Mmtlp s1 filing

 

You cannot transfer short shares to a private held company so all the shorts have to cover before NB officially owns all MMTLP shares. So keep in for the possibly bumpy ride and don't get married to the Dec 2 date and any T- dates inbetween. 90 to $2. A private held company. And even if it's not fully locked up. Hello RP It would be nice to get a cash divi on the spinoff. MMTLP - $320 MMAT $64. gov. It warned a short squeeze "might" result in MMTLP prices far exceeding the underlying value of the stock in the run up to the last days of MMTLP trading and the completion of the spin off. MMTLP Dividend Update: S1 filing coming soon By Bird Lady Rollerpigeons. I know it’s not a popular move but because MMAT is so low, really considering selling all 75,000 MMTLP at $1. Mar 16, 2023 · On July 15, 2022, the company filed a Form S-1 registration statement with the Securities and Exchange Commission (SEC) to register the issuance of the common stock of Next Bridge Hydrocarbons, Inc. sec. Data provided by Edgar Online . All the low value given to the assets and stock in the text in the S1/A is because NextBridge (NB) does not yet exist. There has been a lot of attention paid to the language in the latest S-1/A filing noting the potential for The second amended S-1 still discriminates between registered shareholders by treating banks, brokers, and nominees differently than other registered shareholders of the same share class. 17 votes, 70 comments. com Mail, Shipping and Handling S1 Filings are gone for MMTLP. A striking omission from your article is the rigorous process Meta Materials underwent to obtain approval for the S1 spinout. Fidelity and MMTLP-1099 Treatment. That way it lessen the damage for Hedge Fund buddies. With hundreds of millions of offshore counterfeit naked shorties desperate to cover, imagine the lucre that could be had if it would only trade. ADMIN MOD. Purchases of MMTLP executed after 12/8/22 will not receive the distribution. Discover real-time Meta Materials (MMTLP) stock prices, quotes, historical data, news, and Insights for informed trading and investment decisions. They changed the placeholder (stock ticker) to MMTLP. MMTLP - $640 MMAT $128. No instructions from AST have been sent the brokers yet. When the last filing is amended and accepted by the SEC will the filing contain any info about potential values given to the new NB shares. One of the purposes of the filing is to prepare all investors for anything that could go wrong in case something does go wrong. Any security that meets the Feb 21, 2024 · Too bad. Per the S1 there are not currently negotiations for the sale of NBH - so while their is speculation on the value, no one, including SHF, knows the ultimate value of the MMTLP share once converted to NBH. After a long delay of releasing the 1099 tax forms to your clients holding MMTLP, we have finally received them and come to find that you have not only altered our cost basis and time of purchase, but also have listed the event of MMTLP converting into next bridge hydrocarbons as a sale of assets subjected to capital gains tax. 69 (+/-57. News / Events. Now the new S1 filing as of July 15, 2022 specifies the TRCH assets (MMTLP) are to become it's own company (spun off). Meta Materials Inc (OTCMKTS: MMTLP) Short Squeeze S-1a4 Filing Signals S1 Approval Could Be Days Away Article on Microcapdaily We are in the countdown for S-1/A 4 final approval. For example if you think the final pay out will be $50 per share On 11/22/2022, shares of MMTLP reached an all time high of $12. Let me talk a bit about that last point. 98 cents. This "the dates were in the S1" keeps getting repeated, but no trading dates were in the S1. 96, and during the day (based on 14 day Average True Range), to move between $1. MMTLP - $80 MMAT $16. If you read the information on the SEC website, it will tell you what I have said in my 1st sentence MMTLP is the Preferred Shares that were issued as a special dividend. Lots of people ask why shorts just dont cover already, thats because there were some correction with the cusip numbers, shorts didnt knew what stock they had to buy to cover, MMAT or MMTLP. It's a PITA as GME shareholders have found out. SpeeZzo. 