Strategic Asset Leasing Inc (fka LEAS)

900

Strategic Asset Leasing Inc (fka LEAS)

900

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Huggy Bear

07/17/24 10:23 AM

Post #155,603

Re: #155,595: @Uncleval - Oh sure after you had deceived your shareholders/investors

You're delusional.

Renee

07/05/24 9:44 AM

Post #155,602

June 21,2024: LEAS: Merged with Redwoods Acquisition Corp. (n/k/a ANEW Medical, Inc.). Strategic Asset Leasing Inc. Common Stock will be exchanged for 0.00004 of a share of ANEW Medical, Inc. Common Stock New (Nasdaq: WENA).

FINRA deleted symbol:

https://otce.finra.org/otce/dailyList?viewType=Deletions (scroll back to June 21)

Uncleval

07/05/24 9:41 AM

Post #155,601

Re: #155,599: @trader59 - Oh, please…. All anybody has to do is

I guarantee you WENA will sink just like your name Sink-Hole

Uncleval

07/05/24 9:40 AM

Post #155,600

Re: #155,599: @trader59 - Oh, please…. All anybody has to do is

Ok Dr evil thanks for your time. I’m done talking to you.

trader59

07/05/24 9:39 AM

Post #155,599

Re: #155,597: @Uncleval - I never pump any stock, Infact I hate

Oh, please…. All anybody has to do is scroll down.

https://stocktwits.com/Uncleval29

Good luck trying to get the blame shifted elsewhere.

Uncleval

07/05/24 9:35 AM

Post #155,598

Re: #155,596: @trader59 - Dude… I am not the doctor, have nothing to

If you are not the evil Doctor and have nothing to do with the company what do you care and why are you crying more than the bereaved? You are the Doctor and you sound exactly like him and I will let folks know the handle Trader59 is Dr Sink-Hole

Uncleval

07/05/24 9:32 AM

Post #155,597

Re: #155,589: @trader59 - Yeah, and I didn’t know I was wasting

I never pump any stock, Infact I hate pumpers because they are criminals like you sir. I told folks to stick and focus on what’s in the filing and if you as CEO were busy deceiving folks telling them different story and told me to hang tight that I will do well. I’m sure you remember telling me that and I have my chat records saved for future reference…

trader59

07/05/24 9:32 AM

Post #155,596

Re: #155,595: @Uncleval - Oh sure after you had deceived your shareholders/investors

Dude…
I am not the doctor, have nothing to do with the company at all, just informing those who think the company screwed them over that it was actually the con artist pumpers (like you) who made the whole thing up and profited from it. Eventually all those folks who were deceived by the fairy tale will figure out who really took their money.

Uncleval

07/05/24 9:27 AM

Post #155,595

Re: #155,593: @trader59 - LOL… Keep trying to divert attention. Here’s where

Oh sure after you had deceived your shareholders/investors and LEAS was already in expert market. I knew I was chatting with the evil doctor. Trust me sir, you won’t get away with this criminality and I will help you spread the news of the FRAUDSTER that you are. You have messed with the wrong guy!!!

Uncleval

07/05/24 9:23 AM

Post #155,594

Re: #155,587: @trader59 - I’m telling you the company didn’t deceive anybody.

Ok cool, you will explain more to the judge when the class action lawsuit hits you. Lawyer up sir..

trader59

07/05/24 9:20 AM

Post #155,593

Re: #155,592: @Uncleval - You the CEO told me to hang tight

LOL…
Keep trying to divert attention. Here’s where you’d been told the RS was happening, but tried to get everyone to ignore it:

https://stocktwits.com/Benfishingallday/message/570259858

Gig’s up.

Uncleval

07/05/24 9:12 AM

Post #155,592

Re: #155,587: @trader59 - I’m telling you the company didn’t deceive anybody.

You the CEO told me to hang tight that I will do well. You encouraged me to hold on to my shares only to run an 18 wheeler over me. You will never get away this criminality. I’m ready to give up my life if I have to in pursuit for justice here…

Uncleval

07/05/24 9:09 AM

Post #155,591

Re: #155,587: @trader59 - I’m telling you the company didn’t deceive anybody.

I will pursue you legally on this matter to the gate of hell if that’s where you end up I will be there to smoke you out.

Uncleval

07/05/24 9:08 AM

Post #155,590

Re: #155,587: @trader59 - I’m telling you the company didn’t deceive anybody.

