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Hi all looks like for thoes that have had the pluck to hold will be rewarded don't get to involved with the day to day.
This will be something great over the long run and even with as little as 100,000 shares a person could get a return down the road that would be very good.
As for oil they don't even have to pump it to make money there leases in NV,MT. and WY ,if I have my states right, just keep on going up with the price of oil.
PS: Its to bad that your going to be rich to Alonzo. I hope you buy a resturant and eat your self into to a fat farm.
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Phoenix Associates Updates on Legal Activities Relating to Murphy Sand & Gravel Mar 1, 2007 10:33:00 AM MADISONVILLE, LA -- (MARKET WIRE) -- 03/01/07 -- Phoenix Associates Land Syndicate (Phoenix) (PINKSHEETS: PBLS) today released the following update on two pending litigation activities relating to its Murphy Sand & Gravel (MS&G) mining operations. The following information is provided by Thomas E. Schafer, III, Esq., the Company's lead attorney on these matters.
This information is being made available to the Phoenix shareholders so as to provide them with a more complete understanding of the progress of its legal activities relating to its sand and gravel operations at Murphy Sand & Gravel, Pearl River, LA.
Phoenix Associates Land Syndicate v. E.H. Mitchell & Co., L.L.C. and No. 203-12894, 22nd JDC For the Parish of St. Tammany Mr. Schafer's comments on this first legal matter are as follows: "In June 2003, Phoenix filed a petition to stop its lessor, E.H. Mitchell and Co., L.L.C. and its manager, Steven M. Furr, from interfering with its peaceful operation of the sand and gravel lease and to assess damages against the lessor for its past acts of interference which impeded Phoenix from developing an increase of income from its operation of the sand and gravel lease.
"Mitchell reconvened in that same suit, alleging that Phoenix had, among other things, entered into two (2) Operating Agreements, which were tantamount to prohibited sub-leases under the original lease. For several years, counsel for Phoenix and counsel for Mitchell were attempting to negotiate a mutual settlement in lieu of going trial. Counsel for Mitchell died an untimely death and substituted counsel for Mitchell returned to Court in an attempt to evict Phoenix from the leased premises.
"Mitchell filed a motion for summary judgment (that is, without a trial) based on the allegations that the two (2) Operating Agreements were actually sub-leases, and as such, violated the terms of the lease. The trial judge granted the motion for summary judgment on September 15, 2006, which declared the Operating Agreements to be sub-leases and as such, the lease was thereby terminated.
"Based on the opinion of its attorney that the granting of the summary judgment was not warranted under the law which controls summary judgments, Phoenix filed a suspensive appeal to the First Circuit Court of Appeals and posted a suspensive appeal bond in the amount of $100,000.00 cash. The suspensive appeal suspended the enforcement of the summary judgment which terminated the lease, thereby allowing Phoenix to continue to develop and operate the sand and gravel business on the leased premises, pending the outcome of the appeal.
"Since the perfection of the appeal, Mitchell had attempted to increase the bond to $1.9 million dollars, which was first rejected by the trial court and subsequently rejected by the Court of Appeal. Mitchell attempted to evict Phoenix, which was dismissed by the trial court. Mitchell attempted to amend its reconventional demand that Phoenix has committed further violations of the lease, which amendment was denied by the trial court. Mitchell attempted to require Phoenix to furnish further information on its operations under the lease, which was denied by the trial court.
"Also, since the perfection of the appeal, Phoenix has filed a new suit against Mitchell, Furr and Reginald Laurent, their attorney, for damages sustained by Phoenix as a result of Mitchell, Furr and Laurent attempting to illegally evict Phoenix from the premises after the suspensive appeal had been perfected and also, for filing a temporary restraining order without following the requisites of Louisiana Law. The temporary restraining order was first granted by the trial court and subsequently dismissed by the court after counsel for Phoenix brought to the attention of the court the failure of counsel for Mitchell and Furr to adhere to the Louisiana Law in requesting a temporary restraining order.
"It is the opinion of counsel that a decision will not be rendered by the Court of Appeal on the appeal of the granting of the motion for summary judgment for approximately one year, at which time either party to the appeal could then apply for supervisory writs to the Supreme Court, which would take about six months longer. Only at that time could Phoenix continue with its suit against Mitchell, Furr and Laurent for interfering with its peaceful operation of the sand and gravel lease. In the meantime, Phoenix will continue to pursue a settlement with Mitchell which would maintain Phoenix in peaceful possession of the sand and gravel lease for an extended period of time."
