[Dharna]

Honestly, I can't believe the SEC hasn't investigated this scam. They have been dancing in the grey area for way to long.

If they allow this type of thievery I wonder how much we truly miss. This is as obvious as can be, what we don't see is probably much worse.

[B RY]

What do MULN and Iran both have in common? The same dark knight future.

[Wayne R]

There are simply too many people, insiders, toxic financing guys that'll sell into any volume all they can

JMO

[wickerman]

$MULN more army recruits onboarded today pumped and dumped.

[ErnieBilco]

Might have to wait a whole week. The trash running this scam should be behind bars.

[Stinger2014]

Your welcome!

[Dharna]

Unreal. I can't wait till 10 cents again.
Split adjust 2 shares at $4,009,000 each. Lol

[janice shell]

They--by "they" I mean both parties to the suit, though it's the company that brings it, usually--often choose really obscure, out of the way local courts. So it's hard to say who really knows what...

[janice shell]

As far as I know, yes. But I'd have thought the Nasdaq would have stopped them before now.

Michery is lucky with the change in administration. The people now running the show at the SEC are giddy about crypto and uninterested in stuff involving regulation--which the new, and some of the old people want to cut back. And the current Comissioners have only one Dem. I guess Trump hasn't proposed a replacement for Jaime Lizárraga, who left in January along with Gensler.

I think Crenshaw is having a hard time; she seems not to have much in-house support.

But I think that unless the Nasdaq decides MULN ought to go, it'll stay, and do as many reverse splits as it wants.

[TenKay]

I would think they don’t like that…

It’s tantamount to perpetuating a fraud on the Court by parties pretending to be adversaries when they are not.

[wickerman]

$MULN quick little blip yesterday to onboard new bagholders.

[janice shell]

Yes that's right. It's used to "settle" a made-up dispute. In Florida. the "settlement agreement" is often presented to the judge the n next day. It really isn't possible he doesn't know what's going on.

[TenKay]

My understanding is the primary way it is used (fraudulently) is when there is manufactured dispute between a financier and a publicly traded borrower that results in a “settlement” that is then “approved” by the court. The settlement is an issuance of stock that under 3(a)10 is immediately free trading.

…and the Judge is usually clueless that they have been used to get that stock free trading.

The HAON example had 3(a)10 issuances but it does not appear that is what the SEC was going after that specifically.

What I find interesting is that MULN is asking the shareholders to approve such an issuance but there is no formal disclosure of such a “settlement”.

Maybe they are using 3(a)10 in another way…but it isn’t obvious what that is or what it could be.

But as I said, the last time it was used, almost a year ago, was in a settlement with a financier. I don’t recall that it found its way into a proxy PRIOR to said settlement, if at all.

Strange.

[janice shell]

It isn't an offering, but it can be used in weird ways. There was a moment when tons of issuers were doing it. Nowadays, not so much.

This is a lawsuit in which the SEC called it fraud:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=154565253

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=154570651

[TenKay]

Yes. After the shareholder meeting assuming it is approved. Then the Board will have to decide and vote and then NASDAQ notified.

So probably at least a week possibly two after the shareholder meeting at the earliest.

[Stinger2014]

After July 15??

[Stinger2014]

When is MULN able to split again? TIA

[TenKay]

I thought 3(a)10 was a registration exemption and not an offering type.

They did a 3(a)10 in August 2024 as a settlement with a delinquent note.

More of that coming I guess.

[janice shell]

Doesn't he always do a 3(a)(10) offering when he splits the stock?

[janice shell]

Indeed! It seems Michery is going for a record!!

[TenKay]

Proposal 5 is the interesting one I think.

[double_m]

In the infamous words of Frank Barone: "HOLY CRAP!!!"

[janice shell]

Naturally I went to look. Filed on Friday:

(4) Proposal 4 - To approve an amendment of the Company’s Second Amended and Restated Certificate of Incorporation, as amended, to effect a reverse stock split of the Company’s outstanding common stock at an exchange ratio between 1-for-2 to 1-for-250, as determined by the Company’s Board of Directors;

https://www.sec.gov/Archives/edgar/data/1499961/000182912625004490/mullenautomotive_pre14a.htm

[looking 4 a win]

VIN is its next closest stock? I'm not seeing it.

[TenKay]

New 14A….next reverse split….

….and $20 million for a 3(a)10 issuance.

I am guessing they are going to settle some of the note defaults with immediately free trading stock…

[Value_Investor]

Wake up, all the investors here! 5.64-Bagger HUGE Rally just started Again today! I'm super luck to have covered all the remaining 15K shares at $1.62 ~ $1.99 today because I felt the Temporary Bottom would be $1.62, instead of the near future's $1.00!

MULN has already bounced up to $2.94 so far and it might surge over previous Bottom $4.8 and hit the Upcoming Target $9.14 (= $1.62 x 5.64) as soon as today...

