posted
"I think someone from RB is answering their e-mail."
Very curious and strange, isn't it? Why would a multi-million $ company hand its answering of shareholders inquiries over to a poster on a bulletin board?
Just doesn't seem right. I'd be a little upset if that is an accurate report. Any shareholder would have the right to be angered by that action, and a right to challenge the company for some real answers regarding it. Of course, some here don't even challenge the company to ungag the TA, so they might know the real share structure, a basic fact that anyone should know before investing, especially long term.
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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posted
I'm lickin my chops at these prices. The sharks smell blood but has the prey stopped bleeding? This sucker is getting ripe! I'll exercise restraint, however, and see what happens over the next few weeks. With the combination of "possible" dilution, short selling and tax write-offs the downward spiral could continue unless Phoenix releases some phenomenal news. I think January-February will see this stock back up to a few pennies min. - I'm guessing there could be PRs re AFs and that hype alone will boost the PPS. Perhaps an ungagged TA? All imho.
Posts: 287 | Registered: Mar 2005
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posted
wrong will I said yesterday it wouls hit .005 and I wish I was wrong
Member
Member Rated: posted 23-10-2006 23:50 -------------------------------------------------------------------------------- Of course I would believe them I fully agree with them it is going lower at least .005 but you are very lucky if you catch it at its low lows at the bottom
Posts: 6008 | From: phoenix az | Registered: Mar 2005
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posted
Damn pennies they all head south sooner or later and slaughter a bunch of people
Posts: 6008 | From: phoenix az | Registered: Mar 2005
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posted
WOW bond, you're being mighty agressive with the .003. I know you're upset with it, but if it goes that low that would mean massive dilution, they didn't have that many shares left in the treasury, man.
.0045 / .004, and the .004 be a quick take down price not real at all.
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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posted
They will be diluting and the weak hands will be bailing get ready to catch it there my friend you are the brains of the outfit I am just going on what I feel
Posts: 6008 | From: phoenix az | Registered: Mar 2005
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posted
Whoa! Wait a minute, man. Edit that post will ya? lol I'm not sure what kind of reversal you're talking about there, big boy. lol
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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posted
I don't either I am just having fun with this pos now Why not have fun with it
Posts: 6008 | From: phoenix az | Registered: Mar 2005
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posted
If you are a long and hit it right I would flip before old lard ass Alonzo does a R/S and finishes everybody off
Posts: 6008 | From: phoenix az | Registered: Mar 2005
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LOL, you have me on your ignore list, must be left overs from when you called me a "basher" amoung other things, fix it so I can give you some good picks, man.
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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posted
If a poster from R/B is answering the phone for pbls it most likely Mastercraft I have always wonderd about him he would do anything for a few thousand shares.
If that is the truth it is a completely disgusting sittuation
Posts: 6008 | From: phoenix az | Registered: Mar 2005
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posted
I think that was a reply to an email not via telephone ???
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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posted
I cancelled my order at .0050. It's going lower boys and girls. New order at .0040 and .0045
Posts: 1364 | From: Somebody from Europe | Registered: Sep 2005
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Will I sure as hell won't disagree with you. Obviously I'm still betting that PBLS is the .0001% company...and dear god I hope it's not headed to .0001. LOL. Anyway there is now question about flipping a few shares now. I have 500K that are headed to my house as we speak. I'll try and flip my way back to even with the rest I think.
For what it's worth I think bond is right. We are goig to touch .003. I still don't believe it's the company diluting.
And yeah at this point I conside rit money lost so lets have some fun with it.
posted
Paul Alonzo is the worst sales man I have ever seen if this is not dilution.
If there is no dilution and he can't this stock any higher than it is he is an idiot.
In other words if there is no dilution then Alonzo could not sell ***** in a lumber camp
Posts: 6008 | From: phoenix az | Registered: Mar 2005
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posted
Is there a big demand for cats in a lumber camp?
