Strategic Asset Leasing Inc (fka LEAS)

[Long-vestor]

And here's the formula they will be using to dump the recently announced 'loan' lol'' options: 'Volatility 353.96%' and loans: expected volatility of 155.49%- 214.23%, that there, in a nut shell tells you the discounted conversion rate.

It will take several billions of share dumping with volatility formula discounts like that. And they've disclosed the warning, like a good scam, looking for peps who've no clue. That ought to come out to equal some 75-90% discount to market. so today and yesterday's dumping convertibles discounted too about .0002.

Convertible scam reviled, aND ESTIMATED = .0002's dumping, Ka-Ching!
expected volatility of 155.49%- 214.23%,t
Fair warning, this is just 1 part of this scam's disclosure to keep the SEC at bay. ;(

https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=152509

Therefore, in accordance with ASC 815-40, the Company determined the fair value of the initial reset provision on preferred stock and convertible debt using the Black-Scholes formula assuming no dividends, a risk-free interest rate of 0.68%-0.85%, expected volatility of 155.49%- 214.23%, and expected life of 1 and 5 years. The net value of the reset provision at the date of adoption of ASC 815-40 was recorded as a derivative liability on the balance sheet and a reduction to and convertible debt. Changes in fair value are recorded as non-operating, non-cash income or expense at each reporting date.
The fair value of the convertible debt at June 30, 2015 was determined using the Black Scholes
Option Pricing Model with the following assumptions:
Dividend yield: 0%
Volatility 353.96%
Risk free