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$MULN 'Crimewave Dave!' 'Dilution Dave!' 'Pigface Dave!' I love these monikers!!!
If a tree falls in the forest with no one around, does it make a sound? Dogface scumbag Michery doing his usual thing with $MULN stock today. Hopefully the world has more believers now than it did a week ago. Down almost 14% on 2.8M volume!!!
In a word: 'shares.' Everybody gets shares: officers, employees, consultants. All laid out in the filings under 'share-based compensation' section. Pure madness TBH.
C, some of us on this board aren't here to bash or take pot-shots at anyone who thinks possitively of Mullen. We've seen these $MULN games before from DM. One well-known member on this board lost over $100K last year. My unsolicited advise is that you should not try to invest (if that's what you're doing), but swing trade the crap out of this thing. If not for the $50M convertable note reported in Dec'23 that matured last month and has been dumping, this thing may have been at the $10 you mentioned. Dilution has been killing this stock since I got in almost 3 years ago and WILL continue to. The OS will triple in short order. Good luck to you, brother!
Hopefully folks on this board understand now why they saw all the PRs that they did in the past 2 weeks. DM is a master at manipulation through timely press releases and reshaping/spining bad news and horrible business moves into perceived good news! We endured years of this after being trapped in $MULN while him and the BoD made $Millions through compensation packages that were only approved by controlling the vote!!! FACTS!
Who remembers that Series AA share that represented a 1.3M voting value that he threatened to us if the vote for the first of 3 RS (1:25) May '23 wasn't 'YES?'
https://www.otcmarkets.com/filing/conv_pdf?id=16349331&guid=MrQ-kpVcRXrPB3h
Yeah, I was on there too. The nonsense spewed on there got to be too much. Vik is so FOS and people keep believing his nonsense and giving him their money. It's the American way, I guess!
A share buyback would help with that. Plenty to go around with a 10B OS.
KULR Technology Group Sets First Quarter 2024 Earnings Call for Wednesday, May 15, 2024 at 4:30 p.m. ET
SAN DIEGO / GLOBENEWSWIRE / May 10, 2024 / KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a global leader in sustainable energy management, will hold a conference call on Wednesday, May 15th at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the first quarter ended March 31, 2024. The financial results will be issued in a press release prior to the call.
https://ih.advfn.com/stock-market/AMEX/kulr-technology-KULR/stock-news/93827937/form-8-k-current-report
More than likely the only way this thing stays above $6 by next Wednesday is if they announce some sort of purchase agreement. Those of us who have been here for a while have all shot that 'hopeium' of selling vehicles in our veins at some point in the past 2+ years and had a hell of a time in rehab after several lies and failures. Look at all the agreements to buy hundreds of Mullen vehicles that had us saying: "oh, it'll be different this time!" and NEVER happened. How are investors supposed to feel about that?
Mullen is just like Workhorse! When insiders finally decide to form a sustainable company after enriching themselves for years, it's too late. DM will use that same playbook for proping this thing up with share offerings, RS's and potential government subsidies but, like Workhorse, it will cost twice as much just to produce vehicles (which Mullen has yet to do), let alone sell them. Lordstown (RIDE) had a slow death! Workhorse (WKHS) is having a slow death. That scumbag of a CEO is no different!!! $MULN
Hopeium (colloquial, derogatory) - A clinging to unreasonable or unfounded hopes.
Right where this POS with its scumbag CEO Vik belongs! I wonder where the ones on this board that were shooting (hope)ium in their veins ran off too.
All you have to do is sit back and let $MULN do what $MULN does. Learning the hard way is NOT a new concept. We were all stuborn at some point in our lives!!!
I concur. Any move by Mr. Hankey and his band of stooges should be seen in the worst possible light. They need cash badly and not just for operating. Let's see how long it takes before the next 13G is filed.
This thing is getting interesting! Researching 'poison pills' show that this could also be a discounted shareselling maneuver that ends in more and more dilution. Mr. Hankey is taking everyone for a ride and no one knows where he's going.
