Phoenix Associates Land Syndicate (fka PBLSQ)

[tedwitt]

read the board, there is pleanty of PR capital to be had plus the indirect stuff they could continue to upload to the pinksheets.

This is different from most penny plays. They have assets, so people are confounded and can not make a 100% decision on scam or not, quite a good psychological angle.

Think of it this way, At one time you has a POS sand & Grave ops in LA. Then comes this MF of a storm called Katrina and all of the PR that would follow. Your stock goes to .12 and you dump several hundred million shares and gag the T/A because you lost control of the company and you use the Gag to help kill the pps and any knowledge that you sold a buttload (After a Mexican Dinner) into the market.

NEXT IS THE WOW. WE DID NOT GET COUGHT. WE CAN DO THIS FOR MANY YEARS, AS LONG AS WE DO NOT DO A NDOL TYPE D-DAY SCENARIO and AS LONG AS THE NEW ORLEANS REBUILDING IS IN THE SPOT LIGHT.

Next was "oil and gas is hot" so lets nail ProGas. The PR adds hope, the take down is the PR with the truth about profits vs $190,000,000 in revenue. If they wanted an O&G play the Barnetts Shale is only a few hundred miles away and screw an oil lease in WY, go for the CBM that everyone is cashing in on.