Mullen Automotive Inc (MULN)

[QTRADERQ]

In one month, 153 mil shares have been-sold-by-toxic-lenders since the offering went into effect on 2/28/22. That's a fact. Altogether the OS has increased by 165 mil shares in 2 months. And there's a minimum of 83 mil more shares that "can be" sold by the toxic lenders.

RECAP OF OS:
12/27/21 OS - 23,383,202 shares
2/11/22 OS - 34,942,304 shares
3/1/22 O/S - 188,118,436 shares
+ Selling stockholders from below - 83.3 mil

April 2022 Projected OS - 271 mil

Toxic Lenders Who Can Sell:
Acuitas Capital - 28.6 mil shares
Esousas Holdings - 17.2 mil shares
Digital Power Lending - 13.7 mil
Drawbridge Investments - 11.6 mil shares
TDR Capital - 8.3 mil shares
JADR Consulting - 3.9 mil shares
Total - 83.3 mil

*** Since the toxic lenders have sold 153 mil shares in the last 4 weeks, I estimate it will take an additional 17 days to be done with all the selling coming from the Offering.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=168425552
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=168425555
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=168425556
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=168425557
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=168425558
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=168425559

JMO