Phoenix Associates Land Syndicate (fka PBLSQ)

[SmackDown]

It is my understanding the recent Involuntary Bankruptcy petition filed against Treaty Energy Corporation (TECO) and several other names are trying to connect PBLS and TECO as well as other companies. Some of the legal fraud theories are that this group intentionally got investors into schemes they knew would fail but wanted to sell stock. Basically your damages could be the value of the stock when you bought it minus the amount when you sold it. That would in theory be your actual losses then if Treaty/PBLS et al is found to have done this to multiple parties there could possibly be 3 times that awarded as additional damages based on the legal theory of RICO. What was the price for PBLS stock when you purchased? These are my opinions and understandings from court documents and research that I have done. SmackDown