$MMTLP
NEXT BRIDGE HYDROCARBONS
500 W. Texas Avenue, Suite 890
Midland, Texas 79701
432-684-0018
June 15, 2026
Dear Valued Shareholder,
Thank you for your inquiry regarding shares available through our recently effective S-1 offering. I sincerely appreciate your interest and your continued support of Next Bridge Hydrocarbons.
I want to personally apologize for the delays in this process. As many of you know, we have spent the past three and a half years navigating a complex and often challenging regulatory landscape. While reaching this milestone is an important achievement, there is still significant work ahead of us.
I respectfully ask for your patience as we continue working through the remaining steps. Our team is actively engaged on multiple fronts, and I believe we are approaching several important developments that I look forward to sharing with shareholders in the near future.
Your steadfast support, encouragement, and confidence in the company have helped carry us through an extraordinary journey. We do not take that support for granted, and we remain committed to acting in the best interests of all shareholders.
Thank you again for your patience and trust. I look forward to updating you soon.
Sincerely,
Greg McCabe
Chairman & Chief Executive Officer
Next Bridge Hydrocarbons
🚨NEXT BRIDGE HYDROCARBONS RELEASES PR ANNOUNCING THE EFFECTIVENESS AND AVAILABILITY OF UP TO 40 MILLIONS SHARES OF NBH COMMON SHARES @ $15/SH.
MMTLP MMAT TRCH NBH
@nbhydrocarbons
https://t.co/df52HGhBtS
BREAKING🚨 NEXT BRIDGE SHARES OFFERED AT $15 PER SHARE $MMTLP
Next Bridge Issues S-1/A, Amendment #8
Next Bridge offering price per share:
40 Million Shares priced at $15 per share, netting the company approximately $570M $MMAT
🚨Next Bridge Hydrocarbons' shares priced...COME GET 'EM BOYS AND GIRLS!!!
💥$15 per share
💥Up to 40 million
💥Margin calls/deposit increases incoming.
💥SEA 15c3-3
💥REG SHO Close-Out
Shareholders who have been refused transfers to AST/EQ...you know what to do!!!
MMTLP MMAT TRCH
*Notice of Effectiveness pending.
OPEN LETTER TO @SECGov INSPECTOR GENERAL
Subject: Request for Review, FOIA Processing Integrity, MMTLP-Related Requests, Outcome and Delay Disparities
Dear Inspector General,
I am writing to request that the Office of Inspector General review FOIA processing practices affecting requests related to MMTLP and the December 9, 2022 U3 trading halt.
Based on FOIA log analysis and request tracking compiled by the public and community requesters, a large proportion of MMTLP-related FOIAs experience extended delays and procedural parking states, including “Referral Request” and “On Hold,” with some requests remaining pending for more than a year and, in certain categories, with median pending times exceeding two years.
Separately, the updated SEC-wide vs MMTLP roll-up indicates a large outcome disparity, where MMTLP-tagged requests receive full or partial disclosure at a substantially lower rate than SEC-wide FOIAs, while B7 exemption outcomes are substantially more prevalent in MMTLP-tagged requests. These patterns, taken together, raise process-integrity concerns that delay can become functional denial, particularly when information is time-sensitive for oversight, bankruptcy proceedings, or public accountability.
I respectfully request an OIG review focused on:
1.Time-in-status controls: Median and maximum duration in “Referral Request,” “On Hold,” and “Perfected” statuses, and whether escalation triggers exist.
2.Bundling practices: Criteria for bundling, notice to requesters, opt-out availability, and measurable impact of bundling on timeliness and outcomes.
3.Outcome disparity: Comparison of disclosure outcomes and exemption usage between MMTLP-tagged and baseline SEC FOIAs, controlling for request scope and subject matter.
4.Transparency of extensions: Whether the SEC logs and reports extension counts and delay events per request ID, and whether the current system understates delay frequency.
For convenience, I can provide the supporting spreadsheets and PDFs, including top longest-pending and most-delayed request IDs and category-level pending-day statistics.
Thank you for your consideration. I am available to provide the supporting materials, methodology, and any additional context your office may require, you have all my contact information on file.
Sincerely,
George Palikaras
Ticker: $MMAT
Case: In re Meta Materials Inc.
Date Filed: February 4, 2026
Document: Order Setting Status (Provided below)
Conference re: Litigation Financing
Not legal advice ⚖️
⸻
🧾 Layman’s breakdown
•💰 What this is about:
The bankruptcy judge wants answers about millions of dollars in litigation funding being used by the trustee’s legal team.
•📊 The amount:
Court records referenced about $11–$11.8 million arranged to fund legal actions tied to the bankruptcy.
•🤔 Why the judge stepped in:
The court says it’s unclear how this funding works and notes there doesn’t appear to be a formal motion asking the court to approve the financing under bankruptcy law.
•🧑⚖️ What the judge ordered:
A status conference (court check-in) is set for:
📅 February 20, 2026
🕘 9:30 a.m. 👀
to explain the funding and its terms.
•🧑💼 Who must explain it:
•The Chapter 7 trustee
•The trustee’s litigation law firms
•🎯 What they must address:
How the litigation money was arranged and the terms referenced in the legal contracts filed earlier in the case.
•💻 Attendance options:
Parties can attend in person or by Zoom/phone.
⸻
🧩 Why this matters (plain English)
•⚖️ The court wants transparency about who is funding lawsuits tied to the bankruptcy.
•💼 Litigation funding often signals major legal actions or investigations are being pursued.
•🔎 The judge is making sure everything is properly disclosed and approved before it moves forward.
⸻
Not legal advice. Just a simplified explanation of the court order.
https://t.co/4PxEgKzqAh
The #MMTLP story will be made into a miniseries one day.
It’s a complete story with many sub stories that include:
Agency corruption
Wall Street greed and collusion
Destruction of wealth on a catastrophic scale
Suicides
Lives lost due to illness and no $$$
Families ruined/divorces etc
Exposure in the lack of transparency with the FOIA process
Loss of public trust in our institutions
My honor to serve....this is the perfect use of my platform....it's here for all who are fighting the good fight with an eye on accountability.
Love the #MMTLPArmy