Replies to post #5375 on Saleen Automotive, Inc. (fka SLNN)

[AutoInvestor]

I think you meant this week and the week after. To talk about Saleen beyond next week, let alone years is just more PR hype and mis-information. Fact is, Saleen has not disclosed how it will fund April. No 8-K filings to SEC regarding new debt or financing. Where is the money that is paying for Saleen's ($812K) per month of expenses?

Only customer deposits could keep them going. Using deposit's to fund payroll and not build a customer's car is just a growing Ponzi scheme. They were already ($1.1M) in the hole with deposit money spent on everything except parts to tune cars they were paid to tune.
This will blow up.