Replies to post #11846 on Saleen Automotive, Inc. (fka SLNN)

[ronshappy]

right question. answer is $5K - $15K = 10% down!!!!

You've worked out all the details and determined the model, features and options for your new Saleen vehicle. Once you submit your order we will begin the process of sourcing and manufacturing the components and materials to your exacting specifications, including the base chassis. Along with your order form, we also require a 10% deposit.

http://saleen.com/ordering.html

So here is the good part!!!!

At $1,000,000 / $10K = 100 cars
/ $5K = 200 Cars

At $2,000,000 / $10K = 200 cars
/ $5K = 400 cars

Cars range in price from $40K - $170K

simple math worst case == 100 cars @ 40K = 4 Million $$$$$$
ideal case = 100 cars @ 70K = 7 Million dollars gross.

So somebody tell me how bad a 8 Million dollar shareholder deficit really is!!!!