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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Posted by: momentumtrader In reply to: seeclear who wrote msg# 27577 Date:10/26/2006 2:25:20 AM Post #of 27581
I was fortunate to speak to Ron Blackburn today. Most times I try to catch him, he is in meetings, on the phone, or out of the office. The notice for eviction was a filing that the landlord made against PBLS. It is about the fifth attempt from my understanding. The company has hired very good legal counsel and is confident that their position will hold up in court. He also mentioned that the sand and gravel business is an extremely small part of their business in sales or profit. They are not going to give up the business, but it is a very small part of their business. The law from my understanding is very much in favor of PBLS. Their attorneys are extremely confident in their position. But when I mentioned to Ron that there is wild speculation about the company going bankrupt if they lose the pit. He laughed at such a ridiculous notion, and added the fact that they have millions of dollars of cash in the bank at their disposal. I asked him the question, does the share price affect the company going forward. He said not at all. The company is fundamentally very strong. He is looking forward to even a better year in 2007. The management plans on growing this company to a billion in sales. It might take a few years he added, but that is their intention. I probably spent 45 minutes talking to him, and covered a lot of ground. I asked him all the tough questions and very satisfied with all the answers I got. Yes they are doing everything in their power on getting their financials up-to-date to become a fully reporting company. It's a very big task with all their divisions, and it just takes time. But it will happen for sure. He said that the number one concern management has is focusing on the day to day operations of the business, and growing the business. Even though they don't like the share price being shorted the way it has been, they do feel the company will dig themselves out of this mess by performing. I could not agree more. I personally think the shorts are going to lose big on this one. That's why they're nailing it so hard. Once the company becomes fully reporting a whole new audiences is going to come into buying the stock. With a few quarters of earnings back to back increasing as well as net profits increasing will break the shorts back. At that point, this stock could run like mad. Good luck to all longs. Try not to worry about your short-term losses. Try to be confident about the future and not to worry. Good luck. I hope to meet some of you in a future shareholders meeting when we are all a lot wealthier.
Posts: 1364 | From: Somebody from Europe | Registered: Sep 2005
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posted
Posted by: Shizoku In reply to: None Date:10/25/2006 2:52:12 PM Post #of 27581
Just got off the phone with Ron Blackburn. Will give you my thoughts and recap later tonight. Do da, do da, whistling dixie do da...Let me check my membermarks...... I bet I got at least 3 more the past 10 minutes....Keeping everyone on edge of their seats...hehe Maybe I should start a PBLS newsletter? Oh wait someone did that... Whats was his name? Wonder how many membermarks he got from that? Time to check my membermarks again.... see if I got more...... Is it later tonight yet? Can't wait to see how many more member marks I get after I post "my thoughts".... Ok, enough of the waiting, ....Here's the jist of my call to Ron: The lawsuit on the pit: he is confident that they will win. Lower courts get overturned and believes the rule of the law is on PBLS side. There is a hearing on 11/02...I need to make sure on the date. Perhaps someone else will call and confirm this date. Eviction notice was not given to them just filed with courts. On pps: Grossly undervalued and just their real estate holdings have more equity than current pps. On O/S: less than 800 million shares. Company is not selling. On current buyback: anouncements on that soon. On NSS: there is a plan, tried to get details maybe nobo is one. On another lawsuit against a bank: Pbls won first appeal by a vote of 2to 1 (3 judge panel) Won next round of appeals with a 5 judge panel 4 to 1 vote. Now it's in supreme court of Louisiana. My thoughts: I am not pleased by the current pps but I believe in the company and believe this take down was manufactured. By who? I don't see this benefiting the company, they bought back shares but not that many to make a difference... Doesnt make since. I will wait the storm and add when I can. I hope we hit bottom today, but in pinks you never. We need confirmation from midas when trend is over.
Posts: 1364 | From: Somebody from Europe | Registered: Sep 2005
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posted
I firmly believe that GREAT things are on the way. I know everyone is worried about the pit, but the reality is the pit is a very small portion of what this company is. All in my um...not so humble opinion!
posted
I hope everyone is securly strapped in. This train is leaving the station. I believe there is some info on the way that will likely make this explode IMHO.
posted
MADISONVILLE, LA, Oct 26, 2006 (MARKET WIRE via COMTEX) -- Phoenix Associates Land Syndicate (PINKSHEETS: PBLS), a holding company with assets and/or interests in aviation, sand & gravel, soil products, land development, oil and natural gas, commodity brokering, trucking, contract hauling, construction, swimming pool construction and construction related industries, today released the following comments relating to its Murphy Sand & Gravel (MS&G) business unit.
