Replies to post #3830 on Saleen Automotive, Inc. (fka SLNN)

[AutoInvestor]

Saleen is delinquent in payments of $729,314 of payroll taxes and
$1,402,889 from several outstanding notes payable which are in default.

The current cash resources of the Company are insufficient to meet its planned business objectives and operational needs without additional financing. These and other factors raise substantial doubt about the Company’s ability to continue as a going concern.
From Saleen's 10Q & 10K.