posted
Wow, this stock only has a few million outstanding. 52 week high over $1.
Lease Smart, Inc. Announces Plans to Expand Into China and India Thursday April 6, 7:00 am ET
TORONTO--(MARKET WIRE)--Apr 6, 2006 -- Lease Smart, Inc. (Other OTC:LSMJ.PK - News) is pleased to announce that it is furthering its expansion plan by offering mining and oil equipment leasing through a separate subsidiary. The company's proposed mining and oil equipment division will provide complete financing and leasing services for equipment only and may later include equipment rental. ADVERTISEMENT
The company believes that commodity prices will continue to stay strong with high demand from emerging markets, creating an excellent equipment marketplace. The mining & oil drilling equipment sectors should continue to benefit greatly from the growing needs for commodities in areas such as China, India, Russia and elsewhere. Strong resurgence in part sales and maintenance appears to be already occurring, indicating the industry is moving into the next cyclical stage of replacing equipment, prior to mine expansion.
About Lease Smart, Inc.
Lease Smart Capital is a 25-year-old full service Commercial Loan Company. Established in 1979, Lease Smart offers a complete range of financing to small businesses. Lease Smart services include leasing, invoice factoring, loans, commercial mortgages, and credit services.
Lease Smart is not only a direct funder, but also have agreements in place with several leading finance providers in North America. Lease Smart's objective is to assist our clients in obtaining their financing requirements, and to aid their growth to success, every step of the way.
Safe Harbor Statement
The preceding includes forward-looking statements which involve known and unknown risks and uncertainties which may cause the Company's actual results in future periods to differ materially from forecasted results. Forward-looking statements above are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially due to a variety of factors, including, without limitation, competition, intellectual property rights, litigation, needs of liquidity, and other risks detailed from time to time in the company's reports filed with the SEC. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, but not limited to, continued acceptance of the company's products and services, competition, new products and technological changes, as well as any and all "other risks" associated with business.
posted
I would throw $500 at this. The stock is so thin that it could go to $1. I have seen this before in these thin stocks.
Posts: 4381 | From: houston | Registered: Mar 2006
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posted
Moving the bid up, this one looks good to me. I saw a thin one like this two weeks ago go up 1500% in two days. If anyone can remember the name, please post it.
Posts: 4381 | From: houston | Registered: Mar 2006
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quote:Originally posted by hurricanematt: this thing has no volume. whats up with that?
There are only a few million shares outstanding. This means that it moves very sharply. You would have to hold it a while, but I think the company has potential. The 52 week high is $1.10. Also, the value at $1 would only be a few million. This company seems very undervalued to me. Coupled with there emergence into India, and China.
Posts: 4381 | From: houston | Registered: Mar 2006
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-------------------- THE DEVIL HIDES IN THE DETAILS (DD) DO YOUR DD BOOOYAH :) Posts: 345 | From: central florida | Registered: Oct 2005
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quote:Originally posted by hurricanematt: How long of a hold do you think
Depending on how there success is in these emerging markets. If they are even relatively successful, this thing is $1. $500 buys you 100,000 shares. at $1 that’s $100,000. You have to weigh the risk, reward here. Seems like a no brainer to me.
Posts: 4381 | From: houston | Registered: Mar 2006
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posted
Ive changed my order from .004 to .005 and now the bid is down and its not going through. but it is there and it is on .005
Posts: 722 | From: Asheville, NC | Registered: Dec 2005
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quote:Originally posted by hurricanematt: Ive changed my order from .004 to .005 and now the bid is down and its not going through. but it is there and it is on .005
I have a B/A at .004-.005 Are you seeing something different?
Posts: 4381 | From: houston | Registered: Mar 2006
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