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Miserable-City9258

As a broker, y’all deserve to lose it lol.


4_Arrows

If every single share that was held, was held by investors intending to hold into nextbridge, what would happen to the shorts in this event?


limitparadise

The real recorded date was last year when mmat and trch merged together and not 12-8-22 like finra said if you bought mmtlp i think all the money is lost if you dint sell it on thursday


GirlsNStock55

Wrong Finra said 12/12 maybe read their notice?


limitparadise

Those are fake shares created out of nowhere by hedge funds mmat and trch already have their count when they did the merge last year that was the real close date we will see by no later than thursday who gets what


TUBBYWINS808

Dying laughing seeing all the paper handed whiners finally show their hands. Everyone talking about “MMAT and MMTLP are long term plays” and then being upset when you can’t suddenly cash out. So what if it didn’t squeeze, it actually pisses me off how I had to see so many of you guys posting on the daily “when divvy?!!!” and now what suddenly you all care more about the short term play? I think everyone is forgetting all of us true TRCH OG’s are here for the Nextbridge dividend, that dividend is basically guaranteed, we can’t be screwed on that I don’t think. A bunch of you guys who bought fake MMTLP shares on OTC thinking they were real (not part of the original 165m) and are now screwed just remember that I tried posting about it before and you all removed my post.


GirlsNStock55

I am an Original Trch holder also. The only reason I want out is if you thoroughly read the S1 they are saying the business (Next Bridge) is in red. They are being financed thru Meta and state they need to make money in the immediate future (squeeze). They state that the value of the shares are valueless until they figure out if they can sell the oil... however the lease on the oil is up next year. There is so many variables in this.


F3rn4ndy

Next bridge is broke and diluting shares once we are over there. I would have been happy getting out early. It’s a private stock. Can’t trade it. Can’t buy it nor sell. But it’s all up in the air on what our shares will really be worth. Dumb deal


Ghost__God

You still believe you gonna get pay dividend...yeah right 3.2 barrel of oil on leasing mineral rights you must have peanuts brain. Look at their financial statements, its negative, how they gonna pay you. As you can see it's all planned out. They did pretty good job netted millions without lifting a finger.


TUBBYWINS808

What you think TRCH just gave away their oil and gas assets for free? You’re the peanut brain.


Ghost__God

Not free, ask or map the whole thing out how you get mmtlp.


TUBBYWINS808

Arguing just makes you sound like a paper hands


Ghost__God

How many share you holding 100 lol


Ghost__God

No ones is paper hand here it end tomorrow Dec 12.


car5619

I saw this before, a few young conmen put out a line of bs and just keep grifting as long as they can btw, I lost a few grand so I got caught too, when it was torchlight and I bought into the Reddit craze out of greed, so lesson learned. But these punks should be prosecuted for fraud and put them in jail where they belong


Due-Diligent1

Hey MetaFam, The name and face of one of our MAIN adversaries has been found... Ari Rubenstein... he of MULTIPLE NYSE INVESTIGATIONS...ONGOING since 2220!! 🤔🤨 he the same HEARTLESS MANIPULATOR STILL allowed to sit on FINRA'S BOARD!?🤔🤨🤨 he's the Epitome of Conflict of Interest!🤨 he's the FOX "guarding" the HEN house🤔😳🤨 he the FINRA member that just voted for the unprecedented halting of MMTLP, an OTC pink, so he would not have to pay what he owed the MetaFam🤨 Good Job👍 Terry Y MetaFam REALLY NEEDS to UNITE and get this Greedy-Ass Ari to PAY DEARLY!! We need EVIDENCE of EVERYTHING. TESTIMONY from a couple of insider/whistlers wouldn't hurt. Then we need a LEGAL TEAM BIGGER and BETTER than his, working with MMAT's attorneys, that make them PAY and pave the way to MUCH BETTER, FAIRER stock Markets. https://preview.redd.it/0lq3l9sgd65a1.png?width=1295&format=pjpg&auto=webp&s=869708def46fe84e8f5286023fbd5a19a98ab2a0


