Day 1 in the books of the long driving journey. Was able to have a lengthy call with the attorneys on potential paths. Investigating possible paths and re-convening later in the week. We are on it, this will not be swept under the rug..
#MMTLP
$MMTLP
Background. Flamethrower = me and 3 other OG TRCH folks. We together have funded the DD process with Wes and team. We will go where that DD takes us and make appropriate decisions when we have the data. Not afraid, ready to take action! All $MMTLP fam will be kept in the loop
News of the day! $MMTLP
Not the best kept secret, but see below.
@cvpayne
@rogerhamilton
@HAMShortkiller
The fight just got more intense. There was a reason I changed the image on my profile a few days ago, now you know!
FINRA admits that shares can be held by foreign and overseas custodians, of which they have no jurisdiction. Which means short interest reporting and policing of naked short selling is a sham. Why would the
@SECGov
or
@FINRA
allow a US Security to be "offshored" and/or never…
@MMATNEWS
For clarity, we did not intend to trap them using the pref share, but it ended up being a consequence because they traded it. We used the Pref to isolate the value of the O&G assets for the TRCH OGs. They made this a problem, not us.
Credit goes to another unnamed shareholder. FTDs all the way through the 12th. How does a stock that is halted have this happen? How does a private company have FTDs? Enquiring minds want to know
@FINRA
@cvpayne
@GaryGensler
Day 2 of drive done and back in the saddle. Saw the "chill notice from DTCC". Very interesting. Met with Share Intel today. They can be of great help I believe. Reconvene again tomorrow with attorneys. $MMTLP
#MMTLP
and thanks to
@HAMShortkiller
for the intros to both.
Thanks for holding her feet to the fire
@cvpayne
. She is well versed in dancing around the issue, as they all are. Comical that she suggested we contact the SEC!
For clarity. Wanted to let everyone know that I resigned my role as consultant yesterday with MMAT so I could be free of any misconception that I speak for the company. My tweets are my own, and my opinions only. Still strong with
@palikaras
and MMAT, just need to be free
It's Monday, so I emailed
@FINRA
again. yvonne.huber
@finra
.org
Updated my list of questions. Will keep sending daily till we get a response. $MMTLP
@HAMShortkiller
Please join me $MMTLP army in reaching out to her.
Just found out that
@FINRA
is stonewalling congress because of the lawsuits. I can only assume that is Roza's and Richard's lawsuits. Maybe Alain's too. Keep up the pressure.
2) $MMTLP HOWEVER, this f*ckery is personal to me. I've endured Short and Distort and naked shorting for too long, along with our holders. Time is now to play the cards to the bitter end. Never Quit 'til they are exposed! Stay strong on this journey. We want the $$ + justice!
@cvpayne
$mmtlp Thanks Charles for the time. The entire story is complicated and lengthy but I really appreciate you letting us shed some sunlight on the problem today with this interview. Merry Christmas and we will keep you informed on how this ends up.
.
@SenWarren
Urge investigation into halt of MMTLP trading by FINRA on 12/9/22 Decision negated the interest of retail investors in favor of protecting short positions. Protect retail investors in stock market! Details:
Purely my opinion, but I agree with Tony. When you short a share you take on infinite risk. Period. When you naked short a stock, you have now not only taken on infinite risk, you have also counterfeited a SECURITY. This is FRAUD and should be punishable by prison time. Now…
To those who SHORTed $MMTLP and now hold SHORT positions in
#NextBridgeHydrocarbons
:
Do you think you're negotiating for settlement at a lower price?
You're negotiating to stay out of PRISON (for a very long time) for counterfeiting.
$MMTLP thanks
@RepRalphNorman
for the questions and exposure on the $MMTLP situation. I can guarantee you he knows more than he is letting on here. Happy to work with your office on anything you may need in crafting your letter. BTW, he was disingenuous when he said the…
Don't know who got this, but can you say smoking gun? The blue sheets were pulled. They knew and halted because of what they saw on the Blue Sheets!
@davelauer
@cvpayne
It's time for
@FINRA
to come clean....and yes, I checked Sam works for FINRA.
This is excellent. What this tells you is that the settlements in $MMTLP did not go through the DTCC system (CNS) but rather broker to broker, which is where the failures go to hide. First time I have viewed this document.
Just to get this correct, AGAIN! The CEO and management of MMAT were in charge of the Series A Pref when it became tradable. I was the person who notified OTC that it wasn't supposed to trade. I was the one who called the company to plead with them that this was not supposed to…
This sucks doesn’t it. Two titans
@Dougielarge
and
@ltabb
twitter sparring over if the politicized REGULATORS should be able to get a simple share count? didn’t know CEO and Management Sold. Doug and LarryTabb and
@CGasparino
all agree a share count would solve the problem.…
$MMTLP holders, please fill out this form. It is the first step in the process of determining if there is an imbalance in the number of shares issued and what you own. This info will determine which BDs have been playing fair, and which are culpable. Don't BS, won't work.
