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Friday, April 28, 2023 9:20:48 AM
PR: DIRTY DAVE "INVESTIGATES" HIMSELF + GUTTER LENDERS !!!
The OLDEST CON in the OTC BOOK OF PENNY SCAM CONS - the ole "WE DUNN GOIN AFTER DEM DARE SHORTS....in FACTS IT BE DEM NAKED SHORTS AN WE'S DUNN GONNA GETS UM" Bwaaaa ha ha ha ha ha LMAO at DIRTY DAVE thee BIGGEST SHORT and DUMPER OF THIS POS CRIME SCENE.....!!!!!
https://www.globenewswire.com/news-release/2023/04/28/2657379/0/en/Mullen-Addresses-Concerns-Regarding-Recent-Stock-Performance.html
Bwaaaa ha ha ha ha "THE OLE CONCERNS for DEM SCREWED BLUE BAGHOLDERS" PR DIAPER LOAD OF DIRTY DAVE CRAP-SPEAK.......
Kids....lets GET THE FACTS OUT HERE.....THE GUTTER LENDERS + THE CEO are THEE BIGGEST SHORTS and SHARE DUMPERS OF THIS SCAM....and NOTHING ELSE exists as to WHY THE PRICE WENT TO THE GUTTER BASEMENT.....
2 Ba Ba BILLION SHARES DUMPED n DILUTED in under 60 days makes MULN-a-CRIME THEE SINGLE MOST DILUTED STOCK ON THE NASDAQ...PERIOD and END OF THE BAIT MORE PENNY MARKS "hook n con story" PR OF CRAP TODAY !!
DIRTY DAVE NEEDS TO DUMP and UNLOAD so the PR TODAY IS TO GOOSE THE PENNY MARKS back into HOPIUM CON MODE...AND and and FLOOD THE SOCIAL MEDIA TWATTER-FRAUD and TWIT-FRAUD CHANNELS w/ ENDLESS PUMPING OF THIS SCAM......
FACTS:
https://www.newsbreak.com/news/2903092566834-mullen-automotive-increases-authorized-common-stock-from-1-75-billion-shares-to-5-billion
QUOTE:
"Mullen Automotive Increases Authorized Common Stock From 1.75 Billion Shares to 5 Billion
By David Shultz,
2023-01-25
Jan 25 2023
In a virtual stockholder meeting today, EV hopeful Mullen Automotive announced that shareholders had approved a proposal to increase authorized common stock from 1.75 billion total shares up to 5 billion total shares.
Mullen had been expected to vote on the proposal a week ago, but cited two ongoing legal cases regarding the manner in which the company had issued stock during 2022 as reason for the delay. On Monday, the Court of Chancery Delaware ruled that Mullen’s decision to authorize more common stock on July 26th, 2022 was legitimate, effectively freeing the company to authorize more today.
At the very end of today’s virtual meeting, Mullen also indicated that even though the company had approved a reverse stock split last week, there were no immediate plans to execute it, suggesting that the dilution will come first. This order of operations would free up Mullen’s leadership to sell the new shares to generate cash in the short term while keeping the option to reverse split in their back pocket for use in the future.
Barring some unannounced change to the company’s fundamentals or business prospects, a reverse split will likely be the only way for Mullen to raise its share price north of $1, which is required to remain listed on the Nasdaq and the Russell 2000 Index.
There are two important dates to watch here. Mullen would be delisted from the Nasdaq on March 6, 2023 for failing to trade above $1, but the company can file for a 180 day extension at that time. Mullen faces delisting from the Russell 2000 on June 23rd, when all the Russell Indexes are reconstituted.
Whether Mullen can raise its share price organically in the meantime remains to be seen. The stock is down 90% in the last year, but had risen 16% (to $0.34/share) on the news of the increased volume of common stock.
"
VIRTUAL STOCKHOLDER MEETING + INSIDER RIGGED THE VOTE = THERE IS THE FRAUD....NOT some epic BULLSHIT "MYSTERY NAKED SHORTS" blah blah blah....
