Replies to post #69991 on Mullen Automotive Inc (MULN)

[SILVERSURFER4263]

how the SEC and NASDAQ doesnt see it is mind boggling

[TenKay]

Michery is going to have to raise another $150 million at the very least in 2024.

With the market cap hovering around $70 million at times there is only one way the stock price can go this year with that dilution and it is down.

Another 90% drop is likely from the dilution alone.

If he runs out of sources of cash, this thing will implode quickly.