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Non-Tech : PBLS - Phoenix Associate Land Syndicate, Inc.
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To: alenor who wrote (157)5/15/2007 1:48:05 PM
From: alenor   of 163
 
Murphy sand probably holds this one up. More a question of holding for a while.
That Preferred Stock Participation program sounds strange. Getting more than triple current value, followed by 6% div which looks like 18 to 20% interest! Am I missing something here? And after the 5 years, you reverse the process?
alen
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