Replies to post #31840 on Saleen Automotive, Inc. (fka SLNN)

[wj2005]

Well again and again it’s only opinions and NOT facts!

Now something that is fact is that it can take more then 3 days for approval from the FINRA... please read below:

After a Form 211 is filed, how long until the security can begin quotation on the OTCBB?
There is no standard time to process a 211 and clear the market maker to begin quoting a security on the OTCBB. The time it takes to review a 211 may vary significantly depending on many factors including whether or not FINRA has to request additional information from the market maker that submitted the form and upon how long it takes the market maker to respond to requests for additional information.

Additionally if I continue to read you will also see that the only one that can find out the status of the form 211 is proprietary and will only be discussed with the firm that filed it:

How do I check the status of a Form 211 filing?
Contact the FINRA OTC Compliance Unit. Please note that the Form 211 review process is proprietary and, thus, FINRA will only discuss details of the filing or review directly with the firm that submitted the Form 211.

So with this being said, the opinions of them never trading/quoting again has no proof, that they will never file again has no proof and that there form 211 was denied has NO proof since there is NO standard time for this to take place. Now unless you or I are the firm that filed the form 211, there is no possible way of us knowing the status of the form.