Replies to post #71176 on Mullen Automotive Inc (MULN)

[Wayne R]

The 8K gave me a headache.

As far as I can tell it is to procect some shareholder in the event of liquidation. I guess they are getting prepared for the inevitable future.

[power11]

8K IS A DISATER; WE'RE HEADING DOWN AGAIN TO BELOW 1 IMO

[B RY]

"Mullen Automotive, Inc. (NasdaqCM:MULN) institutional ownership structure shows current positions in the company by institutions and funds, as well as latest changes in position size. Major shareholders can include individual investors, mutual funds, hedge funds, or institutions. The Schedule 13D indicates that the investor holds (or held) more than 5% of the company and intends (or intended) to actively pursue a change in business strategy. Schedule 13G indicates a passive investment of over 5%.

The share price as of June 7, 2024 is 2.86 / share. Previously, on June 8, 2023, the share price was 421.20 / share. This represents a decline of 99.32% over that period."

$421 last year obviously accounted for most recent reverse splits, lol. Wake me up when MULN's decline reaches 99.99999%. This soap opera got too old and became a snoring festival.