Twitter: @TradingSecrets7Hit that notification bell and subscribe for early updates to every video so you never miss out. If you're new to stock investing, here's how to buy Meta Materials stock. julia morris photography; elizabeth arden ceramide lift and firm day cream ingredients; 6096 east main street reynoldsburg ohio As an Asset Manager at Eclipse Resources, she was responsible for leading the multidisciplinary team to prove-up the asset. For investors, the most interesting part of the report might have been the line captioned Assets Held for Sale. For now? As of this writing, more than 12 million shares of the stock have changed hands. Torchlight also announced that it implemented a 1 for 2 reverse stock split of its Common Stock. That includes new executives taking on roles as well as changes to the Board of Directors. Meta reported second-quarter revenue of $624.32 million, of which $622.37 million was . But a key end use may be in the health care space, and diabetes management (glucose monitors) in particular. 1125 N. Charles St, Baltimore, MD 21201. The reverse split, which will become effective after market closing on June 25, 2021, was approved by the stockholders of Torchlight at its Special Shareholder meeting held on June 11, 2021. 'We plan to continue our efforts related to our asset divestiture to provide a positive outcome for Preferred A Stockholders as well as entering this new chapter for the combined Company. What was it that made this one of the hottest names among traders active online? Daren Rader 16 Years Experience. So is using them to deice and defog Lidar cameras on self-driving vehicles. The required audit, legal and compliance steps are inherently time consuming, said Greg McCabe, former Chairman of the Board of Torchlight Energy Resources, Inc. I am pleased with the progress thus far and look forward to seeing the spinout completed.. Even after its sell-off, the company sports a market capitalization of around $1.1 billion. About 3.8 million of an average daily trading volume of about 23.7 million shares had already traded. The figure is not a daily amount of fails, but a combined figure that includes both new fails on the reporting day as well as existing fails. Two Wall Street Legends will reveal their #1 recommendations and full "roadmap" for navigating the coming AI revolution. You will get early access to the daily stock alerts and also the weekly watchlist. The forward-looking events and circumstances discussed in this release may not occur and could differ materially as a result of known and unknown risk factors and uncertainties affecting the Company, its oil and gas assets and operations, and managements ability to manage and to operate the business. Welcome to the sub, Oil Holdings Inc, a subsidiary of Meta Materials Inc, and currently trading as OTC 1125 N. Charles St, Baltimore, MD 21201. Given the scope of the work required to ensure that we remain in compliance with the lease obligations and satisfy a range of regulatory requirements, the Company is targeting a spinout or disposition of the oil and gas assets for early Q1 2022 pending process approvals by all parties involved. Copyright HALIFAX, NS / ACCESSWIRE / December 3, 2021 / Meta Materials Inc. (the "Company" or "META") (NASDAQ:MMAT, FSE:MMAT) a developer of high-performance functional materials and nanocomposites, today provided an update on the special Series A Preferred Stock dividend in relationship to the oil and gas assets and the planned sale or spinout of these assets for the benefit of the Series A preferred . Although the management of the Company believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect. Meta Materials Inc. Mark Komonoski Reddits r/wallstreetbets subreddit, r/MMAT, is littered with comments related to short sellers failure to deliver (FTD) contracts. Completion of this work will, the Company believes, enable us to move to the next steps in the spinout process for these assets. But today, its still trading at inflated prices and has plenty more room to fall. PLANO, TX / ACCESSWIRE / June 25, 2021 / Torchlight Energy Resources, Inc. (NASDAQ:TRCH), an oil and gas exploration company ('Torchlight'), today announced that it paid the special Series A Preferred Stock dividend on a 1 for 1 basis to its stockholders of record on June 24, 2021. HALIFAX, NS / ACCESSWIRE / December 3, 2021 / Meta Materials Inc. (the "Company" or "META") (NASDAQ:MMAT, FSE:MMAT) a developer of high-performance functional materials and nanocomposites, today provided an update on the special Series A Preferred Stock dividend in relationship to the oil and gas assets and the planned sale or spinout of these assets for the benefit of the Series A preferred stockholders. Except as otherwise required by the federal securities laws, we disclaim any obligation or undertaking to publicly release any updates or revisions to any forward-looking statement contained herein (or elsewhere) to reflect any change in our expectations with regard thereto, or any change in events, conditions, or circumstances on which any such statement is based. 