Happy to report that the congressional outreach is working
@FairMarketsNow
. Keep up the campaigns as they are being heard. I was on a call yesterday with the attorney for the rep we have been working with. The $MMTLP story is spreading inside the capital. Keep pushing!
For those who begged me to do an interview with Investor Place, now you know why I said not only NO, but F*_k NO. Completely negligent and immoral organization. I am not going after MMAT, I am only investigating the nefarious actions that happened in $MMTLP.
#investorplacesucks
$MMTLP family. Since
@FINRA
has passed the blame and responsibility of closing short positions on the BDs, we should ALL be calling our BDs and ask them how they are going to close out their short positions and why have they not done so already? In writing, ask them if they…
$MMTLP Got a private message from a shareholder expressing our position as MMTLP / NBH shareholders. WE ALL hold together 3.2 Billion Barrels of Oil that the world desperately needs and 500 million shares of NBH authorized that the shorts desperately need. Think about that!
Does anyone else find it odd that Forbes, WSJ, and now Cramer on CNBC are all chiming in on something and trying to change opinions, one day ahead of a meeting with FINRA and congressional staff, and one day ahead of a filing in NY court on FINRA releasing the blue sheets?
$mmtlp
@johnbrda
@jimcramer
what an embarrassing moment for cramer. He don't even know how to pronounce it correctly. Atleast get it right. Thanks for the national spotlight.
Have to admit, pretty depressed last 2 days as I scratched my head to figure out what I had wrong. Turns out, I won't know any of that until trading is completed Monday. I put together a list of things that should be true, please share and add to it, if I missed something.
I /We have been advised to NOT publish a PR on our thoughts of the
@FINRA
FAQ. I have been and will continue to like and share not only thoughts we didn't think of, but also thoughts that are very similar to what we were thinking. Also, as I have stated before, FINRA is not…
1) $MMTLP fam. For those asking about NBH and the potential there, you are all in good hands. The team is very strong and more importantly, the Oro project has the potential to be game changing. HOWEVER...
For Clarity: Yes
@FINRA
is clearly culpable IMO, however, there are plenty of bad actors we are investigating including MMs, BDs, HFs who ultimately committed these acts that
@FINRA
failed to police. These investigations are ongoing and ultimately the $MMTLP fam will see them…
You hear that
@FINRA
? No one wants to invest in a lawless market. Your lack of oversight and allowing illegal activity will be the death of the US financial system. It’s not too late to take action. $mmtlp
@bzztbee
After Sunak statement that UK would not implement
#CSDR
, inward foreign investment in stocks dropped from zero to ⏬ negative £30bn in 2 years. No body wants to invest in a lawless market.
.
@SenJohnKennedy
Urge investigation into halt of MMTLP trading by FINRA on 12/9/22 Decision negated the interest of retail investors in favor of protecting short positions. Protect retail investors in stock market! Details:
This may be the single best article I have read regarding the breadth and depth of our Naked Short Problem. Remember my statement about Europe and how a friend told me on Dec. 9th, that our problem was in Europe and its massive? $MMTLP holders and…
Maybe you should extend your investigation into June of 21 when OCC approved options on $TRCH and then instructed MMs, but NO ONE else, that they were not going to require settlement of the dividend and try to get it to (Pref) trade against Company wishes. A reply would be nice.
Today we announced that The Options Clearing Corporation will undertake remedial efforts and pay $17 million to settle charges that it failed to comply with its SEC-approved Stress Testing and Clearing Fund Methodology rule during certain times between Oct 2019 and May 2021.
Very true, everyone knows if you short, you take the risk to infinity 🚀🚀. Certainly
@FINRA
knows this and
@AriGTSX
should know this too. Not $MMTLP holders fault they got boxed in by their illegal activity. BE TRANSPARENT Finra, tell us what you really know!
$MMTLP
@johnbrda
and the team changed free market history is one simple move. The laws are clear. There is no cap. Our "place holder" is worth infinity according to the laws.
@XxxBigOPxxX
@SmokeyStock
@palikaras
everyone is is pissed, but please don't insinuate that
@palikaras
or myself had any knowledge that this is what was going to happen. We have been fighting for all shareholders in MMAT and MMTLP all along. I assume you want us to continue the fight?
$mmtlp If 64,000 investors can contribute $15 each, we have the legal right to file the largest class action in trading history. Enron shareholders agreed an out of court settlement of $7.2bn. We will wait for any behind the scenes negotiations before making our decision
@SECGov
Happy New Year to all $MMTLP community members and shareholders. Wishing you all a safe and prosperous new year in 2024. Stay the course, justice and change is coming!
$AMC $GTII $FNGR $GNS $MMAT $MULN $GME
All communities have made great strides, keep pushing.
