Replies to post #48790 on Phoenix Associates Land Syndicate (fka PBLSQ)

[Ereptor]

When 2nd quarter financials come out, regardless if they are what we want to see or not it will add to the transparency. Thus adding to our trust and that preferred deal may look sweeter by the day.

[PUNTANG]

I'm confused on the 500% return math. Does this include dividends? The math on the dividend is equal to 2.4 cents additional over 5 years.

Here's my take:

Example: PBLS is at 2 cents so 100% return would be an additional 2 cents for a total of 4 cents.

If PBLS goes to 6 cents, it's a 200% return.

If PBLS goes to 8 cents, it's a 300% return.

If you include the div, PBLS would be worth 10.4 cents for a whopping 420% return !