Please understand what the market cap valuation of this stock will be once this additional 520 million shares hits the float. That would mean that over 1 billion shares would be in the OS
Are you seriously trying to say that Mullen Automotive deserves to have a $1 billion dollar market cap for a startup EV company with 2 prototype vehicles in inventory and zero capacity to manufacture the Mullen 5 until 3 years from now?
Does anyone even know if the float is still the same size? If the shares from the a/s increase hits the outstanding shares I highly doubt the float will still be 524 mil shares. Someone needs to check it or keep an eye on it.