it may go on as an ongoing concern, but shareholders have been diluted to oblivion. story after story and the price goes nowhere, why??? of course this becomes long term when there are nothing but losses that go as far back as '13. where slnn turns $10,000.00 into $4.00.
How many outstanding SLNN shares will there be "some years" from now? Last year there was 2.07 Billion Shares outstanding. This year SLNN increased the outstanding shares by another 2.5 Billion Shares with another 1.5 Billion Shares authorized and ready to sell so 2.07B + 2.5B + 1.5B = 6.07 Billion shares potentially outstanding by the end of 2017. How many more shares will SLNN issue in 2018? 2019? 2020?
Current Shareholders are already completely Screwed. SLNN shares are diluted beyond measure. This stock is sooooo diluted it can NEVER be worth anything. Even good news (probably fake) will not draw new investors. No one with money would buy SLNN shares because there are too many outstanding shares issued and no investor wants to buy shares of a delinquent company with no financials that they CANNOT EVER SELL in my opinion.
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