Phoenix to Release Q1 & Q2-2007 Results by Aug 1st and Aug 15th, Respectively
via COMTEX
July 13, 2007
Company Will Be in Full Compliance With Pink Sheets Guidelines to Maintain Its Status as "Current Information" Provider
MADISONVILLE, LA, Jul 13, 2007 (MARKET WIRE via COMTEX News Network) --
Phoenix Associates Land Syndicate (Phoenix) (PINKSHEETS: PBLS) today announced that the Company intends to update its financial full disclosure documents with Pink Sheets to include Q1-2007 financial results by August 1, 2007, and Q2-2007 financial results by August 15, 2007 so as to be in compliance with requirements to be categorized as a "Current Information" provider under the new Pink Sheets categorization system.
Phoenix has had many recent calls and emails from shareholders asking whether the Company would be making Q1 and Q2-2007 financial disclosures via the Pink Sheets disclosure process by the dates required to maintain its status as a Current Information provider. This release is intended to assure all PBLS shareholders that Phoenix will meet the required disclosure dates.
About Phoenix Associates Land Syndicate
