Ren,
How do you come up with that figure when they signed this:
"MADISONVILLE, LA--Feb 20, 2007 -- Phoenix Associates Land Syndicate (Phoenix) (Other OTC: PBLS) today announced a contract signed with Cherokee Environmental Construction, Inc. for up to $20 million in aggregate and sand to be mined at the Murphy Sand & Gravel (MS&G) mine site in Pearl River, LA, and to be delivered to Cherokee in increasing quantities over the next twelve months."
and
"Phoenix Announces Order for 2.5 Million Cubic Yards of Material
Material from the Company’s MS&G Mining Site in Pearl River, LA Will go to the US Army Corp of Engineers Through Second Tier Contractors
NEW ORLEANS, LA – July 20, 2006 -- Phoenix Associates Land Syndicate (Other OTC: PBLS), a holding company with assets and/or interests in sand & gravel, soil products, land development, oil and natural gas, commodity brokering, plumbing, trucking, contract hauling, construction, swimming pool construction and construction related industries, announced today it has received an order for 2.5 million cubic yards of material from its Murphy Sand &Gravel (MS&G) mining site in Pearl River, LA.
The Company indicated that this order was placed through United Soils, Inc. of Ray, Michigan, and will be processed through MS&G under a new Phoenix trade name United Soils of Louisiana, and will be filled in 35 – 45,000 cubic yard releases that will go to the US Army Corp of Engineers via second tier contractors.
Paul Alonzo, President and CEO of Phoenix Associates, said, “This is by far the largest single order for product ever received at the MS&G site. We at Phoenix look forward to working with our friends and associates at United Soils, especially Ron Omilian, their President.”
Ronald C. Omilian, President of United Soils, Inc., stated, “This is just the first of many orders to come over the next several months and years. Our market in the Greater New Orleans and Gulf Coast region is enormous.”
Mr. Alonzo commented further, “We find it very interesting that after Hurricane Katrina our shareholders envisioned huge growth of our Murphy Sand & Gravel operations, they just didn’t realize that they were nearly a year early in their speculation.”
About Phoenix Associates Land Syndicate (PBLS)
Phoenix Associates Land Syndicate (PBLS) is a public holding company, with hundreds of stockholders, that has purchased motivated companies in order to enhance its assets and income basis. Since 1978, PBLS has developed assets and/or interests in sand & gravel, soil products, land development, oil and natural gas, commodity brokering, trucking, contract hauling, construction, swimming pool construction and construction related industries. For more information, visit www.pbls.biz."
and
"Phoenix Associates to Acquire United Soils, Inc.
Recent approval by the US Army Corp of Engineers of the Company's aggregate products for use on projects in Greater New Orleans and the Gulf region has accelerated the build up of mining operations at Murphy Sand & Gravel and the acquisition of United Soils
NEW ORLEANS, LA - May 23, 2006 -- Phoenix Associates Land Syndicate (Other OTC: PBLS) today announced that it has entered into a binding letter of intent to acquire eighty percent (80%) of the outstanding shares of United Soils, Inc. and its sister company, Earth Products, Inc., with the closing anticipated to be on or about June 2, 2006.
Paul Alonzo, President and CEO of Phoenix, said, "With the recent approval by the US Army Corp of Engineers of aggregate products from the Company's Murphy Sand & Gravel mines for use in the rebuilding of the Greater New Orleans area and the Gulf region, the acquisition of United Soils makes perfect sense."
Mr. Alonzo added, "Since we signed a working agreement with Ron Omilian, President of United Soils, back in early 2006, we have strongly increased production operations at the mining site. By bringing United Soils into the Phoenix family of companies, we believe that the future will be very bright for all parties involved."
Ronald C. Omilian, said, "I am pleased that we have come to an agreement with Phoenix, and will be combining our operations with a company that is so determined to be a strong contributor to the rebuilding of the Gulf region. Having already been working with Phoenix, we have become quite comfortable that United Soils and Phoenix will grow together, doing our best to accelerate the productivity of the Company's aggregate products operations, and to satisfy the needs of the US Army Corp of Engineers and the many others in need of our products and services."
