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Re: blkbmwm98 post# 4455

Thursday, 12/11/2014 12:59:24 AM

Thursday, December 11, 2014 12:59:24 AM

Post# of 32167
Well according to many opinions Saleen was suppose to be closed months ago but that isnt the case. They weren't going to produce the Saleen Tesla or even get car stock Tesla to build but they did. They didn't have any stock vehicles to build BUT we saw 30 red stock mustangs all lined up. According to more opinions, they won't even produce the 2015 Saleen Mustang but we recently saw one in a photo inside the plant up on a rack.

They have parts in stock to build vehicles, they will be shipping the 2015 Mustangs soon which will create cash flow. Figure they have been without the mustang for several months because of the 2015 coming out.

Any cash flow can be used to pay for operating expenses so using the deposit money to pay xyz is expected. They will build and deliver the cars that have been ordered.

One thing that has never been mentioned is the current assets they have that includeds cash, accounts receivable, current inventory and prepaid expenses that is a total of almost $700,000 (according to the most recent 10-Q. So yes, they have the inventory to produce cars and will do so.

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