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🚨NEXT BRIDGE HYDROCARBONS FILES "PROSPECTUS SUPPLEMENT NO 1." TO ITS S-1 SHARE OFFERING TO ACCREDITED INVESTORS, ANNOUNCING 1:30 STOCK DIVIDEND TO SHAREHOLDERS OF RECORD AS OF EOB JULY 28, 2026. SHARES WILL BE ISSUED JULY 22, 2026.
"On June 23, 2026, the board of directors of Next Bridge Hydrocarbons, Inc. declared a dividend whereby each registered holder of Common Stock on the record date will receive 1 share of Common Stock for every 30 shares of Common Stock held, including fractional shares of Common Stock, as applicable (the “Stock Dividend”). The dividend is payable to shareholders of record as of the close of business on July 8, 2026 (the “Record Date”), and will be issued on July 22, 2026. As of today’s date, and prior to the Stock Dividend, there are 264,637,564 shares of Common Stock outstanding. After the Stock Dividend and without giving effect to any shares issued pursuant to the Prospectus there will be approximately 273,458,816 shares of Common Stock outstanding. All share and per-share amounts in the Prospectus should be read giving effect to the Stock Dividend. In the event the 40,000,000 shares of Common Stock being offered pursuant to the Prospectus are issued before the Record Date, there will be 304,637,564 shares of Common Stock eligible to receive the Stock Dividend. Therefore, after the Stock Dividend, there will be approximately 314,792,150 shares of Common Stock outstanding."
@nbhydrocarbons
MMTLP MMAT TRCH NBH
https://t.co/saYjZzL4bs
@DonaldJTrumpJr The fraud perpetrated in our financial markets dwarfs Medicaid and child care center fraud. The regulators are in on it. SEC caught colluding with Brokers to hide problems that harm investors. MMTLP
@DNIPulte@Catt5TX@DNIPulte please let’s get this MMTLP stuff resolved. You see the problem too. Get our markets back to a respectable level. You got this!
$MMTLP
You know what I find very curious?
$TRCH traded on Nasdaq from December 16, 2013 to June 25, 2021. That's 90 months +9 days.
The last 6 months of trading (Jan-Jun 2021) Torchlight traded 83% of it's historical trading volume...
So let's get this right...
17% of Torchlight's TOTAL HISTORICAL TRADING VOLUME ocurred over the preceding 84 months?
HMMMMMMMM......
The final quarter alone (April-June) accounted for nearly half of all shares ever traded in TRCH on Nasdaq (44.69%) over nearly a decade.
Also consider that this came right AFTER the pandemic wreaked havoc on the oil and gas industry, plummeting oil prices to negative at one point. Torchlight, as an oil and gas exploration company was a prime target to short into bankruptcy to bury the TRUE underlying short interest.
It was their final nail in the coffin, but John Brda recognized that impending fate and did what any smart CEO would do to save his company and preserve shareholder value and look for a company to merge with. Makes perfect sense to me.🤷♂️
He interviewed 6 and settled on @Metamaterialtec. @TheRobbCarter and @IsaiahAscher, I apologize for the attacks you've received, most of these people mean well they're just devastated after 3 1/2 years of this, while enduring the fight and having people on the other side of this mocking people with heinous remarks and a whole lot of gaslighting (making people feel like they got swindled by the Executives when it was rather clear it was not the case. Meta Material had absolutely mind-blowing nanotechnology that was going to take many of industries to the next level. #GoBeyond.
I really think you should have George on the show next.
Maybe Ocelot @DefaultUserT aka @snowleopard290 would like to join? George has a very unique perspective, as the former CEO of the issuing company and I think he could really help dispel some of the factual inaccuracies, or I'd even go as far as to say "myths" that are spewed from those adjacent to @thatgirltrader.
The nastiness didn't start on this side Robb, but as then Senator J.D. Vance said to Gary Gensler in a Senate banking hearing in 2023-24 regarding his weaponization of the agency against his bosses chief political opponent, "eventually you will be out of office and I may add Mr. Gensler, turn about is fair play."
These are people at a point where they're punching back, and are worn so thin, they're snapping at every little bump in the road. These people deserve a little more leniency and grace. I get personal attacks are unattractive Isaiah but if you saw even some of the attacks over the passed 3 years from that other side, you would get where it's coming from.
