posted
I bet at this point they've probably bought back all that they are going to. Be interesting to find out I guess. If you plan on grabbing shares for the .03 buyback, i'd call and verify still.
-------------------- Fred [IMG]http://renegade.iconlabs.net/images/tek.gif[/IMG] Posts: 1097 | Registered: Jun 2005
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posted
yeah stick I agree. I'm not planning on selling yet. I think PBLS will eventually come back up...I mean it is a real company. Even tho they are acting real crappy about releasing information.
posted
Oh I agree, other then financials being released by second quarter they really havent put themselves on the line. They have kept their word up to this point. I am going to play and flip it as a pink until something solid pops out to give me a confidence boost again.
-------------------- Fred [IMG]http://renegade.iconlabs.net/images/tek.gif[/IMG] Posts: 1097 | Registered: Jun 2005
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posted
WOW, more dumpage than I thought this morning. Best entry for the day has to be now IMO. EOD can still end up green and I would think up from here certainly!
Nice call stickfigure.
I am with ya gnulx.
Buyback at .03 and price is .023? Over 20% gain by buying and selling back to co. for .03. I would call co. and confirm they would buyback at .03 before attempting. GLTA
Posts: 539 | From: BIG D | Registered: Apr 2005
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posted
Im all back to full with pbls what a great opportunity at this price
Posts: 1068 | From: Utah and Put-In-Bay Ohio | Registered: Jan 2004
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posted
Should close with doji today. Stick-that was a nice call on .023-.024. I really didn't think it would drop any lower than .025 then climb out of it to close around .028.
Won't make .028 EOD but .026 is almost there.
GLTA
Posts: 539 | From: BIG D | Registered: Apr 2005
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posted
Thanks, grabbed me some more at .023 I don't know if a full reversal can be confirmed but maybe a light tip toe bounce off the bottom. I have a sneaking suspicion we will see some more of the same tommorow. I think there may still be time to get in cheap, unless we get a heads up of something.
Posts: 1097 | Registered: Jun 2005
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posted
well stick you might be right. I was implying that if we closed over .025 then a reversal pattern would be setting in, but if we close down...forget it.
posted
Or maybe negitive chatter now lets follow the positive vibes man every increase in just 1/10th of a cent puts me up $480 Tuesdays and Wed are great PR days
Posts: 1068 | From: Utah and Put-In-Bay Ohio | Registered: Jan 2004
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posted
Mr. Alonzo commented further, "We have made the decision to make the full capitalization structure of Phoenix public very soon so as to set shareholders concerns to rest."
It will be one month in 2 days. What's very soon for Paul Alonzo?
Posts: 1364 | From: Somebody from Europe | Registered: Sep 2005
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posted
I sent an email today to PBLS and received a reply within two hours:
XXXX,
Your interest in PBLS is most certainly appreciated. As indicated in the PBLS news release of June 20th, it is the intention of the company to make the capitalization structure of PBLS public very soon. I have added you to our PBLS Email List and will forward you news on this and other subjects relating to the company as such info is released.
Mike Mulshine ------------------------- Michael A. Mulshine Osprey Partners 868 Riverview Dr. Brielle, NJ 08730 Cell: 732-233-3853 Tel: 732-292-0982 Fax: 732-528-9065 -------------------------
Amir wrote:
Gentleman,
I’m an investor all the way from Belgium and I’m interested in investing in PBLS, but I have a couple of questions regarding the current share structure.
1) First of all, why is the TA silenced?
2) Why can’t the company post the share structure on the new web site?
3) Can you please advise me on the current numbers of the outstanding shares, restricted shares, and the public float?
Thank you in advance and kind regards,
XXXX
Posts: 1364 | From: Somebody from Europe | Registered: Sep 2005
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posted
A Persian living in Belgium for the last 25 years. Does that make me Flemish? Yes, it does.
Posts: 1364 | From: Somebody from Europe | Registered: Sep 2005
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posted
I've been trying to buy * .024. Nobody is selling. Could this be the new bottom? Last trade was * 9:18. I think she will start to rise soon, JMHO. Buyback over? Lets see the news!!!
Posts: 32 | From: Colorado | Registered: May 2006
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posted
The response to Persia's questions seems to indicate an increased reticence in putting a stake in the ground concerning information release (unlike the end of 2nd qrtr announcement made earlier that failed to bear fruit). I'm currently holding with this stock as well, the only pink I'm taking such a chance on. With the cash they had on hand, I would doubt they are still buying back now that they went below 3. Does anyone know that for a fact?
Posts: 17 | From: US | Registered: Jul 2006
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posted
dlaserman: Assuming they are buying back in the open market and not only when you send them certs I would believe they are actually buying more since it is under 3 cents.
Just got off the phone with Ron Blackburn and also with my mentor here in NC. Here seems to be the scoop...
PBLS has yet to buy back 1 single share and in fact has only had 2 calls about it. At this point they are going to start buying on the open market to complete the buy back. This should help bring the pps back up.
