Phoenix Associates Land Syndicate (fka PBLSQ)

[PowerPole]

W3Research...On your your first post to our Board...

I'd like to say...



To the Board!

Your question: What are the "Odds that the ProGas Deal will close?"

As it states in the following PR: That Phoenix Associates Land Syndicate "announced today that it has signed a binding letter of intent"

That's good enough for me to guess that the chances that this deal IS completed by 11/30/05 are 100%...Of course this is JMHO, because I believe that this Company does what it says it will do...I guess we'll know for SURE about this deal within the next ten days...

http://biz.yahoo.com/bw/051115/20051115005469.html?.v=1

Phoenix Associates Land Syndicate Enters Into Binding Letter of Intent to Acquire ProGas, Inc. Completed Acquisition will Add $190 Million in Revenues for FY 2005
Tuesday November 15, 7:30 am ET


COVINGTON, La.--(BUSINESS WIRE)--Nov. 15, 2005--Phoenix Associates Land Syndicate (Pink Sheets: PBLS - News) announced today that it has signed a binding letter of intent to purchase Covington, Louisiana based ProGas, Inc. The deal, which is expected to close on or before November 30, 2005, will add significant production and distribution capacity to Phoenix's energy business, as well as a mature and growing business portfolio complimentary to the company's existing Oil & Gas operations.

Please DD this Company, and I think you will be pleasantly surprised at it's potential...If you have any other questions, don't hesitate to ask...There are many good posters on this Board that will be willing to help you out...