I am still hoping that Steve Saleen will turn this around, there are several scenarios that could play out here. Lets face it, there is a huge potential for Saleen Automobiles in China. America is no longer the largest economy in the world, Google some photos of some of China's cities they are modern architectural masterpieces, what our country was 100 yrs ago. The sleeping giant has awoken from its drug induced slumber, while the US is now plagued with the same problem and is going in the same path of destruction that ruined China 150 years ago. Google some photos of American cities, they have decayed to such that parts of Dresden looked better after the Allied bombings. Snapshots of a country's cities are a fairly good economic indicator of the direction that, the country's economy is heading. A general conclusion can be made, America downtrend China uptrend.
So here's my breakdown of the current situation. First the good news. A bumper year for US auto sales combined with an extremely refined 50th anniversary Mustang and the potential for a blockbuster no holds barred kick ass S 8 hybred supercar. Added to this situation, additional Chinese sales and other R&D projects with GTA such as the Saleen sedans featured on SMI website and we could have a major turn around. A positive scenario like this, combined with a reverse split could make a marketable investment.
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