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Wednesday, 03/19/2014 9:52:13 AM

Wednesday, March 19, 2014 9:52:13 AM

Post# of 32167
I don't understand how you guys can be so optimistic on SLNN. The company is defaulting on tons of payements and they said the following on their last filling with the SEC:

"However, additional funding will be needed to continue operations through March 31, 2014, which the Company currently anticipates raising through the consummation of additional Stock Subscriptions. In addition, management will need and is currently seeking additional funds, primarily through the issuance of debt or equity securities for cash to operate the Company’s business beyond March 31, 2014. No assurance can be given that any future financing will be available or, if available, that it will be on terms that are satisfactory to the Company. Even if the Company is able to obtain additional financing, it may contain undue restrictions on its operations, in the case of debt financing or cause substantial dilution for its stockholders, in case or equity financing."

The important part is "Even if the Company is able to obtain additional financing, it may contain undue restrictions on its operations, in the case of debt financing or cause substantial dilution for its stockholders, in case or equity financing."

Can you guys explain why you are so optimistic? And please don't tell me it's because of the movie or the fancy press releases.

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