Replies to post #73455 on Phoenix Associates Land Syndicate (fka PBLSQ)

[PBLS Roars]

Thanks but no thanks concerning the preferred shares. In regard to the question of declaring the PBLS shares "worthless" I guess this link specifies the criteria:

http://www.thestreet.com/story/10209917/1/cashing-in-on-worthless-shares.html

Is Peebles in chapter 11 at this point?