jeffc

Husband, father, stuck in $MMTLP fighting for resolution. #MMTLPfiasco #WhatsTheShareCount

[Guess Who @RedHeelzz]

Next Bridge Hydrocarbons divvy! LFGoooooo…

Guess you should’ve “fixed it” @SECPaulSAtkins and @SECGov. This is going to get wayyyyyyy more interesting.

Stay tuned. 📺

$MMTLP #MMTLParmy $MMAT

[jeffc @jeffcado1]

#MMAT #MMTLP

[George Palikaras @palikaras]

It is great to be invited, thank you Isaiah @TheRobbCarter 🙏 Right now, with EVERYTHING that is going on (MMAT Trustee, SEC, NBH, new FOIAs, fraudulent transfers, our BlueLedger market integrity AI tool in full development etc) just trying to keep up all new (and several exciting) developments. As the community knows the issues and key findings with #MMTLP extend beyond a single trading venue and/or symbol. I will be heads down probably till August. Then we will have enough time not for one, but a series of podcasts, calls, interviews etc with you and other several media and interview requests. There will be some key things to put on display for all to appreciate the work done. Looking forward to reconnect, I believe Robb has my email and cell number if not, DM me.

[JunkSavvy @JunkSavvy]

🚨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

[Next Bridge Hydrocarbons @nbhydrocarbons]

Next Bridge Hydrocarbons Announces Special Dividend of Common Stock

https://t.co/wUmSuD0kAe

[zing @zing_leo12693]

MMTLP - is Howard Meyerson (FIF managing Director) arguing with the SEC's Division of Trading and Markets and FINRA's corporate action teams. He is pushing back because the Next Bridge S-1 threatened to break Wall Street's electronic clearing plumbing, legally expose massive short/FTD imbalances, and leave the broker-dealers holding the bag for billions in potential operational liability.
@SECPaulSAtkins @JDVance @RepFrenchHill @annvandersteel

[Kurtis @bleedblue18]

$MMTLP Imagine using your big brain to create a system for comprehensive regulatory oversight (Consolidated Audit Trail aka CAT) in your time at the SEC only to leave for a major payday at Citadel Securities and try to dismantle the same CAT.

Imagine serving on FINRA’s Economics Committee, the CAT Advisory Committee, and on the Advisory Board of the Financial Information Forum.

Imagine using that influence to discuss a small, non-trading company’s (Next Bridge Hydrocarbons) pending registration statement and how to dissuade/steer it with other prominent FIF members and the SEC.

Imagine being tone deaf enough to include “market integrity” in your job description as Director of Market Analytics and Regulatory Structure for CITADEL.

Imagine the same firm having to respond in Federal Bankruptcy court to subpoenas.

Just imagine…

[GLASS GUY @Giftsonglass]

#MMTLP
What else was happening on that day?
what are the odds this was MMTLP related?

[KKep @kimkep4796]

MMTLP NBH TRCH MMAT

The following is from a FOIA response received by @ggkoul. The FOIA response is attached below in the Dropbox link. Additional details to follow. Here is a graphic to summarize the response:

https://t.co/ESY0HctLnh

[KKep @kimkep4796]

MMTLP NBH TRCH MMAT

🚨 MMTLP / Next Bridge FOIA Highlights 🚨

Information received by @ggkoul (Thank you Kostas) ⚠️ Not legal advice

📅 Timeline
• MMTLP halted: Dec. 9, 2022
• Next Bridge S-1 filed: July 2023
• FIF begins contacting SEC: Aug. 2023
• SEC/FIF discussions continue into Oct. 2023

👥 Key Players
• FIF (Financial Information Forum)
• SEC Trading & Markets
• Citadel
• Jane Street
• Susquehanna
• Tower Research
• Société Générale
• Fidessa

🔥 Most Significant Findings
✅ FIF told the SEC there were shares on loan that lending broker-dealers could not recover following the FINRA halt.

✅ FIF raised concerns about future reconciliation of outstanding stock loans.

✅ Concerns were raised about:
• IRA-held shares
• Loss of Rule 15c3-3 protections
• Transfer agent capacity
• Recovery of shares/warrants for customers

⚠️ What This Does NOT Prove
The FOIA does not prove naked short selling or synthetic shares.

