Replies to post #53756 on Phoenix Associates Land Syndicate (fka PBLSQ)

[PBLS Roars]

Ren...good to hear from you. I'm hanging on here. Not for the faint of heart, but I still believe.

Let's rally back up beyond .01 this week with news of Komex.
GLTA steady longs & Go PBLS.

[monkeyfrog]

Well I asked for your thoughts because originally you replied to me and offered your opinion- I read every little detail and I can see why you may have that opinion but the one thing that stood out and stands out still is the old Will/Rodgers/Ben Franklin or whoever said this " How many legs does a dog have if you call a tail a leg?" 4 Just because you call a tail a leg doesn't make it so-.


Just because PBLS says they didn't sublease the pit doesn't/didn't make it so- at least in the court's eyes and the judge cited plenty of cases . Thank you for your thoughts.

[Shizoku]

You're dead on. Guess we're both evil!

Most people here never been involved in commercial litigation and have no understanding of procedure, details and decision orders...

Commercial litigation is like a roller coaster, you have your highs and your lows, then the ride ends... what matters here is the end which will be the final decision or a settlement.

[Whirligig]

Double news day!

It looks like the sale of Best AeroNet has been in the works for some time and is not associated with the Murphy pit news.
The sale of Best Aeronet at least gives an explanation as to why the Best AeroNet card was not being honored at some FOB locations.

This sudden opinion of the appellate court was a surprise considering the previous ruling that led to the appeal. I am not sure where this currently leaves the Murphy litigation.
Has the pit been operating? Is PBLS locked out of the Pit? I have no doubt that the litigation will continue as a trial by jury is the final deciding factor. The question is "Will PBLS be allowed to operate during the litigation".

Some here are calling PBLS toast and but the most negative posts are coming from those that threw in the towel long ago.
I think calmer heads will prevail and those with cash may pick up some cheap shares in the turmoil.
Hopefully PBLS management is learning some valuable lessons and will concentrate on the positive aspects of the business.
Overblown unsubstantiated pr along with massive dilution cannot continue if the pps is ever to recover. Today's volume once again shows strength and confidence as the pps is only experiencing another bump due to bad news. The real culprit dragging the pps down is still dilution. This can be reversed with positive substantiated pr confirming previously announced acquisitions and contracts.

PBLS will live to see another day!

[VistaViewer]

Renavatio, If they continue to pull material from the pit...

...eventually it will be SO DEEP they will find a new route to Poland.

That will solve, at least, some of their problems.

LOL

VV