From Hindenburg:
"Mullen’s Founder, Chairman and CEO, David Michery led 5 failed penny stock companies prior to Mullen. Two had their securities registrations revoked by the SEC, two terminated their securities registrations, and the last one merged with a speculative gold mining company.
Michery merged one of his prior entities as part of a 3-way deal with an individual who was later charged with criminal securities fraud and sentenced to 30 years in prison. Prosecutors alleged that the merger deal involving Michery’s prior company was part of the scheme."
Michery has engaged in fraud by issuing fraud by issuing false and misleading information information in press releases.
Michery is serial scammer - just in the last reverse split those that shorted Mullen made a 72% profit while those that bought after the split have lost more money.
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