Note, its extra-Nasdaq peer (VIN?) is still trading at Joke-Low Basement $0.05 now with $0.84 Huge Cash Value and $0.4 Huge Book Value plus 5M shares of the FIXED TINY OS!

So, MULN performs Much-Much-Much BETTER than its Much-Much-Much-Stronger-Financial peer because the later crashed to $0.0417 finally from its most recent high $10.374!

[wickerman]

More $MULN bagholders incoming to fill the PRE 14A

[Stino2]

in a week a new RS 🤮

[Value_Investor]

I'm glad to have covered 10K shares at $2.00 ~ $4.51 which is much-much better than my planned cover area $3.21 ~ $4.71! The remaining 15K shares will be covered at $1.00 ~ $1.99 in the coming week unless MULN starts to bounce up in the next week which is impossible!

Who ever bought MULN at $26.55 ~ $10.00 last week? Why? Now they are in HUGE Losses!

Anyway, MULN's performance is still much-much-much better than its peer's performance! That peer (VIN?) crashed to $0.0417 finally from $10.374 after 1:20 R/S though it has $0.85 Huge Cash Value, $0.4 Huge Book Value, and 5M shares of the FIXED TINY OS! To match the Same performance, MULN will crash to $0.1067221 finally in the coming weeks/months...

Let's see if the upcoming $1.00 can form a Temporary bottom or not? If "yes'", then a Quick bounce to $3.35 ~ $5.64 is possible.

Totally 149,400 shares were shorted as of 05/30/2025!

[eliminate]

Especially
If the girl Hendrix wrote the song about called “Hey Joe” instead of giving the gun back to him stuck him with a OD needle before he got her or got her new boy friend if he was mixed up with Ms 13 to do the job

[eliminate]

BRY
can't listen to it at the library but if somebody loses their entire collection of
Fender Strat's it could be the end of all birthday candles on the cakewalk

[B RY]

Much like MULN and the late great Jeff Beck...the train kept a rollin all night long. Btw...Blackrock makes billions. Small losses are entertainment and right offs.

[Horsts]

Ammmmhhhh🙄12 🤭It's oke, on the one side you have Tesla, so here it's the opposite 

[Nebuchadnezzar]

LOL MULN SCAM!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

cannot wait to see this get DELISTED from NASDAQ in coming weeks

how many REVERSE SPLITS can they do within 12 months????

[eliminate]

Tenkay
Sorry if I’m nasty but I’m very upset with many things these days it’s hard to be normal

[janice shell]

Think we could write to whoever it is that makes days holidays?

[eliminate]

I'm connected to every certificate number

that was ever given before each reverse split
You are the one holding the fraudulent DNA species. NOT ME.

[eliminate]

Tenkay get out your data compression tool
you know the one that unzips the algorithm
I'm locked in because i'm been involved with all these reverse splits you don't have a damned thing
anything you buy now is not connected to a damned thing The only one that can prevail with the supremacy clause
is Blackrock if they purchased stock after DEC 31/2024 and before the next reverse split.
They were the only one left on the totem pole.

[TenKay]

100 Trillion?

Is that on a pre split basis or post split basis? lol.

If it is on a presplit basis that is about 7000 shares today. 😉

[eliminate]

According to my calculator that is watching DOGE

I have enough shares that you build a staircase and climb all the way up to heaven past Led
Zepplin and Besos and sit in the milky away for all eternity
So stick that in your Dope Pipe your tobacco pipe or your electronic Vaper.

[eliminate]

Already have over 5 trillion

[eliminate]

next week
I'm going to buy another 100 trillion shares so get ready to stick them up your azz if are are involved with a naked short.

[TenKay]

I think, finally, the market has clued in. When the logarithmic chart shows an increasingly steep rate of decrease…things are really bad.

August 25 is coming.

[janice shell]

Yes, it's in free fall.

[eliminate]

With one foot on a banana peel

and the other foot in the grave i hit the wrong button
and wound up in the court.

https://eos.com/blog/how-to-grow-bananas/

[eliminate]

Sting
I was hoping to start a banana plantation to feed the monkeys
and I'm more than inclined to give you all the left over banana skins
so you can practice your footwork Like Michael Jackson.
and give everybody another thriller.

https://www.yahoo.com/news/judge-blocks-trump-election-executive-125247315.html

[Stinger2014]

Run. Look at their charts! Look at the 1 yr/5yr. BK only thing to look forward to. IMO.

[RKhan2011]

1. Is this a good time to buy? 
2. Also, it was up a lot few days ago maybe a week, did it just do a reverse spilit or something? Sorry newbie here. 

[eliminate]

This is Friday the 13th
what do you expect from Wall street feeding the monkeys.

[Monksdream]

MULN, new 52 week low