[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:

https://x.com/palikaras/status/1823024352503156995

[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.

[janice shell]

There's a long statement at Twitter from Palikaros, made this morning. He's bounding off the walls. Wants to try to persuade the bankruptcy trustee to continue to pay Wes Christian to continue with the stupid NSS case. That will not happen. And just about everything else he says is from Fantasyland. He adds:

In my opinion, this Board and Management and their advisors have conducted a series of fraudulent activities which I will be bringing to light.

Hello?? Has he forgotten that's it's he and his buddy Brda who've been charges with securities manipulation and more by the SEC??

Read the whole thing here:

https://x.com/palikaras/status/1823024352503156995

[Buckey]

will it list on the pinks? Ie MMATQ which it should already be MMATQ or is there is some magical naked short squeeze coming?

[janice shell]

The Delisting Notice indicates that the trading of the Company’s common stock on Nasdaq will be suspended at the opening of business on August 21, 2024, and a Form 25-NSE will be filed with the Commission, which will remove the Company’s securities from listing and registration on Nasdaq.

The Company does not intend to appeal the Staff’s determination. Therefore, the Company expects that the trading of the Company’s common stock will be suspended at the opening of business on August 21, 2024 and delisted from Nasdaq, as indicated in the Delisting Notice.

https://www.sec.gov/Archives/edgar/data/1431959/000095017024097034/mmat-20240812.htm

And that's the news the stock went up on this morning? The 8-K was filed yesterday after the bell.

[valleybenedetto]

8-21-2024 shares will be suspended from Nasdaq. Death rattle.

[1Bigmac]

You think Mccabe got an early wiff.

[Buckey]

I’m
Sorry this all went down as expected but really how did this whole “2 days until we stop trading thing work last time” ? Ch 7

End of story. Sorry for employees mostly. . Sad shit show

[1Bigmac]

Suppose MMAT report came out that you have 2 trading days left and is going private.

[janice shell]

I also wouldn't be surprised if Palikaras tries to horn his way back in, and get hold of some assets. But I believe if he wants them, he'll have to buy them.

[janice shell]

I'm not absolutely sure, but my guess would be it's the bankruptcy trustee.who'll be appointed by the court. But who hasn't been appointed yet.

[Buckey]

Not sure how the law works . But if “the company” terminated everyone then who is the company lol AI

[janice shell]

What is? No professionals are buying, unless they're covering a short position.

[Monksdream]

NUTS but this is what professional do

[valleybenedetto]

Ridiculous

[janice shell]

I can't imagine. Somebody at X is saying the company's "competitors" are "probably" buying up shares? WTF? If the company has any valuable assets, those "competitors" should talk to the bankruptcy trustee.

[valleybenedetto]

Who are the idiots buying this? Full liquidation, no remaining executives. What the fk are they buying George's dirty underwear,?