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Point is what is the customer count, 63, 65???
Also, they are CURRENTLY BUILDING vehicles so the deposit amount will also go down from what they just reported.
Lol. Ok
So how many customers is it? 65... Or 63? How many will it be next time???
Cars have been built and shipped so people are getting their cars.
Well we will find out soon enough I guess!
WOW! Some pretty strong words there.
No proof of that so its is completely incorrect!
Regards :)
Exposing what?
He said they are a scam, pump and dump being investigated by the sec. Which all are not true!
He deserves what he gets and I hope it costs him a bunch of money which he doesn't have anyways lol.
That's old news talked about over a year ago which simply never happened.
Saleen is still here and continuing to move forward. But thanks anyways. Lol
Regards :)
Lol now that was funny!
Now to face reality here. He is in big trouble with what he had said. Calling them a scam, p & d etc is not TRUE! I want to see him prove that one in court!
This will end up with Mr Lambert trying to prove EVERYTHING he said is truth not opinion which he cannot do!
There is no sec investigation. That is just ridiculous.
Anyone had the freedom of speech BUT you cannot try to destroy a company or person and be let to do that without getting sued.
I hope he is craping his Canadian pants right now because this is NOT something to ignore!
Regards :)
Lol. Ok
Sorry, but you are completely incorrect with this being a pump and dump.
Go search what a pump and dump truly is and you will see that Saleen doesn't fit that model at all!
Regards :)
Oh exactly!
To use so many hours of everyday to try and take down a real company that is traded on the OTC is just ridiculous and shows how a 23 (soon the be 24) thinks he can get away with everything he said!
Oh well, he will get his that is if he has the money to fight lol. He should just tty to settle with Saleen but then again, it might cost him much more then he has or has raised to do that. LOL
Yes he is and he will get exactly what a troll deserves!
He thinks he will win this LOL. The 1 1/2" think binder says otherwise!
He has called it a scam, pump and dump etc!
He has even posted several articles or so called articles pretty much bashing the company and the stock!
I hope he has to sell assets to fight his case and people STOP funding him because he should fight it himself.
Now wait a second... Now it would've Ok for Saleen to produce a special edition but just the other day it wasn't?
Secondly, I don't know if they are going to produce a special edition or not. I haven't heard of anything yet if they are or not.
As for a 2015 or 2016 if I got the 2016 over the 2015 I wouldn't be upset at all! Why would you be???
As for any changes to the regular white, yellow or black labels I don't know if there are. We will wait and see what they say.
Regards :)
Lol really??? Oh my!
From the 2015 to 2016 model year there will be little to no changes. So to start production on the 2016 won't be a problem.
No need for a "prototype" as stated because there isn't any changes that I know of. Now unless there is a HP increase but there is no need for a prototype.
The dates I listed were production of the stock mustang. Anyone that knows about cars knows that it will be several weeks before you see them at dealers. Lol
Regards :)
Lol. Sure haha
Hmmm... Wasn't this stated 8 months ago, over a year ago too?
And look, we are still here!
Regards :)
It hasn't been a year!
First, the fastback didn't start hitting the dealers till Oct 2014 with the FIRST ones being anniversary models ONLY!
There is MUCH more then just Ford building the 2015 MY Mustang and they haven't been on the dealer lots for almost a year now!
Orders for the cars are coming in quick but it is not easy to obtain the stock mustang. That is in the report, not old news.
Yes correct, but that also goes with the difficulty of getting base chassis's which hopefully with the 2016 MY will start to become a bit easier. Which the report also states!
LOL... Well neither has happened!
Also, same thing was stated almost exactly a year ago and we are still around. It will be the same a year from now too, we will be here LOL
Regards :)
The 2015 Mustang Fastback didn't hit the dealer lots till Oct 2014 and convertibles at the end of 2014!
2015 Production ends July 31 2015 and 2016 MY starts August 3rd 2015.
LOL... Wrong again!
The 2015 STOCK Mustangs were not available until Oct of last year... So really only maybe 6 months of true 2015 Stock mustangs.
2016 will be a FULL year production so that will allow Saleen to get there hands on chassis's a bit better.
Like I stated the other day, the first of the 2015 Stock mustangs were anniversary cars which would not be used for the Saleen.
So 2016 will make a HUGE difference over the 2015!
Regards :)
Lol. Not at all.
Easy to say that but that's not the case.
GTA is NOT Saleen.
Lol.. Now this is good!
The GTA deal is ONLY for the areas mentioned in the agreement. Yes, that allows for them to "USE" the name for manufacturing BUT NOT to manufacture the current Saleen branded vehicles! It is very clear, go read it again!
Regards :)
It's TRUE!
Go do some research and find out about the 2014 & 2015 production! Also what the first 2015 mustangs that were produced!
Wrong once again!
Regards :)
Also because they couldn't get 2014 chassis because of the change over to the 2015 Mustang... That is also in the report. Again, go read it!
Also, the first batch of 2015 stock mustangs were anniversary cars that wouldn't be able to be used as a stock chassis for Saleen. So once again, it was the lack of chassis's for low revenue on both the 2015 and 2014!
Regards :)
Goes both ways there buddy.
