Replies to post #11549 on Saleen Automotive, Inc. (fka SLNN)

[Carvincrank]

Wow...You are bagging on Fred for his opinion and stating he is wrong and doesn't know Steve Saleen... You know him on a personal level? You are friends with him? You can speak for him and know how he thinks and what he feels? I think not. Steve Saleen is a sales person and is good at it. He will BS whoever will listen just to get their money. Sometimes I think he believes his own BS.

"He absolutely cares about his shares, the company, the cars and the customers."... Unless you are him, these are YOUR opinions and are by no means factual and you have no right to say how Steve thinks or feels, period!

"For not knowing the guy at all those are pretty strong statements to make. But then again, they are incorrect!".. Where is the proof that Fred is incorrect?????

[AutoInvestor]

Witness what the CEO does, not what he says. Referring to CEO Steve Saleen:

He absolutely cares about his shares, the company, the cars and the customers.

If CEO Steve Saleen cared would he:

1) File Saleen's 2014 year-end 10K financial statements late and damage the share value?

2) Convert Debt into tens of millions of discounted shares and dilute and damage the share value?

3) Default on Bonds and damage the Company Credit and Share Value?

4) Pay his BOD $1.2M of compensation and deplete the limited cash and dilute-damage share value?

5) Convert the common shares held by himself and Molly to Supervoting shares at 1,000 per Common and dilute all the OTCBB shareholders by 90%?

6) Generate negative retained earnings and damage the share value by uncontrollably spending ($703K)
per month above revenue?

7) Create Lawsuits and damage share value by stealing chassis, signing contracts he cannot deliver on?

8) Convert SMS debt held as a private company to SLNN shares as a public company and reducing Saleen's personal debt exposure at the expense of the public OTCBB SLNN shareholder?

9) Not sustain Workmans Compensation, General Liability and Product Liability insurances while continuing to Spend SG&A & PR expenses and put his employees and customers at risk?

10) Not sustain Rent payments while continuing to fund SG&A PR expenses has damaged the share price and put his business at risk of eviction?

11) Not sustain cash reserves to cover Warranty claims while continuing to fund SG&A PR expenses has damaged the share price and put his Saleen customers and cars at risk?

12) Not to pay delinquent Payroll Taxes to the IRS while continuing to fund SG&A PR expenses has damaged the share price and put his employees at risk?

13) Not make payments to his vendors for delinquent balances owed for parts while continuing to fund SG&A PR expenses has damaged the share price and put his business at risk?

14) Not use $1.7M of customer's deposits to pay his vendors for parts to generate sales while continuing to fund SG&A PR expenses has damaged the share price and put his business at risk?

15) Default on Notes to Citizens Bank and damage the credit and value of the company?

Are these the actions of a CEO that cares about Share value? Employees? Customers? Vendors? or just himself?
These comments are my opinion. Invest based on your own research and conclusions.