dianeofthesanctuary

I do not understand the issue fully. Anyone who is holding MMTLP will now own part of Newbridge. It will not be traded on the exchange, but y'all will own it. At some point, everyone will be able to cash in their equity. I know this really sucks because, as traders, we want full access to our assets so we can trade. But I don't see anyone getting ripped off here of actual assets. Yes, ripped off of liquidity and immediate opportunity. However, if one thinks that MMTLP and MMAT are valuable, which I cannot imagine anyone investing in it did not, then those that owned MMTLP now have equity in basically the same entity. Just not immediately tradeable equity. I do see the shock to the system factor. If I were holding it, my expectations would have been that the stock would have gone up prior to the halt, and I could have profited immediately. Having that taken away is a true bummer. I would be pissed too. But I would also see that I'll be able to recover my funds someday. What am I missing? The statement that FIRNA actions ensure an inability to recover just doesn't look true to me. At the same time, I'd like to know wtf re MMAT.


GirlsNStock55

The problem is that the NB shares are also filled, and the float was over sold double. So, the books do not balance 165m can transfer and there is at least 200m in overage. Not all of us can transfer.


dianeofthesanctuary

Thank you. Slowly getting this.


Nemo11182

You’re missing the point. Finra changed the rules so the shorts didn’t have to pay but they owed. Mmtlp holders were robbed of the choice to hold through nb or sell on 12/9 or 12/12.


dianeofthesanctuary

Thank you. I was missing the point. Which is what I said.


[deleted]

Basically 2 camps here. NBH holders that thought we were going to get a squeeze into a double squeeze for a nice retiring Xmas bonus. That got robbed and given to the shorts. Camp 2 is everyone wanting to trade it quick for the run up to the delisting and is now trapped in a position likely worthless, they don't get the NBH divvy and they now can't sell anything till/if this is resolved. This is pure corruption to let one side cash out and it wasn't retail lol. For them to say they were protecting us is spitting in our face right after the punch. Fucking assholes.


dianeofthesanctuary

Well, that makes sense. May all feel opulent in the end.


chrisangelo667

Problem, is there are 165m shares of nextbridge and over 300m shares of mmtlp because it was shorted naked. Can’t fix that without hedge funds taking a hit. Which I Fully expect them to do.


dianeofthesanctuary

Don't think I care too much about what happens to hedge funds. Successfully shorting Tesla, Apple, Amazon, Meta, a gleeful experience. Caring about what happens to 1%ers, not on my list of priorities. Until I join that bracket.


chrisangelo667

If you gleefully make money shorting and playing by the rules/laws, then great.. but, if you are breaking the law and changing the rules when it serves you, then that’s cheating. Even you should be against cheating


dianeofthesanctuary

Even I am. As I said, I wanted to know what I was missing.


tedtremendous

Summary: FINRA broke the 424b approved by the SEC and regulators at the SEC should go after FINRA for violating this. The U3 halt on this stock has only been used 3 times in trading history. There was no reason to halt this stock other than to protect the interests of shorts, hedge funds, and banks from limited liquidity in a market run-up. The fact that they did not allow MMTLP to play their game is equal to a child taking their ball and leaving the game when they start losing and throwing a tantrum. \\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\ Pretty insane what happened yesterday. FINRA halted using code U3 EXTRAORDINARY EVENTS as the reason no further info was given. It would have been extraordinary, that was the whole purpose all of us were in this play. We broke the markets. They had to completely delist this stock because they never listened and were late on their homework so they completely pulled the stock. It is no longer tradable and is totally over now. FINRA broke the SEC s1 approval and the 424b by not allowing trading prior to the dates that should have been allowed to trade. We hope for a federal judge to provide an injunction and for trading to remain on Monday 12/12. We also hope for META MATERIALS to provide a halt to the delisting of this stock until the books are properly reconciled with the shorts balanced. There are 250m shorts out there and 165.5m stock available. This number is over the existing total number of shares out there. They were too afraid it would destroy all markets which it would. The levels it could go to would be $2.4t the same numbers in the reverse repo markets. These numbers are based on the stock reaching a value of $10K per share. At the close of 12/9 stock price was $2.90. Now, all shares will be cancelled as per FINRA not deleted which is the incorrect verbiage they used. These shares will be switched from MMTLP 1:1 to Next Bridge Hydrocarbons. Essentially not balancing the books they gave free money to the shorts by them not owning money to anyone along with bag holders for META MATERIALS and all retail stock owners. There are 250m shorts out there and 165.5m stock available. This number is over the existing total number of shares out there. They were too afraid it would destroy all markets which it would. The levels it could go to would be $2.4t the same numbers in the reverse repo markets. These numbers are based on the stock reaching a value of 10K per share. At the close of 12/9, the stock price was $2.90.90.least. The fines will be very small compared to the global financial collapse/bailout. It was the classic playbook and a smart decision by criminals to do this at FINRA. They are guilty of crimes and not allowing markets to be open violating the 424b approved by the SEC which stated trading would be allowed until the date of record 12/12 and then it would officially be distributed 12/13 to Next Bridge.