Did an interview with Let It Trade. Hope you like it. Thanks to the nice folks at Let it Trade, and all of the other people who have been battling and places to find info like MMTLP Studios and MMTLPResources as well. Share with everyone, we are all in this together.
While you're at it, we have a tremendous amount of questions about an even bigger scam on the US capital markets and its frozen in time, like Pompeii. $MMTLP. Ask GG what is being done about it, even better, I have a list of about 40 questions you can ask! Who do I reach out 2
Since
@garygensler
won't abide by his own polices to "come in and talk”, the House GOP will hold him accountable. Today, as promised, our oversight of the
@SECGov
begins with a request for documents surrounding their interactions with
@SBF_FTX
,
@FTX_Official
, and
@TheJusticeDept
1)
On a plane for the last couple of hours, seeing all the tweets and thinking about them. I am genuinely happy for each and every one of you for coming together for the betterment of all. It was exciting to be a part of.
just saw this too.....really is unbelievable. The system is corrupt to the core and we all got taken by
@FINRA
, BDs, HFs.....I am sure I will be on with attorneys all day. 🤮🤮🤮🤮
In the past couple of weeks I have been desiring to speak about the $MMAT debacle and how I would have handled it. I am sharing and doing a bit of Monday morning quarterbacking, not knowing if any of this has been discussed behind closed doors. Just sharing my opinions.…
@RaemenSoups
I would be careful. We are lawyered up and will not hesitate. Facts matter, not looking kindly on your hashtag....George's tweet was in response to the ten days it took them to approve the corporate action, which btw was NOT was in the S1. Reading is fundamental, try it
$MMTLP, after watching
@tonys_twits
video, don't be surprised to start getting calls on Monday from your BDs looking to buy your shares privately. I think they will try $2.90 first and then move up till they find buyers. BDs with smaller problems will do this to get covered. IMO
Time for a deep dive. From order sheets provided to me by a shareholder, Identified 2 MMs who started trading on MMTLP. From my knowledge on 211 filings, the first 30 days you can only have 2 MMs on a quotation. They are GTSM and CSTI. I need help in researching them.
Standby
I am reviewing the response and I am waiting for the SEC response as well.
Before I respond, I would like to communicate with the DD team and NBH.
One thing is for sure is that this statement is not factual...
"it does not appear that Meta Materials took effective steps to…
$MMTLP
@DTCC
#FINRA
Example how the HFs and BDs kick the can in a RTO. Unfortunately for them, NBH is the end of the road and there is no place to hide. Demand from your brokers, the liability cusip they are using for shorts. tag
@SmokeyStock
with them.
BREAKING🚨 Representative Ralph Norman and 70+ Congress Members Sign an Open Letter to Gary Gensler, SEC, and FINRA Demanding Transparency for MMTLP Shareholders
The Letter Highlights Naked Shorting, Counterfeit Shares, and Blue Sheet Data
Thanks
@MikeCrapo
for the questioning. Textbook non answer by
@GaryGensler
. Time to subpoena the information. The capital markets are all fraud, IMO, and they all know and worse, allow this to continue.
I was just about to send my own tweet on this. The foia email said that FINRA pulled blue sheets on $MMAT. What did that info reveal? Was there an imbalance in MMAT too? If they knew and did nothing is that not fraud? $MMAT holders need to know!
@palikaras
@udontknowjack99
@FINRA
We want blue sheets for mmat and torch before merger. We want them for mmat and mmtlp after merger. And mmtlp after halt. If you want to toss in a bonus mmat current as well. We know what we hold.
Broker-Dealers Can Be Held Primarily Liable For Failing To Fulfill Their “Gatekeeping Responsibilities” Of Monitoring Their Clients’ Trading Activities
Good Job Alan, Wes, and teams at both firms. Bodes well for all of the other cases including the potential case that $MMAT may…
These guys (and they actors they employ) were short TRCH, now short MMAT, and likely have an uncovered short in MMTLP.
They will not stop unless we keep the pressure up! We control the outcome....
$MMAT
$MMTLP
$MMTLP Clearing up some issues on the voluntary confidential request for stock holdings in BDs.
This task has been published because we want to be able to verify and track the amount of shares owned by the public vs. shares that the BDs and clearing houses got in the bulk…
Love that
@rogerhamilton
is fighting for his shareholders. First step for CEOs, understand your shareholder base and what they are asking of you. Retail wants a fighter to stand up for their rights and push back against corruption.
There is no doubt that this halt has created a massive chill and panic amongst holders. IF and WHEN
@FINRA
or
@The_DTCC
comes up with a solution for $MMTLP, IMO, some investors will panic and just want out of the trap, understandably so. Others will sell at THEIR price.
