posted
Now that is a pr I am still in and like I have always said after this next presidential election this will move
Posts: 6008 | From: phoenix az | Registered: Mar 2005
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posted
If Paul Alonzo ever becomes president I'm moving to Costa Rica.
I think the next few months are going to be very interesting for this stock. I don't see much downside risk unless you panick and sell subpenny. I still distrust managment and I don't like the idea of another 750M shares being authorized. But I REALLY like the idea of another company owning a large enough chunk of PLBS that they will have interest in forcing Ron and Paul to do the right things.
The news over the next couple of weeks is going to be very interesting I think.
Posts: 1443 | Registered: Apr 2006
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posted
I dont like how they are getting shares and the rest they will be buying. Are they restricted? Can they dump the shares as soon as the contract comes to? Who are the clients? Very vague in naming the companies they are working with..How do we know a deal is going through and they are not just diluting more shares? I have been in this over a year and half now..Should have seen it coming back when a few weeks ago the PPS was high and all of a sudden shares were dumped causing it to drop..someone knew something..
quote:Originally posted by gnulnx: If Paul Alonzo ever becomes president I'm moving to Costa Rica.
I think the next few months are going to be very interesting for this stock. I don't see much downside risk unless you panick and sell subpenny. I still distrust managment and I don't like the idea of another 750M shares being authorized. But I REALLY like the idea of another company owning a large enough chunk of PLBS that they will have interest in forcing Ron and Paul to do the right things.
The news over the next couple of weeks is going to be very interesting I think.
Posts: 209 | From: New Orleans | Registered: Feb 2006
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posted
My statement has nothing to do with P/A just wait and you will see remember where you heard it
Posts: 6008 | From: phoenix az | Registered: Mar 2005
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posted
I guess now we can see what will happen. Dilute or buying.. " They have committed to over the counter purchases of approximately two thirds of the amount they require, " that does not say much!!! the could require 100,000 shares for all we know..HELL who requires this now? doesnt say! maybe ill pay them a visit and demand answers..only a 45 min drive, if i know where im going, apparently they live in the woods, already got lost there before
quote:Originally posted by gnulnx: Nevade SOS has been amended. We officially have 2.5B shares authorized
posted
Press Release Source: Phoenix Associates Land Syndicate
Phoenix Associates Extends the Voting Preferred Stock Participation Program Tuesday July 31, 8:30 am ET
Company Announces Extension of Deadline to October 31, 2007 for Shareholders to Convert Common Stock Into Voting Preferred Stock; Conversion Program Was Set to Expire on August 10, 2007; Recent Board Decision Making All Preferred Stock Transferable and Assignable Has Increased Interest in the Conversion Program
MADISONVILLE, LA--(MARKET WIRE)--Jul 31, 2007 -- Phoenix Associates Land Syndicate (Phoenix) (Other OTC:PBLS.PK - News) announced that it has extended the deadline for shareholders that wish to take part in the voting preferred stock participation program from August 10, 2007 to October 31, 2007. ADVERTISEMENT
The Board decision to extend the deadline was motivated by increased shareholder interest in the conversion program due to the recent decision to make all Phoenix preferred stock transferable and assignable. With only about two weeks left under the old August 10th deadline to pull their certificates and deliver them to the Company, many shareholders were asking for more time to avail themselves of this conversion opportunity.
It was back on February 15, 2007 that Phoenix first announced that it would be converting 62.5 million of its authorized shares of preferred stock, $10 par value, to "voting" preferred stock, $10 par value, so as to make voting preferred shares available for this program. The new voting preferred stock, which is now transferable and assignable, will pay an annual dividend of 6% which will be paid quarterly. Phoenix will redeem the preferred stock within five years from the date of issuance.
Phoenix shareholders are hereby reminded that they will have a value of $.06 placed on each share of common stock they submit for conversion by the extended date of October 31, 2007. Thus, for each 167 shares submitted for conversion the shareholders will receive one share of $10 par value voting preferred stock. Each voting preferred share will have 167 votes. Holders of the voting preferred stock will receive an annual 6% cash dividend (paid quarterly) and the voting preferred shares will be redeemed within five years.
Any shareholder that wishes to participate in this common to preferred stock conversion program please:
1. Send your common stock certificate via "Certified - Return Receipt Requested" mail to:
Phoenix Associates Land Syndicate P.O. Box 1358 Covington, LA 70434-1358
2. With your certificate send a letter in your own words, stating that you wish to trade these shares of common stock for the Phoenix voting preferred stock conversion offer at $0.06 per share and that you request your voting preferred stock be sent within thirty (30) days.
