Metamaterials (MMAT) is a Canadian company that uplisted on the Nasdaq in June of 2021. In order to uplist on the US exchange (NASDAQ), Metamaterials merged with Torchlight Energy (TRCH). As stated through the SEC filings, If you held your shares of Torchlight Energy (TRCH) through the merger with Metamaterials (MMAT), you were entitled to a Series A preferred share (Dividend). Upon completion of the merger, a share holder would receive 1 share of a newly created company (Next Bridge Hydrocarbons). As a condition of the SEC rules and regulations, a reverse split occurred during the merger and US share holders received 1 series A preferred share (dividend) for each share of TRCH they owned and 1 (1/2) shares of MMAT. The reverse split also affected Canadian stock holders with a different conversion rate. Shortly after the merger a "placeholder" Ticker appeared in investors brokerage accounts and was coined  (MMAT-A).

In October of 2021, an unknown entity found and EXPLOITED a loophole in the filing(s) and created a market for the Series A Preferred shares (Dividend). The Preferred A shares became tradeable on the OTC market and were MYSTERIOUSLY renamed (MMTLP.) Holders of these (OG) shares noticed that MMTLP appeared in their brokerage accounts with a cash value of .50 (fifty cents). It was later discovered that these shares could be bought through a small handful of brokerages but listed as "Sell Only" in other brokerages. Investors who could buy shares of MMTLP, did so in hopes of

(a.) buying into Next Bridge Hydrocarbons and adding to their position(s)

(b.) Had hopes of entering a trade with a seemingly endless potential from its current value.

(c.) Both. 

On 11/22/2022, shares of MMTLP reached an all time high of $12.50.

These shares (MMTLP) were soon to be shares of Next Bridge Hydrocarbons which is going private and will not be tradeable on any exchange. 

Metamaterials provided the Securities and Exchange Commission (SEC) with a S1 filing on 7/15/2022 and after a few minor revisions, the filing was approved on 11/18/2022. The filing was approved by the SEC and the DTCC. FINRA (Financial Industry Regulatory Authority) was then tasked with implementing the spinoff and providing brokerages with Corporate Notices. Per the Metamaterials filings, the last day to purchase MMTLP was 12/08/2022 to receive shares of Next Bridge Hydrocarbons. Purchase orders WOULD BE ALLOWED until 4pm EST 12/12/2022 but buyers would not receive shares of Next Bridge Hydrocarbons if purchased after 12/08/2022. On 12/14/2022, MMTLP would cease to exist and eligible share holders would now own shares of the PRIVATE company (Next Bridge Hydrocarbons).

On or around 11/18/2022, the S1A was approved by the SEC and on 11/18/2022 Form S3 was was uploaded to the SEC website with a "Notice of Effectiveness".

A revision to Metamaterials filing(s) was rolled out by FINRA and trading of MMTLP was HALTED (Code U3) on 12/08/2022 which was prior to the 12/12/2022 date. Brokerages have still not been provided their Corporate Notices. 

Investors need real time data, request all trades to be performed on LIT exchanges, (No more darkpools), FTD's get recovered within 30 days of failure, Payment for Order Flow (PFOF) be abolished forever, anyone caught using naked shorting as a way to execute trades be punished to the fullest extent of the law and ALL FRAUD AND MARKET MANIPULATION BE EXPOSED NOW

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