Mullen Automotive Inc (MULN)

[downdraft]

Can't wait for decision time when the Border Patrol makes a decision about the Mullen products. Approval would give me great confidence to take more than just a starter position here. I have to gamble some funds in advance because if MULN gets wide Federal Govt. approval for their products, I could miss the boat if I don't have a least a handful of shares. I forget who posted about when that decision was expected but it sounded like a month or two away when I read it last week.

Those 3 new sales hires are very encouraging though. Sales types love working for companies that have products that can sell in abundance, and quickly. So why would experienced sales guys like that jump on board if they didn't see something great coming down the pipeline. Some of them might already have soft or firm commitments from existing customers of theirs from their previous work. It's a great sign from my perspective. It doesn't guarantee great sales but it certainly improves the odds of success by a huge amount.

That recent shareholder meeting did state very few recorded sales so far, several hundred thousand dollars I think, but if I was a potential government customer, I'd have to wait for government approval, and if I was a private sector customer, I'd want to know how much it would cost to upgrade to the solid state battery, and when I could get it.

But make no doubt about it - with 3 new sales guys on board, something substantial could be coming down the pipeline in short order! Waiting patiently before I jump in with both feet.