Henrich 🇸🇰 Next Bridge Hydrocarbons (MMTLP)

What a mind can conceive and believe, it can achieve - Napoleon Hill

[Henrich 🇸🇰 Next Bridge Hydrocarbons (MMTLP) @Henrich7777]

$MMTLP For those that don’t know it, anytime anything happens, I update the timeline immediately. Please use it. It has proven helpful with Congress & others. Copy it, paste it, download the images, send. Don’t just send the link. Firewalls block it.

https://t.co/FAJoIk4zkv

[Henrich 🇸🇰 Next Bridge Hydrocarbons (MMTLP) @Henrich7777]

@jobsf130078 @JunkSavvy You’ll know soon 😁

[Henrich 🇸🇰 Next Bridge Hydrocarbons (MMTLP) @Henrich7777]

@JunkSavvy @andymac_ct I love that sentence …. They cant stop whats coming… 😁

[JunkSavvy @JunkSavvy]

Did Mike have a problem at Schwab???
Rack 'em up...
Brokers are f'ed...
July 8, 2026...tik tok
MMTLP MMAT TRCH

They can't stop what's coming!!! 🍿🍿🍿

[Henrich 🇸🇰 Next Bridge Hydrocarbons (MMTLP) @Henrich7777]

@stephmase22 @AnthonyT561479 Amazing…. Praying for his fast recovery 🙏

[Stephanie 🇬🇧🇺🇸🦍 @stephmase22]

📣📣DISCOVERY IS MOVING FORWARD MMAT MMTLP

Citadel Securities, Anson Funds, and Virtu Financial have been fighting the subpoenas for discovery for a long time. Now, it appears it's moving forward to set up the framework for the data.

The Usual Suspects‼️

[GoOrogrande_4th @Maximus711474]

Targgart v Next Bridge Hydrocarbons ruling REVERSED 6/26/26 by
5th Circuit Court of Appeal, 25-10879

[Champion-NBH @ChampionNBH]

The Gov't assisted in the theft of 65,000 Americans, including Veterans. Don't kid your self the $$ is available to pay immediately and they can recover $$ from WALL STREET criminals. Abolish FINRA!

[Smash @Smash2j20x]

Please help #MMTLP if you looked into what the SEC FINRA DTCC did to us you would be disgusted and pissed @realannapaulina the regulators are criminals stealing from retail investors of MMTLP please help us @POTUS @VP @realannapaulina @SecRubio @DNIPulte @RepLuna

[JunkSavvy @JunkSavvy]

🚨APPELLATE COURT, IN A UNANIMOUS DECISION, REVERSES THE TRIAL COURT JUDGE'S DECISION TO DISMISS TARGGART V. NEXT BRIDGE HYDROCARBONS CLASS ACTION WITH PREJUDICE. CASE IS REMANDED BACK TO THE TRIAL COURT FOR FURTHER CONSIDERATION AND PROCEEDINGS.

BACKGROUND: The district court had dismissed the case on the narrow ground (considering only one issue/defense argument} that the plaintiffs (former Meta Materials Preferred Stockholders, ticker MMTLP) did not “purchase” their Next Bridge shares “for value,” as required by Sections 11, 12(a)(2), and 15 of the Securities Act of 1933. The Fifth Circuit held that the stock-for-stock exchange in the spinoff does qualify as a purchase for value.

⚠️THIS DOES NOT NECESSARILY MEAN THE CASE MOVES TO DISCOVERY.
⚠️The appellate court expressly declined to reach alternative arguments for dismissal that the defendants raised but that the district court had not addressed.
⚠️From the appellate decision: “Defendants raise several alternative arguments in favor of dismissal that were not addressed by the district court, but, ‘as a well-established general rule, this court will not reach the merits of an issue not considered by the district court.’ … we leave the alternative grounds Defendants raise for the district court to consider in the first instance.”
⚠️The district judge now has the opportunity to review further arguments from the defense (NBH) and render a new decision OR reverse his decision and move the case forward.
⚠️The court also held that plaintiff allegations were sufficient (at the pleading stage) to treat John Brda as a potential “statutory seller”.

Though this appears to be a significant win for the plaintiffs, it is not a FINAL victory.
THIS CASE IS FAR FROM OVER.

