Meta Materials Inc (OTCMKTS: MMTLP) Huge Short Position In Trouble As Hydrocarbon Set On Next Bridge To Halt Trading (George Palikaras & John Blada On Corporate Action)

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    Meta Materials (OTCMKTS: MMTLP) has a very big week ahead as the short squeeze enters the final trading day and an estimated 80-100 million short positions have to be covered. The excitement about MMTLP is palpable, with numbers like $60 per share or $80 per share being cast, and many investors not selling his MMTLP for less than $100 per share. I swear John Burda When George Palikaras We’ve been busy on Twitter as we wait for corporate actions to be processed by FINRA and sent to brokers by DTC. Borrow an additional 291,000 shares and launch three separate short attacks throughout the day.

    the general consensus is MMTLP short positions are between 80 million and 100 million shares.long-term investors such as MarketMoves and Rollerpigeons MMTLP short positions are estimated to be between 200 million and 250 million. These numbers could be very accurate, as John Brda said in a recent call with Rollerpigeons, Terry Younker, and other YouTubers covering MMTLP. “Look, I mean, I think you guys are doing a great job. There are some things I know and some things you probably don’t, but what I do know isn’t important enough to affect what you’re doing. Keep going and keep doing what you’re doing.”

    MMTLP weekend update: MMTLP’s short sale is still short, distorted by borrowing an additional 291,000 shares on Friday alone, launching three separate short selling attacks throughout the day, holding the price above $8 per share. However, MMTLP investors are not selling. distribution Things are about to run wild as the date approaches when 80-100 million shorts have to cover. Expect volumes to start increasing very significantly. FINRA is now processing the corporate action and waiting for DTC to send it to the broker. This article here first turned our attention to MMTLP when it was at $4 per share on October 16th. I will update MMTLP this weekend, make Make sure you subscribe micro cap daily Please enter your email address in the box below.

    Metamaterials Co., Ltd. (OTCMKTS: MMTLP) is a placeholder for the Next Bridge Hydrocarbons spinoff from Meta Materials. Upon completion of the separation, one share of MMTLP (Series A Preferred Stock) will be exchanged for one share of Nextbridge common stock.

    next bridge hydrocarbon is the exclusive developer of the Orogrande Project, an Orogrande Basin asset located in the Permian Basin of West Texas. The Orogrande Project demonstrates the potential for a multi-stack pay zone totaling 600 to 800 feet thick with geological and reservoir similarities to the Midland Basin. 134,000 net acres, 3,150 potential well positions, 3.2-3.7 billion potential recovery (BBL)

    The Permian Basin, also known as the West Texas Basinis a large sedimentary basin in western Texas and southeastern New Mexico, United States, known for its abundant oil, natural gas, and potassium deposits. The Permian Basin is one of the world’s most abundant oil and gas producing regions.The basin has produced wonders 29 billion barrels of oil Since production began in 1921. But despite its rich production history, its best days may still be ahead. Thanks to new extraction techniques, oil companies have finally found a way to unlock oil and gas trapped in unique geological formations with many layers of hydrocarbon-bearing rock formations. Permian Basin operators are pushing oil and gas production to all-time highs. Many of the country’s largest oil producers have long Permian histories Occidental Petroleum, Chevron, ExxonMobil, and Apache, just to name a few.

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    Roller Pigeons said: “John Brda said he was very frustrated with the FINRA approval. Nextbridge has to do it today. Already approved by FINRA The prospectus date is approved by FINRA So what kind of FINRA approval do you need? , the notice of corporate action comes from FINRA The notice of corporate action is sent from DTCC So far, the brokerage firm has not received any notice of corporate action, as the procedure has not been completed, no one has I have not received this notice.After SEC approval and prospectus, FINRA approval, and dates have all been set, approval will be sent to FINRA’s Corporate Actions Department, and FINRA will process the CUSIP change corporate action So FINRA will process the change of CUSIP, change to Nextbridge where CUSIP does not exist, MMTLP will be canceled and given shares in private company Nextbridge Hydrocarbons… FINRA will not notify brokers of this change. they do it daily list…when posted on the daily list…the DTCC will send a notification to the broker. FINRA does not intend to send notices to brokers, but DTCC will when they appear on the daily list. So FINRA has not yet completed this and John Brda is frustrated…shorts are trying to take this information and distort it. There are many short positions that need to be closed. We calculate that there are 216 million to 280 million short shares of MMTLP. It was bare shorts and failed to provide that the position should be closed. ”

    Terry Yanker released another great video As MMTLP said on Friday: ham short killer With around 5,000 followers and many metafams currently following this gentleman, his goal is to expose his naked shorts seller’s Duration… See John Brda Tweet: @HAMShortkiller $mmtlp $mmatI would appreciate it if you could give me a breaking news. Align with the companies you shed light on. John Brda later pinned @HAMShortkiller’s tweet, stating, “$mmtlp Spoke with him great man, i have all the details of the scam so i will give it to the right people for those long time. increase.last night george Parikaras Tweet: “Today, META requested FINRA to stop $MMTLP at the close of trading on December 14th (current distribution date). Please take the time to read S1. Public trading after distribution date is prohibited. i.e. there is no originaldividend date. ” He also tweeted: “Series a Meta preferred stock is not subject to the DTC. A valid Form S1 registration statement discloses this. Upon distribution, the Series A Pref ($MMTLP) will be canceled. (of Designated Certification – In accordance with Section 3(e)”

    Metamaterial News tweeted on Thursday that “the @FINRA page/post on MMTLP has over 150 comments (their Twitter engagement is over 500%).” Over 20 confirmed calls to FINRA for MMTLP. We use your voice as an investor. Now let’s see the action. On Saturday he retweeted:

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    John Brda h John Brda continues tweeting on Saturday About the Corporate Actions Tweet: A friend talked to @FINRA Examiners. He was told that he was aware of the $MMTLP issue but could refuse corporate action or use the rules to require changes to his S1. 6490..The final bullet pt. 6490 reads can be rejected if: Tell me if @FINRA listed $MMTLP without the issuer’s knowledge and with fraudulent information and was rejected for this reason. “While it seems unlikely that FINRA will approve the date of recording and distribution and not process any corporate actions afterward, John Burda continues to investigate the tweets afterward. Saturday: “I I hear there’s been some confusion. @FINRA has not notified anyone. We keep moving forward and will push this forward. ” As in the past report MMTLP has already been widely compared to the recent short squeeze $HKD and overstock $OSTK squeezed from $7 to $120 per share. We will update MMTLP as soon as something new happens, so make sure you are subscribed micro cap daily Please enter your email address in the box below.

    Disclosure: We do not hold long or short positions on MMTLP and have not received any compensation for this article.





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