PBLS News-
MADISONVILLE, LA, Apr 18, 2007 (MARKET WIRE via COMTEX) -- Phoenix Associates
Land Syndicate (Phoenix) (PINKSHEETS: PBLS) today updates shareholders on the
progress at Murphy Sand & Gravel (MS&G), a division of Phoenix in Pearl River,
LA.
Phoenix reported that MS&G is currently shipping to more than twenty five
locations all over the Gulf Coast States of Mississippi and Louisiana. Most of
the locations are ready mix concrete companies owned by Lafarge Concrete in
Louisiana and Coast Concrete in Gulfport, Mississippi.
MS&G has had a wonderful relationship with many of the most reputable concrete
and asphalt companies on the Gulf Coast.
Phoenix indicated that new production plants are currently being prepared for
shipment to the Pearl River mining site in order to meet the great demand for
product. MS&G has already cleared and prepared mining areas for these new plants
and production is expected to double and triple over the next few weeks.
Johnny Zornes, Assistant to the President of Phoenix, said, "We, as well as our
customers, are excited about the direction our company is headed. These new
updates should also excite our shareholders."
Mr. Zornes added, "We are currently loading about one hundred trucks per day,
levels unheard of at the MS&G mine site, and based on the number of inquiries
regarding purchase of MS&G products, we anticipate the doubling of order volume
over the next 30 to 45 days. Demand is so high for our products in the Gulf
Coast region that we believe sales are currently limited only by our ability to
produce product. We are adding equipment weekly to increase our production
number."
About Phoenix Associates Land Syndicate (PBLS)
Phoenix Associates Land Syndicate (PBLS) is a public holding company, with
thousands of stockholders, that has purchased motivated companies in order to
enhance its assets and income basis. Since 1978, PBLS has developed assets
and/or interests in sand & gravel, soil products, land development, oil and
natural gas, commodity brokering, plumbing, trucking, contract hauling,
construction, swimming pool construction and construction related industries.
For more information, visit www.pbls.biz
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