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@nimbly:MULN has 1.66B shares outstanding. It is a large dilution in few days. The cash is used to paid ELMS acquisition. A production capacity plant of 50 000 EV per year. TIME is money, faster MULN is producing EV faster his selling those EV and capture market share against TESLA, RIVIAN, LUCID, FISKER, POLESTART, FORD, GM, STELLARIS and NIO. MULN EV will reached the market 2 years earlier without the need to issued 3.0B$ of new shares or issued 3.0B$ of notes to built a plant and buy tooling, MULN can produced EV, small van, car and truck, next week in the ELMS plants and generated cash flow The ELMS acquisition is adding 1$ per share (1.6B shares) of assets with a book value of 190M$. Producing EV is adding 3$ per share. MULN shall be at 4${{f76ad730490e4fe0af82ae5fa36c3936}} Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
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