I believe I’m now chatting with the evil Dr. Sink-Hole aka Dr Evil. Knowing your investors/shareholders will lose 99% of their investment in your company when the merger deal closes, why didn’t you halt the stock from publicly trading the moment the merger was announced?? Why did you allow innocent investors have the opportunity to buy and sell that evil stock all these many months of trading? Mergers are never done for investors to lose their investment, Infact the opposite is the case. You will explain so much to the Judge sir.

trader59

07/05/24 9:02 AM

Post #155,589

Re: #155,588: @Uncleval - No problem. Thanks for defending the criminal company’s

Yeah, and I didn’t know I was wasting my time posting to one of the folks who was pumping this hard on social media. This is you:

https://stocktwits.com/Uncleval29

You were pushing this hard and specifically telling people to ignore the guy who’d posted that the CEO had told him there’d be a hard RS on the stock during the SPAC merger. Why would you care about the daily PPS of a stock you were going to hold through a SPAC merger and get a windfall? You wouldn’t and likely didn’t, sold yours to anybody who was buying the fairy tale, then flipped into victim mode when reality happened.

Uncleval

07/05/24 8:52 AM

Post #155,588

Re: #155,587: @trader59 - I’m telling you the company didn’t deceive anybody.

No problem. Thanks for defending the criminal company’s called LEAS, ANEW WENA, RWOD and its CEO and I can bet you either work for them or you are the evil doctor himself. No worries sir I heard you loud and clear, we have enough evidence to bring charges of insider information against the evil doctor. So if you are him, please lawyer up cos something big and serious is coming your way. We will meet in court. Have a great day…

trader59

07/05/24 8:46 AM

Post #155,587

Re: #155,585: @Uncleval - You sincerely sound like the evil doctor. You

I’m telling you the company didn’t deceive anybody. You listened to a bunch of pumpers on the internet telling you to buy this stock and you’d get an easy 10 bagger from a SPAC. It was just another narrative those con artists tell so they can flip the stock for a profit. Then, when it’s all done, they shift the blame onto someone else, usually the company, claiming they’re the ones that lied and that they’re victims, too. They’re not victims, the pumpers made the whole thing up.
You didn’t buy LEAS stock from the company or its CEO, you bought on the OTC from another shareholder. The company didn’t get any of the money from the trading of LEAS stock during the pump and run-up to the SPAC merger, that all went trader to trader. The people that have your money are the ones who sold you the stock and sold you on the story you were going to get rich from buying it.
Seriously, if you bought into that crap and especially if you invested serious money in it, you need to pull whatever you have left in the market out and put it in some nice CD’s paying over 5% risk free. If you don’t, you’re very liable to lose all of it.

Uncleval

07/05/24 8:40 AM

Post #155,586

Re: #155,584: @trader59 - The RS that was approved was 2500:1.

If you lost 1/10th of what I lost, you won’t be sitting there running your mouth.

Uncleval

07/05/24 8:35 AM

Post #155,585

Re: #155,584: @trader59 - The RS that was approved was 2500:1.

You sincerely sound like the evil doctor. You left out the part that said the 1-2500 rs wasn’t approved and the RS wasn’t necessary any longer. They only updated the 25000-1 at closing after a long one year plus of deceiving shareholders. So why did the evil doctor tell me to hang tight and hold on to my shares that I will do well?? He will have to explain that in a court of competent jurisdiction.

trader59

07/05/24 8:30 AM

Post #155,584

Re: #155,583: @Uncleval - Show me where in any of the public

The RS that was approved was 2500:1. That was to be followed by a conversion of the preferred shares held by the investors of ANEW 100:1.

https://www.otcmarkets.com/otcapi/company/financial-report/371497/content starts on page 9

They also updated the corporate charter to reflect the change.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172108030

That’s a better summary of what they were doing. All that crap of 175:1 was made up by internet con artist pumpers hoping to make a profit from flipping the stock. Those are the people you bought your stock from. LEAS sold no new stock while it was occupied by ANEW.

Uncleval

07/05/24 8:17 AM

Post #155,583

Re: #155,582: @trader59 - They didn’t rob you. They told you

Show me where in any of the public filings they said they were doing 25000 to 1, please show and I will show you my chat record with the rogue doctor Sinkule where he told me to hang tight that I will do well.

trader59

07/05/24 8:14 AM

Post #155,582

Re: #155,578: @Uncleval - This particular company called LEAS robbed us shareholders

They didn’t rob you. They told you from the time they inhabited this shell they were going to do a RS and then a conversion of the preferred shares held by the original owners/investors of ANEW medical so that they would keep their ownership. You chose, instead, to listen to a bunch of internet con artist pumpers who were telling you to buy this stinky pink stock and you’d get an easy 10 bagger for nothing. Those guys are the ones that have your money, you bought your stock from them, not the company.

