Phoenix Associates Land Syndicate (fka PBLSQ)

[blitz1856]

PBLS Strategy.... Is it possible that all the buying and selling of businesses seemingly without much follow through or logic is part of a dilution strategy? For instance, I wonder if PBLS issues shares to buy a business at a little above market prices and then releases a PR to get the volume spike so the old owners can sell their shares for cash, and then later after people have forgotten about the big new business PBLS sells it for cash at market or below market. The goal of this would be a cover story for the dilution. That way when the O/S increases they can say "We issued shares to buy xxxx as this will increase shareholder equity, etc...." as opposed to simply dumping shares on the market and sending the stock to triple zeros in a hurry. I have no basis for this, but it makes me wonder. I made decent $ last time I bought this for $.006 and I'm thinking about it again, but it would certainly make me feel better if the company is legit.