Bollinger Innovations Inc (BINI)

[player1234]

You may want to read the details of the "firm order" that really isn't

Think about it, all those "investors" who dumped their shares a short time ago would have held onto them if they thought that deal was the real thing. They didn't.

There is no obligation to sell a single vehicle and all vehicles can be returned; not to mention the myriad of cancellation options

" Repurchase of Vehicles. DEALER will endeavor, to the extent practicable considering all relevant factors, to sale and deliver all MULLEN Products and services that are ordered by the DEALER. At Dealer’s discretion, any new products (less than 500 miles) not sold by Dealer after a period of twelve months can be returned to MULLEN at original pricing.

(a) Any new, unused, never titled, undamaged Vehicles with less than 500 miles, then unsold in Buyer's inventory. The prices of such Vehicles shall be the same as those at which they were originally purchased by Buyer, less all prior refunds or other allowances, if any, made by MULLEN to Buyer with respect thereto."

https://www.sec.gov/Archives/edgar/data/1499961/000110465922127222/tm2232780d1_ex10-1.htm

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