Leet Technology Inc (LTES)

[Sobek]

There was an 8-K filed on Jan 30th that tells they currently have approx. 2,100 units leased and on track to have 2,700 by the end of the quarter.

Item 8.01
Other Events.
 
On or around January 28, 2017 the company completed production of an additional 850 units of its BDI 747 ignition interlock device. Within 24 hours of these units being readied at our Los Angeles facility, we had materially leased 700 of these units and anticipate the remainder are being leased and deployed posthaste. Our distributor network continues to demand additional units, and we are currently continuing production to create supply to meet this demand. The monthly-reoccurring revenue from these new an additional machines should appear on our balance sheet within the next thirty (30) days as per the net 30 terms we have with our distributors. This immediately increased the number of units we have in our inventory by approximately 75%, to approximately 2,000 machines total in our inventory, which will materially increase our revenues and profitability. We are still on track to have approximately 2,700 machines manufactured, deployed, and monetized by the end of this fiscal quarter.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11808715

Now their end of year target is 10,000 units or an additional 10,000 units? Either way that's a lot more realistic compared to their 12 month growth rate and the conservative 5,000 unit goal recently announced. They could probably have 10k + units leased as fast as they can put them together.

Updates on further financing should be announced by the end of the quarter if not sooner.