Replies to post #51509 on Mullen Automotive Inc (MULN)

[Dragon Lady]

MULN: LIKELY WILL BE NASDAQ DE-LISTED SOON !!

"THE NASDAQ" has the right to DE-LIST a company for ANY REASON THEY SEE FIT as they run and operate THEIR EXCHANGE the way they see fit and can protect their reputation, that of the exchange, etc.

What I see playing-out here in 6 months or less is :

1) MULN-a-CON 1 for 25 WILL NOT GET THIS POS high enough to sustain a $buck a share as it's an easy QUICK SHORT target + their gutter lenders will be DUMPING and SHORT STRADDLING toxic warrants = SUB ONE $BUCK VERY QUICKLY

2) THEY WILL BE DUMPED OFF THE RUSSELL = MASSIVE SELLING + DUMPING

3) THEN they will be INVESTIGATED FOR ILLEGAL PROMOTION and PUMPING aka the BIGGY HARDGE FRAUD + "other" scams n cons too many to count perped by DIRTY DAVE in the past 12 months

4) They will need ANOTHER REVERSE SPLIT and/or will be IN FAILURE TO COMPLY TERRITORY per market price AGAIN and very rapidly and very soon = BLACK MARK BY NASDAQ !
The NASAQ lists too many reverse splits done too closely together is "JUST CAUSE" to be revoked and DE-LISTED = MULN-a-CON IN SPADES !!

At that point THE NASDAQ has all they need to kick the POS OFF THE LISTED EXCHANGE and straight to the POS OTC PINKS.....

LISTED EXCHANGED ARE VERY PROTECTIVE OF THEIR REPUTATIONS - and this scam crap MULN-a-CON has been pulling and ESPECIALLY when they jumped the crime shark and put BIGGY HARDGE "ON THE PAYROLL" as a paid ex-con 100% TOTAL SCAM PROMOTER.....

AND pumped the CRIME FRAUD OF "A $10 BILLION SAUDI SCAM DEAL" that will never ever ever be heard about again - is what gives the NASDAQ all they need to revoke this POS off their exchange....easily.....they need give NO REASON as to why they choose to boot companies who "FAIL TO MEET THE STANDARDS OF OUR MARKET PLACE" blah blah.....

MULN-a-CON GOES "PINK SHEETS" before the next 6 months aka by approx Late OCT at the latest....YOU READ IT HERE FIRST KIDS.....take it to the bank...:))

INDICTMENTS WILL FLY IMO ("civil regulatory" for sure and possibly criminal by DOJ "working for" THE SEC ) - and add CHA-CHA on TWATTER and "INVESTMENT JOURNEY" aka "CAL" of Canada...aka YouTube crime pumpage gutter promoter... to the PAID PROMOTERS OF THIS FRAUD to get indicted per my prediction(s)....and likely a few "others" I won't name yet + DIRTY DAVE and BIGGY HARDGE of course....!!

https://www.vicksburgpost.com/2001/08/29/city-man-pleads-guilty-to-securities-laws-violations/

[idowonder]

Finnaly someone who understands shorting of a stock. You are absolutly correct, it has no power to beat anything down.

cheers

[Threeflight]

I am sure there was some shorting but the large majority of selling pressure came from the massive dilution. I mean 200 M to 4 Billion in a little under a year I believe? When you have convertible debt financing pounding a stock like that it is hard to ever recover. And I am sure that some of the debt financiers were shorting it short term.

All they had to do was short it and then cover lower with the more and more shares they get at lower and lower prices as it steadily falls. They get paid twice that way. Once when they sell to short and then the profit they take between the sell and the cover.