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Re: DewmBoom post# 65480

Wednesday, 09/06/2023 11:30:08 AM

Wednesday, September 06, 2023 11:30:08 AM

Post# of 76711
How can you say that Mullen won't be delisted? I understand that Mullen can file an appeal but Nasdaq has given Mullen given one chance to become compliant and they didn't after 2 reverse splits.

From Nasdaq according to Mullen:

"The Company was noticed by Nasdaq on March 7, 2023, which stated in part that “If compliance cannot be demonstrated by September 5, 2023, Staff will provide written notification that the Company’s securities will be delisted. At that time, the Company may appeal Staff’s determination to a Hearings Panel.”"

Nasdaq allows a 1:250 reverse split in 2 years - Mullen has a combined reverse split of 1:225 which has devastated most shareholders with the price down 99% from it's high. So how exactly did you profit from Mullen?

IG

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