Strategic Asset Leasing Inc (LEAS)

[nodummy]

Dilution - float increased by almost 70m

According to the SS update on OTC Markets the float went from 699,540,345 in the middle of July to 769,540,356 as of July 30, 2020:

https://www.otcmarkets.com/stock/LEAS/security

It's from the nasty debt Note Dennis Bolbat issued to Mark Miller for when Miller helped pump this thing back in the spring of 2019

His debt converts at $.00001/share.

I explain it in this old post:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=155452691

As soon as LEAS went pink current it was inevitable to happen.

LEAS invented a new history and OTC Markets accepted it

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=156994800

Miller's Note is only for $4,594 as of the last report, but at $.00001/share that $4,594 converts into 459,400,000 free trading shares of stock.

So far Miller has gotten 130,000,000 shares so there is 329,400,000 shares to go (plus any more interest that gets tacked on will have to be converted too).

Bolbat has a $50,000 Note too that will eventually convert at $.0001/share. That's another 500,000,000 future free trading shares.

https://backend.otcmarkets.com/otcapi/company/financial-report/253153/content



So you can expect lots more pumping and especially dumping on this one.

Keep an eye on the Wyoming SOS page. They'll need to raise the A/S for the next conversion so that'll give you an idea when to expect the next big dump, but keep in mind that Wyoming is usually at least a week behind when it comes to processing amendments.

https://wyobiz.wyo.gov/Business/FilingDetails.aspx?eFNum=023134109014071170057137212225204229086026117085