Replies to post #7260 on Saleen Automotive, Inc. (fka SLNN)

[FredVestor]

How can you say an A/S increase is "not planned"? It's either that or they default on every note.

SLNN put aside 132 million shares for the ~$600k of toxic notes, but that was back when the stock was at $0.10 to $0.05. Now at $0.0008, it's a different game.

[DaReal]

Does it mean you are with the Company?
Or how do you know there wont be an A/S increase either planned or already decided?
The amount of shares that will be Issued during the next weeks will likely exceed the current A/S based on the given Terms for the related Notes.

JMHO !