⚠️ What it does show is that major market participants were discussing unresolved loaned-share and settlement issues with the SEC months after the halt.

❓ Questions Remaining
• How many shares were affected?
• Which firms had unrecovered loan positions?
• What was discussed during the SEC/FIF meetings?
• Are additional SEC, FINRA, DTCC, or Equiniti records still being withheld?

🦋 Bottom Line:
The biggest takeaway is that industry participants acknowledged concerns about unrecovered loaned shares and future stock-loan reconciliation after the MMTLP halt—issues many investors have been asking about for years.

#MMTLP #MMAT #NextBridge #NBH #FINRA #SEC #DTCC #Transparency 🦋⚖️📈

Note: This FOIA response is much more significant than it may appear at first glance because it places several major market participants, technology providers, and SEC staff into discussions about Next Bridge (NBH), MMTLP, transfer-agent issues, CAT costs, and operational concerns during the critical period immediately after the December 2022 halt and while the Next Bridge S-1 was under review.

https://t.co/FJ0W5uNhtj

[Kurtis @bleedblue18]

@Caveatlector12 Check the date and time and then the following texts with fellow SEC Commissioner (at the time) Jaime Lizárraga.

[Kurtis @bleedblue18]

Waiting on the next FOIA’s to be publicized so we can talk about the details.

Some assumptions have been confirmed…AGAIN.

[Stephanie 🇬🇧🇺🇸🦍 @stephmase22]

📣📣NOTHING TO SEE HERE RIGHT SEC 🙉🙈🙊

It's not a lack of evidence. It's a lack of enforcement, punishment, and simply turning a blind eye and allowing it to continue.

We know you know because we have all been sending letters, emails, and FOIA requests for YEARS‼️

[zing @zing_leo12693]

MMTLP 🚨THE SEC IS BREAKING FEDERAL LAW🚨

5 U.S.C. § 552 mandates a strict 20-day deadline for FOIA requests.
MMTLP shareholders have waited 1,278+ days (3.5 years).

This is administrative non-compliance.
With the S1 approved ($15/share valuation) and bankruptcy breaking data open from Citadel, Virtu, and the DTCC, we are not asking for favours we are demanding the law.

We are tracking every new request. ⏱️
@SECPaulSAtkins @RepFrenchHill @JDVance @annvandersteel

[Nicholas Raia @NicholasRaia2]

After listening to today’s #MMAT bankruptcy hearing, it’s clear that @TheDTCC is deliberately stalling on providing the trustee-requested Correspondent Clearing Data. That data would almost certainly expose massive #MMAT settlement failures and connections to #MMTLP corporate action issues. When released, there will be severe damage to the DTCC’s reputation as the reliable backbone of U.S. markets and finally reveal “where the bodies are buried”.

[Stephanie 🇬🇧🇺🇸🦍 @stephmase22]

📣📣SEC PAUL ATKINS WE'VE DELIVERED 🤡🤦‍♀️

What has Paul Atkins delivered 🤷‍♀️
He neutered the CAT Consolidated audit trail.
Pushed back disclosure deadlines.

"SEC Chair says Hedge Funds may have to submit less data."

WHAT DID YOU DELIVER PAUL❓️
US SAFEST PLACE TO INVEST 🤣

[Stephanie 🇬🇧🇺🇸🦍 @stephmase22]

📣📣FORENSIC AUDIT THE DTCC

DTCC, they hold the bodies of the crime.

[Tevern 🦋 @Tevern4]

Settle the bloody trades @SECPaulSAtkins
MMTLP ~ MMAT are NOT going away

[jeffc @jeffcado1]

I’m going to @gbchanssey’s upcoming Space. Will you join too? https://t.co/NA52EEJRmr

[Chris G @808CG1]

MMTLP NBH MMAT #RICO

Another day, another reminder of why we’re still waiting 1,200+ days for answers on MMTLP. The same regulators who created this fiasco are still in their seats and Congress.

What many suspected in $MMTLP $GME $TLSA $AMC and others: oversight stalls when too many lawmakers are trading the very markets they’re supposed to police.

Three and a half years. Zero transparency. Zero accountability. But we keep pushing.

Thank you to everyone staying focused.

Remember… Focus.

[KKep @kimkep4796]

https://t.co/9bLlHUJRdE