7 and 8. We have started to discover that brokers are charging HUGE fees to transfer our shares, and they have physical shares (supposedly). Oct 13, 2022 · MMTLP is now trading at $6. The strategy supposedly netted the short sellers with hundreds The S1/A tells us exactly how the shares in NextBridge will be delivered to holders of MMTLP. All shares will automatically be DRS'ed per the S1 filing as it spins off into Nextrbridge Hydrocarbons. This was a no-brainer, glad the got it right this time. No if's , No and's , No but's ! They HAVE to cover. The S1 itself states what happens. Might be premature to DRS right now; you'll have time to DRS if needed after S-1 filing is approved. We know this last filing states that MMTLP share values will vary (depending on how much shorts need to cover, hopefully). Company Info. Who is the transfer agent and registrar for the NBH common shares? Equiniti Trust Company Equiniti Call Center Toll Free: 800-937-5449 Local & International: 718-921-8124 Hours: 8 a. 8 million shares prior to the spinout. In other words, in order to receive the Next Bridge shares the individual would have to own MMTLP shares on December 12, 2022. Nov 13, 2022 · Meta Materials Inc (OTCMKTS: MMTLP) is the placeholder for the Next Bridge Hydrocarbons Spin off from Meta Materials. ") The broker will log onto the DRS or Profile system to enter the necessary instructions. PERIOD ! The new S1 re-file changes nothing . ago. That is the reason people will not sell their MMTLP for less than they believe the assets are worth. The biggest change is the S1 now treats all holders equally, so NBH is no longer discriminating against institutional investors. (Next Bridge), which at that time was a wholly owned subsidiary of Meta Materials. However, we knew this would not happen until the sale of the assets. youtube. 51 break point and confirmation of another massive leg up as we wait for the S-1 to be approved. Both of these things are in contradiction to the SEC approved With the amended S1/A and some legit clarity on what the plan is, we may indeed see a second surge of peeps moving to AST. RollerPigeons and MarketMoves has great videos explaining the value or the assets. April1,2025 Next Bridge Hydrocarbons Announces Transactions MIDLAND, TEXAS – April 1, 2024 – Next Bridge Hydrocarbons, Inc. 🍺 111 subscribers in the MMTLP_FINRAFRAUD community. Jul 26, 2023 · announces filing of registration statement on form s-1 to benefit existing shareholders that have or will register their stock directly with the company's transfer agent PR Newswire Wed, Jul 26 It's mostly speculation, but short interest on MMTLP by SEC says over 6 million, but the div came from a merger and over 68 million were on record date and there no evidence of almost half the available shares being bought back. This is much bigger than Porsche and lower sax announcing like 95% ownership. That press release was never filed with the SEC. khodakk • 1 yr. (“Next Bridge”, “our”, “we”, or the “Company”), a private oil and gas exploration and production company with interests in Texas and Oklahoma, announced today that it has filed a registration statement on Form S-1 with the Securities and Exchange Commission (“SEC”) related to a distribution by Next Bridge of Could be S-1 approval being withheld as long as possible by SEC until asset has a buyer. As per the S1 prospectus filing, the second paragraph on the first page says: "Each one share of Meta’s Series A Non-Voting Preferred Stock outstanding as of close of business, New York City time, on December 12 Dec 7, 2022 · MMTLP shareholders with settled positions as of 12/12/22 Record Date will receive one (1) share of Next Bridge Hydrocarbons, Inc. For the upcoming trading day on Monday, 12th we expect Meta Materials Inc. Exactly this! Nov 23, 2022 · Subject to certain conditions, including, among others, completion of all necessary actions and filings with regard to applicable state securities or “blue sky” laws and final FINRA approval, for which there can be no assurances that such approval will be given, each holder of Series A Preferred Stock as of 4 p. Jun 7, 2023 · The WSJ’s coverage overlooked several significant irregularities concerning MMTLP. 65 in for 126,000 MMAT at . It says it in the newest SEC s1/A filing. Jan 24, 2023 · <style> body { -ms-overflow-style: scrollbar; overflow-y: scroll; overscroll-behavior-y: none; } . These shares (MMTLP) were soon to become shares of Next Bridge Hydrocarbons expected to be a private company. If the judge read through it before today and used the link she provided, proving it wasnt deleted, and then the judge sees this, FINRA could have themselves some new problems. 