Saleen Automotive, Inc. (fka SLNN)

[FredVestor]

This is false. Not even half of the notes have converted yet. You still have notes maturing all the way through October. Saying that all the notes have coverted is plainly false.

Just this one matures on June 18, how can it be already absorded? http://compliance-sec.com/secfilings/company/slnn/link_files/2014/09-29-2014/Form8-K(09-09-2014)/Form8-K.pdf

This is one of many...

That’s only the notes that have yet to convert. On top of that there’s absolutely no way of knowing for sure that the notes that have converted have already been sold, so again this is a dangerous assumption.

There’s been ton of fake volume. We’ve seen crosstrades of as much as 12 million shares. When you take crosstrades into account, volume wasw ay lower.