Phoenix Associates Land Syndicate (fka PBLSQ)

[WarEagle]

I've reviewed the preferred offer over and over. It doesn't make any business sense at all from pbls stand point. It smells fishy.
Even from pbls own PR's, and financial statements, there is no real money pouring in to convert common to preferred.
Pbls has an agenda for doing this offer, it just isn't clear yet why they offered it.

However, with that said, I will not sell at these levels.
I want to find out where those 750,000,000+ shares went.