So, 500,000,000 (500M) shares authorized in now 5Xed to 2,500,000,000 (2.5B) shares authorized for the purpose of converting debt for these toxic financiers to try and liquidate back to cash by dumping them in mass to the OTCBB Auto Enthusiast investing community. Very nice.
If there was only one creditor converting SLNN shares they might try to time the market to get max value from the OTCBB investor. But with multiple toxic lenders it's a race to dump the shares before the other guys cashes out before you and leaves you stuck with converted shares you cannot sell.
So if my dilution factoring math is accurate the current SLNN share price of .0006 has the potential to be 1/5th or 20% of today's price which would forecast to an 80% share-price drop to = .00012.
So why would any SLNN shareholder expect the price to do anything but go down?
This is just my opinion. Invest based on your own research and conclusions.
These comments are my opinion. Invest based on your own research and conclusions.