Uncleval

07/05/24 3:00 AM

Post #155,581

Re: #155,579: @oceans11 - Yes they robbed us. Deal with it and find

I’m sure if you lost a one tenth 1/10 of what I lost, you will be up in arms right now against LEAS CEO, so please just allow me rant and mourn however I dim-fit.

Uncleval

07/05/24 2:46 AM

Post #155,580

Re: #155,579: @oceans11 - Yes they robbed us. Deal with it and find

Ok great thanks. Just allow me deal with it my own way and don’t bother responding please. Thanks for your concern.

oceans11

07/05/24 2:45 AM

Post #155,579

Re: #155,578: @Uncleval - This particular company called LEAS robbed us shareholders

Yes they robbed us.
Deal with it and find another ticker to make your money back.
Or just let it ruin your life…

Uncleval

07/05/24 2:03 AM

Post #155,578

Re: #155,577: @oceans11 - Thank you for your amazing insights Captain Obvious. Now

This particular company called LEAS robbed us shareholders in broad day light and I lost $90k cash I had 27m shares and now it’s converted to WENA 1080 unit at $1.70 =$1700. Dr Sinkule is a huge fraud and he must be held accountable for his crime here.

oceans11

07/04/24 6:51 PM

Post #155,577

Re: #155,576: @Uncleval - Warning: $WENA, $LEAS, and $RWOD are complete scams!

Thank you for your amazing insights Captain Obvious.
Now if you want any respect, name THREE trip zero OTC stocks that are NOT scams and worthy of buying.
Can’t do it can you?
Thought so…

Uncleval

07/04/24 5:28 PM

Post #155,576

Warning: $WENA, $LEAS, and $RWOD are complete scams! They have defrauded innocent investors and I urge you to exercise extreme caution. Do not put your money into $WENA or related companies being managed by especially Dr. Joseph Sinkule aka Dr. Sink-Hole. These scammers will stop at nothing to deceive and exploit vulnerable investors. Beware of fraud!!!

Yooperman

07/02/24 10:40 AM

Post #155,575

Re: #155,574: @Livi1 - I have etrade and I see my WENA shares.

My WENA shares are in Fidelity.

Livi1

07/01/24 1:31 PM

Post #155,574

Re: #155,573: @lakers17 - That's like 1 for 25,000. ETrade has

I have etrade and I see my WENA shares.

lakers17

06/30/24 5:14 AM

Post #155,573

Re: #155,566: @Eddo1976 - My Schwab account updated. My 2,550,000 LEAS

That's like 1 for 25,000. ETrade has not done this yet but I didn't have many LEAS shares left and was riding freebies. But this still sucks.

Uncleval

06/26/24 11:18 PM

Post #155,572

We need everyone to join the case now please. Can you please pin the link to join it: https://11thestate.com/cases/1269

trader59

06/26/24 9:37 PM

Post #155,571

This was just another pump and dump. Who in their right mind would think they'd found a stinky pink stock that could be bought for way less than a penny for over a year was going to be exchanged for SPAC stock with an exchange that was equivalent to nearly 6 cents per LEAS share? Anybody falling for that crap needs to pull all their money out of the market, especially the OTC, because they'll fall for anything and will eventually lose all of it. Put it in some nice, risk free CD's.
Neither company ever said there was going to be a 175 to 1 exchange ever, and in fact ANEW said from the point they merged into LEAS they were going to RS the stock at 1-2500, then apply a 100:1 conversion to the 400K shares of preferred stock given to the investors of ANEW. They even revised the corporate charter to include it. Every report they issued said that until the business combination was getting close and the CEO realized he didn't have to make it effective, he could just do the math and distribute the WENA shares as if it had. He didn't mislead anyone, a bunch of pumpers pushed that fairy tale of a sure thing 10-20 bagger and dumped into it. Those are the folks who have all the money invested in this, nobody bought stock from LEAS, they bought it from someone else who was selling.
If it's any consolation, the company is likely screwed. Most all the retail shareholders who'd invested in RWOD before this business combination was announced walked and took their over $10 per share with them. Cash in the treasury was nothing, and the ANEW shareholders got about $12M worth of stock instead of $60, but only becauses they can't sell any of it yet. The company has already sold another 1M shares, and that won't even scratch the surface of any sort of drug they want to develop, test, and sell. This will be just another NASDAQ biotech that won't go anywhere.

