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$Mullen Automotive (MULN.US)$ Mullen retail is going to need...
Mullen retail is going to need to be very patient. Production and revenue are the only PR that will send the SP to squeeze. Mullen does not have the staff to produce and will not for quite some time. It's a process, and should any investor believe there will be products delivered to the market this year , they are obviously not familiar with the nuances associated with the timeline applicable to the industry. Unless one is daytrading the volitility , there will be no great " squeeze " till there are tyres on the tarmac .
Hence, the need to do an RS to remain complient and considerable dilution to finance . Government loans need to be repaid, and Mullen is not gererating income , so this avenue is a non-starter ftom the ger go...
Patience is my thoughts on this stock , with a large sprinkle of hope.
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quick-witted Dingo_6 : Exactly! Very few people believe me, they obviously don’t know how to read numbers or they’d see the debt and other things you mentioned and run.
jack the giantkiller : Did you miss the press release today? You must have not or you wouldn’t have posted this lame excuse of a review!
71306807 OP jack the giantkiller : production staff are yet to be recruited , trained and certified . Unless you have some news , that has not yet been announced!!!
71306807 OP : All the hires to date are a huge drain on finances.
Mullen needs certified qualified production , QC,finishing, and PP staff . When will these be hired , trained, and fit for process ??? 6 , 8 , 10 months from now ????
M1ke1229 : how about that it's shorted like fuck
M1ke1229 : when it finally catches up with them I'll be there, cost me nothing to hold forever
71306807 OP : I am not suggesting you sell . Making an observation. Im in this for 220K shares and looking forward to a......productive future .
72799578 Sassy : Does anybody has shares in vinco capital?