📣📣THIS IS WHAT CHARLES GASPARINO DOES WITH HIS TIME SAD HA‼️
It is very clear that @CGasparino is a paid puppet.
This statement here is so ridiculous.
"You're not getting your money back on #MMTLP . The reason: You didn’t read the press release telling you when to sell"
The odds that 65 THOUSAND shareholders didn't read, misread or didn't know the last day of trading is effectively ZERO‼️
FINRA did the U3 Halt on MMTLP citing Extraordinary Event to prevent severe settlement failures.
YOU CAN'T SETTLE SOMETHING THAT DOESN'T EXIST
🦋 MMAT | Meta Materials Inc.
Case No. 24-50792-gs (Chapter 7)
📅 Filed: June 3, 2026
📄 Docket No. 2833 – Ex Parte Application to Set Status Hearing
⚖️ Layman’s Summary
Trustee Christina Lovato is asking Judge Spraker to schedule a status hearing because DTCC has allegedly not provided all of the subpoenaed records the Trustee believes were due months ago.
🔥 Key Quote
“DTCC omitted Correspondent Clearing Data reports, which were supposed to be produced in March of 2026.”
🚨 Why It Matters
The Trustee tells the Court:
“This information is critical to the Trustee fulfilling her obligation to investigate the viability of potential litigation claims.”
In plain English:
👉 The Trustee believes important DTCC data is still missing.
👉 Efforts to resolve the issue privately have failed.
👉 The missing information is important to determining whether litigation claims exist.
👉 The Trustee wants the Court involved to move the process forward.
📌 Bottom Line
This filing suggests the MMAT investigation is still active, the Trustee is still seeking additional DTCC records, and she believes those records are important to evaluating potential legal claims.
⚠️ Not Legal Advice.
Rule 2004 Discovery Remains Confidential
The Trustee makes clear:
“The Trustee has no obligation to disclose information she has gathered in her Rule 2004 discovery.”
Meaning:
📁 Shareholders should not expect subpoena results to become public while the investigation is ongoing.
⸻
George Palikaras
The filing also contains a notable statement regarding former CEO George Palikaras:
“Mr. Palikaras is an invaluable source of historical information crucial to the Trustee’s duty to investigate the financial affairs of the Debtor.”
That is one of the strongest endorsements of George’s usefulness to the investigation that has appeared in a court filing.
⸻
Litigation Funding
The Trustee confirms:
“The Litigation Funding arrangement with Parabellum Capital has been withdrawn.”
This aligns with what occurred after the May 7 hearing.
⸻
June 16 Hearing: What This Filing Suggests
The Trustee appears to be asking Judge Spraker to:
✅ Deny Spears’ pending motions
✅ Reaffirm Trustee control of the estate
✅ Protect Rule 2004 investigative materials
✅ Reject demands for disclosure of litigation strategy
✅ Allow the investigation to continue without shareholder direction
⸻
🎯 Bottom Line
The two most consequential statements for many shareholders may be:
“The Trustee has requested a comprehensive list of shareholders from the transfer agent…”
and
“FINRA is one of the non-parties from which the Trustee is seeking discovery related to the trading of Meta Materials shares.”
Taken together, those statements suggest:
🦋 The Trustee is still actively pursuing trading-related discovery.
🦋 The Trustee is thinking ahead about identifying and notifying the broader shareholder population.
🦋 The investigation appears to remain active and ongoing.
⚠️ Not Legal Advice. Document 2831 filed June 2, 2026.
Part 1 of 2
MMAT MMTLP NBH TRCH
⚖️ META MATERIALS (MMAT) Bankruptcy
Case No. 24-50792-gs
Document 2831
Filed June 2, 2026
Trustee Christina Lovato’s Response to Danielle Spears’ Motions
⚠️ Not Legal Advice
⸻
🦋 Two Quotes That MMAT / MMTLP / NBH Shareholders Will Likely Focus On
1️⃣ Shareholder List / Claims Agent / Shareholder Rights
From Page 6:
“The Trustee has requested a comprehensive list of shareholders from the transfer agent. Once that information has been received, the Trustee will determination [sic] next steps, i.e., incurring the expense to engage a claims agent. It is not the Trustee’s intention to prejudice the rights of any creditor or shareholder. At the appropriate time, the Trustee will seek authority to establish a bar date.”
Why This Matters
This is one of the clearest statements yet that:
✅ The Trustee is seeking a complete shareholder list.
✅ A claims agent is being considered.
