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Previously, Mullen’s capital raising continues to be accompanied by shareholder dilution. This statement likely clarifies the massive decrease in MULN nowadays.
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“As mentioned, I did not come to this decision frivolously and positively took no satisfaction in using these initiatives, but in order for the corporation to survive and prosper, that's definitely in the best passions of all shareholders, the Company must increase funds in 2024 to fund initiatives until this sort of time as it can be cash flow optimistic,” claimed Michery.
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