Replies to post #2252 on Phoenix Associates Land Syndicate (fka PBLSQ)

[zeptepi]

PowerPole......Paul/Ron and the IR have repeatedly stated that they are NOT selling any shares. In fact, in the last two days all three of them have ALL added shares.

Let's put this particular urban legend to rest!

[JAKE17]

POWERPOLW AND MAC44
I WILL DRINK TO THAT ...AMEN BROTHER....LETS ALL MAKE RETIREMENT MONEY ...............JAKE

[pnew122]

power
2 choices. MM or company. We all know the MM scenario. As for the company. I would do it like this. Issue a buyback "after" I have bought what I want on the open market knowing my plans for the next year. Once the buyback (if) kicks in the PPS, I start selling small lots looking to see where it goes. It peaks @ .128, I'm still selling. It now turns. I still sell shares and continue to do so being careful not to "kill" it completely.

Why do I do this? Because I can. I'm non reporting. I know what my target date is to complete the paperwork for filing and by then, I will have disposed of what I want, and will retain the rest.

This doesn't make it true, just what I would do in the same circumstances if I chose to take that route.