✅ The Trustee expressly states she does not intend to prejudice shareholder rights.
✅ The Trustee anticipates eventually seeking a bar date process.
⸻
2️⃣ FINRA and the U3 Halt
From Page 7:
“FINRA and the U3 halt. This issue was a significant part of the Texas Litigation previously addressed. After more than a year and two opportunities to make her case against FINRA and others (including Greg McCabe), Ms. Spears’ case was dismissed with prejudice. What Ms. Spears ignores is that FINRA is one of the non-parties from which the Trustee is seeking discovery related to the trading of Meta Materials shares. Ms. Spears apparently believes the Trustee and her professionals need her lay-person expertise.”
Why This Matters
Many shareholders have focused on FINRA and the December 2022 U3 halt.
The important takeaway here is not the criticism of Spears.
The significant statement is:
“FINRA is one of the non-parties from which the Trustee is seeking discovery related to the trading of Meta Materials shares.”
That is a direct statement from the Trustee confirming that FINRA remains a discovery target in the MMAT investigation.
⸻
📝 Comprehensive Layman’s Summary
What Is This Filing?
This filing is Trustee Christina Lovato’s response asking Judge Gary Spraker to deny several motions filed by Danielle Spears before the June 16, 2026 hearing.
⸻
Trustee’s Core Position
The Trustee argues that individual shareholders cannot:
❌ Direct the investigation
❌ Demand investigative materials
❌ Control litigation decisions
❌ Force the Trustee to pursue particular claims
❌ Obtain internal work product or litigation strategy
The filing states:
“A putative shareholder cannot broadly intervene into, or seek to direct, a trustee’s administration of a chapter 7 estate.”
⸻
Standing
The Trustee acknowledges the Court previously ruled:
“Ms. Spears qualifies as a party in interest…”
However, the Trustee immediately notes:
“The Trustee reserves all rights to object to Ms. Spears’ standing.”
In plain English:
The Court recognized limited party-in-interest status, but the Trustee is not conceding broader rights.
⸻
Shareholder Notice
One of the most important sections of the filing concerns shareholder notice.
The Trustee states:
“There may be as many as 65,000 or more shareholders.”
The Trustee also confirms:
✔️ A comprehensive shareholder list has been requested.
✔️ A claims agent may be engaged.
✔️ Shareholder rights are not intended to be prejudiced.
✔️ A future bar date may be requested.
⸻
FINRA Discovery Continues
Another significant takeaway:
Despite the Texas litigation discussion, the Trustee specifically confirms that FINRA remains a source of discovery being pursued in connection with Meta Materials trading activity.
For shareholders closely following:
FINRA
MMTLP
U3 Halt
Trading records
Market activity
this paragraph confirms FINRA remains within the investigative scope.
See first comment for continuation.
https://t.co/Gyfx3HxEZM
BREAKING🚨 GAMESTOP SHORT SELLER FOUND GUILTY OF SECURITIES FRAUD
The short-selling manipulators are going down
Like 👍 if you think Ken Griffin, Doug Cifu, and Charles Gasparino should be investigated next
You once asked me how you can help, @pulte.
Looks like you’re in the perfect position to help drain the Wall Street swamp.
65,000 $MMTLP shareholders have relentlessly asked for congressional help in obtaining a share-count in the #MMTLPfiasco.
@SECGov and @FINRA have failed miserably at protecting or aiding shareholders and publicly traded companies in this battle for what’s right.
If nothing else, these regulatory bodies have weaponized the system that is suppose to protect investors.
You can’t sell homes you don’t own. The same should be true in our stock markets…
Looking forward to working with you, sir!
$MMTLP #MMTLParmy $MMAT @nbhydrocarbons
$MMTLP from the bottom of my heart, congratulations and I’m proud of every one of you who helped fight to get us here. Turbulence has cleared and it’s clear skies ahead ❤️🔥
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
💥💥May 27, 2026 marked a
LANDMARK PROCEDURAL VICTORY!
🦋⚖️ $MMAT / TRCH / MMTLP
In re Meta Materials Inc. Chapter 7 Bankruptcy — Case No. 24-50792
On March 6, 2025, the Trustee served nine subpoenas seeking trading and market data from:
📌 Charles Schwab
📌 TD Ameritrade
📌 TradeStation
📌 DTCC
📌 Nasdaq
📌 FINRA
📌 Citadel Securities
📌 Virtu Financial
📌 Anson Funds
⚡ All parties are now complying or moving toward EXPEDITED compliance under individualized protective orders governing sensitive trading data and confidential information.
