Meta Materials Inc (MMAT)

[Sonic Boom]

You’re wrong but nice try.

FINRA is authorized under its rules to impose a quoting and trading halt in an OTC equity security where, among other factors, FINRA determines that an extraordinary event has occurred or is ongoing that has had a material effect on the market for the security or has caused or has the potential to cause major disruption to the marketplace or significant uncertainty in the settlement and clearance process.22 FINRA made such a determination for MMTLP and halted trading on December 9 because, after December 12 (the settlement date for trades executed on December 8), the MMTLP shares would cease to be DTC-eligible; the MMTLP shares would be canceled by the issuer at the time of the distribution; and Next Bridge common stock was not expected to be DTC-eligible. These circumstances created significant uncertainty regarding how transactions executed after December 8 would settle in an orderly manner in relation to these dates.

This does not address the issue of investors that held settled positions prior to the U3 halt on or before December 8th. Nor does this address the fact that investors do not have the Next Bridge Dividend per the Corporate action, rather, they hold worthless place holders in their accounts. It also has no mention of “Stock Pumpers”