posted
I see United soild listed on the web site so why oh Iz a asks WHY didnt we get a PR on the close of United Soils!!~!
Posts: 1068 | From: Utah and Put-In-Bay Ohio | Registered: Jan 2004
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They seem pretty astute in their strategies, holding up pps while they worked their share structure. My guess is they know the public is waiting for their form 10 by the end of June, and most likely it isn't ready, so they will give us some major news of other events to keep us happy until then. They wouldn't have given us a temporary base if they didn't want us moving up higher from this point, so I doubt they will disappoint.
Posts: 1097 | Registered: Jun 2005
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posted
Looks like they put up the website just to show shareholders that they are doing something about the old site...I believe it will be under construction for a few days, with changes and corrections..One thing I noticed right away the other day was the cheesy generic pictures, they have to come off...Right now the site reminds me of a brand new picture frame that has a generic photo in it, just so you get a idea how it looks??
I am very pleased with the look, although I believe it could have been better given the time frame they had to work on it, if it is the site from 2020?!?!
News and announcement of the site should bump us, I liked the low volume today, looked like that there were not a lot of sellers, and the MMs are holding it down and making it hard to buy!!
Posts: 381 | From: Cincy | Registered: May 2006
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posted
Hey guys--where are all these shares at .03 coming from? Ya'll selling or what? I'm buying.
Posts: 1351 | From: Phoenix Az | Registered: Nov 2005
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posted
I am one pissed off shareholder. They were supposed to have submitted the form 10 by the end of JUNE. Although I knew it would not happen after talking to the auditors and learning that the audit was not even completed, I still held a little hope that they would come through as promised. At least they put out news of the buyback of 100m shares at .03, and you better believe that my certs are on order Monday.
Unfreaking believable to me that they would not even issue a PR stating something about financials or why the form 10 has not been submitted or oil news OR SOMETHING FOR GODS SAKE.
I will be a trader of most of my holding of PBLS as I have missed oppurtunity after oppurtunity to trade for a profit, believing in the co.
I will still hold less than 50 percent long term but mostly trading as this is looking more and more like a typical pink sheet POS. Looking more like Will and some of the others were right but the story is still not over yet.
GLTA
Posts: 539 | From: BIG D | Registered: Apr 2005
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posted
Mac they did what they did and will was wright. After all I listened to the ceo and I did believe him. The way they raised the a/s was with a plan to while all the time they were telling us they would notI will buy more of this but only after it tanks and it will after Alonzo stops buying. All the time we were told trust me they do have a good business plan and the Co. is undervalued you can still make money because now you know the truth. I will never trust a gagged T/A again it is only gagged for a reason and it is not because they don't want to get telephone calls. I still own some of this and will keep along term hold on it and buy more but I never will trust them again.
Posts: 6008 | From: phoenix az | Registered: Mar 2005
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posted
What makes me angry is that they didnt issued some PR explanation, why they didnt managed to finish anything what they promised to do until the end of first half of this year. Some explanation would really help with our trust in this stock, but it seems to me that they dont care much about us. As my trust in PBLS after stock dillution decreased, i sold half of my pbls stocks (one milion), the second one i will probably sell soon, if there wont be some great news soon.
Posts: 287 | From: prague | Registered: Jan 2006
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posted
Paul Alonzo was one of the few that was flipping and also diluting why due you think there is still a gagg on the T/A. He cannot yet say what the a/s is or how big the float is I will bet the float is a lot higher than 350 million shares
Posts: 6008 | From: phoenix az | Registered: Mar 2005
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posted
if the float was 350 million shares the stock would have moved I know 5 investor's that own about half of that and they are still holding
Posts: 6008 | From: phoenix az | Registered: Mar 2005
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posted
Well for sure most of us can bail now with not to much of a loss some can even make some bank but after the buy back is over there is nothing that is going to keep the price stable. At this point with no news and the effects of the dilution I think it would be trading for a penny IMHO
Posts: 6008 | From: phoenix az | Registered: Mar 2005
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posted
A lot of people are gettin impatient on this thread and thats fine..Pinkies arent usually made for a long term play, i say get out take the money and make some money somewhere else, I know bond is making a killin over at xkem...
The company has produced on all of what it has said so far, AND mid 06 is not over...So if youre feeling anxious get out and make some bank somewhere else!!!
Whoever sells, watch and see what your sell does to the stock, mostly likely nothing and someone will be grabbing the shares!!!!
GLTY and GOD BLESS AMERICA!!!
Posts: 381 | From: Cincy | Registered: May 2006
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posted
Once the news breaks and I hope they do take there time and do it wright. And the dots get connected I think we will see a different picture here. After all the company used the stock to get assets and profit producing companies. I still have to remember That pbls is a growth co. and there is only one thing that you use to grow with in business that is by money or stock it is temporary dilution either way until you start to grow. I still think we will have a pps that is .25 to.50 by the end of this year we may see a dip or two here shortly but that will be a good time to buy. this is all my HO.