First National Bank of Picayune v. Pearl River Fabricators, Inc. No 2004-10184, 22nd JDC for the Parish of St. Tammany Mr. Schafer's comments on this second legal matter are as follows: "Phoenix purchased a dredge, still under construction, and shaker plant from Growth Fund Industries on December 11, 2001, which dredge and shaker plant had been purchased by GFI from Pearl River Fabricators, Inc, located in Picayune, Mississippi, on November 23, 2001. Unknown to both GFI and Phoenix, Pearl River Fabricators had borrowed $200,000 from FNB of Picayune on December 11, 2000 and gave a security interest in the dredge and shaker plant to secure the loan and recorded the security interest in Mississippi on July 24, 2001.
"In the spring, 2002, Pearl River Fabricators completely delivered the dredge to Phoenix at its mine site in St. Tammany Parish, Louisiana. On November 17, 2003, nineteen (19) months after the dredge and shaker plant had been moved by Pearl River Fabricators to Louisiana, from its construction yard in Picayune, Mississippi, (the same city in which First National Bank of Picayune was located) the bank recorded the security interest in Louisiana, and two months later, First National Bank of Picayune filed a suit in Louisiana and seized the dredge and shaker plant.
"Phoenix filed a petition in that suit for a release of the seizure on the dredge and shaker plant on the legal grounds that Louisiana Revised Statues 10:9-316 requires the lender to perfect its security interest in the new jurisdiction where the dredge and shaker plant were located (in this case, Louisiana) within one (1) year after the dredge and the shaker plant were moved from Mississippi to Louisiana. The trial on this issue was held on May 3, 2004, whereupon the trial judge declared that the Mississippi security interest was still valid and allowed the seizure and sale of the dredge and shaker plant to proceed.
"A devolutive appeal was filed on behalf of Phoenix with the First Circuit Court of Appeals for the State of Louisiana. On May 31, 2006, a five (5) judge panel of the First Circuit Court of Appeals, after hearing arguments advanced by counsel for Phoenix, reversed the trial court judgment and declared that the seizure of the dredge and shaker plant was illegal since the bank had not filed its security interest in the State of Louisiana within one year after the dredge and shaker plant had been moved by Pearl River Fabricators to the State of Louisiana.
"Upon application by the First National Bank of Picayune, the Supreme Court of Louisiana granted supervisory writs to review the aforesaid decision of the First Circuit Court of Appeals. The matter will be argued before the Supreme Court on April 10, 2007."
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 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
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quote:Originally posted by Persia: I see a healthy pullback today and over the next days. Chart looks overbought indeed. I'm guessing our support will be the 200dma.
I sold some at .022 and .021
This is Time to get all the fuel back into the fire. The way they are going Persia will be posting the next PR Monday Night Tuesday moring
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you are nailing your PBLS trades lately. Now can you call the bottom to get back in?
I'm still betting we test the 200 in the next day or so. It's hard to say because everything purchased at this point is a gauranteed awsome return if you send the certs in.
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you are nailing your PBLS trades lately. Now can you call the bottom to get back in?
I'm still betting we test the 200 in the next day or so. It's hard to say because everything purchased at this point is a gauranteed awsome return if you send the certs in.
We did and I bought Now I have way to much again hahah Persia will post our PR next week
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Press Release Source: Phoenix Associates Land Syndicate
Phoenix Associates Division, Murphy Sand & Gravel, Commits to 24 Hr/Day, 6 Day/Week Mining Operation Tuesday March 6, 5:00 am ET
Intense Demand for Gravel & Sand Drives Growth at MS&G's Pearl River, Louisiana Mine; Five Mining Sites to Be Operational Within Three Months
MADISONVILLE, LA--(MARKET WIRE)--Mar 6, 2007 -- Phoenix Associates Land Syndicate (Phoenix) (Other OTC:PBLS.PK - News) today announced that the Murphy Sand & Gravel Division of Phoenix (MS&G) will go to a 24 hour per day, 6 day per week sand and gravel operating schedule as of March 2007.
ADVERTISEMENT click here Paul Alonzo, Chairman and CEO of Phoenix, stated, "Demand is so intense for our gravel and sand products, that with the Cherokee Environmental agreement commencing deliveries, we must increase the production volume from the MS&G mine immediately. To meet our growing production demands we will be continuing to bring in and install new equipment to provide for additional production sites at the mine."
MS&G currently has two operational sites producing sand and gravel products. In line with plans to significantly expand production capacity to keep up with demand, a new 14x12 dredge is to arrive on or about Tuesday, March 6th. Once this new dredge is connected to a screening plant, MS&G will have three operational production lines. The Company's plans call for five operating sites at the mine to be producing sand and gravel products within 60-90 days.
Mr. Alonzo added, "Upon bringing our production operation up to five production sites over the next two to three months, we will then be able to take on contracts for our gravel and sand products from a number of new customers that we are not now able to handle."
