Explain how Saleen will survive April?
It takes money to pay the rent, payroll, utilities, insurance,
debt payments, interest, sales department & engineering department expenses .
What about buying the parts Saleen needs to build or tune cars?
All COD. Where is the cash to run the business coming from?
Not from the sale of stock? Not from selling cars?
Who can Saleen borrow from? What lender or investor
is going to put up millions of dollars just to payoff Saleen's old debt ?
or even $800K to pay for April? Who in their right mind
would fund this bankrupt company now?
It is a big deep hole to climb out of and Saleen
needs to find a lender or investor this week or else
Paychecks may not be printed or bounced if they are.
No 8K published yet to identify a funding source.
This cannot go on much longer....
Just explain why you would buy shares in a company in
this poor of condition? Aren't there better investments out there
to chose from?
