Phoenix Associates Land Syndicate (fka PBLSQ)

[Xylan]

Looks as if after reading the Q3 financials that we have gone from a $50,000,000 per quarter rev. company to a $14,000,000 rev. per quarter.. Its very clear that PA and RB vision of being a billion dollar revenue company is LONG gone... We will be lucky to hit $60,000,000 per year in revenue, being the optimistic optimist, lets assume 15% profit before taxes/SG&A ETC. gives us a potential profit of $9,000,000 before all this.. Even taking the whole $9 mil. with the 2.5 billion O/S is only .0036 a share profit (yes I understand profit and and pinky is a very unusual combination and im happy about it)... I guess with a 15 P/E we can be a .054 PPS stock??? Is my math all wrong here?

Xylan