Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I didn't pay too much attention to it because the effect is the same regardless...dilution. I do remember seeing $.30 in there somewhere, but don't remember the context.
Silver, hopefully I'm not insulting your intelligence, but try this. Go onto the OTC website and pull up $MULN. Go to the 'Disclosures' tab and pull up the S-3 form. Hit 'Ctrl-F' on the keyboard and type in 'proceed'. Find each instance where that word comes up and read it carefully. You will get that answer for yourself.
The company receives $$$ from the sale of shares (warrants) to 'SHAREHOLDERS'. Hopefully we all agree that the purpose of equity funding is to, wait for it, raise money. In any prospectus, the company HAS to disclose what they intend to do with the $$$ that's raised under the 'USE OF PROCEEDS' section of the prospectus.
Now, in that same prospectus, Mullen HAS to disclose that when the 'shareholders' decide to sell those shares (as long as it's within the rules of the contract), Mullen WILL NOT receive any 'PROCEEDS' from those sales. That's the quintessential definition of 'KICKBACKS'.
Hopefully this explains the context of that statement.
Yeah, and I keep reading your misinterpretation of what that statement means. No one on the board seems to want to correct you.
What?
Institutions buying up $MULN like hotcakes!!! Shorts will continue to win for a while yet. Rain clouds for the foreseeable future, but $MULN has the funding to keep moving forward - THAT'S A GOOD THING. My advice: instead of complaining about the inevitable, just wait for the $.20's then LOAD,LOAD,LOAD! We all should've seen this coming when the initial SH meeting was announced to vote on RS and AS increase. #Commonsense! The ONLY reason companies do that is to free up AS cap space for equity financing (dilution).
Read the fine print in the legend for the (1) next to that 0 shares owned.
Read the 10Q my friend! If Citadel buying is your tell tale sign for being bullish, then go right ahead and keep buying. HOLD! I've made my peace with the fact that we will see more rain clouds before we can all head to the beach. My 100K+ shares are locked up. I am patient...that pay day will come soon enough.
Not a good time to be loading. Next thing we'll see is an 8K announcing increase in AS. Read the 10Q - lenders have been waiting to convert since the end of year. Esousa was issued 23M shares in October to avoid potential claims related to the Exchange Agreement Mullen has with them. They had about $90M worth of common stock to convert. I hate to say it, but dilution incoming hard as soon as that AS changes!!! Just hold on and have some patience.
Consequences of not having AS cap space!!! Now everyone should understand why the RS or AS increase was so imperative!!!
October 31, 2022 October 31, 2021
ASSETS
Current Assets
Cash $ - $ 786
Total Current Assets - 786
Current Liabilities
Accounts Payable and Accrued Liabilities $ 634,362 $ 634,347
Accrued Interest 772,070 486,783
Accrued Salary and Wages 903,718 836,068
Working Capital Loan 271,239 59,099
Convertible Notes Payable, net of discount 2,732,471 2,672,470
Derivative Liability 1,936,213 1,936,213
Total Current Liabilities 7,250,073 6,624,980
Revenues
License Fees $ 60,000 $ 119,450
Advertising 5,092 -
Subscriptions 6,928 23,530
72,020 142,980
https://www.otcmarkets.com/otcapi/company/financial-report/358771/content
Did some research on Friday after seeing this tweet.
imagine 13 days passing and all the failed to delivers are due, as we get a 10q that ends the quiet period and shows all the new assets and guidance. Could be amazing for the SP. $MULN, #MULN is gaining potential. getting more interesting by the day. https://t.co/1M2tBxxmIA
— Captain Trademan (@KPMorningstar) February 4, 2023
Will MULN Shares Continue to Surge Next Week?
FEBRUARY 5, 2023 / FRANK NEZ
The company stock rose +7% on Friday after gaining +24% that trading week. There’s a strong bullish sentiment surrounding MULN stock that is attracting new retail investors at just the right time.
Mullen Automotive recently received a $200 million purchase order for 6,000 cargo van EVs in December. The news carries weight going into the first quarter of 2023 after the company’s partnership with industry leader, Randy Marion Automotive Group.
Momentum in the past month has compounded as more investors begin to discover price targets from experts and analysts. Mullen Automotive’s stock price forecast targets a high of $24.15, mid of $23.46, and low of $23.23.
“Mullen Automotive is set up for a short squeeze that may not begin if the company cannot issue some favorable news in the next few weeks,” said MarketBeat analysts in January.
Could MULN stock be the next GME, AMC, or even HKD? These stocks surged 1,500%, 3,000%, and 20,000%.
MULN Bullish Trend
In the past month, MULN stock has had one particularly strong bullish trend; its call options vs put options ratio. This market sentiment is what makes Mullen Automotive stock stand out from many others in the market. It has an extremely high bullish conviction.
On Friday alone, we can see the stock had a total of 131.62K call options and 11.22K put options. That’s nearly 12 times more call options than put options. And this is a trend we’ve seen all throughout the new year so far. Both retail investors and institutional investors are majority long on the company.
