Replies to post #11480 on Saleen Automotive, Inc. (fka SLNN)

[DarkPool]

Oh but it does! Little do you know!

[FredVestor]

This is correct. From the 10K:

In June 2015, the board of directors approved an increase in our authorized shares from 500,000,000 to 2,500,000,000. The increase in authorized shares is pending our filing and approval of an Information Statement.