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stoxjock

06/26/21 9:22 AM

#1530 RE: cervelo #1529

First thing, Read the Filings and company PRs before shooting off your mouth here with misleading info.

Because of the 2-1 Reverse Split of TRCH going into Merger, and because it is a 1-1 Exchange of TRCH to new company Common 'MMAT' shares, MMAT willopen at around $10.00, ie.,2 x Closing price of TRCH yesterday.

AND, because of this 2-1 R/S of TRCH,they already changed the 'Exchange Ratio' for old MMATF-MMAT shares. Instead of 1 - 3.6+ Shares, Old MMATF will only get 1.8+ of new 'MMAT' shares for each 1 share of 'MMATF' that they held yesterday, going into Merger. You need to keep up your DD and with the company announcements...
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MDmojo

06/26/21 10:13 AM

#1535 RE: cervelo #1529

with the reverse split its not 3.6 to 1 anymore, its 1.8 to 1 for MMATF hodlers