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[QUOTE]Originally posted by Murnak: [QB] Katrina Reconstruction Update Tuesday February 7, 10:30 am ET COVINGTON, LA--(MARKET WIRE)--Feb 7, 2006 -- Phoenix Associates Land Syndicate (Other OTC:PBLS.PK - News) Paul Alonzo, President & CEO of Phoenix Associates Land Syndicate, is pleased to finally be in a position to give good news to our shareholders regarding our ongoing efforts to help in the reconstruction of the New Orleans area and Mississippi Gulf Coast. As all of our shareholders know, there was much premature speculation immediately after Katrina, as to how fast rebuilding would begin. If you follow the news, you should be aware that our local, state and federal governments move slowly. Additionally, everyone involved with the government agencies was totally unprepared for a disaster of this magnitude -- the largest in United States' history. Phoenix has been moving forward in preparing for our role in the reconstruction by clearing additional land, and building roads, and enlarging staging facilities at our Pearl River mining site. This was done to make additional product available, which Phoenix anticipated would be required to supply the demand for reconstruction. These new sales are starting to come to us now. Below is a quote from a letter to Phoenix President Paul Alonzo from United Soils, Inc., located in Ray, Michigan. "Dear Paul Alonzo, United Soils is pleased to announce the opening of a new division in the Louisiana and Mississippi areas to help in the reconstruction after the Katrina disaster. United Soils has provided 3-4 million dollars worth of heavy equipment to help in this reconstruction process. We also have an abundance of earth materials at the Phoenix pit near Slidell, Louisiana. These include clay, sand, gravel and topsoil. We also own our fleet of trucks to provide the hauling of these materials to the places hit the hardest by the disaster. For more information on the services we can provide for you please call (586) 752-7008. Sincerely, Ron Omilian United Soils, Inc." [/QB][/QUOTE]
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