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“I wish bashers stayed away“
Of course you do.
Especially when they have been right all along.
I guess people should stay the hell away from this stock then…
Mark doesn’t really give a shit about his “shareholder base”. He never has. He just finally had to reveal his hand.
At this point it is about attracting new “marks” (pun intended).
That is what the RS does…it wipes out existing/legacy shareholders and starts over on a new batch using a new name, ticker symbol and share structure.
Yes they do, no they haven’t (tomorrow is the deadline) and they don’t need to announce it.
If they are going to be late they will need to file an NT-10Q by 5:30 pm Wed.
“As long as Diprima (who is reportedly gone) is not helping Mark; I think we will be ok.“
What makes you think he is gone? He signed that last 10/A and is still listed as management in the 14c filed on Nov 2.
As an SEC reporting company they would have to disclose the departure of the CFO.
They have not made any such filing.
He’s still there.
Would like it to happen? Lol.
Let’s review shall we.
On Sept 12, 2022 I made the exact same observation.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=169925829
The stock price then was a post split adjusted $130 ($0.58 pre-split).
The stock has dropped over 99.8% since I made that post making the same suggestion.
I wonder how the folks who “stayed away” feel now?
I’ll just leave it there 😉
Wow…
…but that is Michery’s MO.
Successively wiping out each round of investors that he sucks into buying the stock.
The next RS will wipe out the the last group…and then he will start on the next.
SMH.
If people are so convinced that the stock has been manipulated so far down then perhaps they should not invest in it or even consider selling….
lol.
So what?
Then why should anyone buy or hold a stock that is supposedly so easily manipulated?
$0.195 ($0.00087 pre-splits)
“we'll now see whether mark can get production rolling
on some of the IP projects by end of year.”
He needs money to do that.
He has none.
If the dilution is simply put on the ASK as it drops the buy/sell ratio looks good….but the stock price still goes down.
It’s just laughable that some can scream manipulation all the while the stock drops over 99.9%.
It would be mathematically impossible.
What is not mathematically impossible, and in fact a mathematically certainty is the drop on the stock price being attributable to the dilution.
Some simply refuse to accept that reality.
Oh well.
So what.
At the meeting on Dec 15
The coming RS amount they will need to do just keeps climbing and climbing.
The short position splits as well. They would have to cover 200 shares post split.
As I said I am not going to do or say anything I don’t believe.
But thanks for playing.
The lawsuit is simply an attempt, much like the buyback, to divert attention from, or give his believers a way to not blame him for the dilution.
And I challenge you to find a single Nasdaq stock that has diluted its OS by 265,000% inside of two years.
Even by OTC standards that is ridiculous.
Why on earth would I post something I don’t actually believe and try to entice people to buy a stock I believe is going to continue to drop?
I think the people that perhaps took some heed over year ago and got out and avoided a 99.9% loss are probably pretty happy they did.
I stick with reality. Not some fantasy dream.
They only thing this stock is good for at this point is flipping…and even then the dilution makes even that a challenge.
I know iHub doesn’t have an affect on Mullen. Someone else here sure does think so. lol.
The ONLY thing that has affected the stock is the dilution. And the shorts you refer to are actually the financiers shorting against the box protecting their risk as they move the dilution into the market.
But the entire drop in the stock price since the dilution started is entirely attributable to said dilution.
That is a mathematical fact that some seem to have trouble grasping.
Yes, that is ironic isn’t it.
Has it not dawned on you at all that a 265,000% increase in the OS in less than two years is entirely sufficient, on its own, to explain the price drop?
Because the math sure does.
But then that would lay the blame entirely at the feet of Michery….and we can’t have that…can we
Maybe Michery should come on iHub and take me on if iHub has such an affect on the stock.
lol.
I didn’t realize I had such awesome powers. lol.
“The stock is failing because of your bias analysis “
You think what I post here has an affect on the price of a Nasdaq stock???
LMAO…you give me way too much credit.
Here is something more realistic.
I happen to better understand what is going to happen because of the dilution.
The reason the stock is failing is because of Michery’s dilution.
That has zero meaning to this stock.
“The plan is to paint a bleak picture”
I painted a bleak picture for the stock just over a year ago.
So far it has been spot on.
That would be 92.9 BILLION.
But give Michery time, he’ll get that number to a trillion eventually.
But in just under two years he has managed to grow the OS (in pre-split terms) by over 265,000%.
But some seem to think…ah…no biggee.
Lol.
Damn…timing is everything…lolz
Yes Michery is…
Rory needs to disclose the letter from Nasdaq…
“Rhetorical Q: how can Mullen be buying back their shares AND diluting at the same time? “
It is proof positive that the buyback was simply for show.
It is actually a typical OTC move.
Which is where MULN belongs.
What’s another 100 million between friends…lol.
Squeeze? WTF are you talking about? The short interest has never been high enough for a squeeze even ignoring the fact it has not been a threshold security ever.
What you saw back in Sept was a HFT/algo/BOT play for exactly ONE DAY.
There are many kicking themselves in the ass for not exiting when it happened.
“Then why do you post “
Once again..
Read my sig.
“you helping the market think negative“
You think what I say influences the market????
Seriously?
Wow…I guess I have more influence than I thought!!!! LMAO
The market appears to be discounting all of that.
Who am I to disagree with the market?
The only person responsible for another RS is Michery and his financiers.
But let’s stick our head in the sand instead of acknowledging that reality.
lol.
I realize that some of the things Michery has done over the last two years give some people “hope” about the future.
But seriously, what does it really matter when long time shareholders have basically been wiped out without any realistic hope of recovering their losses?
Some people would rather not deal with that reality and instead live in some fantasy world.
You think observing a stock has lost over 99.9% of its value due to dilution is “cherry picking”??
LMFAO…
It’s the whole damn tree!
“If Mullen didn't have nothing to show for diluting .
I might agree “
Mullen definitely has something to show for it.
A stock that is down over 99.9% in that same time period.