Just saw a notice that Saleen filed documentation with the SEC on September 30th, 2014 showing a very grim review of a company that is seriously on the ropes, with only $7,261 in cash available and over $5.6 million in debt, composed of $583,000 in payroll taxes, $1.1 million in past-due invoices and unpaid salaries, and over $750,000 in loans that are either defaulted or soon to be defaulted. The rough break of it is that the company is claiming $668,629 in assets and over $5.6 million in liabilities. According to the filing, “These factors raise substantial doubt about the Company’s ability to continue as a going concern. The Company’s independent auditors, in their audit report for the year ended March 31, 2014, expressed substantial doubt about the Company’s ability to continue as a going concern.”

The new Mustang is coming available, they have a new deal to tweak Tesla's, and the Challenger refresh is complete and available, but things don't look good. Sounds like they can stay open through about years end, but they've been paying debts in stock, which is crashed to about $0.03/share. Apparently they are actively seeking investors to infuse cash into the company....