Replies to post #61253 on Phoenix Associates Land Syndicate (fka PBLSQ)

[momentumtrader]

The company put out in public press releases that when they became fully reporting they would be 815 million shares or less outstanding. When they finally reported they were at 1.8 million. Can anyone tell me where all this money went.
I know 275 million shares went to them as some kind of bonus I guess when they retired all their common shares to their preferred three class. That's a $5.5 million bonus. Usually management takes bonuses when they have done a good job in making shareholders a good profit in the stock. How successful have they been? What about the other 700 million shares. Where is all that money. Also after they became fully reporting they deluded another 600 million shares. Where is all that money. Could someone answer this? I know management won't. I have asked Ron numerous times where all the shares were going. He would never give me a straight answer. If you take an average of two cents. This is $26 million dollars not including their 5.5 million bonus. I heard that Paul Alonzo bought a lot a real state for different family members. Ron confirmed this to me over the phone, after hearing it from a number shareholders. His answer was Paul Alonzo spends his money how he likes. I even had it confirmed again today. Does anyone know that Ron Blackburn drives a Bentley. When I called Best Jets last week they told me that the company has thrown extremely lavish parties down in New Orleans which I assume were at our expense. All of these things I hear are highly disturbing. I have spoken to management in practically every division of this company. What a nightmare.
Can anyone tell me with clarity what they still own.

[Xylan]

momentum, I really feel for you if you have the losses you describe, thats really sucks, and it makes me understand this deep seeded anger... but what is worse is that you may have gotten friends and co workers in this also??? that IMO is worse then the financial loss, those are friends who may never be there again potentially.

Do these friends who are still in PBLS read this board and know you are posting what you are posting??? Guess if they do they are past friends and it doesn't matter....

I really really hope you find a winner stock to make up your losses, hey maybe that stock is right in front of you and like .002, who knows... Im still thinking we can achieve a penny before spring, but im a dork so don't that that for anything...

good luck,

Xylan