Saleen Automotive, Inc. (fka SLNN)

[FredVestor]

Not really , no. They already get a minimum of 40% discount at conversion. They are already making money. They will be pumping to make sure some chumps pick up the shares, but they will not risk to wait for it to go up since they are already making money. They know like everybody else that other notes are coming. They need to sell before the others get their shares and now they have to compete with them to sell.