Strategic Asset Leasing Inc (LEAS)

[NervesOfSteel]

WL has said that his plan that he expected to come together last spring is now well underway. With the ls and the acquisition of more than expected land (originally was just 8k in acres I think in first loi), the plan has taken longer to put together than first thought. My personal thought as an accountant is that these audited financials are key for what happens next. We should see the real value of the concessions, either what was paid or what the market value is. It could be either one, but I expect to see cost basis since we have not seen the 43-101 test results.

Remember audited financial are key for both an up list AND a merger or acquisition. Any other legitimate company is going to want to see what the original company has in the way of assets and liabilities verified by a third, independent company before any agreement.

You might wish to check out theinvestorforum.net for more information on mmte and an upcoming CEO chat session.