Phoenix Associates Land Syndicate (fka PBLSQ)

[PUNTANG]

Ren, I believe that PBLS is making some short term decisions that are unpopular due to some great opportunities to buy up profitable companies and grow reveneues/profits long term. I'm as upset as everyone here with the OS expansion, but I visited the company twice over the last 2 months and found that PBLS is in it for the long haul, not to please short term investors. I then made the decision to convert a portion of my shares for the preferred offer to lock in a nice gain on my total investment. I still have a substantial investment in common shares that I will keep in case the price goes much higher in the next 5 years. I suggest anyone with a substantial investment in PBLS visit the company and make their own choice, but do it quickly because time is runing out to get certificates and send them in by 10 August (6 weeks left)