This confirms it. Someone's coming after MULN!🤣
On May 1, 2024, the Board of Directors of Mullen Automotive Inc. (the “Company”) declared a dividend distribution of one right (a “Right”), for each outstanding share of common stock, par value $0.001 per share, of the Company and preferred stock, par value $0.001 per share, of the Company. The dividend is payable to holders of record as of the close of business on May 13, 2024. In connection with the distribution of the Rights, the Company entered into a Rights Agreement (the “Rights Agreement”), dated as of May 1, 2024, between the Company and Continental Stock Transfer & Trust Company, as rights agent.
I'm pretty sure most shareholders would WELCOME new management
Mr. Hankey💩 and his scumbag BoD are getting nervous! They must've gotten wind of someone plotting a takeover and subsequent shit can of them all. What a useless bunch!!!
Mullen Announces Adoption of Limited Duration Stockholder Rights Plan
May 06 2024 - 9:00AM
...
In general terms, the Rights Agreement works by imposing a significant penalty upon any person or group that acquires beneficial ownership of 10% or more of the shares of Common Stock without the prior approval of the Board.
This is dropping down below $3.50 before anything happens. You should've waited. Esousa had a 3 month expiration date (Jan-Apr24) on the $32M +$18M discount totalling $50M purchase agreement from Dec 18, '23. Per that agreement the repayment is allowed to be "accelerated upon default!"
@MULN Need an updated OS on this pig! Curious how long Senior Scumbag AKA Mr. Hankey left the dilution flood gates open over the past month. $19M in debt as of Dec '23 + 5 mths overhead (including his $750,000 salary)!
Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend]
NAME OF REPORTING PERSONS
Esousa Holdings LLC
Consists of 334,223 shares of Common Stock
SS updated on 2May24. No change since last updated on 23Feb24.
AS 750,000,000; OS 551,281,154 (R 3,978,485/UR 547,302,669)
Expert market doesn't allow you to see seller or buyer quotes unless you are an institution or broker-dealer (expert). The everyday Joe trying to buy or sell won't see it.
BTW, on this website the stock is still showing up under SRNE (NASDAQ) and SRNE & SRNEQ (USOTC). The only one that has trade movement is the SRNE under USOTC.
it’s a scam just like workhorse pic.twitter.com/wiJ7AkF9jO
— Padawan1587 (@stonkhodler87) May 1, 2024
Trade Gopher 🇺🇦
@TradeGopher
ZERO sales since $MULN announcing "production started" in August 2023. More partnerships, no sales. $TSLA doesn't do this. What happened to the Delpack partnership? The Randy Marion Auto partnership? Fortune 500? The #MullenGo partnership to sell in Ireland? Menzies partnership? Heights Dispensary "sales"? Watergen partnership? List goes on and on
..
All a big scam to push fluff PR to enable millions of dollars in fraud bonuses to CEO David Michery and enrich toxic lenders just like Michery did in his last scam company Primco Management Inc $PMCM... Just this time they never hit 800 billion in diluted shares like in PMCM.
9:21 AM · May 1, 2024 ·290 Views
ZERO sales since $MULN announcing "production started" in August 2023. More partnerships, no sales. $TSLA doesn't do this. What happened to the Delpack partnership? The Randy Marion Auto partnership? Fortune 500? The #MullenGo partnership to sell in Ireland? Menzies partnership?…
— Trade Gopher 🇺🇦 (@TradeGopher) May 1, 2024
$MULN I see we have new pumpers on the board trying their best to make a rational argument for this garbage can, black hole of a stock. Some people won't believe until they finally open one eye just in time to see this scumbag CEO walking away with their underwear in one hand and a used condom in the other.
Why would DM do an FS when he NEEDS that AS cap space to generate funds from dilution. Dude, they have NO revenue or any other source of funding! That makes absolutely NO SENSE!!!
Those that have been around this company for the better part of 3 years have seen this before. Price movement as a result of NO material news. The ONLY thing that saves this pig is sales OR positive news from pending lawsuits! Operating cash is a huge issue and SCUMBAG DAVE's dilution machine is operating.
$MULN A fool and his money are soon parted! Some people just HAVE to learn the hard way.
10X the float traded today! That should be red-flag enough.
Nothing wrong with penny stocks. It's the OTC that's infested with scumbag CEOs and scam companies. I decided the same 2 years ago after gaining a better insight into how these things work. To bad it wasn't before getting burned.
