Phoenix Associates Land Syndicate (fka PBLSQ)

[momentumtrader]

We've all been damaged temporarily by all the naked shorting has gone on in the stock. Do not let the people who have heavily shorted us up to this point out easily. We should make them pay dearly for their illegal activities. They have a vested interest in bankrupting companies that trade on either the pink sheets or over the counter. It is an extremely profitable activity for people who do this type of illegal manipulation. They even do it to much larger companies at times. I have spoken to senior level management at numerous companies that of all said they are being heavily naked shorted. A lot of these companies will be in trouble, because they tend to have a lot of debt and are in need of equity financing to continue as a going concern. It is very hard for these companies to raise money when their stock price is suppressed. The dilution ends up killing them. This is not the case for PBLS. They have cash in the bank, very little debt, and sales are going through the roof. Most companies usually get involved in a convertible debt situation out of desperation which eventually destroys them. Many of the people who finance these types of debt are the same people who do a lot of this naked shorting. The naked short position on this company is estimated to be anywhere between 500 million to a billion. I personally feel it's somewhere around 800 million. The company clearly knows they've been heavily naked shorted
as well as people who understand these activities and have been involved in the marketplace for a long time. There were days that the stock would trade with 90% on the buy side and go down. With the company buying back 42 million shares at three cents who in their right mind sold below these prices. They thought they could beat us down and cover a lot of their shorts with tax loss selling knowing what a banner year it was for the major indexes. They were wrong. It was clear to me watching the tape that people just continue to buy the stock knowing how undervalued this company is. There are a lot of sharp people who have invested in this company, because even though the stock was weak technically they knew fundamentally it was a screamin by and continued to buy it. Some people say why would someone short a company with so much potential? Good question. The truth of the matter is they short thousands of companies knowing that very few of them will ever be successful enough for them to ever have to cover. Most FTD's are never covered. And if they cause a company to go bankrupt, it is pure profit for them, because of a crazy tax loop hole they end up not having to pay taxes on their profits. Some people use Buyins.net as a source to figure out how many shares are shorted. Buyins.net is completely inaccurate.
The way they come up with their numbers is is that part of their equation is a complete guess. People who have
thoroughly investigated Buyins.net have come away very disappointed from what they found. The reg sho list is also not even close to accurate. It's an attempt to appease people with the notion that big brother is looking out for us.
A very good slide presentation that all people need to watch who invest in this microcap arena on how naked shorting works is below:
<http://www.businessjive.com/nss/darkside.html>
Awesome slide show
Must see
lots of links on naked shorting
<http://www.wall-street.com/nakedshorting.html>

There really is no way for sure to know how many FTD's or otherwise known as failure to delivers are PBLS.
I have been involved in this investment for quite some time. I think the company has done a wonderful job to this point.
It seems that they have done some very good acquisitions that are going to benefit us greatly in the long run.

I personally am not going to sell a single share until I know the stock is clearly appreciated from a short squeeze.
I personally think it is inevitable. When they become fully reporting over the next few months there is going to be a lot of pressure on the stock. It's so hard to tell when this thing is going to break, but I'm very confident it will. My estimate is between .05 and .10 cents.. The amount of shorts that are currently out there, I have heard estimates that if there was a squeeze the stock could go anywhere from one dollar to $50. It really comes down to when do people sell and how many people buy into the squeeze. Personally Wall Street is a dirty place, if there is a request to cover, many institutions will find out about this and buy into it which makes it that much more difficult for the party who has to cover, to get out.

I know this companies fair market value is $.18. I think next year the fair market value will be much higher. I'm in this for the long haul. Also if you keep this stock over a year you only have to pay long-term capital gains. Currently these rates are only 15%. Good luck to all longs. Try not to get itchy fingers. Look at this as a long-term investment. And I think we will all come out smelling like a rose.
I look forward to meeting some of you at the annual shareholders meeting some day.