NBH MMTLP MMAT TRCH
https://t.co/Px89vPoEYM

[BobbysTrades @Bobbysview]

MMTLP / NBH Weekly Update – June 25, 2026

This week the main development came from Next Bridge Hydrocarbons. On June 23 the board declared a special 1 for 30 stock dividend. Shareholders of record at the close of business on July 8 will receive one additional share for every 30 they hold, including fractional shares. Those new shares are scheduled to be issued on July 22.

The next day, June 24, the company filed Prospectus Supplement No. 1 to its S-1. The filing puts the dividend details on record and updates the share counts. Right now there are roughly 264.6 million shares outstanding. After the dividend that number moves to about 273.5 million, or higher if the full 40 million share offering closes before the record date.

A lot of the discussion around this centers on what it means for share counts. The new record date creates a fresh snapshot of ownership, which means brokers and the transfer agent will have to reconcile positions to deliver the dividend shares. Some see this as a practical step that could help surface any discrepancies that have carried over from the old MMTLP situation.

@kimkep4796 did a great job breaking down the FOIA response. She walked through the timeline and key players, and pointed out that FIF had raised concerns with the SEC about shares that lending brokers couldn’t recover after the halt, plus issues with reconciliation, IRA accounts, and transfer agent capacity going forward. Here’s the document that’s been circulating: https://t.co/hNhnhErw38 That information keeps getting referenced when people discuss the broader MMAT bankruptcy case. There are also class action lawsuits still moving forward that were filed over the original spin-off from Meta Materials to Next Bridge back in late 2022.

No new operational updates on the oil and gas side came out this week.

Official sources:
Next Bridge press release on the dividend: https://t.co/hZ72mi8NeE

SEC filing for Prospectus Supplement No. 1: https://t.co/92yXvUqTGY

[JunkSavvy @JunkSavvy]

🚨ADDRESS UPDATE!!!🚨
💥AST/EQ PROVIDES INSTRUCTIONS & TEMPLATE FOR REGISTERING CERTIFICATED SHARES IN BOOK ENTRY IN YOUR NAME.If you have requested a transfer of your NEXT BRIDGE HYDROCARBONS (formerly MMTLP) shares to AST/EQ (transfer agent), and your broker has mailed you paper certificates, use the template below to have your certificates registered in book entry in your name. Questions: 800-937-5449.

EQUINITI
Attn: Automated Scanning Team
1110 Centre Point Curve
Mendota Heights, MN 55120

MMTLP MMAT TRCH NBH

[JunkSavvy @JunkSavvy]

>>> 💥💥1245 DAYS!!!💥💥<<<

SEA 15c3-3(d)
"The DEFICIENCY OR EXCESS OF SECURITIES required for possession or control must be determined on a DAILY basis as of the close of business on the preceding day"...
"For securities in deficit, action must be taken no later than the business day following the day on which the deficiency determination is made."

@TradeStation:
Email to MMTLP/NBH Investors, November 2023 (see post below):
"Despite TradeStation’s best efforts, we have been UNABLE TO RECALL a portion of the lent-out shares because there is currently no market for the security. This means that we will not be able to honor some of our customers’ requests to register or record their ownership in book entry form with AST because the SHARES ARE NOT BACKED BY PHYSICAL CERTIFICATES." #SEA15c33

"If the Registration Statement is declared effective by the SEC, TradeStation will FULFILL ITS OBLIGATION to transfer the current list of clients who own NBH of record to AST."

Tradestation Customers:
Next Bridge Hydrocarbons has priced their offering. Notice of Effectiveness is imminent. Tradestation promised you they would fulfill their OBLIGATIONS. MAKE THE CALLS!!!

@SECGov @SECPaulSAtkins DO YOUR JOB, ENFORCE THE LAW!!!
MMTLP MMAT TRCH

You cannot stop what is coming...#FO

[George Palikaras @palikaras]

What the BSS PIA actually says

The “Bluesheets as a Service – External System (BSS)” Privacy Impact Assessment (PIA) is an official SEC Division of Enforcement document describing the system used to ingest, store, and process blue-sheet trading data, including sensitive PII.

The key word is “External”

Because BSS is classified as an "external" system, it is not built, owned, or operated inside the SEC’s own infrastructure.

It is provided to the SEC "as a service".

