$Mullen Automotive (MULN.US)$ wow he wants to raise total sh...
$Mullen Automotive(MULN.US$ wow he wants to raise total shares to 5 billion now!! I hate to see a stock I once had so much conviction in turn into a scam of the retail investor. he is doing this so that once the reverse split takes place he will still have the shares left to dilute more.
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恭喜发财™ : lol u sure about it?
Dons hobby : I know what you mean Penny, this was one of the first stocks I bought at the beginning of this year. Made money a few times and lost some once, but you are right it is a shame what they are doing and have done.
70205719 : that is his conmanship for making money: huge dilution and RS, and then huge dilution and RS again...
70205719 : then he can own huge shares at zero cost from huge dilution.
pennypincher OP : can't be mad at him for having a agenda and executing it. that's how millionaires are made. I just can't be apart of it. maybe in 5 years if he really makes something of the company.