Company Engages Product Design Experts CHEYENNE, WY / ACCESSWIRE / July 31, 2020 / Strategic Asset Leasing Inc. (OTC PINK:LEAS), the Company, is pleased to announce they have signed a development agreement with Product Design Experts, Inc. (PDE) to begin development of an Internet of things (IOT) product in the consumer security and safety market. To help further deploy technology assets the Company has recruited Vincent Risalvato , CEO of PENNEXX Foods Inc. (OTC PINK:PNNX), to act as a technical advisor to the Company. Mr. Risavalto is stated as saying: "I am very excited because IOT safety and security is a booming sector of the consumer market and I believe this is the beginning of a series of products that I believe will improve consumers lives." The parties are also in talks to advance an opportunity in the future to partner PNNX with LEAS to connect IOT products with PNNX's merchants and users furthering the YourSocialOffers.com rewarding experience. Part of the Company's strategy is to develop tool kits that are pre-build designs that small companies can use to create products quickly and efficiently that interface with the Internet, dashboards, portals as well as existing devices like Amazon Alexa, Siri and Google home assistant devices. This strategy is based on the direction the industry has been heading. Gartner has predicted, "the worldwide number of IoT-connected devices is projected to increase to 43 billion by 2023." In fact, Gartner has made a business of helping enterprises create an IoT strategy. https://www.gartner.com/en/documents/3840665/forecast-internet-of-things-endpoints-and-associated-ser According to MordorIntellegence.com, the IoT chip market, the core component of IoT devices is expected to register a CAGR of 17.25% during the forecast period of 2020-2025. They say, "5G Network, artificial intelligence, machine learning, smart homes, smart cities, as well as an increase in the IoT connected devices in electronics and automotive segments are expected to drive market growth." https://www.mordorintelligence.com/industry-reports/consumer-iot-market McKinsey.com says, "As frequent investors in midsize companies, private equity (PE) funds should re-evaluate the IoT as a sector that can help create significant value." They make this recommendation based on their assertion that while enterprise customers have long had IoT initiatives, smaller and mid-size businesses are now getting a chance to become involved with these technologies.
Miller's Note is only for $4,594 as of the last report, but at $.00001/share that $4,594 converts into 459,400,000 free trading shares of stock.
So far Miller has gotten 130,000,000 shares so there is 329,400,000 shares to go (plus any more interest that gets tacked on will have to be converted too).
Bolbat has a $50,000 Note too that will eventually convert at $.0001/share. That's another 500,000,000 future free trading shares.
So you can expect lots more pumping and especially dumping on this one.
Keep an eye on the Wyoming SOS page. They'll need to raise the A/S for the next conversion so that'll give you an idea when to expect the next big dump, but keep in mind that Wyoming is usually at least a week behind when it comes to processing amendments.
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