5G reception enhancement is one such possible use. I will be sharing my knowledge and insight of trading strategy by providing stock analysis of the latest share to invest in and the best strike prices. Torchlight reported no proved reserves as of December 31. Thats because these penny stocks are frequently the playground for scam artists and market manipulators. It also announced plans for the merger of the company to close today. All statements in this release that are not based on historical fact are 'forward looking statements.' Biographies of each of the team members are as follows: Clifton Dubose Jr. 12 Years Experience. For the first six months of the year, Meta lost $49.34 million, of which $40.54 million was down to a one-time, noncash net loss on financial instruments. Prior to the implementation of the reverse stock split, it was expected that Metamaterial, Inc. shareholders would receive 3.690 shares of Torchlight common stock in exchange for each of their shares of Metamaterial. Business enquiries: newtradingsecrets@gmail.comMMAT MMTLP Metamaterials New Special Dividend Rumour. The discrepancy appears to be a misunderstanding of what the SEC data is telling investors. MMAT MMTLP Metamaterials Special Dividend. 2023 Meta Materials Inc. All rights reserved. Home; Our CV. All statements in this release that are not based on historical fact are 'forward looking statements.' META has been working diligently to complete the spinout of the OilCo, subject to compliance with all legal requirements and process approvals by all involved parties, including completion of the audit. Copyright 2023 InvestorPlace Media, LLC. Over the past month, its fallen from around $10 to less than $4 per share. More likely than not, a continued move to lower prices. Torchlight also announced that the steps necessary to close the business combination with Metamaterial Inc. were completed on June 25, 2021 and therefore Torchlight expects that the business combination will be effective on June 28, 2021 as of 12:01 AM EDT. META is in the process of finalizing permanent arrangements with a completely new management team for OilCo who bring significant experience in oil and gas exploration as well as specific experience in the Orogrande region. Investing in our common stock involves a high degree of risk. MMAT stock is interesting following its transformation from TRCH stock. The company dealt with oil and gas exploration and production. Thomas Niel, a contributor for InvestorPlace.com, has been writing single-stock analysis for web-based publications since 2016. The Company believes that, upon completing the work on these four wells, META will be in compliance with all aspects of its lease obligations, and the CDC (Continuous Drilling Clause) with University Lands on the Orogrande project will be satisfied. MMAT MMTLP Metamaterials Special Dividend update. These statements may be identified by words such as 'estimates,' 'anticipates,' 'projects,' 'plans,' 'strategy,' 'goal,' or 'planned,' 'seeks,' 'may,' 'might', 'will,' 'expects,' 'intends,' 'believes,' 'should,' and similar expressions, or the negative versions thereof, and which also may be identified by their context. Tel: +44 (0)1294 214402 | irish law times submissions balitang amianan reporters. This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the 'safe harbor' created by those sections. Forward-looking statements involve inherent risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements as a result of various factors, including those risks and uncertainties described in or implied by the Risk Factors and in Management's Discussion and Analysis of Financial Condition and Results of Operations sections of our 2020 Annual Report on Form 10-K, filed on March 18, 2021, our First Quarter 2021 report on form 10-Q filed on May 14, 2021 and our other reports filed from time to time with the Securities and Exchange Commission ('SEC'). Investors should refer to additional Risk Factors related to the oil and gas assets in the Companys Form 10-K filed with the SEC on March 1, 2022, with an SEC filing date of March 2. Many investors are counting on a windfall, based on short covering. At the time, nearly a quarter of its free float was sold short. DORADO, PUERTO