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More proof DM will let this thing die!!!
Securities being offered: 85,000,000
OS prior to offering: 25,859,163
Ault is having a field day!!!
On July 8, 2024, Ault Lending exchanged all of its shares of Series E Preferred Stock for an initial aggregate principal amount of $3.2 million, or $3.0 million including the 5% original issue discount, of Notes and Warrants to purchase 1,150,416 shares of Common Stock (subject to adjustment).
On July 9, 2024, as part of the Obligated Purchases, investors purchased an additional initial aggregate principal amount of $10.5 million, or $10.0 million including the 5% original issue discount, of Notes and also received Warrants exercisable for an aggregate of 3,834,726 shares of Common Stock.
On July 15, 2024, as part of the Obligated Purchases, investors purchased an additional initial aggregate principal amount of $29.0 million, or $27.5 million including the 5% original issue discount, of Notes and also received Warrants exercisable for an aggregate of 10,545,490 shares of Common Stock.
Ault is having a field day!!!
On July 8, 2024, Ault Lending exchanged all of its shares of Series E Preferred Stock[/u] for an initial aggregate principal amount of $3.2 million, or $3.0 million including the 5% original issue discount, of Notes and Warrants to purchase 1,150,416 shares of Common Stock (subject to adjustment).
On July 9, 2024, as part of the Obligated Purchases, investors purchased an additional initial aggregate principal amount of $10.5 million, or $10.0 million including the 5% original issue discount, of Notes and also received Warrants exercisable for an aggregate of 3,834,726 shares of Common Stock.
On July 15, 2024, as part of the Obligated Purchases, investors purchased an additional initial aggregate principal amount of $29.0 million, or $27.5 million including the 5% original issue discount, of Notes and also received Warrants exercisable for an aggregate of 10,545,490 shares of Common Stock.
My 25 cents is on them riding this thing into BK/liquidation. Another RS just expidites the inevitable, but with more work on their part.
T-minus-3 trading days and counting!💩
double_m
Re: PokerStar post# 71325
Wednesday, July 17, 2024 6:15:38 PM
Post# 71328 of 71399
This pig is cyclical! RS will be presented as 'a necessity' and 'in the best interest of our shareholders' by 1AUG. Then the milking will start all over again with NEW cash cows!
#OnlyinAmerica
Tried to ride out the strom, but it's time to let this bad boy go!
double_m
Re: PokerStar post# 71325
Wednesday, July 17, 2024 6:15:38 PM
Post# 71328 of 71399
This pig is cyclical! RS will be presented as 'a necessity' and 'in the best interest of our shareholders' by 1AUG. Then the milking will start all over again with NEW cash cows!
#OnlyinAmerica
Oh wow, the market sure reacted well to news of this "European Distributor, GAMA, Purchases 29 Mullen GOs for Balkans Region" news!🤣 LOSERS!!!
Mullen-a-con Automotive will be changing it ticker symbol soon to $MULNQ! The interesting thing is DM doesn't even have to submit any paperwork to FINRA to get it done.
$CRWD weekend overtime is authorized!!!
$MULN is in its death spiral. What you're seeing is #CrimewaveDave's exit strategy. The aggressive SPA & massive dilution is $$$ for Ops & lawsuits. Put 10Q, SPA's and latest 8K side-by-side & you'll see it. Even Ault stocked up on preferred stock for post-liquidation.🚩 Mark it!
5:54 PM · Jul 19, 2024·
14 Views
$MULN is in its death spiral. What you're seeing is #CrimewaveDave's exit strategy. The aggressive SPA & massive dilution is $$$ for Ops & lawsuits. Put 10Q, SPA's and latest 8K side-by-side & you'll see it. Even Ault stocked up on preferred stock for post-liquidation.🚩 Mark it!
— Doublem347 🇧🇧🇺🇸 (@brokentrident73) July 19, 2024
TK, you underestimate that cockroach DM. He'll pull something out of his rear end and surprise everyone. Watch!
You know what the adage says about a fool and his money.
$MULN is a cockroach. Not even an atomic blast!!!🤣
This pig is cyclical! RS will be presented as 'a necessity' and 'for the best interest of our shareholders' by 1AUG. Then the milking will start all over again with NEW cash cows!
#OnlyinAmerica
Receivership!🤣🤣🤣 They're gonna liquidate this pig, take their piece, then that scumbag Vik will take the rest of what's left in bankruptcy for all those preferred shares he bought up. Classic!!! Then it's on to the next venture (robbery!).
123 transactions with a little less than 1M shares. That's sudden - dead cat bounce, maybe.
Mullen has been hidding this news for weeks!!! Automotive News broke this on 13July.
double_m
Re: Dingbatt post# 71293
Monday, July 15, 2024 1:48:30 PM
Post# 71295 of 71304
Hope you didn't put too many eggs in this basket. This company has a sickness. Robert Bollinger must've came to his senses and decided to step away. They should name an STD after Michery!!!
Learn the 45 min trading rule.
$muln Tell me I’m wrong. @DavidMichery is going to dilute to below $1. Get delisted then bankrupt the company. He will then take the assets for himself at 10 cents on the dollar and start Mullen II. Repeat the cycle…. @SECGov @FBI #muln #mullenusa
— Heartbreak8675309 (@Instinct8675309) July 15, 2024
Oh, where did the happy days go?!😒
Yeah, all losers. Forgot that you said before that you didn't have a lot in this. I learned years ago to stay away from OTC stocks. Only one I own now is that Chinese company that (with the exception of price) is going toe-to-toe with Elon Musk. Nothing good comes from OTC.
