Replies to post #79851 on Phoenix Associates Land Syndicate (fka PBLSQ)

[tdbowieknife]

That can't happen... They could reduce the A/S if they could buy the shares back, but a R/S is out of the question. FINRA would not allow such a corporate action for this stock. They are aware of the fraud as is the SEC. PBLSQ also does not have a Market Maker sponsoring them and the reason they are on the Grey Market. This stock cannot move from the Grey Market until they do have a MM willing to sponsor them and file a Form 211 on thier Behalf. That will never happen has it is not worth the trouble to try. PBLSQ is not a SEC registrant and has a question of fraud, no Market Marker will touch it. It will languish on the Grey Market till it is finally deleted by FINRA.


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Buyer Beware
Blackburn Scam


Grey Market


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[chilar4567]

sawdin, plenty of clean shells out there. pbls has the stench of a Louisiana swamp all over it.