Phoenix Associates Land Syndicate (fka PBLSQ)

[monkeyfrog]

First of all- the pr is once again lacking any specifics- and I've noticed most longs [ for which I am one] prefer to make their own assumptions as to the terms of the latest aquisitions. This is a lease- an opportunity to drill for oil/gas-- It used to cost a million dollars a mile in the 70's to drill wildcat wells in the panhandle of Texas. I guess I would rather know how much cash PBLS payed for the lease [ I mean is that too much to ask?] and who owns the mineral rights and in what percentage.

On a happier note- I'm sure the stock will run here soon- but even the most optimistic long has to see that there is plenty of stock for sale at these levels- and since the Transfer agent is still gagged- It begs the question - who's selling?