Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Cyberlux probably paid ihub to remove it because it creates shareholder buzz and canadian interest for volatility. Whereas brokerages in the U.S. go by otc markets designation for trading status. It seems to be all about the lenders contract at this point as far as I can tell. The bottom line is the lender has no control over ihub status and doesn't care about it anyway. It's obvious though that someone is trying to create interest/volatility among canadian ihubbers since that is all they can control.
David: "alex, I'll take your stock via a rs, and your sanity through a 90% drop in price for $100."
Alex: "you already got my $100 as a deposit on a Mullen Five."
David: "oh yea...I'll take that too, but I'll at least leave you with a few words of wisdom I live by to remember me. Laid back...with my mind on my money and my money on my mind."
Randy meisner would say "let david and his MULN back up singers sing the damn song"...if he could, lol. God rest randy's soul.
My fav MULN/david rules/eagles song indeed. Thanks!
Classic MULN song for ya!
"This video is unavailable". What a coincidence...so is the car, lol.
Don't you want a car from a manufacturer(depending on who you ask) that may or may not be in business next year to honor a warranty? Come on now...where is your sense of risk? LOL! My slogan is...if they make it, I will take it! Btw, you made me do this...too much, too little, too late!
What a funny strange(MULN) trip it's been.
What's up in the MULN magical music tour.
Jupiter is indeed a great name for a MULN ev. This one? Awesome indeed!
If ann and/or nancy gets this message...THANK YOU!
(Updated)God is great, heart is really good(in fact amazing), and david is plumb crazy(and rich). Best acoustic intro ever imho.
Yep...it's a soap opera, not an investment. But at least the music(I post) is good, lol.
Ihub removal is a private company action, therefore doesn't have any effect on trading status. Whereas the lender has a contract with cybl and is saying show me the money if you want it removed from otc markets. Gotta remember, otc markets are unregulated unlike nyse and nasdaq. So if a lender has in their contract they have legal rights to the legend status, there is nothing otc markets can do but honor it if they do not want to get sued. The bottom line is whatever lender has it in their contract is in control as to when it will be removed. All we can do is keep guessing while the lender is reading our posts saying...no, that's not when. Guess again! LOL!
MULN DAVID RULES, lol. Now back to the eagles. When I lived in los angeles back in the 80's joe walsh would drop in to a local radio station(knac I think) when in town and have a bs session/interview on air and talk about his personal world travels and life. As layed back and down to earth as someone can get. I learned the words to "Life's been good" when I was a teenager in the 70's. That's joe walsh all the way. In general I never cared about musicians personal lives. I memorized and sung alot of songs(definately not for a living) over the last 50 years because it got me through some really hard times without getting me down. I got that from my mom. I'm 59 now. When I was 18 I lived in my car with plastic over the back windows parked in the snow filled field of my employers property cutting and loading xmas trees in oregon. Loading xmas trees with frozen hands all day ain't no fun and I still haven't had to deal with as hard of a life as my mom. After going through alot myself I started to understand why I took after her singing while working. I would highly recommend learning lyrics to anyone going through depression from a hard life. George harrison wrote..."If you wanna sing the blues then you gotta pay the dues and you know they don't come easy." The man was right! George wrote it and gave it to ringo. A good friend indeed.
Hi mick! Possible explanation? "and legend removals;"
"toxic funders whose financing agreements include clauses requiring the company to pay an inflated fee (as high as 10 times the normal rate) to the transfer agent for the issuance of shares to them upon conversion of notes and legend removals;"
https://www.securitieslawyer101.com/2021/unregistered-dealers-toxic-financings-toxic-lender-toxic-convertible-note/
(Updated)More thorough MULN explanation imo that may sound familiar.
