Phoenix Associates Land Syndicate (fka PBLSQ)

[pnew122]

Answer

Q-If you are in here for 2 years and are at higher prices then when did you buy in. If you were over 2 years in then you should be in sub-penny and not sweating, like me. Unless you got int after the Kartina spike which was in the end of 2005, when the stock priced spiked. Then and only then would you be in a such higher prices. Those that were here over 2 years were able to make a killing, but buying sub penny, cashing out above 10 cents and then rode it back down to sub-penny.

A-I bought in the 2nd time Oct of 05. Now down a nice 67%

Q-As I have said before what were your expectations when you bought in. Was it to double, triple, quad etc your money.

A-I bought to make money, period. When the company started talking about filing “soon” back then and the Oil biz, I decided to stay rather than trade out for well over 100 grand NET profits.

Q-I have tripled but I am not going anywhere.

A-Like I said, more likely cheaper prices than many of the long term holders. I can’t speak for them as majority consensus, just as you can’t for the more fortunate who got in late and cheap.

Q-It takes vision and foresight to make this investments and then have trust in the company. Do you? or are you just holding on because of what you have invested?

A-Yeah, I’ve had that vision for just shy 2 years. I can point to multiple PR’s from the company stating they would file. After 2 YEARS, they still haven’t.

Q-If you could break even right now would you bail out?

A-You bet your axx I would. But I am also willing to wait if need be. And just because I wait doesn’t change the fact the company has led many of us on with statements and decisions that change with every breeze in the air.


Q-Because once you are even, you know very well that the company is just going to keep growing and your return on investment will be even larger. Plus you have the ability to convert to the preferred plan and lock in the 6 cent stock price, which I am sure would give you some profit.

A-Now you are back to the 5 year commitment. If they can’t live up to their previous assertions and plans, why would anyone think THAT will change in the next 3 years? The same people (ethics) are still in charge.


Q-1.75 Billion Share count. Everyone can make an argument that this was not expected, but you have to realize that the company has a obligation to report shares that maybe convertible later on and that the company has the shares to cover the conversion possibility. This is why the share count was equal to the authorized shares. This stock was already going to be shorted and this news just made it easier for the shorts to drive the price down.

A-No sxxx Sherlock. It’s as if the company is in cahoots with the enemy. Make an argument? You gotta be sxxxxx me right? There is no “argument”. There is as best I can tell a false statement from the CEO as noted in this rel. Now to be fair, if we find out 90% of the OS is restricted, that puts a “slightly” different dress on this pig, but it STILL doesn’t match what the CEO said now does it?

http://www.pbls.biz/pressrelease_content.asp?prid=82

Finally, with all said and all major acquisitions completed, Phoenix will increase its activities to become fully reporting. Phoenix expects that when it files that Form-10 the total issued and outstanding shares of its common stock will not exceed 815 million shares of which approximately 40% will be restricted.

A2-WTF is the form 10 they constantly quote, and where did over 1 BILLION shares come from and go to?

Q-So whatever your bitching is about, you are either in or out. Time will prove us right or wrong. Do we all want the same result here?

Q-Call it bitchin if you like. I call it stating facts as presented by the company in “numerous” PR’s and communications with share holders via e-mail, phone, and in person. Consider a scenario based on the current environment.

Plenty of people were lent money by banks well in excess of what their house is currently worth. Now their mortgage, price to live etc have all gone through the roof. So do they call the bank, move out and live in the street? Just like banks this company has an obligation (if nothing more a moral and ethical) to conduct themselves in a responsible manner. No one EVER complained about the company acquiring and growing. But @ the same time they floated the grandeur dreams of a BILLION $ company, and what said company was going to execute to obtain these lofty goals. Now, some of the most significant actionable measures they could/should have taken are either changed, gone, or possibly never even expected to happen. The company clearly made some significant PR statements that had they happened, we would be in a much better place. So don’t belittle us longs as if it’s part blame on us for this shitty investment. The company fed us plenty of seeds to grow mushrooms.