YOU are also not addressing that it was stated time and time again they will be closed OR bk at the end of the month, but it wasn't stated that if they "issued toxic debt" as you say they would stay open!
Lack of mustang sales hurt the revenue for last year. It even says it in the report. Go read it, it will answer your questions.
Regards :)
Again, it has been stated month after month for more then a year that they would be closed by the end of whatever month it was being stated. That is a fact!
The other fact is that the above statement has be WRONG each and EVERY time!
I will be saying the exact same thing this time next year just like I said I would be right now!
Now as for them increasing the a/s yes they will probably do it and yes that will allow for additional funding. Again, takes money to make money which with everything falling into place with the Asia market, 2015 Saleen Mustang and the possible supercar it's going to be more positive then negative in the years to come.
Regards :)
But wait... What happened to them last year? I thought they were closed 15 times over but has yet to happen and never happened.
But now, just now "things are going to get ugly"? Lol ya right
They are not " losing money in every white label" as stated. That is just ridiculous to state.
Regards :)
You are incorrect and also didn't list all the names!
Regardless, this is a public forum and I am not going to just start listing random employees names on here but nice try.
Regards :)
And actually its 26% on the revenue side so no they are not the same. My kid learned that those numbers aren't the same before he started preschool. Lol
Sure the percentages are close BUT the decrease in costs was more then then the decrease in revenue. Its the whole dollars that matter NOT percentages.
50% of $1 million is $500k
50% of $500k is $250k
So sure the 50% is the same but not the dollar amount.
Lol... Smh...
Regards :)
Lol!!! REALLY???
SO LETS SEE HERE:
REVENUE=$1.18 MILLION DECREASE
EXPENSES=$1.85 MILLION DECREASE
SURE, THOSE ARE EXACTLY THE SAME AMOUNTS LOL
SO YOUR SAYING THAT A DECREASE IN EXPENSES IS A BAD THING??? LOL
SMH
REGARDS :)
Lol... Really?
Ok, let's use that as the reason for the decrease. At $1.9 million decrease that would mean that EACH of this employees would make more then... $200,000 per year!!;
So sure, I guess that could be it but its not.
Let's say a more logical dollar amount to be $75,000 which is still probably high but regardless that makes it $675,000 decrease in salary NOT $1.9 million!
Another thing to remember is not all 9 left at the exact same time which means part of the last year report would include salaries for this 9 employees.
Nice try but the numbers do NOT add up.
It is clear that Saleen had made efforts to decrease expenses and we have the proof of that in the 10k.
Regards :)
Last time I checked it takes money to make money.
And if that means for the time being to issue notes that convert to shares so be it!
What I love is there has been NOTHING said about the decrease in the numbers from the year prior to the most recent one.
The operating expenses went DOWN by almost $2 million dollars and the net lose decreased by OVER 2.5 MILLION dollars. But absolutely nothing has been said about that!
That says a lot IMO right there! Even when you take out the difference of decrease in revenue of almost $1 million your still looking at a decrease of the lose by OVER $1.5 million!
So if the Ford Mustang would not have been having a model change the revenue wouldn't have gone down IMO and we would have been looking at a $3.5 million decrease in losses! And what if they could have increased the revenue??? Then the decrease would have been even MORE!
$2.5-3.5 million decrease is a HUGE decrease and a positive move in the right direction!
Yes there is negative in the filings but there is also POSITIVE which I have outlined above.
Nope, incorrect. Missing a few there but that's Ok... Its still more then 11 regardless lol
Yes, I know that there are people that are not in corona. But still there are more then 11 employees which has been proven with the most recent filing.
Regards :)
Yes especially since MOST do NOT do any filings since they aren't required. But SLNN does and has been which makes them a real business in the OTC market.
Regards :)
WOW! Talk about misleading!
Completely INCORRECT!
Transferring his financial exposure to the OTC market is ridiculous to state. Not true and WRONG.
He absolutely cares about his shares, the company, the cars and the customers.
For not knowing the guy at all those are pretty strong statements to make. But then again, they are incorrect!
Regards :)
LOL Ok
The CEO was involved with EVERY aspect of the S7! So technically yes someone that currently works with the current Saleen was involved with the S7 project.
So again, wrong again and yes they do have something to do with it!
Ok SO the restraints are very clear:
1. According to the 10k they need money.
2. They also cannot get enough stock chassis's to produce the Saleen Mustang which makes sense since the Mustang has been selling very well and it does take time to ramo up the production. The rest of this year should be better then the 1st part of 2015 because of the availability of stock mustangs.
So sure, they issue more notes and will start dipping into the soon to be 2.5 billion shares BUT in the long run they can do a reverse split to reverse all of this. For the time being there will bbea lit of shares but it won't stay like that for ever.
And yes 22 employees which is over DOUBLE what was stated before or the pictures that were posted since they were taken on weekends.
So let's see here...
Steve Saleen didn't have anything to do with the S7??? Lol
Who is the CEO of Saleen Automotive???
They never built the S7???
Wow! Well that is completely WRONG!
Were you ever in Irvine to see the Saleen S7 being built? I was and yes Saleen built the S7. Lol
Regards :)
So let me understand:
Lower volume isn't good... High volume isn't good?
I am happy with several million shares being traded per day. This is still MUCH higher then the few hundred thousand per day before!
Regards :)