Phoenix Associates Land Syndicate (fka PBLSQ)

[Whirligig]

Sorry to throw cold water on the party, but the Blackburn agreement was to pay back 1.3 million dollars, over a period of I believe at least three years.
This means the case remains open until the balance is repaid or Ronnie Boy once again defaults on his promise. Ron has never paid anybody back and the only way he can get such a large amount of cash is to rob a bank or run another scam.
I expect the process will not take long as he is just blowing smoke and looking to extend the inevitable.
When he misses his first payment he will be in default and the PBLS shell may again be eligible for a reverse merger.
Then again there is still the matter of the Mississippi bank case to be concluded.......

Don't look for a quick resolution and welcome to the club of disappointed PBLS bag holders.