Gabriel

[Gabriel @Gabriel00681043]

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[Gabriel @Gabriel00681043]

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[kristen shaughnessy @kshaughnessy2]

Former Overstock CEO Patrick Byrne fought predatory short selling for more than a decade

His advice to other CEO's and retail investors - don't expect Congress, especially the Senate Banking and the House Financial Services committee to help you.

"If you were the bad guys in the scenario and you went to Washington with $100 million to buy some politicians who are the first politicians you would buy?
You would buy the ones on those committees

You can get nowhere working through those committees. Absolutely nowhere.
Republican and Democrat

The first people they try to buy the Senate Banking and the House Financial Services committee

Is Pete Domenici still a senator from New Mexico now? (He died in 2017)
No
I went to see him about three times.
I brought economists, traders, people could explain inside out, answer all his questions..A very good guy. I like Pete Demenici. Democrat

And finally, the third time I left his chief of staff, who was a retired Morgan Stanley guy, pulled me aside. He was very polite and he said, he was taking pity on me to tell me this.

He was like I can tell Mr. Byrne you're getting really frustrated because you're explaining to us this stuff and the senator just nods and you're wondering why isn't anything being done

Let me explain. For each time you're in here Goldman Sachs and Bear Sterns and Morgan Stanley - they are in here 10 times.
Telling the senator to ignore everything you had to say."

$FNGR $GTII $NWBO $ENZC $AMC $GME $DJT $ENZC $SCLX $BB $KODK $WULF $MDAI $MMTLP $TSLA

@HAMShortkiller @WilliamPFarran1 @johnbrda @anna_trades @busybrands @JunkSavvy @faulkingtruth @RareDealsHere
@Rahraw999 @bleedblue18
@JennyL1818 @onehundredmph
@devinnunes @johnnytabacco
@ImFiredUp2 @pulte @kimkep4796 @PatrickByrne

[Chad Caton🎙🇺🇸 @ImFiredUp2]

As if we didn’t have enough scumbags to remove from our government it seems we now get where the money clog is happening!!

Our own Sec! America this is the story that will bring it all down #MMTLP

These people shouldn’t have messed with our country’s Veterans

Let’s Gooooo🔥🔥🔥

[Thomas D Murphy former US Senate candidate, SC (R) @ThomasMurphy4SC]

Regarding what is #MMTLP

MMTLP stands for Meta Materials Torchlight Preferred Shares. It is related to the merger between Meta Materials Inc. (formerly Torchlight Energy Resources) and Torchlight Energy Resources, which took place in 2021. Here’s a breakdown of the key points:

1. **Meta Materials Inc. (MMAT)**: This is the company that resulted from the merger of Meta Materials and Torchlight Energy Resources. Meta Materials is a technology company specializing in advanced materials and nanotechnology.

2. **Torchlight Energy Resources**: Before the merger, Torchlight was an oil and gas exploration company.

3. **Preferred Shares (MMTLP)**: As part of the merger agreement, Torchlight shareholders received preferred shares, designated as MMTLP. These shares were intended to representlight’s oil and gas assets, which were to be sold off or spun out.

4. **Purpose**: The MMTLP shares were created to give former Torchlight shareholders an interest in the proceeds from the sale or monetization of the oil and gas assets, separate from the ongoing business of Meta Materials Inc.

The specifics of how MMTLP shares are managed and their eventual value depend on the successful sale or monetization of those oil and gas assets. Shareholders holding MMTLP are essentially waiting for the liquidation or other monetization event to realize any potential value from these preferred shares.

[John Brda @johnbrda]

Just to get this correct, AGAIN! The CEO and management of MMAT were in charge of the Series A Pref when it became tradable. I was the person who notified OTC that it wasn't supposed to trade. I was the one who called the company to plead with them that this was not supposed to trade.

I was no longer CEO or in management, nor was McCabe. I didn't sell a single share of TRCH in 12 years and only sold MMAT recently once they fired GP. Sick of the BS.

I sold about 300,000 of my 2.2 million MMTLP towards the latter months it was trading for my own purposes which I was entirely in my right to do. FIRST sale in 12+ years, btw. Also, since there were times I had non-public info, I took off my GTC trades until such time as the info I had knowledge on was public. These fuckers insinuating that me or McCabe scammed everyone is complete BS and we will not sit quietly and let it happen.

