$Mullen Automotive (MULN.US)$ they are capable of reversing...
$Mullen Automotive (MULN.US)$ they are capable of reversing split 1000 Xs. there's no law saying a company can not. Good Luck guys
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71679942 : Are you sure?
“(iv) Excessive Reverse Stock Splits
Notwithstanding the foregoing, if a Company’s security fails to meet the continued listing requirement for minimum bid price and the Company has effected one or more reverse stock splits over the prior two-year period with a cumulative ratio of 250 shares or more to one, then the Company shall not be eligible for any compliance period specified in this Rule 5810(c)(3)(A) and the Listing Qualifications Department shall issue a Staff Delisting Determination under Rule 5810 with respect to that security.”
Source:
Nasdaq Listing Center
365bullOP 71679942: reverse before below 10 cents or 10 days later.