Phoenix Associates Land Syndicate (fka PBLSQ)

[McDuck]

LOW FLOAT ALMOSTLY EXACTLY WHAT I WAS THINKING!

If you can get in at around .01 convert to preferred at .06 {a 500% increase by the way} that means that in 5 years a $50,000 investment would be worth $300,000 + dividends {100% per year ++}. Quack! Boy thats a hard sell.

I'm gonna tell Huey, Duey & Louie but please, someone tell me are there any guarantees backing up those converted shares? Say the Company goes feathers up is there any recourse or guarantor in place; or are you an out of luck duck?

$crooge