Phoenix Associates Land Syndicate (fka PBLSQ)

[Whirligig]

Ren.....

Earlier one or the threads posted here led to Asus board where most previous PBLS moderators were squabbling over who said.... who did... what to who.

The common ground with most long PBLS investors is the curtain of secrecy management continues to maintain. As bits and pieces of information are found we see that work is progressing at a undetermined rate at the pit, best jets and the marina townhouse project.
PBLS management continues to play a game with unsubstantiated pr and minimal verified numbers.
Stockholders are left dealing with a pps without foundation that is totally dependent on management whims.
This is very frustrating as many have put a lot of money at risk and have little to show for their effort.
The general consensus of previous disgruntled longs is that PBLS is real and making money but are determined to keep the profits and leave investors begging at the back door.

The potential flaw in that theory is that PBLS has used common shares as payment for acquisitions as well as cash and preferred shares. I believe that there is probably a long range plan to support the common stock as it is hurting PBLS insiders as much as retail investors.

This has been a long and frustrating ride but the ride is not over yet. This is still a gamblers stock and we will just have to wait and see if management wants to come out of the dark and become legitimate company.

August 1 and the Pink Sheets reporting deadline should show us whether we have lift off or are just blowing smoke.