Meta Materials Inc (MMATQ)

[onehundredmph]

Yes and all of the EIGH disclosure statements on OTCM, especially the exchange for common to preferred shares with cusip change, is very similar to what $MMAT shareholders are experiencing now. Finra failed to act on a corporate action of an issuer! And preferred shares can not trade electronically. They're non-DRS eligible.

Weird how this time is different because of Naked Short Supreme Court Case in 2016 that can hold precedent to protect investors where as in 2011 market makers and brokers could hide behind Federal securities laws (Finra rule 4320) in pertaining to who has chain of custody. The broker has custody of investor property!

MMAT shareholders should fight for what is right!

SCOTUS Ref:
https://www.faegredrinker.com/en/insights/publications/2016/5/supreme-court-decides-merrill-lynch-pierce-fenner-smith-inc-v-manning

Greg Manning owned stock in Escala Group, Inc., a company traded on the NASDAQ. Between 2006 and 2007, Escala’s share price plummeted and Manning lost most of his investment. Manning blamed Merrill Lynch and other financial institutions for devaluing Escala during that period through “naked short sales” of its stock, under which one borrows stock from a broker and sells it to a buyer on the open market, but never delivers the shares back to the buyer. “Naked” short sales of stock may be designed to drive down a company’s stock price, and are accordingly regulated by Regulation SHO.

$MMAT
$EIGH