Mullen Automotive Inc (MULN)

[B RY]

Loan terms aren't a problem imo. To my understanding most penny stocks use deeply discounted(aka the incentive) shares as collateral, then default on the loan. Once the collateral shares hit the restricted expiration date and become unrestricted they are then sold asap by the loan company. They make far more selling the discounted shares than the value of the loan. When I say discounted shares I mean approximately one to ten cents on the dollar to account for a deep falling stock price. A wonderful stock like MULN they probably account for a 99..9999% drop in price, lol. Toxic lenders are not in business to lose money and they know exactly how to structure their financing terms heavily to their advantage. That is why the consistent share structure increase in the penny stock world is so vital to the continuance cycle of toxic loans. Continual sexy pr's to bring in new buyers and create a market for the lenders to sell stock into is simply an unwritten rule for ceo's to follow imo if they want to continue to do business with the same lenders. That is why I've said numberous times kudo's to david for doing a great job of creating a nice retirement positioning. I could be wrong, but I do not believe he left any stones unturned for lawsuits against him to be successful. Time will tell. I've posted red flags imo for over a year now. As I believe it was kevin o'leary years ago said about tesla...love the cars, but hate the stock. I have felt the same about MULN. That's just my two cents. If I am wrong about my theory in this post, I believe tenkay and I-glow have educational backgrounds in accounting and will correct my theory and it would be appreciated. Glta and as I've said before...MULN is a soap opera, not an investment. Just for kicks I'll post this wonderfully insighful twitter post again.