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lakedweller2

06/20/07 9:25 PM

#42657 RE: momentumtrader #42655

Uh oh...

LowFloatGoat

06/20/07 9:26 PM

#42658 RE: momentumtrader #42655

Thanks for your time and effort. I don't like the line about the info being good enough for pink sheets so it should be good enough for shareholders. They threw us a couple curve balls. What do they expect?

momentumtrader

06/20/07 9:31 PM

#42659 RE: momentumtrader #42655

He never even has the courtesy to call me.
He then carbon copies it to MIKE Mulshine, Ron Blackburn, Carolyn and Paul Alonzo, Anthea Ellis?, amd PKnight.

Isn't this wonderful. You just want a little clarity on the current disclosure and you get this response. Mike Mulshine does not know the answers to any of my questions I presented in the letter. He was in the dark and concerned as I was. He told me Monday he was going to try to get more information. I have asked him to call me if he gets any. I have not spoken with him since and his phone has been on immediate answering machine when you call. They don't even keep Mike informed with all their shenanigans. Everything has been a complete surprise to him. That is if he is being honest with me. I won't go into specifics but he was very worried and disconcerted when he read the filing.

This dog is not going to lie down. We as shareholders deserve to have answers.

lakedweller2

06/20/07 9:34 PM

#42660 RE: momentumtrader #42655

Kinda just makes you slowly reach for your hat, slowly creep toward the door and run across the parking lot and race into the sunset...while saying no no no...I am not loved, not wanted. lol

Cutting Corners

06/20/07 9:49 PM

#42669 RE: momentumtrader #42655

That means, get lost! PBLS tried to get away with giving Pink Sheets as little information as possible. I think the boys down at Pink Sheets said, "Homey don't play that game." We're going to get a bunch of info. that the company didn't want to give out. This could be a big Uh Oh. Are we below a penny yet? Stay tuned.

Bob

phred65

06/21/07 12:20 AM

#42686 RE: momentumtrader #42655

I just registered for IH after reading the post regarding Dennis Kowalski's response to momentumtrader. I am a long-term shareholder (pre-Katrina)with a significant position. Dennis Kowalski's post says a lot to me about the individual and the company.

It appears that Mr. Kowalski is having difficulty understanding why shareholders have more than a few questions after release of the Pink Sheet 'package.' It is also apparent that Mr. Kowalski has no clue as to how to communicate with shareholders. Mr. Kowalski clearly does not have experience with a publicly traded company.

Mr. Kowalski's response to momentumtrader is an embarrassment to the company and an insult to shareholders. If Mr. Kowalski is really the overseer of operations and responsible for accounting, then I am deeply worried. More troubling is the sense that the Alonzos and Mr. Blackburn were 'ok' with the 'package' and that they did not anticipate the flood of questions raised by the package.

If the package was prepared under Mr. Kowalski's guidance, and if Carolyn Alonzo signed off on it, then they should both be fired. If Paul Alonzo and Ron Blackburn signed off on it (and they almost certainly did), then their competence should also be questioned.

The acquisitions may be great and PBLS may have a bright future. I'll be as excited as any shareholder when they share the all the supposedly great news that's in the pipeline. However, I'm more interested in prompt resolution of some basic questions. They can start with share structure (ahem, class III and 1.75B outstanding), performance of on-going operations, and status of the audit process. There is absolutely no excuse for such poor communication and for further delays in providing this information.

Phoenix should show us that they can competently manage what they have already acquired.



Imirish

06/21/07 8:03 AM

#42713 RE: momentumtrader #42655

momentuntrader

lol,lol,lol.....

and your buying into this?

simple answer to their delemma... do the right thing ungag the T/A , file a audited financial and come clean on all deals ...

then they wouldn't be bombarded as they say...

what a joke these guys are becoming...

do the right thing pa ... what is the problem with that...

plain and simple and in my opinion...

Imirish... unbelievable

Renavatio

06/21/07 12:47 PM

#42837 RE: momentumtrader #42655

Okay, I've been thinking about this and here are my two cents...

1) It's aggrevating that he put you off

2) It's probably a good thing is they stop answering shareholder's questions as they have a business to run and any time these boys open their mouth I become afraid of them doing something that will make them liable to the SEC plus it's SUPPOSED to be IR's job.

3) What we're all really mad about isn't just the lack of information we get from the company. It's two-fold. The would-be projections, dates and collective "soon's." But mostly, the fact that while shareholders can be annoying, a public company SHOULD NEVER TREAT THEM LIKE THE ENEMY. Business requires tactfulness, and dealing with shareholders on any level is just like sales. You put your game face on and you "smooze." Until PBLS learns to do that we will keep experiencing "PR bombs."

Ren
MOSO