Replies to post #41193 on Phoenix Associates Land Syndicate (fka PBLSQ)

[Shizoku]

Exactly... as long as they add value to the company all will be fine in the end....

PBLS, it has to stop acquiring companies by selling shares..... enough of that.... let the company earnings sustain/fuel future growth.... Not us....

[panlprofits]

OH, I am not selling . . .

I just wanted to know. Thanks to a couple of you I have an idea now. A couple of drilling companies and A BANK? I would think the drilling comopanies, if profitable, in this market would make the doubled o/s a forgivable offence.

But a couple of questions:

1) the companies bought with shares were bought with shares at a share price nearly twice where it is now. Those companies may be madder than we are right now.

2) hasn't Paul lost control of his contrlling interest, share-count wise?