Saleen Automotive, Inc. (fka SLNN)

[FORTY-8]

If you loaned this company $10 Million Dollars ... and received a 61% stake in it in return (and other juicy cash-related 'perks') ... WHAT WOULD YOU DO NEXT?

i would INSTRUCT the Board of Directors to increase the authorized share count, by a couple of billion or so.

THEN I would (once again) INSTRUCT the Board of Directors to execute a Reverse Split of the outstanding shares ... say, 1 for 20, or even 1 for 50.

THEN I would SHORT the SOB into the ground ... all the while acquiring more stock ... and making a killing all along the merry way.

But of course, that won't happen here ... as it's only my very humble "OPINION".

But nonetheless ... THAT is what I would do!