Replies to post #11572 on Saleen Automotive, Inc. (fka SLNN)

[TheShadow]

Agreed, those are the actions of a CEO that only knows how to put his company in Bankruptcy.
Saleen has a proven track record there!

[wj2005]

Last time I checked it takes money to make money.

And if that means for the time being to issue notes that convert to shares so be it!

What I love is there has been NOTHING said about the decrease in the numbers from the year prior to the most recent one.

The operating expenses went DOWN by almost $2 million dollars and the net lose decreased by OVER 2.5 MILLION dollars. But absolutely nothing has been said about that!

That says a lot IMO right there! Even when you take out the difference of decrease in revenue of almost $1 million your still looking at a decrease of the lose by OVER $1.5 million!

So if the Ford Mustang would not have been having a model change the revenue wouldn't have gone down IMO and we would have been looking at a $3.5 million decrease in losses! And what if they could have increased the revenue??? Then the decrease would have been even MORE!

$2.5-3.5 million decrease is a HUGE decrease and a positive move in the right direction!

Yes there is negative in the filings but there is also POSITIVE which I have outlined above.