InvestorsHub Logo
Followers 11
Posts 1223
Boards Moderated 0
Alias Born 06/20/2006

Re: greenmonster post# 64529

Friday, 02/22/2008 9:35:14 AM

Friday, February 22, 2008 9:35:14 AM

Post# of 79921
I suppose the money from the unpaid fbo bills stayed in PBLS pocket.
I called Best Jets late last year and was told that PBLS used jets, fuel and flight time without compensation to best jets.
PBLS did not pay the electric bill and power was shut off at Best Jets. I was told that PBLS abandoned them after taking accounts receivables.
Yes........ I would also like to know where the money went.
It is interesting that PBLS borrowed money to buy Best Jets and then, did not pay it back the debt, and now Best Jets is now operating and growing under new ownership after repossession.

It never fails to amaze me how many chances PBLS has had to be successful. At every turn they make the wrong decision leaving chaos, debt, angry former partners and shareholders.
This company is making a real and prolonged run at being less than SLJB.
As usual there is no explanation or defensive response from management as more information comes to light.

Just amazing.........

"Show me the money PA"

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.