Replies to post #20431 on Phoenix Associates Land Syndicate (fka PBLSQ)

[Whirligig]

I think it is safe to assume that Best Jets has financial problems. Their last pr was an announcement of $250,000 in economic development funds allocated for expansion and Best Jets would provide 1.7 million. Who do you think is supplying the 1.7 million? If not, WHY would they sell out to a holding company. They most likely have revenue but lack profits. An alliance with Pebbles provides money for expansion.
I expect the work of turning the company profitable is just beginning.
Not a bad deal if this is the scenario.