Strategic Asset Leasing Inc (LEAS)

[MaskedCat]

OK all, timing is ripe. He has prepared it ... and so here comes the bomb. About the goings on behind the curtains: I believe it is highly likely WL is selling off the CLIL assets and only then will he sell CLIL publicly. So that he sells only what the one company wants to buy as a sell of CLIL to the unknown buying company. That approach is what will drastically limit what the shareholders will receive in the CLIL sell off. In short WL will probably get the vast majority of the corporate value before he sells the CLIL for us the gain on. My little theory

My questions are, is this legal? Does SEC care?