Phoenix Associates Land Syndicate (fka PBLSQ)

[McDuck]

MRDALE RE: SHARE STRUCTURE 2.5 BILLION QUESTIONS!


There is now so much innuendo regarding PBLS's share structure that the the best anyone can do is offer their hypothesis on the issue. The truth is that we don't have enough facts to determine whether the current situation is good or bad.

Apparently the AS has been increased from 1.75 to 2.5 billion shares, a 43% increase. This could justify concerns of how diluted the stock has become. The perceived and actual dilution factors will surely impact the pps in the short term. In the longer term it will take sustained growth and profitability to reverse a downward pps trend.

The one thing that we can hope for here is that we are currently below the true market value. I know some have posted that the pps could really be in the .012 range {that's a scary thought} on the other hand an optomist might believe that it could be closer to .03/.04.

What did PA really mean when he said the stock is currently trading at one quarter of its value? Its value when? Last week! Last Month! What about June 13/07 when it was still .034. The way it reads to me, he means it's worth .039 right now. That would be fine but where does he see it being a year from now? Not long ago some folks were saying on this board that Company officials told them that the stock should go to .20 to 1.00 within a year or two. Is that scenario still remotely accurate or has it been significantly altered by this latest round of dilution?

Well it's too late on a Saturday evening to crack the old brain thinking about PBLS. I will hope for the best while being prepared for the worst. Time to go watch a good old movie. Tonight "The Lady Eve" with Barbara Stanwick. Great comedy.

Good Night!

$crooge