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Old 02-05-2014, 04:06 PM   #41
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it has been very steady. up, down, up down. etc. I think I am slightly down on the initial investment, but I am still confident in my purchase.
1. Very steady up/down/up/down
2. Buy in dips sell at peaks
3. ???????
4. Profit

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Old 02-05-2014, 04:13 PM   #42
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1. Very steady up/down/up/down
2. Buy in dips sell at peaks
3. ???????
4. Profit



I also got in early on REVI. today was a good day.

.01 purchase
50k shares. close today at .0499
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Old 02-06-2014, 02:43 PM   #43
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Just got off the phone with my investor. He said he is going to send me an information packet explaining the opportunity. He stated that Steve just ook back ownership in his company in 2011 and is looking ot get back into a big project and he is going to use the money for start up capital and to pay off some debts the previous owner ran up. Also said for people to look to invest in the stock, because once the company start to do well again the stock will of course follow suit
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Old 02-06-2014, 04:07 PM   #44
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I'd rather invest in dogecoins.
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Old 02-06-2014, 04:08 PM   #45
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I'd rather invest in dogecoins.
not me.
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Old 02-06-2014, 04:21 PM   #46
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Why did Steve not retain company ownership from the beginning? Did he sell at a high point and let the new owners drive it into the ground? Or did he get coked up and want the money?

This seems like a critical point to me and why I'd question whether or not he knows what he's doing. Having turned it over to someone who ran up a bunch of debt, then stepping into pay it off doesn't seem like a solid foundation, but I guess that is just part of the risk / reward scenario here.


Probably will pass since I've got another opportunity lined up and need to get rid of some cash on hand. Best of luck!
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Old 02-06-2014, 04:25 PM   #47
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From what I was told he stepped down voluntary as CEO back in like 2008 due to the board leading the company in directions that he did not approve of. He regained ownership and is trying to make a new things happen. I guess one of the first things he is trying to do is reopen a Saleen Store in the South Coast plaza in Orange county.
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Old 02-06-2014, 04:27 PM   #48
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From what I was told he stepped down voluntary as CEO back in like 2008 due to the board leading the company in directions that he did not approve of. He regained ownership and is trying to make a new things happen. I guess one of the first things he is trying to do is reopen a Saleen Store in the South Coast plaza in Orange county.
I feel as if this is going to be either a company that if he hits things on point with will do very we'll, but if he makes a slight mistake it will get driven into the ground.

It's much easier to build up a company without starting in the hole than starting in a big hole.


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Old 02-06-2014, 04:31 PM   #49
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yeah. I am waiting on the info before any big moves on my end.
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Old 02-06-2014, 07:46 PM   #50
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Interested to see what the investor packet says....
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Old 02-06-2014, 08:52 PM   #51
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I bet they owe a lot of money. I know this shop that used to paint their bumpers and they owed them more than 20k

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Old 02-06-2014, 09:22 PM   #52
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I bet they owe a lot of money. I know this shop that used to paint their bumpers and they owed them more than 20k

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Supposedly alot fo debt is paid off but there ia still some left it could be a waste of time but still sounds like fun if legit
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Old 02-07-2014, 02:50 PM   #53
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so just received the paperwork who is interested?

http://www.saleenautomotive.com/investors.html
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Old 02-07-2014, 02:51 PM   #54
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I'll take a look.
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Old 02-07-2014, 02:53 PM   #55
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so just received the paperwork who is interested?

http://www.saleenautomotive.com/investors.html
inb4bubbleburst
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Old 02-07-2014, 02:55 PM   #56
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In July 2013 our partner, David Weiner (President of W-Net), engineered the reverse merger that allowed Saleen to take control of his namesake and automotive brand, SALEEN (OTCBB: SLNN). Their website has alot of information about the company, including an investor portal that shows all of the SEC filings, financials, etc. Check out the Saleen website HERE.

Weiner is very successful in taking profile companies public, and devising a path that allows the target company to thrive with investors realizing the benefits of our work. Richard and I work very carefully with David and the target company by providing ample opportunity for communications, marketing and promotion.
Presently our core group of investors with whom we have had relations for 10 years and more are on board with most of our offerings. Our clients join us in a variety of opportunities including i. extending debt and equity against quality real estate ii. purchase of cash flowing real estate with management in place iii.business opportunities and private placements. By joining us, your sphere of influence of highly intelligent and successful investors grows immediately.