Phoenix has become aware of a great deal of concern being expressed by many of its shareholders about the Phoenix MS&G mining operation in Pearl River, Louisiana. MS&G is located on Honey Island and is accessed via bridges from the north and the south. The operation has been, but is not currently a profit center for Phoenix since the Louisiana Department of Transportation has severely curtailed the truck load limits that can be carried over the bridges that access Honey Island. These bridges received quick but not permanent repairs after Hurricane Katrina and are not as yet recertified to carry the weight of fully loaded trucks. Now, more than ever the operation has limitations.
Phoenix is presently taking down old and dilapidated equipment at MS&G and beginning to install new and much more advanced equipment. Phoenix expects to begin operations with this equipment in late 2006 to early 2007.
In several news releases and most recently the release on September 26, 2006, Phoenix has tried to keep everyone informed concerning the ongoing litigations with this asset. The first piece of litigation relating to MS&G involves a bank in Picayune and a manufacturer in Picayune, Mississippi. The bank seized all of the MS&G equipment and completely shut down the operation on January 13, 2004. Phoenix continued to sell material it had previously mined and continued to develop the property to expand its mining operation. Phoenix also went to court to regain possession of its equipment. Phoenix was not sued in the litigation and Phoenix was not allowed to argue its points under the Louisiana Uniform Commercial Code which Phoenix believed should have protected its equipment from the bank and its unjustified claim against the equipment Phoenix purchased from the Mississippi manufacturer. Phoenix lost in the lower court but won twice in the Court of Appeals. Phoenix and the bank are now before the Supreme Court of the State of Louisiana and the Company should know the outcome in early 2007. All of the law the Company's attorneys have submitted to the court appear to indicate Phoenix should prevail. If Phoenix does prevail it will seek millions of dollars of damages from the bank and the manufacturer.
In the second piece of litigation, Phoenix sued the lessor of the property for continuous and torturous business interference. The lessor has used a number of attorneys in this case and Phoenix is now in the interrogatory and deposition stage. Phoenix will use a jury trial but this process has been delayed because of a third piece of litigation that was initiated several months ago. If successful in the business interference suit Phoenix would expect to receive several million dollars in damages when this lawsuit is resumed and finalized.
The third piece of litigation involves the lessor suing Phoenix for signing operational agreements to further develop the property. Phoenix developed these agreements when it lost all of its equipment to the Mississippi bank. The lower court determined that these operational agreements were sub-leases and were a material breach of the lease. Phoenix used a major New Orleans law firm to write the contracts but the court ruled that the contracts were a violation of the lease and the Judge cancelled the entire lease. George Denegre, Esq. of Liskow and Lewis believed that the contracts were a violation of the lease but our other attorneys believed we should have prevailed. All attorneys believe that the ruling was excessive with the cancellation of the lease. Phoenix has posted its bond and filed its appeal and expects to continue to operate for at least the next eighteen months while the appeal is litigated.
Phoenix has extremely strong case law and rulings by the Court of Appeals in other cases that indicate it should prevail and should be able to continue operations until 2023. Because of this strong belief, Phoenix is continuing to invest millions into the improvement of the MS&G mining operations regardless of the court's ruling. These cases will not affect the continued advancement of the interests of Phoenix and its stockholders regardless of their final outcomes.
About Phoenix Associates Land Syndicate (PBLS)
Phoenix Associates Land Syndicate (PBLS) is a public holding company, with thousands 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 aviation, 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.
posted
I have heard a rumor that they have a plan to combat naked shorting. They have been looking into a lot of options and I believe they may have settled on one of the options. This is all hear-say of course, but I think it's from a pretty good source. I talk with Mike Mulshine and others at the company fairly regularly and the general tone of everyone seems to have increases greatly over the last couple of days.
I'm not sure what the plan actually is, but I am pretty darn sure it will involve certs. and Yes I ordered the rest of my certs today.
posted
Maybe Paul is working "undercover" with the SEC to "get" the shorties, like Urban Cassavante was. Maybe thats the "plan". As for ordering certs, heh, all you gotta do is have your broker take them out of street name. Put a sell in at oh,say $1.00 per,and youll still be able to sell quickly when you need to. You dont NEED physical possession.
-------------------- It takes a lot of attaboys to make up for an aww chit Posts: 483 | From: OK | Registered: Aug 2005
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