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@stephmase22@HesterPeirce She helps MM and hedge funds rob and destroy small companies and wonders why small companies don’t trust the market?
Hopefully this recognition is the start of SEC protecting small companies and in turn retail investors. 🤞🤞🤞🤞
Probably not she’s a lying C
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The SEC filed charges against the former CEOs of Torchlight and Metamaterials because they believe the 2021 reverse merger was a scheme to punish short sellers.
In hindsight, when you look at the efforts of the SEC, the OCC and FINRA (two SROs overseen by the SEC) relating to TRCH, MMAT, MMTLP and Next Bridge Hydrocarbons, all of them appear to have prevented settlement/potential short squeezes and or negatively impacted each company's ability to build long-term shareholder value.
From ignoring the missing short interest in TRCH, to creating OCC memos that protected short sellers and made the Series A Preferred placeholder tradeable, to ignoring the manipulation in MMAT and the compromised board that drove the company into bankruptcy, to MMTLP trading for 14 months, to stalling the S1 spin-off, to allowing FINRA to defy their Rule 6490 (among others), to ignoring questions from Congress concerning MMTLP and a share audit etc., to the SEC once again stalling the Next Bridge S1 for the 40 million share offering, to now attempting to erase the 14 month history of the Series A Preferred placeholder trading as MMTLP, the very thing that the issuer complained about in the first place.
EVERY SINGLE ACTION OR INACTION ON BEHALF OF THE SEC (AND THE ENTITIES OVER WHICH THEY HAVE OVERSIGHT) HAVE SEEMINGLY BEEN TO THE BENEFIT OF SHORT SELLERS SEEKING TO AVOID THE SETTLEMENT OF THEIR OBLIGATIONS!!!
BUT THE SEC ONLY INVESTIGATES RETAIL INVESTORS AND THE FORMER CEOs.
WHAT STORY DOES THE TRADING DATA TELL?
WE ALREADY KNOW THERE'S AN IMBALANCE, HOW BIG IS IT?
AN ANSWER TO THIS QUESTION MIGHT HELP TO UNDERSTAND WHY THE REGULATORS APPEAR TO BE PROTECTING SHORT SELLERS.
PLEASE INVESTIGATE MMTLP, IT'S BEEN OVER 800 DAYS!!! @DOGE_SEC