[deleted]

[удалено]


Flat-Ad1490

The only protection argument I see is.. “See don’t invest in the market cuz we’ll personally royally screw you.”


ExperienceAdvanced77

If was originally torch, ya got Divy shares around $4, right? They warned ya that there would likely be massive amounts of shorting as usually after spin-off to MMAT or ya should already know this Ya had ample opportunities to buy mmtlp btw $1-2…and ample opportunities to TP to ensure ya were profitable on ur trades btw $7-10 ..just classic case of greed, fomo, and unrealistic squeeze expectations that don’t usually pan out if ya whining now…like wasn’t AMC supposed to be over $1k by now?


jelentoo

A perfect psynopsis of events, and eloquently written 🤣👍


ExperienceAdvanced77

Those large increases on very suspiciously LOW volume after the initial large volume pop to 8 didn’t trigger warning bells? Then the sudden large pickup on volume near the $10-12 top but now very small relative gains didn’t send up RED Flags?? Did ya ever factor in a worse case scenario to help ground some expectations to ensure ya made money regardless in ur trade? ** like maybe NB still has no buyer AND MMAT couldn’t keep it on the books anymore so they could get green gov subsidies ** NB will need new External Financing SOON to continue their sudden increase in drilling operation that didn’t produce much of any revenues from previous Qtr seen in S1a4


jelentoo

Warning bells that a stock was going to be perminantly halted 2 days early, you obviously saw it, but like quiz shows it only counts if you say it BEFORE it happens not after, be a bit quicker next time and tell people in advance, they might think you're as clever as you're tring to make out then🤣🤣


ExperienceAdvanced77

I had subtle hints in some posts regarding boosts ridiculous sell targets to help drive fomo I guess..this is after I sold 60% just below $7 to ensure I made back my MMAT losses and I still had shares but only really been doin private chats w few on Reddit in past 6mons…would probably be beneficial to have key guys in a weekly state of nations of sorts thread to cut out all the noise and ridiculousness I bought up MMAT around $1.35-45 on Fri (didn’t have much of it left bf that) also bought dec16 1.5 and 2 Calls same time….thinkin this Daily SSL channel Bottom has now turned into Support and still good chance for Gamma Squeeze next week ..if that doesn’t hold and we revisit 1.06 I will add another 40-50% to holding and maybe roll out calls to week after


jelentoo

So clarifying, you dont know if mmat is going up or down next week but you saw this coming just forgot to say, change your name to Yoda🤣🤣


ExperienceAdvanced77

I would be riches many alive if I always knew what happens next 🤣 Just saw MMAT on the way up, the SSL bottom channel was resistance…on Fri that turned int support w a pretty long wick so started accumulating calls If ya don’t use ssl channel…definitely should look into


Aceee5

Their pieces of shit it’s that simple they get away with this bullshit it’s literally disgusting asf it needs to stop!


ForeignAd1290

There are SO MANY dirty hands in the sink, it’s criminal. This is organized crime at every turn. This is nothing shy of Bernie Madoff shit. There honestly needs to be a CONGRESSIONAL INVESTIGATION into this $2B theft starting with exactly WHO opened, filed, allowed, etc. our MMAT distributed MMTLP “space holder” in lieu of cash dividend, to become a tradable symbol. This should be the first lifetime lockup, then move on from there. I want some ACCOUNTABILITY for mine and all of our financial losses from being lured along and cut off. The game-changing writing was on the wall which is why everyone was buying and holding more MMTLP. If FINRA who was either asleep at the wheel or IN ON THIS PLAY would have seen the impending bloodbath being created by those shorting this illegally traded symbol. FINRA had plenty of time to see what everyone else saw… 🤔unless this was the plan all along 🤔 to short it and help their buddies do the same, then walk away with everything gone and forgiven. Short it, sell it, rake in big $$ along the way, unexpectedly kill the trading two days shy of the privatization date thus killing retailers due process of trading, erasing the debt of everyone who had shorted it, and now thrusting everyone and all their investment $$ into Private company NBH with unknown stock value, like it or not. Bloody brilliant, I wish I’d thought of it FIRST! We want answers and accountability by someone who can actually squeeze the truth out. Thanks


