Replies to post #51751 on Phoenix Associates Land Syndicate (fka PBLSQ)

[Renavatio]

That's part of my question.

1) What is the complete capital structure of Phoenix?

My second question is more of a summation:

2) When do they anticipate this to happen? "Phoenix Associates Land Syndicate (Phoenix) (Other OTC: PBLS) today announced that the Company, under the guidance of its SEC counsel, James E. Pratt, is in the process of completing its financial disclosure information for filing with Pink Sheets to insure that its shareholders and the investing public are provided with adequate current information. The Company expects to have this package of full financial disclosure information posted on the Pink Sheets website on or before June 15, 2007."

Pink Sheets has recently significantly expanded the information it requires under the category of “Adequate Current Information” from its listed companies. The goal of Pink Sheets is to provide shareholders and the investing public with a clear and complete understanding of the nature and operations of the Company’s business. Including the products, services, assets, properties and facilities it owns and/or utilizes and its prospects for the future. Balance sheets and profit and loss statements are also required."
http://www.pbls.biz/pressrelease_content.asp?prid=107

As of right now they are only 2 months and 2 weeks behind on the 2nd question which is pretty good for Phoenix. I just hope 2 months and 2 weeks doesn't turn into "soon" if you know what I mean. They are 90% of the way there now...10% to go and the yield sign goes away...

Ren

PS Thanks for spearheading this with MC...

[sawdin]

IR Question:

Follow-on to your question:

Are the shares that are being bought back (and those made available via conversion) being retired or held for future use, or have they already been made available either directly to new partners or released to MM's for purchase on the open market?