Phoenix Associates Land Syndicate (fka PBLSQ)

[sawdin]

Because of lack of transparency, no one knows the salaries that management has been receiving. Likewise, no one knows if, and if so, how many, personal shares have been sold or if any 'sweetheart' deals have occurred. Given the sorry state of the company (e.g., share price, lawsuits, info in PR's that have not turned out as 'expected', etc.), it is not unreasonable for shareholders to speculate on what is happening with the money they invested. Many personal attacks would not have occurred if PBLS had operated in a transparent fashion. I'm not condoning personal attacks, but given the situation it should be expected.