posted
WarpedMind I'm hoping today. The PR states On or before Nov 30. I have not tried to call the company as they always seem to be right on in all they put forward.
Sorry Jelly, forgot to hit Reply after I typed my last post. A little late. LOL
-------------------- Lil,
Dont LOSE more than you can afford to invest....LOL
I'm buying low and selling into the run...
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quote:Originally posted by C: PBLS * .025, .17 EPS For 2005, .22 EPS for 2006 2005 Revenues Rome Oil & Gas Co., $1,368,000.00 in revenues for 2005 Murphy Sand & Gravel excess of $2,310,000.00 in revenues for 2005 Heaslip Construction excess of $2,000,000.00 in revenues for 2005 Ann Arbor Pools $2,288,000.00 in revenues for 2005 Bayou State Trucking around $650,000.00 in revenues for 2005 Progas Inc. . $190,000,000.00 in revenues for 2005 ------------------------------------------------------------------- $198,618,000.00 in revenues for 2005 ProGas, Inc. Completed Acquisition will Add $190 Million in Revenues for FY 2005 http://www.investorshub.com/boards/read_msg.asp?message_id=8613714
Last of 2005, gross revenues will exceeding $10,000,000.00 profit exceeding gross revenues where in 2004. $3,000,000.00 30% Profit http://www.pbls.biz/pr38.htm
$59,585,400.00 Profit 2005 / 346,560,260 shres = .17 EPS for 2005 PBLS trading 25 x Earnings is $4.25 PPS http://www.pbls.biz/pr38.htm
2006 revenues $224,388,000 Progas Inc. $190,000,000 Rome Oil and Mid South Oil $12,000,000 Murphy Sand and Gravel Est. $3,500,000 50% growth from 2005 Heaslip Construction Est $3,000,000 50% growth from 2005 Ann Arbor, Great Lakes Pool $3,388,000 50% growth from 2005 Bayou State Trucking $1,000,000 50% growth from 2005
posted
just called the transfer agent to get an updated share count. (Atlas Transfer) 801-266-7151 They directed me to call the co.
I just did that.(958-845-4627) The IR guy is out.....Then I asked to speak to someone in regards to the ProGas deal. She said "that would be Ron" and that he was also not available but left my number and she said she will have him call me back today.
Would like to think they are all so busy wrapping up this deal!
[ November 29, 2005, 10:57: Message edited by: lilpennypincher ]
-------------------- Lil,
Dont LOSE more than you can afford to invest....LOL
I'm buying low and selling into the run...
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posted
Hold on Lil is right the mm's are trying to shake this hard before the pr won't be suprised if we tried .02 again don't give them your shares.IMHO
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posted
Good Post a few minutes ago from I-Hub. Mastercraft
WAC..
I made a phone call out of curosity. S&G loading 40-50 trucks per day..some days 60+. Materials basically going to normal construction sites as major rebuilding efforts have not started in earnest. Money has not been released yet as some areas may need to be elevated with fill materials before any new building construction is done. Some commericial buildings are already filling before re-building to raise their location elevation, better safe than sorry attitude.
Still many people waiting, negociating with insurance companies and can't do anything until they get a check. This rebuilding is going to take years to complete.
Construction side is running 5-6 crews as hard as they can go right now. New office was purchased because company had to have more room and there are people flying in all the time to meet with PBLS. Guest house will give them a place to stay instead of having to drive 50 miles to motel ect in addion to having more office space need by growth of company.
Sounds like while there is more than enough business to do, the major reconstrution work hasn't even really begun as FEMA/ gov't funds are being held until the politicians decide how to rebuild the city to prevent this type of disaster from happening again.
I don't think any shareholder in PBLS has to worry about the S&A and construction side not having enough to do for several years in the future. I just hope with their local contacts/ reputation ect. that they land the more lucrative margin jobs. Seems reasonable to think it will shake out that way to me.
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posted
Well we stayed above 2. that's good. Now hopefully the deal went through today and a PR tomorrow........IF not...we've got to wait till tomorrow for this deal like the PR stated. Still VERY EXCITED about this!
-------------------- Lil,
Dont LOSE more than you can afford to invest....LOL
I'm buying low and selling into the run...
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posted
The deal is expected to close on or before November 30, 2005, and could add significant production and distribution capacity to Phoenix's energy business, as well as a mature and growing business portfolio complimentary to the company's existing oil and gas operations.
According to ProGas audited financial statements, the acquisition when closed, is expected to add in excess of $190 million in annual revenues to Phoenix.
-------------------- Lil,
Dont LOSE more than you can afford to invest....LOL
I'm buying low and selling into the run...
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posted
Married with children did something real good he called ProGas and just talked to some employees.They knew about the sale and as far as they knew it was all on track.
