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[QUOTE]Originally posted by Persia: [QB] Phoenix Associates Announces Promotions and New Business Relationships Tuesday July 25, 5:30 am ET NEW ORLEANS, LA--(MARKET WIRE)--Jul 25, 2006 -- Phoenix Associates Land Syndicate (Other OTC:PBLS.PK - News), a holding company with assets and/or interests in sand & gravel, soil products, land development, oil and natural gas, commodity brokering, plumbing, trucking, contract hauling, construction, swimming pool construction and construction related industries, makes the following announcements regarding internal promotions and new business relationships to facilitate the ever increasing management needs to bring about the successful pursuit of the interests of Phoenix shareholders and the Phoenix Board of Directors. ADVERTISEMENT Ron Blackburn has been promoted to Chief Operating Officer of Phoenix Associates and will continue to be Director of Acquisitions and Business Development. Mr. Blackburn will work with the various Phoenix businesses, managers and directors in an effort to enhance and improve the operations, growth and profitability of each entity. Johnson, Johnson, Barrios & Yacoubian, a Louisiana Law firm, has been retained to represent the various business interests of Phoenix. Alan Yacoubian and his team will work to secure the interests of Phoenix and its shareholders. John Burge, the President of ProGas, Inc., has been promoted to Director of the Phoenix Oil and Gas Division. Mr. Burge will handle all business growth and the facilities of this division. Roy Plessala has been promoted to Director of ProGas and is charged with the responsibility to develop and grow the gross revenues of ProGas to $1,000,000,000 over the next year with a target of $3,000,000,000 in gross revenues in the near future. Tommy Walker, a licensed weighmaster at the Murphy Sand & Gravel (MS&G) business unit of Phoenix, was promoted to Operations Assistant reporting to Dennis Kowalski, Vice President of Operations of Phoenix. Mr. Walker just received a degree in Business from Southeastern Louisiana University. Ron Omilian, owner of United Soils of Michigan, is now directing the interests of United Soils of Louisiana, a registered trade name for Phoenix Associates Land Syndicate. Mr. Omilian is overseeing and directing the excavation process for the MS&G mining operation, located in Pearl River, Louisiana. United Soils of Louisiana is working in conjunction with Ponchartrain Materials Corporation and Lakeshore Materials to excavate the 820-acre leasehold, to increase production of the mining operations to keep pace with the need for adequate material to satisfy sales demand, and to develop work areas that can be used for sand and gravel operations at MS&G. Phoenix is working with Arnold Roge of Superior Concrete Crushing, L.L.C. to develop the mining interests at MS&G. Phoenix is anticipating many exciting developments in this business unit over the next few months. Johnny Zornes has been moved to position of Presidential Assistant to Paul Alonzo, from Director of Bayou State Trucking. Mr. Zornes is now charged with bringing additional business opportunities to the Phoenix divisions in a sustained program to grow Phoenix interests. Raymond Osman has been appointed General Manager of Bayou State Trucking. He is responsible for the growth of Bayou as it seeks to meet the needs created in the aftermath of Hurricane Katrina. Mr. Osman is currently moving as many as 250-300 trucks per day through the MS&G facility to meet the needs of the US Army Corp of Engineers and other customers. His overall trucking operation handles about 300-350 trucks per day, with Bayou State Trucking expecting to bring at least $5,000,000 in gross revenues to the Company. 20/20 Exhibits, under the direction of Pete Babine and Becky Harrison, has created an excellent new website for shareholders to learn more about Phoenix. 20/20 Exhibits is also developing exhibit booths for the Phoenix Companies to be set up at various trade shows throughout the country. Gulf Coast Business Credit, a division of Gulf Coast Bank & Trust Co, has provided the Company with a funding source to develop its directional drilling activities. This new banking relationship promises to be a convenient source of Phoenix development capital and future revenue. Phoenix has hired Humberto Meza to develop the rock creations provided through 3-D Creations, a Phoenix trade name, while working under the direction of Mark Dishon, President of 3-D Builders, Inc. a Phoenix company. Phoenix also now represents RicoRock of Orlando, Florida, providers of a preferred method of swimming pool waterfall construction. Tom Wilson, of Energy Investments, L.L.C., has been working with leadership of Phoenix to identify potential business transactions and funding vehicles, a few of which are likely to become announceable during Q3. Mr. Wilson was instrumental in the Company's new relationship with Gulf Coast Business Credit. John Barksdale, President of Rome Oil & Gas and Mid South Resources, is charged with the responsibility to develop the Company's drilling interests in Nevada, Wyoming, Kentucky and Tennessee. Don Sealy, as Co-Manager, continues to develop the interests of TCB Properties US, Inc., while Dennis Scherdt and Bryon Ross continue to advance the interests of Phoenix through Ann Arbor Pools and Great Lakes Pool Plastering. Osprey Partners, through the investor relations efforts of Mike Mulshine and Mike Cunniff, continues to represent the interests of Phoenix stockholders through the dissemination of proper information and working hard in clearing up any false rumors. Phoenix is very grateful to the two Mikes for their efforts. Mira + Kolena, a full-service CPA and consulting firm, continues to work with leadership of Phoenix to provide audited financial statements for the Company and its shareholders. Paul Alonzo, President and CEO of Phoenix Associates, stated, "The three Texas-based oilfield services companies acquired in May 2006 from Sam Henley and David Bolton -- Sam's Oil Country Inspection Services, Inc., CM Ideal Energy, Inc., and Ideal Energy Directional Drilling Services, Inc. -- are operating above original projections, and promise to have a number of outstanding developments that may warrant announcement later this summer." Mr. Alonzo commented additionally, "We are moving fast to develop Phoenix and the interests of our shareholders. We originally started with a 3-4 year development plan for Phoenix, as most of you already know, and we are down to approximately two years to go on our schedule to complete and fulfill our original objectives. We at Phoenix hope our supporters are enjoying our philosophy of growth, 'to buy, buy, buy and then to buy some more.' All indications are that this growth strategy is working well for us and we look for a bright future for Phoenix and all our shareholders." [/QB][/QUOTE]
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