The scammers are the ones who sold short without borrows, got options trading in order to short further with fake locates and had to get the Series A Pref to trade in order to buy back the pref shares they had to deliver all with the help of an SRO, the OCC. Do your homework, it is out there. Why would the OCC postpone settlement by 4 months and assist the bad actors in getting the Series A Pref shares to trade against company wishes? Is that not collusion?

Why has Trade Station told their clients that they do not have enough shares allocated to them in order to send shares to AST? You read that correctly, THEY DON'T HAVE PEOPLES SHARES! This is just one instance of what I believe to be a much bigger problem.

The reason they won't do a share count is it will tell the entire story. I believe they (SEC) have it and don't want the real "plumbing" exposed. If they did release the share count, we could compare that to the shares of NBH they were allocated by DTC and find out who has Failures to Receive and force the settlement of the trades.

Now that we have congress behind us all of this comes out and these people who have nothing to gain pile on is just a coincidence? The articles only come out when we are getting too close. Keep pushing for the truth.

I think the biggest joke is this belief that naked shorting doesn't happen. Tell that to Sabby, tell that to Citadel, tell that to Goldman, tell that to South Korea, and money more of our "revered institutions". A simple SEC search certainly tells a different story.

We will not quit this fight until everyone who had a hand in this potentially massive theft it is exposed.

Release the share count and all of this goes away. No more BS and no more opinions.

[X Market News🚨 @xMarketNews]

BREAKING NEWS 🚨 The Supreme Court has just ruled in a 6-3 vote that when the @SECGov seeks penalties for fraud, a defendant is entitled to a jury trial in federal court, as opposed to being subjected to the agency’s “in-house” legal proceedings

[Whisskier @whisskier]

#MMTLP
80 MILLION SHARES🤯TRADED of the $MMAT series A RESTRICTED placeholder…
BEFORE it showed up trading OTC as $MMTLP
October 6, 2021
with **No Restrictions**
@PatrickMcHenry @PeteSessions @RepHuizenga @RepJamesComer
Subpoena the aggregate audited sharecount NOW!!

[unusual_whales @unusual_whales]

Biden: "We finally beat Medicaid."

Trump: "He did beat Medicaid, he beat it to death"

[Dennis Kneale @denniskneale]

Divide & conquer, and distract us from the real scandal of #MMTLPFIASCO. More on this out Friday on #WhatsBuggingMe on @Ricochet.

[Snow Dad @SnowMoxie]

I have had the privilege of speaking with @johnbrda & @palikaras at different points through out this whole ordeal. I can honestly say that they conducted themselves professionally and I left each conversation feeling as though they were genuinely trying to do their best on behalf of the shareholders and retail investors.

I can also say that I would be honored to work with either one in the future.

Raising capital for these emerging growth companies is fiercely competitive and incredibly difficult. There is an expectation to be a trailblazer, on the edge of discovery, presenting the dream of creating the next #Amazon or #Apple and selling that dream to investors, and then hopefully delivering on any promises made through the process.
In a perfect world, companies would always deliver and these #Pitches would never inflate the company’s future prospects.
Having recently gone through a lot of this, I was #encouraged & #Advised over and over again.. “make it bigger”
This culture existed everywhere, with founders and entrepreneurs pitching what was #possible to investors while 🤞🤞🤞that they received enough funding in time to keep pushing forward and developing the companies #GoToMarket strategy in the process. @johnbrda & @palikaras played in the gray to raise the value of an offering. 😱 I’m #Shocked
Investing in any company, let alone those that are currently in the emerging growth or #startup phase carries a #risk, and you hope that the company will deliver on promises made to investors.
When I buy shares in that company, I am expecting that the shares sold to me by my broker are 100% legitimate and that’s regardless of what is happening with the company.
I should be able to count on the shares that I purchased to be #REAL and the value of those shares to be accurate. This is NOT one of the risks I am anticipating as an investor.
Whether or not shares are #counterfeit should not be a concern for ANYBODY that participates in our markets. We should be the shining example for the worlds markets, not the playground of #FinancialTerrorists
The fact that this new filing so obviously attempts to redirect blame to the CEOs and totally ignores the gigantic 🐘 in the room, that millions of counterfeit shares were sold to investors and that the regulators meant to protect us have misused their corrupted authority to protect the real criminals - the Broker-Dealers, Market Makers, & financial institutions making #Billions off of #DumbMoney retail investors by selling fictitious securities that never seem to settle. I bet the #Boston commonwealth is taking notes on how to successfully get away with a #CoverUp for next time.
I wonder if #AlanJackson does #securities representation, because #Brda and #Palikaras should give him a call. He should be available soon I hear 🫠
#IYKYK #Meta #MMTLP #TRCH #RoaringKitty @TheRoaringKitty

