Strategic Asset Leasing Inc (LEAS)

[Hostile Takeover]

"While we understand that there are many rumors concerning litigation against the company, let me re-affirm that the company has not been served any documentation relating to this matter," said William Lieberman, President of Mammoth Energy Group. "Our company or any other company for that matter can have claims filed against it; however we feel in this circumstance that what has occurred has been done by interests that are misaligned, and to hurt shareholders and the company. There are no pending liabilities but only positive announcements to come forward regarding the company," he added.