69, implying a market cap of $1. Idk where this 165m hard number came in. (Next Bridge). There is a lot of other tax discussion in the S-1, and tax law is complicated, but it seems like there is another potential shoe to drop in 2023 if from MMTLP holders get a tax bill. So my aim is basically to find out whether FINRA neglected the instructions from the SEC about the last day of trading for MMTLP. Jul 15, 2022 · More details about these and other risks that may impact the Company’s businesses are described under the heading “Forward-Looking Information” and under the heading “Risk Factors” in the registration statement on Form S-1 filed by Next Bridge Hydrocarbons, Inc. Symbol: MMTLP will be deleted effective 12/13/22. I suspect that is illegal and is why the S-1 has not been approved by the SEC. COSM MEGA SQUEEZE and ANOTHER PENNY STOCK SQUEEZE!💥$10 Free & 15 Free Stocks Valued up to $2,000 Per Stock: https://j. 6. 8 million shares. If MMTLP doesn't reach $75 within 15 days of the s1 approval you can hold until Nextbridge sells. . form 989 or form 121…. . MMTLP came as a dividend from TRCH shares, delivered in MMAT1 options, or bought OTC after last Oct. The cancellation of the shares by Meta was per the S-1. Where are we right now 1/5/23. Easy money 🤑 💰 🔥🩳 Not financial advice Archived post. Typical S-1 and all of those timelines are for public IPO. Overview. to open at $2. Fidelity states that they used the last market value as FMV for tax reporting purposes and fully acknowledges this is not the “real” FMV as that is Not sure how Webull pulls their info, but that seems more in line with MMAT's share count from its Q1 2022 10-Q. Simply buy and HODL MMTLP as shorts have to cover . FORT WORTH – July 26, 2023 – Next Bridge Hydrocarbons, Inc. Sorry i havent paid attention to this in a while. 65, which gives a possible trading interval of +/-$1. they can " set a price of what they assume thy are worth". 200 million. The open letter is the best chance we have of getting the MMTLP situation resolved, and this Wednesday is the deadline date for signatures. As disclosed in the registration statement, Meta Materials would distribute to MMTLP shareholders one share of Next Bridge common stock per one share of MMTLP held, and would cancel the Series A Preferred Shares trading under the symbol MMTLP. They have now justified why holders at AST are being provided the subscription and since all holders have the option to move shares to AST nobody is being The Form S-1 indicated that one share of Next Bridge common stock would be issued per share of MMTLP to owners of record as of December 12, 2022. Filing from November showed ownership of 19. This is the work of shills pushing a misleading narrative of what is occurring right now. Get up to 10 years of daily historical stock prices & volumes. Perhaps the $206 fee that CUSIP Global Services charges is too prohibitive, or the $309 it would cost for a one-hour turnaround: Source: CUSIP Global Services. Now this stated in the sec s-1/a filing. So whatever the difference is of the amount of accounted shares owned by larger shareholders, original torchlight shareholders, etc gives us an idea of how huge the amount of fake shares sold by MM’s and how many holders there are vs What's not talked about is how this is handled with shares of MMTLP owned in IRA or Roth IRA accounts. Meta currently intends to report the Spin-Off as a corporate distribution (including a determination of the portion of the distribution pursuant to the Spin-Off constituting a taxable dividend, assuming that the Spin-Off is treated as a corporate distribution) on IRS Form 1099-DIV after its earnings and profits for the taxable year in which the The filing states that there are currently 64,000 holders of preferred shares and only 165+ million shares . So we count down days from 11/19 onwards? 15 working days? the date will be announced soon, then the countdown timer begins. ALL SEC FILINGS. I suspect they are leaving it as long as possible and will announce the shortest window they can so shorts have the least time possible to plan/scheme/cover. 09%) up or down from last I think the form 424 will dictate how long the closure window is (10-15 days). Thank you. MMTLP - $40 MMAT $8. Reply. 