Replies to post #65480 on Bollinger Innovations Inc (BINI)

[Moonboy1]

Going to stinky pinky and trips in my opinion. Just watch. This CEO could care less about electric vehicles. It's just a scheme to sell shares of stock. They've spent over $31,000,000 in the past year on administrative costs and refused to answer why on Bloomberg the other day. A company that has no real revenue that is supposed to be trying to grow spent $31,000,000 on payroll for a few managers haha. I'll stick with the GOAT Elon

[I-Glow]

How can you say that Mullen won't be delisted? I understand that Mullen can file an appeal but Nasdaq has given Mullen given one chance to become compliant and they didn't after 2 reverse splits.

From Nasdaq according to Mullen:

"The Company was noticed by Nasdaq on March 7, 2023, which stated in part that “If compliance cannot be demonstrated by September 5, 2023, Staff will provide written notification that the Company’s securities will be delisted. At that time, the Company may appeal Staff’s determination to a Hearings Panel.”"

Nasdaq allows a 1:250 reverse split in 2 years - Mullen has a combined reverse split of 1:225 which has devastated most shareholders with the price down 99% from it's high. So how exactly did you profit from Mullen?

IG

[I-Glow]

Nasdaq has already given Mullen an 180 day extension to become compliant. And after 2 reverse splits Mullen still isn't at $1.

Why do say it isn't true that Mullen will be delisted - that sounds more like pinkyland wishful thinking because Mullen will be a pinky.

"After above date, the hearing panel could grant another 180 days extension"

The Chace of getting another 180 extension to become compliant is close to Zero - especially after 2 reverse splits.

IG