Those business transactions could be easily verified. Had he been such a successful businessmen, why was their initiative failed so miserable as he himself acknowledged when the said fund is provided in full? He quite literally burned 100 million dollars over the course three years without the company being operational sustainable let alone profit, in what scenario would an investor be ok that their actual 100 million us dollar all turning into dust? His own operation here in the US are bankrupted as well, in what sense is that a successful business? or that he is a successful businessmen? All of those are year old material existed on the internet before his wsj piece. You should be easily able to find more. Following the bankruptcy, a company's asset will be liquidated. He also claimed the government filed patents without his consent, while it's the company he worked at filed and owned those patents, it's the company's property from the beginning, that's how it works, surprised? get a job. any financial investor would require how it should be done. Be reminded he have 100 million cash in hand to spend, while 'technology' was valued at 100 million too, with two parties each owning half of the company, which can't be said to be a bad deal.

https://www.autoevolution.com/news/saleen-might-file-for-ban...