RICO / ACCESSWIRE / March 1, 2023 / Pharma-Bio Serv, Inc. ("Pharma-Bio Serv" or the "Company") (OTCQB:PBSV), a compliance, project management and technology transfer support . Our nano-optic technology provides anti-counterfeiting security features for government documents and currencies and authentication for brands. Strategy has now been improved to allow experienced traders to have more flexibility, with a further 3 exclusive videos for our discord members as well as the release of our stocks spreadsheet.https://youtu.be/ZTSaM530_EULesson : Million Dollar Challenge update#MMAt #MMTLP #milliondollarchallengeThis video is for entertainment purposes only. This work includes, but is not limited to, formal transfer of the assets to OilCo Holdings, Inc. (the "OilCo"), a newly formed wholly owned subsidiary of META, ensuring that the OilCo capital structure supports a spinout and, making any necessary filings with the SEC. On the date of publication, Thomas Niel did not have (either directly or indirectly) any positions in the securities mentioned in this article. No forward-looking statement can be guaranteed. In this video I will address 5 BIG Questions for George as the vast majority of investors are angry and wou. The Companys objective has been and remains to ensure that the intrinsic value of these assets is maintained for the benefit of the Series A preferred stockholders of META and that the OilCo is spun out as rapidly as possible for the benefit of the Series A preferred stockholders. The OilCo will also need to secure additional short-term financing, and the Company is exploring multiple options for this financing. Meta reported $72.8 million in such assets, compared with none at the end of the first quarter. Article printed from InvestorPlace Media, https://investorplace.com/2021/07/after-torchlight-merger-wait-and-see-mmat-stock/. The necessary audit and legal work related to the asset consolidation and spinout is expected to be completed in the coming months. Plus 3 Stocks for March.It would be very much appreciate. FTDs are nearly always due to a traders failure to make good on a naked short contract. Such statements are based on the current expectations and views of future events of the management of the Company and are based on assumptions and subject to risks and uncertainties. Stockholders of record on Tuesday, March 7th will be paid a dividend of 0.40 per share on Friday, March 24th. He co-founded Valor Mineral Management and Mineral Tech. There are 3 levels to choose from. This will include membership of our Discord where I hope to build a community of traders to help each other increase wealth. In the prior quarter, the company reported a net loss per share of $0.01 on 155.9 million shares. Learn more atwww.metamaterial.com. In Metas shareholder letter, Palikaras said the company had hired a consultant to help determine the best path to maximize value for the holders of the preferred shares. Meta reported second-quarter revenue of $624.32 million, of which $622.37 million was identified as development revenue. SmartAssets free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Therein lies the problem. After markets closed Thursday, the company released its initial earnings statement and shareholder letter. O'Melveny Advises Next Bridge Hydrocarbons in Spin-Off Transaction from Its Publicly-Tr.. He is also an attorney, licensed to practice law in the State of Texas. META delivers previously unachievable performance, across a range of applications, by inventing, designing, developing, and manufacturing sustainable, highly functional materials. Torchlight Energy Resources, Inc. (TRCH), based in Plano, Texas, is a high growth oil and gas Exploration and Production (E&P) company with a primary objective of acquisition and development of domestic oil fields. Press J to jump to the feed. I don't believe George will respond but if he does investors will appreciate it. For additional information on Torchlight, please visit www.torchlightenergy.com. Others are likely holding the bag, hoping for a recovery. Next Bridge Hydrocarbons is developing its Orogrande Project, in the Permian Basin in West Texas, USA. Twitter: @TradingSecrets7Hit that notification bell and subscribe for early updates to every video so you never miss out. Meta Materials (NASDAQ: MMAT) does not pay a dividend. Follow me on this journey to success and profits. The 1 for 2 ratio represents the lowest amount Torchlight may implement under the 1-20 range that was previously approved by the stockholders. If we ever do publish commentary on a low-volume stock that may be affected by our commentary, we demand thatInvestorPlace.comswriters disclose this fact and warn readers of the risks. Yet, there is a plethora of possible end users for its advanced materials, known as metamaterials. Except as required by applicable securities laws, forward-looking statements speak only as of the date on which they are made and the Company does not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise, except to the extent required by law. With many applications for its technology, the company has big opportunities across many sectors. