Strategic Asset Leasing Inc (LEAS)

[jmbar2]

What a weasel! Instead of reporting real information, looks like he cut and pasted general definitions of financial terms like you would find on wikipedia. Or maybe a college freshman essay exam.


Cash

The Company maintains cash balances at one financial institution in New York. The account is insured by Federal Deposit Insurance Corporation up to $250,000. The Company’s accounts at this institution may, at times, exceed the federally insured limits. The company has not experienced any losses in such accounts.

This report could be condensed in one brief sentence:

MMTE is toast. Liebs is a crook.