nimbly
2022-11-28

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.

Comments

  • Bulltrader
    2022-11-28
    Bulltrader
    EV is over. Dragon head TSLA is down. rest will not run without dragon
  • DannDann
    2022-11-29
    DannDann
    Thanks for thr insightful sharing. Thumbs up 👍🏻👍
  • Alvinkctan
    2022-11-29
    Alvinkctan
    Noted with thanks.
  • romanc9
    2022-11-29
    romanc9
    Let's hope they don't do a reverse split and shares price head north to a dollars if investors realised these that you are talking about.
  • Svengers19
    2022-11-29
    Svengers19
    Thanks for sharing
  • RedpillBluep
    2022-11-30
    RedpillBluep
    thanks for sharing ☺️
Leave a comment
174
4