Phoenix Associates Land Syndicate (fka PBLSQ)

[Whirligig]

The largest intangible is the number of common shares in circulation.
The announced number of 1.75 billion common shares has always been known. PBLS said they were keeping the 750 million unissued shares in the cookie jar and were not selling them. Now they are listed as issued, but we do not know if they are still unsold and residing in PBLS cookie jar, or if we were bamboozled and PBLS has been a share selling company as feared.

I believe that there is a long term plan being implemented but these are the growing pains we must experience as management does things their way.

Management seems to have separated from shareholders as their hands are full juggling the balls of development, and shareholders are perceived as uncontrollable children demanding attention.

We may not like the analogy but it seems to have a bit of truth.