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We just did….LOL
Buy everything you can…and thank me later.
The stock will become flippable due to increased volatility and decreased liquidity.
But most of the “institutional” holders will have to sell.
The OTC means the eventual doom of MULN and Michery knows that which is why he is trying so hard to get this RS through.
“As of today it amounts to zero common shares. They can't convert today“
Are you that obtuse that you did not understand what he was saying?
“Did I miss anything?“
Yes proposal #2 in the proxy. They can adjourn to extend the vote…which they did.
Michery needs the RS…Mullen will not survive on the OTC…he needs too much money to get anywhere close to cashflow positive.
And they won’t get it while on the OTC.
Make it 100,000!!
What could possibly go wrong?
If they voted to adjourn the meeting I wouldn’t count the chickens just yet….
If they stay below $0.10 and don’t do an RS…next stop…OTC.
I guess Nasdaq listing will go bye-bye….
…and then some.
“He borrows money at a certain interest rate and make money on that investment the bankers all line up to make the big deal that“
You obviously have no clue as to how Buffett invests. Do you just make this shit up as you go?
Buffett is very well known for not borrowing to invest in stocks.
https://www.fool.com/investing/2022/09/29/warren-buffett-doesnt-borrow-money-to-buy-stocks-a/
“Buffet is a very sophisticated banker…”
Banker? WTF are you taking about?
His is probably one of the most successful INVESTORS in the history of investing.
WTF r u taking about?
I am in agreement with Buffett/Munger, I wouldn’t buy it, short it or anything else.
“Every day since Gensler has been in charge of the SEC is a dud day for the OTC and furthermore the same thing for the Crypto market too“
That tells me he is doing his job.
You understand don’t you that a private entity/company suing somebody for a Securities law violation is not “seeking federal charges”.
Obviously whoever came up with that title has no clue.
Only a Regulator/DOJ can bring “charges”.
The stupid is strong here.
I think my wife had that one covered awhile back
I guess the sp is a touchy subject…lol.
It’s a trip zero stock.
It’s done.
I see the dilution hit the market all day long.
Notice they won’t tell you how many were sold. LOL.
This looks like another beverage scam. Many have come before it.
I am wondering if Basile is refunding their fee for the first two botched filings…
I guess the third time is the charm? LMAO.
Looks like they refiled on the 8th.
Yes! thanks
Yea I can see the one you provided…not the others.
Am not on TWITTER.
"Our CEO did a fantastic job and spent minimal $$ on a great deal"
Great job? LMAO!
He bought those assets originally for $5.5 MILLION dollars.
Lost the ENTIRE investment....
And then bought them a second time...
Absolutely brilliant!
The OTC cracks me up.
Well the MULN share price would have to go up about 500% before you could buy that one sardine! LMAO
The sardines will be worth a lot more in a year than the shares 😉
But you seem rather obsessed with posters that are critical of the stock and Michery (which has turned out to be ENTIRELY warranted).
…just sayin’
“you have to be pretty stupid
to think anyone is blaming bashers for the stock price “
Then why you so angry at them bro?
Open the filter, scroll to the bottom and select “Include out of stock items”
The search “Safety Shot Drink” works.
I don’t think there is any evidence it has been “available” as they said for one day.
All I am saying is those of us who have been critical of Michery and the prospects of the stock price have been 100% correct all along.
This stock has been killed by the massive dilution and it was entirely predictable.
Mathematically the drop in the stock price is completely attributable to the dilution alone.
Do you realize that the current OS on a pre-split basis is over 93 BILLION shares and that doesn’t even include whatever dilution has occurred in the last month.
That is not the result or fault of shorters, spoofing, bashers or anything but Michery’s CHOICES.
And to top it off, before the dilution really got going he cashed in close to $10 million in stock. Even he knew what was coming.
He’s a con artist…as his history in the OTC demonstrates. He is simply running a much more sophisticated and long con this time.
And people that have lost a lot of money are still defending him. It’s like Lucy and the Football and Stockholm Syndrome all tied up as one.
You can sit here and post about the “bashers”…but the REALITY is they have been entirely correct.
But I guess people have to blame anyone but themselves for making a stupid investment.
At least he is admitting that MULN is no longer an “investment” but merely a trade. Lol.
And it isn’t even a good trade…
It is showing as out of stock on Amazon…which anyone can see for themselves.
His bank accounts? LOL. When I said “he” I was obviously referring to MIKP of we “he” is the CEO. MIKP has no money.
But we also know that Mark has limited personal resources given the fact he had to go hat in hand to a number long time shareholders just to fund getting the Form 10 filed.
Getting a civil judgment for a regulatory violation usually requires an action by a regulator to substantiate it in order to have any real hope of success.
This lawsuit will go the same way as the shorting one. But it will be another six months before it gets to that point.
Michery is probably coming to the realization they aren’t really an effective pump anymore.
“and paying any attention/listening to bashers should be
for entertainment only“
The “don’t listen to the bashers” shtick is both funny and sad.
The dilution’s affect on the stock price was entirely predictable and was, in fact, predicted.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=169132836
Those that did pay attention and listened avoided losing over 99.9% of their investment.
smh.
He has no money to do anything of substance.