$Mullen Automotive (MULN.US)$ huge in flow and price still d...
$Mullen Automotive(MULN.US$ huge in flow and price still drops? the stock market make no sence to me
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GreenDay : No one wants to hold without having any idea of how many shares are available for dilution.
aggie1981 : shorts?
MrWittmanOP GreenDay: Man if they were to dilute after diluting the shit out of it and then doing a reverse split that would be fukt up that wording in that 8k was a little scary they should clarify that. it’s like they don’t care about their investors
Super Noob : Hopefully it will rocket when we least expect it…
MULLIENAIRE GreenDay: Amount of shares available for dilution never changed after RS. They can dilute up to 1.2 billion more shares, any more than that would require shareholder vote.
mikem85 MULLIENAIRE: my understanding is yes, they can still dilute but not 1.2 billion as it also would have been affected by rs. It would be 60 mill...IMO
mikem85 MULLIENAIRE: or a little less like 48mill. not big numbers currently