The operator is @FINRA, the same organization that already runs the Electronic Blue Sheets (EBS) platform used by broker-dealers.

So how does the data actually flow?

Here’s the real pipeline:

1. Broker-dealers respond to blue-sheet requests by uploading files to FINRA.
2. Submissions move through FINRA systems (SIAC, Request Manager, fileX) under FINRA Rules 8210, 8211, and 8213
3. FINRA uses those files for its own regulatory purposes
4. FINRA then routes that same data to the SEC, now through the BSS system described in the PIA

So the SEC receives processed outputs, not raw, independently verified source data.

PROVE ME WRONG. #BlueLedgerAI

Why does this matter?

History shows that when blue-sheet data is wrong, the problem almost always comes from broker-dealer systems, not from independent regulator infrastructure.

Firms have been fined (slaps on the wrist) for years of inaccurate or incomplete blue-sheet submissions caused by “coding” or “systems” errors, just like those found in MMTLP, often discovered only after regulators cross-checked the data against other sources, which can take YEARS.

And that’s the issue. The pipeline is:

1. Broker-dealer systems → 2. FINRA-operated SaaS → 3 SEC investigators

The PIA does not describe any built-in, independent validation of those submissions.

Unless the data is separately reconciled against CAT, exchange feeds, or internal firm books, there is no obvious third-party verification layer.

And that reconciliation is not described as a standard feature of BSS in the document.

PROVE ME WRONG. #BlueLedgerAI

The unavoidable conclusion

Despite being framed as the @SECGov's blue-sheet capability, BSS is functionally a @FINRA-operated SaaS platform, fueled by broker-dealer uploads and governed by contracts and policy, not by infrastructure the SEC directly owns or independently verifies.

That means critical enforcement data flows through a concentrated, opaque stack sitting inside the same ecosystem it is meant to police.

That’s the structure.

Now lets find out if there are any concerns on who may own, control, influence and otherwise benefit from this structure... shall we?

[X Market News🚨 @xMarketNews]

If you have 100,000 shares, the company will give you 3k+ more shares as a dividend👏

[chicken🐥nugget @MmtlpD2627]

That's code for "I'm a little busy right now because APOCALYPSE 🔥 IS HAPPENING" 😆

Resolve MMTLP, assholes. Suck it up!! 👑

[Ann Vandersteel™️ @annvandersteel]

For anyone who has been a victim of NAKED SHORT SELLING...

This will be one to watch.

I hope to be able to broadcast this news soon too!
@palikaras

[JunkSavvy @JunkSavvy]

OH, I GOT QUESTIONS...
⁉️I wonder what Tradestation is going to do since they already admitted they don't have shares to deliver on the MMTLP⏩NBH spin-out because the shares in investor brokerage accounts are "NOT BACKED BY CERTIFICATES"???
⁉️How are they going to get their investors the dividend shares if they can't deliver the spin-out shares to shareholders in brokerage accounts in beneficial ownership???
⁉️Wouldn't it be interesting if shareholders in brokerage accounts received the dividends in their accounts anyway???
⁉️Wonder if any other broker is experiencing the same problem???
🚧Sounds like Tradestation and any other broker who has FTD'd better get to steppin' on covering their obligations to deliver the SPIN-OUT AND DIVIDEND SHARES...
🚧Brokers (like the "group" represented by the FIF) can't hide behind FINRA's U3 halt anymore as shares are "available"...
🔜I think we are about to find out which market participants cover their bets and which are just "gypsies, tramps and thieves"...
(Who doesn't enjoy a well-timed Cher reference???)
MMTLP MMAT TRCH NBH

They cannot stop what is coming...🍿🍿🍿

[Next Bridge Hydrocarbons @nbhydrocarbons]

Next Bridge Hydrocarbons Announces Special Dividend of Common Stock

https://t.co/wUmSuD0kAe

[Henrich 🇸🇰 Next Bridge Hydrocarbons (MMTLP) @Henrich7777]

@JunkSavvy @enthused08 There must be some mix up the dates @JunkSavvy

[Smash @Smash2j20x]

#MMTLP
Why aren’t you going after the biggest criminals @FBIDirectorKash the SEC FINRA DTCC stole retail investors investments retirements all our money please help MMTLP do the right thing