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. Commencing on June 28, 2021 Torchlight's name will be changed to "Meta Materials Inc." and its common stock will begin trading on NASDAQ under the ticker symbol "MMAT.". Theres plenty here that could excite investors once again. 5 Investors Still Betting Big on Novavax (NVAX) Stock. Torchlight also announced that it implemented a 1 for 2 reverse stock split of its Common Stock. Investors looking for more hot stock news today should keep reading! Early Friday, Meta stock traded down more than 1%, at $3.32 in a 52-week range of $0.42 to $21.76. Integrous Communications It looks like you aren't allowed to do that. All statements that address operating performance or events or developments Torchlight expects or anticipates will occur in the future, such as the closing of the business combination with Metamaterials, stated objectives or goals, our refinement of strategy, our attempts to secure additional financing, our exploring possible business alternatives, or that are not otherwise historical facts, are forward-looking statements. Email: ir@metamaterial.com. Copyright 2023 Surperformance. Should the OilCo spinout be consummated, the team will be evaluated for commensurate employment packages subject to all necessary approvals. Therein lies the problem. The ex-dividend date of this dividend is Friday, March 3rd. I look forward to working with the management of Meta Materials Inc. to ensure a smooth transition.". -, Meta Materials : Dr. Hai Sun Joins META as Director of Lithography Manufacturing and Operations, Meta Materials : Appoints Darren Ihmels as Vice President of Business Development Ophthalmics (Form 8-K). Our 3 Top Picks, Stay Away From LCID Stock Before Tesla Kills It. Learn more atwww.metamaterial.com. Holders of Torchlights Series A preferred shares have been promised a special dividend when the oil and gas assets are sold. All rights reserved. medium length hairstyles for thick hair male. ContactDerek GradwellPhone: 512-270-6990[emailprotected][emailprotected]. SmartAssets free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Such statements are based on the current expectations and views of future events of the management of the Company and are based on assumptions and subject to risks and uncertainties. Follow me on this journey to success and profits. As a result, Meta Materials started trading on the, These are composite structures, consisting of conventional materials such as metals and plastics, that are engineered by META scientists to exhibit new or enhanced properties.. Our nano-optic technology provides anti-counterfeiting security features for government documents and currencies and authentication for brands. Learn more at www.metamaterial.com. Until we see further progress with its big plans, its best to stay away. HALIFAX, NS / ACCESSWIRE / December 3, 2021 / Meta Materials Inc. (the "Company" or "META") (NASDAQ:MMAT, FSE:MMAT) a developer of high-performance functional materials and nanocomposites, today provided an update on the special Series A Preferred Stock dividend in relationship to the oil and gas assets and the planned sale or spinout . 60 Highfield Park Dr, Dartmouth, NS B3A 4R9 Canada, Tel: 1-902-482-5729 The Company's objective has been and remains to ensure that the intrinsic value of these assets is maintained for the benefit of the Series A Preferred stockholders of META and that the assets or proceeds therefrom are transferred as rapidly as possible to the Series A Preferred stockholders. By utilizing innovative technologies in design, the first exploratory well produced 35% higher than type curve. Article printed from InvestorPlace Media, https://investorplace.com/2021/06/mmat-stock-14-things-to-know-about-red-hot-meta-materials/. 