Phoenix Associates Land Syndicate (fka PBLSQ)

[mac44]

Mr. P. thank you for your clear explanation of your stance and concerns with the company. I will not take issue with you because even though I am as long as anybody I know, I am certainly not in a position to pass judgment. I do have one question though: If you are truly long and certed (or not certed for that matter), why DO you cut your own throat? Did your concerns with management arise after you bought PBLS shares? If so, then why don't you just sell? Do you do this with other stocks you own? Is seems incredulous that you do it just to "piss us off", but if that is true, then why? You are obviously a well-informed investor, which makes it even more puzzling as to your motives/M.O. Excuse my candor but I'm not accustomed to behavior such as yours from a "long". Are you really a shareholder? mac