posted
OS. Actually we know the OS is no more than 890 Mill. If they buy back another 100 Mil then the most it would be is 790 Mill. I think it might even be less...a lot less.
I was told flat out that they don't need to sell stock to get money. They are making more plenty of money from the pit and other businesses to grow.
"I'm still optimistic, but wary, as it is a pink, and I'll be looking for what isn't said as much as what is in Paul's comments tomorrow. Here's to good luck for all of us."
Well said. You can learn a lot just by listening to someone's voice.
Phoenix Associates Land Syndicate: Constructing Better Living Conditions Posted on Thursday, July 27 * 08:53:23 CDT
By Katia Rodriguez
COVINGTON, LA (July 27, 2006) -- Phoenix Associates Land Syndicate has announced that it has received an order for 2.5 million cubic yards of material from its Murphy Sand & Gravel mining site in Pearl River, La.
The order is to be filled in 35 - 45,000 cubic yard releases that will go to the US Army Corps of Engineers via second level contractors.
Paul Alonzo, president and CEO of Phoenix Associates, said, "This is by far the largest single order for product ever received at the MS&G site. We at Phoenix look forward to working with our friends and associates at United Soils, especially Ron Omilian, their president."
This material is to be used for the rebuilding of the greater New Orleans area and the Gulf region after the devastations caused by the 2005 hurricane season.
Phoenix Associates Land Syndicate (Pink Sheets: PBLS) is a public holding company focusing on the acquisition and development of companies 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.
The company was founded in 1978 and has 13 locations throughout the United States. It was incorporated to change the location of American Western Resources Inc. headquarters from the Delaware to Nevada.
On July 19, Phoenix Associates Land Syndicate applied for and received a drilling permit for a 7,500-ft wildcat well targeting Dakota on the southwestern flank of the Powder River Basin.
John Barksdale, president of Rome Oil & Gas, one of Phoenix Associates subsidiaries, said, "We are making progress on our Natrona County, Wyo. lease holdings and while we have not yet set a date to start drilling, we are pleased that we now have the drilling permits in place."
Barksdale added, "While we can not yet put hard numbers on the potential for this drilling site, we are encouraged be the success of other drilling that has occurred in close proximity to these leases. As we said in an earlier release, consultants to the company, John J. Wanner C.P.E. and James O. Breene, Jr., geologist, through communication and research, have estimated that our reserves could be in excess of 8,100,000 barrels minimum and 13,100,000 barrels maximum. At $60 per barrel, such reserves could yield a valuation of $486 million minimum and $786 million maximum."
Revenues for the full-year 2005 increased to $165,971,862, up strongly from $465,452 in 2004.
Alonzo 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 and 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."
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."
Since the beginning of this year, Phoenix Associates Land Syndicate has completed the acquisition of TCB Properties, U.S. Inc., a Florida corporation, Sam's Oil Country Inspection Services Inc., CM Ideal Energy Services Inc., CM Ideal Energy Directional Drilling Services Inc. and ProGas Inc. of Covington, La., a natural gas and oil marketing company.
Posts: 32 | From: Colorado | Registered: May 2006
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Phoenix Associates Land Syndicate: Constructing Better Living Conditions Posted on Thursday, July 27 * 08:53:23 CDT
By Katia Rodriguez
COVINGTON, LA (July 27, 2006) -- Phoenix Associates Land Syndicate has announced that it has received an order for 2.5 million cubic yards of material from its Murphy Sand & Gravel mining site in Pearl River, La.
The order is to be filled in 35 - 45,000 cubic yard releases that will go to the US Army Corps of Engineers via second level contractors.
Paul Alonzo, president and CEO of Phoenix Associates, said, "This is by far the largest single order for product ever received at the MS&G site. We at Phoenix look forward to working with our friends and associates at United Soils, especially Ron Omilian, their president."
This material is to be used for the rebuilding of the greater New Orleans area and the Gulf region after the devastations caused by the 2005 hurricane season.
Phoenix Associates Land Syndicate (Pink Sheets: PBLS) is a public holding company focusing on the acquisition and development of companies 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.
