Phoenix Associates Land Syndicate (fka PBLSQ)

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< Yeah institutions that own a pink sheet stocks...lol >

Mike, healthy to laugh, but not at the above statement. Contrary to what many people think, I am absolutely CERTAIN that institution have and do own stocks listed on the pink sheets.
PBLS, certainly would not be a candidate for them to purchase at this time.
Fidelity, for example, bought MILLIONS of shares of HLSH when HLSH was trading on the pinks. Many other institutions did likewise. I could dig up a link if necessary, but I assure you that my information is accurate. This is not a common occurence, but it has happened, and can and does happen.
The idea that NO institutions can own a stock priced under $5 is also a myth.