Phoenix Associates Land Syndicate (fka PBLSQ)

[momentumtrader]

I spoke to Ron Blackburn last Thursday or Friday. He was in Texas at the time, and was working on a contract to service jet engines. He only had a few minutes, but he told me the company would be getting out a press release soon updating shareholders on everything that's going on. He told me that the company is in the process of streamlining their operations.
I spoke to John Hayden today and he told me the same thing about streamlining the operation. He also told me that he was working with two different financial outfits about restructuring some debt. He as well told me the company is going to put out a press release updating people with the direction going forward.
If I hear more, I will post.
Also I e-mailed Mike Riley last night a very lengthy letter, telling him about my concerns I had and to please call me.
I have not heard back from him yet. I also asked if he is still employed or working with the company.