The New S H E L B Y GT350 live and in person

[FL SAAC]

Back to what is probably the most comfortable, fastest, best handling and savage real Shelby American GT350 ever!

Looking at 800+ horse power

[98SVT - was 06GT]

Back to what is probably the most comfortable, fastest, best handling and savage real Shelby American GT350 ever!

Yes time marches on I'd be disappointed if they couldn't build a better car after 60 years. Heck CS beat up on the orig GT350 with a Dodge Omni........ But is it the "real Shelby American".

HISTORY AND ORGANIZATION OF THE COMPANY

        The Company was originally organized on December 4, 2000 (Date of inception) under the laws of the State of Nevada, as Ginseng Forest, Inc. Through June 23, 2003 the Company had no operations and in accordance with SFAS No.7, the Company was considered a development stage company.

        On June 23, 2003, the Company closed its previously announced agreement (the "Exchange Agreement") to acquire all of the outstanding common stock of Carroll Shelby Licensing, Inc. ("CSL") and Shelby Automobiles, Inc. ("SAI"), a recently formed entity, for 9,087,866 shares of Ginseng Forest, Inc. common stock and a promissory note issued by Ginseng Forest, Inc. to the Shelby Companies security holders in the amount of $2,000,000 due December 31, 2003. The stock exchange between the entities was considered a reverse acquisition. Under reverse acquisition accounting, CSL was considered the acquirer for accounting and financial reporting purposes, and acquired the assets and assumed the liabilities of Ginseng Forest, Inc. Ginseng Forest, Inc. had minimal assets and no liabilities. Its name was changed to Carroll Shelby International, Inc. in September, 2003.

        Carroll Shelby Licensing, Inc. was originally incorporated as O T C Packaging Company in Texas on April 22, 1986. In June 1998, the Company became Shelby American Management, Inc. and a final name change to Carroll Shelby Licensing, Inc. was approved in March, 1999. Carroll Shelby Licensing, Inc. owns and licenses various trademarks and intellectual properties for Carroll Shelby and related names.

        Carroll Shelby Licensing, Inc. revenues are substantially royalties derived from licensing agreements with domestic companies including manufacturers of automobiles and accessories, clothing, video games and miscellaneous items.

        Shelby Automobiles Inc. ("SAI") was incorporated as a Nevada corporation in 2003 for the purpose of manufacturing high performance Shelby vehicles under the guidance of Carroll Shelby and is involved in prototype manufacturing, design and engineering projects. SAI plans to expand through a dealer network and direct sales under a license agreement with CSL. SAI began operations in the third quarter of 2003.

If you go through NV Corp records you'll find over 15 created and most no longer active. This is the 2003 activation. The first recreation of SA was revoked by NV in 1995.
SHELBY AMERICAN, INC.   Active      04/04/2003   Domestic Corporation (78)   
SHELBY AMERICAN, INC.   Permanently Revoked      11/14/1995   Foreign Corporation (80)   
As you delve into those records you'll find partnerships created for the CSX2000 and CSX4000 cars - my guess is to raise the capital to build the cars - as that is what the Series 1 partnership company was for.

[Don Johnston]

Interesting SA-NV history.  What was the name of the Shelby company at the the raceway complex where we had the "SAAC Does Vegas-1" event in 1996?  Shelby Automobiles, Inc.?  This was before the Series 1 and Venture Corp ownership.

[FL SAAC]

Folks let's not dwell on the past, just admire the continuation of the lineage and heritage of this "Next One" the new GT350 and it is truly a great onell

I was totally enamored with it's very unique interior.

Could this be as the great Ricardo Montalban once said "Corinthian Leather" ?

Having witnessed it in person I would say NO to Corinthian, but YES to a very unique leather pattern.

Please enjoy what "He" said and this moment in SHELBY history .... 00003P

[98SVT - was 06GT]

Interesting SA-NV history.  What was the name of the Shelby company at the the raceway complex where we had the "SAAC Does Vegas-1" event in 1996?  Shelby Automobiles, Inc.?  This was before the Series 1 and Venture Corp ownership.

Venture was a separate non Shelby company. They bought the Series 1 and Shelby American name to use with that project only. CS kept it for all other uses. When they tanked new investors tried to make a Series 2 after 3 prototypes that tanked. Last year the Series 2 was announced with a production run of 10 - with Ford power. A 427 FE, a Godzilla or electric.

[FL SAAC]

The New GT350 were form meets function, pure S H E L B Y !