3. Sign the back of your certificate as the seller and send along with your letter.
4. Phoenix will handle the ensuing paperwork and will send your voting preferred stock within thirty (30) days of the receipt of your letter and your signed certificate. About Phoenix Associates
Phoenix Associates Land Syndicate is a holding company with assets 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.
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: For More Information Contact: Mike Mulshine Osprey Partners (732) 292-0982 osprey57*optonline.net
-------------------------------------------------------------------------------- Source: Phoenix Associates Land Syndicate
Posts: 209 | From: New Orleans | Registered: Feb 2006
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posted
Honestly I would rather have my money tied up for 5 years with a high yield money market account or CD. Or even a junk bond. Sorry but their not getting me in.
quote:Originally posted by NEL: Anyone doing this?
Posts: 209 | From: New Orleans | Registered: Feb 2006
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posted
Depending upon who the new partner is I may decide to send in 1M shares that I already have certed. The other 5M or so will be flipped as opportunity arises.
I've been as bullish as a person could be on this stock for a long time, but at this point I think the best anyone is going to hope for is 10 cents in 2 years...MAYBE.
I personally want to see management replaced and a new BOD put in place. Pipe dream? Yeah.
posted
Phoenix Associates Announces Acquisition, Additions to Staff and Major Contract Company Adding Rock Concrete, LLC to Its Aggregate Division; Vince Promuto and Mike O'Riley Join Executive Staff; KOMEX Export-Import Contracts for 30 Million Metric Tons of Blended Aggregate Products Aug 3, 2007 10:35:00 AM MADISONVILLE, LA -- (MARKET WIRE) -- 08/03/07 -- Phoenix Associates Land Syndicate (Phoenix) (PINKSHEETS: PBLS) today announced a number of significant developments related to its Aggregate Division, including the addition of Rock Concrete, the addition of Vince Promuto and Mike O'Riley to staff positions, and a major contract with KOMEX Import-Export for 30 million metric tons of Blended Aggregate Products.
Paul Alonzo, President & CEO of Phoenix, stated, "We are adding Rock Concrete, LLC, an international wholesaler of all types of aggregate products, to our Aggregate Division. Rock Concrete is being converted from an LLC to a Nevada corporation, and will be headquartered in Madisonville, Louisiana."
Mr. Alonzo added, "I am pleased to announce the additions of Vincent Promuto and Mike O'Riley to key staff positions within our Aggregate Division. Vince has joined our Company as Director of Acquisitions for mining and aggregate related equipment worldwide, while Mike O'Riley has assumed the position of Executive Vice President of International Operations."
Mr. Promuto's background is wide and impressive. Vince played professional football for the Washington Redskins for 11 years and was a Pro Bowl Selection two times during his pro career. After his professional football career, Vince held the position of Director of Public Affairs for the U.S. Drug Enforcement Agency and served as a special U.S. attorney in Washington, DC and New York. Vince had large investments in the waste management business in New York and now has interests in trucking and mining in the Northeastern United States.
Mr. O'Riley has a mining engineering degree and has worked in the mining business all around the globe. Mr. O'Riley comes from a background of five generations of mining expertise.
Mr. Alonzo commented further, "It is with the greatest of pleasure that we want our shareholders to know that because of our partnering in the aggregate business, Phoenix has received a purchase contract for Blended Aggregate Products from KOMEX Export-Import, a major export-import company headquartered in Poland, with offices in Canada, Switzerland, United Arab Emirates, and the United States. KOMEX is a worldwide user of blended aggregate products."
This initial KOMEX contract is for 30 million metric tons of blended aggregate products at $44/metric ton at the Company's production site in the USA. The delivery schedule as per the contract calls for a minimum of 500,000 metric tons per month for 60 months. These products are for delivery to Poland. This contract calls for a renewal for up to ten years.
KOMEX will post a three percent (3%) cash performance bond up front with Phoenix.
The method of payment to Phoenix under this contract is by irrevocable, revolving documentary letter of credit, confirmed by a world-class top 25 western European or American Bank, payable 100% at sight, against agreed shipping documents.
Phoenix indicated that additional contracts are currently being negotiated for the Aggregate Division, and that the Company is quickly expanding to an international level in oil and gas, and aviation as well. Many informative news releases will continue to be forthcoming so as to keep our valued shareholders informed.