Posted by: Married With Children In reply to: None Date:11/29/2005 2:57:02 PM Post #of 5011
FWIW I spoke briefly with progas employee and PBLS phone handler and both stated expectation that the Progas purchase was on track for closure..just a messenger on this post because I have no idea what either of these two actually know..added some here at .0225.MWC
Posted by: Married With Children In reply to: None Date:11/29/2005 2:57:02 PM Post #of 5011
FWIW I spoke briefly with progas employee and PBLS phone handler and both stated expectation that the Progas purchase was on track for closure..just a messenger on this post because I have no idea what either of these two actually know..added some here at .0225.MWC
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It is happening.........This is not just a rumor pulled out of the air.......IT IS FACT!
The deal is expected to close on or before November 30, 2005, and could add significant production and distribution capacity to Phoenix's energy business, as well as a mature and growing business portfolio complimentary to the company's existing oil and gas operations.
According to ProGas audited financial statements, the acquisition when closed, is expected to add in excess of $190 million in annual revenues to Phoenix.
Hope you are all in. Well.......I guess the important ones are. LOL
-------------------- Lil,
Dont LOSE more than you can afford to invest....LOL
I'm buying low and selling into the run...
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posted
I know you guys do not know me personally but I hope you do believe me for your sake. My position in PBLS is probably minute compared to what some of you are in for so please do not think I am pumping or promoting this stock.
I just spoke with MIKE MULSHINE a few minutes ago (which was rude on my part for calling so late at night). I also left a message for Ron blackburn and will post any replies he gives me tomorrow. Here is a copy of my post on another forum concerning that conversation.
" I just spoke to Mike Mulshine and at first he was not very happy since I was calling him this time in the evening since it was around 9:15 in the evening eastern time and he was with his family, he lightened up after a few seconds and spoke honestly with me for about 15 minutes. One of these days I will learn to take notes of conversations but I can tell you that NASAA (cant remember the name) is having a forum in Washington tomorrow at 1 pm with NASD and SEC in regard to short selling. It is his opinion that the stock is being naked shorted. He stated that he owns about 6 million shares and understands the concern. He also stated that the PR about PROGAS should be released in the next 2-3 days so do not be surprised if the PR does not come out tomorrow. He said that the money for the acquistion has already occured but the actual PR should come out 2-3 days due to legalalities that I think COWBOY mentioned in a previous post. He assured me that PBLS is a real company and the revenue for 2005 will be over 200 million bucks and that there is absolutely no reason that the stock should be trading in the 2-3 cent range. He spoke with me for about 15 minutes assuring me that PBLS was not a scam and was a real company with huge revenues.
I am not generally a man that will trust someone over the phone, but after speaking with Mike this time at night I got the feeling that he was being earnest with me.
I would not suggest calling Mike or Ron this time at night as it was somewhat rude, but I can tell you that I will not sell PBLS and will accumulate as much as I can with the PPS as low as it is now.
The Progas deal is done but we may have to wait a couple of days to see the actual PR.
This stock will eventually reflect the value of PBLS(my opinion).
I have spoken with management or PR people of other companies before who have rode the fence. Mike did not ride the fence and was straight forward.
I left a message with Ron and will post if I hear from him.
I would personally suggest that no one trade PBLS as your reward will be exponentially greater if you hold for at least a year.
This post is 100% the truth except for what is denoted as my opinion."
Mike also suggested that I get all my shares certified. That goes for all you longs also. They should not be able to short your shares once you do this. It costs about 40 bucks. Call your broker about this process.
Do not be afraid to call management as I have spoken with them 3 times and they are willing to speak with investors and generous with their time.
Ron Blackburn (985) 845-4627
Mike Mulshine Osprey Partners (732) 233-3853
Post any conversation that you have with them. I would strongly suggest taking notes of the conversation or if available a record of conversation form. This ensures that everthing in the conversation is 100% correct.
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And wouldn't you know it, I've been outdone. I spoke to the PR person and this guy speaks to the president. Enjoy the read. Copied from another forum by PowerPole.
Posted by: PowerPole In reply to: None Date:11/29/2005 10:28:28 PM Post #of 5073
I just got off the phone talking to Paul Alanzo, the CEO of PBLS...
For over a half an hour...I was Amazed that he called me back so late in the day (6:30 EDT)...This was the First time I have EVER called HQ, or had ever spoken to him, and I have to say, I was VERY impressed...
First, the ProGas Deal IS a 'Done Deal', but there won't be a PR tomorrow announcing such, as an employee at ProGas responsible for submitting documents to PBLS Lawyers had a death in her family this week...Her husband died...
Expect this PR by Friday or early next week...
Paul mentioned that they had their lawyers draw up a $2MM contract for FEMA related work on the rebuilding of the levees, but decided that in the end, it was not in the best interests of the Company, because they did not want to be the "Bank" for this deal...
The Slidell plant that ships Internationally for Swimming Pool Products takes most of that grade of sand they produce, and the other grades of sand are being sold for 'cash' at a better paying rate than FEMA offered...
The Sand and Gravel Operation is selling everything they can produce, as fast as they can produce it...That's why the most recent photos of the 'Pit' do not have a lot of product stockpiled...
