Replies to post #16102 on Strategic Asset Leasing Inc (fka LEAS)

[HokieHead]

They must have meant 2009 and the shares, whatever they are, are already in the shares outstanding count b/c they say "issued". This is probably how the share count went from 1.6 b to the 2.4 b count?

This must have all been from the prior management/regime too..

All imo...

[tinymidas]

those numbers are most likely from funding operations.

salaries, office rent, travel to Chile, legal retainers etc.
apparently they have sold stock to provide this funding. this is a legitimate business strategy for start-ups though it is commonly abused by pinksheets CEO's.

soon we will see if management is able to succeed in acquiring lithium concessions and moving forward with the execution of their corporate business plan.

if so, shareholders are in on the ground floor lucrative opportunity.

my personal take is that management seems very professional and looking for long term growth opportunities. they are in a great sector and according to pr's are taking aggressive action to secure a position as a gatekeeper to lithium reserves.

if they pull this off they are going to make shareholders alot of money.

we shall see.

jmo gl^^

[mick]

wrong date?