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[QUOTE]Originally posted by f8less: [QB] m...n...1.com PBLS Acquires Best Aero Net Limited and Best Jets Posted on Thursday, July 27 * 11:28:07 CDT By Trevor Burgess DALLAS (July 27, 2006) -- Phoenix Associates Land Syndicate [PBLS] CEO Paul Alonzo was on *** Radio Thursday morning for an exclusive interview to make the announcement that his company has reached a deal with Best Aero Net Limited and Best Jets, which he believes will skyrocket revenue. “We signed a binding letter of intent and we are tentatively scheduled to close on Aug. 15, 2006 on Best Jets Limited, Best Aero Net Limited, Best Aero Net Aviation Limited, and the other associated affiliates that they have,” he said. Alonzo said with Best Aero Net Limited and Best jets PBLS will see a huge increase in revenue over the short term. “That’s the one we are most excited about because we are getting $17.5 million dollars of income immediately. It is my belief that we will be able to expand that quickly to $100 million in income for the company,” Alonzo said. Not only does this increase revenue for the company, but Alonzo says he believes it will also allow them to get to their sites a whole lot easier. “We need airplanes to get from drilling site to drilling site. Instead of taking two to three days with commercial airports, we can get there for $400 in a half hour,” Alonzo explained. While this is a step in the right direction, Alonzo said there are more exciting things to come for PBLS. “This is actually a medium size step for the company because we have some things coming up that are going to be much larger than this,” Alonzo surprisingly announced. “We have been looking for this type of deal for some time. I think it is just going to bring some exciting possibilities into this company,” Alonzo added. “I think the stockholders will be very happy with this, it is a beautiful piece of what our business plan is.” [/QB][/QUOTE]
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