Replies to post #56666 on Phoenix Associates Land Syndicate (fka PBLSQ)

[Renavatio]

Aggravating but not necessarily illegal I don't believe...

http://www.pbls.biz/pressrelease_content.asp?prid=82
"Finally, with all said and all major acquisitions completed, Phoenix will increase its activities to become fully reporting. Phoenix expects that when it files that Form-10 the total issued and outstanding shares of its common stock will not exceed 815 million shares of which approximately 40% will be restricted."

Clever use of verbage in a forward-looking statement that really promises nothing concrete at all.

Also, nothing in the preferred conversion PR's that say they plan on retiring the common shares.

[Whirligig]

Chilar,

Do you have any verification that shares submitted for the .06 deal were resold on the market?