5 BIG Questions for George. How High Can the Supreme Court Take SOFI Stock? This makes it the first company to join the Nasdaq with a focus on creating these materials. Torchlight has assets focused in West and Central Texas where their targets are established plays such as the Permian Basin. We indicated that four wells must be drilled in the Orogrande project in 2021 to enable the Company to hold the lease for sale or spinout. The company closed its merger with Torchlight Energy Resources. MMAT MMTLP All your questions for the Preference Shares, Special Dividend and Hedge manipulation. Two Wall Street Legends will reveal their #1 recommendations and full "roadmap" for navigating the coming AI revolution. If Meta Materials is pricey now, whats a reasonable valuation? Sign up below to get this incredible offer! Traders who got in at the start of the squeeze may have been able to cash out for fast profits near the top. Our achievements have been widely recognized, including being named a Lux Research Innovator of the Year in 2021. For now, still in its early stages, this potential is more than accounted for in its share price. Create an account to follow your favorite communities and start taking part in conversations. Meta Materials Inc. Plans Global Commercial Launch of its Unique, Metamaterial Nano-Opt.. Meta Materials Inc. Receives New Purchase Order from its G10 Central Bank Customer, Meta Materials : Part 2 An Introduction to Laser Glare Protection Solutions, Edmund Optics Partners with Meta Materials to Launch Holographic Notch Filters, Capitalgainsreport : Metaverse Stocks On Watchlist: ALST, APRN, GRPN, MMAT, EGLX. This sell-off will likely carry on, at least until its past meme stock status fully goes away. It also has legacy oil and gas assets its intending to sell. Mativ Holdings, Inc. (NYSE:MATV) declared a quarterly dividend on Friday, February 24th. quotes delayed at least 15 minutes, all others at least 20 minutes. Even after its sell-off, the company sports a market capitalization of around $1.1 billion. In other words, these numbers reflect aggregate fails as of a specific point in time, and may have little or no relationship to yesterdays aggregate fails. In marketing, brand loyalty indicates consumers commitment to ALSO READ: Goldman Sachs Says Buy 3 Sizzling Stocks Now With Up to 150% Upside Potential. MMAT News. Read More:Penny Stocks How to Profit Without Getting Scammed. What is Meta Materials's Dividend Payment Date? "I would like to take this opportunity to thank all of Torchlight's shareholders, its Board and the team at Metamaterial Inc. for their long time support, enthusiasm and efforts in making this merger a success," commented John Brda, Torchlight's Chief Executive Officer. You will have the opportunity to ask questions, receive trading tips, view in advance the latest penny stock picks, and have your portfolio reviewed as well as getting access to my spreadsheet portfolio of invested stocks, with due diligence, buy prices and also strike prices. In conjunction with the release of Q3 and nine-month 2021 financial results on October 15, 2021, META providedan updateon the Companys oil and gas assets and operations. Rob StoneVice President, Corporate Development and CommunicationsMeta Materials Inc. Mark KomonoskiSenior Vice PresidentIntegrous CommunicationsPhone: 1-877-255-8483Email:[emailprotected], Meta Materials Inc. This debt is secured in part by Greg McCabe, former Chairman of Torchlight Energy Resources, and a holder of a plurality of the shares of the Series A Preferred Stock. All rights reserved. In conjunction with the release of Q3 and nine-month 2021 financial results on October 15, 2021, META provided an update on the Company's oil and gas assets and operations. We indicated that four wells must be drilled in the Orogrande project in 2021 to enable the Company to hold the lease for sale or spinout. All rights reserved. This press release includes forward-looking information or statements within the meaning of Canadian securities laws and within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995, regarding the Company, which may include, but are not limited to, plans, and the timing, for the disposition or spinout of the Company's oil and gas assets, statements with respect to the business strategies, product development, expansion plans and operational activities of the Company . We urge you to consider those risks and uncertainties in evaluating our forward-looking statements. 1125 N. Charles St, Baltimore, MD 21201. MMAT MMTLP George Palikaras CEO of MetaMaterials Inc. speaks on 5G, on Microwave Journal Q&A Panel. The 1 for 2 ratio represents the lowest amount Torchlight may implement under the 1-20 range that was previously approved by the stockholders. I have over 20 years experience as a lecturer in business, accounting, economics and law. While management has based any forward-looking statements included in this release on its current expectations, the information on which such expectations were based may change. Its operating business today isnt generating much revenue.