MMTLP / NBH Weekly Update (June 1 - 5, 2026)
Hey army, we didn't miss a beat since the last recap. The corporate side stayed quiet after that huge S-1 win at the end of May, but the community kept the pressure on full blast. New FOIA drops, more eyes on the bankruptcy discovery, and the timeline is still buzzing with calls for real answers. Momentum is building in the right places.
On the Next Bridge Hydrocarbons side, no fresh filings or press releases dropped this week. The S-1 is effective, the 40 million share offering is out there, and everyone is watching how the proceeds get used for debt, preferred stock buyback, and ops. No changes to report, just steady as the company moves forward on those Texas, Louisiana, and Oklahoma assets.
The real heat this week came from the FOIA front. Fresh responses are rolling in faster than before, with more docs showing how the FIF and member firms jumped into the SEC process on the S-1. Tone shifted hard once they started talking about shares on loan and customer protections. Community is connecting every dot, and it's clear this level of involvement isn't normal. Every new batch of papers adds more fuel.
Bankruptcy discovery is still grinding forward too. The trustee keeps pushing for that trading data from the DTCC and others. No new docket bombs this week, but the precedent this case could set has a lot of folks paying attention.
All this ties together because many believe when the full picture finally comes out, MMTLP will prove to be the biggest financial crime in history. 65,000+ shareholders, billions in value wiped out overnight, naked shorts allowed to walk, and years of stonewalling from the very people who were supposed to protect the market. The receipts are piling up and the MMTLP army isn't letting it fade.
Timeline is full of calls to audit the DTCC, tag the right folks in power, and keep demanding that share count. The Gasparino stuff is still getting dragged too, with his deleted posts and meltdowns on full display. The community has saved every post he has deleted with MMTLP in the post. Receipts don't lie.
Bottom line, we are not slowing down. The S-1 breakthrough gave us real corporate progress, and the community side is exposing the rest. Stay locked in, document everything, and keep pushing.
What's hitting you hardest this week? The FOIA stuff, the bankruptcy angle, or something else? Drop it below and let's keep the conversation going. Repost if you're in this fight with us.
Not financial advice, always do your own research. $MMTLP #FINRAfraud
Stay loud fam. This chapter isn't over.
MMTLP / NBH Weekly Update
Week Ending May 31, 2026 (May 23 – 31)
This was the week the community has been waiting for after 3.5+ years.
Major S-1 Breakthrough
On Thursday, May 28, Next Bridge Hydrocarbons dropped the big one: The SEC officially declared their Form S-1 registration statement (File No. 333-269366) EFFECTIVE.
The company immediately priced and commenced a public offering of up to 40,000,000 shares of common stock at $15.00 per share, with Roth Capital Partners acting as placement agent.
Net proceeds are earmarked for:
• Repaying certain outstanding indebtedness
• Funding the repurchase of outstanding Series A Preferred Stock
• General corporate purposes, including working capital and operating expenses
This is real, tangible progress on the corporate side, the exact catalyst a lot of us have been pushing for. The offering is subject to market and other conditions, so no guarantees on final size or timing, but the S-1 is now live and effective. Full press release is up on their site and SEC filings.
Broker & DRS Deadlines Still Active (from last week’s update)
Trading 212 (EU/UK holders): Must decide by June 22, Pay the $30 Equiniti fee for true DRS or default to surrendering shares for $0.01 each.
Webull / Apex Clearing: Transfer window to AST/Equiniti open until June 19 (electronic $115 / physical $235).
If you haven’t acted yet and would like to, check your broker portal or email ASAP. These windows are closing fast.
MMAT Chapter 7 Bankruptcy
No major movement this week. The trustee continues the discovery process on trading data, but nothing new filed since the last update.
Community Pulse
The timeline lit up the second the PR dropped — excitement is high, with plenty of discussion around the Series A Preferred repurchase language (huge for legacy MMTLP holders), potential capital for the Texas/Louisiana/Oklahoma assets, and what this means long-term for liquidity and the company moving forward. Some folks are also watching dilution math and offering details closely. The army is locked in and loud as ever.
Bottom Line
After weeks of quiet S-1 advancement in the background, this week delivered the biggest corporate milestone we’ve seen. Momentum feels real.
Not financial advice. Always do your own research and review the official filings on https://t.co/M3ezW0GCQo (File No. 333-269366) and the Next Bridge investors page: https://t.co/R6cuqyBROP
What’s your take on this week’s news? Drop it below. Are you watching the offering closely, focusing on the Preferred repurchase, or something else?
Stay locked in, fam. #MMTLP #NBH #NXBR #JusticeForMMTLP
https://t.co/Z1BNSHdrHN
Next Bridge Hydrocarbons Announces SEC Declares Effective its S-1 Registration Statement
Company prices and commences a public offering of 40 million shares
https://t.co/2hO7KuPeJJ
MAJOR UPDATE for Next Bridge Hydrocarbons ( $NBH / $MMTLP) The PR is LIVE: The SEC has officially declared the S-1 Registration Statement (File No. 333-269366) EFFECTIVE as of today, May 28, 2026!
Next Bridge has priced and commenced a public offering of up to 40,000,000 shares of common stock at $15.00 per share.
Roth Capital Partners is acting as the placement agent. Net proceeds will be used to:
• Repay certain outstanding indebtedness
• Fund the repurchase of outstanding Series A Preferred Stock
• Support general corporate purposes, including working capital and operating expenses
This is the catalyst the community has been fighting for after 3.5+ years of amendments, SEC reviews, and holding the line. Capital is now positioned to move the company forward, real progress on the assets in Texas, Louisiana, and Oklahoma.
