Don't see Saleen shutting down in the foreseeable future? Well, Saleen's CPA firm does. How much more debt would it take? $8M in Debt. $3M Delinquent. ($812K) per month negative earnings. Negative Gross Margin. No financing left. Stock is nearly worthless and 38M shares pledged to debtors in June & July. The company is making payroll by cashing deposits on vehicles and not having enough cash left to buy parts to tune the cars they were paid for. All I see is imminent bankruptcy.
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