In July 2013 the initial investment to Saleen automotive was $3mm divided by Weiner and a couple of our key clients. Proceeds were used to retire debt, accumulate parts for receivables, development costs for some new projects and administrative costs. Last quarter of 2013 under the Friends and Family Program we raised an additional $500,000.00 that was used for order fulfillment and product development...and now, through the next 2 weeks we are finishing the balance of the Friends and Family raise with approximately $450,000 available at .15 cents per share. Over 600,000 shares traded Thursday and reached a high of .40 cents. 52 week low was .30 cents and high of .56 cents. Richard and I are actively aranging introductions to qualified investment bankers and Fund Managers with whom we have relations to discuss the next raise of $10M+ that specializes in profile mergers like Saleen Automotive.

This may be the last opportunity to participate in the Friends and Family raise. Once the fund is engaged and the word gets out, the stock will no doubt increase significantly. Nothing is guaranteed, but all looks extremely positive.
. We will need the subscription agreement and investment questionnaire and funds early next week. As a note, Saleen is providing a six month option to buy 50% of the amount invested (Above $100k) at 15 cents. All stock purchased now at .15 cents can be traded 6 months from day of acquisition. The process is simple.
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Old 02-07-2014, 02:56 PM   #57
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inb4bubbleburst
http://wallstcheatsheet.com/stocks/s...tml/?a=viewall
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Old 02-07-2014, 03:06 PM   #58
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Alright, in English and no bullshit. What kind of ROI is it predicted we might see on a $5000 investment?

What's this friends and family stuff about? $0.15/share but only if you invest over $100k or something?
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Old 02-07-2014, 03:08 PM   #59
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Originally Posted by GRIFFIN View Post
In July 2013 our partner, David Weiner (President of W-Net), engineered the reverse merger that allowed Saleen to take control of his namesake and automotive brand, SALEEN (OTCBB: SLNN). Their website has alot of information about the company, including an investor portal that shows all of the SEC filings, financials, etc. Check out the Saleen website HERE.

Weiner is very successful in taking profile companies public, and devising a path that allows the target company to thrive with investors realizing the benefits of our work. Richard and I work very carefully with David and the target company by providing ample opportunity for communications, marketing and promotion.
Presently our core group of investors with whom we have had relations for 10 years and more are on board with most of our offerings. Our clients join us in a variety of opportunities including i. extending debt and equity against quality real estate ii. purchase of cash flowing real estate with management in place iii.business opportunities and private placements. By joining us, your sphere of influence of highly intelligent and successful investors grows immediately.

In July 2013 the initial investment to Saleen automotive was $3mm divided by Weiner and a couple of our key clients. Proceeds were used to retire debt, accumulate parts for receivables, development costs for some new projects and administrative costs. Last quarter of 2013 under the Friends and Family Program we raised an additional $500,000.00 that was used for order fulfillment and product development...and now, through the next 2 weeks we are finishing the balance of the Friends and Family raise with approximately $450,000 available at .15 cents per share. Over 600,000 shares traded Thursday and reached a high of .40 cents. 52 week low was .30 cents and high of .56 cents. Richard and I are actively aranging introductions to qualified investment bankers and Fund Managers with whom we have relations to discuss the next raise of $10M+ that specializes in profile mergers like Saleen Automotive.

This may be the last opportunity to participate in the Friends and Family raise. Once the fund is engaged and the word gets out, the stock will no doubt increase significantly. Nothing is guaranteed, but all looks extremely positive.
. We will need the subscription agreement and investment questionnaire and funds early next week. As a note, Saleen is providing a six month option to buy 50% of the amount invested (Above $100k) at 15 cents. All stock purchased now at .15 cents can be traded 6 months from day of acquisition. The process is simple.
So, if one invests >$100K they get a per share discount. Is that to say that if someone invests under that amount, they could just buy the stock on the open market vs. investing directly with the company? Seems to me that there should be more in an "investor packet"

Edit: Also, the 52 week high for this stock was $1.15 according to Yahoo Finance and Google Finance....so, why does it state lower?
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Old 02-07-2014, 03:09 PM   #60
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How much are you investing?

This is the part of the article that bothers me:

Quote:
The new company raised $3 million from investors, and what Mr. Saleen plans to do with that money is anybody's guess. Since we're somebody, we'll give it a shot.
Investors want a plan, not just a track record. I think I'd rather keep an eye on it once the stock goes public and buy accordingly.
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