Replies to post #31829 on Saleen Automotive, Inc. (fka SLNN)

[BigBake1]

They delayed shareholders of common stock from the market the opportunity to file class action lawsuits. The filing action was not going to result in a trading ticker. There are zero instances of a 12J revoked security trading again because they cannot get regulatory approval.

[mikeystrat]

To stall large bagholders from getting together and organizing a class action.