Replies to post #78597 on Strategic Asset Leasing Inc (fka LEAS)

[jonoc1]

What happens if Wl and Mmte are served before sept 1. Doesn't it all become very relevant and immediate to the discussion. Not least it's bad publicity and could impact pps.

[Chroma-Z]

That is 100% correct - Liebs stated MMTE has not been served.

There have been a lot of PRs regarding what MMTE currently has in terms of land concessions, etc. In terms of those concessions they are worth 10-30k per acre so $10k - 30k * 16,000 acres = $160 Million to $300 Million.

Regardless of current Chilean law MMTE can still mine and export other minerals which are very valuable.

[DrozdDawg]

Perfectly stated. The "rumors" William speaks of are shouted from the rooftops by certain individuals on this board. They will be squelched soon enough and you'll see the same posters speak of what an incredible company this is as the PPS rises!

Announcement of board members will knock our socks off. JV's will make our head spin and uplisting will shoot us into the stratosphere. All will happen in the next 3-6 months. Mark this post.

The only thing I cannot say with full confidence is when the Chilean Govt. Will change mining laws. If I was a betting man my money would be on 3-6 months as well. Look at the PR's everybody. "Mammoth Energy is in acquisition mode." Why is that?

William is scrambling to grab everything he can before the law changes. When that happens....put on your space suits, were going to Mars! Go MMTE!

[Phrozt]

They're actually asking for $10mill + several instances of $75k...

Which... if anything.. goes to show how ridiculous this thing is. I'm not making any comments on whether or not they have grounds in the lawsuit. I've read it, I have my own ideas, and I choose not to.

HOWEVER... the "damage" sought by the plaintiffs are completely unreal. They cite the fact that if they had their shares back when they should have become unrestricted, they could have sold them and made a lot of money.

Ok... let's, for a moment, say this was a perfect world (for the plaintiffs) and they had their shares back then.

A) There's no way they could have sold for anywhere CLOSE to $10m (I think it was $2.something..)
B) They would have to prove that they had an intent to sell. If anything, because they SPECIFICALLY mention that WL said his target price was .05, that would prove their intent to HOLD.


Again.. I'm just preparing for the long haul. *IF* the lawsuit had any validity whatsoever, the damages sought makes it a laugh.

[DeDe3]

Hi Jstone -- you nailed it.. once the names are revealed for the Non-executive Advisory Board that will tell us where Will is headed.. reason being is he thinks out every single step he takes like a chemist working on a life-event-changing formula. He also lays his blueprint out for all to follow... his PR's tell us where he is going.. and he accomplishes it.. this has been his MO for two years.. he only refines it more and more as time goes on.
... that advisory board is going to be a eye popper I'd imagine.
picking up all the cheapies I can here !! ;)
Dii