40, MMTLP is well on its way towards the $7. Unless the hedge funds found a way around it and AMC mmtlp, gns none of them did what Sep 6, 2022 · Chapters 00:00 the Torchlight Energy, MetaMaterials, Series A Preferred Shares, MMTLP, Next Bridge Hydrocarbons story01:07 S1/A Filed01:16 Info about the S1 TD sent out letters April 16 that say they will sell in 90 days for net zero if in tfsa rrsp lira and submit tax forms to cra on your behalf as it became illegal to hold mmtlp on March 2022 by Canada Revenue Agency. The short of it is mmtlp is a potential squeeze dividend play that will eventually disappear and go private once the s1 is approved and mmat is a long future tech play in the early stages of growth with huge potential. Ok everyone brokers have started to get there allotted shares of Next Bridge only about 2 weeks late. Temporary sub for everyone playing the MMTLP Short Squeeze Lots of information going around so I could be wrong here, not financial advice. After filing the S1 Spinout for MMTLP on 7/15/22, the company made four amendments before finally receiving approval on 11/18/22. m. Digital World Acquisition Corp Reaches "Settlement in Principle" With SEC; Must Amend S-4 and S-1 filings and pay $18 Million Fine If Settlement is Approved by the SEC; "TMTG believes it is currently only bound under the Merger Agreement through September 8, 2023" - DWAC DWACW MMTLP for MMAT. on July 7, 2022, the Company’s Form 10-K filed with the SEC on March 1 Question for OP: So this form 424 - how long does THAT take to become effective? We are now 3 working days on from S1A4 or whatever being effective…. Will not be quoted Ex. If shorts actually had to close in the VW squeeze it would have shot over 100k. ET on December 12, 2022 May 18, 2022 · MMTLP WILL HAVE NEW EX-DIVIDEND DATE S1 FILING | MMAT STOCKJoin this channel to get access to perks:https://www. It will become NB (Nextbridge). MULN Mullen Automotive have just made a huge announcement with European sales set to go Fraud after fraud after fraud we continue on and yet it’s as if we don’t exist. ! Also, would love to know if there is a form after the form that follows the S1. MMTLP - $2560 MMAT $512. com/channel/UC8sMwOAkRpkhlqi62-vzL3A/ Dec 8, 2022 · Announcement Revised: MMTLP shareholders with settled positions as of 12/12/22 will receive one (1) share of Next Bridge Hydrocarbons, Inc. I suspect this is not the case. for every one (1) share of MMTLP held. - We're still waiting for the final Subscriptions Rights offering for the Bronco project. According to the Form S-1 filed, immediately after the corporate action, Next Bridge would be an MMTLP will stop trading in a few weeks or so. We are getting closer. One MMTLP (Series A Preferred share) will be exchanged into one Next Bridge common share once the spinoff is completed. It is going private so that all the oil and gas assets can be sold off. AST The shares you are buying right now weren’t made tradable by MMAT - Market Makers made them tradable. Hope that helps. Like a form for a form. As per the S1 filing, it appears that McCabe sold 6. Nov 6, 2023 · On March 16, 2023, FINRA published responses to frequently asked questions concerning the MMTLP corporate action and trading halt (March 16, 2023, MMTLP FAQ). In that corporate action, the issuer decided that MMTLP shares would be cancelled and investors in those shares would receive a distribution of shares of Next Bridge Hydrocarbons, Inc. The price of MMTLP may exceed the value of the assets/dividend from the spin out aka Next Bridge. Nov 6, 2023 · At the end of October, Next Bridge reported an estimate of the share count at AST and once again encouraged shareholders to transfer in an amended S-1. Roza filed last week (her most recent filing). Unfortunately there was a "mistake" in the filings and the organisations who wanted to trade in it made it "tradeable". The trading dates were in an erroneous press release issued by MMAT on 11-25-2022. Company News Quarterly Results Shareholder Letters IR Calendar Presentations Media Annual Meeting. TRCH then did a reverse split merger with MMAT: 1 TRCH became 0. NB has files the S1 file, the same as an IPO. Mar 31, 2022 · More details about these and other risks that may impact the Company’s businesses are described under the heading “Forward-Looking Information” and under the heading “Risk Factors” in the Company’s Form 10-K filed with the SEC on March 1, 2022, with an SEC filing date of March 2, in the Company’s Form 10-Q filed with the SEC on But the S1-A states all shares recorded will be transferred and the # recorded will be determined on record date. MMTLP - $1280 MMAT $256. MarketWatch: Stock Market News - Financial News - MarketWatch May 12, 2023 · Source: S-1 Filing. 