Full press release here:
https://t.co/Z0pb6Hftlg
Who else is watching this unfold in real time? Drop your thoughts below 👇 #MMTLP #NBH #NXBR #JusticeForMMTLP Not financial advice. Always do your own research and review the official filings on https://t.co/M3ezW0GCQo (File No. 333-269366). The offering is subject to market and other conditions — no guarantees on final size or completion. Stay locked in, fam. This chapter just got real.
@SamsUxyyeah@spaceghostRL All of them. I told my broker to keep 100 in my account just to see what would happen. They transferred them all. I transferred a couple years ago.
MMTLP / NBH Weekly Update
Week Ending May 22, 2026
Quiet week on the corporate side from Next Bridge Hydrocarbons. No new press releases or major SEC filings. The S-1 registration process continues in the background.
Major broker action dropped today (May 22) and it is lighting up the community:
1. Trading 212 (EU/UK holders) sent a formal ultimatum email.
Holders must choose by June 22, 2026:
-Option 1: Pay the $30 Equiniti fee to re-register shares directly in your name (true DRS).
-Option 2 (default): Surrender shares for $0.01 each.
Full email here: https://t.co/0RHitcWHN5
2. Webull / Apex Clearing opened a transfer window today.
Move your MMTLP/NBH shares to AST/Equiniti until June 19, 2026.
-Electronic: $115
-Physical certificate: $235
Full details and options:
https://t.co/ofCS6QGRUC
Next Bridge resources:
-Investors page (filings, news, FAQs): https://t.co/R6cuqyBROP
-Latest S-1/A: https://t.co/9IfRon916y
MMAT remains in Chapter 7 bankruptcy with no movement.
Brokers are clearly trying to offload custody of the now private NXBR/NBH shares. For those wanting to DRS, these windows are the clearest path yet.
Not financial advice. Check your own broker portal or email ASAP and consult your advisor. Deadlines are firm.
What is your plan? Option 1 with T212? Transferring via Webull? Or something else? Drop it below. $MMTLP $NBH $NXBR
. #FINRAfraud@FINRA "First line of defense against fraud and manipulation"? What a disgusting joke.
Every single one of your posts since December 2022 has been flooded with MMTLP shareholders blasting you for your blatant corruption. Now you’ve cowardly disabled comments so you don’t have to face the truth.
You surprise halted $MMTLP right before the corporate action, vaporized billions in retail shareholder value overnight, let the naked shorts escape scot-free, and stranded investors holding Next Bridge shares.
Market confidence? You mean market convenience for Wall Street.
Stop the self congratulatory bullshit and resolve the MMTLP Fiasco.
Thank you @ChairmanSelig for sharing your perspective on key regulatory priorities and the financial services landscape at the 2026 FINRA Annual Conference. #FINRAAC
BREAKING: Nasdaq just LOST its Motion to Quash in the $MMAT Chapter 7 bankruptcy case.
The Nevada Bankruptcy Court has ordered Nasdaq to produce nearly FOUR YEARS of detailed trading data for $MMAT and $TRCH.
We’re talking full RASH/CORE records, every order, cancellation, replace, execution, and order attribute.
The Court rejected Nasdaq’s “undue burden” argument and explicitly affirmed the Trustee’s authority to investigate potential wrongdoing in the trading activity.
FINRA discovery is already in. Motions involving Citadel, Virtu, and Anson are still pending.
The investigation is alive and the walls are cracking wider.
Source with court order images: https://t.co/lD1cH5Z4CM
Main case docket: https://t.co/IHPiZDC56i (Case No. 24-50792-GS)
Retail has waited long enough for transparency.
What do you think comes next for $MMAT and $MMTLP shareholders?
MMTLP / NBH / MMAT Weekly Update
May 9 – 15, 2026
Momentum is building, the community is locked in.
After 3.5+ years, the fight for justice on the December 2022 U3 halt is still gaining ground every single week.
Next Bridge Hydrocarbons S-1 Update
Form S-1 (File No. 333-269366) continues to move forward. Amendment #8 priced up to 40 million shares at $15 each. No new amendments this week, but the registration statement is steadily advancing toward effectiveness. Every step gets us closer to the capital NBH needs.
MMAT Chapter 7 Bankruptcy (Case 24-50792)
Trustee Christina Lovato is staying aggressive on trading data and subpoenas. Citadel, Virtu, and the others are still battling motions to quash, keeping the discovery process alive and the pressure high.
Community & X Activity This Week
The timeline stayed fired up with
- Continued pushes for follow-up on the executive letter sitting on the President’s desk and the congressional signers.
- Bankruptcy pecking-order charts and the shared determination to see this through for all 65,000+ holders
- A new controversy involving longtime MMTLP / MMAT advocate Cynthia West and Rep. Thomas Massie broke this week and gained major National attention. Many holders voiced frustration regarding West’s past personal connection with Massie and the lack of meaningful action on the MMTLP fight.
Bottom line: Real progress is happening on the S-1 and legal fronts while the community remains loud, and fired up. This is our fight, and the noise we make together is what forces accountability.
Keep sharing, commenting, tagging your reps, and holding the line. We’re in this until justice is delivered.#MMTLP #NBH #MMAT #JusticeForMMTLP