Mullen Automotive Inc (MULN)

[B RY]

I think it would be a fun MULN exercise/game for those that reading filings and wants to participate to post your favorite paragraph in the Schedule 14A posted by MULN today just for educational entertainment value. We're all onto david's antics. I personally find david quite entertaining as he does his job well. As a ceo his main job/priority is to raise capital. He does that quite well and my hat is off to him. I think david and joe would make good golfing buddies if they had reason to have a conversation. I don't believe that is in the cards though. They both do/did well with the companies they involved themselves with. Our jobs as stock traders is learn to spot red flags early and often to minimize losses and increase our gains. Hopefully david finds my antics as entertaining as I find his antics. Now on to my favorite paragraph:

"If, during restricted period, the Company effects a subsequent financing, including the issuance of options and convertible securities, any Common Stock, issued or sold or deemed to have been issued or sold for a consideration per share less than a price equal to the current conversion price of the Notes or exercise price of the Warrants (a “Dilutive Issuance”), then immediately after such issuance, the conversion price or exercise price, as applicable, will be reduced (and in no event increased) to the price per share as determined in accordance with the following formula:"