$We_Beat_Wallstreet

[blizzol]

Keep an eye on warrant play PXIAW as the month is almost over-

Phoenix India Acquisition Corp. (OTC Bulletin Board: PXIA, PXIAU, PXIAW) (" Phoenix ") today announced that it has entered in an exclusive non-binding letter of intent with Source Global LLC , a Delaware limited liability company formed specifically to complete proposed acquisitions from principally two sellers of companies based in India and the U.S. (collectively "the Companies"), subject to the terms and conditions of a definitive purchase agreement to be entered into by the parties (the "Definitive Agreement") on or before October 31, 2007 ....