So what is being said is someone that has expertise in trade law doesn't know anything? Lol
Again, Saleen has over $1 million dollars in stock mustang chassis's on the ground in corona. The have back orders on vehicles. All of this and they aren't covering day to day operations? Lol
If that was true and they didn't have the cash flow to cover the day to day operations they would be issuing new notes which has simply not happened.
Remember, I have been around the Saleen brand since the 1990's. I have been to EVERY plant from the lake forest one to current. I have been around and have either driven or have had a ride in every car they have produced from that point till now. I am also an owner of multiple Saleen vehicles.
That being said to provide proof I know the brand, vehicles and people behind the company namely Steve Saleen.
Going off of old filings proves nothing other then being able to read.
So one question... Let's just say that they had the $1.1 in deposits but also delivered every vehicle that was order (which is what they are doing) but still they do deliver them. Then please explain how that is a so called "ponzi scheme"?
Very VERY far from that but please explain. I'm very interested in knowing how that can even closely resemble that.
Now, Greentech/SMI is not selling any stock Ford Mustangs or any other stock vehicles in China. They are selling Saleen Branded Vehicles. Very VERY big difference there. It is illegal to export stock vehicles to China but these are Saleen branded vehicles and NOT stock vehicles.
Like I have stated, I have more of a trust in someone with experience in trade law vs someone who is hiding behind a username on a public forum.
But regardless, good luck to you and your endeavors because I will be laughing all the way to the bank in the months and years to come.
Warm regards :)
