Replies to post #50218 on Strategic Asset Leasing Inc (fka LEAS)

[AMA]

No, it is required in the terms of the financing. Has nothing to do with dilution

[Gutts2318]

It's like buying a house. You need to show you have some sort of assets that give the bank confident in loaning money to you. (house market mess does not count :P) 10B extra A/S with PPS at .0004 = $40M.(cover the 1008acre deal) Higher the PPS, the more borrowing power MMTE has. MMTE financial side seem to not be an issue anymore.