Strategic Asset Leasing Inc (LEAS)

[Gboyd4155]

Offspring - the key to remember is the financials and the balance sheet are not filed based at equity prices in the open marketplace.

The equity prices are done at the levels dictated by the company,
(sometimes par value) and based on their BANKING RECORDS. You have to go through the financial statement, they usually tell you what they are done at. If anything William is VERY VERY GOOD at showing his financials every quarter on who was issued and at what price. I have actually never seen a PINK sheet company that has filed better financials then William when it comes to issuance's.


Once a company is reversed, the financials dont change at all, the only thing that changes is the price of the actual equity. But nothing affects the general overall value, or the balance sheet, its the same pre or post reverse. Which is why my point that the reverses they have done has been positive for the most part.

This 4MM you are referencing is related exactly to NEW stock issuances the company made after the reverse. Thats it. Those issuances were to new shareholders,and in reality the value of them was probably about 5 cents to the dollar issued at in the marketplace, because of the market makers.