Mullen Automotive Inc (MULN)

[snakess]

scary situation
5 year high $400.00 now $1
the preferred D is toxic endless stock and warrant issue as low as .30 and bottom of .10 read 10Q
sleazy management and ex con for security violations
even though they have around $85 m in cash , no rev! even if they really start production they are going to dilute huge
the reverse did not reverse the authorized
10Q filing 172 million shs ,but 100s of million warrants from the preferred D
the R3000 could easily give the boot- more selling
many lawsuits
many EV cars and they all need money-the majors will survive,but look at nkla,solo, ride,psny, nio, lcid, muln
lcid is most likely the survivor because Saudi owns 61% with endless money
would not be surprised in SEC,NASDAQ,FINRA have their eyeballs on this horror
OF course huge short squeeze coming
i would run