Phoenix Associates Land Syndicate (fka PBLSQ)

[Whirligig]

Double news day!

It looks like the sale of Best AeroNet has been in the works for some time and is not associated with the Murphy pit news.
The sale of Best Aeronet at least gives an explanation as to why the Best AeroNet card was not being honored at some FOB locations.

This sudden opinion of the appellate court was a surprise considering the previous ruling that led to the appeal. I am not sure where this currently leaves the Murphy litigation.
Has the pit been operating? Is PBLS locked out of the Pit? I have no doubt that the litigation will continue as a trial by jury is the final deciding factor. The question is "Will PBLS be allowed to operate during the litigation".

Some here are calling PBLS toast and but the most negative posts are coming from those that threw in the towel long ago.
I think calmer heads will prevail and those with cash may pick up some cheap shares in the turmoil.
Hopefully PBLS management is learning some valuable lessons and will concentrate on the positive aspects of the business.
Overblown unsubstantiated pr along with massive dilution cannot continue if the pps is ever to recover. Today's volume once again shows strength and confidence as the pps is only experiencing another bump due to bad news. The real culprit dragging the pps down is still dilution. This can be reversed with positive substantiated pr confirming previously announced acquisitions and contracts.

PBLS will live to see another day!