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Looks like Ill have to buy a few million more.
$HPIL
There is another reason. The lower the SP the more percentage profit a day flipper can make. GLTU
Any RS prior to November 5, 2021 means absolutely nothing. They were done by Net Element and their payment processing business, which was sold to someone else. They also have ZERO effect on the current share structure due to the way the RM was structured. Do your homework.
$MULN
November 5, 2021. Anything prior to that is Net Element's paymment processing business that got sold off to someone else. GLTU
$MULN
While you are right, J, it is not the fault of the companies who took the money. They exist to make money, so when you offer them some, they would be stupid not to take it. The fault is with the entities who made the offer. GLTU
$RXMD
$RXMD can not talk about future growth. The quiet period prevents it. The soonest you will hear about M/A action is 40 days after uplist. Those are the SEC rules.
https://www.investopedia.com/terms/q/quietperiod.asp
Be sure to read the whole thing as there are several types of quiet period.
$RXMD
Covid is NOT GOING AWAY. Ever.
"MW Moderna expects COVID to become endemic in 2023, and Los Angeles County is latest to unveil plan to end face-mask mandates indoors
10:30 AM ET 2/24/22 | MarketWatch
By Ciara Linnane
Moderna said Thursday it expects COVID-19 to become endemic in 2023, meaning it will be another seasonal disease that can be managed with vaccines and treatments.
The biotech made the comment as it reported earnings, showing it chalked up nearly $7 billion in sales of its COVID-19 vaccine in the fourth quarter, boosting profit to a consensus-beating $4.8 billion, or $11.29 a share, after a loss in the year-earlier period.
Moderna (MRNA) posted total revenue of $7.2 billion, compared with $571 million in the fourth quarter of 2020, when its vaccine was first authorized for use in the U.S.
On a call with analysts, Moderna's Chief Medical Officer Dr. Paul Burton said the company "firmly" believes that a fourth dose, or second booster dose, will be necessary, likely by fall of 2022.
"While we are hopeful that we are about to enter a period of relative stability in the Northern Hemisphere, we believe firmly that a vaccine booster dose will be required for the fall of 2022 to provide ongoing protection against this virus," Burton told analysts.
Data from UK health officials shows that vaccine protection against severe disease and hospitalization from the highly contagious omicron variant wanes over time, he said. Moderna is aiming to create a booster that will combine the original vaccine with an omicron-targeted booster.
The news comes as the surge of U.S. cases caused by omicron continues to decline from its January peak. The U.S. is averaging 76,667 cases of COVID a day, down 66% from two weeks ago ,according to a New York Times tracker
It's averaging 60,155 hospitalizations a day, down 44% from two weeks ago. And deaths are finally starting to fall, down 24% to an average of 1,908 a day.
Sadly, the U.S. death toll topped the 940,000 threshold overnight and last stood at 941,962.
MarketWatch's deep dive into ivermectin: 'You will not believe what I've just found.' Inside the ivermectin saga: a hacked password, mysterious websites and faulty data
Los Angeles County, home to 10 million people, has become the latest to unveil a plan to drop its face-mask mandate for indoor settings for vaccinated people starting Friday, according to local officials and media reports
New York City Mayor Eric Adams said Wednesday he is looking forward to ending vaccine mandates and passports for indoor spaces.
"I take my hat off to New Yorkers through masks, vaccines, through social distancing. We were hit with the uncertainty, the fear of COVID. I'm really proud of how we responded as New Yorkers. Every morning I meet with my health professionals because I always say I'm going to follow the science. I'm not going to get ahead of the science because I'm ready to get ahead of all of this and get back to a level of normalcy. But they're giving us clear instructions. They gave us benchmarks, we're going to follow those benchmarks," Adams told a press briefing.
In case you missed it: WHO says omicron subvariant is not stopping global cases from falling, and U.S. nearing 940,000 COVID deaths
Other COVID-19 news you should know about:
-- Hong Kong has invoked emergency powers to allow in medics from the Chinese mainland at it struggles with a surge of COVID cases, AFP reported. The densely populated metropolis is in the throes of its worst-ever COVID wave, registering thousands of cases every day, overwhelming hospitals and government efforts to isolate all infected people in dedicated units. Chinese mainland medics are not currently allowed to operate in Hong Kong without passing local exams and licensing regulations.
-- In Canada, Prime Minister Justin Trudeau has revoked the emergency powers he used to deal with protests against COVID restrictions, the Wall Street Journal reported. The move comes amid mounting criticism from civil-liberties groups and some Canadian politicians that the use of those measures was an abuse of state power. Trudeau told a briefing the police has succeeded in shutting down the protest in the capital Ottawa led by a convoy of truckers.
-- In Southern California, a similar convoy of trucks has started a cross-country drive to Washington, D.C. to protest COVID restrictions, Reuters reported. More than two dozen 18-wheeler trucks, along with some 50 pickups and recreational vehicles, left Adelanto, California, about 80 miles (130 km) northeast of Los Angeles. The self-styled 'People's Convoy' is beginning an 11-day trek to the Beltway, a major highway encircling the U.S. capital, to demand an end to COVID vaccine and mask requirements.
