You obviously haven't read the bank's suit. The change of control, which has been proven BTW since Steve had to convert $220k in debt to regain a controlling share, meaning he lost it at some point, is just 1 of the 9 complaints the bank is making and not nearly the gravest one.
You are only repeating what Saleen says in the 8K disclosing the suit which is a blatant misrepresentation of the lawsuit which is quite serious.
Saleen owes money to the bank. This is a fact. Saleen can't or won't pay this is a fact.
This is the second lawsuit the bank is presenting to Saleen, the first one got settle with an extension, but then Saleen again couldn't pay after the extension was over.
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