But Mullen Automotive will need to continue to prove itself to institutional buyers for heavier buying pressure to push the stock past $0.44, a strong resistance level. MULN stock tested $0.44 in January and again during the first week of February. Shares rejected $0.44 coming back down to $0.39 before bouncing back to $0.40 on Friday.
This means that even as shares fall, buyers are picking up the dips. A break past $0.44 could create the chain reaction the stock needs to make its way to $0.60 and to $1. MULN stock has proven to be extremely bullish this year-to-date.
If shares are able to maintain above $0.42 this week, it’s highly probable that the stock will continue to rise.
In a war between bears and bulls, bulls are in the lead, but they’ll need to maintain that buying pressure if they are to see $1 per share before Nasdaq’s deadline in March.
Over 18M vol on 126 trades today! Almost 12M daily avg. this week! What's really going on here? Dead cat has a pulse?
Friendly reminder!
Menzies, with over 8,000 vehicles in its global fleet, has started the evaluation of #MullenAutomotive Class 1 #EVCargoVans along with #EV charging infrastructure from Loop Global across its operations at the LA International Airport $MULN
— Mullen Automotive (@Mullen_USA) February 2, 2023
Learn more — https://t.co/rDFVDnXyr9 pic.twitter.com/3bqyHIPR0J
...and is continuing to push up hard!
Welcome aboard my friend! It doesn't matter what they do, the markets responds to these reports and getting that on a Friday should blunt the usual beer-money drop.
The commercial EV space is more valuable than the personal EV, and as long as Mullen continuously pumps them out, it's completely doable. $MULN
517,000 jobs created in January 2023!!! Hasn't been seen since 1969. Mullen and Bollinger did their part in reaching these goals, and should be rewarded post haste. $MULN
Menzies, with over 8,000 vehicles in its global fleet, has started the evaluation of #MullenAutomotive Class 1 #EVCargoVans along with #EV charging infrastructure from Loop Global across its operations at the LA International Airport $MULN
— Mullen Automotive (@Mullen_USA) February 2, 2023
Learn more — https://t.co/rDFVDnXyr9 pic.twitter.com/3bqyHIPR0J
The All-Electric Bollinger B4 Chassis Cab. The most durable, dependable, adaptable, bad-ass, electric truck on the planet. For more information, contact sales@bollingermotors.com or visit https://t.co/4LfvjNFblm #bollingermotors #heavydutytrucks #electricfleet pic.twitter.com/1wqjJMaETO
— Bollinger Motors (@bollingermotors) February 1, 2023
NOTIFICATION OF LATE FILING
Name of the Issuer: VIVA ENTERTAINMENT GROUP
Check One: Annual Report Quarterly Report Interim Report
For Period Ended: 10/31/2022
Address of Principal Executive Office:
143-41 84th
Briarwood, NY
11435
Reason for Delay in Posting Financial Report: State below in reasonable detail why the Annual/Quarterly
Report could not be filed within the prescribed time period.
The company controller underwent surgery which delayed the compilation process.
Anticipated Filing Date:
[Please note that the filing of this notification grants issuers 5 additional calendar days to post a Quarterly or Interim Report and 15 calendar days to post an Annual Report.]
Feb 15, 2022
Person to contact regarding this notification: Officer/Director Signature:
Date: 1/30/2023 Date: 1/30/2023
Signature: /s/ Johnny Falcones Signature: /s/ Johnny
Falcones
Name: Johnny Falcones Name: Johnny Falcones
Title: CEO Title: CEO
Instructions to post Notification of Late Filing in www.OTCIQ.com:
1. Fill out this Notification of Late Filing form and convert the file to a PDF
2. Log in to www.OTCIQ.com and click “Add Financial Report” on the left hand navigation
3. Select Dissemination Date “Immediate”
4. Under Report Type, select “Notification of Late Filing”
5. Enter Period End Date corresponding to the quarter/fiscal year end date for which this Notice is being filed
6. Click “Browse” and select the PDF saved in step 1 above.
7. A preview of the document will appear next. Please make sure to review the entire document & scroll down to click the “Submit” button. Your Notification of Late Filing will appear within a few minutes on otcmarkets.com
Alternative Reporting companies on the Pink Current tier may utilize the Notification of Late Filing to receive the extension. The Notification must be submitted by the applicable reporting deadline to qualify for the extension.
OTCQB and OTCQX non-SEC reporting companies may also post this document to remain compliant with OTC reporting requirements.
Conditional Filing Relief for Companies Affected by the Coronavirus: Issuer must specifically disclose a summary of why relief is needed in the Notification of Late Filing in order to receive the 45 day extension.
https://www.otcmarkets.com/otcapi/company/financial-report/357940/content
After a week of customer rides, the B4 went straight into durability testing. In short, this process helps the team fine-tune the already-fine-tuned systems to be as safe and dependable as possible before production begins later this year. More testing details to come. Go team! pic.twitter.com/vT5PGRnufb
— Bollinger Motors (@bollingermotors) January 30, 2023
How do you know it's not going to happen? That's a pretty definitive statement. "No production coming?" No one knows what's going on in the Mullen and Bollinger factories. I just don't get it how so many folks can just blindly say there will be NO production. None of us know that.
