Mr McCabe, as the largest shareholder, has the biggest skin in the game. You think it’s been tough the past 3.5 years for you only❓
Try looking at it from his perspective. From the GO Org lease not being renewed, to hedge funds going as far as showing up at the school his grandkids attended where his wife taught there for 20 years. Then came the endless disappointment of the simple S-1 process, where the SEC literally made him climb one mountain after another, always one thing after another, back and forth…back and forth…back and forth….
I’ve never met him, but from what others say, he’s smart as hell. So again… let’s get there first and let Mr McCabe drive this home.
Talk about a settlement or a 2-day POC all you want, We can all shine together, until Mr McCabe takes over. MMTLP
@nbhydrocarbons@johnbrda
When FINRA met with DTCC counsel and excluded Meta before the halt, they should have been discussing exactly the kind of reconciliation you just described.
I wonder how much of the conversation focused on ensuring those who were short didn’t have to close out their liabilities.
At this point, we can only hope the trustee manages to obtain the notes from those meetings.
@KnotLegaladvice What process does DTCC (or its participants) use to reconcile share entitlements when customer/participant positions exceed the number of issued shares available for settlement?
@SECPaulSAtkins@SECGov You have a serious issue. You’re deranged to be making statements like that, photographed with service members, while ignoring the service members invested in TRCH #MMTLP.
This will go down in history, with a side of case studies researching how you can live with yourself!
Absolutely not. To all current and former members of the armed forces – this individual is attempting to deceive you! Do not be fooled, and feel free to question my claims!
I urge you to look into the #MMTLP situation, where 65,000 investors, including numerous VETERANS, have been swindled out of their shares and funds by unscrupulous Wall Street players, all while this man and his predecessor have provided them with protection.
@SECPaulSAtkins jut remember that you are on record knowing about 3.5 years long unlawful halt of #MMTLP any you can’t deny it.
$MMTLP
Isn't that interesting timing?
Is it possibly a mix of institutions coordinating selling long positions and/or shorting, profiting on put options to assist in paying for x amount of shares of @nbhydrocarbons? 🔍🧐
The timing certainly is interesting, isn't it? This is not financial advice.
I don't need to tell you this.
Nowhere on my profile does it say that this sunglasses emoji is a financial advisor.
It's a moot point. You listenin' Tom? 😎
Funny @SECPaulSAtkins ~ 65K+MMTLP families have identified swap & security-based swap data reporting, portfolio margining, & product definitions as potential areas of initial focus as well. @DOJFraudDiv@timburchett@pulte@RepLisaMcClain
How was MMTLP sold as a perpetual bond?
🚨 NEW SEC FOIA RESPONSE 🚨
FOIA 26-00651-FOIA
This one matters.
This FOIA requested records showing communications/referrals between SEC Corporation Finance and SEC Trading & Markets regarding Next Bridge Hydrocarbons’ S-1 activity.
The response shows something important:
Once FIF entered the discussion, the tone and substance appear to shift.
Before FIF:
SEC / NBH S-1 communications were largely about registration mechanics, eligibility, disclosure, and process.
After FIF steps in:
The discussion turns to operational market-structure concerns:
• shares on loan
• lending broker-dealers unable to recover shares
• customer protections under SEC Rule 15c3-3
• IRA/tax consequences
• transfer-agent capacity
• whether shareholders should be forced out of bank/broker/nominee holding
One FIF point is especially hard to ignore:
“Because of the prior FINRA trading halt, there are shares on loan that lending broker-dealers cannot recover.”
That is not retail speculation.
That is an industry group raising operational concerns to the SEC about the Next Bridge S-1 process.
And FIF’s recommendation?
Do not force participating customers out of bank, broker-dealer, or nominee custody — because preserving that structure would allow for “future reconciliation of outstanding stock loans.”
Read that again.
Future reconciliation of outstanding stock loans.
This FOIA does not prove every theory.
But it does prove the S-1 issue was not just routine paperwork.
It involved broker-held shares, loaned shares, customer protections, transfer mechanics, and reconciliation concerns.
That is exactly why MMTLP shareholders have been asking questions for years.
#MMTLP #MMAT #NextBridge #FOIA #SEC #FINRA
@FBI@FBIDirectorKash@FBIMostWanted Congratulations, Ken Griffin, Robert Cook, Gary Gensler, FIF, @The_DTCC and Ari Rubenstein.
You've managed to continue your financial terrorism spree without Americas "top cop" noticing.
$MMTLP
My name is Andrew. In January 2022, I made an investment that has since become a wild, eye opening lesson in the corruption that runs rampant on Wall St. A lesson that cost many good people EVERYTHING, including their families, homes, and sadly, their lives. This is our story 🧵.
$MMTLP Apparently there’s been some interest to learn about our situation from people new to it. This is precisely why I created the 3 minute video and the story thread. Easy to understand and evidence based. Use them. If they still want to know more, there’s the timeline.