Strategic Asset Leasing Inc (LEAS)

[ofspring]

My point on this is we had equipment probably from CLIL and land being sold and Imo this is not all the concessions or land or land of rights...


Fixed Assets

Plant, property and equipment, net of depreciation $4,369,036
http://www.otcmarkets.com/financialReportViewer?symbol=MMTE&id=123461

You cant write off depreciation on land...

Depreciation expense

$56,654 $106,653
http://www.otcmarkets.com/financialReportViewer?symbol=MMTE&id=123461


We paid $6,576,206 Surely is worth more than 150k...
The company has agreed to sell its Chilean corporation holding the claims of all lithium rights and
warranties for 150,000 dollars in cash to a private buyer. The first payment of $50,000 dollars was
received in June 2014. Subsequent payments of $50,000 are to follow over the upcoming sixty and
ninety days respectively. The company expects the transaction to be closed by the end of the third
quarter 2014.

Common stock issued for acquisition


$6,576,207
http://www.otcmarkets.com/financialReportViewer?symbol=MMTE&id=118843


One other thing...

The company is in negotiations to finance mining equipment for a royalty based transaction in
Ecuador. The company expects this transaction to be formalized during the third quarter.

Are we buying more equipment for a different direction??? Kinda looks like it.. Possibly GOLD SILVER OTHER MINERALS...