Meta Materials Inc (MMATQ)

[1Bigmac]

What's going on back stage:

[1Bigmac]

Unredacted:

[1Bigmac]

https://mcclain.house.gov/press-releases?id=74CE6B12-906E-4B08-A9F9-4929E3009960

[1Bigmac]

Twice as hard:

[1Bigmac]

He turned the valve the wrong way:

[1Bigmac]

How do you throw out a To Late to cancel. When is it to late?

[janice shell]

At a guess, I'd say those trades were busted. You could ask your broker. But I suppose that would be too easy, and not conspiratorial enough.

[1Bigmac]

After the halt there were trades made, seems strange. maybe halted for some?

[1Bigmac]

After the halt there were trades made, seems strange. maybe halted for some?

[janice shell]

There is no "share count". The MMTLP stock was exchanged for stock in Next Bridge. The MMTLP stock was cancelled. That had always been Brda's plan.

[1Bigmac]

Was the story over as the halt was carry out. What's the share count nothing more nothing less.

[janice shell]

On the contrary, the SEC's lawsuit against Brda and Palikaras is quite active. Brda is now represented by DLA Piper, a large international law firm. One wonders who's paying for that. Palikaras is represented by a Texas firm called Holland & Knight LLP.

The case has been moved from the Southern District of New York to the Eastern District of Texas, where Brda lives and works.

Most recently, Brda has filed a motion to dismiss, which is joined and supported by Palikaras. The SEC has opposed the motion; Brda has rebutted the SEC's opposition. That last filing is from yesterday, 21 March 2015. For the docket and most of the filings in the case, see:

https://www.courtlistener.com/docket/69415503/securities-and-exchange-commission-v-brda/

Docket No. 50 is an amicus brief submitted by a shareholder called Kevin Berthold. Berthold is not a gifted writer. He says, among many other things about what he calls the "Racket", that:

It is said that the only Constant is Change. However; it is evil, unjust and destructive when significant destructive Change is forced by Counterfeiters, who, driven by satisfying their glutinous greed for power and loot, are enabled to convey volumes upon volumes of securities Ownership that they DO NOT OWN; in the process cheating, plundering and killing Companies to the detriment of huge numbers of Stakeholders: Employees, Customers, Vendors, Entrepreneurs, Shareholders, and Society as a whole.

"Glutinous"? I know, I know. Celiac disease can be a horror.

Berthold is a Chartered Accountant, and, rather astonishingly, has served as an officer of a number of companies, one of which he says was a "Billion Dollar steel company, a subsidiary of a listed Company."

And yet he fell for all this.

Thanks for reminding me of the suit. I think it'll be interesting to follow.

[janice shell]

On the contrary, that lawsuit will succeed. The MMTLP story is over. It has been over for some time. The conspiracy people just don't want to realize it.

[1Bigmac]

Disappearing ink:

[1Bigmac]

Those will not go any where lets start here:

[janice shell]

Whoever he is, he's right. I suggest you start with the SEC complaint against Brda, Palikaras, and MMAT.

[janice shell]

Oh for God's sake. What part of "all of this was deliberately conceived as a scam" don't you and Frank Nez get? Hester Peirce, who is very smart, most certainly does get it: the SEC has alleged that the perps of said scam were John Brda and George Palikaras. The company--MMAT--has settled with the agency. If Brda and Palikaras don't do the same eventually, the case against them will continue.

Hester Peirce will not intervene. Neither will any other SEC Commissioner.

[1Bigmac]

Just another Excuse:

[1Bigmac]

After all this time, we still have a need to do a better job communicating MMTLP: She is not trying very hard. https://franknez.com/hester-peirce-lost-for-words-on-mmtlp-scandal/

[1Bigmac]

Is this the data you seek.

[janice shell]

For what it's worth, I don't think many owls were caught up in the MMTLP scam.

GRUB!!

[1Bigmac]

Does this resonate:

[janice shell]

They were never relevant to anything.

[1Bigmac]

Where have the Blue sheets gone:

[1Bigmac]

What's the count for next bridge:

[1Bigmac]

She said ging. That's what she said:

[1Bigmac]

I can see, really:

[TenKay]

“seems”?

You are too charitable. 😉

[janice shell]

MMAT seems to be dead.

[1Bigmac]

Watch before they erase:

[1Bigmac]

Share Count Showdown: https://mmtlpresources.com/

[janice shell]

Astonishing that the stock is up on its first day on the OTC. WHO would buy it?

[janice shell]

Isn't that idiotic? I'm sure his lawyer's told him to be quiet. But he seems not to be that kind of guy.

[Renee]

I'm sure the SEC and likely the DOJ will get his undivided attention. What a maroon.

[janice shell]

Oh yes. It's a total mess. Get a load of this from George Palikaras. He seems to be sort of unaware that the SEC is suing him--and his buddy Brda--for securities fraud:

Friday's Chapter 7 fire sale announcement by $MMAT is deeply saddening and extremely disappointing, it could have been avoided. This is a case study on how a Board takes down a company. Over the last 12+ years, I had the incredible privilege of working with an extraordinary team… pic.twitter.com/Pc5QBI0pGJ

— George Palikaras (@palikaras) August 12, 2024

[Renee]

Oh yikes.....I wasn't aware that it is Chapter (unlucky) 7. What a messy ending to the very long saga of corporate malfeasance.

[janice shell]

Yes. And not just any bankruptcy. No Chapter 11 reorganization. Just a plain old Chapter 7 liquidation.

[Renee]

Not just OTC, but the nasty 'Q' for bankwuptcy added. Woe to the hapless shareholders.

[janice shell]

Thanks, Renee! It'll be interesting to see how it trades, now that it's OTC...

[Renee]

MMAT changed to MMATQ, bankruptcy. Delisted from the Nasdaq to the OTC:

https://otce.finra.org/otce/dailyList?viewType=Additions

[cervelo]

this stock needs less fibre

[janice shell]

You understand, do you not, that Palikaras is being sued for fraud by the SEC?

[Monksdream]

MMAT new 52 week low

[loanshark007]

Still looking for nekkid shats in this turd pile?

[1Bigmac]

Thank you George:

[janice shell]

Yes, it's amazing.

[valleybenedetto]

I can't believe the stupidity of people.

[Buckey]

LOL its CH7. That is the final Chapter

[janice shell]

Yes. He seems to think all this will blow over, and he'll once again take charge. That is not happening.

[Buckey]

He was the Captain of the boat. He ran it aground and it is sinking fast. This eventual outcome all falls on his leadership. So similar to a Dot com boom and bust stock. spent wads of money and made a lot of people rich on aquistions and that stupid merge

SEC charged him'

pointing fingers at others is just a deflection. Complete reckless abandon or basic business practices.