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Re: ronshappy post# 5478

Tuesday, 04/21/2015 12:09:53 AM

Tuesday, April 21, 2015 12:09:53 AM

Post# of 32167
Today's low was triggered by selling.
The high volume was generated by the
sellers asking for any price they could get
to find a buyer. There still another 24M converted
shares for sellers to liquidate their SLNN
shares for cash. Then 38M more hit the market
in June and July so this stock can only go down
as they convert to cash at any price .
These ex lenders know that Saleen is insolvent
and will go BK any day now.

Saleen still has not secured any financing
for April and beyond.... No 8-K filing .
Trouble ahead...where is the cash coming from ?
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