Posts: 381 | From: Cincy | Registered: May 2006
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Press Release Source: Phoenix Associates Land Syndicate
Phoenix Associates Opens Transfer Agent Friday August 3, 11:10 am ET
MADISONVILLE, LA--(MARKET WIRE)--Aug 3, 2007 -- Phoenix Associates Land Syndicate (Phoenix) (Other OTC:PBLS.PK - News) announced today that its Transfer Agent, Atlas Stock Transfer Corporation of Salt Lake City, UT will be open to communicate with shareholders effective Monday, August 6, 2007 with regard to the shares of the company's stock that may be issued and outstanding. ADVERTISEMENT
About Phoenix Associates
Phoenix Associates Land Syndicate is a holding company with assets 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.
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: For More Information Contact: Mike Mulshine Osprey Partners (732) 292-0982 osprey57*optonline.net
-------------------------------------------------------------------------------- Source: Phoenix Associates Land Syndicate
Email Story Set News Alert
Posts: 6008 | From: phoenix az | Registered: Mar 2005
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posted
Now is time to to activate this board again I don't have the time anymore with all the cuts by Bush to corrections all of us in administration have been working night and day. See you guys at the victory party.
Posts: 6008 | From: phoenix az | Registered: Mar 2005
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Phoenix Announces Increase in KOMEX Contract Monday August 6, 1:22 pm ET
KOMEX Export-Import Contracts Increased From 30 Million Metric Tons of Blended Aggregate Products to 150 Million Metric Tons Over Five Years
MADISONVILLE, LA--(MARKET WIRE)--Aug 6, 2007 -- Phoenix Associates Land Syndicate (Phoenix) (Other OTC:PBLS.PK - News) today announced that its current total capacity to produce blended aggregate products has been purchased by KOMEX Export-Import. ADVERTISEMENT
Paul Alonzo, President and CEO of Phoenix, stated, "Phoenix currently has the ability to increase its production capacity to 2.5 million metric tons per month of blended aggregate products. After our last news release this past Friday on the 30 million metric ton order over five years, Mike O'Riley and Vince Promuto have agreed to honor KOMEX's request to purchase our entire production for five years, with a five year extension if desired."
Mr. Alonzo added, "This additional contract from KOMEX brings our committed orders to 150 million metric tons over five years or 2.5 million metric tons per month for 60 months. The total value of this five-year agreement as structured is $6.6 billion or $110 million per month."
The Company indicated that production will be ramped up during the balance of 2007 with full production by January 2008. Additional equipment is being purchased for crushing, excavating, and blending the blended aggregate products so as to meet production schedules.
Phoenix will be releasing equipment purchases, other acquisitions currently underway to increase current capacity, and also required transportation acquisitions to properly move the massive amounts of product to ports for export.
Phoenix will continue to keep its valued shareholders informed as further information comes available.
About Phoenix Associates
Phoenix Associates Land Syndicate is a holding company with assets 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.
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: For More Information Contact: Mike Mulshine Osprey Partners (732) 292-0982 osprey57*optonline.net
-------------------------------------------------------------------------------- Source: Phoenix Associates Land Syndicate
Posts: 6008 | From: phoenix az | Registered: Mar 2005
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posted
FROM THE WEB SITE ------ Deeper Value for Decades to Come Murphy Sand & Gravel comprises the Phoenix mining division. This 820-acre site in Pearl River, Louisiana has enough raw materials to sustain more than 20 years’ profitable operation, with estimated reserves between $190M and $325M. Its output helps make concrete, building materials and roads. ----------------------- FROM THE PR ------- Mr. Alonzo added, "This additional contract from KOMEX brings our committed orders to 150 million metric tons over five years or 2.5 million metric tons per month for 60 months. The total value of this five-year agreement as structured is $6.6 billion or $110 million per month." ------------ whats wrong with this picture?????? personaly i dont buy it! wich is to say i do not beleive a single word of this PR! JMO!!!
Posts: 2503 | From: connecticut | Registered: Mar 2005
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posted
there are however plenty of reasons to have doubt.
Is with every Pink thats why I love um. Sold some at .0245 then the PR hit Still have my long position.
The large buys this morn sure didnt look like retail. I expect the buying to continue like this for a while.
Posts: 1068 | From: Utah and Put-In-Bay Ohio | Registered: Jan 2004
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If they were perfectly trustworthy then every analyst on wall street would cover then and there would not exist a good time to buy them.
As for the volume I'd guess that someone (probably our partner) is starting to accumulate a large position. What will be very interesting to observe is how much dilution occurs during the next couple of months while they acumulate this very large position.
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