Replies to post #61166 on Phoenix Associates Land Syndicate (fka PBLSQ)

[pnew122]

Cutting Corners & Green

I know. I've just seen so many companies get away with so much, and nothing happens. I'd hope by now if the company had done anything wrong other than the pit case and such, we would know it. That's one positive I guess.

[quiet]

56million traded. I think now (looks at watch) would be a good time for them to come out and let us know that all this turmoil doesn't really exist and the OS is really only 400mil and the shorts are dead. 8)

[tt]

"want Paul and company in jail or a mental ward" - mental ward, may be, jail, I am not so sure. No one goes to jail in pinkland. Either way, it does not help anybody (call me insane), who might still have some hope to get some of their investment money back.

I am still trying to focus on some of the postive things left.

-PA and company are on the record paying for the first buyback.

-Does not look like they are ready to file bankrupsy yet ( that would be the end of all discussion)

-Trading volume so far indicates that public float might not be as hight ( a pinky with 2.5 billion for .002 could easily see few hundred million shares traded in a day)

- I would like to wait and see if they keep their promise of paying divident withing next 60 days

There is very little hope but at 90% down, I think we can only hope, once again, PA and gang will learn from their mistakes.