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Again, he did not say Saleen has grabbed all the market share or however you want to twist it.
Again, its a general statement being twisted once again.
They have built more then one which we already know, so making a statement that they built "1" is again incorrect and has been incorrect each time its stated.
He is speaking in general about the global automotive EV market. Once again, twisting the words to make the "opinion" more believable which it is not.
Comments like staying at the best hotels is ridiculous, not true and no proof to back the "opinion".
The speculation as to what the "goal" is completely wrong, has been wrong and will always be wrong.
I am not steve but I can say that his goals are NOT what the "opinions" being posted at all.
He is speaking in general about the Global EV Market. No where does he state that Saleen is taking over the EV world etc like being stated in the "opinion".
Taking words out of context, twisting the words and then stating an "opinion" that is completely made up is ridiculous.
Point about one,two or more Saleen Tesla's is just the point that they have produced more then just "one" as stated in other previous "opinions" which again are all incorrect.
More then 1 Tesla produced
More then 1 white, yellow or black label 2015 Saleen Mustang produced
All opinions stated on the above have been only 1 has been produced of each which is completely incorrect. We have proof of this again and again, provided proof but it continues to be stated incorrectly.
I didn't say they dont own there own vehicles. I'm just saying they don't always have there company owned vehicle on display.
Again, going to car shows would explain a lot as Saleen is not the only company that uses private owned vehicles for display.
Regardless the opinions are incorrect. Just like them being closed at the end of every month for over a year. Just like there being more then 1 Tesla around. I could go on and on.
Nope, every bit of that is incorrect.
Ever been to any saleen facilities either current or past? How about any car show or auto shows that Saleen has been at?
I'm guessing not. Reason for that is lack of knowing what cars are being shown or who owns them.
Perfect example is the Orange County Orange 2013 351 Saleen Mustang was not owned by Saleen and never appeared in inventory. That vehicle was shown at many shows and was privately owned before it got to Saleen and the whole way through production at Saleen and after production.
So again, completely incorrect with these opinions.
No, not borrowed at all.
Not every car will show in inventory. I can own a Tesla and send it to Saleen. I would still own the car and it would NOT be in there inventory since I own it and not them. Not hard to understand at all.
Lol barely put one together?
Last time I checked the car has been shown multiple places, rubs and drives etc. So that is much more then barely haha
Regardless who owns the cars, they still built them which proves another "opinion" wrong about how they don't build any cars lol.
Well that is 100% incorrect just like most of the opinions.
Meaning they are the same car just that the red car was redone and became the black car?
So I understand correctly...
The red and black Saleen Tesla's are the same cars?
The car sounds good in person. Not like an rc car by any means.
Absolutely not true at all.
There are no facts they are the same car. What I will say is there are more facts/proof they are different based on the pictures f the car AND the interior color looks different.
So really all evidence points to TWO different cars.
Just because its not in there inventory doesn't mean it wasn't built.
Every vehicle won't show on the filings just FYI. Because some are NOT owned by Saleen. Nothing wrong with that as its then not a liability of Saleen, just revenue on what they do to it depending on the options.
Its like ordering a door. Maybe the door is stock and just gotta order the side lights as an additional option. The door would show in inventory but the sidelights wouldn't since it was special ordered. Know what I mean?
No proof to the statements at all.
I thought we were talking about day traders... Now its converted shares? Which is it???
Still open, not at zero. Still just opinions and no facts to back that.
Only thing closing in is increased revenue and share price increase, not decrease.
Completely incorrect.
This is a black one that is different from the red one. There is more then one around.
It doesn't matter to an investor?
That makes absolutely no sense at all lol
Now what I will say is the day traders is what has hurt this stock. They do want to get in and get out quickly which has hurt this stock.
They don't lose on every white label mustang and they all don't cost $42k. No fact just opinion about that. The statement has no merit at all and has no facts to back it.
I have said utnbefore and I will sayvit again, they have paid on the payroll taxes and it is DOWN from March to December. That time frame is 9 months that it went down not up. And over 9 months they had additional payroll taxes due BUT it went down! So please, investors can figure out that there are not just negatives to look at but also positives.
My point is the opinions are incorrect with stating they have only produced one of this car and one of that car when that is completely incorrect! Facts are out there in either picture or video form to prove the opinions wrong.
They are producing cars.
We have seen multiple pics & videos of white and yellow label vehicles that have been produced.
That is completely incorrect.
Its called a deposit which is exactly what it is.
It is a ridiculous statement that this is a ponzi, far from that for sure.
If they did exactly that, then there would be comments about how they aren't trying to get more business.
They have to continue to build the cars they have orders for and continue to get more orders. No way they will increase the revenue without more orders.
Well I am sure they are also taking more orders which would then make the deposit amount go up right?
