Saleen Automotive, Inc. (fka SLNN)

[FredVestor]

You just copied and pasted SLNN's disclosure of the lawsuit. At least you should have put this in quote since it is not your words.

Looking at just one side of the argument is useless. Especially that Saleen disclosed only one of the 9 complaints the bank is citing in the lawsuit. I suggest anyone with interest in SLNN to read the lawsuit in full: http://pdfsr.com/pdf/slnncitizen and also to remember that Saleen does indeed owe this money, that's not what they are disputing, then don't they pay it? WHy?

What Amendment?.. Saleen just gave a Sublicense to use trademark..Keep it Real..

Oh I'm keeping it real, it's more like some didn't read the 8K?

We, along with Steve Saleen, also agreed to terminate Section 3.5 of that certain Assignment and License Agreement dated May 23, 2013, between our company and Steve Saleen, providing that in the event we file for a petition for relief under Chapter 7 of the U.S. Bankruptcy Code, or a petition
for relief is converted to a Chapter 7 proceeding, the license for our use of Steve Saleen’s image, signature, full name, voice, biographical materials, likeness and goodwill appurtenant associated with Steve Saleen and the “Saleen” brand would automatically terminate.

There you have it. They are making sure that when bankrupt, Greentech can right away use Steve Saleen and the "Saleen" brand.