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Re: wj2005 post# 7403

Wednesday, 06/10/2015 5:56:40 PM

Wednesday, June 10, 2015 5:56:40 PM

Post# of 32167
Completely wrong. If Saleen had funding the would pay their bills and have the capital secured to grow the company. Read the last 10Q. They have little cash or inventory and they owed $9M before their new loans hit the books.

Greentech is a seperate privately held company. They will let SLNN, the public company go bankrupt since they own the assets and IP already. That will save them $10.7M of debt and ($814K) per month in losses.
They have just built a new facility in Missouri so they will shut the Corona, CA plant down.
This has already been decided and as soon as their converted shares are cashed in on the backs of the OTCBB investors they will shut Saleen Automotive down and give Steve a job in Missouri selling tuned cars to the Chinese under his SMI label. This is a done deal. Steve is gone already. Call his new number in Missouri.

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