Phoenix Associates Land Syndicate (fka PBLSQ)

[kelly leak]

Grizzy..think of it this way..

You have just bought a company and part of the payment structure was for 10 million restricted shares at a price of .05..a total of $500,000.

Now the market through it's infinate wisdom, and yes I'm being sarcastic, gives you an immediate opportunity to replace those 10 million shares at not a cost of $500,000 but more like $150,000. What would you do..the cash is available to do the buying of the shares..would you not lower the cost of the acquisiton by around $350,000?

Logic alone dicates the company has been a big buyer the last couple of days, IMO. Kelly