Bollinger Innovations Inc (BINI)

[B RY]

Updated: I believe the dilution is from private equity companies who have loan agreements with MULN using restricted shares as collateral. Once the share agreement hits it's expiration date the shares then become unrestricted and part of the float. That factor accounts for consistent float increases. This is share structure 101 that most already know. Most private equity companies prefer to sell unrestricted shares early and often. Their reasoning is valid. They have many decisions to make and can do better handling the money than holding stocks. The decision to sell has nothing to do with the stock itself. It's simply a protocal to sell the stock immediately upon it's unrestricted status. The ceo can plead with them not to sell immediately, but ultimately it's out of their hands. I posted much of this info last friday as it appeared the unrestricted shares being sold were at an end. Apparently newly unrestricted shares started again monday. That is a common strategy used by ceo's. By obtaining loans back to back newly unrestricted share selling begins shortly after the last contracted ones finished. David understands this strategy/game very well as he mastered it with Primco. Primco was a dead horse and therefore had to get delisted due to it's poor/non existent business model. That is why many retail traders, and for good reason, do not trust david. My main trust is with Robert Bollinger and his design engineering experience and passion to growing Bollinger motors. I believe david found the teamwork necessary to build MULN's future. David is the dilution king that understands how to finance company growth. He needed design engineers to build Mullen automotive, so he hired them and they won best SUV EV in the 2021 auto show. With Bollinger motors he only needed to invest as Robert Bollinger knows exactly what he is doing. I am still sitting on the sidelines eating popcorn watching MULN to see what happens next. I would still like to purchase a Bollinger for ranch/off road use and a Mullen Five for city use. I am fine with my current Ford expedition, but gas prices do not appear to be going down and it's usually around $1,000 whenever it goes into the shop for any repairs. Most people I talk to say the same thing. I think it is a uniform pre planned cost industry wide and people are tired of that game repair centers are playing. It will be interesting to see what typical EV repairs will be and the costs associated. Until something good happens I'll be munchin on popcorn waiting patiently.