That's hilarious. Michery paid 148 million to acquire Bollinger. When the quarterly financial report came out it stated that the assets of Bollinger are worth less than one million.
"Mullen Automotive Inc. (the “Company”) is unable to timely file its Annual Report on Form 10-K for the fiscal year ended September 30, 2022 without unreasonable effort or expense because it is awaiting a final valuation of certain of the Company’s warrants to complete the preparation of its consolidated financial statements. The Company has engaged an independent third party to perform that valuation, the outcome of which could have an impact on the consolidated results of operations."