@palikaras@Nasdaq So, FREAKING. Huge!!!
Kick ass George. Kick their Lilly pansy asses all over the place.
The people are sick and tired of being abused by the wolves of Wall Street.
🖕🙌💪
🚨Breaking news: 🦋
@Nasdaq just LOST its Motion to Quash.
Read that again s l o w l y . . .
The Bankruptcy Court in Nevada has now ordered Nasdaq to produce extensive $MMAT/TRCH trading data under Rule 2004, including RASH and CORE data, order attributes, cancellations, replaces, executions, and related transaction records covering nearly FOUR YEARS.
The Court was NOT persuaded by the ‘undue burden’ argument, noting that producing ~15GB of spreadsheet data is not exactly impossible for… Nasdaq. (One $10 usb stick)
Even more important, the Court explicitly recognized the Trustee’s AUTHORITY to investigate whether wrongdoing occurred on behalf of the estate, including potential claims tied to stock trading activity.
Translation:
This investigation is very much ALIVE.
For months, some people mocked and undermined the Trustee’s efforts, claimed discovery would never happen, and acted like every subpoena didn’t get served initially and that it would be crushed before daylight. Instead, the wall keeps cracking.
FINRA discovery.
Now Nasdaq discovery.
And the Court explicitly referenced separate pending motions involving Citadel, Virtu, and Anson.
Interesting times ahead.
Turns out Rule 2004 is not just a decorative suggestion.
To the Trustee and legal teams, incredible respect.
It takes courage to walk into rooms filled with institutions that have virtually unlimited resources and say:
‘Produce the data’
And to the echo chambers already warming up their spin machines tonight…
You may want to read the actual order first. 🤝
Blessings to all.
@MakisMedicine If you found this post interesting:
Retweet it to share these potential cancer treatments with others and bookmark it to remember them 👇
https://t.co/fvo7d1Gg4K
Wow. ICE just released the most emotional ad I have ever seen in my life.
“This is our why”
It honors all of the innocent Americans who were killed by criminal aliens who shouldn’t be here.
Say their names. RIP.
Everyone needs to watch this:
https://t.co/tNmg9DCEoZ
COVID. 😆
The virus so powerful it could somehow tell whether you were standing or sitting in a pub.
• So intelligent it knew a Scotch egg magically turned beer into medicine
• So disciplined it waited politely until 10:01pm to suddenly become lethal
• People disinfected their shopping like it was a biohazard delivery
• People marched along floor arrows in supermarkets like religious pilgrims
• People treated cash like it was cursed radioactive parchment
• People cracked windows open in the middle of February to “blow the particles away” — as if the virus respected basic airflow etiquette
• Six feet. Not five. Not seven. Exactly six. Because pathogens apparently carry tape measures
Then — new crisis, new graphics, new outrage.
• Masks quietly retired for some (but not others)
• Arrows peeled up off the floor
• Cash came back from the dead
• Curfews vanished like a magician’s assistant
The virus didn’t disappear overnight…
…it was never the omnipotent supervillain we were told.
But the theatre?
That part stuck around in people’s heads.
The rituals.
The slogans.
The rules that sometimes felt way more symbolic than scientific.
History won’t just record the silliness —
it’ll record how human beings act when fear + authority + media + uncertainty all collide at once.
Mass behaviour?
That’s psychological.
And psychology spreads a hell of a lot faster than any bullshit common cold. 🥶🙄
MMAT • MMTLP • TRCH • NBH
🔵 In the AABB lawsuit filing “BlackRock, Inc… beneficially owned 11.1% of Virtu Financial, Inc.’s stock as of April 30, 2025.” 👀
Connecting the dots across the bankruptcy discovery and institutional ownership timelines… 🧩
The Virtu subpoena in the Meta Materials bankruptcy is laser-focused and includes the MMTLP lifecycle:
“All documents requested… for the time frame of September 21, 2020 through August 7, 2024.” 👀. Subpoena provided below.
And it’s not surface-level data — the trustee is demanding:
•order-routing messages
•exchange/off-exchange execution records
•locate / borrow / delivery data
•FTD tracking & remediation
•short position tallies (including naked short indicators)
That means the court is reconstructing how trading actually functioned behind the scenes.
Now layer in Virtu ownership:
📊 BlackRock & Virtu timeline inside the SAME window:
•2020–2023: BlackRock = major institutional holder (~4–5% range based on public filings)
•June 30, 2024: BlackRock files Schedule 13G → ~12.5% beneficial ownership
•Subpoena cutoff: Aug 7, 2024
➡️ Ownership crosses into double-digits right inside the discovery window
Why observers are paying attention 👀
This creates a before/after dynamic:
During core MMTLP trading (2021–halt):
•Market maker activity under investigation
•BlackRock not yet a >10% disclosed owner
Late-stage (still within subpoena window):
•BlackRock becomes one of Virtu’s largest beneficial owners
•Discovery continues into this same timeframe
Why this matters for the bankruptcy case:
•Trustee is mapping trading mechanics + positions
•Courts evaluate who had financial exposure upstream
•Institutional ownership becomes relevant to:
•incentives
•exposure
•potential conflicts
•litigation leverage
The subpoena window now ties together:
trading → routing → FTDs → short positions → ownership shifts.
That’s why filings referencing:
“pecuniary interest in the outcome”
start carrying more weight when mapped against this timeline.
@palikaras Thx @stephmase22
https://t.co/9H7RinECNF
SpaceX engineers are trying to deliver Starlink terminals & supplies to devastated areas in North Carolina right now and @FEMA is both failing to help AND won’t let others help. This is unconscionable!!
