This is not true. You forget that when Saleen accepted the $500k royalty advance, they included an amendment to their IP rights so that they immediately cede in the invent of a bankruptcy. That's al IP rights, not just Asia.
They will have difficulties to enforce that, but anyway, the plan is clearly to give an heads up to GTA when it comes to that so they can pick up IP.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.