I expect tremendous volume and volatility for the next 4 days in MMTLP. Enjoy the ride and make your own decisions....do what is best for you and the stock YOU own. We have all been waiting a long time to figure this out. Could this be.....
.
@RepLeeZeldin
Urge investigation into halt of MMTLP trading by FINRA on 12/9/22 Decision negated the interest of retail investors in favor of protecting short positions. Protect retail investors in stock market! Details:
@rogerhamilton
@cvpayne
@FoxBusiness
Would be great to do this in setting away from your show,
@cvpayne
so we have time to get into details. A roundtable of sorts with potentially 3,4,5 CEOs, Wes and yourself asking probing questions. Edit bites for your show but post full interview online.
.
@RepAnnWagner
Urge investigation into halt of MMTLP trading by FINRA on 12/9/22 Decision negated the interest of retail investors in favor of protecting short positions. Protect retail investors in stock market! Details:
2)
Remember to do what is best for you over the next trading days. When this is over, please join me in support of MMAT as
@palikaras
and his team have something very cool going. I can feel it in my bones.
Be on the lookout for some cool new ventures I will be tweet about
I Hooked up $MMTLP &
@johnbrda
with The top Naked short selling Lawyer
Lets see if they can work together
$GTII and $FNGR have Wes. Who else will join up $CRTD or $WULF Or all 3
Hey
@cvpayne
The army is growing everywhere
I was told on Dec. 9th, by a friend who works at one of the houses/MMs that the problem is enormous and originates overseas. Interesting that most of the names of companies shorting stocks overseas are wholly owned subsidiaries of US based entities! I was also told that these…
@MMAT_MMTLP_JEDI
@FINRA
@AriGTSX
I can shed some light on is timing of shares. AST will issue shares tonight, including to DTCC for street name. DTCC sends back the BDs names and allotments, BDs get notified of their allotment and then balancing needs to take place. IOUs, Nakeds, Shorts. Up to 2 weeks per S1
On this somber anniversary of the halt in $MMTLP, I wanted to re-post this from the morning of Dec. 9th, '22 before I knew of the halt. Pretty accurate. As we sit here a year later, we have made some progress, but not enough. Knowing what I know, I feel very confident in…
Have to admit, pretty depressed last 2 days as I scratched my head to figure out what I had wrong. Turns out, I won't know any of that until trading is completed Monday. I put together a list of things that should be true, please share and add to it, if I missed something.
@PaulusGreatus
HISTORY LESSON:
$MMTLP is a dividend placeholder, NOT a stock.
MMTLP was given to TRCH shareholders, NOT sold by the company.
TRCH never authorized it to trade.
NBH is the dividend PAYMENT.
Failure to pay NBH to shareholders violate U.S. & International Securities Laws.
Interesting that there was no mention of their obligation to police the BDs, MMs, and SHFs under their purview! Trying to place 100% of the blame on BDs. I believe we have BDs correspondence that says they will force shorts to cover, but were waiting on instruction from
@FINRA
…
100%. It is illegal to short a stock ahead of an offering (Reg M). It is also illegal to cover a short with offering shares. It is also illegal to short against a warrant.
FACT: They all do everyone of these things, and guess who allows it.......the Prime Brokers that clear…
@BasileEsq
They all do this
The SEC investigation is focusing on allegations that some hedge funds improperly used advance knowledge that a company is planning a PIPE deal to short the company's stock.
@cvpayne
@rogerhamilton
should go on
@cvpayne
show on Fox Business with Wes Christian and
@johnbrda
and a few other CEOs to discuss counterfeiting of your companies. One hour special. It would be shared across social media by tens of millions of retail investors. $GNS $MMTLP
Not saying this is real, but someone in the $MMTLP fam surely knows someone at Citadel, or Kerrsdale, or another short seller. We need to be properly educated on all the tricks so we truly know what we are up against. Any whistleblower patriots out there willing to help?
The $MMTLP is very knowledgeable and needs to be represented at your meeting this Friday.
@johnbrda
would be a great choice. Please invite and allow him to attend.
These guys were big in MMAT, maybe just maybe the worm is turning. Long way to go, as they ALL do it. The short against a warrant in every deal and drive companies into BK or more bad financings. A warrant is not a borrow. It is being allowed by the prime brokers and it needs…
We charged investment adviser Sabby Management LLC & its managing partner, Hal D. Mintz, with fraud in connection with a long running scheme involving misrepresentations & violations of rules for short selling & order making, & other violative trading.
@SawyerMerritt
@Tesla
Tesla will continue to use outside litigators, but it’s important to build a powerful litigation team internally, so that we’re not always on the defensive.
We’ll also go after the Wall St short-sellers, certain law firms & (sometimes) corrupt regulators who are the true evil.
Guys! I finally just received a call back from the SEC in regards to $MMTLP. This gives me hope going into next week. Hope this leaves you with some too 🙏🏽
#FINRAFRAUD