Phoenix Associates Land Syndicate (fka PBLSQ)

[MasterBlastr]

IMO, PBLS will not change their 'non-reporting' status and will be listed with a red stop sign on the Pinksheets beginning on or near May 1. Any comment from the company in this regard could be something on the order of - "the audit which has been in progress is continuing but as of yet no timetable for completion can be established. There are a number of contigencies that must be addressed, and Phoenix appreciates the continued patience and understanding of our loyal shareholder base in this matter."

The May 15 date IMO will pass in dead silence.