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Re: TenKay post# 62956

Friday, 08/11/2023 10:40:37 AM

Friday, August 11, 2023 10:40:37 AM

Post# of 71124
Sure, a 1:10 or higher ratio would've provided more of a buffer, but then no more reverse/splits could be utilized to counter the crooks that illegally short-and-distort this stock. Even a 1:100 ratio couldn't scaffold the PPS for long while under so much selling pressure. Don't get me wrong, I love shorties; they assume all of the risk through illegal practices while banging prices down for longs to capitalize on. Also, they do well in promoting skepticism and exposing fraudulent activity, albeit while being frauds themselves. To that end regarding $MULN, DM needs to put up or shut up. No more gimmicks (black boxes) or lip service. What's necessary moving forward is undeniable proof of legitimate production, transparency through consistent PRs, and the prudent handling of any revenue generated. Even then, it might not be enough to avoid a delisting since the SEC could require more than 20 consecutive days of closing at $1+.
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