We didn't talk much about the Construction Division, but he verified that the clean up efforts in New Orleans have not gone as fast as anticipated...
He did mention that the rebuilding of NO could last up to ten years, and that they would be a part of it in a Big way, with the Sand and Gravel and Dirt Division, the Construction Division, and the Swimming Pool Division...
We talked about Kentucky and Wyoming Oil production Estimates, and the numbers he gave me were staggering...Nothing really new here, as the PR's pretty much say the same thing...
The Wyoming lease has NO legal problems as far as 'Environmentalists' are concerned...
We also talked about Seattle, and the fact that they had a meeting there with 25 International Investors interested in further developing the O&G Division of the Company...No specific buyout of any particular Company was the reason for that trip...
I joked that we thought they were buying 'Starbucks' or 'Microsoft'...NOT!...LOL
Their next and newest Acquisition 'could' be an O&G Operation in one of the Western States (not Wyoming) with a Sizeable Oil Reserve (50MM Bbls)...I promised him I would not go into further details on this subject...
The buy back in the Open Market has NOT started yet, at least not in the way we had all anticipated...They have not yet found a Broker or two that will satisfy their needs...
But he did say that they Have been involved in buying a Large number of shares without the help of a 'Broker'...I promised him I would not go into further details on this subject...
The reason for the 'Gag' on the TA is: he was receiving up to 250 calls a day asking for the O/S and A/S, and that this TA has many other Company's he does business with...
He said that this Transfer Agent was going to 'Quit' doing business with PBLS if he had to continue taking this Volume of calls from PBLS Investors...Paul really likes the job this TA is doing for him, and did not want to take the risk of Losing him...
The most interesting and longest part of our conversation had to do with the games the MM's are playing with the pps of this stock...They are Very Aware of what is going on here...
He said that their Lawyers have suggested the best way to account for all the shares of this Company would be changing the Ticker Symbol and QSIP number of this stock...
Do you all understand what this will do to the MM's if they do this?
The MM's will have to account for every single share of this stock, and if they are Selling Short or Naked Shorting, they will Immediately be accountable for Every share they have shorted!
Can anyone spell "Short SQUEEZE"?...ROTFLMAO!!!
Now, here's the REAL Kicker...The reason I called Paul is because I personally own 2.35MM shares of this stock, and I have four brothers and sisters I have gotten in to this stock for a total of almost 8MM shares...
And to be Honest, all together we are DOWN almost $500K...I personally am down almost $50K on this trade...
I called to ask Paul to buy ALL of these shares for .02
He agreed without hesitation...I asked him: "What if the pps is at .01 next week, will you still honour this DEAL", and he said "YES!"...I asked him to "write it down next to my name" to be sure we had a DEAL...
I WILL take this as a Verbal Agreement like 'man to man', and KNOW it will be DONE as agreed upon...
He explained that he didn't want any Shareholders that weren't interested in Holding this stock for less than two years...He wants nothing more than to "Get rid of" the Day Traders, Penny Flippers, and other Non-Believers...
He said he would take our shares, and "Retire them" to the Safety of the Company Treasury...
If you don't believe me, call him and ask the exact same question, and I'm SURE he will tell you the same thing...
I leave this Friday for my 50th Birthday Celebration in Orlando, FL., and have plans to meet Paul and Company on the 9th-15th of December....
When I return, I will have a LOT more to say here on the Public Board about my Experiences...
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Can anyone tell me where this company is located? I saw the post about Orlando... I'm in Orlando and I'll be happy to go in person and meet them. Can't find the contact info anywhere.
Of course, judging by the area codes of the management's phone numbers, maybe it's not in Orlando after all...
-------------------- Life is like a roll of toilet paper. The closer it gets to the end, the faster it goes.
quote:Originally posted by WarpedMind: Can anyone tell me where this company is located? I saw the post about Orlando... I'm in Orlando and I'll be happy to go in person and meet them. Can't find the contact info anywhere.
Of course, judging by the area codes of the management's phone numbers, maybe it's not in Orlando after all...
Just outside of New Orleans
-------------------- I just want to make enough money to be eccentric.
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Good morning every body one thing PowerPole said he forgot to mention last night was debt reduction was part of his telphone conversation with Paul. Here is his morning post on Ihub
Posted by: PowerPole In reply to: None Date:11/30/2005 10:00:13 AM Post #of 5142
Good Morning All...I forgot to mention...
One important item the CEO mentioned to me last night...
He said that as of this week he has retired $8.5MM of debt from the Company Balance Sheet...
That means he has paid off the debt...In FULL...
He did not go into much detail on this subject, but he sounded VERY pleased that he had accomplished this...
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posted
Boy when the management finally drops the vail on progas and financials and when it comes to the latter of thoes two,I meen with an audit,because they already will tell you that there is nothing going on to worry about, this will soar and millionaires will be made imho
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word to the bank when it comes to a post. lol
