back to lurking