Mullen Automotive Inc (MULN)

[dirtydozen911]

S-3 dated march 28....highlights........ MULL... A S... 500,000,000 ...common
80,000,000.......pref
march 25th ...O S....................239,362,608
ser A ... O S.................1925
ser B.. O S............2,783,659
ser C... O S............3,763,627
___________________
total O S mar 25 .....245,911,819

pre merger of NET ELEMENT....and MULLEN TECHNOLOGIES
17 stockholders had 253,109,032 of warrants and pref shares/ for conversion into common stock.
as these holders dilute into the float...the total O S will become..
499,020,851

now that these 253 mill are registered, they can be sold into the float by the owners.......MULN will receive no $$$$$ for this DILUTION
this puts the O S very close the total authorized shares.

$$$$$$$$$$$$$$$$$ MULLEN $$$$$$$$$$$$....????????????