Phoenix Associates Land Syndicate (fka PBLSQ)

[momentumtrader]

I have known Ron Blackburn for years. I have spoken to him on an almost weekly basis. I have gotten to know him very well. He always tells me I am one of the few shareholders that he like to talk to. I am going down in two weeks to personally visit the company and meet the crew. He always tells me things will come clearer as time progresses. The recent dillution from my understanding is to O'Reilly and Promuto. The cap is going to be 2.5 billion on this company. 700 million in total will come to O'Reilly and Promuto for contracts and companies that they merge into Phoenix. All this was clearly explained in past press releases. I did reconfirm with Ron last thusday. This still stands. Nothing has changed.