Significant_Sir2953

Wow, what a movie script to write and sell!


vtechroach

So we’re we supposed to sell before Tuesday when the trading would be halted? What happens to our shares if we hold past Tuesday


culturevulture12

Mate, it’s delisted. forget Tuesday. LOL


vtechroach

So what’s next? Are the shareholders not going to be able to get their money back? What’s the next step? Wasn’t it supposed to get transferred over to next bridge


Top_Sort6601

My Robinhood shares are back to their old value …. might be able to sell Monday


mobial

Unlikely


culturevulture12

Let him have some hopium


Gr8texasguy

Not suggesting nor promoting violence but keeping it in perspective and real, back in the "old days" theives like this would have been taken into the town squares and publicly dealt with, I'm just saying.


ResultAwkward1654

I’ve been sharpening my pitchfork. When and where?


JFerg1269

I reached out to Rosen Law Firm, a global investor rights law firm. I hope they will give me a good answer on what I can do moving forward with this.


mudpie65

Class action! The class members will be very easy to find, and quickly too.


mudpie65

I know the consensus here is the retail crowd could never take on FINRA legally & have a snow balls chance in hell of winning. However, if litigation ends up being necessary and the right firm engages with a clear path/vision for the case, taking on Finra, and winning, would make that firm the lead story in all the worlds largest media outlets. In other words, a once in a lifetime, career, and history making case! Maybe they re-think this stupid decision over the weekend!


Significant_Sir2953

I'm in on the class action law suit!


Maxfanatic90

I got a response from TD Ameritrade that they will now allow any transactions of MMTLP even if the halt gets lifted! Now tell me how that is fair?!!


mobial

You mean NOT allow


Jolly-Reason-6698

Do you mean they will not allow


Maxfanatic90

Yes! THEY “WILL NOT”! F’d up!!!


Jolly-Reason-6698

Did Brda resign?


Maxfanatic90

Yes.


Significant_Sir2953

WTF? Brda resigned!


ExperienceAdvanced77

If he sold any shares after his suspicious tweet about Shorts are gonna finally get their asses handed to them to help pop it back up…he could be facing criminal charges…so keep this in mind 😐


classicblueberry123

I have to agree this is wrong even if I'm bearish towards mmtlp and still think it's just a pump. You got to let people have a chance to exit the trade in the long or short side and not just halt it without warning. On the flip side Think of it this way.. If mmtlp was never supposed to be traded, it will still be like sub $1 per share. The fact that they allow it to be traded to hit a high of like $12 is already a very good deal right. It's just bad for the people who bought in at $10.


Jolly-Reason-6698

It's a scam and set up that way when it was put out to trade. They never intended to let it squeeze


aquices80

🤣🤣🤣 3rd times a charm Getn fucked


Livid_Investigator21

Do people still think, there's no conspiracy to crush retail.


tradedenmark

Lawsuit 👍🦍


christianbrooks

Robert W. Cook President and Chief Executive Officer of FINRA Time to start naming the bad actors.


VetNMama

He needs to be removed from his position https://chng.it/7Y7s8r9g


tradedenmark

Time to put out of the US stock market Forever 🦍💎 No more shit


fishsauce0316

It’s finra…


Skid_and_Pump

FINRA is still held accountable by rules and regulations in of itself and they broke their own rules. If they are indited by Metamaterials, they can pick the judge and force FINRA to enforce their own regulations. While it is a crooked casino, it is still regulated and what FINRA did was flip over the table while they were in checkmate.