Seanws34

06/26/24 7:14 PM

Post #155,570

reposting this from stocktwits

"We have initiated a class action lawsuit against Anew Medical for destroying LEAS shareholder value through Misleading statements in filings, failure of fiduciary duties, and insider trading through the CEO sharing material non public information (MNPI) to private individuals. THIS WILL COST YOU NO LEGAL FEES. For those of you affected who still held LEAS shares anytime between April 17 - June 21, 2024 and lost money - please join our case. Please input the amount of your total investment (not the price when it was highest in the market) and whatever description you can add. It will take time to collect everyone who participates before lawyers take this to the next step, so be prepared to be patient - these things take time. However, our goal is to get our money back and then some for additional time and opportunity cost damages. "

11thestate.com/cases/1269

Livi1

06/26/24 8:58 AM

Post #155,569

Re: #155,566: @Eddo1976 - My Schwab account updated. My 2,550,000 LEAS

Yeah, my Schwab acct also updated overnight. I sold some LEAS prior to the merger. I now have 46 shares in WENA. Sad. frown

TheOTCstocksGuy

06/26/24 5:43 AM

Post #155,568

https://t.me/+v8g9kd_jpvpmZGE5

Feel free to join the telegram group! Everyone going after the POS Doctor!!

DEMDOTS

06/26/24 1:27 AM

Post #155,567

yep. don't care to much for the doctor :o)

Eddo1976

06/26/24 12:00 AM

Post #155,566

Re: #155,565: @Livi1 - All I see in my account for the

My Schwab account updated. My 2,550,000 LEAS shares are now 102 WENA

Livi1

06/25/24 10:41 PM

Post #155,565

All I see in my account for the former LEAS is a combination of numbers and a letter of the alphabet.

DEMDOTS

06/25/24 10:14 AM

Post #155,564

Re: #155,563: @trader59 - Probably the CUSIP # for the stock.

one of my best trades :o) JK

trader59

06/25/24 10:06 AM

Post #155,563

Re: #155,560: @DEMDOTS - my shares turned to numbers :o)

Probably the CUSIP # for the stock. It'll be exchanged soon.

At 0.00004 shares of WENA per LEAS share, WENA trading at $1.93, that's the equivalent of $0.0000772.

DEMDOTS

06/25/24 9:42 AM

Post #155,562

Re: #155,561: @Eddo1976 - My account still shows LEAS

I see wena trading

Eddo1976

06/25/24 9:38 AM

Post #155,561

Re: #155,560: @DEMDOTS - my shares turned to numbers :o)

My account still shows LEAS

DEMDOTS

06/25/24 8:10 AM

Post #155,560

my shares turned to numbers :o)

TheOTCstocksGuy

06/24/24 8:59 AM

Post #155,559

People just wouldn’t listen!! Been saying for months and months that this was a scam and if you held shares for this so called POS merger, you would end up with NOTHING! And guess what…that’s exactly what has happened!

trader59

06/21/24 8:30 PM

Post #155,558

Re: #155,554: @EM8000 - So after the merger, how much each share

They'd be worth $2.34 (RWOD PPS) times 0.00004 or $0.0000936.

Keep in mind, most all of the RWOD retail holders redeemed their stock, resulting in hardly any cash for ANEW to make any progress. They just announced they sold some stock, and the 6M shares awarded to the ANEW shareholders are all dilution to the $2.34 shares. NASDAQ investors aren't OTC investors, they don't buy fluffy hype about a company, they look at the bottom line.

Eddo1976

06/21/24 7:46 PM

Post #155,557

Re: #155,554: @EM8000 - So after the merger, how much each share

I don’t know, but RWOD shares crashed down $3.56 to $2.34 today.

trader59

06/21/24 6:55 PM

Post #155,556

Re: #155,553: @Eddo1976 - You were right, my apologies for giving you

Just trying to inform. Anytime an OTC company says they’re going to do a RS, everyone should plan for it, even though this one was weird.

EM8000

06/21/24 5:26 PM

Post #155,554

Re: #155,551: @Eddo1976 - Here we go. My 2,550,000 LEAS shares

So after the merger, how much each share of $LEAS be worth??

Eddo1976

06/21/24 4:37 PM

Post #155,553

Re: #155,552: @trader59 - There's several of these on the board, but

You were right, my apologies for giving you shit thinking you were just trying to cause selling. Luckily I did sell bits and pieces amounting to nearly 2 million shares as it went up. My remaining 2.55 million had a cost of about $0.0007.

