Replies to post #30823 on Saleen Automotive, Inc. (fka SLNN)

[QuickDeal]

Steve is smarter than I thought!

He doesn't need to buy back any shares like I initially thought he would, just let it die a natural death. WOOHOOO!!!! I admit I didn't know of this tactic. Learn something new everyday. LOL!

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.