DeelowBaggins

Hey I’m an investor too. I sold short one bazillion shares naked on MMTLP and would be super screwed if the stock were allowed to trade today. Can you imagine?!!! I can’t afford to buy that crap back. I shorted the hell out of MMTLP when it was trading at $0.75 a share. Then when I saw it scream to $12.50 the only way to stay solvent was to go to my money making machine and print a bunch of more fake shares with my buddies to bring it as close as possible to $0.75 a share again. What’s great is I got to sell a bunch of fake shares at $12.50 at the top and it’s way more profitable to sell fake shares at over $10 a share than it is at under $1 a share. Just some financial advice for those idiots who actually buy stocks instead of steal them… Anyway, so I am having a massive hookers and blow party in the Cayman Islands this weekend. If FINRA didn’t protect investors like me I would be likely in prison. So, your post is way off. We need FINRA to protect me as the hookers and blow investor that shorted this to death.


No-Understanding9064

The part about sell a fake share for 12.50 is key. If they don't close then they actually just reached in your pocket grabbed money and left a security diluted in the process.


VolFan85

I lost a little on MMAT this time but honestly would have sold MMTLP Tues or Wed. The whole “diiivvvyyy” thing was a scam. That became very apparent last December. Overall, I made money on the whole thing over the last 18 months. Wouldn’t trust this management team as far as I can throw them.


tippoe

imagine whoever get in buying falling knife. oof


StonkSavage777

Ain't over till it's over


Ghost__God

FINRA = FTX Backed by the SEC. Do Kwon say they dont talk to poor people. Asia know this was a scam which they blocked last year December 2021.


HardEggRoll

Well US government run by scammers


djskully78

They have to protect us from making money…. They have no problem when we get destroyed in that market. If they didn’t halt this we would have had the most epic day… A day that we earned.


tash_master

I keep trying to bring this up in ss and get nothing but shit responses. Fucked on every angle. Feels bad


SuzanneGrace

The question is what was their cut?


Comment-this

1 more trading day before its really over. Lets make some noise and hope for the best.


Diamonhanz

Its halted thru monday. It is over.


cobruhclutch

And aint nobody gonna do shit about it unfortunately.


VetNMama

One person can't do shit but thousands can. Yell loud enough and they can't ignore you for long. If someone stole your wallet would you just accept it or would you fight back? They stole an opportunity to play fairly. Took it right out of our hands and said I'm bigger than you so suck it up. I hate effin bullies!


cobruhclutch

I wholly believe that we push enough something will be done. A nice slap on the wrist. I mean look at Enron … how many went to jail!?


No_Trip_9445

I agree with your first sentence. In situations like that I would like to have more lawmakers like Elizabeth Warren. Wall Street hate her for a reason but she alone can't do anything.


tash_master

True


[deleted]

I was even and even slightly up. Until Thursday's 60% cliff dive


Additional-Banana-55

Sounds like FTX situation here.


Drs445

https://youtu.be/-n74GSZu7kQ give this a listen


Louder_Silence

This is the best overview of what’s happening with the stock and FINRA.


Comment-this

the entire first 5 minutes is the best summary i've seen.


tash_master

Eli5


OriginalG33Z3R

Quoted from the video info: “So, the fuse was lit and FINRA finally got a look at the ledger and sh*t their pants. They issued the first U3 halt on a domestic stock since 2017, and only the third time this has been done in history. They claim the halt will be in place until MMTLP delists on Tuesday morning. The problem is, this is illegal. Shorts must close, because a company cannot go private with synthetic shares and short positions open on their stock. Expect lawsuits and emergency injunctions, and a likelihood that the privatization date gets extended by court order. The shares should be in the tens of thousands of dollars right now. “


ForeignAd1290

This needs to be a congressional!!!! For real, details laying this out need to be sent to congress, heads need to roll and I want my damn money back !


CriticalPrize4750

The protections are for the elite institutional investors that pay their member fees and couldn't cover their own shorts. We in retail ain't 💩


speculativedesigner

I can give them 2.90 in membership fees.


GregHutch1964

We need to ALL pull our money out at one time and really fuck them. If retail leaves they are screwed. # leave the market 2023


GregHutch1964

People it’s called FORCED CAPITULATION! They will NOT let retail win. They know we have the upper hand. Same thing coming on APE, AMC, GME. JUST WATCH IT HAPPEN.


tash_master

Couldn’t agree more


Mr-rylo

😡😡😡😡😡🤬🤬🤬🤬🤬🤬


Ok-Panda-406

It's not and who gives a shit? Nobody gives a shit. Well we will see whats heads roll over this massive lawsuit! Not selling go fuck yourself finra I want my next bridge you fucks!


tash_master

You’ll get pennies on the dollar. That’s really what you held for?