Older

Strategic Asset Leasing Inc (fka LEAS)

Followers	900	Posters	3477
Posts (Today)	0	Posts (Total)	155603
Created	10/19/07	Type	Free
Moderators

ANew Medical Inc.

Symbol: LEAS

$LEAS Summary DD (True Value .057/Share):

$LEAS is merging with $RWOD (Nasdaq, $10/share).

$LEAS has approved (Europe) drugs for anti-aging, etc ... Website: https://www.anewmeds.com/
Now they want to get FDA approval for the US.

$LEAS Shares will be converted to $RWOD Shares.

175 $LEAS Shares will become 1 $RWOD Share.

175 x .057 = $10.

So the True Value is .057/share.

All this info came from the 8K that $RWOD filed: https://www.sec.gov/ix?doc=/Archives/edgar/data/1907223/000121390023045945/ea179544-8k_redwoods.htm

Here is the Calculation using the info from the 8K:

"be converted into the right to receive a number of shares of Redwoods Common Stock equal to the Merger Consideration."

“Merger Consideration” means with respect to each outstanding share of Company Common Stock a number of shares of Redwoods Common Stock equal to the Exchange Ratio (and with an aggregate value equal to the Closing Equity Value), allocated to the Company Stockholders as set forth on the Allocation Schedule.

“Exchange Ratio” means (a) the Closing Equity Value Per Share, divided by (b) the Redwoods Share Value.

== .057 / 10 == .0057

“Closing Equity Value Per Share” means (a) the Closing Equity Value, divided by (b) the Fully Diluted Company Capitalization.

== $60M / 1045M = .057

“Closing Equity Value” means $60,000,000.

“Fully Diluted Company Capitalization” means, without duplication, the sum of the aggregate number of shares of Company Common Stock outstanding as of immediately prior to the Effective Time, determined on an as-converted basis (including, for the avoidance of doubt, the number of shares of Company Common Stock issuable upon conversion of any outstanding convertible securities of the Company).

== Outstanding = 1045M

“Redwoods Share Value” means $10.00.

Exchange Ratio for 1 Share:

1 Share of RWOD / .0057 = 175. SO 175 LEAS shares will convert to 1 share of RWOD.

175 Shares currently is worth 175 x .0022 = .385. So .385 current value converts to $10. == 26 Bagger.

$10 / 175 = .057/Share == TRUE Value of $LEAS Shares.

Here are the values at different price points:

.0022 = 26 Bagger
.0050 = 11 Bagger
.01 = 6 Bagger
.02 = 3 Bagger

And investors that hold shares through the Merger will realize .057/Share conversion value

....................Currently working on this...................................
ANEW MEDICAL, INC. has acquired pharmaceutical and biotechnology assets in the medical oncology, biologics, and gene therapy sectors of the pharmaceutical and biotechnology industry. The company is considering several financing vehicles.

Medical product development and commercialization. The Company recently acquired five generic oncology drugs approved and manufactured in Germany and they plan to gain approval for these drugs in the US in 2023. The Company is preparing for a pivotal Phase 3 study of an anti-cancer antibody product that is highly similar to Genentech/Roche's brand name Avastin (bevacizumab), the Company has licensed a needle-free jet injector for drug delivery, and the Company is in the pre-clinical stages of development of a gene therapy product candidate based on the delivery of a human alpha-Klotho gene and protein to prevent and/or treat neurodegenerative diseases such as Alzheimer's and Lou Gehrig's disease (ALS). Other product candidates will stem from these platform technologies of pharmaceuticals, biologics, and gene therapy.

The Company's medical R&D facilities are in the U.S. (near the University of Nebraska Medical Center, Omaha, Nebraska) and in Barcelona, Spain (Autonomous Universitat de Barcelona). Each R&D facility is comprised of over 4,000 sq ft of R&D and office space, currently leased and equipped with research equipment, incubators, tissue culture facilities for production of plasmid DNA, HEPA-filtered hoods for aseptic handling, and testing equipment (PCR, spectrophotometers, microscopes, etc). The generic oncology drugs are manufactured in Germany. With future funding, the Company plans to acquire or build a GMP manufacturing facility to supply novel plasmid DNA ("transgenes") to be used in gene therapy programs, to provide contract manufacturing revenue, and for commercial product manufacturing.

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Strategic Asset Leasing Inc (fka LEAS)

Strategic Asset Leasing Inc (fka LEAS)

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Strategic Asset Leasing Inc (fka LEAS)

ANew Medical Inc.

Symbol: LEAS

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