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[QUOTE]Originally posted by gnulnx: [QB] Phoenix Associates to Acquire The Moon, Inc. Friday June 02, 9:30 am ET From The Miniscule News Machine Wire Recent Approval by the US Army Corp of Engineers of the Company's Aggregate Products for Use on Projects in Greater New Orleans and the Gulf Region Has Accelerated the Build Up of Mining Operations at Murphy Sand & Gravel and the Acquisition of The Moon Inc. The Lunar South Pole via NEW ORLEANS, LA--(MINISCULE WIRE)--May 23, 2006 -- Phoenix Associates Land Syndicate (Other OTC:PBLS.PK - News) today announced that it has entered into a binding letter of intent to acquire eighty percent (80%) of the outstanding shares of THe MOON, Inc. and its sister company, VENUS & Mars, Inc., with the closing anticipated to be on or about June 15, 2006. Paul Alonzo, President and CEO of Phoenix, said, "With the recent approval by the US Army Corp of Engineers of aggregate products from the Moons mines for use in the rebuilding of the Greater New Orleans area and the Gulf region, the acquisition of The Moon, Inc. makes perfect sense." Mr. Alonzo added, "Since we signed a working agreement with Mr.Copernicus , President of The Moon inc., back in early 2006, we have strongly increased production operations at the mining site. By bringing The Moon and eventually The Stars also into the Phoenix family of companies, we believe that the future will be very BRIGHT for all parties involved." Mr.Copernicus said, "I am pleased that we have come to an agreement with Phoenix, and will be combining our operations with a company that is so determined to be a strong contributor to the rebuilding of the Gulf region. Having already been working with Phoenix, we have become quite comfortable that The Moon and Phoenix will grow together, doing our best to accelerate the productivity of the Company's aggregate products operations, and to satisfy the needs of the US Army Corp of Engineers and the many others in need of our products and services." More complete information about The Moon, Inc. and the terms of the acquisition transaction will be released after the closing But conservative figures place the transaction to be in the neighborhood of 1 Trillion restricted shares of Phoenix company shares . About The Moon, Inc. The Moon, headquartered in the Sky Above, opened a division in the Louisiana and Mississippi areas in early 2006 to help in the reconstruction after the Katrina disaster, and has provided 3-4 million dollars worth of heavy equipment to help in this reconstruction process. It has an abundance of earth materials at the Phoenix sand & gravel mines in Pearl River, Louisiana. The Moon has a fleet of trucks to provide the hauling of these materials to the places most in need. The SKY, operation of The Moon is one of the largest wholesale suppliers of bulk topsoil in North America and The Universe, and is a multi-service company providing mass celestrial work, site grading, soil erosion control and trucking. Having started out as a topsoil operation providing custom blended soils and compost, today the company is heavily involved in site development, snow removal, trucking and seeding, and own a large fleet of gravel trains, dump trucks, dozers, scrapers, and loaders. Commenting on The acquisition,Mr.Copernicus states we were just sorry that we could not stop Hurricane Katrina and felt helpless just standing by and watching the events transpire but now we can effectively implement change and be a real contributor to our neighbors to the south. Forward-Looking Statements This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Phoenix Associates, and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results Posted by roach on RB and ihub Thanks for the laugh roach! [/QB][/QUOTE]
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