Replies to post #49236 on Phoenix Associates Land Syndicate (fka PBLSQ)

[Cutting Corners]

If they want cheaper shares,

now's as good a time as any...I hope.

Bob

[gnulnx]

Ren great post.

PBLS is gonna go bang. Implode or explode.

I told my wife the other day to consider PBLS gone money. I said we will either be very rich from it or the money will be gone. So essentailly we are considering this money as a loss.

Personally I don't think it's a loss. Unless the SEC steps in PBLS will continue to move in cycles.

I'm giving a lot of thought to sending in 1/6 of my shares for the preffered deal.

[sawdin]

First frustration is lack of transparency. I think we do know the 'big picture' and they have been consistent in that regard: buy, buy and buy some more. As such, the picture is a work in progress and it is being drawn, partially erased, re-drawn, etc.. Most posters appear to be concerned more with the level below the 'big picture'; verifiable information regarding announced deals and transparency regarding financials, share count, etc.

Sure, it would be nice to know if they are going to focus on oil/gas, mining, aviation, banking, etc. Honestly, I don't think they know where the focus will be. But it is obvious that they are constantly looking for deals that offer the potential for greater returns than those of prior deals (e.g., pools, oil exploration, Pro-Gas, MS pit, etc.) We all know that PBLS is not a company that makes widgets and their goal is to be the best widget maker possible. PBLS is a company that wheels-and-deals and as such it is not for the squeamish. Even with full transparency, investing in PBLS is not like investing in a company in which you check your portfolio every quarter!

[pnew122]

Ren

Again, maybe just to allow them to acquire cheaper on the open market. However, if that's what they wanted to do, why not just sell them all the shares in a Private Placement...unless part of what Prumoto and Company have to agree to is to buy on the open market if PBLS allows them so manner of control.

Again, that's my point. When they buy @ the bid, there is no increase in PPS. Seems deliberate that they crush the price here so the remaining hard heads sell out to the preferred. Keeping asking youself why do they want your shares so bad they went from .06 to .08 AND extended the date. It sin't just to retire them?