$Mullen Automotive (MULN.US)$ okayyy more orders coming in b...

知足不能常乐 : If the bears are not squeezed in the short term and there is a sharp increase, it is estimated that a reverse split is inevitable

M1ck : You can go vote to go against the reverse split. If they do hopefully it’s the 1 for 2 not the 1 for 100

FANCY PANTS M1ck: 1 FOR 2 ACCOMPLISHES NOTHING AND STILL KEEPS THEM OUT OF COMPLIANCE, WHICH LEADS TO DELISTING.

RETAIL VOTE DOESNT MATTER THOUGH. THE CEO HAS 30% VOTING POWER AND THATS NOT EVEN INCLUDING THE OTHER BOARD MEMBERS/INSIDERS.

M1ck FANCY PANTS: Eh depends because if it can go up to at least .5-.8 before the deadline then they wouldn’t have to do 1 for 100. 1 for 2 would only be necessary. Which is possible because they have a while before it gets delisted.  I know retail doesn’t matter I’ve seen like 20 people say the same thing

FANCY PANTS M1ck: THEY DONT REALLY HAVE THAT MUCH TIME TBH

ALSO, THEYD WANT TO GO ABOVE THE BARE MINIMUM OF $1 BECAUSE THEY CANT DO ANOTHER R/S FOR A WHILE.

ALSO, DAVID WANTS TO RELEASE ALL THOSE APPROVED SHARES INTO THE WILD TO MAKE MORE MONEY FOR HIMSELF VIA DILUTION

I DO THINK THERE WILL BE ANOTHER PUMP BEFORE THE R/S DEADLINE, BUT AFTER THAT THIS STOCK IS DONE-ZO

M1ck FANCY PANTS: They have till September 5th then they are doing the reverse split so it’s not being delisted they can do another RS then

FANCY PANTS M1ck: YES, BUT AFTER THE 1:2/10/100 REVERSE SPLIT BY SEPT. 5TH, THEY CAN NO LONGER DO ANOTHER FOR QUITE SOME TIME (DONT REMEMBER EXACT STATS OFF TOP OF HEAD)

THUS THEY WOULD NEED A LOFTY RATIO TO STAY AFLOAT DURING THAT TIME BEFORE ISSUING ANOTHER

M1ck FANCY PANTS: Actually no limits on RS they can as long as they pay 15,000 for the application fee and follow some rules they don’t have to wait that long they can do as many as they want

M1ck FANCY PANTS: They’d just get another 180 days after keeping it up for 10 days-15 days

FANCY PANTS M1ck: