Replies to post #6131 on Saleen Automotive, Inc. (fka SLNN)

[FredVestor]

Why would anyone buy at $0.001 knowing that there's 2 big notes coming in 2 weeks at a 40% discount.

The first KBM note is now worth $130,000. If the price maintains $0.002, they will get 108 million shares at $0.0012.

That will drive the price further down.

[Milesblue42]

IMO there could be some Panic/Fear selling



IMO there is some panic dumping of SLNN