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FredVestor

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FredVestor

Re: DaReal post# 5503

Tuesday, 04/21/2015 5:01:46 PM

Tuesday, April 21, 2015 5:01:46 PM

Post# of 32163
None and that’s not even the most obvious evidence leading us to believe these notes are meant to be converted. If Saleen was planning on paying these notes cash, they wouldn’t have agreed to 135% and 150% premiums. These notes are designed to be converted at maturity. It's obvous and it is very clearly what happened with JSJ’s notes since no one else would be willing to sell millions of SLNN shares sub-penny.
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