Phoenix Associates Land Syndicate (fka PBLSQ)

[smoke]

IF PBLS now has about 600m o/s and IF this new sub has $190m in revenue then the rev/share will equal $.316 not counting anything from the gravel business.

I don't know of any company pink or listed that you can buy for 5% of their revenue. I thought the first PR had to be a typo, $190m rev purchased by a company with a mkt cap of about $1m sounds silly. However they keep throwing that number out as "audited sales" but I still can't believe it.

However if it is even half true you best hold on to your shares. PBLS (the construction/energy company) should be worth one times revenue whatever that is.

Smoke