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."
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