Replies to post #35966 on Phoenix Associates Land Syndicate (fka PBLSQ)

[Cutting Corners]

Yep. No "soon" or "very soon"

to deal with. If they don't follow through here, we're talking a blatant lie and possible ramifications....like me losing even more money. LOL

Bob

[sawdin]

FWIW Note that it says "BEGIN the process" not "COMPLETED the process". Based upon the wording they have an additional 12 months to complete the process.

[Whirligig]

5/25/07 is the latest possible date the financials can be released without missing the promised time frame. Since PBLS has not issued any pr changing the proposed date we should expect financials next month.

I believe the preferred share deal was a last ditch effort to pull in weak common shares if the proposed financials are released.
That is of course implying that PBLS is going to keep its promise........

The dark side is that they do not release financials and the stock spirals back to sub penny and those wishing to take even more chances can load up as many shareholders give up.

If the dark side scenario takes place PBLS management will loose all credibility with all shareholders. This includes companies and managers they acquired that took shares as payment.

I believe PBLS management has taken care to assure acquisitions that they are on firm ground and wants to maintain credibility. This may be the redeeming grace for shareholders that bought on the open market.

May 25 is going to be an interesting day.

[Cutting Corners]

Just got an email reply from Mulshine.

He says that clause was dropped a long time ago. Funny no one heard about it.