📆 Upcoming calendar of events shown in the graphic below.
📚 This case is becoming a significant example of a Chapter 7 Trustee strategically leveraging the Bankruptcy Code’s powerful discovery and investigatory tools to pursue potential estate claims and maximize value for creditors.
⚠️ Not Legal Advice
Detailed infographic below and song attached.
https://t.co/HE77dAvkwO
💥BOOM💥BOOM💥and...BOOM!!!💥
Judge orders DISCOVERY on CITADEL, VIRTU & ANSON FUNDS. Meta Materials's BK Judge Straker rules trustee CAN OBTAIN stipulated TRADING RECORDS, but with PROTECTIVE ORDER LIMITATIONS.
SEE DETAILS BELOW👇👇👇
Epic BITCHSLAPS delivered. Count 'em...one👋...two👋and...three!!!👋
They cannot stop what is coming!!! #Relentless #LockIn
MMAT MMTLP TRCH
FULL DOCUMENTS HERE VIA @kimkep4796 : https://t.co/1xcDC4GHzF
@JunkSavvy Guess their custodian 🤓
Answer: Interactive Brokers
Notice the communications regarding MMTLP shown below prior to the halt from both Interactive Brokers and Trading 212.
THIS IS SO CORRUPT🚨
TRADING 212 IS FORCING $MMTLP /NBH SHAREHOLDERS TO EITHER PAY A FEE TO REREGISTER SHARES
OR THEY WILL FORCE-SELL YOUR SHARES FOR $0.01
This seems desperate and every MMTLP Trading 212 investor should be informed⬇️
The financial reset is happening.
There are many aspects to this reset:
1. Accountability in actual share counts.
2. Legal and financial title reconcilable in a court of law.
3. Real World Assets (RWA) are replacing financial instruments as people want to take delivery of “the real thing” versus trade the paper facsimile of said asset.
4. Commodities are rising while naked short selling of stocks are being exposed.
#MMTLP has stood in the gap exposed by the greed of the Wolves of Wall Street.
The below referenced lawsuit is the canary in the coal mine that will result in a seismic shift in accountability.
Investors will find faith renewed as Wall Street will no longer be able to trade and sell financial instruments/stocks they don’t own.
It’s all about tangible assets. Whether it be a stock like MMAT or an exchange like @abaxx_exchange , the world is waking up to the financial fraud perpetrated by the banking overlords whose system is collapsing while the business of RWA is rising.
The sun is rising and a new dawn is illuminating what’s real and what’s fake.
And the people who stood beside real will reap the rewards of their sacrifice and perseverance.
I know that @Maximus711474 actually reads documents.
For those who do not, their dangerous and misleading commentary about the order is another signal of their ignorance and/or desperation to protect their patrons, while running their influencer/faked-shareholders-for-hire little business they are running for professional ambulance chasers.
For the record:
1. The Court did NOT say MMTLP is “irrelevant”. In fact, the order references MMTLP multiple times.
2. The Court DID authorize BROAD production of #MMAT/TRCH trading data, including:
-all orders
-executions
-cancellations
-replaces
-order attributes
-RASH/CORE data
across nearly FOUR YEARS which is extraordinary…
Did you know?
NASDAQ did NOT trade #MMTLP (which traded on the OTC), hence they do NOT have ANY MMTLP data to produce… you weird geniuses you! 🤣
3. The Court explicitly REJECTED Nasdaq’s “undue burden” argument and reaffirmed the Trustee’s broad Rule 2004 investigatory powers regarding potential wrongdoing.😎
4. Saying “everything else was quashed” is simply false. Nasdaq LOST the motion to quash in all MATERIAL respects related to the CORE trading data they control! 🦋
And finally, the Trustee is an independent fiduciary appointed by the Court. If the investigation had no merit, the subpoenas would NOT keep surviving judicial scrutiny.
🧐 speculation and opinions have exactly ZERO evidentiary value in court.
Actual court orders do.
WHAT IS THE CERTIFIED AGGREGATED AUDITED SHARE COUNT FOR $MMTLP ??? IT’S BEEN 3 YEARS AND STILL NO SHARE COUNT??
IS THE SHORT POSITION SO HUGE YOU CANT/WONT SHOW IT???
$MMTLP
ISN’T GOING AWAY UNTIL WE GET A RESOLUTION & JUSTICE!!! @SECGov@SecScottBessent@SECPaulSAtkins
🚨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.