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TenKay

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TenKay

Re: ezyE post# 70493

Friday, 03/01/2024 4:12:02 PM

Friday, March 01, 2024 4:12:02 PM

Post# of 72816
Mullen has $40 million left in the bank. Michery is burning through $20 million a month.

None of the vehicles are actually selling.

He said he was doing a financing in Feb….it is now March 1 and nothing.

He needs to raise 3-4x the market cap of the company in order to keep going through the end of the year.

His only option is dilution…and that amount will kill the stock price yet again.

The numbers are what they are.

You can’t argue against them.

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?

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