Phoenix Associates Land Syndicate (fka PBLSQ)

[tedwitt]

2006

Income / (Loss) Pre Tax 8,679,471

Now lets see what they did to the float...

1) If PA & RB really converted 25%

2) If they never went into that 2nd billion lot of shares

3) If the 110 million & 100 million buy backs were really done

4) If they really did get 42 million shares from the conversion

5) If they really did get 30 million shares from the .03 buy back (Not included in #3)

6) IF what PA said to me 1 year ago was TRUE, that he has been thinking about buying back the other restricted shares out there.