Hope you didn't put too many eggs in this basket. This company has a sickness. Robert Bollinger must've came to his senses and decided to step away. They should name an STD after Michery!!!
I bet he regrets getting into be with that scumbag Michery!!!
Robert Bollinger hands CEO reins of his EV maker to GM vet James Taylor
With production of the company's first commercial EV month away, Bollinger Motors appoints a new CEO.
July 13, 2024 11:39 AM UPDATED 4 HOURS AGO
Dude, the company is going thru bankruptcy. If you're in, all you can do is wait to see if it survives on the backend. If you're not, just walk on by.
Talk about a rigged election!!! MA insiders own millions of shares! Somebody call the FBI!
This lawsuit lays out $MULN's modus operandi to a T!!!
Trinon Coleman v. David Michery et al.
On December 8, 2023, Trinon Coleman, a purported stockholder, filed a shareholder derivative action in the Court of Chancery for the State of Delaware, purportedly in the right and for the benefit of the Company as a nominal defendant, against Mr. Michery, and Company directors Mr. Puckett, Ms. Winter, Mr. Betor, Mr. Miltner, and Mr. New (the “Coleman Lawsuit”). This lawsuit asserts claims for breach of fiduciary duty, insider trading, and unjust enrichment primarily in connection with the issues and claims asserted in the Schaub Lawsuit. The Coleman Lawsuit seeks to direct the Company to improve its corporate governance and internal procedures, and seeks monetary damages and an award of reasonable fees and expenses.
"We value the investment and confidence that our customers place in our vehicles,"
Damn! That's the quintessential definition of 'putting all your eges in one basket' brother!
That's a huge gamble. I hope you're still able to pay your mortgage.😆 DM knows how to stay out of jail. Look what he's gotten away with for years.
Yup, extremely experienced! Only in America!!!
Bro, even though $MULN operates like an OTC stock, it isn't. Even though we all know he's a scumbag con-artist, he has enough experience to know enough about corporate law to stay in the gray. We're all spinning our wheels with this to no avail. He lays down every night with a smile and wakes up every morning with a woody.
Well, based on what they put in the PR, I would say yes. Still don't get the "initial delivery" part. Does that imply a 'secondary' or 'final'? Who the knows with these lying c*%#$uc&@ers!
The initial delivery will go to a Massachusetts-based company offering custom home building, home renovations and maintenance, property management and painting services.
The cockroach continues to walk the earth. Hey, they sold a class 1. Woohooooo! That (along with the shares being sold daily) should keep it afloat for the next year.
If you can't visualize $MULN's new all time low (ATL) of one hundred two millionths of $1, here it is - $.000102!
Well, look who has finally seen the light. I guess you eventually got molested by David Michery like the rest of us who "need a life!" Enjoy being a member of the $MULN Losers Club.🤣
Why bother answering this clown. Take a look at his post history. Pure nonsense!
$MULN Another one bites the dust!
Fisker (NYSE:FSR) – The American electric vehicle manufacturer filed for bankruptcy last night, aiming to sell its assets and restructure debts following severe financial challenges in the production and delivery of its “Ocean” SUVs. Fisker, declaring bankruptcy under Chapter 11, reported assets valued between $500 million and $1 billion and liabilities ranging from $100 million to $500 million. This indicates that while the company has substantial resources, it also faces significant debt. In 2023, Fisker produced over 10,000 vehicles but delivered only about 4,700, showing a discrepancy between production and actual delivery, possibly reflecting operational or demand challenges.
This guy Justin Davis-Rice is a notorious scumbag of the same caliber as DM. All you have to do is google him. Dude got into bed with the Chinese, got a fat payday and pulled the ripcord!!! Naked Brand investors are still pissed to this day. $MULN is a fat cash cow and the word is spreading.
Great read for anyone who is unable to see the about that crook Michery!!!
Spoofing Lawsuit Data Reveals Persistent Pattern of Heavy Dilution Coinciding with Mullen PR
I’m a numbers and data kind of guy, and Mullen’s new “spoofing” lawsuit complaint unexpectedly gives us a wealth of new data to work with including a record of some of the specific dates and number of dilutive shares issued by Mullen (tables starting on page 25). Previously, we had to rely on sporadic SEC filings to track the increase in total shares outstanding, but there would often be months between such filings, leaving us to speculate on the pace of dilution in more immediate time intervals. The data tables provided by Mullen now allow for a much more fine-grained picture of this dilution, and seems to confirm what we could only surmise previously: that there is significant correlation between big Mullen news and PR and periods of heavy dilution.
March 2023
The last few weeks of March 2023 showed some of the heaviest dilution volume, with nearly 1.45 BILLION shares diluted between 3/9 to 3/31. To put this in perspective, OS was 2.12 Billion shares on 3/2/23, so this one month period saw an increase of shares outstanding by nearly 70%.
...
A little light reading on the demise of WindStream Tech Inc. Totally different company. This line was especially telling. Bottomline: Not enough sales to sustain the company while burning thru ~$200,000 p/month.
Since WindStream shut down, little has been written about the company, nor have its products been seen in national trade publications, much less on the “Today” show.
The company’s fall happened almost without a trace.•