@Giftsonglass @RepRubenGallego @RepEliCrane Why is that Pete Sessions contacted #FINRA on 12/6? Why was nothing done then? What did Pete Sessions know then and did nothing? Did HE have something to do with the halt? Something is rotten in Denmark with all this.
@shandor423 As is $FNGR . Garbage company, CEO has no clue. Just another failed attempt by your leader Ham Bone AKA Gary V the short seller. Well he did succeed in people losing thousands in the hopes of making money.
🚨MMAT / MMTLP / TRCH
📄 DTCC Delay Timeline - a closer 👀
⚖️June 16, 2026 - Hearing Before Judge Gary Spraker
⚠️Not Legal Advice
The Trustee’s June 11 filing paints a clear picture:
DTCC has been delaying production for more than a year while statute-of-limitations deadlines continue to approach. ⏰
📅 Key Timeline
🔵March 2025
Trustee serves Rule 2004 subpoena on DTCC.
Production due April 8, 2025. ⬅️⬅️⬅️
🔵March 26, 2025
DTCC acknowledges subpoena.
Requests extension and protective order.
🔵April 7, 2025
Trustee grants DTCC a two-week extension.
🔵June 16, 2025
DTCC states it can provide:
•Participant Daily Activity Statements
•CNS Reports
•UTC Reports (including Correspondent Clearing Data)
for approximately $25,200. 💵
⸻
🚩 October 2025 – Frustration Boils Over 🔥
🔵October 21, 2025
Trustee counsel David Burnett warns:
“If we don’t hear from you this week we plan to file a motion to compel.” 🔥
Later the same day, Burnett responds to DTCC:
“You are the one that has not responded to our questions for four months or given edits or comments on the protective order for five months.” 💥
DTCC responds that production would occur only under an:
“appropriately scoped Rule 2004 subpoena”
and continues to reserve objections.
⸻
🔵November 4, 2025
Burnett follows up again:
“Please provide us the courtesy of a substantive, timely, and constructive response.”
and warns:
“If you continue to delay we will enforce our rights with the court.”
⸻
📅 March 26, 2026
DTCC finally makes a partial production.
However, Trustee says the critical transaction-level Correspondent Clearing Data was missing. ⁉️
⸻
📅 April–May 2026
🔵April 24
Trustee requests missing Correspondent Clearing Data.
🔵May 5
Another follow-up. Still unresolved.
🔵May 12
🚨Burnett warns:
“Because of the time-sensitivity on our end and this dragged-out process, the Trustee is prepared to move to compel.”
🔵May 21
DTCC responds:
IT team is still working on the report and having difficulty with aged data.
🔵May 26
Burnett replies:
“We would like to get the additional data as soon as possible given time-sensitivities on our end.” ⏰
⸻
🔥 Key Statements From Burnett’s Declaration
📆Over One Year of Delay
“I have been corresponding with DTCC’s in-house counsel… for over a year.”
➡️More Than 40 Emails
“I have sent more than 40 emails to Ms. Bandler since spring 2025.”
➡️Weeks Between Responses
“Ms. Bandler did not respond to some of my emails, and in some cases she did not respond for weeks.” 🌶️
➡️Statute Concerns
“Statute of limitations deadlines make DTCC’s immediate production of the remaining discovery very time-sensitive.”
⸻
⚖️ What To POSSIBLY Expect Tuesday ⚠️NLA
Judge Spraker will likely focus on:
What specific data remains missing?
Can DTCC actually produce it?
How long will production take?
How do the statute-of-limitations deadlines impact the estate?
The Trustee’s filing appears designed to show:
✅ Subpoena issued March 2025
✅ Extension granted
✅ Protective order negotiations
✅ 40+ emails
✅ Partial production only
✅ Missing Correspondent Clearing Data
✅ Statute concerns repeatedly raised
If DTCC arrives without a firm production timetable, Spraker may push for specific deadlines, status reporting, or a path toward a motion to compel. The filing strongly suggests the Trustee is documenting a year-long pattern of delay and connecting it directly to potential claim deadlines.
⏰⏰⏰⏰⏰⏰⏰⏰⏰⏰⏰⏰⏰⏰
🤔 With the Trustee now requesting a status hearing regarding the missing DTCC data, I wonder if Judge Spraker will add the issue to the June 16 hearing that’s already scheduled. Will the DTCC matter be addressed then, or will the Court set a separate hearing date?
@Carlton62980209@AznPwr86@JunkSavvy I'm sure they can figure a way for shorts to use shares purchased from NBH to cover. Look at what they have done to shareholders thus far.