Hey Bill, would like to switch to LSMJ. They had some nice news out today and share price reacted quite favorably. Stock was up over 500% today. I think we may see more as more investors become aware.
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.
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.
Contact:
CONTACT:
Elaine Davidson
(416) 609-8786
leasemart.biz
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