A little DD from other boards:
Thanks for posting Jim's comments from his visit to the Phoenix office in December 2005. I fully agree with what he said, and If you don't mind I'd like to share some of my observations and thoughts with regards to my visit to Phoenix's office in December 2005. I realize that not everyone has the time to travel to Madisonville, LA, and this might help them to understand the company a bit better. As you know I too met with the CEO, Paul Alonzo, Director of Acquisitions & Business Ron Blackburn, & Dennis Kowalski, who now has just been appointed Vice president of Operations. After talking with Dennis, I really got the feeling that he would be a great asset to the team that Paul is gathering around himself to run the rapidly expanding company.
I believe that one of the most important things a company can have if they are going to go from a good company, to a great company, is great Team leadership management. From what I saw on my visit to the office in Covington, and the new office in Madisonville, the staff at Phoenix are very happy to be part of the, "Team", and that good trustworthy management will take this company far in the coming years IMO. I was told that Phoenix management considers it's staff and shareholders all part of a team, and that management will do all that they can to build a winning team.
Prior to my visit to the Phoenix office I felt that this was a good stock to own, but could not really be sure because much of what is posted is others personal opinion, which is also good, but at the end of the day it's still my money I must risk. As well with out the company being fully reporting and having an audit done, it's hard to get the full picture. I'm sure that most investors have came across company that had great PR's but never lived up to them. It seems to me that Phoenix is one of these exceptions that will live up to it's PR's, and this should come out when the financials are audited and published.
Ron Blackburn met me at the New Orleans airport, and during my two day visit I could clearly see that Paul, Ron, and all the Phoenix staff really value their shareholders. I was very impressed by all I saw during my visit. I have a special thanks to Johnny Zornes, of Bayou State Trucking, for his time in showing me so much, and for going out of his way to get up very early to drive me to the Baton Rouge airport for my flight home.
The Management is happy for shareholders to come and pay a visit, as stated in the Oct. 26th PR, and I'm sure that even though they are all very busy, they will try to arrange a time in the day for shareholders to meet with them, even if it means making some special arrangements.
This visit did more than any thing else to put me at ease about my investment, and I have added another 2 million shares since my visit. Fortunately this was done well below the 0.02 SP, however I still believe we are just seeing the beginning, and hope to buy another 300K tomorrow. It seems that the train is just pulling out of the station. Time to get on for the ride.
Looking forward to fully reporting status, and the move to the OTCBB. One of the reasons that the SP is moving up is because investors are seeing that this is really going to happen and they don't want to be left behind IMO. I can't blame them.
I believe that PBLS will soon be like ZENX, only much better, as Phoenix's total revenue has grown 10 times faster that ZENX's, and we have a rapidly growing Oil & Gas division, along with much more in construction, and sand & gravel.
To all the longs,let's hold on to out shares for the big gains which should be coming, and I believe that while 2006 will be a great year, 2007 will be even better! IMO.
Kimac
Comment by another poster:
Here is a company in New Orleans Louisiana that has parlayed great cash flows from an 880 acre Sand, Gravel and soil mine into a truly amazing conglomerate. From the Sand @ Gravel mine they have invested the profits into three additional construction companies. They have also acquired a huge trucking consortium. All prior to the devistating Katrina disaster.
The cash flow from these enterprises has allowed them to aquire three Oil @ Gas companies with 18 producing wells and nine more tabled to come on stream.
These combined cash flows have allowed them to buy three additional Oil Leases with very high probabilities of being major success stories..All for cash..No shares..No dilution.
They have been diligently having their books put in order to qualify for a listing on a major exchange. This process has been ongoing for some time..Expect an announcement in the near future..
Their aquisition of PROGAS in the past three weeks enhances delivery of their own oil to market through this distribution system. The list of clients participating in this system has to be quite a size to have revenues of $190 million for 2005. These are audited fiqures. look at the leeds here alone for further aquisitions or joint ventures that the company has access to.
