Phoenix Associates Land Syndicate (fka PBLSQ)

[momentumtrader]

Now that the stock is effectively dead.
Its about time we write a letter to the SEC to investigate.
The SEC only needs a few complaints to get them to start looking into a problem. They wait for enough complaints to come in before bothering taking action. The company banks on the average shareholder is to apathetic to do anything, and will just take their lumps and move on. Every shareholder I have met through these boards and other have been good people who heavily bet on this stock and did not deserve to get defrauded in this way. I have heard people who mortgaged their houses. I even remember Ron telling me to do such. Let me tell you a story about Ron Blackburn. My phone record will verify this as well as my trading records. I had called the company one day and asked to speak to mike Riley. I was told by one of the receptionists that he no longer worked their. Upon hearing this I saw this as a bad sign and sold a fair amount of shares. I called Ron Blackburn to ask why, he told me it was bull---. He asked me where I heard this. I told him from the receptionist. He then got off the phone and had the receptionist call me back and apologize for giving me bad information. I asked her how she possibly could give me such an answer if it were not true, she had no answer. I then called Ron Blackburn and told him based on the information I sold a lot of shares. He told me how sorry I was going to be for selling and that I should buy back the shares immediately for they had a lot of very good things going on. I did buy the shares back. That afternoon after the close they announced the decision that they lost the pit. He had me buying right into a press release that he new would plummet the stock. This is Ron Blackburn. I have been speaking to Ron Blackburn on a weekly basis and got to know him very well. This is what he thought of me and our relationship.
Please people stand up for yourselves. You will feel better that you did.
http://www.sec.gov/complaint.shtml