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You apparently don’t know when you are being played.
But when the Q1 financials come out in a couple of weeks you will see that they didn’t book $33 million in revenue in the quarter let alone January. I would be surprised if it was over $750K…and not surprised if it was less than $500K.
What “sales”? LMAO.
They can make ‘em…they just can’t sell ‘em.
They didn’t have $33.5 million in sales in January. I think the poster is referring to the “invoiced” or production quality.
The problem is they aren’t selling…there is no sales. They are sitting on RM storage lots.
$33.5 million? Huh? Where on earth are you getting that number?
They haven’t announced any sales. Only channel stuffing activity.
Based on what? Wishful thinking?
It’s a gimmick to pump the stock and keep Michery in his job…lol.
When the letters are uploaded they aren’t shown by the upload date but rather the date of the letter or close to it. I don’t know if they are actually uploaded then and hidden until the S-1 goes effective…or whether they are uploaded retroactive to an earlier date.
Either way they show up chronologically to the rest of the filings after the fact.
The reason they don’t show up before the S-1 goes effective is the comments and back and forth can be detrimental to the company. The only thing people see during the comment process is S-1/Amendments which are usually based on the comments already received but not yet available on Edgar. And if the S-1 is withdrawn they may not show up at all.
Mark is lying to you yet again. It has zero to do with the share structure. There are bigger issues they have and he is not telling you what it is.
Actually I get your point
Borgers has always been known as a shady mostly penny stock “auditor”.
This has been discussed before.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174242241
It’s surprising they picked them in the first place.
Uploads are shown retro to when the comment letter was sent so you can see the progression. However I have never seen the actual upload of any comment letter prior to effectiveness.
Brian is going to need to find a new audit firm.
https://www.sec.gov/news/press-release/2024-51
“Finra and documentation take time and money. “
LOL.
a) Mark has no money
b) FINRA normally processes corporate actions inside of 20 days.
You hooked yourself to the wrong scam ticker.
Why is this one any different than the myriad of other “announcements” that went nowhere fast?
Delpack, UNC, Watergen, Loop global, MGT lease…to name a few.
I have never heard of PritchardX.
Anything for a pump I guess.
The problem that Mullen will have is they don’t have enough cash or reasonable access to cash to “ramp up”. He will have to kill the stock price another 99.9% to get enough money to “ramp up”.
This is doomed no matter what. Some just seem to ignore that reality.
They need to sell over 1000 vehicles a month to come close to positive operational cashflow.
never going to happen.
There are 25 vehicles by 11 different companies in that class that have the incentive. Why would someone buy Mullen?
Not as long as they need to sell stock to fund their operations and overhead.
And there is no discernible path to ever being able to change that.
Which is why this is looked at as little more than an attempt to “play” automaker….until the day comes they can’t do that anymore.
Q1 financials are due in 3 weeks. I wonder if he will bother even filing an NT-10Q?
It always does. Obviously more dilution is on the way so they need to jack the price up.
Great for flippers.
Before it goes back down? LOL.
At some point people should realize how hopeless Newbauer is. You would think after a dozen plus years of screwing up it would be self evident…
…I guess not.
LOL! They are acting just like a stinkie pinkie with that nonsense…including the suggestion of a cert pull. Too funny!
The stock is now $0.0001 on a split adjusted basis.
Any response from Mark yet?
It should be a simple question to answer.
Because they really don’t give a shit…they bend over backwards to allow companies to stay listed…as long as they pay the fees.
Well that is assuming the OS is still 6.5 million…which it most certainly isn’t any longer. But we won’t know that until May 14.
“…no one asked you“
You responded to my post….LMAO.
Don’t blame me for your stupid choices.
No they didn’t. They put out their lease rentals. None of them had any recoverable minerals.
Investors like you made the leap in your minds that they had the minerals in an economically recoverable form.
And got screwed on the process.
They will have to initiate the RS well before it goes below $1…as they will not be eligible for ANY grace period.
But it is only a matter of time before it gets delisted regardless.
actually 💯
What filing did they make that was a lie? Give me just one. They always couched things in a way that if push came to shove they had deniability. The gullible shareholders stuck their head into the sand and used their imaginations to conjure up nonsense. That is on the gullible shareholder.
I told you this time and time again…but no…I am just the evil basher Lol. Now you are whining about being “misled” by the company.
Cry me a river.
Oh well.
You can’t say you weren’t warned….
That why Mark is vague. He would rather leave the information gaps to allow someone to deny or ignore the likely and uncomfortable reality.
It’s easier to stick one’s head in the sand than suffer the cognitive dissonance.
Mark has screwed stuff up for over a dozen years.
He isn’t going to stop now.
That nonsense tweet is simply the latest example.
I get it. You are convinced Diprima hasn't left and Mark isn't just bullshitting you.
Why was he so vague then? Why not name the new "secured" CPA? Why not explain what the plan is with Diprima?
The answer to that is easy. There is no explanation because Mark is tossing BS to try and distract from no fins...leading to the stock on the Expert Market.
Those fins are so simple that there is no excuse for why they wouldn't be done by now...other than nobody has done anything. And that would likely be because he doesn't have the money to do so. I doubt his shareholders are going to make the mistake again of giving him money.
I would not be surprised if he tries uploading a 10K with no audit...to try an extend the ruse. Its not like he hasn't done that before. LOL.
Again…by your logic Diprima has been sitting on his hands for 3 months…is still there but they have secured someone else to do the “books”. Mark could barely afford to get the Form 10 filed without getting some gullible shareholders to loan him some money.
He can’t pay anyone.
There is a reason his tweet was that vague…to give his stockholder’s imaginations the room to conjure up some excuse as to why no 8K.
He has always been a bullshitter and he is bullshitting you now.
Those fins could be done in 30 minutes.
So in your mind Diprima is still CFO (who is entirely capable of producing the incredibly simplistic financials) and yet they have “secured” another CPA to do them?
LOL.
That is pretty contorted logic to explain no 8K.
Do you not realize Mark is probably making it up to provide an excuse as to why no fins?…which is more likely the reason there is no 8K.