Don't need it! All we need is to hear about production and some vehicles being delivered. Sit back and watch!
Huge short squeeze coming. May not be tomorrow, this week or next week, but it's coming! Everyone saw what it looks like last week when $L&^D squeezed! Standby!!!
BREAKING: Expert Says a MULN Short Squeeze is Highly Probable
JANUARY 29, 2023 / FRANKNEZ / 7 COMMENTS
Stock Market News: A MULN short squeeze could be underway soon according to experts.
Experts say positive news in the coming days to weeks is all Mullen Automotive (MULN) stock needs to trigger a short squeeze.
“Mullen Automotive is set up for a short squeeze that may not begin if the company cannot issue some favorable news in the next few weeks,” said MarketBeat analysts. Experts are saying Mullen Automotive’s high trading volume and current price action all point to a short squeeze.
The company was able to finish 2022 strong with news after partnering with Loop Global to deploy EV charging solutions, including a public DC fast charging network and residential offerings.
Mullen Automotive is also preparing for 3 commercial product launches in 2023 after signing with their first U.S dealer partner, RMA Group.
In early December, the company announced Former General Motors Government Sales Leader Ronald Dixon will be leading Mullen’s EV charge for U.S government fleet sales.
Mullen Automotive has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Monday, February 13th, 2023 based off prior year’s report dates, according to MarketBeat.
MULN Short Squeeze Price Prediction
CNN Money is predicting MULN stock to make gains upwards of +7,000% this year from its $0.32 previous major level.
Stock analysts are giving Mullen Automotive a low of $23.23, a mid of $23.46, and a high of $24.15 per share.
The current analyst consensus is a strong buy.
Now more analysts are saying all Mullen Automotive needs to trigger a short squeeze is favorable news in its next earnings report.
Entrepreneur says a flop could cause shares to slide, but retail investors are bullish on the automotive company.
In the past week, call options have dominated put options on Webull.
Today, we’re seeing MULN stock price consolidate as we get closer to earnings. Where the company stock price goes from here will depend highly on news catalysts.
If the company is able to demonstrate results and progress going into the new year, institutions might favor buying in heavily, squeezing short sellers in the process. MULN’s short interest sits between 10%-44% according to a few data analytic websites.
Much of the bearish action and suppression in MULN stock today is being done by dark pools and off exchange action, per MarketBeat. All the company needs to trigger a short squeeze is to give these bears a reason to run.
Will MULN Stock Go Up Soon?
Analysts say Mullen Automotive stock has formed a clear bottom in the $0.25-$0.36 that may easily turn into a reversal with good news from the company. A bounce here could send the price to retest $0.60 in a few days or less.
Bullish continuation above $0.60 could take MULN stock to the $1 level.
But it’s all going to depend on the company’s annual report and earnings according to Entrepreneur.
Experts are still giving MULN stock a year-term projection of $23 per share.
Today, out of 173 financial institutions investing in Mullen Automotive, only 1 is short with 172 being long, per Fintel. In December alone, 18 financial institutions purchased shares of Mullen Automotive. Two of the biggest financial institutions that have recently bulked up on MULN stock have been Vanguard and BlackRock.
Other major institutional buyers include Fidelity, the Russel 2000 index, Nationwide Mutal Funds, Schwab, Morningstar, and Blackstone.
https://franknez.com/breaking-expert-says-a-muln-short-squeeze-is-highly-probable/
Why are we speculating Apple possibly wanting LUCID when the Saudi PIF owns the majority stake in the company?
More of the same. This stock represents the quintessential battle between bulls and bears, with all the shady goings-on of the stock market's underbelly rallying in the bears' favor! Our only saving grace is delivery news from the company to give it a good push.
Saudis own about 60% of Lucid and the was an article earlier about them working with Wells Fargo to buy out the rest
MADNESS!!! HALTED AGAIN!
Shorts can suck it!!! Shame SEC trying to protect them...SMH
Back underway!
LUDP code: Volatility Trading Pause 3 times in 22 mins!!!
01/27/2023 13:17:12 LCID Lucid Group, Inc. Cmn Stk NASDAQ
LUDP
01/27/2023 13:17:12
01/27/2023 13:10:11 LCID Lucid Group, Inc. Cmn Stk NASDAQ
LUDP
01/27/2023 13:10:11 13:15:11
01/27/2023 12:56:45 LCID Lucid Group, Inc. Cmn Stk NASDAQ
LUDP
01/27/2023 12:56:45 13:01:45
C'MON SEC!!!
A year old! We need some real today-breaking DOJ investigations news to shake things up!
I think Ultium submitted in '20.
We just need a break here with this SP. One day gains = next day dump...all around $.30. Bears, thieving MMs and shorts refuse to let it breathe for more than one day at a time! Baby steps towards wheels-on-road are getting old...