Replies to post #49465 on Phoenix Associates Land Syndicate (fka PBLSQ)

[Xylan]

Ren... very disappointing, but surely not unexpected, im sure this will being going on for weeks to come... But PA is doing this for us shareholders right????

PS. We are all getting together our torches and pitch forks, where do you live ; > ) ....

Xylan

[Realperson]

To me
In the Pinks
the AS and the OS is the same thing
The difference in the AS and the OS is the amount of shares the company has in its own Scott like account

I think most of us assumed they would be sold into the market as the new big brother buys um up. Big brother is "suppoosed" to acquire more than PA has in his Aeritu scott TD water account.
The large buys followed by a decrease in the ask says it all.
Then with no news and out of the blue we get volume, huge buys and up it goes

I believe pbls will not sell into a lower pps and big brother wont buy into upper 2's. till the the end when PA is out
We just need to watch that the AS remains the same

What will be fun to watch is what happens when they are both done and out of bulletts

[Whirligig]

Don't shoot the messenger.......

With the authorized share count at 2.5 billion and the issued share count now at 2,026,527,511 PBLS seems to have the belief that they have an open account with a 2.5 billion limit.
I don't think it will take long to reach that limit.
This is the same thinking some have that as you have unwritten checks in the check book you have money.
The difference is that the bank will cut off funds in a check book and there apparently is no one to tell PBLS there is a limit to printing stock.

Unless owners of stock due to acquisitions have reassurances form PBLS, I would think they would be just as irritated as us.

It looks like PBLS is going to use the remainder of the Authorized but unissued shares to control the pps as the new venture partner scoops up shares at this price.

We are obviously at the bottom of the pecking order as we scamper about looking for scraps and avoid PBLS heavy boot.

I am still stupid or stubborn enough to think that we may one day see profit as this plays out.

I really am looking forward to the May shareholder meeting as required in the recently published bylaws.

Will it be pitchfork or champagne in hand?