Dedicated to Professor Peter J. Garratt on the occasion of his 78th birthday Highly unsaturated hydrocarbons [1] based on aromatics, alkenes, acetylenes, and combinations thereof are organic semiconductors. As such, they are interesting both from a basic research viewpoint [2] and in terms of their applications in electronics and photonics devices. [3] The replacement of carbon centers of such compounds by heavier low-valent main group elements, phosphorus in particular, has become increasingly popular. Polyheteroaromatic structures based on the phosphole motif (I; Figure 1) have achieved a considerable degree of maturity and found application, for example, in organic light-emitting diodes (OLEDs); [4] phosphorus analogues of polyphenylvinylenes (II) [5] and oligoacetylenes (III) [6] have also been reported. In all examples depicted in Figure 1, phosphorus inclusion greatly alters the electronic properties of the compounds compared to all-carbon-based analogues, and also offers a number of options for postsynthetic manipulations, such as metal complexations or oxidations. [7] In contrast to the plethora of synthetic procedures that are available for the preparation of pure hydrocarbons, the synthetic arsenal for the construction of I-III is limited. Considering the reliability of the Wittig reactions for the conversion of aldehydes and ketones into alkenes, we were intrigued by the option to use the analogous phospha-Wittig-Horner (pWH) reaction [8][9][10] to prepare P-containing oligoacetylenes from appropriate acetylenic ketones. Whereas traditional phosphonium ylides react with diacetylenic ketones exclusively in a 1,2-addition, which makes Wittigtype reactions a reliable tool for the preparation of 1,1diethynylethenes, [11,12] herein we demonstrate that a pWH reagent 1 exhibits a completely different reactivity. The observed 3,4-addition initiates a cascade of reactions that ultimately leads to the formation of either penta-substituted bis-phospholes or 2,5-dihydro-1,2-oxaphospholes, depending on the substituent at the acetylene termini of the diethynylketone (Scheme 1).As with all Wittig-type reactions, the pWH reaction is also initiated under basic conditions, in this case, by the addition of lithium diisopropylamide (LDA). The Li salt of 1 [9] is added to 1,5-bis(TES)-penta-1,4-diyne-3-one (2 a, TES = SiEt 3 ), [13,14] resulting in a red solution from which a bright red product 3 can be isolated in 57 % yield after silica gel chromatography. Mass spectrometric analysis of the product indicates that no simple pWH reaction occurred, as the observed molecular weight (m/z = 1159.15577, corresponding to C 43 H 60 O 9 P 2 Si 3 W + Ag) suggests that both P units of the pWH reagent are still present in the product and that 1 has reacted with two equivalents of ketone 2 a. Consistently, the 31 P NMR spectrum features two phosphorus centers (d( III P) = 167.4 ppm, d( V P) = 6.8 ppm), which couple to each other with J P-P = 63 Hz. A high degree of unsaturation can be expected from the presence of 11 quaternary c...