Replies to post #5202 on Saleen Automotive, Inc. (fka SLNN)

[AutoInvestor]

Not really true:

Now that the 2015 is out in all 3 trim levels, the revenue will be increasing. Pretty simple to understand!

In order for the revenue to go up Saleen has to tune more cars.
In order for Saleen to tune more cars they need to buy more parts.
In order for Saleen to buy more parts they need money.
In order for Saleen to get money to buy more parts they need
to find a lender or investors.
In order for Saleen to find a lender they have to believe that Saleen is credit worthy
and will pay back the loan plus interest.
In order for Saleen to find an investor they need to believe that Saleen's business plan
will work and that their shares will increase in value without be diluted.

Saleen's credit history is terrible and they are in default on every loan
and nearly every vendor. So forget about new loans.

Saleen's business plan has failed, the stock is nearly worthless
and what investor is going to put money in
thinking that the share value would go up and not be diluted
more after the investment. Forget about that too.

So it's not so simple! Where is Saleen going to find ($812K) just to fund April?
Who will write a check for $10M just to payoff old debt?

Any answers to this simple cash problem?
It's pretty urgent to find answers.