Replies to post #12411 on Saleen Automotive, Inc. (fka SLNN)

[BigBake1]

Revenue is down over $1 million dollars when compared to 2014, that is the annual audited numbers.

Total revenues for the year ended March 31, 2015 were $3,800,390, a decrease of $1,306,836 or 26% from $5,107,226 for the year ended March 31, 2014.

The statement of sales is from the company, it is not a matter of opinion:

Total costs of goods sold for the year ended March 31, 2015 were $3,366,437, a decrease of $910,602 or 22% from $4,227,039 of costs of goods sold for the year ended March 31, 2014. The decrease was primarily attributable to lower volume of sales during the year ended March 31, 2015 as compared to the same period in the prior year.

Same statement made in the following 10Q as well.. game.. set... match....

How anyone can say things are positive when revenues have decreased