Bollinger Innovations Inc (BINI)

[I-Glow]

Mullen did a 1:25 reverse split in May - if Mullen does a 1:10 reverse split that will be a 1:250 and that wouldn't be Nasdaq compliant.

"However, pursuant to Listing Rule 5810(c)(3)(A)(iv), if a Company’s security fails to meet the continued listing requirement for minimum bid price and the Company has effected one or more reverse stock splits over the prior two-year period with a cumulative ratio of 250 shares or more to one, then the Company shall not be eligible for a 180-day compliance period and the Listing Qualifications Department shall issue a Staff Delisting Determination."

The 1:100 reverse split would cause Delisting from Nasdaq.

It seems as though Mullen is going to be delisted.

IG