Phoenix Associates Land Syndicate (fka PBLSQ)

[sawdin]

Good question. Pinksheets guidelines are very specific and mirror SEC requirements. If ALL of the 'guidelines' need to be met, PBLS would not meet those guidelines based upon what they have posted to date. This is just my opinion.
Here's the link to the OTC Guidelines for Adequate Current Information (you will need to go about 1/2 way down the page and click on the link for the PDF document) IMHO, they are asking for everything that appears in the guidelines:
http://www.pinksheets.com/otcguide/issuers_index.jsp

Excerpt from Pinksheets' Guidelines:
Instructions relating to initial, quarterly and current disclosure statements:
Issuers shall provide information pursuant to each item and sub-item of the Guidelines and shall include in their response (i) whether a particular item is not applicable or unavailable and (ii) the reason it is not applicable or unavailable. The disclosure shall be provided in the format listed below. Issuers may incorporated by reference financial statements and other exhibits that are posted elsewhere on Pink Sheets News Service or on SEC’s EDGAR system, as long as the incorporated documents are current, and as long as issuers clearly explain where the incorporated documents can be found.