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Post# of 70943
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double_m

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double_m

Re: BottomBounce post# 40297

Tuesday, 12/20/2022 1:58:46 PM

Tuesday, December 20, 2022 1:58:46 PM

Post# of 70943
Why would any company do a reverse split? The only way (right now) to get the funding that WE ALL KNOW these EV companies NEED to keep operating is to take on dilutive funding. Mullen isn't Lucid who is in bed with the Saudis. In order to have enough OS available to absorb debt conversion when it happens, they have to a high enough AS.

It's either decrease the OS or increase the AS. That's why if you read the 14A, you'll see all of the 'ifs' that are inserted in the filing.
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