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Posted: 2/1/2006 9:34:16 PM EDT
I've invested (maybe foolishly) in a company based out of New Orleans call Phoenix Assoicates Land Syndicate. The CEO is Paul Alonzo. They also own companies called Heaslip Construction, Murphy Sand & Gravel, and Bayou State Trucking. Anyone ever heard of any of this? I'm getting that feeling between my shoulder blades on this stock (PBLS).
Link Posted: 2/3/2006 5:30:48 AM EDT
I've personaly dealt with Murphy Sand and Gravel in South MS. Same company. They were straight up to deal with, and as a matter of fact, plan on using them to sure up a bulkhead at our office. Never heard of some of the others though. Did you do a google business search?
Link Posted: 2/3/2006 8:33:06 PM EDT
Yes. Struck out. Called the company today. They reorganized those units with similar sub companies post-Katrina. PBLS is an interesting play. New Orleans construction and materials plus progas, inc propane plus oil leases in multiple states. It's a penny stock and not transparent. It's at about 3 cents a share. It could go to 50 cents easily - or zero.
Link Posted: 2/3/2006 11:55:14 PM EDT
are they related to murphy oil?
Link Posted: 2/4/2006 6:58:45 AM EDT
Their energy operations are Rome Oil & Gas and Progas, Inc.

Here is their website: PPLS
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