Replies to post #50424 on Phoenix Associates Land Syndicate (fka PBLSQ)

[WarEagle]

Well, if you really believe that PA and RB are willing to walk away from $120 million dollars all I can say is , "good luck with that."

[sawdin]

That's quite an assumption!

[gunnar08034]

Ren, "That the Preferred 3's will never be exercised and never will pay a dividend to the holders." Why?

Of all the things I know about PBLS, that the PIII's will get exercised and receive divy's is the one I am most confident in.

jmho
gunnar