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Picked up a lot today. Tax sellers will be coming back in and there is something VERY serious going on here for sure.
Just waiting on the Company to actually start o talk to the investors.
Crawling its way back up then POP
How much are they now?
Apparently there are people accumulating here other than me.
This is super thin. When it pops it will pop. Sneaking what I can when I can to build position.
Fake wall. Someone else hit that. I have mine for the day.
They are not diluting. They are removing liabilities and exchanging them for restricted insider stock. We will never see that stock. The insiders know something and are positioning the Company to take advantage of it. Also makes it nearly reverse proof. Financials show zero stock issued since December of last year. That is a concentrated effort to tighten the float.
They take advice from note holders who are not effected by the reverse and then deposit with huge profits. They take advice from whomever is keeping a failing enterprise alive.
All car companies have issues that get refined. Remember the Corvair?, the exploding Pinto?
2nd day with very little volume and its up. That looks like a dry sell bed to me.
Do you think that FFIE will be able to put cars on the road that do not cost over 3000k?
Sounds like I should hope that this is NOT the Company they are aligning with then. Thank you all.
Yet they are ahead of every other Low Volume Manufacture, exempt from crash testing, and approved to build 4 different cars. And they are supposedly moving into an actual plant for production.
Minimal dilution.
That means the sellers are drying up and the accumulation at low levels has continued. Gap in the ask suggests that with similar buying that it will be well pasat 0.01 in a short time.
I heard a rumor that Ecite Motors (VAPR) is partnering with a struggling NASDAQ listed US manufacturer and that they will become the majority owner. New here but not to E-Cite. www.ecitemotors.com Would this be a good thing for MULN if it were them?
We will see.
Someone is soaking up the float. And just after the CEO and COO converted their debt to stock? Someone knows something. This is textbook reduce the float, take out the weak hands, then bring in buying on news and break the shorts for a doo run run run.
Late filing but thay have always filed so I assume it will not be long. Hoping to see revenues.
Well it is pretty clear that there are no plans for a reverse or the CEO and COO would not have just converted thier debt to stock. They would have waited.
Holy committed executives Batman. The CEO and COO just converted all of there debt to restricted stock! Usually they would take the cash as they all ready had positions.
https://www.accesswire.com/942430/e-cite-ceo-and-coo-invest-heavily-converting-loans-and-deferred-compensation-to-restricted-stock-at-double-market-price-reducing-related-party-payables-by-over-90-and-total-liabilities-by-over-50
WOW! The CEO and COO must know something. The CEO invested nearly 500k and the COO nearly 200k and took stock at double the market. Probably why they have been so silent so double was this low.
Looks like they heard you.
Looks like the network is expanding along with revenues.
https://www.accesswire.com/942364/cbmjs-supporting-patriots-launches-shopping-channel-to-30-million-samsung-tvs-showcasing-made-in-usa-products-seen-on-patriottv
Saw some strength today. Mostly up buys but the MMs do not want to let it run.
NEWS! Looks like General Flynn is consolidating his companies and that he is fully engaged.
https://www.accesswire.com/926723/cbmjs-patriottv-and-beverly-hills-precious-metals-reach-exclusive-sponsorship-agreement-enhancing-both-companies
One thing's for sure. There have been many tremendous returns here and it is looking like another one is brewing.
This looks like it might have been the bottom with the seller hopefully gone.
A major shift to the positive is coming based on the chart.
Very Good news for sure. Well done!
Looks like they went fully current so I guess that was not accurate.
I think that this is going to go up from here. Brannon was kicked out of the Howse. Nice that Flynn took the classy approach but I have to stick with Flynn. He is seriously no joke. Have you guys seen the movie? Pretty amazing stuff.
Well news is out and it looks like Flynn is in and revenues are up substantially. They even reduced thier liabilities.
We should get some kind of official release on this I would suspect. I am going to bet that he is still very involved and will be buying to catch these lows in anticipation. Once confirmed, then this panic selling will turn to a buying frenzy IMO.
The key is Flynn. I met him, saw the movie, and spoke to him about CBMJ and he was very committed.
Most shares are held by CEDE at the broker. So if you have shares deposited at a broker it counts as one shareholder even though it may be hundreds.
Very true. When this starts to move up again it will move fast.
Financials are filed! Looks like the panic sellers thinking this would go Expert market were wrong. Time to pick up the pieces and get another run,
I think you are correct. They have been silent but once the financials are filed I suspect we will see a barrage of updates.
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