-- England ended its COVID isolation rules on Thursday, and Iceland will scrap all of its remaining ones on Friday, the Guardian reported Poland will lift all of its restrictions on March 1, according to the New York Times
Here's what the numbers say
The global tally of confirmed cases of COVID-19 rose above 430.2 million on Thursday, according to data aggregated by Johns Hopkins University, while the death toll climbed above 5.92 million.
The U.S. leads the world with 78.7 million cases.
The Centers for Disease Control and Prevention's tracker shows that 215.1 million people living in the U.S. are fully vaccinated, equal to 64.8% of the population. But just 93.4 million are boosted, equal to 43.4% of the vaccinated population.
-Ciara Linnane"
40 days after uplist.
$RXMD
With respect, sir, you will not hear anything about M/A. That would violate the quiet period.
$RXMD
No.
$FTWS
Yup. My average, on a few shares, is over $8.00.
$MULN
Simple. The deep pocket guys took this to the $.6 range, loaded up and sold around $1.9. Now they are going down for another round trip.
$MULN
I don't like that ratio either, but that does not change the fact that they CAN NOT talk about any M/A activity, if there is any.
$RXMD
They are still in the quiet period, so that type of news will not be released until 40 days after uplist.
$RXMD
Please understand. I'm not trying to knock Mullen. I think they are a leading new EV player that is worth multi-dollars per share. We will definitely see a more reasonable SP when they start shipping product in Q2.
$MULN
P/B, Gail, that analysis is badly flawed. Mullen took over an empty shell in November 2021. The info in that analysis is based on the Net Element payment processing business that was sold to someone else.
I have seen that price target before and that does apply to Mullen, but it is very old.
#MULN
Agreed. The opo here does not have a clue. All BS.
$HPIL
Well, something has to give here soon. If they are below a dollar for too long they will get kicked off of NASDAQ.
$MULN
The RS is needed to be able to uplist. You know this. I don't like an RS either but it is necessary.
$RXMD
With respect, sir, there is a big difference between the past and 2022. In the past they talked about it but you didn't see any action. Today, they have put all of the pieces in place to uplist. S-1 that has been reviewed by the SEC, Form 10 to become fully reporting, added independent director and reworked share structure to comply with NASDAQ requirements, and probably a few more I've missed. They can pull the trigger tomorrow if they wish.
$RXMD
Yes, but it is pretty quiet. Mullen took over an empty shell in November so anything prior for Net Elements does not apply. Go through the 2021 10K and filings on SEC Edgar. That is about all I know of for DD. Mullen was a private company before that.
$MULN
Just a rough estimate but I think they will spend $400-500 million dollars by the time the first cargo van delivers to a customer. It is expensive to make vehicles. And this is a small operation, as it should be to start. Tesla has spent hundreds of billions.
$MULN
You may be right about placement and naked shorting but legitimate shorting of OTC stocks is not practical. One must put up a reserve of $2.50 PER SHARE to short.
$RXMD
I'm just suspicious. Where would someone come up with that many shares AND want to sell at that low of a price?
$RXMD
They wouldn't be. Private placement. Maybe before signing the contract.
$RXMD
Do you suppose Illiad found a backdoor way to continue unloading? $RXMD, you should check this out.
$RXMD
At this point, yes. They've invested heavily in setting up their manufacturing plant and have not yet started to produce. Utility/cargo trucks due to deliver to commercial customers in Q2, Mullen FIVE SUV due to deliver to retail pre-orders in Q3.
$MULN
When you feel it has topped out, cash in. Use the moola to buy more $RXMD before it skyrockets. JMO
$RXMD
I understand all too well. I don't know where you are or what your work is. If you can tolerate moving there are some fairly cheap places to live. I have a 3,600 SF home on 4.5 acres in northern Indiana that is worth about $260k. In other parts of the country it would be worth much more.
$RXMD
Best time to buy is late summer to early fall. People will not want buy and try to move with the kids going back to school. Worst time to buy is now to end of April. Moving would be when kids are out of school. Stick it out another 6 months. By then maybe you will have a lot more money.
$RXMD
Thanks. I guess Monday and Tuesday will tell the story.
$RXMD
Do you recommend selling before the uplist or after?
$RXMD
Turbo, I think the group here has answered your question quite well. JMO but I think JANE is setting up for some serious action once this uplists.
$RXMD
They don't mess with small fry, which should tell you what they think is coming for $RXMD.
$RXMD
They may also be setting up to make some real money on an undervalued $5 NASDAQ stock. JMO
$RXMD
Risking $15k to do it? No thanks. I'm not that good at it.
$RXMD
Just too risky for beer money.
$RXMD
So he's going to make a whopping $58 bucks.
$RXMD
I am not an accountant but I looked up when 2021 financials are due. 90 days after year-end.
https://lawcast.com/2011/06/01/filing-deadlines-for-exchange-act-quarterly-and-annual-reports/
2021 financials are not due to be reported yet.
$HPIL
Not so far.
$BLUU