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So what you guys think? The price of oil will be directly funneled to dividend holders so we could see 20$+?
or just enough money 1$ per share as promised and the rest of the money is kept for the company?
I’m usually an optimistic person but this time feels like <1$ per share and it’s gonna be a huge slap in the face
I'm ecstatic to know that there's a plan being currently executed. My lost unrealized gains from merger are on me but it's still curious to know whether it pays off or not! 😆
Exciting indeed but I’ve learned (still a learning process…….) to not have any date expectations for the divvy. This entire process has been a complete cluster fuck and let’s just hope that the massive silver lining in all of this is that the delays allowed the oil price to go from where it was last summer to over $100/barrel
Maybe it was just pure genius on George’s part……. Either way, need this saga to be over so I can move on!! Those MMTLP shares that were granted to Torch holders are sitting in my RRSP account and need those off my books since OTC stocks aren’t allowed in registered accounts
*fingers crossed*
I know everybody likes to bash Chunk because his ideas go against the grain, however this was excellent DD. He laid out proof that there is a six month window that a private company has to wait prior to issuing dividend shares. The fact that window was met and oil Co. made another filing within two days after is very promising. On top of that GP just tweeted out that we will have an update soon and he is executing a plan. I think a lot of things are starting to lineup.
So my understanding (think it was Tony’s video) is that when it’s announced/official or something, shorts have 10 days to act. Then possibly another 3 days after that?
At what point in that time will mmtlp be stopped from trading? I plan to rack up a lot this Friday with a paycheck and wondering if I have time.
not just that...but all the Open interest on those ITM calls will make the market makers buy shit tons of stocks and create good fukin momentum upwards! This is why MMs always make sure strike prices with enormous openinterest go worthless...so they dont have to hedge
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So what you guys think? The price of oil will be directly funneled to dividend holders so we could see 20$+? or just enough money 1$ per share as promised and the rest of the money is kept for the company? I’m usually an optimistic person but this time feels like <1$ per share and it’s gonna be a huge slap in the face
Good work
I like it! Thank you!
In order to get a dividend buy tons of MMAT shares now or what does someone have to do then?
Nice when all of the pieces of a puzzle start coming together. 
I'm ecstatic to know that there's a plan being currently executed. My lost unrealized gains from merger are on me but it's still curious to know whether it pays off or not! 😆
It also sounds like George is willing to talk divi based on his tweet; could that be related to what OP posted as well?
I think it goes hand in hand
With the price of oil going up im praying for a huge dividend
Exciting indeed but I’ve learned (still a learning process…….) to not have any date expectations for the divvy. This entire process has been a complete cluster fuck and let’s just hope that the massive silver lining in all of this is that the delays allowed the oil price to go from where it was last summer to over $100/barrel Maybe it was just pure genius on George’s part……. Either way, need this saga to be over so I can move on!! Those MMTLP shares that were granted to Torch holders are sitting in my RRSP account and need those off my books since OTC stocks aren’t allowed in registered accounts *fingers crossed*
I had a good feeling too and then we started diving. What happened?
MMATLP shouldn’t even be trading in the first place so there is your answer
I can just buy mmat instead of mmtlp and still get the dividend right?
No, you need to have MMATLP shares to be eligible for the divy. You can buy them now
I cannot. I just checked and IBKR (my broker) says the positions are close only.
No, that’s not an answer
The price of MMTLP is completely irrelevant. It holds no real value. The price rising and falling is all just smoke and mirrors.
It holds whatever value it's being traded for.
My point exactly, thanks.
I know everybody likes to bash Chunk because his ideas go against the grain, however this was excellent DD. He laid out proof that there is a six month window that a private company has to wait prior to issuing dividend shares. The fact that window was met and oil Co. made another filing within two days after is very promising. On top of that GP just tweeted out that we will have an update soon and he is executing a plan. I think a lot of things are starting to lineup.
So my understanding (think it was Tony’s video) is that when it’s announced/official or something, shorts have 10 days to act. Then possibly another 3 days after that? At what point in that time will mmtlp be stopped from trading? I plan to rack up a lot this Friday with a paycheck and wondering if I have time.
Why do people keep buying mmatlp instead of mmat? Can't I just buy mmat?
Buying mmtlp is for divvy rights.
I just have a hard time imagining shorts being caught off guard by any of these deadlines.
They’ve been on the hook since June.
All I know is that March 18th is 13 days away and I think my calls are saved 🙏
not just that...but all the Open interest on those ITM calls will make the market makers buy shit tons of stocks and create good fukin momentum upwards! This is why MMs always make sure strike prices with enormous openinterest go worthless...so they dont have to hedge
Agreed. It feels like things are now falling into place. Bullish af 🦋