They just took this video a few hours ago, where you can see the level of devastation: roads, houses, electricity, water supply and ground Internet connections completely destroyed.
@FEMA wouldn’t let them land to deliver critical supplies … my blood is boiling …
A "Pump & Dump" according to Google Gemini and it how compares to the actions of @FINRA (12/6/22-12/8/22).
"The Pump: Fraudsters will spread false or misleading information about a company's stock. This can be done through social media, chatrooms, or even fake press releases. The goal is to create a buying frenzy that drives the stock price up."
On 12/6/22, FINRA posted the first $MMTLP Corporate Action to their Daily List. This Corporate Action included a "false" 12/13/22 SHARE CANCELLATION DATE & Zero hour 12/13/22 EFFECTIVE DATE. <-These both should've been 12/14/22 at a time that coincides with AFTER market close.
(This in many ways violated FINRA Rules 6490 & 2020)
Based on FINRA's assertion, MMTLP was never intended to trade after 12/8 which means that the sentence included in both MMTLP Corporate Actions; "Purchases of MMTLP executed after 12/8/22 will not receive the distribution." was "misleading" due to the fact that it implied that purchases could be made after 12/8.
Multiple brokerages informed their clients of how they intended to handle trading in MMTLP after 12/8/22.
For many investors, FINRA posting the Corporate Action was the last thing they were waiting for before they decided to either buy, hold or sell MMTLP. When you observe the increase in volume (beginning 12/6), it resembles what could be considered a "buying frenzy" that drove the stock price up.
"The Dump: Once the price is inflated, the scammers will quickly sell their own shares of the stock at the higher price. This is the "dump" part of the scheme."
On 12/8/22, FINRA posted a revised MMTLP Corporate Action, validating the impression that the initial Corporate Action contained false and or misleading information.
OTC Markets gave MMTLP the caveat emptor designation on 12/8 (after more than a year of trading) due to the confusion caused by the release of the two MMTLP Corporate Actions.
The price dropped dramatically on this day, presumably due to short sellers selling &/or market manipulation, including during premarket hours (15% +/- drop) where the investing public didn't have the ability to trade on the OTC.
(FINRA Rule 11893 violation)
"The Crash: Inevitably, after the scammers sell their shares, the price of the stock plummets. Investors who boughtin based on the hype end up losing money."
12/8/22 had the most volume but most of that appears to be from short selling which caused "the price of the stock to plummet".
"Pump and dump schemes typically target small, thinly-traded companies because it's easier to manipulate their stock price. They're
illegal and there are regulatory bodies that watch for this kind of activity."
MMTLP was a small, thinly-traded security due to the fact that it was never meant to trade and the majority of the shares being most likely held by $TRCH shareholders. This made the price easy to manipulate especially since it appears that regulators weren't concerned with investigating the true cause of this trading activity.
@SECGov @SECEnfDirector @GaryGensler@HesterPeirce@The_DTCC@FBI@FBIWFO@FBILosAngeles@TheJusticeDept@DOJCrimDiv@RepRalphNorman@MikeCrapo@denniskneale
#MMTLPsetaDATE
My interview moments ago on @FoxBusiness discussing the latest on #MMTLP. I fired off a letter today (with 70+ co-signers) demanding answers from the the SEC and FINRA.
ICYMI: https://t.co/nGxcW4cg5T
Over 70 co-signers on my letter this morning to FINRA and the SEC concerning #MMTLP - Meta Materials Series A preferred shares.
📺I'll be live with the great @cvpayne on @FoxBusiness around 2:15p ET to discuss.
PDF: https://t.co/nGxcW4cg5T
$MMTLP - So the theory I am guessing here is that the Torch Shorts got jammed up (couldn't close their legal or illegal short positions) at the merger, and somehow got the dividend listed 3 months later on the OTC through a loophole in order to wash trades (those shorts) through and that's why it couldn't be settled based on T-2 in December of 2022? Everyone wants to reach back to the merger, then get the dividend traded, it trades for more than a year (from Oct. 2021) then all of a sudden they still can't close those old Torch positions (the new MMTLP dividend) under T-2 settlement so FINRA stops the trading, then clandestinely alludes to the SEC investigation (not law enforcement) from June 2021 - Then says its a settlement issue? Indirectly it "could" be that convoluted, but I don't think so. The SEC investigation is based on alleged material misrepresentations in connection with the merger in 2021.
Just how do the short position not close in Torch at the merger when the T/A has all of the holders of records in its books? Were shares issued by META to just anyone claiming a Torch shares? Did the MMAT T/A drop the ball? Who approved the transfer. Where is the attorney opinion letter in connection with the exchange (or dividend issue if that's what you want to call it)
FINRA indicated recently it was a settlement issue - which is code for "how the hell are our brokers going to cover potentially billions in stock sales". Based on timings, that's what makes the most sense to me. That's why they are doing everything in their power to not release the data - because it will likely expose that.
#MMAT Jack/Uzi, are you listening yet? NO REVERSE SPLIT. This board took way too long to reduce/control costs/preserve capital. There were far better financing offers. Sales must SELL! Sell Meta-Air to the US Airforce! Lobby FAA! Best-in-class night flight laserpro performance!
CMT just murdered their own brand and for what? Because a bunch of leftist who don’t even listen to country music complained about Jason Aldean’s music video?
Let’s give CMT the Target and Disney treatment.
Hold the line!