Monday, May 07, 2007 11:13:29 AM
PBLS Gold Rush A, .016, Nice news today to support upward movement.
Phoenix to Be Categorized as a "Current Information" Provider by Pink Sheets
6:30a ET May 7, 2007 (Market Wire)
Phoenix Associates Land Syndicate (Phoenix) (PINKSHEETS: PBLS) today announced that the Company, under the guidance of its SEC counsel, James E. Pratt, is in the process of completing its financial disclosure information for filing with Pink Sheets to insure that its shareholders and the investing public are provided with adequate current information. The Company expects to have this package of full financial disclosure information posted on the Pink Sheets website on or before June 15, 2007.
Pink Sheets has recently significantly expanded the information it requires under the category of "Adequate Current Information" from its listed companies. The goal of Pink Sheets is to provide shareholders and the investing public with a clear and complete understanding of the nature and operations of the Company's business. Including the products, services, assets, properties and facilities it owns and/or utilizes and its prospects for the future. Balance sheets and profit and loss statements are also required.
Mr. Pratt, as SEC counsel to Phoenix, stated, "I will be responsible for seeing that this filing is completed. I am working with Dennis J. Kowalski, Vice President of Operations, on this matter." Mr. Pratt added, "This picture of the present operations and results of the Company as a Pink Sheets listed company, plus its reasonably based prospects for future growth, will provide its shareholders and investors with a comprehensive view of the Company. This will enable a shareholder and/or a potential investor to make a prudent, reasoned decision regarding the investment worthiness of this Company."
Mr. Pratt indicated that he believes the new "Adequate Current Information" requirements will prove to be of great benefit to Phoenix. The filing of the completed data by Phoenix will accurately portray the Company's past growth and its continued and increased growth for the future. Once Phoenix discloses such Adequate Current Information via Pink Sheets, the Company must keep the information current on a quarterly basis.
Phoenix to Be Categorized as a "Current Information" Provider by Pink Sheets
6:30a ET May 7, 2007 (Market Wire)
Phoenix Associates Land Syndicate (Phoenix) (PINKSHEETS: PBLS) today announced that the Company, under the guidance of its SEC counsel, James E. Pratt, is in the process of completing its financial disclosure information for filing with Pink Sheets to insure that its shareholders and the investing public are provided with adequate current information. The Company expects to have this package of full financial disclosure information posted on the Pink Sheets website on or before June 15, 2007.
Pink Sheets has recently significantly expanded the information it requires under the category of "Adequate Current Information" from its listed companies. The goal of Pink Sheets is to provide shareholders and the investing public with a clear and complete understanding of the nature and operations of the Company's business. Including the products, services, assets, properties and facilities it owns and/or utilizes and its prospects for the future. Balance sheets and profit and loss statements are also required.
Mr. Pratt, as SEC counsel to Phoenix, stated, "I will be responsible for seeing that this filing is completed. I am working with Dennis J. Kowalski, Vice President of Operations, on this matter." Mr. Pratt added, "This picture of the present operations and results of the Company as a Pink Sheets listed company, plus its reasonably based prospects for future growth, will provide its shareholders and investors with a comprehensive view of the Company. This will enable a shareholder and/or a potential investor to make a prudent, reasoned decision regarding the investment worthiness of this Company."
Mr. Pratt indicated that he believes the new "Adequate Current Information" requirements will prove to be of great benefit to Phoenix. The filing of the completed data by Phoenix will accurately portray the Company's past growth and its continued and increased growth for the future. Once Phoenix discloses such Adequate Current Information via Pink Sheets, the Company must keep the information current on a quarterly basis.
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