Mullen Automotive Inc (MULN)

[Dragon Lady]

MULN_CON: THIS_SCAM_OWES_IRS_and_STATE_OF_CA_PAYROLL_TAX_LIENS_LMAO !!

This POS on their most recent filing - is SOOooo BUSTED BK BROKE they literally had $ZERO CASH on their balance sheet.

NO ONE has ever seen a bullshit Mullen car "Drive or move under its own power" as they DO NOT EXIST. VAPOR-WARE SCAM INC aka OTC BULLSHIT pumped on to the NASDAQ to run a bigger con n fraud !!

This latest "BATTERY HYPE N PUMP" con - TOYOTA and 10 other MAJOR WORLD LEADERS have ANYTHING Mullen claims to have in "Battery tech" - and has it for real, and better, and READY TO MAKE with real facilities etc !!!

https://www.otcmarkets.com/filing/html?id=15570500&guid=QmFwkeeRrRuvQth

THEY AIN'T BEEN PAYING EMPLOYEES THEIR SALARIES ON TIME - and they STIFFED THE IRS and CA FRANCHISE TAX BOARD FOR EMPLOYEE PAYROLL TAXED = that can get into FELONY CRIME TERRITORY let alone it's a SEC SCAM from top to bottom !!

https://www.otcmarkets.com/filing/html?id=15570500&guid=QmFwkeeRrRuvQth

PAGE F-31:

"Federal and State Tax Liabilities

We have recorded a $4.2 million liability at December 31, 2021 associated with past due amounts owed to the Internal Revenue Service (“IRS”) and the Employment Development Department of California (“EDD”) for failing to remit payroll taxes associated with MTI and the Company’s employees.

NOTE 18 – CONTINGENCIES AND CLAIMS – Continued

The IRS has filed a lien on substantially all of our assets. On April 28, 2021, MTI entered into an installment agreement with the EDD to pay $10,000 per month related to unpaid state payroll tax liabilities of $370,067 plus accrued interest. Monthly payments of $10,000 are being made and will continue until paid in full."

THIS SCAM IS BK BROKE FOLKS - they're gonna DILUTE THE LIVING SHIT OUT OF THIS CON-JOB and no cars and no bullshit magic batteries EXIST ANYWHERE ON PLANET EARTH made by these serial grifters scam artists !!!