Replies to post #3002 on Phoenix Associates Land Syndicate (fka PBLSQ)

[tdieh03]

What about the partner that quit?

What was in his contract?
(PBLS doesn't conduct business without a contract as a rule.) I bet he was issued a substantial amout of shares in the sub penny range given he was partner which IF he was currently selling shares now, he could be bringing in a very good profit.

Or perhaps his shares were bought back at the sub penny level. I
don't think so as I believe the company was cash strapped at that time.

Comments?

td

[Mike2112]

No I meant that in pinkieland the "company" (the generic company not PBLS specific) is behind shares being diluted 99% of the time.....sorry for any confusion...