Thursday, October 05, 2023 5:19:46 PM
Just restating my post to give you an opportunity to provide a substantive argument instead of your normal trite nonsense.
NKLA has a market cap of $1.3b and IMO is in an ugly financial situation. I could see MULN going to $2b within the next year with no dilution, NASDAQ compliance and full speed production. That would put them at $12.50.
If MULN ever got to RIVN's market cap ($17b) their SP would be around $100. By the way, RIVN claims they're on track to build 52,000 vehicles in 2023. MULN's Mishawaka factory, if it ever gets running, can produce 50,000 vehicles a year. The comparison isn't completely ridiculous.
To reach $400 MULN would have to reach a market cap of ~$70b. That's 1/10 of Tesla's MC.
Now, here’s your chance to respond with something worth writing for once in your life.
NKLA has a market cap of $1.3b and IMO is in an ugly financial situation. I could see MULN going to $2b within the next year with no dilution, NASDAQ compliance and full speed production. That would put them at $12.50.
If MULN ever got to RIVN's market cap ($17b) their SP would be around $100. By the way, RIVN claims they're on track to build 52,000 vehicles in 2023. MULN's Mishawaka factory, if it ever gets running, can produce 50,000 vehicles a year. The comparison isn't completely ridiculous.
To reach $400 MULN would have to reach a market cap of ~$70b. That's 1/10 of Tesla's MC.
Now, here’s your chance to respond with something worth writing for once in your life.
Recent BINI News
- Form SCHEDULE 13D - General Statement of Acquisition of Beneficial Ownership • Edgar (US Regulatory) • 10/15/2025 11:15:37 PM
- Activist Investor Takes 9.99% Stake in Bollinger Innovations, Inc. Asks CEO to Maintain Nasdaq Listing, Seeks 50% of Shares and Board Control Via Tender Offer at 55% Premium Now or to Seek Board Seat; and to Propose Dividend, Bring New Funding Source Strat • GlobeNewswire Inc. • 10/10/2025 04:33:15 PM
- Bollinger Innovations Announces Move to OTC Markets Effective Monday, Oct. 13, 2025 • GlobeNewswire Inc. • 10/09/2025 09:00:00 PM
- Bollinger Innovations Signs Agreement with Ariel Fleet Holdings to Provide FedEx ISPs, Advanced Logistics Systems and Springbok Holdings with 34 Commercial EVs for Last Mile Deliveries • GlobeNewswire Inc. • 10/02/2025 12:45:00 PM
- Bollinger Innovations Receives $1,074,035 for Vehicles Sold in August 2025; Company Continues Sales Momentum and Improves Cash Flow • GlobeNewswire Inc. • 09/18/2025 01:15:00 PM
- Bollinger Innovations, Inc. Announces Reverse Stock Split Effective Sept. 22, 2025 • GlobeNewswire Inc. • 09/18/2025 12:55:00 PM
- Bollinger Innovations Takes Further Cost Cutting Actions Resulting in Reducing Its Quarterly Cash Burn from $21.2M to $8.9M; a 58% Quarterly Decrease • GlobeNewswire Inc. • 09/15/2025 12:45:00 PM
- Bollinger Motors Announces 30 Unit Vehicle Sale to Ziegler and Range Truck Groups, DB Schenker and Larsen Enterprises • GlobeNewswire Inc. • 09/04/2025 01:10:00 PM
- Bollinger Motors Adds Ziegler Truck Group, Range Truck Group to National Sales and Service Network • GlobeNewswire Inc. • 09/02/2025 01:15:00 PM
- Bollinger Innovations Announces Additional Cost Cutting Measures • GlobeNewswire Inc. • 09/02/2025 12:30:00 PM
- Bollinger Innovations, Inc. Announces Quarterly Results for 3 and 9 Months Ended June 30, 2025 • GlobeNewswire Inc. • 08/14/2025 08:00:00 PM
- BOLLINGER INNOVATIONS OFFERS $7,500 PRICE ADJUSTMENT ON MULLEN BRANDED CLASS 1, CLASS 3 COMMERCIAL EVs; MATCHES FEDERAL INCENTIVE • GlobeNewswire Inc. • 08/06/2025 01:25:00 PM
- Bollinger Innovations, Inc. Announces Reverse Stock Split Effective Aug. 4, 2025 • GlobeNewswire Inc. • 07/31/2025 01:00:00 PM
- Bollinger Innovations Strengthens Balance Sheet by Eliminating all Warrants and $25.3 Million of Convertible Notes • GlobeNewswire Inc. • 07/29/2025 12:45:00 PM
- Mullen Automotive Inc. Changes Name to Bollinger Innovations, Inc. Effective Today • GlobeNewswire Inc. • 07/28/2025 01:30:00 PM
