Replies to post #5958 on Saleen Automotive, Inc. (fka SLNN)

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There is no proof to be provided regarding this until the next filing!

Yes there is. SLNN stock is trading at .0060

Going off of old filings provides non up to date information. So please provide current up to date information that isnt several months old thanks!

The facts analyzed are from the most recently published 10Q.

If Saleen publishes a 10Q next week it will look even worse than the last one.
More debt is guaranteed. More losses are guaranteed. More delinquency is guaranteed.
Less cash, Less Inventory, More law suites filed, higher deposits held, all the facts will show
is more deterioration and less value. Saleen is using customer deposits to fund it's payroll and
credit card payments. They are not buying inventory and they are not selling very many cars.

Remember, they weren't suppose to make it through march OR april (based on the same opinions for over a year) but here it is almost the middle of may and they are very busy.

From an investor's standpoint Saleen has NOT made it through March.
The stock is at .006 or zero. Everything invested was lost. The trading cost to dump their shares is higher than
the value they would get for them.

Quote:
"They need to file a 8k for additional funding or they are dead"
Very, Very True. Without funding Saleen is dead. They need to Tune 80--90 cars per month
not 8 or 9.! They spend $1M a month and lose ($814K) per month.
They cannot find themselves selling 9 cars per month. That is a fact.
Another fact is that they do not make a profit on the White Label Mustang.

Not true at all. Still to this day no funding source which is great because that is proof they don't need it since they are busy.

Saleen has two working production employees working after laying off four production workers.
Saleen's Headcount went from 30 to 20 or less. I guess the few remaining employees are busy.
They do not have time to answer the phone or emails. They are not paying their bills.
I guess when they are down to two employees they will also be busy.