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Strategies & Market Trends : SI Bonafide Hu$tlaz

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From: Zebba11/7/2005 10:58:28 AM
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Phoenix Announces Plans to Accelerate the Process of Becoming a Fully Reporting Company
Monday August 8, 7:00 am ET

COVINGTON, LA--(MARKET WIRE)--Aug 8, 2005 -- Phoenix Associates Land Syndicate (Other OTC:PBLS.PK - News), a holding company with assets in sand & gravel, soil products, land development, trucking, contract hauling, construction, swimming pool construction and construction related industries, today announced it plans to accelerate the move to become a fully reporting company.

Mr. Alonzo, President and CEO of Phoenix Associates Land Syndicate, announced that the Board of Directors made the decision to accelerate this process in an attempt to increase the price of our stock for our shareholders of the company. Our accountants and legal team will proceed with all possible haste to make our fully reporting status become a reality in the shortest amount of time.
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