I agree!!
Their is nothing wrong with the Saleen product. The one off display cars they build are great looking and have power.
The problem with Saleen is that the business model created by Steve Saleen, David Fiene, David Weiner and KBM Worldwide is not to build production Mustang's, Camaro's, Brracuda's, Challenger's and Tesla's (give me a break). The business plan is to sell SLNN shares and bail on the OTCBB investor's.
It's the purest execution of a Pump and Dump scheme you could find. The BOD's has a PR company owner, and a POT magnate who has done this three times before and is being investigated by the SEC. Saleen's lawyer has quit the board.
Now Saleen is funding the company with a conversion scheme
that screws the investor's coupled with a Ponzi scheme that is using deposits to cover the payroll rather than buying parts to tune the cars that were ordered. This Saleen company is not a business at all and should not be a publicly traded company. The public needs to be protected from these scam artist's.
