JayArea

It wasn't an April Fool's prank. It was the 💣💣💣 no one saw coming... #FOIA 3 years ago today...THEY KNEW!!! #FINRAFraud The FOIA documents reveal extensive communications between senior FINRA officials and their SEC counterparts concerning issues with MMTLP trading. They knew there was a problem for more than a year and FAILED to protect investors. Key findings include: 💥Fourteen months prior to FINRA’s U3 trading halt, three FINRA committees—Market Operations, OTC Corporate Actions Team, and Market Fraud Team—were in active dialogue with SEC representatives re: MMTLP....and they FAILED to protect investors. 💥On December 2, 2022, a conversation took place between FINRA’s OTC Corporate Actions Team and an SEC representative regarding the proposed Meta/NBH spin-out transaction.....and they FAILED to protect investors. 💥On December 5, 2022, just one day before FINRA issued the first of two corporate actions, Sam Draddy noted that the “MMAT/MMTLP matter” had caught the attention of his Fraud Team and others, mentioning discussions with FINRA’s General Counsel and suspicions of fraud involving the two issuers, with “bluesheeting” already underway. They went forward with the corporate action despite RULE 6490.....and they FAILED to protect investors. 💥Draddy, along with Boyle and Gibbons, arranged a Zoom meeting with SEC counterparts to discuss further....and they FAILED to protect investors. 💥On December 11, 2022, at 6:38 p.m. on a Sunday, FINRA CEO Robert W. Cook contacted an SEC official regarding a flood of shareholder complaints about the trading halt, some containing alleged threats (no evidence or law enforcement reporting evidence has been provided), prompting him to send his staff to work remotely while offering to brief his contact.....and they still FAIL to protect investors. 💥Concurrently, Stephanie Dumont, FINRA’s Executive Vice President of Market Regulation and Transparency Services, emailed an SEC contact to schedule an urgent meeting the next morning to discuss the MMTLP situation and the recent halt, copying Racquel Russell on the correspondence.....and still FAIL to protect investors. THEY KNEW. And for the first time, we no longer had to speculate...WE KNEW!!! Following this release and the public outcry, sources claim @SECGov held an emergency meeting to stop FOIA releases. The MMTLP Army did not receive another meaninful FOIA for over a year. WHAT ARE THEY HIDING???#Coincidence WE...ARE...NOT...GOIN...AWAY!!! #Relentless TRCH MMAT MMTLP

⚖️ MMTLP / MMAT / TRCH / NBH Meta Materials Inc. Bankruptcy U.S. Bankruptcy Court – District of Nevada Case No. 24-50792-gs 📄 Key Filings by FINRA (3/27/2026) 👈 •FINRA Supplemental Brief on Undue Burden •Declaration of David S. Norris (Undue Burden) •FINRA General Counsel Declaration •Motion to Seal + Proposed Order (NOTE: The Trustee’s response is due 4/3/2026.) ⸻ 🧠 WHAT THIS IS (Layman’s Terms) ⚠️ Not Legal Advice The trustee wants FINRA documents to investigate potential claims. FINRA says: 👉 “It’s too big, too expensive, and mostly protected—so it should be limited or blocked.” ⸻ 🔍 FINRA’S CORE ARGUMENTS 🟥 Burden •~5M messages / 2.56 TB data •~$450K–$550K+ to review 👉 “This is excessive for a nonparty.” ⸻ 🟥 Privilege •Attorney-client •Work product •Investigative files 👉 “Most of what you want can’t be produced anyway.” ⸻ 🟥 Scope •Trustee narrowed other subpoenas •FINRA still asked for 4 years + communications 👉 “We’re being asked for far more than others.” ⸻ 🟥 Justification •Trading halt tied to settlement/clearance concerns ⸻ 🟥 Sealing •Safety concerns + threats used to justify sealing (See comments to this post for these filings.) ⸻ ⚖️ WHAT THE JUDGE DECIDES 👉 Is this subpoena: •Reasonable and relevant •OR overly burdensome and overbroad Courts balance: •Need for info •Burden/cost •Privilege limits ⸻ 🚨 KEY TAKEAWAYS •This is a scope fight—not a full stop •FINRA’s burden argument will: 👉 Limit scope, not eliminate discovery •Privilege will: 👉 Shape production, not block it entirely ⸻ 🎤 Bottom Line 👉 FINRA will likely have to produce something meaningful—but not everything requested, and not all at once. Also note that the Judge is well aware of the statute of limitations. dropbox.com/scl/fi/9e6a2tw… dropbox.com/scl/fi/a9bjdxt…

MMTLP #FAFO #Veterans #1stAmendment 🔥 THREAD: New Civil Liberties Alliance (NCLA) Takes the SEC’s Gag Rule to the Supreme Court, and YES, it connects to MMTLP. @annvandersteel @TheRobbCarter @cvpayne 🚨BREAKING: NCLA just filed a petition asking the U.S. Supreme Court to review the SEC’s unconstitutional Gag Rule. A rule that forces people to give up their First Amendment rights for life if they settle with the agency. This is a massive moment. Why does this matter? Because the SEC’s Gag Rule is designed to do one thing: 👉 Silence the people who know the truth about SEC actions. Forever. And if you’re in the MMTLP community, this should hit hard. You’ve lived the consequences of a system where the SEC can act in the dark, hide records, and avoid accountability while the public is left with redactions, denials, and silence. MMTLP exposed a simple reality: · When regulators can operate without transparency, investors pay the price. · When regulators can silence people, the truth never reaches the public. · The Gag Rule is the architecture that protects that system. In MMTLP, we’ve seen: • FOIA blackouts • Withheld factual records • A U3 halt with no explanation • 14 months of trading on a placeholder • Zero transparency from the agencies involved Now imagine adding a lifetime gag order on top of that. That’s exactly what the SEC does in settlements: “Sign this agreement, and you can never publicly dispute our allegations even if we were wrong.” That’s not regulation. That’s censorship. NCLA is right: The SEC should not have the power to silence Americans for life. And MMTLP proves why. When the public can’t hear from the people closest to the facts, the narrative belongs entirely to the agency no matter how incomplete or inaccurate. If the Supreme Court strikes down the Gag Rule, it won’t just be a First Amendment victory. It will crack open the wall of secrecy that has shielded the SEC for decades the same secrecy that has fueled the MMTLP transparency crisis. Sunlight is coming. Accountability is coming. And the era of regulators operating without scrutiny needs to end. MMTLP is the case study. The Gag Rule is the mechanism. The Supreme Court is now the venue. The fight for transparency is bigger than one ticker. It’s about restoring the public’s right to speak, to know, and to challenge government power. And that fight just moved to the highest court in the country. More to come! MMTLP remember, FOCUS. The SEC Can Silence You for Life youtu.be/_OhBoqGVdAA?si… via @YouTube

@SECPaulSAtkins @HesterPeirce @johnbrda @palikaras @realDonaldTrump @kshaughnessy2 @TheRobbCarter @SECGov @FINRA @cvpayne @FNez_Blogger @LauraLoomer #mmtlp $mmtlp @nbhydrocarbons @pulte @MindandEmotion7 @JDVance THE FIRST STEP TO RESOLUTION IS THE CALL FOR IMMEDIATE EXONERATION

@EnergyCredit1 This you?! "We have been shorting the hell out of Torchlight for years now....We have made $$$ millions in the process....We offset our borrowing costs by shorting elsewhere...Torchlight's days are counted." #Short #Fuked @nbhydrocarbons @johnbrda @Jweschristian

#mmtlp We got them to admit they can't deliver. This is what needs to be broad casted. Isn't this what Madoff did? Admitted his crime?