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So many problems with your post
1) you are saying it’s illegal for them to communicate and then saying this is “cover up strategy” so you’re profiting from illegal activity..
2) How would the MM’s even know? Are you suggesting there is insider trading?..
3) My favorite one of all - ANYONE LIVING IN THEIR MOM’S BASEMENT CAN PAINT THE TAPE…
Valuations are relative.
I have my own method.
MM signals???
Really, like they don’t have better ways to communicate in 2023 lol
That’s a more realistic valuation of this company at this time
That’s just the price per share silly. The market cap is overvalued at $650M with $85M in assets and $65M in liabilities!
The MULN is also on the NASDAQ list of noncompliant companies as of September 2022, I posted a linked directly to NASDAQ. They have till March 2023 to comply with $1 bid.
I like the company as an idea, but not the stock at its current valuation.
I’m a buyer at $0.18 - $0.22, maybe event lower if it makes new 52 week lows
Keyword is “apply” to be granted 180 day extension at NASDAQ’s Discretion.
Could happen, could not, maybe the PPS goes to $1 bid in time, who really knows.
My point is that this makes MULN very high risk and I don’t see anyone informing new or potential shareholders of this risk.
No they don’t. That says Arax Corp, not very many know that’s translates to ticket symbol ARAT trading on the OTC..
The only $ tags they have are for their crypto currencies $CTN and $XCB
There is an information problem and they company would need to do better if they want to draw more shareholders from the public market, I don’t believe it’s a priority for them right now, which is why things are the way they are.
MULN has been on the NASDAQ non complaint list (link below) since 9/7/2022, 180 calendar days is on March 6th…
https://listingcenter.nasdaq.com/noncompliantcompanylist.aspx
Is MULN gonna remain NASDAQ complaint?
90% of the CORE fans don’t know the ticker is ARAT..
Guys for your piece of mind, let me just say you’re not going to change anything with your posts.
We are all here to make money on this merger, some have been here for almost 2 years, some for just a few months.
At the end of the day, it’s a waiting game until there are enough updates to cause buying pressure to blast this thing off.
I’d suggest if you can’t wait, to move on and find something to flip, and if you can wait, DON’T loose your mind off this because you’ll drive yourself crazy looking all the time!
Would be very nice. $1 hold would be a great base.
Interested to see what they plan to PR in what order.
I’d like to see some financials, even if it’s preliminary.
Impressed to see it moved from .20 to now over .40
I guess I missed calculated because I assumed the PPS wouldn’t naturally get back over $1 to stay on NASDAQ
I’m too stubborn to buy now at 2X so I’ll just watch it for now.
GLTA
Yes if is.
I’m assuming they are telling the truth.
They also have zero obligation to answer.
$ARAT spread getting tighter @ .70 X .90
$ARAT bid has been creeping up form .60 little by little looking for a seller lol
He read it here : https://www.kron4.com/business/press-releases/ein-presswire/606303287/arax-a-publicly-traded-company-makes-strategic-acquisition-of-blockchain-firm-core-business-holdings/
It’s not a statement from the company
The previous owners of the shell had some kind of hot dog business.
Not relevant to the new shell ownership at all.
Seems like someone needs more shares..
It ran on no news to $13+ that didn’t end very well at all. Luckily I kept my average low but many had to average down after or some even took very big losses.
Idk how it feels / works to have the power to control the movements but all I do know is that as long as the DD is right, the PPS will match when the time is right.
Been here for so long, what’s a little longer to wait lol
Never noticed that, but makes sense!
“file for a forward split, name change, or ticker change.”
That’s all speculation. Sorry I forgot to mention.
But they did mention last year about buying a public shell to go public on the NASDAQ.
This is the only public she’ll they purchase, so we can safely assume they meant to upload ARAT to nasdaq but they have a long way to go to meet all the up listing requirements.
We shall see what 2023 brings
Very common with low floaters, you’ll also notice the spread is very large bidding at .65 and asking at .934
That’s also a deterrent for buying at the ask because the shares bought on the ask at .934 can instantly become worth .65 if someone else sells on the bid or if the buyer decides to liquidate.
I think the spread will tighten once we are back in multi dollar range as it did the last run.
I don’t expect much more to happen till they issue another PR, merge in the financials (next quarter or annual report), file for a forward split, name change, or ticker change.
Because another 100 went through at $0.65 so that’s the last now.
Thank you.
You just said that everyone who posted at the high sold…no proof besides a theory…sure, the momo traders bought and sold, but those that knew about this merger for over a year+ have been holding and adding on the way down.
Did you go into everyone’s account to verify?
Don’t confuse “fade” with holding while no updates…
“As we are approaching the end of the year, we would like to bring you a progress report on the software acquired by ARAX Holdings Corp. / @CoreGroupCC
???On this note, we’d like to wish you all a happy and prosperous New Year!”
As we are approaching the end of the year, we would like to bring you a progress report on the software acquired by ARAX Holdings Corp. / @CoreGroupCC
— Arax (@AraxCorp) December 28, 2022
💥✨On this note, we’d like to wish you all a happy and prosperous New Year!https://t.co/tRaO4WljIA
Same way it went from .50 to $13 in front of my eyes on the last run…very low float
Additional guess, someone (or group could be playing with shared between accounts)
Who really cares, this is an investment. We are here because we see the value. The day to day is nothing. Been here maybe 2 years now.
Really glad I got out yesterday.
Good luck to those still holding.
I’ll still watching and will jump back if I see anything positive, but I’d fear the NASDAQ compliance will cause a lot of issues.
They are looking for “flippers” that got in to make a quick flip that would sell at a loss to put their money somewhere else.
There is no one longer term that’s gonna fall for selling now.
Especially those that waited over a year for a merger to be confirmed.
Watched this run to $13 from sub $1 without merger confirmed, I’ll watch it do it again this time holding those gains…$$$$
These are good levels.
Was surprised it’s not holding above $1 but that just means more time to add more!
I’m out..
Waiting to hear how / if they even have a plan to get NASDAQ compliant..
Shows how low the float really is
Final have an IR email:
investor@arax.cc
I see the dilution word, those who claim, please show us change in share structure.
Otherwise there is not dilution.
I would hope they will do both a ticker and name change.
Last day to get in sub $1 I’d assume
Splintered sunlight said it’s not enough, he wants the President to go on TV and announce the connection.