Saleen Automotive, Inc. (fka SLNN)

[DaReal]

June 2nd $50k Note = 21.5M shares
per the conversion Terms and based on today's low...
The amount of shares that's needed to satisfy this note is growing rapidly on a daily bases.

And don't think they will convert all at once... little by little is the key, see the continuous selling via the Dilution MM's VFIN and BKRT. Those Toxic Note holders know the game in and out, it's there daily Bread and Butter... Not the first Stock they will slowly drive into the triple 0's and of course not the last one.

The only Guy to blame here is the CEO, he signed those Contacts... well knowing what they are and how they work. Obviously he doesn't care about shareholders at all. Didn't took him long to drive the Saleen Brand a second time (not yet) into Bankruptcy, but currently extremly close to BK...


JMHO, GL to all here.