Phoenix Associates Land Syndicate (fka PBLSQ)

[Whirligig]

Don't shoot the messenger.......

With the authorized share count at 2.5 billion and the issued share count now at 2,026,527,511 PBLS seems to have the belief that they have an open account with a 2.5 billion limit.
I don't think it will take long to reach that limit.
This is the same thinking some have that as you have unwritten checks in the check book you have money.
The difference is that the bank will cut off funds in a check book and there apparently is no one to tell PBLS there is a limit to printing stock.

Unless owners of stock due to acquisitions have reassurances form PBLS, I would think they would be just as irritated as us.

It looks like PBLS is going to use the remainder of the Authorized but unissued shares to control the pps as the new venture partner scoops up shares at this price.

We are obviously at the bottom of the pecking order as we scamper about looking for scraps and avoid PBLS heavy boot.

I am still stupid or stubborn enough to think that we may one day see profit as this plays out.

I really am looking forward to the May shareholder meeting as required in the recently published bylaws.

Will it be pitchfork or champagne in hand?