Strategic Asset Leasing Inc (LEAS)

[Due Diligence Virtuoso]

Unless the CEO is lying to the several shareholders he stated the 2500 for 1 RS would be enacted. Supposedly FINRA was an issue in the past and no longer an issue. I pressed the CEO for an effective date and got no answer. Beyond the RS, according to the filings Management has no Commons, but does on Series B preferred. Those can be converted to commons at 1 B Series getting 100 commons..

So I think what management is trying to accomplish is doing a RS 1 for 2500. Which would bring the OS to around 400k.. The Preferred would convert to common and enter the OS at 40M shares.. So our shares are now worth 1/100th of ANEW's managements.

The deal is for 60M bucks, so what is 1/100 of 60M? that is how much the original LEAS commons are worth.. Anyways all this shit sucks,