Replies to post #55365 on Phoenix Associates Land Syndicate (fka PBLSQ)

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On top of that they are still offering to convert it for .08. Go figure.

MADISONVILLE, LA--(MARKET WIRE)--Aug 9, 2007 -- Phoenix Associates Land Syndicate (Phoenix) (Other OTC:PBLS.PK - News) announced that effective today the Company is terminating the "Voting Preferred Stock Participation Program" that provided for conversion to voting preferred stock based on the common stock being valued at $0.06 per share, and effective tomorrow, August 10, 2007, all common stock received by the Company for conversion will be valued at $0.08 per share. The deadline for conversion under this program is extended to November 30, 2007, from the prior deadline of October 31, 2007.