Replies to post #40736 on Phoenix Associates Land Syndicate (fka PBLSQ)

[stickfigurefred]

Take a screenshot and post pic of spread Ren.

Fred

[tedwitt]

Nice,

Well almost Friday. Time to find out if we are standing the deck of the Hornet or the Akagi.


http://en.wikipedia.org/wiki/Image:Sinking_of_japanese_cruiser_Mikuma_6_june_1942.jpg

[pnew122]

Renavatio
I'd be happy to drop your spreadsheet on my server for all to see. Juts send it e-mail. By the way, very nice explanation and detail, and thanks for spending a considerable amount of time to the benefit o shareholders.

[e-mail] <[e-mail]>

Bigfoot-I contacted MM about the date issue.

Again-Have no problem with share structure whatever it is, only that if it much different than PR's suggests, I hope they explain why. The most important thing to me for along time now is for the company to report on a regular basis, which they now will do. THAT will be one the best tools to use on the PPS. Of course we have all suspected MM's manipulating the stock, but we can't know what traders are doing. One thing for sure, we have some outstanding vol of late.

Though no one spent much time on the subject, I think the fact we didn't touch 20 again yesterday speaks volumes. Had the numbers been bad or even questionable, it would have been the perfect chance to take it down big time.

I also would like post 40697 removed. Though my intent was good, I don't want someone thinking something is wrong. My point was if there is a significant change in the PR number of shares reported, I hope the company explains why. It was late.

Paul

[LowFloatGoat]

Thanks Ren, much appreciated. I'm not overly concerned about the working capital deficit. I think that with the pit(s) ramping up we should see large growth in cash inflows.

I would venture a guess that PBLS has stronger financials than 99% of pink sheet stocks. Once we get the share count the share price should start to reflect that.

The one question mark is, as you pointed out, current liabilities. I'm wondering if maybe the new pit equipment and other investment was financed with borrowing that has a maturity of less than 12 months? If so, that might indicate that mgmt is expecting large cash inflows in the next 12 months.