As a SLNN investor on this site, here is what we know today that
SLNN Investors using different investment sites do NOT know, because of this posted information acquired from a Saleen employee and posted only to this investor site:
1) We know that Saleen sold four S7's for $1,000,000 each = $4,000,000 Future Revenue
2) We know that Saleen received four deposits X $350K = $1,400,000 Cash
3) We know that Saleen will receive another three progress payments = $1,400,000 in six months Cash/$2M
Revenue
4) We know that Saleen will receive another four final payments = $1,200,000 in twelve months Cash & $2M
Revenue
We know from the photographs of the S7 that Saleen has some inventory & probably hired employees for the engine development & S7 production.
We know that Saleen has $1.4M Cashflow (much more than $60K reported on their old Balance Sheet)
So when you trade tomorrow, do you know more than other SLNN shareholders who do not have this information?
Are you more likely to BUY and they more willing to SELL?
Are you more likely to value SLNN higher than them?
If you answered Yes than that's Insider Trading.
If you answered No than you are lying.
