Phoenix Associates Land Syndicate (fka PBLSQ)

[Whirligig]

Shiz and fm,

Thanks for taking the time to effort to provide more insight into PBLS.

I see that some are critical because you did not grill PBLS management under hot lights asking all the hard questions.
PBLS does not have to answer the hard questions anymore than investor/gamblers have to buy the stock.
This is a high risk stock and the current pps reflects the reality of the risk.
With audited financials and full transparency the pps would probably be very different. Face it folks....... management is in charge and all the jumping up and down, blustering and threats are nothing more that irritation or entertainment for those with the answers you demand.

Best Jets, the Marina project and the Murphy pit provide visible evidence that we have a real and functioning company. I want a hungry and aggressive management team working to grow the company. Mistakes will be made and in order to keep the company running smoothly, it is necessary to keep the company at arms length from impatient, greedy and delusional investor/gamblers. Investor/gamblers do not like setbacks such as the court ruling and cannot be allowed to be involved in the day to day operations and decision making if chaos is to be avoided.

For those that cannot stomach the roller coaster ride I suggest the kiddie rides may be more tolerable.
In time I hope PBLS will be able to provide more stability and we will see growing value in the pps. We are not there yet.
We now have the opportunity to place our bets or take the pony ride.