Published:
Phoenix Announces Order for 2.5 Million Cubic Yards of Material
Material From the Company's MS&G Mining Site in Pearl River, LA Will Go to the US Army Corps of Engineers Through Second Tier Contractors
Phoenix Associates Land Syndicate
(PINKSHEETS: PBLS), a holding company with assets and/or interests in sand
& gravel, soil products, land development, oil and natural gas, commodity
brokering, plumbing, trucking, contract hauling, construction, swimming
pool construction and construction related industries, announced today it
has received an order for 2.5 million cubic yards of material from its
Murphy Sand & Gravel (MS&G) mining site in Pearl River, LA.
The Company indicated that this order was placed through United Soils, Inc.
of Ray, Michigan, and will be processed through MS&G under a new Phoenix
trade name United Soils of Louisiana, and will be filled in 35 - 45,000
cubic yard releases that will go to the US Army Corps of Engineers via
second tier contractors.
Paul Alonzo, President and CEO of Phoenix Associates, said, "This is by far
the largest single order for product ever received at the MS&G site. We at
Phoenix look forward to working with our friends and associates at United
Soils, especially Ron Omilian, their President."
Ronald C. Omilian, President of United Soils, Inc., stated, "This is just
the first of many orders to come over the next several months and years.
Our market in the Greater New Orleans and Gulf Coast region is enormous."
Mr. Alonzo commented further, "We find it very interesting that after
Hurricane Katrina our shareholders envisioned huge growth of our Murphy
Sand & Gravel operations, they just didn't realize that they were nearly a
year early in their speculation."
About Phoenix Associates Land Syndicate (PBLS)
Phoenix Associates Land Syndicate (PBLS) is a public holding company, with
hundreds of stockholders, that has purchased motivated companies in order
to enhance its assets and income basis. Since 1978, PBLS has developed
assets and/or interests in sand & gravel, soil products, land development,
oil and natural gas, commodity brokering, plumbing, trucking, contract
hauling, construction, swimming pool construction and construction related
industries. For more information, visit www.pbls.biz.
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.
Copyright © 2008, MarketWire
Copyright © 2008, NewsBlaze,
Daily News
Tags: ,Energy and Utilities:OilandGas, ,INTHPINK,INTHPINK,LA,NEW ORLEANS, LA
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