Replies to post #5513 on Saleen Automotive, Inc. (fka SLNN)

[FredVestor]

No one is arguing that! What everybody looking at the financials are clearly seeing is that even if the revenue increase 3 folds year over year(which they won't of course), they would still be losing over a million.

No way around this.

Saleen's only way out of this will be to bring a deal to the BOD with an investor group to bring the company private by settling debt.

This is what they will do, if they can manage to...

[AutoInvestor]

Yes. It's True. Saleen had a bad 2014 due to
customers waiting for the new 2015 Mustang model to be released.
Also, Saleen had a miserable 2013 the year before because
their expenses were so much higher than their minimal
revenue. Also again, Saleen had a terrible 1st Qtr of
2015 due to the late release of the 2015 Mustang.
Saleen is also expected to have a rotten 2015-Q2 because
no one is buying the Saleen Tesla and not enough people
are buying the 2015 Mustangs. No one knows what happened to
the Saleen Barracuda's ,Camaro's & Challengers?
Also, unfortunately Saleen does not have enough money to pay
it's bills and cannot find any more lenders to borrow money from
because they do not pay their note payments.
Also, unfortunately Saleen's Share price is nearly worthless
and for some reason no one can explain they cannot find any
investors willing to pay more than 1 cent for a share of stock .
The Highly regarded CEO's reputation is known worldwide
(according to his own PR releases ).
If he could just borrow another $75M to show everyone
what he could do that would be great.

[AutoInvestor]

$75 of SLNN traded today. The SLNN shares
finished the day at it's ALL TIME LOW close
of 1 cent.

In the last three days the Saleen PR Machine
pumped out the following promotions :

1) Four new Mustang Models-
Platinum
Titanium
NFS Limited
Sports Model

2) New Tesla S Model Launch

3) New China Dealership announcement

4) Free Saleen Mustang Giveaway

5) Saleen sponsoring Sturgis Mustang Event

6) Tesla customer delivery announcements with photographs
even though the cars are sitting in Saleen's shop

7) Barrylium Mustang at Knott's Berry Farm event

There is much more but why mention it.

With all this ground breaking, earth shattering excitement
and the stock goes down 30% fizzles out and dies in two days
to close at it's ALL TIME LOW of 1 cent.
These are tough day's for the stock pumping profession.
Maybe another company to represent would be more
rewarding.