Replies to post #46236 on Phoenix Associates Land Syndicate (fka PBLSQ)

[Renavatio]

In Conclusion...

If they are telling the truth in the PR, this is our "reasons why" explanation promised by Ron. Here's why we had to gag the TA...here's why we had to do the Preferred 3...here's why though we said we're out of the mining biz soon we're going after a larger pit in MS, a concrete crushing operation etc etc.

Read between the lines. IF they are telling the truth, this was actually very good news for PBLS. There's a new family/sheriff in town who is telling PA and RB who, what and where to buy. I wonder what the plan is with all the mining related companies after the new sheriff has bought their 1B shares...hmmmm....I wonder.

The gamble, as always, is any of this pinky PR stuff TRUTH. I'm taking the gamble for a little while longer now MOSTLY because of this PR. It took them guts to take this to the open market and yes, the late Friday release is b/c of the A/S increase...

Have a great weekend. Look's like I'm "bag holding" this now for another 6 months...

Ren

[sawdin]

I really don't know why PBLS would want to sell into the market at such a low share price. Even if they were strapped for cash, I'm sure they could come up with an equivalent amount via other means. If I was them and wanted to sell into the market, I'd wait and do it when the pps was much, much higher!

[Cutting Corners]

True, if you believe PR's word for word.

Reading PR's is not doing DD. Crunching numbers, which we don't have, is doing DD.

The bad news is, if they don't ungag the TA, they're not done raising the AS yet...right?

Bob