Meta Materials Inc (MMAT)

[glenrice67]

MMTLP shares question.

Page 23
"No trading market for our Common Stock is expected to develop.

There is presently no public market for our shares of Common Stock and our shares are not expected to become DTC eligible for electronic trading to third parties. There is no expectation that a trading market will develop or be sustained. Accordingly, you may have to hold the shares of Common Stock indefinitely." https://sec.report/Document/0001193125-22-238430/


I might have to hold them indefinitely. Can it be right? So I will have ownership in a private company that produces no revenue will have to be diluted and have no way out? Am I reading that correctly?


Page 5 says the same thing. WTF

"All of our outstanding shares of Common Stock are currently beneficially owned by Meta and our Common Stock is currently not listed for trading on any stock exchange or market and we have not sought to be traded on any exchange or market. The shares of Common Stock will not be eligible for electronic transfer through the Depository Trust Company or any other established clearing corporation. Accordingly, there currently is no public trading market for the Common Stock and there is no current expectation for a public market to develop." https://sec.report/Document/0001193125-22-238430/