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Re: None

Tuesday, 08/22/2023 3:40:18 PM

Tuesday, August 22, 2023 3:40:18 PM

Post# of 70835
I doubt if there is anyone who understood what happened today, here is the explanation: 82 million shares were not distributed! They were only registered, therefore there was no dilution and DM did not sell anything. Employees will receive a bonus in shares only if they meet milestones such as:
REVENUE BENCHMARK MILESTONES. For each $25 Million of revenue recognized by the Company (each a "Revenue Tranche"), and subject to an aggregate maximum of recognized revenue of $250 Million between the Date of Grant and the end of December 2025, the Company will issue to Participant a number of shares of Common Stock equal to 1% of Mullen's then-current total issued and outstanding shares of Common Stock as of the date a Revenue Tranche is achievedNow I understand and I'm buying
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