Meta Materials Inc (MMAT)

[SF Wolf]

Torchlight is making very significant progress in the fourth quarter:

-- in the Midland Basin Hazel Project the Flying B Ranch well #3 is under completion with great production. The Flying B Ranch well #4 is now being drilled with the expectation of similar results .

--the Orogrande Basin Project is drilling what hopefully will be its first production well in an area that has the potential to be another Permian Basin. If Project Geologist Rich Masterson's analysis is correct and this well is a success Torchlight's huge drilling rights will vastly increase TRCH's market value.

--the Delaware Basin Project will drill in the 2nd quarter of next year in a very productive area.

Torchlight is undervalued at this juncture in my opinion given the developing production in their Hazel Project. If the company is successful in proving up the Orogrande Basin Project we are going to see many, many multiples of the current price.