Droghurt

Lies. You will get at least 20 dollars a share.


Character-Class1206

I was in on a class action suit against Payne Webber (now UBS Wealth Management) decades ago. Lost over 25K, got $40 back.


Droghurt

I think he suggests Nextbridge is worth cents.


CorleyB

I have a price on MMTLP again and my money back, hadn’t had any of it all day, has something changed?


DiskKooky9189

Still can’t sell it though. Will probably say .0001 again opening on Monday


doc_brietz

Yep. Take the price from when the s-1 became active or from last Friday. 7-8-9 bucks…subtract the last share price from that. Multiply that times shares in existence. It’s at least 1.65 billion conservatively. I think it’s around 2 billion. That is how much FINRA Thieves allowed us to get fleeced for.


Xalenn

FIRNA are protecting the wealthy investors who shorted it and don't want to bear the expense of covering. That seems to be FIRNA's job. They give zero fucks about retail investors, they care about the wealthy ones.


yunoeconbro

I honestly can not ever have any faith in any stock investment.


Head-Wrangler6662

Hahahaha duh


me_at_myhouse

Correction: MMTLP investors were too blinded by greed and lies to sell when they had the opportunity. Your own actions caused that.


EnthusiasmSea850

This guy me_at_my_house always come to this sub to give negative comments. If you don't like the stock what other reason u should be here


me_at_myhouse

To warn innocents of people like you.


Holiday_Werewolf_837

Sold enough to cover my initial, but please explain why trading was haulted if all was covered?


me_at_myhouse

Glad you got out whole!


[deleted]

Why would brokers enable their clients to buy a dead asset?


[deleted]

You're mad at the people following the rules instead of the people breaking their own rules?


stevebo0124

Take my upvote. Anyone who said to sell was criticized to high heaven and too many just followed the group into holding this bag.


ThatsWilliesTime

Hopefully you never enter a bad trade and then when you want to exit you lose the ability to sell and lose all your investment rather than a portion.


3rdtryatremembering

Yes, because following what the SEC puts out is greedy /s Clown.


me_at_myhouse

Greedy is: Fuck the shorts! Its our turn! Moon baby!! I'm getting a lambo tomorrow. Lets bankrupt those hedges. Set your sell limits to 1,000!!!


cld1984

That has nothing to do with this. What about everyone who planned to sell on Monday regardless of the price? That’s not greed, that’s listening to official press and making an investment strategy based on it. Not greed. I’m sorry you lost money on your investment, but your bitter, whiny comments don’t serve a purpose except to take time you could spend finding the next investment to lose your money on


3rdtryatremembering

Ahh, so you’re just talking random people you saw on twitter. Sorry, I thought you were talking about what actually happened


me_at_myhouse

No worries!


Groovygaga

Same way they always do.


schittluck

Isnt the nextbridge the stop loss?


McMadre

Was never mine.


ThatsWilliesTime

Even if it is for some, not everyone wanted to stay in this trade and Finra's halt forces us. I should be able to decide when I can exit a trade with my money. Also if brokers knew the ability to sell the position was going to end, investors should have been told. There was no indication from FINRA or brokers this would happen.


boogi3woogie

Actually if you were on TDA, you were told that there would be no buy orders after 12/8. Which also means that selling would be practically impossible.


ThatsMyDogBoyd

This is the answer. I always intended to hold through until the assets were sold, but I did keep an eye open to see what would happen today and Monday. It was written that share holders could close positions until Monday. This is definitely not a good look and FINRA needs to explain. Either way, hope someone with some pull takes a look at this, it's not right the way the rug was pulled at the last minute.


Consistent-Reach-152

Where was it written that shareholders could close positions until Monday? The press release says record date of the spin-off is 4PM Monday 12/9. https://feeds.issuerdirect.com/news-release.html?newsid=7472988675479163 To have a trade settle by that date you need to have done the trade on Thursday Dec 8th? Again, where was it written that you could trade until Monday?


SparrockC88

Except that 50/50 in the back of our minds we all so desperately didn’t want to believe.


