Replies to post #33756 on Phoenix Associates Land Syndicate (fka PBLSQ)

[Cutting Corners]

Or, what if you send in your cert and are too late? I assume they send back the cert as opposed to cashing it in.

Bob

[RJunior]

That's what I'm thinking, if they are willing to open up a preferred program, how far out are they from actually filing their 10-k? Once this company is transparent, they are likely to trade well over $.06. I think phoenix is trying to cash in on a good deal while they can, while also giving a nice offer to their current stockholders.

That being said, I personally am holding on to my 1m shares. I think the price will hit 2-3 times that $.06 number by the middle of this year. I'd rather not trade in for $16,000.00 in dividends only to pass up $60-$120,000.00 in profits when this stock hits $.12-$.18.

Provided, this is only speculation that the stock will actually make it to these prices. But Phoneix seems to be confident in themselves, so why shouldn't we have confidence in them. Plus, with the small capital investment I have in this company, even $.10 would provide a substantial profit for me.