If you get my drift you are just as affected value wise if you got a loan for 100million as you are diluting your stock by the same dollar amount. So why would most folks be happier with a loan? glta
Posts: 6008 | From: phoenix az | Registered: Mar 2005
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posted
I only took a little off the top, I still really hope we see that 10k soon I would love for this stock to be the pinkie that "makes it" for now I'm looking at some big board stocks, maybe a mutual fund or two, something a little more stable. GLTA
Posts: 145 | Registered: Oct 2003
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posted
Hey Bond do ya think we will drop below the .03 floor B-4 good news is out
Unreal Look at he chart hor hexcel corp. HXL I rode it from $14 to $24 and sold it. It just dropped to $15 just beacuse of delay in a contract
Posts: 1068 | From: Utah and Put-In-Bay Ohio | Registered: Jan 2004
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MADISONVILLE, LA -- (MARKET WIRE) -- 07/06/06 -- Phoenix Associates Land Syndicate (PINKSHEETS: PBLS) (http://www.pbls.biz) herein presents selected financial and operational data, for the benefit of its shareholders, as it progresses with its independent audit of 2004 & 2005.
Revenues for the full-year 2005, if full year participation of 2005 acquisitions was assumed, increased to $165,971,862, up strongly from $465,452 in 2004.
Operational and Other Recent Highlights:
-- Phoenix announced on June 20th that it completed the acquisition of
TCB Properties, U.S. Inc., a Florida corporation.
-- Phoenix announced on June 20th that it filed a corporate action with
the Nevada Secretary of State to increase its authorized shares of common
stock from 997 million shares to 1.75 billion, and to increase its
authorized shares of preferred stock from 3 million to 250 million.
-- Phoenix's Board of Directors on June 19th issued a clarification of
its stock repurchase program and announced it would repurchase up to one
hundred million shares at a price of $0.03 per share.
-- Phoenix announced on April 26th that it has completed a stock
repurchase program announced last November 9th with the buy back of more
than 110 million shares of its common stock and announced it would continue
the stock repurchase program for an unlimited number of shares of Phoenix
Common Stock.
-- Phoenix announced on May 23rd the recent approval by the US Army Corps
of Engineers of aggregate products from the Company's Murphy Sand & Gravel
reserves for use in the rebuilding of the Greater New Orleans area and the
Gulf region.
-- Phoenix announced on May 2nd it had acquired three Texas-based
oilfield companies; Sam's Oil Country Inspection Services, Inc., CM Ideal
Energy Services, Inc. and CM Ideal Energy Directional Drilling Services,
Inc.; businesses that are expected to contribute revenues of approximately
$11 million in 2006 with operating profits of approximately $2 million.
-- Phoenix announced on December 15th the acquisition of ProGas, Inc. of
Covington, LA, a natural gas and oil marketing company.
Paul Alonzo, President and CEO of Phoenix, stated, "I am very pleased with the strong growth of our Company over the last year. We at Phoenix believe that our business model has made it possible to grow rapidly in 2005 & 2006, and to continue on our path to becoming a much stronger company in the chosen business sectors being pursued. Our philosophy of growth, to buy, buy, buy, and then buy some more, is the philosophy that made it possible for us to grow from under a million in revenues in 2004 to more than $165 million in revenues in 2005. This is terrific growth by any measure."
Mr. Alonzo added, "Our balance sheet continues to strengthen as a result of the strong operational performances through our assembled companies. Our net cash balances exceeded $6.6 million at the end of 2005, showing a healthy trend."
Financial Highlights and Comments:
The Company's financial data is prepared in accordance with Generally Accepted Accounting Principals (GAAP). The audit of 2004 & 2005 data is in progress and will, upon completion, fulfill SEC and SOX requirements for publicly traded companies, even though Phoenix is not currently required to conduct this level of audit.
The following items will be helpful in understanding the financial and operational status of the company:
-- Net cash balances, total cash and cash equivalents, on December 31,
2005 totaled $6,649,963 compared to $ Nil on December 31, 2004.
-- Murphy Sand & Gravel is located on 820 acres in Pearl River, LA.
-- Dr. Gordon P. Boutwell, Jr., PhD, PE, Senior Consultant for Soil
Testing Engineers, Inc. (STE, Inc.) has provided documentation valuing
mineral deposits of Murphy Sand and Gravel at $189,600,000 minimum and in
excess of $300,000,000 maximum.
-- The land lease for Murphy Sand & Gravel is carried at acquisition
cost. Should a revaluation of this asset occur a new valuation could be
considerably higher than what is currently indicated.
-- The total exploration land leases consist of 2,075 acres in Natrona
County, WY; 880 acres in Carbon County, WY; 7,868 acres in White Pine
County, NV; 329 acres in Fentress and Pickett Counties, TN; 283 acres in
Adair County, KY; and 122 acres in Clinton County, KY.
