Replies to post #44990 on Phoenix Associates Land Syndicate (fka PBLSQ)

[Jambamboo]

PNEW

When you were up 100k, why didnt you conver your position once the price started coming back down?

That is what the parties I am involved in with did. They purchase sub-penny before katrina, then when it hit 10 cent they sold, realized their gain and then reloaded back up when the price was coming back down.

Now they are singing all the way to the bank and they increased their position in PBLS 10 fold or more.

I am sorry that you did not take advantage of the PBLS rise and you are now in a down position, but you had every opportunity to do what my fellow investors did and maximize their return during the rise. Which you clearly admit you were part of and had the opportunity.

Well we are all in this together. There are some things working right now and as time goes on PBLS will not fail us.

I agree with you that they have not done exactly what was said but their intent all along has been to become fully reporting and go to a large exchange and I believe that they will come through on this when its all said and done.

I dont think they evey said something that they did not fully believe and if they had to do it over again they probably would have issued the press releases in a different manner.

I wish you the best and we will ALL be happy in the end. The business are there and Paul and Ron know how to make a company successful.

Good luck