Replies to post #68290 on Mullen Automotive Inc (MULN)

[Wayne R]

They would need over $1 Billion to actually get them into production.

Simple math, reverse split, issue more shares and VOILA! A billion $.

Where's the problem?

[Jagman5]

Nah. They won't need near that much money. You are thinking of a volume production line like GM or Ford would install. Mullen won't start out that big. Their factory in Mishawaka is fully capable of producing the 5,000-10,000 per year they'll need. They will have to spend some money to tool up the body panels, unibody, and interior pieces, however. They can buy the rest of the parts.

$MULN