🚨UPDATE: 8 DOWN, 1 TO GO🚨
JUDGE GRANTS META MATERIALS BANKRUPTCY TRUSTEE'S EX PARTE MOTIONS FOR ORDER REQUIRING CUSTODIANS OF RECORDS TO APPEAR FOR EXAMINATIONS. $MMAT $TRCH $MMATF
@Metamaterialtec
✅CITADEL SECURITIES
✅DTCC
✅SCHWAB
✅TD AMERITRADE
✅NASDAQ
✅FINRA
✅TRADESTATION
✅VIRTU
ANSON FUNDS
https://t.co/960csSyWOw
Citadel Motion granted ex parte, meaning without opposition at the time of filing. One of Nine. Like I said, all parties SERVED. Happy March break to all. good night amy.
🚨ALL Subpoenas have officially been SERVED. The clerk had the honour of stamping the subpoenas before they were sent out. Hello Amy. #Served#certified#TickTock
#MMTLP $MMTLP #MMTLPfiasco#MMTLParmy
Ok folks, here's the link to PLAINTIFF TRAUDT’S MOTION FOR A PRESERVATION ORDER PURSUANT TO FRCP 26(c) filed yesterday 16 August 2024 in US District Court in Vermont:
https://t.co/Ji1YdsfLYa
Those of you with limited time should skip to pages 11 and 13. I am sure Prof. James Angell and Ari will not appreciate either my writing style or my frank assessment of their character.
FINRA allowed TRCH's cusip to be issued to Bitech in April, and there's no way that was done by accident as per Cusip Global has about a half dozen failsafe's in the cusip issuing process to prevent that from happening...it had to be done for several reasons: to further contaminate TRCH records and thus MMTLP trade history data, or at least provide an "oopsie" excuse in US District Court.
Gary "Twogees" Gensler was served a subpoena yesterday at around 11am...I no doubt expect Brand-X to try and "quash" the subpoena under FRCP 45 but at least we are finding the range on these people...and my conviction is simple: they have to win every round, we only have to win one and the dam breaks for all of us.
Future #entrepreneurs, beware! This cautionary tale is unfolding at Meta Materials Inc. ( $MMAT @Metamaterialtec ), where it appears that its current board and management are trying to pull the wool over shareholders' eyes after trying to muzzle the founding CEO. 🧶🔍
Imagine a founder-CEO that was ousted without cause or good reason, and was then offered severance IF he/she agreed to a clause that forbids him/her from making any significant moves or even simply TALKING about the company they created despite still being the largest shareholder for TWO whole years... Yes, you read that right.
All while they work in the shadows to disassemble the company, including recent shady company IP and asset sales of two core business units to cover up their failure.
Here's the clause (and screenshot) that was presented to me in November 2023 while I was still on the $MMAT Board of Directors, straight from the playbook of #CorporateTrickery:
"4. THE EMPLOYEE AGREES that, for a period of two years from the date of this Release, without prior written consent of the Company, neither Employee nor any of Employee's affiliates (as such term is defined under the Securities Exchange Act of 1934, as amended (the "Exchange Act")), nor any of Employee’s representatives acting on behalf of or in concert with Employee (or any of its affiliates) will in any manner, directly or indirectly, (a) effect or seek, offer or propose (whether publicly or otherwise) to effect, or cause or participate in or in any way assist any other person to effect or seek, offer or propose (whether publicly or otherwise) to effect or participate in, (i) any acquisition, whether by purchase or otherwise, of any loans, securities, assets or rights to acquire securities of the Company; (ii) any tender or exchange offer, merger or other business combination involving the Company; (iii) any recapitalization, restructuring, liquidation, dissolution or other extraordinary transaction with respect to the Company; or (iv) make, or in any way participate, directly or indirectly, in any “solicitation” of “proxies” (as such terms are used in the proxy rules under the Exchange Act and the regulations thereunder) to vote, or seek to advise or influence any person with respect to the voting of any voting securities of the Company; (b) form, join or in any way participate in a "group" (as defined under the Exchange Act) with respect to any voting securities of the Company; (c) otherwise act, alone or in concert with others, to seek to control or influence the management, board of directors or policies of the Company or any of its affiliates; (d) take any action which could reasonably be expected to force the Company or any of its affiliates to make a public announcement regarding any of the types of matters set forth in clause (a) above; or (e) enter into any discussions or arrangements with any third party with respect to any of the foregoing. Employee also agrees during such period not to make public disclosure of any request to the Company (or its directors, officers, employees or agents), directly or indirectly, to amend or waive any provision of this paragraph (including this sentence)."
