InvestorsHub Logo

AutoInvestor

06/10/15 4:46 PM

#7394 RE: wj2005 #7392

All SLNN is doing is borrowing and losing more money.
There are no signs of future positive financial results.
The fact that Saleen has not secured any funding is the most damaging information
any investor looking at Saleen could know. With at least $10.7M of debt (much of it delinquent)
how could they not need funding? They are broke.
They have already been paid $1.1M of customer deposits which has been spent.

The 10K at the end of the month will not be good.