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Why would anyone wants to sell below $1 is beyond me.
I believe many went in at $1 (formerly 0.0001) before the RS. Perhaps holders should just price it above $5 to squeeze out the shorts.
Time to squeeze the short! Someone shorted it down to 25cts!
AGREED! B1gbtv needs serious help!
He wants to be the best president Israel ever had and, turn Gaza strip into Las Vegas!! OMG!!!
This guy is in serious mental condition and I sincerely pray from the bottom of my heat that he receives the medical aid he urgently needs.
I think EV won't let this go down w/o a fight.
Something is definitely brewing and I believe he's not allowed to speak publicly until certain phase is achieved.
Some patience would be nice.
I'm putting up my few hundred shares left at $10.
Anyone else doing the same?
Merger??? Let's see $0.01 breakout!!!
Even IF SLNN trades again, we're looking at 2000:1 R/S as what Silverboygt has mentioned earlier. Nothing left for shareholders with that kind of massive R/S.
Definitely a wash, rinse, repeat process.
What good does it do then, shares w/o trading?
And SLNN gone private means they report to no one. So the shares is practically worthless IMO. Like I say earlier, if SLNN issue me a cert, I'll just hang it on the wall for souvenir sake. LOL!
Adding to it, old shares won't convert to the new.
Steve is smarter than I thought!
He doesn't need to buy back any shares like I initially thought he would, just let it die a natural death. WOOHOOO!!!! I admit I didn't know of this tactic. Learn something new everyday. LOL!
I like your spirit, but I'll be realistic for now.
LOL!!
Nobody post in FB to give Amy a thrashing?
I'm thinking FB should have tons of swearing by now. LOL!
Steve would buy back at 0.000001, not 0.0003-0.0004.
At least I would if I need to buy back my shares. The lower the better!
Maybe the brokerage doesn't allow the sale?
As others have reported, they can't put a sell order.
For me, I just let it goes into the abyss. If lucky, after SLNN goes private, I might just receive a cert stating I'm a shareholder. Frame it up & hang on the wall. LOL!
Maybe SLNN wants to delist & reorg. After that then re-list it as a brand new co. with new shares structure in a new name. Start everything afresh, a clean slate, a new beginning. JMO.
Private R/S? That sounds extremely bad...
Does it mean SLNN will be delisted first, made private, then they do a R/S?
After R/S SLNN is going to do a share buy back for $0.000001 per share?
That would be totally evil. Is Steve such a scammer?
There isn't any proof of insider trading for him.
All he said was he sold everything at a loss despite all positive news.
Appreciate your effort there JW4. Thanks.
If the reply is genuinely reflecting what SLNN is doing now, then it's good news. However my next concern would be a share restructuring before relisting again. Maybe what I'm holding now becomes $0.10 after. LOL!
Well there's always hope for the better! GLTA!
This assumption is too extreme.
Nobody has any info of creditors & SLNN credit line nor how much money they have. I'd rather not jump to any conclusion until concrete info is available.
The other extreme would be Steve doing a stock buy back for 0.000001 per share. Peanuts for everything.
Either way I slice it, it's a case of devil & the deep blue sea. Neither is good.
While you are there, please take some pics of the entire production line.
SLNN is going to be another Dell. The difference would be Steve will let this be delisted via SEC actions & screw all share holders, while Michael Dell bought back the shares & went private.
My take on this.... SLNN will become private.
Their business is legit. Production is going on & deliveries, etc.
The SEC revoke is also legit. No filings, delinquency, etc.
This leaves only 1 conclusion that I can see, SLNN will go private. So all shareholders will just be bag holders, hanging on to those shares & not able to sell any of them. Meanwhile SLNN will continue business as usual.
For me, I concede my lottery ticket didn't get any win. I bet small so it's not a problem. But I do feel sad for Ron & others that had sunk thousands, if not tens of thousands into this.
There's always hope for a better tomorrow! GLTA!
High vol with price drop is bad news, usually.
O/S not updated but also no massive dumping either.
If the O/S has already been diluted, we would see massive dumping to 0.0001. This is the trend I've seen in numerous pinkies, but SLNN hasn't had that kind of dumping.... yet. Make sense, if I were a debtor holding on to 100s millions of shares, I would dump them all immediately to recover my money quickly. Or have I missed it?
I look at google finance & yahoo finance. Both reported SLNN market cap to be $828,860 (as of this typing) at 0.0004.
If my maths is correct (828860 divide by 0.0004), that works out to be 2.07B shares currently. So the O/S has not increased since their last 8K, am I right to say that?
Can you update what the O/S is now?
I checked ihub & it says 2.05B. Has the dilution begun already? Or the O/S not updated yet to reflect the new quantity?
I vaguely remember the A/S has been increased, but what about the O/S? That is something I think many of us here are interested.
Thanks.
The R/S filing missed the deadline, didn't happen.
Or did I miss any recent news about the R/S already completed? Do update all of us here. I'm vested & wish to know more. Thanks.
Non compliance can get approval??
How does that work? Can you explain a little more explicitly? How can SLNN already sold unregister securities w/o conforming to the rules & yet got approval for the process?
Thanks DP, that's my understanding of what you posted.
So no disclosure filings means no Form D?
But it was made public yesterday, so the Form D has been filed, means they must disclose docu required by the Form D filing.
I really can't see how this Form D is legit w/o meeting or fulfilling the 505 criteria, which is mandatory.
1) Yesterday Form D is real. Means SLNN must file something soon, or they already filed something that is not known to public (is that allowed?) The unregister securities cannot be sold w/o approval from authority body, if securities are sold, means SLNN has met all criteria listed in 505.
2) Yesterday Form D is fake news. No Form D, everything remains in limbo.
Anymore possibilities?
What about those disclosure docu listed in 505?
Aren't those criteria mandatory to file for Form D?
DP has detailed out it's not a straight forward selling into the open market. Not knowing the full pic is a dangerous thing.
Thanks. I find the following interesting to note:
But is the unregistered shares the same as common shares?
Thanks for the info.
So that is to say the shares sold have a locked down period? The dilution comes later?
Another qn: In the event of a R/S, will this unregister securities be affected?
This sale of securities w/o registration thing....
can it be sold on the open market since it's not registered?
Me too! Now I would have made 9900% profit!!
LOL!!!
If you have to lose your pants betting, it's time to stop. LOL!
Hang on to your pants folks! SLNN is gonna explode!!!
A big THANK YOU to those who did the DD for the rest of us here.
GLTA! GO SALEEN!
WOW! This is a new low, 0.000001
There's nothing wrong with me, I've seen this in a few tickers.
I can already imagine daily close:
Day 1 - 0.001
Day 2 - 0.0012
Day 3 - 0.0018
Day 4 - 0.002
Day 5 - 0.0023
All $10 trades. That would draw many new investors.
FRHV can end the day 0.001 with $10 trade.
Is $10 trade enough vol? Or consider vol?