Replies to post #6412 on Saleen Automotive, Inc. (fka SLNN)

[wj2005]

Oh, but wait a second...


I thought they weren't building any cars huh?

These cars = INCREASED REVENUE!!!

Just what I have been saying now that the 2015 Saleen Mustang is in full production in ALL THREE trim levels.

Long SLNN!

[ronshappy]

Whats the profit margin on a car? 5,000 ???
Cash burn is what $400K a month???
So we just spent about $25K per car and we are selling them for $50K+..

My math must be flawed? $25K * 50 = $1.25 Million
lets say a conservative $10K per car * 50 = $500 thousand a month?

$500k a month * 12 = $6.0 Million revenue??? a year?
and if I'm optimistic $15K per car * 50 = $750 thousand a month?
holy molly!!!! 750K * 12 = $9.0 Million a year????

and if the stock corrects with a 10 to 1 market cap of 90 - 100 Million..

I think I better increase my holdings to 5 Million shares..
I'll take 1 more dip, need to get money funded..

take care ya!!!! Giddy the F UP
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