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Re: portcitybob post# 31653

Wednesday, 07/31/2019 10:40:05 AM

Wednesday, July 31, 2019 10:40:05 AM

Post# of 32167
Saleen Motors International has a licensing deal with Saleen to sell Saleen-branded vehicles on "an exclusive basis worldwide other than in North America, Europe, Middle East and Australia."

Saleen gets paid a royalty for each vehicle that Saleen Motors International sells.

You can read the Form 8-K from June 5, 2015 that details the agreement right here.
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