You own a small, bloated company with little cash and huge debt that makes a product you can make with available parts and expertise in your own garage. You can even buy the same lift everybody is so excited about from Best Buy.
This is a bolt on tuner at best. And there are a ton of them within spittin' distance of any metro. It's a niche market within a declining niche market. Everybody in their 50's that wants one, has a muscle car. The 22% increase of 2014/15 maxed out that market.
If Saleen has sold rights, licenses, proprietary processes or information for the sole benefit of Steve, I have a problem with that.
As I've said before, I've been there on several occasions and posted pictures. I have never seen any activity at all. I do not believe they have produced any of the cars that have been marketed lately in the Corona facility. The demand is very low at one a month, less the promo builds.
The China thing has yet to be seen and I'm skeptical and suspicious. The S7 is even farther down the theoretical pipeline.