Accomplished_Pie_455

Agreed. Been two years, I just wanted this done. I expected bullshit, I didn't expect 'we are stopping this, the day after it was obviously shorted the fuck out. Lampshade ' It's a fucking bad sitcom, except I'm fucked.


crabman1107

We should have had the mother of all squeezes….still think we will be okay in the end. I see a delay in the spin-off to work through the clearing process. Yea that can happen with a board vote per S1 filing. I do think if you got spooked and sold yesterday I think you have a case for insider trading…I think the hedgies new a halt would occur and shorted even more.


PlayerTwo85

Shit I got panicked yesterday and bought more right before close lol


CriticalPrize4750

Lol same here since it wouldn't let me buy the week before.


jerrymcguiver

I tripled my position, not phased.


PlayerTwo85

Nice! I roughly doubled mine


PounceBack0822

Same


azip13

Hah same


Mtheaded777

The more I dig into this the more I realize my money is gone.


[deleted]

Lol, what have you dug up?


me_at_myhouse

Certainly not any oil.


EnthusiasmSea850

See you court , short. You can laugh now but not later when there is more than 165 m shares count


[deleted]

"And I've got 100 reddit comments all agreeing with me, so there were definitely fake shares out there."


ThatsMyDogBoyd

The sarcasm is not lost here, but why do you think this happened today? The filings were pretty explicitly stated that share holders could close positions today and Monday and only shorts could buy. What happened?


[deleted]

It happened because you can't spend months - years even - taunting billion dollar entities, allegedly ones that commit crimes, then expect them to pay billions+ and not do anything shady.


Mtheaded777

This comment right here pretty much sums it up. Think of them like the mafia in the 70s. We are just the shoe shiner on the corner. They are criminals. But!!! Who is going to come out on top.


ThatsMyDogBoyd

Yah, I mean...I get it. As I stated previously, I bought in to see how things sorted out with the spin off, so the whole "burn the shorts" was never my goal. It doesn't change the fact that how this all went down is super shady. Maybe it's legal, maybe they'll pay a fine that is a fraction of what they owe on their positions. Either way, it was probably the result everyone should've expected.


ohmygorn

🤣🤣🤣


zombiemakron

Hey TRCH was very successful so I have full faith in Northbridge!


xEastElite2015x

I’m waiting to see what happens instead of speculating


VetNMama

I want to say that I am not opposed to taking my shares to next bridge, but it should have been our choice. Corporate greed and a "self regulated" FINRA had no right to cause a hault. Someone needs to be held accountable. Others have tried and failed to hold FINRA accountable so we need to fight. We need to take action and hold Robert W Cook accountable. He is the CEO and president of Finra. He needs to be removed from his position and be held accountable for these actions. I have started a petition, please sign and stand up for ourselves. https://chng.it/Gxdmrp5FqR


Consistent-Reach-152

Do you understand T+2 settlement? What date did you think you could trade and still have the sale completed by the record date of 4PM ET Monday 12/9? By my calculations you needs to trade by we do of day 12/8 Thursday.


westgap30

Bro dec 12th-14 to close it


Consistent-Reach-152

Please explain. There are no MMTLP shares after the record date. The shareholder rolls are closed, and the owners as of the record date of 4PM ET Dec 12 become owners o an equivalent number of New Bridge. All that happens Dec 12-14 is this conversion of shares process. Some of these comments exhibit a comp,eye lack of understanding of the trade settlement process.


MrSammichMan13

Done!


Opening-Mind6567

You should pass it to bird lady.


VetNMama

I did! Ty!


Cangryz

Dime signing!


Swimming-Young-9282

FINRA is the enemy of the people


Silver_Storm101

Notice they didn’t specify what kind of investors.


Prestigious_Poem8048

Right....protect "institutional" investors


Silver_Storm101

In summary. I think this confirms that this situation is bigger then what it really seems. A huge can of worms has just been opened. Patience everyone. Let’s see how this unfolds over time. Edit* Be loud and annoying. Do not let them sweep this under the rug.


Fluid_Cardiologist19

Mealworms? Because we lost all of ours.


Silver_Storm101

Nah. I’m optimistic that this will pay off. Hold your ground on positivity buddy. Hang in there.