This PBLS is far under the radar and the street has not as yet been privy to what is rapidly transpiring. The company has fullfilled every intention they have PR'd to date. Anticipated revenues are off the chart.
Trading at a U.S. Nickel..That was the price of a bottle of Coke years ago..Anyone buying shares at this unheard of price will shortly be looking at a retirement income.
Best of wishes to those fortunate enough to acquire shares prior to the street becoming aware of this companies outstanding long term value..
And another informative post:
I just got this from Mr. Mulshine to my request for share structure:
Brad,
The most recent info that I have is that there are about 650 million shs total issued and outstanding, and about 350 million in the public float. Since the Company is working toward filing a Form 10 with the SEC in February, with intentions of becoming a full reporting company by May 1st, I suggest that as soon as the Form 10 is filed that you access this filing on the SEC's Edgar site ... this will be the best way you can become fully informed on Phoenix.
Mike Mulshine
Osprey Partners
New Jersey
(732) 233-3853
Another site survey report:
Recent visit to PBLS:
Posted by: justhere
In reply to: None
Date:12/15/2005 9:49:14 PM
Post #of 9295
Hey guys I went last Thursday to the office and met with Ron for alittle more than 3 hrs. I learn alot listening to him and asking questions.
1) The guys running the show all have large vested stake in this company, none of them want it to go under.They also really have the shareholders best interest at heart.
2) They are going to do what they say they are going to do just hang in there, they have a real plan and the funds on hand to make it happen so be patient.
3) I saw the attorneys going over the books for PBLS, They are seriuos about becoming reporting and transparent. I saw it they are working really hard all of them.
4) Saw the new office it is nice. It still needed to be arranged but again they are working on it hard and have plans there also.
5) I saw the Progas company met the president of it forgot his name though.(John Burge?) It will do alot for us.
6)Ron knows what he is doing growing a strong company and he how to do it. We will all reap the benefits of his and the PBLS staff hard work.
7) The O& G side is going to grow and make money and the construction division is going to do the same.
8) I saw the gravel pit there are 3 dergders one was damaged is the storm. There is a 100' one I was it operating pumping out sand. There is no inventory it is all sold. There are a few small piles by the scales as youleave the pit but that is where trucks that are overloaded dump alittle off very small piles.
I am tired of the people says this is a scam. I was there I talk to the man. It is not a scam it is fully operational very busy company with a dream and goals that I am glad I am part.
I do not often but I read alot of the messages on here and RB there are several I have grow to respect for your opinion.
I hope this help some maybe not but I could not take the bashing anymore.
I do not post on RB read it alot, can someone please post this over.
Thank You,
Jim " Radman71363" on paltalk
Chart on PBLS:
stockcharts.com[h,a]dacayyay[dc][pb5!d20,2][vc60][iut!Ub14!La12,26,9]&pref=G
Post from IHUB:
Posted by: pennypinscherIn reply to: None Date:1/9/2006 8:45:52 PMPost # of 9343
Regarding Katrina rebuilding:I know a long time ago there were pictures posted on this site or another of the Murphy pit with a Boh Brothers (the biggest construction outfit in New Orleans) truck going through. So with a little research into the contracts awared to this date I have some figures that may put PBLS's chance of getting "a piece of the post-Katrina rebuilding pie". I added up all of Boh Brother's contracts for levee repair, debris removal, etc. and that figure totaled around $31 million (from an Army Corps of engineers site). Draw your own conclusions...Now remember that Ashbritt, ECC Operating Services, Ceres Environmental, and Phillips and Jordan each received hundreds of millions of which they must subcontract out to local businesses a certain percentage which happens to be 73.5% (for small local businesses). Draw your own conclusions...The chances that PBLS got some part of this seems pretty good, but these are just some of the numbers. Lets hope that we will here something regarding their "piece of the pie" real soon. |