Also, tomorrow they will be releasing a PR saying they are replacing their Detroit law firm with one from New Orleans. The NO law firm is "cheaper" and is willing to dedicate 1 full time SEC lawyer to the FORM 10 filing.
Ron also represents that within 30 days there will be some significant announcements for PBLS that should really jump the price. Heard that before. Isn't it always 30 days?
Now my thoughts...I think management sold some of their shares after Katrina and are now trying to add to their position so that they do in fact hold a majority ownership in the company. I also believe that it is in their best interest to hold on the FORM 10 until they acquire a driller, which is going to be expensive anyway. Having a Form 10 on file and being fully reporting really complicates acquisitions. I also still believe that the total number of outstanding shares is around 1 billion but have no way to confirm or deny. Still, there is no reason for them not to release the share structure and to get the '03-'05 financials audited ASAP. I told Ron this pretty heatedly, and I believe that it is in all of interest to call Ron, and do the same. Somehow, management still doesn't seem to GET IT when it comes to investor relations and I think Mike Mulshine would agree if he could.
We're still living on faith in this I know. But hell I bought for the long haul anyway. I think I am going to stop focusing on this until I go down in September...
posted
Hey thanks man. Indeed a nice country but wrong people in power... Father is from Isfahan and mommy from Kermansah.
Posts: 1364 | From: Somebody from Europe | Registered: Sep 2005
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posted
Phoenix Associates Appoints New Orleans-Based Law Firm Wednesday July 19, 5:30 am ET
NEW ORLEANS, LA--(MARKET WIRE)--Jul 19, 2006 -- Phoenix Associates Land Syndicate (Other OTC:PBLS.PK - News) is pleased to announce that it has hired the law firm of Johnson, Johnson, Barrios & Yacoubian of New Orleans, LA to represent the Company as its general counsel. ADVERTISEMENT
Paul Alonzo, CEO of Phoenix, said, "We are very pleased that Alan J. Yacoubian of the law firm Johnson, Johnson, Barrios & Yacoubian, will now be the lead attorney representing Phoenix in general corporate and SEC matters. After a wide search for a new law firm to replace our prior counsel, Dickinson Wright, PLLC of Detroit, Michigan, we are pleased that we have been able to hire a fine and more convenient New Orleans-based firm."
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, plumbing, trucking, contract hauling, construction, swimming pool construction and construction related industries. For more information, visit www.pbls.biz.Posts: 1364 | From: Somebody from Europe | Registered: Sep 2005
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"The NO law firm is "cheaper" and is willing to dedicate 1 full time SEC lawyer to the FORM 10 filing."
Posts: 1364 | From: Somebody from Europe | Registered: Sep 2005
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posted
I think they made a stupid mistake when they put a timeline for the form10, stating end of 2nd Quarter.
Posts: 1364 | From: Somebody from Europe | Registered: Sep 2005
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quote:Originally posted by Persia: What was wrong with the precious one?
this is on ihub:
"Also, tomorrow they will be releasing a PR saying they are replacing their Detroit law firm with one from New Orleans. The NO law firm is "cheaper" and is willing to dedicate 1 full time SEC lawyer to the FORM 10 filing."
Posts: 287 | From: prague | Registered: Jan 2006
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posted
Press Release....I confirmed with IR that the new firm will be helping with Form 10 Filing.
Phoenix Associates Appoints New Orleans-Based Law Firm Wednesday July 19, 5:30 am ET
NEW ORLEANS, LA--(MARKET WIRE)--Jul 19, 2006 -- Phoenix Associates Land Syndicate (Other OTC:PBLS.PK - News) is pleased to announce that it has hired the law firm of Johnson, Johnson, Barrios & Yacoubian of New Orleans, LA to represent the Company as its general counsel.
ADVERTISEMENT Paul Alonzo, CEO of Phoenix, said, "We are very pleased that Alan J. Yacoubian of the law firm Johnson, Johnson, Barrios & Yacoubian, will now be the lead attorney representing Phoenix in general corporate and SEC matters. After a wide search for a new law firm to replace our prior counsel, Dickinson Wright, PLLC of Detroit, Michigan, we are pleased that we have been able to hire a fine and more convenient New Orleans-based firm."
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, plumbing, trucking, contract hauling, construction, swimming pool construction and construction related industries. For more information, visit www.pbls.biz.
Forward-Looking Statements
This press release contains statements that are "forward looking" 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:
Contact: Osprey Partners Mike Mulshine 732-292-0982 osprey57*optonline.net
posted
.027! Nice to see green for a change. gnulnx, if you where a betting man, when would you guess we'll see the audit? My guess is mid-August.
Posts: 32 | From: Colorado | Registered: May 2006
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I don't know if a full reversal can be confirmed but maybe a light tip toe bounce off the bottom. I have a sneaking suspicion we will see some more of the same tommorow. I think there may still be time to get in cheap, unless we get a heads up of something.
