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Someone already took McFadden. I'm still searching!
I need an RB to replace Joseph Randle :(
If they raised it to 15 billion I doubt it's any time soon
Ah
I never said they were receiving the down payment. Dilution is old news..the should be obvious now.
Well if it's raised to 15 billion they are probably far away from the down payment. Most likely more shares were issued for financing.
You can always count the loss, the broker can electronically "shred the shares" or sell it to themselves for .01 cent.
I know because I have done it before :)
15 BILLION, lol kalo has no heart
I'm not doubting the responses from him but the fact that he still till this day doesn't know an exact timeline.
I bet he's not really the boss.
Bob is not in charge. We prolly have to wait till December for that groups restriction to come off. My sources tell me otherwise, probably around or after Halloween.
Of course with bobs promise it could just be broken again...
Haha true:)
They know they need to sell the shell but I think they're getting greedy. It seems like they lost the opportunity.
They will eventually sell it because they HAVE to. However this is my last year holding.
If it doesn't happen this year I'm just gonna take the loss. It will help me anyways
I agree
This wasn't a momo play. Anyone that bothered to read the filings would see there was constant note conversions.
We get it man. No need to repeat the same thing. We are in this together.
White I have to stop you there, no they don't. If that was the case all public companies would have to be registered everywhere.
You don't have to register at the place where your office is. Just where you incorporate at.
For your out of state office it's irrelevant
Business Partner.
They can't sell till December! And even then they still have to request to get it unrestricted and then deposit it. That whole process(because brokers hate penny stocks) could take weeks to months!
Told all don't look for a bounce since .04 cents.
It's simple filings, dilution will continue.
:)
You met him?
The thing is they aren't current anymore. They lost the status
Some volume at .0001 wow
Wow life savings dam
That announcement will skyrocket the stock 1000%'s of percent
There is nothing a lawyer can do.
It's stocks, no one is responsible for your lost investment.
Shares cancelled yet?
Uh ok?
Lets discuss some fun questions?
What's the prize you are playing for versus your friends/family/random daily fantasy players.
What was the most valuable prize you have played for?
Well, they could still be successful, just without the benefit of common shareholders
It's not a surprise...the filings with note conversions some it up. That's what many should look for.
That's why charts don't work here. They can't predict dilution.
Because they will dilute down again making your equity worth 0. Hence penny land
It's just another word for "pumping"
I hope so
5 billion? Cmon man. None of that is realistic.
I think what's more realistic is what big corps have been always doing when in law suits to other companies....drag it out till they run out of funds
That's not a surprise.
Hoping it runs before that though.
Your 100% correct.
Like I said previously. They're millions in debt with many notes due.
Love the name and what the company has done with one of my top 10 favorite cars but a dilution and reverse split is the best option for Saleen.
We gotta put ourselves in the CEO's position. He needs to do what it takes to secure the company.
They are looking for more funding according to the most recent filing. It's most likely going to be preferred shares once the funded realizes how low the stock is and also because it specifically says they're considering giving someone an equity stake.
I have "Marvin Jones" from the bengals in my WR position this week, hoping he does atleast 15 fantasy points.
Love the board. Any sleepers you guys betting on tomorrow?
Looks like timings doesn't matter for Erwin?
I would think it would but I guess he's getting greedy searching for the right candidate to take the shell.
Guess I'm taking the tax loss this year
I'm still shocked this is the actual Saleen brand! These guys make customize cool cars!