Replies to post #45416 on Mullen Automotive Inc (MULN)

[Saving Grace]

Michery is a used car salesman, spewing BullShit
with a mouthful of samples.

When Mullen Automotive (NASDAQ:MULN) released its Q1 results on Feb. 14, traditional investors might have felt a pang of despair. The zero-revenue electric vehicle firm lost another $376 million in a single quarter — an impressive feat for a firm worth only $400 million on public markets. Corporate governance watchdogs would have also balked. CEO David Michery and other officers were awarded $36 million in stock compensation for that performance — an incredible payday for a firm that has yet to build a single production vehicle of its own.