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Stranger things have happened
How is Jillian Green these days anyhow?
If the company trades for 30 consecutive business days below the $1.00 minimum closing bid price requirement, Nasdaq will send a deficiency notice to the company, advising that it has been afforded a "compliance period" of 180 calendar days to regain compliance with the applicable requirements.
First of all it hasn’t even been under $1 for 30 days yet and all it needs to do is touch a $1 again to reset the clock
Everyone knows this. Everyone has seen this. The point is Mullens plan never included the engineering design and manufacturing of the vans. The base models ordered from China will be customized and yes resold to help finance the start of the Five program.
It certainly does not mean it’s sold worldwide. Homologation is simply the approval for it to be sold in a specific region. In this case the approval of these Chinese vans to be sold in the US
Homologation and assembly resale of the DC35 vans from China (and rebranded) was Michery’s stated plan from day one to help jumpstart the Five production.
100k shares 2% in the red. Should’ve flipped at $.90
Could use some good fluff next week
Yup a double from here
Right after I finished loading. Let’s goooo! Lol
Last 20k @ $.808
Holding my 100k right at $.82
Lets get er movin now!
Wow that long huh?! You think the market will catch on soon?
How long have you known of this coming dilution???
Added 10k @$.7941
Mullen Five production validation is currently scheduled to begin in the fourth quarter of 2023. Full-scale production is set for 2024 which will be model year 2025
“The bill contains $369 billion in funding for clean energy and electric vehicle tax breaks…”
“ The bill uses tax credits to incentivize consumers to buy electric cars… and includes incentives for companies to manufacture that technology in the United States”
“ On electric cars, for example, consumers would get $7,500 per new vehicle and about $4,000 for a used vehicle until 2032, but with some new restrictions on where the batteries were manufactured….”
https://apple.news/AxHRXyc39Sau4Q9U8HQzANA
No actual dates for each city yet either
Mostly sure But drivable no? 19 cities idk
So you decided to buys shares of speculative play after its already run up 5x. Looks like most of the cult has deserted but let’s see what this does in the next few months. Fluff or not curious what sort of PRs roll out. Also you have to wonder if the Strikingly Different tour actually happens (only 2 months away) that there would be media coverage in each city don’t you think? Cars that actually drive? Apparently no one has seen one. Hmm $MULN
Added 10k just now @ $.8462
Holding 70k @ $.833
Added 10k @ $.865. Holding 60k now 40 to go!
100% going under $.50
On its way back down to $.40. Suck for those who tried to start trading this at like $1.17.
I think you’ll see at least $2-3 again by October. There will be tons of volume and then and only then will the mega dilution begin. The company just cannot open the floodgates at these levels.
Added another 10k here. Halfway to my goal of 100k shares. Currently @ $.80 average.
Started loading yesterday. Added this morning
The chokepill never stood a chance. Even in the thick of sarcasm
Like a Swiss watch tho! LOL
Nope now it’s $MULN $6 easy lol
There is actually quite often more than one vote. Can’t believe in your 27 yrs you’ve not experienced this. I believe the share increase passed but if for some reason it didn’t the company will solicit investors to gain more votes and hold another vote a few months down the road. Been through multiple votes on share increases and RS so many times.
Picked up 20k here
Maybe but… Rivian down 5% Lucid down 8% Nio down 8% Fisker down 5%
Infusion inflates market cap to 2+ billion. Not the share price. Shorts will slash that cap in half immediately. Share price can stay under a dollar for a really REALLY long time. That’s what you should take from that call.
F250 maybe but I’m more of a Chevy guy
Could be higher share price but much less value after potential RS
I’m not extremely bullish yet but wouldn’t take a short position right now either
I’m watching….could be under $1 before open tomorrow. Gonna dip hard!
20k $1.23
That’s tomorrow’s problem. Making money today