Phoenix Associates Land Syndicate (fka PBLSQ)

[PowerPole]

Man, I hate it when they lie to us all like that...

"Companies with securities quoted on the OTCBB are subject to periodic reporting of financial information to the SEC. Issuers who file with the SEC via EDGAR are not required to submit hard copy filings with the OTCBB or the NASDAQ.Unlike all other exchanges, stocks trading on the OTC Bulletin Board cannot be shorted."

Just look at this Sho List:
http://www.nasdaqtrader.com/aspx/regsho.aspx
Any stock on this list with a capitol or a small 'U' are on the OTC.BB Exchange or are Pinks...If you click on "File Layout and Field Definitions", it will explain what the letters mean in the column named "Market Category"...

I count nearly 100 stocks on the Sho List that are Pinkies, or BB Stocks, and it appeared that way more than 60% of the stocks on this list were OTC...

After thinking about this a lot late last night, I have decided that I would rather see PBLS move directly to the AMEX, hopefully without doing a Reverse Split, and keep the pps way under 5.00 so that it cannot shorted as easily...Moving to the OTC.BB would be a mistake IMO, as the MM's would just as easily play with the pps there, as they do here on the Pink Sheets...JMO

And like I really have ANYTHING to do with which exchange PBLS should go to...LOL