Phoenix Associates Land Syndicate (fka PBLSQ)

[ifURmethanwhoami]

1) They are buying back 100 million shares = they will have CASH
2) They are paying for this latest aquisition partially w/ CASH

Operative word here...They have and will be getting much more "CASH" to spend. They anticipate having enough to retire 100 million shares by next May/June. Any idea what the price next year will be in 1st qtr.? They might have to buy back 25-30 million at .50 to $1 per share. They obviously think they will be making that kind of extra $$ at that time. I think things are much better at Phoenix than even what some here are saying. Nine more trading days until 11/30/05. By then we learn a whole lot more about this company's financial status.