27 and $4. This was done intentionally to fuck the shorts. Only way to cover is to buy the the MMTLP stock. The bylaws in the company will not permit the additional creation of shares. However, this does not change the fact that the shorts have to be closed. The Broker-Dealers have shares in AST. for every one (1) share of MMTLP held on Pay Date of 12/14/22 Jul 26, 2023 · MMTLP Next Bridge Hydrocarbons releases a new S1 with a strict deadline to transfer your shares with AST if you want to get the new subsidiary called Newco. MMTLP / Next Bridge. Furthermore, FINRA issued a notice on December 6th saying that MMTLP would NOT be quoted Ex. Sort by: Add a Comment. Short Hedge Fund could just wait to pay cash payout instead of buying mmtlp from market to close out position and see the stock price hit triple digits. 1 Share. – 8 p. Metamaterials provided the Securities and Exchange Commission (SEC) with a S1 filing on 7/15/2022 and after a few minor revisions, the filing was approved on 11/18/2022. Another thing to consider is that it could be Next Bridge waiting to make it effective and not waiting on the SEC. Dec 15, 2023 · All Hands On Deck. 90 last closing price and assess tax based on that? Land around asset starts being bought for crazy prices as S1 is approved and now all positions must close because company is private. Meta Materials canceled the series A preferred shares of Meta Materials that traded under ticker MMTLP. D1 is now official. 640 subscribers in the mmtlp_squeeze community. NO SHILLS… It shows a major increase in Naked short sales just after the S1-A2 was filed, which contained language warning about a potential short squeeze. Currently over $6. None of this is financial advice. Did George cancel the S1? I saw that Finra said that their revised letter supersedes MMAT disclosure agreement in the S1 filing? How can that be when the SEC, who oversees Finra, is the one that approves the filing? Why have the SEC approve the 12-22-2023 S-1 Filing for sale of up to 40,000,000 shares in Nextbridge . IT'S OFFICIAL: “E Dear Colleague” IS LIVE!!! Contact your elected representatives and ask them to sign-on, review, and add their signature to the BI-PARTISAN OPEN LETTER presented by Dec 6, 2022 · Meta Materials Inc (OTCMKTS: MMTLP) Short Squeeze S-1a4 Filing Signals S1 Approval Could Be Days Away (Next Bridge Hydrocarbons Spin-Off) BioPharma 3 years ago Humbl Inc (OTCMKTS: HMBL) Major Reversal as Powerful Advisor Rejoins the Team & Looks to Uplist to Major Exchange 4. 5 days First Form S-1 amendment to second comment letter, 13-18 days Second comment letter to second Form S-1 amendment, 6-16 days Back to MMTLP Overview. 34. FINRA deleted the ticker MMTLP associated with those shares. MMTLP Update: 7-15-2022 S1 is out. 6 million shares. Feb 21, 2024 · My First Impressions of the S1 Amendment #2 for Next Bridge Hydrocarbons (spinning out from Meta Materials)Chapters 00:36 quick overview of MMTLP / TRCH / Dec 9, 2022 · Trading Expectations (MMTLP) For The Upcoming Trading Day Of Monday 12th. The MMTLP Community knows that if AST is completely full and even 1 share from our community is not transferred, FINRA and the SEC are dealing with an oversold and counterfeit share disaster. Probably a data issue since MMTLP doesn't have its own quarterly filings right now. 7K subscribers in the MMTLP_ community. 1 more reply. McCabe currently owns 12. The S1 says that they found more valuable assets. Many are trapped overseas from what we understand and can't buy or sell. Distribution of Next Bridge shares was to take place on December 14, 2022 Jan 3, 2023 · Now, shareholders of MMTLP are pinning the blame on American Stock Transfer (AST) Financial, the Depository Trust & Clearing Corporation (DTCC) and various brokerages through social media. FINRA has continued to receive MMTLP Major Update S-1 is approved/ effective 11-19-2022. The "Close/Last" is the “adjust consolidated close price”. It doesn't matter anyway. The net and In June of this year, '22, we filed our first S1 form, to spin off the assets to NB. They ended up with both TRCH+MMTLP, not only MMTLP. (“Next Bridge,” “our,” “we,” or the “Company”), an oil and natural gas exploration and production company with interests in Texas, Louisiana, and Oklahoma announced today the following: Next Bridge has The steps are as