Replies to post #50443 on Phoenix Associates Land Syndicate (fka PBLSQ)

[gunnar08034]

ren, If PA, CA and RB take $120M and let go of their PIII's then they were exercised IMO. Your right that it may be the price tag, but the PIII's are also the vehicle. In the meantime, I'll bet they take divy's.

BTW - whether or not they take divys will be something that we DO KNOW if PBLS becomes Current with PS.

IMO
GLTY
gunnar