Phoenix Associates Land Syndicate (fka PBLSQ)

[monkeyfrog]

This is what I'm sure a lot of investors and potential investors are looking for. IMO

"According to ProGas audited financial statements, the acquisition when closed, is expected to add in excess of $190,000,000 in annual revenues to Phoenix. While specific information on the acquisition will be made available when the transaction closes, the Company did release that transaction consideration will consist of a combination of cash, restricted and preferred shares. "

http://www.pbls.biz/pr45.htm

Since I would think the company had audited financials for the Rome oil- midsouth resources aquisition- I'm suprised PBLS hasn't released the original terms for that since that was completed in October. So maybe this pro gas closing will be represent a new trend in that direction. Let's hope so!