More complete information about United Soils, Inc. and the terms of the acquisition transaction will be released after the closing.
About United Soils, Inc.
United Soils, headquartered in Ray, Michigan, opened a division in the Louisiana and Mississippi areas in early 2006 to help in the reconstruction after the Katrina disaster, and has provided 3-4 million dollars worth of heavy equipment to help in this reconstruction process. It has an abundance of earth materials at the Phoenix sand & gravel mines in Pearl River, Louisiana. United Soils has a fleet of trucks to provide the hauling of these materials to the places most in need.
The Ray, Michigan operation of United Soils is one of the largest wholesale suppliers of bulk topsoil in North America, and is a multi-service company providing mass earthwork, site grading, soil erosion control and trucking. Having started out as a topsoil operation providing custom blended soils and compost, today the company is heavily involved in site development, snow removal, trucking and seeding, and own a large fleet of gravel trains, dump trucks, dozers, scrapers, and loaders.
About Phoenix Associates Land Syndicate (PBLS)
Phoenix Associates Land Syndicate (PBLS) is a public holding company, with over 5,700 stockholders, that has purchased motivated companies in order to enhance its assets and income basis. Since 1978, PBLS has developed assets and/or interests in sand & gravel, soil products, land development, oil and natural gas, commodity brokering, plumbing, trucking, contract hauling, construction, swimming pool construction and construction related industries. For more information, visit www.pbls.biz"
And
"Press Release
FOR IMMEDIATE RELEASE
Phoenix Adding New Production Operation at MS&G
New Dredge and Work Site Operation Will Increase Production by 130%; Additional Work Sites to Be Added This Year as Demand Continues to Grow in the Gulf Coast Region
MADISONVILLE, LA--(MARKET WIRE)--May 1, 2007 -- Phoenix Associates Land Syndicate (Phoenix) (Other OTC:PBLS.PK - News) today announced that its Murphy Sand & Gravel (MS&G) mine at Pearl River, LA is installing a new production operation that is expected to increase its production capability by 130%.
The company indicated that the new production operation with the capacity to produce up to 350 tons per hour of material will be in production in three to four weeks. The following equipment is being added to the MS&G mine site as the new production operation is installed.
Equipment:
-- A Model 1830 Kolberg Washer Plant - 500 tons/hr.-with 44 Inch Twin
Screws and a 6 X 20 ft. Triple Deck Screener
-- Conveyor - 80 ft. (2 each)
-- Radial Conveyor - 60 ft. (3 each)
-- Conveyor Fed Hopper - 70 ft.
-- Hopper Belt Feeder - 10 yard
-- Allis Chalmers - 8 inch Electric Pump to run plant
-- Sand Dredge - 8 X 10 inch - to move sand to Classifier
-- Dredge - 12 X 12 inch - to feed Plant capable of 350 tons/hr-this
dredge is already in the water at MS&G
-- Kolberg 7000 Series Sand Classifier/Blending Tank System
-- Series 6000 Coarse Material Washer
-- Concrete Slab - 20 X 50 ft. - for installation of equipment
Paul Alonzo, President and CEO of Phoenix, stated, "The addition of this new work site at the MS&G mine will allow us to fulfill current contracts and requests for materials that are already booked and to handle additional requirements." Mr. Alonzo added, "We are receiving new orders for materials and requests for quotations for large contracts on a continuing basis, and due to the growing demand we expect to be adding more work sites at MS&G as cash flows will allow."
About Phoenix Associates Land Syndicate (PBLS)
Phoenix Associates Land Syndicate (PBLS) is a public holding company, with thousands of stockholders, that has purchased motivated companies in order to enhance its assets and income basis. Since 1978, PBLS has developed assets and/or interests in aviation, sand & gravel, soil products, land development, oil and natural gas, commodity brokering, plumbing, trucking, contract hauling, construction, swimming pool construction and construction related industries. For more information, visit www.pbls.biz."
