Strategic Asset Leasing Inc (LEAS)

[Chroma-Z]

I agree that the Plaintiffs should not have sent money without a signed agreement. I couldn't agree more; however, we do not know the circumstances.

Can you honestly say you have not started a single project without a signed contract? I know there have been a few occasions where it was someone I knew (or other circumstances) where the contract was not signed immediately before I started work. In those rare cases I would limit the amount of work that was done (and certainly the material orders) prior to a signed contract.

So yes I agree that a signed agreement should have been in place but we do not know the circumstances at the time.

This is why I feel the Plaintiffs will receive their initial investment and not shares. If there is a signed contract then the situation would be different...but obviously there is not a signed contract - just email correspondence which is more often than not considered a binding document.