The company was founded in 1978 and has 13 locations throughout the United States. It was incorporated to change the location of American Western Resources Inc. headquarters from the Delaware to Nevada.
On July 19, Phoenix Associates Land Syndicate applied for and received a drilling permit for a 7,500-ft wildcat well targeting Dakota on the southwestern flank of the Powder River Basin.
John Barksdale, president of Rome Oil & Gas, one of Phoenix Associates subsidiaries, said, "We are making progress on our Natrona County, Wyo. lease holdings and while we have not yet set a date to start drilling, we are pleased that we now have the drilling permits in place."
Barksdale added, "While we can not yet put hard numbers on the potential for this drilling site, we are encouraged be the success of other drilling that has occurred in close proximity to these leases. As we said in an earlier release, consultants to the company, John J. Wanner C.P.E. and James O. Breene, Jr., geologist, through communication and research, have estimated that our reserves could be in excess of 8,100,000 barrels minimum and 13,100,000 barrels maximum. At $60 per barrel, such reserves could yield a valuation of $486 million minimum and $786 million maximum."
Revenues for the full-year 2005 increased to $165,971,862, up strongly from $465,452 in 2004.
Alonzo 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 and 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."
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."
Since the beginning of this year, Phoenix Associates Land Syndicate has completed the acquisition of TCB Properties, U.S. Inc., a Florida corporation, Sam's Oil Country Inspection Services Inc., CM Ideal Energy Services Inc., CM Ideal Energy Directional Drilling Services Inc. and ProGas Inc. of Covington, La., a natural gas and oil marketing company.
Posts: 32 | From: Colorado | Registered: May 2006
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posted
Sounds like that bought the "Texaco" of the jet fuel market a huge co. with 16 locations based out of Dennison.
Also I just sold LFWK for a 320% increase over just two weeks and bought more pbls
Posts: 1068 | From: Utah and Put-In-Bay Ohio | Registered: Jan 2004
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posted
From what I hear it's sounds like it went ****ty at first, but at the end Paul blew the doors wide open. This stock is money in the bank...good times ahead.
posted
Gnulnx If you didnt hear the show He said he was releasing the Info in writing The news sounds Huge
Posts: 1068 | From: Utah and Put-In-Bay Ohio | Registered: Jan 2004
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posted
I sure will be glad once the person selling gets done. Someone has been selling a lot of shares over the last couple of months...I think it is one person or one organization.
He said we are one year into a three year program Not sure if that means transparency. But judging from the way the news about this huge Jet fuel deal came out of left field the tranparency will happen the same way.
He also said this generation looks for instant gratification, "We are a real company with brick and mortor"
Posts: 1068 | From: Utah and Put-In-Bay Ohio | Registered: Jan 2004
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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.”
-------------------- Not so "n00b" any more. Posts: 225 | From: Chicago | Registered: Oct 2005
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posted
Not sure why they need planes to get from site to site...but whatever. I'm still waiting to see the pretty picture on the front of the tapestry...
posted
Taber I hear ya man. Looks like it's going to be a while longer yet. I'm going to try and get more funds to buy some more with...the price is great right now.
posted
There was only ONE buy at .024 and dat was me I feel so special
We should have a PR for tommorw with the news of the Jet thing and the side drilling etc. To get a payoff like we just got from lfwk we need a little patience and to be loaded when the eagle Sh-ts
Posts: 1068 | From: Utah and Put-In-Bay Ohio | Registered: Jan 2004
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posted
I don't get it. Money after money after money and still in the .02's...
Posts: 1364 | From: Somebody from Europe | Registered: Sep 2005
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NEW ORLEANS, LA – July 25, 2006 – Phoenix Associates Land Syndicate (Other OTC: PBLS), 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, chickens, hens, go-carts, garden weasels, pens, pencils, flowers, bed sheets, trash cans, boats, planes, trains, shovels, picks, axes, bird baths, farming, landscape, trees, shingles, and oh heck, anything we can get our hands on announced today, the company has bought every type of business on the face of the planet, but is now in negotiations to buy Wal Mart. This way the company won't have to spend time going to the grocery store, gas station, or anything else since their entire life’s supply will be in house.