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BingBing90

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BingBing90

Re: DaReal post# 12749

Saturday, 10/03/2015 6:25:36 PM

Saturday, October 03, 2015 6:25:36 PM

Post# of 32167
Your 100% correct.


Like I said previously. They're millions in debt with many notes due.

Love the name and what the company has done with one of my top 10 favorite cars but a dilution and reverse split is the best option for Saleen.

We gotta put ourselves in the CEO's position. He needs to do what it takes to secure the company.

They are looking for more funding according to the most recent filing. It's most likely going to be preferred shares once the funded realizes how low the stock is and also because it specifically says they're considering giving someone an equity stake.




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