-- Land leases for exploration are reflected on the books of the Company
at acquisition cost. It is felt that this is the most conservative method
of valuing these assets. Current market valuation could be considerably
higher than acquisition costs.
-- The Rome Oil/Mid South division of Phoenix currently has several
completed wells pumping a total of approximately 12 - 15 barrels of oil per
day on Company leases in the state of Kentucky. The Company has chosen not
to book these reserves pending further geological and reservoir engineering
studies.
-- Phoenix purchased its corporate office building in late 2005. It is
carried on the balance sheet at cost, plus modifications and improvements.
It is our feeling that the market value of this property is significantly
greater than the purchase cost. An appraisal will be requested and
valuation will be adjusted accordingly. There is no mortgage attached to
this property.
-- Phoenix currently has no institutional related long term debt.
Though Phoenix has chosen not to put a value on its oil reserves, the following points are worthy of note:
-- The Company's leases in Natrona County, WY, entitled S.E. Burke Ranch,
are in close proximity to Salt Creek Field (660.5 mmbo) and the Teapot Dome
Naval Reserve (26.4 mmbo). Other successful drilling has occurred in close
proximity to these leases. John J. Wanner C.P.E. and James O. Breene, Jr.,
Geologist, through communication and research, estimate reserves to be in
excess of 8,100,000 barrels minimum and 13,100,000 barrels maximum. At $60
per barrel, valuation is $486,000,000 minimum and $786,000,000 maximum.
-- The Company's leases in Carbon County, WY, entitled Shirley Anticline
Prospect, are located on the extreme southwest flank of the Shirley Basin
in southeast central WY. Considerable drilling activity has taken place in
the surrounding areas and substantial finds have occurred for both oil and
natural gas. James O. Breene, Geologist, estimates reserves in the Shirley
Anticline Prospect lease area to be approximately 5,000,000 barrels minimum
and 10,000,000 barrels maximum. At $60 per barrel, valuation is
$300,000,000 minimum and $600,000,000 maximum.
-- The Company's leases in White Pine County, NV, entitled Cabin Spring
Prospect, are located in Long Valley, in the northwest part of the county
in east central NV. In addition to surface and subsurface geological and
geophysical information, a 5 mile proprietary seismic line and 25 sq. mi.
of proprietary gravity data were used to define the prospect. Successful
exploration in the region has resulted in the discovery of fields in the
range of 5 to 20 million barrels, primary recovery. Don E. French,
Geologist and John Vreeland, Geophysicist, estimate total reserves at the
Cabin Spring Prospect lease area to be estimated conservatively at
20,000,000 barrels minimum and 50,000,000 barrels maximum. At $60 per
barrel, valuation is $1,200,000,000 minimum and $3,000,000,000 maximum.
About Phoenix Associates Land Syndicate (PBLS)
Phoenix Associates Land Syndicate (PBLS) is a public holding company, with hundreds of stockholders, that has purchased motivated companies in order to enhance its assets and income basis. Since 1978, PBLS has developed assets and/or interests in sand & gravel, soil products, land development, oil and natural gas, commodity brokering, trucking, contract hauling, construction, swimming pool construction and construction related industries. For more information, visit http://www.pbls.biz.
Forward-Looking Statements
This press release contains statements, which may constitute "forward-looking" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934 and are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995 and federal securities laws. Generally, the words "expect," "intend," "estimate," "will" and similar expressions identify forward-looking statements. By their very nature, forward-looking statements are subject to known and unknown risks and uncertainties that may cause our actual results, performance or achievements, or that of our industry, to differ materially from those expressed or implied in any of our forward-looking statements. Statements in this press release regarding the Company's business or proposed business, which are not historical facts, are "forward-looking" statements that involve risks and uncertainties, such as estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements. Investors are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date they are made.
Contact: Osprey Partners Mike Mulshine 732-292-0982 osprey57*optonline.net
Posts: 1351 | From: Phoenix Az | Registered: Nov 2005
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posted
what do you longs think of the news? good or bad or it won't make a difference?
Posts: 942 | From: Wisconsin | Registered: Jan 2006
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posted
GOOD NEWS!!! No doubt about that, it gives us a nice base to work with and gives us some calculations and not just speculations...Still need share structure like GNU has been pleading for...but should get some volume tomm!!
Posts: 381 | From: Cincy | Registered: May 2006
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posted
Still no updates on the PBLS website in the news link...makes me think more and more that the new site is just a skelaton or temporary webpage!!??
Posts: 381 | From: Cincy | Registered: May 2006
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posted
I think we might spike up on todays news. However I believe it will be temporary unless we get a share structure disclosure. Hope tommorrow they release the share structure and we find out the OS is like 500 Mil. That would make me quite happy!
Posts: 1443 | Registered: Apr 2006
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posted
The oil man, the oil. Billions, billions... You gotta love the black gold.
Posts: 1364 | From: Somebody from Europe | Registered: Sep 2005
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