Phoenix Associates Land Syndicate (fka PBLSQ)

[EDDIEHAZEL]

ok so it is not a clean shell without liabilities.. Thank you for clarifying that..

tell me please what shareholder advocate gets if they get the shell..

1- do they inherit the liabilities?
2- if not, how does that possibly happen.. I have proof of a chinese otc-bb company buying a BB shell AND inheriting a subsequent (filed after the chinese company took over) lawsuit filed agianst the "previous" company, and losing the lawsuit.
this is a nice link...

http://www.publicfinancial.com/articles/reverse-mergers.html

Xylan, is there any mention of the series III preferred shares or monies owed to the preferred shareholders in any bk filing?

therefor,

it is still the same company that it was a week ago, the only difference is that an entity by the name of shareholder advocates has sued in clark county to take over the shell, which includes all their assets and liabilities, is that correct???

That being asked, I only talk for myself, but others may agree.

I for one belive i was scammed, and although i would like to have my shares worth something, I detest, protest and will not invest, if i believe that the gains in the stock are from another scam. It is one thing to get back some of the losses, it is quite another thing to gain from having others fall for another scam...

The people on this board have become alot more aware of the pitfalls in pink sheet stocks, and thanks to xylan, have become very informed as to the goings on in this matter.

fool us once , shame on you, fool us twice...