Mullen Automotive Inc (MULN) 銘柄情報

Imagine if anyone had simply thrown a dart at a list of stocks, blind folded, two years ago, they would have made a better stock pick, or missed the list completely and be better off today than have run into this trash as an investment

maybe another reverse split ????? lol

MULN, new 52 week low

Wall Street seems to agree with you. Down she goes. Sad.

Nice news today, begging the government for 55 milion

At least, that is how I read it

Just more people losing even more money. Sad.

Yeah - you would think but that is obviously not the case. Sad.

Some people might get a clue after it is down 90% and try to preserve some capital

Actually you will eventually lose ALL of it. YOU REALLY JUST CAN'T FIX STUPID!!

It is bizarre...the only thing that is certain is that if your put money into MULN you will lose most of it.

This stock has lost the equivalent of 90% SEVEN TIMES OVER....there is no bottom. There never will be.

Just makes me SMH.

Fun to watch people being stupid and lose even more money. Oh well.

"sales" for Mullen means absolutely nothing. Somehow, over the years their "sales" have resulted in no revenue.

Cash burn is way down because they've stopped trying to import things and laid off many of their workers.

But hey, DM will still get a bonus

I would focus on those heavily subsidized Chinese trucks while it lasts. They will cut this shite out at the federal level soon. However, it is my hope is that the California taxpayer continues to get fleeced. The sooner California goes broke the better. Have to believe that investors will wise up sooner or later.


California Issues HVIP Approval, Granting Bollinger Motors, Class 4 EV Truck a $60,000 Cash Voucher Per Vehicle Sold
PR Newswire Mon, November 18, 2024
https://finance.yahoo.com/news/california-issues-hvip-approval-granting-143000965.html

Under HVIP, the Bollinger B4 electric truck, with a suggested MSRP of $158,758, now qualifies for a rebate of up to $60,000

When combined with the available $40,000 federal tax credit, the net effective cost of the Bollinger B4 would be less than $60,000

The primary reason they have been able to reduce the cash burn is they have slowed things down at Tunica significantly. The vans just aren't selling at any meaningful rate.

The daily press release is in. Hey, they aren't burning through your monthly trading losses quite as fast as they used to. That is good right? 🙄 Come on just one more reverse split should do it. Really, just one more. 😆 Watch those EV subsidies secured by more government borrowing dry up after January 20th. Especially for this tax payer subsidized, Chinese supplied EV maker.

Mullen Announces 100 Class 1 and Class 3 EV Shipments with Sales Totaling $5.5M Through Dec. 18, While Reducing Company Burn to $5.3M Monthly Compared to $16.8M in August 2024
December 18, 2024 09:20 ET | Source: Mullen Automotive, Inc.
https://www.globenewswire.com/news-release/2024/12/18/2999130/0/en/Mullen-Announces-100-Class-1-and-Class-3-EV-Shipments-with-Sales-Totaling-5-5M-Through-Dec-18-While-Reducing-Company-Burn-to-5-3M-Monthly-Compared-to-16-8M-in-August-2024.html
Company has reduced monthly burn from $16.8M in August 2024 to $11.8M in September 2024 and to $5.3M in October and November 2024

Soon. Good luck.

criminal f-ing enterprise here and the SEC and DOJ sleep....whens the next r/s?

MULN, new 52 week low

Yep - as they say STUPID IS AS STUPID DOES!!

It's not a scam. It was easy to see the truth and many people saw it.

What it is, is a trap for the stupid and gullible. Nothing more, nothing less

Darwinism at its best

how is this scam still going and michery/AULT others not indicted?

MULN, new 52 week low

OUCH - Well just remember that YOU WERE WARNED - MANY TIMES!!

I suppose an SEC complaint once a week, every week, could push them to halt it just so they don't have to read your messages anymore.

Or daily if you are really motivated...

wheres the SEC? DOJ? this is blatant fraud constantly enriching INSIDERS only

I paid attention to the date of the filing and not the date of the sale. My bad.

Still equals scandal.

You would think that there would be a note in Q2 explaining the more than $1.2 million in shares to the Chief Accounting Officer Chester Bragado. A search of the Q2 filing PDF for the persons position or name returns nothing. I do see a line item on page 6, "Share-based compensation" for $68,391,614 for the three months ended June 30th. This for a company that receives heavy subsidies from the tax payers? It is a good thing we passed the so called "Inflation Reduction Act" or these poor deprived EV companies would really be struggling. 🙄 These insiders do very well fleecing tax payers AND those who buy a stock that is constantly splitting. Is it any wonder why the U.S. runs a nearly two trillion dollar annual deficit?