I did too and I am so ashamed of myself. I am smarter for it though. I WILL continue to out that scumbag Vik on here and twitter every chance I get. I am sick and tired of scamming, scumbag CEOs raping people's pockets! I am no pro, but it's plain as day to see how this is share selling scam. Wash, rinse, repeat!
Yup, with the exception of NOT mentioning the fat greaseball scumbag CEO and his greedy scumbag BoD, this is spot-on!
THE QUINTESSENTIAL 'STINKY PINKY' SHARE SELLING SCAM!!!
This scam of a company exists on name changes, asset reallocation, share selling to pay off acquisitions and compensations, and subsequent dissolution!!! The sale of shares (AKA DILUTION) is used to pay for all transactions and enrichment of all involved!
On April 1, 2024, we entered into a definitive agreement to acquire the North American assets and operations of EcoChem Alternative Fuels LLC (https://www.hpcdfuel.com/), an Ohio-based provider of advanced filtration systems and services that generate high performance carbon fuels including diesel, gasoline, biofuel, and jet fuel. The terms of the transaction include consideration of 5,000,000 restricted Series B Preferred shares convertible into 50,000,000 common shares, an earn-out based on technology and revenue milestones for an additional 5,000,000 restricted Series B Preferred shares over 3 years, 10,000,000 stock options to be issued to existing staff and new hires at strike prices and vesting schedules to be determined in the future, and a $1.5 million 2-year convertible note (@ $0.05/common share) with $250,000 cash amortization in six months from closing and $250,000 cash amortization in twelve months from closing. $125,000 cash is due on closing, which is scheduled for April 16, 2024.
On February 28, 2022, the Company acquired SMARTSolution Technologies, LP and SMARTSolution Technologies, Inc. (together “SST”). FOMO has closed the acquisition of SMARTSolution Technologies L.P. and affiliates (“SST”) for consideration of one (1) million Series B Preferred Shares convertible into one (1) billion common shares issued to Mitchell Schwartz and SMARTSolution Technologies Inc. As a separate transaction not part of the consideration, FOMO has issued three hundred million (300) common stock purchase warrants with a three (3) year expiration and $0.001 exercise price issued to SST employees as an incentive. As part of the transaction, FOMO is refinancing several hundred thousand dollars of SST debt using an asset backed non-dilutive loan from an institutional investor of up to one (1) million dollars. Closing documents are attached as Exhibit 10.1 herein.
On June 21, 2023, the Company established Diamond Technology Solutions LLC (“DTS”) in Pennsylvania. The Company intends DTS to offer education technology and services, including interactive flat panels, computer equipment, communications, security and access control products, and audio-visual solutions from U.S.-based vendors.
On June 27, 2023, the Company assigned 100% of the operating assets, customer lists and data, and software systems and support contracts from SST to DTS. The transfer closed on October 1, 2023.
Chicago IL, May 07, 2021 (GLOBE NEWSWIRE) -- FOMO CORP. (US OTC: FOMC) is pleased to announce that it has received confirmation from FINRA (the “Financial Industry Regulatory Authority” corporation) that the pending Company name change and ticker change to “FOMO CORP. / FOMC” from “2050 Motors, Inc. / ETFM” will be effective today, May 7, 2021, on or around the market open.
Chicago, IL, March 09, 2021 (GLOBE NEWSWIRE) -- FOMO CORP. (https://www.fomoworldwide.com/ - US OTC: ETFM) is pleased to announce that it has acquired the assets of the Energy Intelligence Center, LLC. As consideration for the acquisition, with a 30-day due diligence period, FOMO will issue EIC 125,000 Series B Preferred Shares, convertible to 125,000,000 common shares plus 50,000,000 warrants, with a three (3) year term and performance criteria for allocation to members of the EIC team. This allocation of warrants with performance criteria is a key motivator for EIC to drive growth and increase the value of FOMO.
On February 12, 2021, the Company purchased the assets of Independence LED Lighting LLC (“iLED”). On March 7, 2021, the Company purchased the assets of Energy Intelligence Center LLC (“EIC of PA”), an affiliate of iLED. Following the acquisitions of the assets of ILED and EIC, the Company combined the assets and businesses of iLED and EIC PA into a newly formed whollyowned subsidiary, Energy Intelligence Center, LLC (“EIC Wyoming”).
