Phoenix Associates Land Syndicate (fka PBLSQ)

[panlprofits]

I . . .

Am growing impatient. Aside from the company's use of the word "soon," which we have found meant little to nothing, all we have to go on for a time-line is rumors and speculation. This time last year we were looking to late spring/early summer. Then we we were thinking fall of '06. And then, surely by just after the first of the year. Someone said they heard from management numbers would be out "late January or early February" . . . which dates, of course, have come and gone. Now we're talking past spring and into summer.

When June gets here, we'll be talking fall or early '08???? How much longer does PA expect longs to hold?? Oh, right; as many here believe (and I think I'm beginning to agree)PA wants all of us to give up and either sell out or take the preferred deal. Then when HE has all the shares, he'll release the numbers to the shareholders: namely himself and his chosen few.

Cynical? You bet. I guess that's just the kind of mood I'm in today.

'Nuff said.