Saleen Automotive, Inc. (fka SLNN)

[wj2005]

Lol... Really?

Ok, let's use that as the reason for the decrease. At $1.9 million decrease that would mean that EACH of this employees would make more then... $200,000 per year!!;

So sure, I guess that could be it but its not.

Let's say a more logical dollar amount to be $75,000 which is still probably high but regardless that makes it $675,000 decrease in salary NOT $1.9 million!

Another thing to remember is not all 9 left at the exact same time which means part of the last year report would include salaries for this 9 employees.

Nice try but the numbers do NOT add up.

It is clear that Saleen had made efforts to decrease expenses and we have the proof of that in the 10k.

Regards :)