READ THEIR SHIT OFFERING - the who's who of GUTTER LENDERS WHO DUMPED 2 Ba Ba Ba BILLION SHARES IN LESS THAN THE PAST 60 days and is at 4 BILLION ISSUED AND DILUTED AND ABOUT TO BLOW-THROUGH 5 Ba Ba BILLION AND AND AND INSIDERS aka CEO CLOWN FAT MAN aka MAN BOOBS aka DIRTY DAVE was DUMPING SHARES ALllllllll the waaaay DOWN making $10's OF MILLIONS FOR HIMSELF....
MOREOVER - READ THEIR DAMN DILUTION OFFERING as it states "THE GUTTER LENDERS CAN AND WILL SHORT THE STOCK AS PART OF THIS OFFERING" blah blah sooooo is DIRTY DAVE "INVESTIGATING" ESOUSA and ACUAS and his OWN BOTTOM FEEDER DEATH SPIRAL CLOWN LENDERS" ?????????? WTF !!!
This POS DILUTION MILL CON just ran one of the DIRTIEST SCAM PUMPS aka BLACK-BOX-BATTERY-CON + FRAUD "SAUDI $10 BIL DEAL" in NASDAQ HISTORY - the only "INVESTIGATIONS" will be "THE SEC" + THE DOJ SENDING THIS POS CEO and HARDGE and the boys to CLUB FED LMAO !!!
https://www.vicksburgpost.com/2001/08/29/city-man-pleads-guilty-to-securities-laws-violations/
DECON 1 CRIME SCENE MINI PUMP "ATTEMPT" RED ALERT - this is NOT A DRILL !!!
MULN-a-FRAUD INITIATES MASSIVE MINI P&D "ATTEMPT" USING SCAMMARY PR OF "IT BE DEM SHORTS" aka GOING AFTER NEW PENNY MARKS TO DUPE...NOT A DRILL !!!
DIRTY DAVE SERVING UP da BULLSHIT to PUMP THE CON....:)))
The OLDEST CON in the OTC BOOK OF PENNY SCAM CONS - the ole "WE DUNN GOIN AFTER DEM DARE SHORTS....in FACTS IT BE DEM NAKED SHORTS AN WE'S DUNN GONNA GETS UM" Bwaaaa ha ha ha ha ha LMAO at DIRTY DAVE thee BIGGEST SHORT and DUMPER OF THIS POS CRIME SCENE.....!!!!!
https://www.globenewswire.com/news-release/2023/04/28/2657379/0/en/Mullen-Addresses-Concerns-Regarding-Recent-Stock-Performance.html
Bwaaaa ha ha ha ha "THE OLE CONCERNS for DEM SCREWED BLUE BAGHOLDERS" PR DIAPER LOAD OF DIRTY DAVE CRAP-SPEAK.......
Kids....lets GET THE FACTS OUT HERE.....THE GUTTER LENDERS + THE CEO are THEE BIGGEST SHORTS and SHARE DUMPERS OF THIS SCAM....and NOTHING ELSE exists as to WHY THE PRICE WENT TO THE GUTTER BASEMENT.....
2 Ba Ba BILLION SHARES DUMPED n DILUTED in under 60 days makes MULN-a-CRIME THEE SINGLE MOST DILUTED STOCK ON THE NASDAQ...PERIOD and END OF THE BAIT MORE PENNY MARKS "hook n con story" PR OF CRAP TODAY !!
DIRTY DAVE NEEDS TO DUMP and UNLOAD so the PR TODAY IS TO GOOSE THE PENNY MARKS back into HOPIUM CON MODE...AND and and FLOOD THE SOCIAL MEDIA TWATTER-FRAUD and TWIT-FRAUD CHANNELS w/ ENDLESS PUMPING OF THIS SCAM......
