Mullen Automotive Inc (MULN)

[QTRADERQ]

I said "perhaps at $1.40" but now in hindsight its evident they can short and naked short down to .0001 as the OS balloons from 300M to 3B. Now I understand why the CEO has sold 500,000 shares between $1.65 - $2.54. I suggest you look up what a "9.99% blocker" is. For those who don't know... it's a limit on how much debt a toxic lender can convert to common at one time.

Acuitas Holdings 13-G says current 9.99% ownership which means after they sell, they can reload more debt to common. It's never ending. All the while the OS balloons as they reload and sell. That's why they are toxic. They drive good companies out of business while they feed off the carcass (the declining stock price) of a public company.

JMO