Replies to post #31724 on Saleen Automotive, Inc. (fka SLNN)

[BigBake1]

It's not better, they converted $8.4 Million of debt to shares. That is not an improvement, there is $14 Million in debt sitting on this thing. As stated before $5.3 Million is carried in liabilities, the rest at $8.4 Million was converted to common shares to dump on the market. Of course now there isn't going to be a market so now becomes a moot point. Enjoy!