Mullen Automotive Inc (MULN)

[Charlie V]

4th Quarter 2022 per Benzinga Interview...

2:15:44
this april which is coming up in a matter of days we're going to submit an amended our new application to the
2:15:50
united states department of energy and then we will be visiting uh capitol hill and we will be pushing
2:15:56
that initiative and we believe we can get to what we call a substantially complete application which
2:16:02
means that the united states department of energy is obligated to go on the road with us to raise the additional capital
2:16:08
we need in order to fulfill our entire plan which is building out 1.3 million
2:16:14
of additional square footage of body shop paint shop and expanded general assembly at our current facility
2:16:21
which is 100 acres in tunica mississippi so we're going to expand that in multiple phases
2:16:27
that plan we believe will will get to a substantially complete by june
2:16:33
then we would get to what they call conditional uh commitment for funding which we believe
2:16:39
will be in the fourth quarter which means that's the united states treasury when they fund
2:16:44
and so from that perspective um we've been working on this for quite some time it started back in 19 and it continues