I am a ex exec of a subsidiary of PBLS. I was wandering how PBLS was doing when I found this website and saw all of the problems and emotions. I am not invested in PBLS and am not pro or con anybody being invested. Everybody has to decide for themselves. I hate for anybody to lose money, but most importantly I hate for the hard working employees who depend on a paycheck to lose their job.
If any of you have invested in this stock more than you can afford to lose then I hope you do lose. This is penny land. You are shooting craps here. The money you invest in these type of stocks should not be more than you can afford to lose and then you should diversify that into 12 to 14 high risk stocks hoping that 2 maybe 3 or 4 hit. That said, I will now try to finish why I have started to write you.
First, set your emotions aside. Look at the information that has been given you. Start with the last PR. What did PA tell you. God is not going to help him, this is business. He sounds a bit disparate. Why? Look at the last financials. What changed? Cash! $9.2 Mil at the end of 2006 and less than $1/2 Mil at the end of the 3rd qtr 2007. Why? I am not sure. But I do know that it costs a lot of money to fly and maintain jets and PBLS had just gotten into the aviation business at the end of 2006.
There are a lot of other things that could have caused (added to) the problems PBLS is having.
I could be totally wrong. I am not there any more. And I am going to shut up now.
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