#Translation: "Sit down, shut up, and let us dismantle what you and your co-founders (@timaras) built without a peep." 🛑🤫
As you can imagine I did not sign this and did not sell out, I kept my integrity intact, I kept my shares to be able to speak about all things Meta Materials. I just had to be sure that when I took the next actions I had ALL the evidence I needed...
Shareholders need to be watchful whether it is $MMAT or other founder-led companies and should take action! This isn't just a red flag; it's a full-blown corporate alarm. 🚨🔔
#Founders make sure the integrity of your vision, and innovative spirit is not compromised or sold off for a few dollars or cents.
Remember the wise words of Warren Buffett: “In the business world, the rearview mirror is always clearer than the windshield.”
IMHO the $MMAT board and management have destroyed progress, shareholder's future returns, and innovation and this is just the tip of the iceberg... I believe soon we will know what further lies beneath the surface. I urge Jack Harding, Uzi Sasson Ken Hannah Allison Christilaw, Steen Karsbo and Philippe Morali to please immediately #RESIGN, you are completely compromised and unfit to deliver value to shareholders and to resolve $MMTLP IMHO. #CorporateGovernance #ShareholderRights #Innovation #ShareholderSuppression
#MMTLP $MMTLP #nakedshorts#FINRAfraud#MMTLPfiasco
OK MMTLP troops, here's the link to the "1st Amended Complaint." Spelling errors and a few redundancies removed; page 41 has much improved finger pointing because "sacred cows make the best hamburger."
Count X is for Vermont primates only (like myself) but those of you who clone this in your state will find similar laws to apply "pendant jurisdiction" in front of Judge Fed because, well, Hell's Bells: those are the rules.
https://t.co/aP9Vgfd17q
#MMTLP $MMTLP #FINRAfraud#Schwabfraud#nakedshorts#MMTLPfiasco
At 183 "facts" as per the US Federal Rules of Civil Procedure in the lawsuit draft and on page 34...updating everyone as its page 34 without even adding in the various claims under RICO, CFAA, QT, and the motion for a limited class action on behalf of MMTLP shareholders where I am not asking to represent anyone (as I am not a lawyer) but am requesting a blanket "equitable tolling" extension of the statute of limitations for everyone.
When this is filed I hope to publicly thank those in the MMTLP ecosystem who assisted in doing this - there are many.
I would HIGHLY suggest people out there start evaluating at high velocity the effects an MMAT bankruptcy will have on our claims. That's why I have been telling folks in my admittedly non-lawyer sense of things that we may be up against a clock we can't see.
📣 ⚖️ $MMTLP 🤮 CHECK OUT this screenshot from E*Trade on Dec. 9th, 2022. The candle is straight up! How did @FINRA protect retail investors with an unprecedented U3-Halt? FINRA, a SRO with FULL IMMUNITY, protected its OWN! The UPC committee responsible for the U3-Halt had an interest in MMTLP and stood to experience infinite loss! #MMTLP $MMAT #FINRAfraud @SECGov@FINRA@GaryGensler@RepRalphNorman 🇺🇸🙏📣⚖️@JamesComer@WarrenDavidson
This request is so simple, so gettable, that the lack of response & action on this from SEC & FINRA are curious and disturbing. #MMTLP#WhatsBuggingMe on @Ricochet.
It appears that this was more than an accident!
Benjamin Tran of Bitech was also director of Norris Industries.
(IMAGE 1)
In a Norris Industries 10k from 2021, they falsely refer to Norris Petroleum as a wholly owned subsidiary of TORCHLIGHT ENERGY RESOURCES.
(IMAGE 2)
It appears that they meant to say "Norris Industries" instead of "Torchlight Energy Resources" but the very fact that this mistake was made, combined with them somehow using the old Torchlight CUSIP is extremely suspicious in addition to illegal.
But the @SECGov is busy charging @johnbrda & @palikaras while ignoring the real crimes taking place in the Market. @ElfCarbon
$MMTLP #MMTLPsetaDATE
$MMTLP
Lots of questions.
Here's the first -
1) Why has Bitech Technologies ( $BTTC) appropriated Torchlight's CUSIP (89102U103) in 2 SEC filings?
NT10-Q in August 2023
13D in May 2024
(that CUSIP is a single use identifier that only belongs to Torchlight)
#MMAT $MMAT $TRCH
We heard it before but Wes Christian just repeated it!
