Replies to post #99646 on Strategic Asset Leasing Inc (LEAS)

[karbo]

It will be no different if you are holding now or after...They have to R/S it 15 Billion A/S Thats insane

[malamutus]

Not quite.

Before an R/s:

- you have 1,000,000 shares @.0004 = $400

After a (1 for 1000) R/S:

- You now have 1000 shares @.40 = $400

If someone buys after the R/s @.40 they will have the same value as the shareholders before the R/S.

Now, much of the time after an R/S happens, if there is no real value in the company, the sp will quickly decrease in value from say .40.

So if there is an R/S as long as the price does not come down after the R/S, there is no difference.

[MaskedCat]

To worry about a RS at this point makes as much sense as worrying about being hit by a falling meteor. WL has retired old stock structure before so it's not new to him. A merger with another corp (which is more likely ) will change the SS. There is also a RM model that simply abandons the old corporate SS. In short there are many ways to deal with SS.

Besides that, WL has publically stated both verbally and in text "no RS", and so would be lible in a situation in a RS wqhere we lost money.