We have seen videos and pictures of several 2015 Saleen Mustangs produced so yes they are producing cars.
They have inventory and can and are building cars. The pics and video we have seen is proof of that. This proves that statements like "they can't build any cars" is false 100%!
Completely incorrect!
Yes they have deposits but doesn't mean they are not delivering or producing cars. That is speculation/opinion only not fact.
Just like they wouldn't produce the black label or Tesla?
Or the number of white and yellow label cars we have seen that have been produced?
So yes they are producing cars so the comment is completely false.
Saleen has been around for a long time.
The reason is because he had to basically rebuild the company from the ground up after he left Saleen Inc in 2007.
It won't happen overnight but progress has been made.
2015 should be a great year with the new 2015 Saleen Mustang out.
Did those facts come from wiki?
Sponsor/exhibitor
Why wouldn't Saleen go to an event like this? Now they should get free space to display there car?
This works the same way at Mustang Shows Nation wide. The exhibitors don't get free space to show there cars. You can call this a sponsor or exhibitor. Why? Because they are doing both. The are an exhibitor of there vehicles/products but also paying for the space which also makes them sponsoring the event financially.
Again, maybe myself being around car shows over the last 15+ years is why I understand this.
Well it seems Tesla fans in LA like Saleen:
http://finance.yahoo.com/news/saleen-gtx-tesla-drew-crowds-120000778.html
No, that is completely incorrect.
There are additional factors for the negative gross profit not just "they lost money on every car they sold". Opinion, not fact... Plain and simple!
The stock still went up REGARDLESS of what the volume was. Point is the stock went UP and not DOWN.
No that is not true at all.
Firstly, the company can apply the "guidelines" any way they want. That is what a guideline is, it is NOT a RULE.
And no, they didn't lost money on every car sold. A completely incorrect and fictional statement.
Last time I checked it started at $0.014 and closed at $0.018 Up 24%
But it didn't go up?
I also noticed that reading the article. No mention of the stock.
Today was a nice 24% increase in price. Now if we can just keep that up we will see .05 very soon.
Hmm, ok. Well let me clear some things up about this:
Nice pop today in share price.
Just the beginning of more positive things to come from Saleen in 2015!
Accounting Inventory Methods... There is not just one way to account for inventory.
So, depending on what method is being used makes a HUGE difference.
The current inventory can also count against the cogs.
Regardless we are talking about a $15k difference.
Just wait to see the next filing when the increase of revenue starts.
Still completely untrue.
It was never a scam etc. They produce a real product for customers.
Accurate warnings? Lol. One year? Its been two not one lol
I remember a time that the stock increased from .05 to .12 a share but ya all it has done is went down right?
Last week the stock went up from the low, but its only going down huh???
They had just started building any of the white labels before the last filing. With that being said, I'm sure there were several vehicles in production "cost of goods sold" but hadn't been sold yet to count towards "revenue". Pretty easy to figure out imo.
The next filing will show an increase in revenue from the last because of the production of the 2015 Saleen Mustang white, yellow and black label trim levels.
Just one of each?
Really??? Um, I thought it was just stated they produced a couple white label now its 1?
I thought the Tesla wouldn't be produced? Or how about the black label?
There have been more then one of the white and yellow label cars, more then one Tesla. And the black labels are in production currently.
Again, if the main shareholders were "pumping and dumping" they would be doing so for more then .014 a share. That is a ridiculous statement to make and not true at all.
Firstly, the valuation of $1.00 per share was what the stock was valued at before the reverse merger with Saleen. If this was a so called "pump & dump" stock then why do the major stock holders from the original merger still have there stock? Wouldn't the main reason be to "dump" the stock at the high or highest share possible and not on the low? And all of the major share holders to this day have not sold ONE share. Again, doesn't go along with the scheme that is being talked about. So please, that whole so called "scheme" is a bunch of garbage and has no proof to go along with it other then proving the complete opposite.
The auditors have to be neutral and can't just say all will be ok. That is ridiculous. The going concern statements are in most company filings even Tesla. I mean maybe if they hired a contractor or door salesmen to do there audit of financials for then then maybe it wouldn't be done correctly. And they have NEVER said they will be bankrupt in ANY filing. Please show us where the word bankrupt is?
And just because they don't have a filing by Tuesday does NOT mean they ran out of money. Again, speculation is all that is.
Not true at all.
Not ALL white label cars are $42k and they make money in every one the make.
They are producing the black label which has higher profit in each one thats sold.
IF they weren't making money in each and every vehicle sold then they wouldn't produce them, plain and simple. The opinion they lose money on every one produced is ridiculous.
So now its this april?
I thought it was last april, and may etc?
This is again just "opinion" or personal "speculation" nothing more.
Next year at this time will be the same "the end is this month" regardless with the increase of revenue Saleen will have between now and then.