follows: A beneficial owner should call his/her broker to provide instructions ("Please send 100 shares to American Stock Transfer via DRS in registered form. S1 Filings, Comment Letters, everything is gone. Official Response. And now, back to the waiting game. 5 MMAT. My dog told me the S1 filing for MMTLP is the official document from the SSE to recognise the original Torchlight going private. The S1 recommend transferring to AST before the Distribution. The s1 being effective didn't start the clock officially yet, but might be ticking anyway if they are only given a specific set of dates to cover (10 I believe). Once there is an approved S1, we may get a final DRS Rush part Three. Jul 15, 2022 · Learn more in the registration statement on Form S-1, filed with the Securities and Exchange Commission relating to the registration of the common stock of Next Bridge Hydrocarbons, Inc. This is the easy part of the double play . On 11/22/2022, shares of MMTLP reached an all time high of $12. MMTLP - $160 MMAT $32. Oct 24, 2022 · Next Bridge MMTLP S1 Approval version 3, FUD and Short interest data. I know this has been beaten like a dead horse but tax time crunch is coming and want to know how other Fidelity holders in a NQ account treated this. Before you give me the Warren Buffet quote, it’s not about patience. Stay ahead with Nasdaq. 1 billion for Next Bridge. BD's who have lots of clients with MMTLP claim they have shares with AST. ET Monday-Friday Help: AST@equiniti. We are now up to the 2nd amendment, S1A2, and it this last filing Meta including a new section that directly references MMTLP and the implications of the company going private, essentially. Just feel like the Hydrocarbons play may be far down the line and MMAT may come to fruition sooner. Speculation/Theory 💭💬. errorContainer { background-color: #FFF; color: #0F1419; max-width The S-1/A noted that "the MMTLP price per share as shown on the OTC market may rise significantly but not be representative of the value of the underlying shares of our Common Stock that you will receive in the Distribution" Also the Next Bridge filing mentioned that it did not expect to pay cash dividends in the foreseeable future. 4. It took over five weeks to get this S1/A, which is longer than usual. It merely updates the financials since MMAT has now filled Q3-22 and the SEC insists on up to date info in all filings. You can review the most recent filings and other forms at www. We would like to show you a description here but the site won’t allow us. 50. Once its approved the estimated 80 million share short position must cover within the next 15 days, and if they don’t cover their broker will cover the shares for them. The system will create an account automatically at AST, and the shares will be Mar 21, 2022 · SEC Form S-1: The Securities and Exchange Commission (SEC) Form S-1 is the initial registration form for new securities required by the SEC for public companies . Or form “Let’s-Continue-The-Corruption” part 2, revision This is not an IPO. The S1 is supposed to also give the exact date when this happens (expected to be 15 days from approval of S1. MMTLP - $5120 MMAT $1024. Simple answer is to figure that out based on the breadth of information available. This is more unique and requires more attention and can't have confidence in averages. A place for discussions about MMTLP - Memes welcome. Meta Materials Inc (OTCMKTS: MMTLP) Short Squeeze Electrifies as S1 Privatization Filing Imminent (Next Bridge Hydrocarbons Spin-Off) "Meta Materials Inc (OTCMKTS: MMTLP) continues to rocket northbound since our last article on the Company predicting the start of the 2nd wave we are currently on when MMTLP had just moved over $4 per share. This latest filing is an S1-Amendment #1, which means this is an amended S1 to the one that NBH issued back in January 2023. Dec 12, 2022 · The update claims short sellers used a stop loss raid strategy to drop the price of MMTLP from $9. The deletion of the symbol is what is normally down when a share class is canceled. Yahoo Finance Nov 20, 2022 · MMTLP MMAT THIS IS INSANE NEW UPDATE. There is nothing to try to time here. 90 between Dec. Would the IRS look at the $2. Reply Elapsed Time Between Form S-1 Filings and SEC Comment Letters, Range (Calendar Days) Initial Form S-1 filing to first comment letter, 27-28 days First comment letter to first Form S-1 amendment, 9-18. 18. • 2 yr. ry xp hh kc yh du jj iy dm qf