Phoenix Associates Land Syndicate (fka PBLSQ)

[Cutting Corners]

"Well, here's an idea for you. Just suppose their books are in such bad disarray, and reflectng certain unetical, behind the scenes, deals, etc., that filing with Sarbox would cause the whole management team to go to jail. I am NOT saying that is the case, but just put that idea on the "scale of truth" opposite the idea that Sarbox is too expensive. Just consider it!"



"Taking a page from London's popular AIM stock market, Coulson in March created a new tier, called OTCQX, for Pink Sheets-traded companies that agree to file credible disclosures and appoint outside overseers—approved by Pink Sheets—to review them. Of the more than 8,000 companies listed on the Pink Sheets, only 11 have met the requirements and paid the fees to join the OTCQX ranks so far. But Coulson projects that more than 100 will do so by year-end."

Bob