Additionally, Phoenix management has decided to install a web cam at the MS&G site. The web cam will be linked to the Phoenix web site so that shareholders will be able to view ongoing operations and future expansion activities at the Pearl River mine site. Shareholders will be informed once this web cam is operational.
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 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.
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Seems Imrish over on RB has turned extremly optimistic in the last couple of days. Maybe he finally got through to the right people at the company.
I'm still as antsy as everyone, but I will say the company bought my patience by making the 6 cents prefereed share offer. They have no plan of removing that offer and I have heard they are willing to move the offer up in the event the pps goes over 6 cents.
We made it past the giant SEC sweep yesterday without getting delisted...not that I'm suprised. Alot of people are speculating that we get real numbers this month...I hope so, but even if not my patience has been bought for a time.
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I sure as heck hope they keep going. It's time to start putting the pressure on companies to have a more full disclosure if they are going to use investor money...yes even PBLS.
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Good morning. What TA factors do you look at to estimate that a good base is forming in the 0.020's? I'm still trying to learn all I can about TA and all its intricacies.
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In time boys, anything below .02 is a steal!!!
This stock will have little movement with PRs...
Everyone knows the 3 big pieces of news that will move this stock up fast and for a long time....But only those 3 will do that...I look for em sometime mid June!!
I have been flipping some others pretty good lately and will get a large position back in this very soon...LOL but i mean it...
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Nothing new on ihub...you know pretty much hashing out the same ole same ole.
Everyone is in a holding pattern. I know of about 50M certs that have been sent in. Probably a lot more than that. there should be some sort of video of company operations in the next months or so. Some investors have have been working on it. Should be interesting...I believe it has some footage of another aquisition that we haven't heard of yet.
Basically I have quit watching this stock everday. I have a large buy order at 1 cent and I have a sell for 1M at 10 cents set GTC. I have a million in certs that I plan to send in for the divy...if I ever get back to Albany NY and get them out of the saftely deposit box. The rest I'm holding for the real gain.
I'm still thinking it could be a couple of years for PBLS to play all the way out...but I do expect to get numbers this year...lol...."soon"
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MADISONVILLE, LA, Mar 28, 2007 (MARKET WIRE via COMTEX) -- Phoenix Associates Land Syndicate (Phoenix) (PINKSHEETS: PBLS) announced today that its Best Jets subsidiary based in Denison, Texas is in the final stages of completing its first Best Jets 21st Century Learjet 25 "Platinum Edition" aircraft.
FAA D.E.R. and Manufacturer Flight Test Pilot, Jack Francisco, along with Co-Pilot Hunter Cuthbertson lifted N229WJ Learjet 25D Serial 229 into the air on Wednesday, March 14, 2007 at Stevens Aviation in Nashville, TN, flying for the first time ever a Learjet Model 25 equipped with Universal's Synthetic Vision 890R glass cockpit. This innovative avionics system establishes a new safety threshold by graphically projecting onto the Pilots Flight Display the earth's terrain as it would be seen through the windshield by the pilot on a clear day. This system is designed to reduce the number of aircraft accidents, caused by controlled flight into terrain.
Frank Golden of Stevens Aviation has overseen the installation of the Universal System into the Learjet from start to finish. He says this project has been the highlight of his career and has mustered every bit of his considerable avionics expertise. The project encompassed 11 Supplemental Type Certificates and a graduate degree in Space Management.
Best's Platinum Edition Learjets are equipped with:
-- 10,000 Hour/12,000 Cycle General Electric CJ-610 Engines upgraded with
General Electric's Solid Spool Compressor Rotor.
-- Universal 890R Synthetic Vision Glass cockpit with "Vision 1."
-- Universal's Application Server Unit providing WSI Weather and Charts
for a paperless cockpit.
-- CJ 610 Engine Hush Kits that comply with Stage III noise regulations
that bring Learjet 23, 24 & 25 series aircraft into full noise compliance.
-- Custom Artist-Aire Paint and Interior by Kate Woolstenhulme.
Roger Humiston, President and Founder of Best Jets, was overwhelmed and delighted to see that his vision for this legendary aircraft had finally become a reality. Mr. Humiston stated, "This cutting-edge technology will now place the Platinum Edition Best Jets aside any Glass Cockpit equipped business Jet." Best Jets is a wholly owned subsidiary of Phoenix Associates Land Syndicate.
Paul Alonzo, Chairman of the Board, indicated that Phoenix Associates Land Syndicate was proud to be part of this historic aviation achievement and would continue to seek advancements to this technology-based industry.
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12h00PM New York time is 18h00PM our time here in Europe. I don't got to bed at 6PM Realperson...lol. Usually still at work. Been very busy lately.
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