[kristen shaughnessy @kshaughnessy2]

Supreme Court rules people accused of fraud by the SEC have a right to a jury trial in federal court

"The Supreme Court on Thursday stripped the Securities and Exchange Commission of a major tool in fighting securities fraud in a decision that also could have far-reaching effects on other regulatory agencies.

The justices ruled in a 6-3 vote that people accused of fraud by the SEC, which regulates securities markets, have the right to a jury trial in federal court. The in-house proceedings the SEC has used in some civil fraud complaints violate the Constitution, the court said."
https://t.co/vGb9YEGa0d

[X Market News🚨 @xMarketNews]

This case from 2020 against Overstock, and Patrick Byrne looks identical to the new SEC charges🚨⬇️ something’s fishy $MMTLP $MMAT

[Kurtis @bleedblue18]

$MMTLP We had a pretty good idea what happened 15 months ago. Now we know their names. None of the events were prevented by the @SECGov or @FINRA, but instead they were facilitated by these captured regulators (see FOIA emails). #MMTLP #FINRAfraud

[Kurtis @bleedblue18]

It was clearly stated in the SEC approved proxy statement that the Series A Preferred shares were not to be listed or traded on any exchange. Additionally on June 21, 2021, the Options Clearing Corporation (OCC) released a memo stating the settlement of the Series A Pref shares would be delayed until trading status was determined. Therefore, with the existence of an options chain, short positions were not required to cover prior to the Torchlight Energy Resources, Inc. & Metamaterial Inc. merger (June 25, 2021).

[Kurtis @bleedblue18]

$MMTLP 🧵In response to @FINRA 's March 16th, 2023 FAQ: MMTLP Corporate Action and Trading Halt: https://t.co/zbVtialxKr

FINRA's response is disingenuous and intentionally deceptive. It is also a magnification of the simple fact that the U3 Halt of MMTLP exclusively benefited Broker-Dealers, Market Makers, and Naked Short Sellers. Conversely, the U3 Halt was singularly detrimental to retail investors, the very people FINRA is charged with protecting. #FIRE #FIREDD #MMTLP #FINRAFraud #ReleaseTheBlueSheets #FINRAFiles #FINRAFAQ #RetailStrongTogether #CodingIssues #NakedShorts

[Dennis Kneale @denniskneale]

Boom! At this point the wise assumption is to trust anyone other than FINRA & the SEC. Am surprised the feds were unable to include Trump as a target, too. #MMTLP #WhatsBuggingMe on @Ricochet.

[Bird Lady Rollerpigeons @MoneySoot]

A PR from NBH back from 2-8-2024 stating that finra created and altered its own corporate action #mmtlp

[kristen shaughnessy @kshaughnessy2]

Attorney Wes Christian says no regulator or broker has been willing to disclose information to help settle the $MMTLP trades - a special dividend that was never supposed to trade and was emergency halted in December 2022.

"...We did it as I would say, the country boy way on the MMTLP side, because every avenue we went down nobody helped us.
In fact, FINRA fought us, DTC fought us, brokerage firms wouldn't disclose anything until ultimately we sent some very large clients in to find out some data, that revealed some things but I can't get into that.

The bottom line is MMTLP, as you know, is so convoluted you're not really going to know until you get into discovery in my view, although my gut is that that's gonna be even larger than the META piece, that's my gut.."

Great job hosting @JunkSavvy @busybrands @JWesChristian @bleedblue18

https://t.co/IhdNYzTdUK

[John Brda @johnbrda]

As many of you know, the SEC has decided to file suit against myself and George stemming from the Wells notice.
I have expected this for quite some time.  You should know that the SEC has chosen, IMO, to protect short sellers and naked short sellers as opposed to loyal shareholders of TRCH and MMAT.
We will defend these accusations with everything we have and now that the case is filed, the playing field will be leveled.  This novel case, IMO, will open Pandora’s box.