For the quarterly period ended June 30, 2024
https://www.sec.gov/ix?doc=/Archives/edgar/data/0001499961/000143774924026065/muln20240630c_10q.htm


California Issues HVIP Approval, Granting Bollinger Motors, Class 4 EV Truck a $60,000 Cash Voucher Per Vehicle Sold
PR Newswire Mon, November 18, 2024
https://finance.yahoo.com/news/california-issues-hvip-approval-granting-143000965.html

Under HVIP, the Bollinger B4 electric truck, with a suggested MSRP of $158,758, now qualifies for a rebate of up to $60,000

When combined with the available $40,000 federal tax credit, the net effective cost of the Bollinger B4 would be less than $60,000


Electric vehicle subsidies take cash from ordinary Americans to benefit the rich
https://www.foxnews.com/opinion/electric-vehicle-subsidies-take-cash-ordinary-americans

Democrats' Inflation Reduction Act includes another lavish EV subsidy for the rich and famous
https://www.foxnews.com/opinion/electric-vehicle-subsidies-take-cash-ordinary-americans

That is a from 4 for a May transaction that didn't get filed until yesterday.? I missed it because it wasn't listed under the main body on the SEC EDGARS. You have to go over to the Selected Filings and expand the "Ownership Disclosures" section. It is sort of tucked away. So the Chief Accounting Officer received shares priced at zero on May 16th 2024 and turned around and sold them four days later for more than $1.2 million. Just in case anyone was interested in where some of their trading losses went. With that much cash being handed out you would think politicians have to be involved somewhere. 😆 Like handing out tax payer money, Easy come easy go.

https://www.sec.gov/Archives/edgar/data/1499961/000182912624008312/xslF345X05/ownership.xml

You missed the form4

https://ih.advfn.com/stock-market/NASDAQ/mullen-automotive-MULN/stock-news/95097537/form-4-statement-of-changes-in-beneficial-owners

The Chief accounting officer dumped all the shares he had left.

Doesn't instill a lot of confidence

sophisticated investors

LMAO. I think the correct term is sophisticated divesters

New 8K out. Why anyone would continue to play with this stock defies common sense. See page 43 and 44 of the Q1 referenced in the 8K.



FORM 8K December 12, 2024
https://www.sec.gov/ix?doc=/Archives/edgar/data/0001499961/000182912624008313/mullenautomotive_8k.htm

Item 3.02 Unregistered Sales of Equity Securities.

The disclosure required by this Item is included above in Item 1.01 of this Current Report on Form 8-K and is incorporated herein by reference. The issuance o the Notes and Warrants have been, and the issuance of additional Notes and Warrants pursuant to the Additional Investment Rights Agreement will be, issued, and upon conversion or exercise thereof, as applicable, the shares of Common Stock will be issued, pursuant to an exemption from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”), pursuant to the exemption for transactions by an issuer not involving any public offering under Section 4(a)(2) of the Securities Act.


Google AI Overview

"Pursuant to the exemption for transactions by an issuer not involving any public offering under Section 4(a)(2) of the Securities Act" means that a company is selling securities without needing to register them with the SEC because the sale is considered a "private placement" - a transaction where securities are offered to a limited group of sophisticated investors and does not involve a public offering, as allowed under Section 4(a)(2) of the Securities Act of 1933.

For the quarterly period ended March 31, 2024
https://www.sec.gov/ix?doc=/Archives/edgar/data/0001499961/000143774924016668/muln20240331_10q.htm

SHORTS ARE, um, perhaps, eating sandwiches and ignoring this stock.

A 3 year chart or 2 would be more self explanatory about what a total piece of crap this really is.

MULN, new 52 week low

Wishful thinking

IT'S FINALLY OVER - DONE - R.I.P. - THANK GOD!!

MICHERY indicted yet?

IMO when the dust settles there will be nothing, zip, zero.

Buy more if you want, I don't know shit from chocolate

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Oh I think end of year, a 20 million judgement might be changing how fast this heads to 0.

BWTFDIK?

Nothing changes with this stock's price action pattern.

Is davie boyo Santa?

Those guys from the judgement want their cash

Wow - TIMBER - LOOK OUT BELOW!!

Whoever managed to get paid to pump it deserves to be fined or imprisoned along with the rest.

Just my opinion.

Feel sorry for those people. Hate to see people lose all of their money. Sad.

.....and yet they keep buying - YOU REALLY CAN'T FIX STUPID!!

For anyone left on this board that still has faith in the POS company and scumbag 💩 CEO, AKA Mr. Hankey, AKA Manboobs, here's a video explaining why this company's demise is closer than at any time in recent memory!

Mullen Automotive’s $20M Court Order & Share Crisis Explained $muln

Oh well - Hey - MAYBE ANOTHER REVERSE STOCK SPLIT WOULD HELP!!

Smart boys, getting rid of them as soon as possible