Phoenix Associates Land Syndicate (fka PBLSQ)

[LowFloatGoat]

It's interesting how the price moves on such small volume. It took about 200 million shares, or a little over 10% of the alleged 1.75B OS, to drop the share price by almost 2/3's from .034 to .012. It should have taken several hundred million more than that.

I think PBLS needs to create a measure corresponding to 'fully diluted' and 'non diluted' share count. Fully diluted would count all the shares including those set aside for preferred conversion and any other type of conversion. Non diluted would not inlcude those 'set aside' shares and would only count shares that are no longer in the treasury or shares that are available to the market.