Replies to post #34930 on Phoenix Associates Land Syndicate (fka PBLSQ)

[USA*2014]

The company has said on more than one occasion, calculate off a billion. Company said outstanding would be below 815 million at time of audits. The company has also led many who called that the OS IS ALREADY BELOW 800 MILLION.

I believe the company is as they say, I feel "very soon" we will all be given a wonderful surprise. Reward for sticking it out and trusting the management.

[tt]

You have a point. But I hope PA kept his promise and did not issue any new shares of common stock for aquisions. In my opinon, if PBLS managment knew that issued shares ( not authorized) were 1.65 billion, they will not make an annoucement is September about having 815 million issued common at the time of 10K filing. But as you said, who the hell knows anymore. It is a sorry state that we have to figure out home many share of common a public company has. This information should be public, as long as the company is public.

COVINGTON, LA--(MARKET WIRE)--Jun 20, 2006 -- Phoenix Associates Land Syndicate (Phoenix) (Other OTC:PBLS.PK - News) today announced that it filed a corporation action with the Nevada Secretary of State on June 15, 2006 to increase its authorized shares of common stock from 997 million shares to 1,750 million; and to increase its authorized shares of preferred stock from 3 million to 250 million.
t was explained further that the Company really did not need to increase the authorized common shares at this time, and will continue to repurchase common shares as stated in earlier news releases. The Company made it clear that they could not break the resolution apart and only increase the preferred shares. It was a decision to implement the resolution in full or not at all.

Paul Alonzo, President and CEO of Phoenix Associate, stated, "While I know that some may be concerned about this increase in our authorized shares, in the end it is not the authorized that really matters, but the issued shares, and in this regard, this corporate action has not caused any new shares to be issued." In addition, Mr. Alonzo stated, "The ultimate goal of Phoenix management is to grow our Company's revenues and profitability quickly, to become fully transparent to the public, and thereby maximize share value for our shareholders."

[ethannyc1]

Imirish:

I'm all for objectivity, but with your attempt to "explain a "freudian slip" " you ought to just come out and say you don't believe what PA has pretty plainly stated. If so, i recommend you, or anybody else who feels that way, invest elsewhere. investing in pbls here is largely an issue of a belief in integrity. that being said this is not sljb or the scam du jour. we have verification of pretty much of every company activity. therefore, most investors here have taken the calculated risk of trusting that this pinkie is destined for much more. you seem determined to undermine that trust. clearly i am NOT saying to believe evrything you hear. and CLEARLY that is not what the majority of longs here have done/are doing. i am confident that if you just came out and said "screw PA- don't trust him ...he's a liar," many here would gladly scoop up your shares. i've just had enough of your freudian slip conjecture and endless ranting. if you're not part of the solution, well then......you know what you are. gagged ta sucks. it is also why many here, if he is a man of his word, will see the return that many are expecting. quite simply: risk vs reward. i don't see how you are the way you are. you're existence here is one big contradiction!
my personal best guess of why the gagged ta is now one of 2:
1. pa does things his way, and will benefit the loyal on his terms (a bit obnoxious for a guy running a public co, yes- but also respectable on another level.
which relates to # 2.
2. buying spree. we all know that horse, which has already been beaten.

glyu and all.

i also have some good news for the board. i sold the bulk of my position already at .019. rest assured that money will be flowing back in when i feel technicals are right. that is certainly good news at this point for those that will not be flipping at all. if it gooes back over .02 first...well then..i lost a few shares