Replies to post #30820 on Saleen Automotive, Inc. (fka SLNN)

[BigBake1]

You are not going to get anything, once revoked the common shares are eliminated. The "reverse split" effects the preferred shares structure. The common shareholder is in effect being removed.

As it was stated before, the only way a shareholder is going to see a dime out of this is through class action lawsuit. But that is not realistic since it requires money up front and someone running it.

Simple put, shareholders were scammed.

[guitartrader]

I agree with you that it is possible. It all is just strange. I drive by the Saleen buildings all the time.

[DirtyPenny]

the last sentence in your statement describes these types of scams perfectly
wash, rinse, repeat
they'll try to come back as a new entity and fool a new crop of investors