On August 3, 2023, the Company approved the transfer of 100% of the assets of EIC Wyoming to its wholly owned subsidiary Diamond Solution Technologies LLC (“DTS”).
On 6Feb, 2024, we dissolved our wholly owned subsidiary (EIC) Energy Intelligence Center LLC.
FOMO CORP. (“FOMO”) has signed a letter of intent (“LOI”) to acquire 100% of the membership interests of SmartGuard Energy LLC (“SGE”). SGE consists of the businesses of LED Funding IV LLC d/b/a LED Funding (of www.smartguardUV.com) and Lux Solutions LLC. Subject to mutually agreed definitive terms and conditions to be negotiated during a 45-day exclusivity period, FOMO intends to acquire 100% of the membership interests of SGE for initial consideration of $12,000,000, of which $7,000,000 is allocated to LED Funding and $5,000,000 to LUX Solutions. Such payment shall consist of a cash payment of $3,000,000, a one-year seller note of $3,000,000 adjusted for net debt of SGE on closing, which may be redeemed in cash with a 10% prepayment penalty and/or converted in part or in full into common stock at the option of the holder at a common share price of $0.01, and restricted shares of FOMO’s Series B Preferred shares having a market valuation of $6,000,000 based on a price of $3.00 per share. The combined businesses project 2021E revenues of more than $13 million and meaningful net income, though there are no assurances. A three-year earnout based on SGE sales growth will be implemented upon completion of an analysis of SGE’s sales funnel in the USA and abroad, with options to purchase additional divisions of SmartGuard in the Robots-as-a-Service (“RaaS”) and Energy-as-a-Service (“EaaS”) spaces on terms and conditions to be negotiated.
On January 6, 2021, we issued 175,000 Series B Preferred shares to two owners of SmartGuard UV for exclusive negotiations right to buy some or all units of the Company for a six-month period.
Chicago, IL, Oct. 19, 2020 (GLOBE NEWSWIRE) — FOMO CORP. (US OTC: ETFM) and Purge Virus, LLC (PV–https://purgevirus.com/) are pleased to announce that the acquisition of PV by FOMO has been completed, effective October 19, 2020. Under the terms of the all-stock acquisition, PV has transferred all (100) membership units to FOMO in exchange for 2,000,000 shares of Preferred B stock issued to Mr. Charles Szoradi, Chief Executive Officer and founder of PV.
$MULN Keep posting this crap. Maybe one day you'll be correct about this POS stock and the architect of its associated con!!!
Mannnn, good stuff!! Thanks for sharing. It hurts more just reading it when they have it laid out like that.
ETFM to FOMO and now IGOT. All EPIC failures piloted by Tricky Vik Grover! This is him repeating history to disassociate his present grif with his historical ones. ONLY FOOLS WILL FALL FOR THIS!!! Do your homework!
CrowdStrike Collaborates with NVIDIA to Advance Cybersecurity with Generative AI
March 18 2024 - 06:00PM
Business Wire
Companies join forces to bring LLM-powered applications to the enterprise, unleashing the power of the CrowdStrike Falcon® XDR platform data with NVIDIA AI Software, including new NVIDIA NIM microservices
CrowdStrike (NASDAQ: CRWD) today announced a strategic collaboration with NVIDIA to deliver NVIDIA’s AI computing services on the industry-leading AI-native CrowdStrike Falcon® XDR platform. Combining Falcon platform data with NVIDIA’s GPU-optimized AI pipelines and software, including new NVIDIA NIM microservices, puts custom and secure generative AI model creation in the hands of CrowdStrike and NVIDIA customers.
https://ih.advfn.com/stock-market/NASDAQ/crowdstrike-CRWD/stock-news/93508282/crowdstrike-collaborates-with-nvidia-to-advance-cy
Translation: a cheap POS.Explains why NO ONE is buying anything from these crooks!!!
$MULN I see why DM came to his senses and doubled down on the commercial EV market. The RS is a useless pipe dream!!!
BYD unveils new $230,000 EV supercar — and Elon Musk says the Chinese automaker could 'pretty much demolish most other companies'