FACTS:
https://www.newsbreak.com/news/2903092566834-mullen-automotive-increases-authorized-common-stock-from-1-75-billion-shares-to-5-billion
QUOTE:
"Mullen Automotive Increases Authorized Common Stock From 1.75 Billion Shares to 5 Billion
By David Shultz,
2023-01-25
Jan 25 2023
In a virtual stockholder meeting today, EV hopeful Mullen Automotive announced that shareholders had approved a proposal to increase authorized common stock from 1.75 billion total shares up to 5 billion total shares.
Mullen had been expected to vote on the proposal a week ago, but cited two ongoing legal cases regarding the manner in which the company had issued stock during 2022 as reason for the delay. On Monday, the Court of Chancery Delaware ruled that Mullen’s decision to authorize more common stock on July 26th, 2022 was legitimate, effectively freeing the company to authorize more today.
At the very end of today’s virtual meeting, Mullen also indicated that even though the company had approved a reverse stock split last week, there were no immediate plans to execute it, suggesting that the dilution will come first. This order of operations would free up Mullen’s leadership to sell the new shares to generate cash in the short term while keeping the option to reverse split in their back pocket for use in the future.
Barring some unannounced change to the company’s fundamentals or business prospects, a reverse split will likely be the only way for Mullen to raise its share price north of $1, which is required to remain listed on the Nasdaq and the Russell 2000 Index.
There are two important dates to watch here. Mullen would be delisted from the Nasdaq on March 6, 2023 for failing to trade above $1, but the company can file for a 180 day extension at that time. Mullen faces delisting from the Russell 2000 on June 23rd, when all the Russell Indexes are reconstituted.
Whether Mullen can raise its share price organically in the meantime remains to be seen. The stock is down 90% in the last year, but had risen 16% (to $0.34/share) on the news of the increased volume of common stock.
"
VIRTUAL STOCKHOLDER MEETING + INSIDER RIGGED THE VOTE = THERE IS THE FRAUD....NOT some epic BULLSHIT "MYSTERY NAKED SHORTS" blah blah blah....
READ THEIR SHIT OFFERING - the who's who of GUTTER LENDERS WHO DUMPED 2 Ba Ba Ba BILLION SHARES IN LESS THAN THE PAST 60 days and is at 4 BILLION ISSUED AND DILUTED AND ABOUT TO BLOW-THROUGH 5 Ba Ba BILLION AND AND AND INSIDERS aka CEO CLOWN FAT MAN aka MAN BOOBS aka DIRTY DAVE was DUMPING SHARES ALllllllll the waaaay DOWN making $10's OF MILLIONS FOR HIMSELF....
MOREOVER - READ THEIR DAMN DILUTION OFFERING as it states "THE GUTTER LENDERS CAN AND WILL SHORT THE STOCK AS PART OF THIS OFFERING" blah blah sooooo is DIRTY DAVE "INVESTIGATING" ESOUSA and ACUAS and his OWN BOTTOM FEEDER DEATH SPIRAL CLOWN LENDERS" ?????????? WTF !!!
This POS DILUTION MILL CON just ran one of the DIRTIEST SCAM PUMPS aka BLACK-BOX-BATTERY-CON + FRAUD "SAUDI $10 BIL DEAL" in NASDAQ HISTORY - the only "INVESTIGATIONS" will be "THE SEC" + THE DOJ SENDING THIS POS CEO and HARDGE and the boys to CLUB FED LMAO !!!
https://www.vicksburgpost.com/2001/08/29/city-man-pleads-guilty-to-securities-laws-violations/
DECON 1 CRIME SCENE MINI PUMP "ATTEMPT" RED ALERT - this is NOT A DRILL !!!
MULN-a-FRAUD INITIATES MASSIVE MINI P&D "ATTEMPT" USING SCAMMARY PR OF "IT BE DEM SHORTS" aka GOING AFTER NEW PENNY MARKS TO DUPE...NOT A DRILL !!!
DIRTY DAVE SERVING UP da BULLSHIT to PUMP THE CON....:)))
Bearish
Posts contain only my amateur opinions, personal views and thoughts. I discuss stocks as a hobby only. Always do one's own due diligence before investing.
