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Re: wj2005 post# 11610

Saturday, 07/18/2015 6:58:37 PM

Saturday, July 18, 2015 6:58:37 PM

Post# of 32163
This is simply not true.

I addressed this in both my last 2 comments and I quote:

I don't remember anyone claiming that Saleen couldn't or still can't keep their doors open if they keep issuing toxic debt. Still it's not good news for shareholders.



I myself, and I don't remember anyone else, never said Saleen will be closed by the end of the month if they keep diluting the stock.

I directly addressed directly your false claim.

Now to your second false claim:

Lack of mustang sales hurt the revenue for last year. It even says it in the report. Go read it, it will answer your questions.



And there are reasons why their Mustang sales are low and that they can't get chassis. They can't build cars because they don't have any money.

They confirmed that July 8th 2015 they only had $21,000 and that money generated through their operations wasn't enough to fulfill their obligations.

July 8th is 8 months after Saleen first received (or at least claim to) Mustang 2015 chassis. 8 month after and they can't make money from the 2015. That's a fact.

They missed the boat. 2015 is over.

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