Mullen Automotive Inc (MULN): There would not have been a sales pitch...

Reply Private New

Replies (2) Next 10 Prev Next

Send PM Follow Ignore

Followers	400
Posts	48611
Boards Moderated	0
Alias Born	06/20/2011

TenKay

Re: SILVERSURFER4263 post# 67622

Tuesday, 10/31/2023 5:34:54 PM

Tuesday, October 31, 2023 5:34:54 PM

There would not have been a sales pitch to Nasdaq. They could not care less about the “business”. It’s about numbers, their “rules” and precedent.

And MULN never did an “IPO”. It was a reverse merger. I don’t believe there was ever an underwritten offering.

The “deal” he did was the Pref D with his financiers…and that resulted in MASSIVE dilution driving the stock into the ground exactly as I said it would well over a year ago.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=169132836

I never thought they would get to $250 million but shame on me for not believing he would be willing to drive the stock price down >99.9% to do so.

1) Do I own stock?
Answer: No. I don’t invest in penny stocks.
2) Why am I here?
Answer: I like debating things that I have a 95% chance of being right about.
3) Am I a paid basher?
Answer: Wait…what? You can get paid for this?