Strategic Asset Leasing Inc (LEAS)

[johnnycomelately9]

Here's the miraculous premise that tells us all to buy: Many of us assume MMTE has more land than what’s accounted for, but let’s assume and agree that mammoth controls 16,000 acres. Each acre is estimated to be worth $10,000-30,000, so to stay conservative let’s only give Mammoth $10,000 in value for each acre.

16,000 acres x $10,000 = $160,000,000

Bashers will and can claim that MMTE is far from production; but the company’s land assets are valued at over $160,000,000, according to past prs and this premise. Problem with pps is that share holders are worried about dilution; and many have distrust for MMTE’s management, even though they seem to be moving things forward.

Currently MMTE o/s is 6,000,000,000; but just for the sake of argument let’s assume MMTE is going to be diluted to 15,000,000,000 share o/s. Well even under this dreaded dilution we are all looking to make a substantial gain.

$160,000,000 divided by 15,000,000,000 shares = .0106

That’s where we should get even without production. If we ever hit production we’ll be well over a dime don’t you think? Imo things aren’t all bad for MMTE... We just need some positive news to get the pps up trending.