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[QUOTE]Originally posted by will: [QB] I truncated the following quote from Oil Dog. Seems like it was ignored and discounted. I also read on another site : "Guys forget about share structure for now. I am just as interested as everyone else is, but just use the authorized shares for now which is still 997,000,000." I only mention this for the new people that might be influenced by the "longs" and "believers" that would give such advice as to not to worry about shares structure, and that would ignore the fact that a T/A was not relasing information regarding share structure. Perhaps this sin't a BIG RED FLAG in their minds, perhaps gagging the T/A is a positve sign. I don't own this stock, and certainly am not bashing it, only trying enlighten new people and let them see there might be an alternative view of the situation. If I were a stockholder of PBLS, I would totally agree with OIL DOG. His postion is a sober sane one, he has witnessed the pink promises, and the pink failures to deliver those promisies. Also, if I were a stock holder in PBLS I would definately want to know the share structure, it's my company, my investment, my money, why shouldn't I know? I guess the arguement against that might be the company is working on filing, has promised an audit, and transparency, just be patient. That agruement will probably be fortified with, they will need an audit and be fully reporting before moving to a higher exchange. Well, I think I read somewhere that of all the pinks that "intended" to move to a higher exchange in 2004, only 13 actually did. Again, I guess the arguement there could be, well, by your own words it does happen,, 13 did it. OK, if you like those odds, 13 out of thousands, not as long as getting struck by lightening, but still not very attractive. Also, I would doubt if you ever see an audit or Form 10 filed, my opinion, of course, based on past performance of other pink sheet stocks. Now if anyone cares to see just how a similar stock situation played out recently let me direct your attention to this thread : http://www.allstocks.com/stockmessageboard/cgi-bin/ultimatebb.cgi/ubb/get_topic/f/8/t/015636.html? Just read from November on, that will give you enough flavor of what REALLY ocurred. PBLS is pretty much a mirror image of the early stages of PLNI. Promised share buy back, (never happened), promised audit, (still waiting), promised moving to a higher exchange, (still waddling in the pinks). This is no more than an alternative point of view. Personally I don't care what the outcome is, but for that new person that is thinking there's a big pay day down the road, I caution you, and say to you, think again. [QUOTE]Originally posted by OILDOG: [qb] yep, fluff pr as usual. If you trust Muleshine, bond006, call him and ask him why they've gagged the transfer agent. So we can't see the insiders selling off 10's of millions of shares. They have NOT started 100 M share buyback. Alonzo said in Dec pr that ALL would be transparent, share structure,ect., and available ON THEIR WEBSITE!!! NONE of that has happened! :p [/qb][/QUOTE] [/QB][/QUOTE]
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