Replies to post #37547 on Phoenix Associates Land Syndicate (fka PBLSQ)

[sawdin]

I don't think they EXPECTED to have 62.5 million converted. I believe that was the LIMIT they felt comfortable with.

[Renavatio]

42M is smaller than I want, but every little bit helps. What will really help seeing that 42M jump to 100M-300M is one of those who own the 42M receiving the promised 6% dividend and letting the community know that PBLS is keeping their word on this one.

IMO

[Imirish]

CC

I understand that... my point is the 62.5 target number of the 250 million preferred available... that was the boggie so to speak... that would have or still could bring the outstanding down that approx 375 common... there is a reason for such an odd number like 62.5 why not 75 or 100 preferred, seems a bit odd to me.... just like the 800 million example used in a release a couple of months ago.... 800 mm + stated goal of 815 mm would have put outstanding at 1.6+ billion... just a freudian slip or something like that... who knows but something to consider...

in my opinion..

Imirish...

[Imirish]

castle

that means with only 42.3 million common, as to the release , then only 253 million preferred were taken off the table also... could this be...?

Imirish...

[Sideem]

Never mind.