Replies to post #50035 on Phoenix Associates Land Syndicate (fka PBLSQ)

[Renavatio]

I know you are being realistic.

The only thing that bothers me is that so many other pinks provide so much less information that PBLS and yet they trade at a multiple. Heck most of us own a few. But everyone wants to treat PBLS like it's already on a big exchange and not living up to the standards of a big exchange. For a pink sheet stock, PBLS has provided a ton of "evidence" that they are legit and making money.

But we shareholders keep going, "It's nice that you gave us x, but what about y? Oh, thanks for y, but what about z?" I am prone to doing it too. Then I stop and say, wait a minute...inspite of the increase in the O/S, there has been huge growth demonstrated by this little pink. And they sold shares to produce that growth. I mean, we could still be sitting here making $500k a year in profits with an O/S of 300M. So now the O/S is 2B and we're potentially making $10M+ profits a year. So O/S up 7x but profits up 20x. I'm okay with that. And Preferred Stock is just a debt instrument every company uses. Financing anything at 6% right now is awesome. Best I can do, depending on the type of commercial loan is LIBOR + 2% or Prime to Prime + 2%. And hard money/private money is still between 12-15%

I guess I just wanted to say that yes, PBLS does things that are annoying/aggrevating/their own worst enemy. But I also want to say that the way we treat them based upon our expectations is unrealistic and unfair most of the time.

This is still a pink sheet stock. We all bought a pink sheet stock. We all hope that someday it is treated like a big board stock. PBLS might experience that. PBLS might not. That's the risk we assumed when we bought, but from a growth stand point, these boys are doing just fine IMO even without the $6.6B contract.

[Mastercraft6]

Sandwin... Just got on Ihub to see what people are saying.

I liked your post, a lot.

I've posted before 7-8 items I think could make a world
of difference in this stock, but feeling good about Mgt.
is number one.

I think changing the CFO and a policy I fear may be in place in how they may sell some of their shares would make all the differrence in the world. Well at least the biggest difference.

If a new CFO was to come in, policy changed/stopped, trust would come back and away we go. I really think it's that simple. Throw in a new CEO, and we explode.

If not, we have to wait for something magic to happen, like the $6.6B contract to come into play, Hedge Funds, or something... In the meantime, I like seeing the volume low, it sends an investor to management, saying we won't give you any more money until we see more from you.

Mc