Saleen Automotive, Inc. (fka SLNN)

[DaReal]

How about the TOXIC NOTES as signed by Steve with nearly every known toxic lender available?

Toxic Convertible
Used by companies that are in such bad shape, that there is no other way to get financing. This instrument is similar to a convertible bond, but convertible at a discount to the share price at issuance and for a fixed dollar amount rather than a specific number of shares. The further the stock falls, the more shares you get. Popular in the mid to late 1990s. Also known as death spiral convertibles or floorless convertibles.

http://financial-dictionary.thefreedictionary.com/Toxic+Convertible

How long before the next A/S increase is needed in order to satisfy the Terms of those toxic notes?
Why keeping the TA gagged? Why no update of the OTC Page with TA CONFIRMED Numbers?

There isn't enough $$ to run this Company without the continuous need of toxic financing since very obviously no real INVESTOR will put a single dime in it at this point.
How to develop and built a new Supercar without the tons of needed $$ for it?

JMHO and GL