"The damage the toxic funders can do, first to the company itself, by forcing dilution that’s sometimes so catastrophic management has no choice but to do to a very large reverse split. As the dilution continues quarter over quarter, a second and then a third split may be required. Investors lose faith in the company, and everyone but the toxic lender loses money."
https://www.securitieslawyer101.com/2021/unregistered-dealers-toxic-financings-toxic-lender-toxic-convertible-note/
Thanks to all for MULN/eagles insights. Interesting stories indeed. I did some reading. Interesting that randy meisner quit because after writing "Take it to the limit" he didn't want to continually sing it because it's high notes were strenuous. He wanted to drop the song on tours, but they said no because of it's popularity.
"According to Frey, fans of the band loved Meisner's performance of "Take It to the Limit" at their concerts, and came to consider it his signature song within the band. Henley, too, noted that fans "went crazy when Randy hit those high notes".[10] Meisner, however, was concerned about not being able to hit the high notes. Frey was insistent that Meisner should perform the song in concert, and live performances of the song then became a source of great contention between Frey and Meisner – eventually becoming one reason for Meisner's departure from the band.
Meisner had been struggling to hit the crucial high notes in the song during the Hotel California tour. According to Joe Walsh, Meisner could perform the song, but would become nervous when told he had to sing it.[10] By the time they had reached Knoxville, Tennessee in June 1977, the band was feeling the strain of a long tour, with Meisner unhappy and suffering from a stomach ulcer.[11] Meisner decided not to sing the song for an encore because he had been up late and caught the flu.[12] Frey and Meisner then became involved in an angry physical confrontation backstage over Meisner's refusal to perform the song.[10] After the altercation, Meisner was frozen out from the band and he decided to leave."https://en.m.wikipedia.org/wiki/Take_It_to_the_Limit_(Eagles_song)
Loan terms aren't a problem imo. To my understanding most penny stocks use deeply discounted(aka the incentive) shares as collateral, then default on the loan. Once the collateral shares hit the restricted expiration date and become unrestricted they are then sold asap by the loan company. They make far more selling the discounted shares than the value of the loan. When I say discounted shares I mean approximately one to ten cents on the dollar to account for a deep falling stock price. A wonderful stock like MULN they probably account for a 99..9999% drop in price, lol. Toxic lenders are not in business to lose money and they know exactly how to structure their financing terms heavily to their advantage. That is why the consistent share structure increase in the penny stock world is so vital to the continuance cycle of toxic loans. Continual sexy pr's to bring in new buyers and create a market for the lenders to sell stock into is simply an unwritten rule for ceo's to follow imo if they want to continue to do business with the same lenders. That is why I've said numberous times kudo's to david for doing a great job of creating a nice retirement positioning. I could be wrong, but I do not believe he left any stones unturned for lawsuits against him to be successful. Time will tell. I've posted red flags imo for over a year now. As I believe it was kevin o'leary years ago said about tesla...love the cars, but hate the stock. I have felt the same about MULN. That's just my two cents. If I am wrong about my theory in this post, I believe tenkay and I-glow have educational backgrounds in accounting and will correct my theory and it would be appreciated. Glta and as I've said before...MULN is a soap opera, not an investment. Just for kicks I'll post this wonderfully insighful twitter post again.
Speaking of...david's MULN theme song.
Only weird al could write weirder song.
God rest randy's wonderful MULN soul.
I can't tell you why MULN is...
"is an important milestone"...btw, david is the driver and anyone holding MULN shares is the passenger. Also btw, this was john candy's start back in the late 1970's.
"all but" are key words. Unnecessary risk imo.
The way I read todays pr imo is david got performance milestone awarded shares...a day before the rs...that will very, very, very likely to be unaffected by the rs. What's the old saying? Oh yea, timing is everything! Kudo's david for a job well done! Nothing wrong with accumulating a wonderful retirement fund. That's proper planning imo. Always remember the 6 P's.
Proper
Planning
Prevents
Piss
Poor
Performance
Napoleon would have been a very successful penny stock ceo.
I called $10 before you, lol.https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173208004
Once again...mulino, fafino, babinohttps://investorshub.advfn.com/boards/read_msg.aspx?message_id=173333522
Shorting pennies ties up capital unnecessarily and involves risk. Two bads imo. Just my 2 cents.
"slightly" is the key word indeed.https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172360450