We really do all appreciate your support, guys. You've been great!
To jump back a bit.
@JohnBrda and George @Palikaras did everything by the books, working intimately with the SEC to ensure everything was above board and what to do with the oil assets (represented by the Series A Preferred share).
Again, with the pandemic timing made Torchlight an easy target for short sellers (and naked short sellers) during late 2020. They were really trying to bury this company and it backfired a bit.
Short sellers like to sell high.
Naked short sellers sell high, but they also sell low. and then sell lower, and then sell lower again, and again, and again until the company goes bankrupt or delists.
Get it?
They create so many synthetic shares through fractional locates and bury companies that are becoming a problem, especially if they start picking fights with the system.
When a company goes bankrupt, you get to keep all the money you made shorting it, tax free (because you never realized the trade).
You can bet that is why they created an option chain to purchase Preferred shares a week before the merger because they needed an out so they didn't have to close their shorts in $TRCH.
The adjusted options TRCH1 and TRCH2 (which later became MMAT1 and MMAT2) were financial instruments that someone could use to locate shares or exercise and purchase/sell common shares of the Meta Materials Common stock $MMAT as well as preferred shares (later known as $MMTLP). If you know how options work, you'll understand how they can be leveraged to hedge positions. You pay a premium for the rights not the obligation to buy 100 shares at a fixed *strike" price, by a certain expiry date. It's essentially stock insurance. In the Money calls (ITM) are more expensive but can greatly protect your position, if you're short and the stock rises suddenly.
This can also occur in reverse if you're long shares in a company and you buy ITM puts to protect your position if the stock falls suddenly.
This post is already quite lengthy so I won't deep dive into it here but if anyone wants to know, i'd be happy to explain the mechanics so you are equipped with how hedge funds and other market participants play their games.
There is a sizeable portion of the community that believe those OCC memos (options chains) and who wanted to make sure that was available is the same person who listed it to the OTC against the wishes of the issuing company using an exemption to the Form 15c-211 under "Unsolicited quotation".
You all saw what happened to silver. What happens on paper doesn't always STAY ON PAPER...
That was absolutely a direct byproduct of shorting the shit out of it for decades and decades coming to a point where DELIVERY OF THE UNDERLYING ASSET WAS REQUIRED.
They literally short everything in the small cap and OTC space to prop the index funds, and just simply manage their liabilities as they become a threat. It's whack-a-mole with short squeezes.
That's what kicked off in 2021 with Gamestop and it can no longer be unseen or unknown. "Regular people are hip to all this stuff now" as @CVPayne said to @HesterPeirce.
"I'd rather pay a commission than get ripped off some other way".
-Charles Payne, 2023
"Now that retail has figured out the game, you're mad because you're losing."
-Charles Payne, 2021
So they vampirically drain capital from all of these "shitcos" and pump up their mag 7 + bluechips to keep the index funds elevated.
Eventually, that shit needs legs to stand on and they'll flip the switch. Go take a look at your precious $SPX, $DJI and $IXIC on the monthly chart and ZOOM THE FUCK OUT. The 2008 bubble looks like a sunday picnic in the park. This does not constitute financial advice, or any of advice of any kind.
Well, it's maybe observational advice.
Sure, we'll call it that. 😎
https://t.co/F264eG3ekH
Oddly enough, Professor @GuFinProf James A. Angel from Georgetown was already interacting with the SEC as early as November 2022. Shortly after the halt on December 22, he engaged with MMTLP shareholders online. Someone proved this by submitting a FOIA request to ensure that this interaction is recorded in the FOIA logs. However, the fact that he repeatedly claimed to have only one share is a significant red flag, especially considering his extensive online engagement with shareholders.
MMAT
The DTCC charges the bankruptcy trustee/estate $30,000 for the court ordered data and then fails to deliver the data. Get loud! System failure? TOO burdensome? Not top priority for them? @DOJ@pulte
MMTLP
📣📣F3 FALSE LOCATE RENTING OUT MAKET MAKER EXEMPTION
Market manipulation stealing is called LIQUIDITY‼️
They don't settle the trades, so they never locate the naked short share.
Creating an endless supply of Phantom shares.
The DTCC let's fails to deliver roll over indefinitely.
COUNTERFEITING THE STOCK MARKET