Phoenix Associates Land Syndicate (fka PBLSQ)

[Bigfootbud]

Posted by: Cutting Corners
In reply to: Bigfootbud who wrote msg# 35966 Date:4/2/2007 3:54:04 PM
Post #of 36028

Just got an email reply from Mulshine.

He says that clause was dropped a long time ago. Funny no one heard about it.


(2/25/05 till 5/25/07 is 27months!! :):):)"On 2/25/05, Phoenix completed negotiations to settle $3.5 million in debt.
Based on the debt settlement agreement, Phoenix has contractually agreed to begin the process to become fully reporting within fifteen months and has contracted to finish that fully reporting process within twelve months thereafter.
Phoenix stock is grossly under valued because the company has not promoted its stock until the debt settlement agreement was finished."

"AND HAS CONTRACTED TO FINISH" :):):) )