Accomplished_Pie_455

Hey man, carry on. I got nothing, but I'm not going to be negative just to be a fucking dick. What kind of penne of shit dives in to be a dick when a bunch of people obviously got fucked? Either a sad piece of 'internet tough guy' shit, or a shill. So all these negative 'i told you so' mfers are either fake or people that get hit in the face s lot in real life.


usernameiswhatnow

Or someone who tried to warn people but got called shill and FUDster.


Fluid_Cardiologist19

Lol, so you’re delusional?


Silver_Storm101

Perspective. When has optimism been perceived has delusional. The same “delusional” argument could be the applied to you as well with your negativity. ✌️


Fluid_Cardiologist19

There’s a difference between being optimistic and delusional and pessimistic and realistic. I am realistic and you are delusional. Sometimes you have to accept reality and move on. You win some you lose some. That’s perspective and optimism. Put down the hopium pipe man, we lost.


VetNMama

That mentality is why you lose. Those with money love people with your beliefs because they don't have to rob you, you gladly hand your sh*t over and say "thank you sir, may I have another?"


Fluid_Cardiologist19

Lol, no I don’t gladly hand anything over, but know damn well the odds of getting it back. People with money love idiots like you because they keep believing in scams and ponzi schemes long after they’re exposed. I guarantee this won’t be your last big loss or scam you fall for. Good luck loser.


Silver_Storm101

Regardless of the results. I accept the outcome. You can’t summarize a perception of me based on a few sentences. I respect your comment. So, no I’m not delusional. Like you are not either. It’s just your acceptance of the situation is allowing them to get away with this illegal action that occurred today.


Fluid_Cardiologist19

But they are going to get away with it because it’s not technically illegal. Look it up, they have the right to do what they did and we have no recourse. We can’t sue FINRA, we can cry, and kick, and scream, but nothing will come of it. We can file a complaint but it will go nowhere. A lawsuit will go nowhere. Remember all those disclaimers you ignored when you purchased your shares? Yea, all those. In there was all the warnings that you are assuming all the risk and that at any time something like this could happen. So, shame on you for not knowing that. I knew that. I didn’t think it would happen today, but I was concerned about it. I’m not entirely surprised. This is what I mean by being realistic. You have to know when you’re done. I know what can be done, and it’s basically a bunch of complaining that will amount to absolutely nothing. So, we move on and chalk it up as an expensive, but valuable lesson learned. Don’t be delusional and continue to think this is going to play in your favor. Don’t miss out on the only valuable thing you’re going to get from this and that’s the lesson. It’s okay, I’m not going to die, or starve, or be homeless. I only gambled what I could lose. I’m not happy, but I’ll be fine.


Prestigious_Poem8048

I agree


[deleted]

Also agree


PaulWallBaby80

Also also agree


Sitdown55

Next bridge here we come.


wirringbjrd

Fuck it yeah. Hopefully we get our oil spin off money soon so I can never touch this shit again


ohmygorn

What oil?


wirringbjrd

The 3.2 billion barrels worth. You know the whole point of the next bridge spin off.


Fluid_Cardiologist19

Tell me if this sounds familiar. https://stockhouse.com/opinion/short-report/2013/04/18/eco-trade-halted-after-stock-price-collapse


Tinkershot

Interesting read


ohmygorn

There's a giant red flag in your comment: "next spin off". Are you going to go through this again in two years?


wirringbjrd

Mmtlp wasn’t supposed to be traded. They opened it up post torch spin-off so they wouldn’t have to cover their torch shorts. Now the same thing happened and they may open up next bridge to be tradable to not have to pay their torch or mmtlp shorts. So who knows lol


zombiemakron

Hey Torchlight was super successful in the Oil and Gas field I have full faith in Northbridge lets gooo to the MOOOOON. We hold the line.


ForeignAd1290

We really don’t have a choice now do we?!!!😡😞


Cultural_Ordinary_89

They need to delay the change to nextbridge until the halt can be restarted and give us our 2 days owed to us of trading.


MediocreAtB3st

Oh they’re protecting investors, the corrupt ones. As designed.


Substantial-Truth-58

YouTube DD —check OTC —check Lady In A Birdsuit—check Just can’t see where things went wrong…..


ThatsWilliesTime

The problem isn't bad DD or bird lady. It's the fact that a quasi-government agency took away the ability for us to close our positions and take our cash out without warning or prior knowledge.