Replies to post #55129 on Phoenix Associates Land Syndicate (fka PBLSQ)

[Renavatio]

Even if they raise the AS to 3.5B, how low could it go Cutting....003/.004? That's why I am waiting.

The one big confusing thing...if they are trying to hammer the pps to help convince longs to convert to preferred, why extend/up the offer and then be late on the divy's? Maybe they didn't anticipate a cash crunch. If so, they need a new CFO/head accountant. Even I could see the growing liquidity issues from the vague numbers given us.

Big news for me now would be Alonzo stepping aside, a new CFO, and some head way on fulfilling KOMEX.