What does it tell you that EVERY attempt to obtain share information concerning $MMTLP, including from @The_DTCC has been met with resistance!
This is coming from an Attorney that is used to using these same avenues to obtain information in many other cases & tickers including $MMAT.
Wes speculates that the problem in $MMTLP could be greater!
Figure it out @FINRA!
#MMTLPsetaDATE
🚨🚨JOIN US FOR A CONVERSATION WITH ATTORNEY J "WES" CHRISTIAN. MONDAY, JUNE 24, 2024, 6PM EST. MORE DETAILS TO FOLLOW.
Drop your questions in the chat....See you next Monday!!!
@JWesChristian@johnbrda@palikaras@busybrands@Metamaterialtec@nbhydrocarbons@WarshawBurstein
#Motherload #CounterfeitShares
$MMTLP $MMAT $TRCH $DJT $AMC $GTII $GME $BBIG $MULN $FNGR $CLNV $GNS $PLTR $MCOM $TSLA $COSM $NWBO $WULF $VIRI $BBBYQ $KODK $NVOS $KOSS $PNPNF
MAJOR LAWSUIT
To the Counterfeit Crooks who stole from $MMTLP Investors
Meet @BasileEsq
Buckle up
and
Say hi to RICO
Make sure to read these five points
"63. Since the U3 Halt, the Doe Defendant's identities have been purposely,
intentionally and with an intent to hinder any outside investigation by retail shareholders and their
counsel, including Plaintiff, as well as the United States Congress, have been hidden and being
protected by FINRA who refused numerous requests for this data, not only by Congress, but also
in private litigation that would identify the participants of this RICO enterprise."
86. Because Plaintiff’s claims against TradeStation stem directly from FINRA’s
actions (and inactions) as a market regulator, such as FINRA’s institution of the U3 halt, FINRA
cannot fulfill its duties as an unbiased arbitrator to this dispute pursuant to the Arbitration
Agreement..
keeping any revenue generated by the opening of short positions.
124. TradeStation is a “person” associated with the Doe Defendants which, without
TradeStation’s willing participation, the Doe Defendants’ scheme and common course of conduct
would be unsuccessful.
125.
Pursuant to the Lending Agreement, since approximately October 2021,
TradeStation consistently loaned its customer’s MMTLP Shares to the Doe Defendants in
connection to the Doe Defendants opening short sale positions in MMTLP.
The MMTLP Shares
are “securities” as defined in 517.021(22)(b), Fla. Stat. (2023).
126.
Prior to December 14, 2022, TradeStation fraudulently and intentionally loaned an
amount of MMTLP Shares to the Doe Defendants in excess of the amount of fully paid shares
TradeStation held on record for the benefit of its customers at the time Next Bridge distributed
share certificates, i.e., counterfeit MMTLP Shares, in violation of 517.301(1)(a)(3), Fla. Stat...."
@JunkSavvy@busybrands@johnbrda@HAMShortkiller@Rahraw999@WilliamPFarran1@Cyntaxed007@denniskneale
🚨🚨BREAKING NEWS🚨🚨
BASILE LAW FIRM FILES MAJOR FLORIDA RICO & SECURITIES FRAUD LAWSUIT AGAINST TRADESTATION ON BEHALF OF MMTLP INVESTOR.
@BasileEsq@TBLF_LawFirm@JosephRoseEsq
Lawsuit Cites 12 Causes of Action:
1- Rescission Pursuant to Section 29(b) of the Exchange Act for a Violation of 17 CFR § 240.15c3-3(b)(1)
2- Violation of Section 678.5041, Fla. Stat (2023) for Failing to Maintain Physical Next Bridge Securities Certificates
3- Violation of Section 678.5071, Fla. Stat (2023) for Failing to Comply with Plaintiff’s Entitlement Order
4- Violation of Section 895.03, Fla. Stat (2023)
Florida Racketeer Influenced and Corrupt Organization Act
5- Violations of Section 772.103, Fla. Stat. (2023)
Florida Civil Remedies for Criminal Practices Act
6- Breach of Contract
7- Negligent Misrepresentation
8- Negligence per se for Violations of State and Federal Securities Laws and Regulations
9- Conversion
10- Breach of Fiduciary Duty
11- Unjust Enrichment
12- Constructive Trust
@TradeStation@Metamaterialtec@nbhydrocarbons
$MMTLP $MMAT $TRCH #MMTLPFiasco