Replies to post #58400 on Mullen Automotive Inc (MULN)

[I-Glow]

That is nothing in the EV sector.

Lucid has as of March 2023 has cash and cash equivalents of $2.97B.

So Mullen has 8.5% of cash and cash equivalents of Lucid.

Mullen is headed for Bankruptcy just like Lordstown and they actually produced a EV truck - although recalled.

Mullen hasn't done anything but issue press releases.

IG

[seaybiscuit]

So! What is your point? It will never stop the shorting that is running this into the ground! Then MULN will do what they ALL do, reverse split to wipe out all the legitimate investors and they will start all over again!

[TenKay]

Yes…and to get there it has diluted the stock causing a >99% drop in the stock price over the last year…

But that’s Ok, Mark has enriched himself over $10 million by selling stock well before the dilution kicked in.

That cash will last them about 10 months before he will need more.

[stock1ace1]

Co. Sells shares looks like thats it and fluffy PRs ..

[player1234]

Too funny. On the 3 billion shares that will be outstanding very shortly, that's a whole 7 cents per share. That's the bottom for right now before the HUGE monthly burn of cash that will soon be gone

[BottomBounce]

$23.00 Target by yahoo finance $MULN 1 yr