MMTLP_NEWS

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MMTLP_NEWS

MMTLP_NEWS

@MMTLP_NEWS

All the latest updates on $MMTLP.

Katılım Nisan 2023
1 Takip Edilen2.6K Takipçiler
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JunkSavvy
JunkSavvy@JunkSavvy·
🚨UPDATE: FINRA's MOTION TO QUASH SUBPOENA IN THE MATTER OF META MATERIALS BK HAS OFFICIALLY BEEN TRANSFERRED TO NEVADA BK COURT. 2/19/2026 ▪️FINRA failed to submit objections to Magistrate Judge's order on February 4, 2026. ▪️FINRA now joins NASDAQ, Citadel, VIRTU and Anson Funds in their attempts to QUASH SUBPOENAS for trading data MMAT MMTLP TRCH. ▪️Judge Straker filed a PARTIAL TENTATIVE RULING on Feb. 4, 2026, indicating his leaning toward an order of DENIAL on the Motions to Quash. ▪️Hearing tomorrow for oral arguments from NASDAQ and Trustee's counsels regarding the MTQ. 1:30 PM PST.
JunkSavvy@JunkSavvy

🚨TIMES UP, FINRA!!!... Today is FINRA's deadline to file objections to the Washington DC Magistrate Judge's order on Februaury 4, 2026, sending their MOTION TO QUASH A SUBPOENA to the Nevada District Court supervising the Meta Materials BK proceedings. Will they or won't they object???... If FINRA does NOT object, AND the District Court Judge does not overrule the decision, the Magistrate's order stands, transferring the motion to Nevada. FINRA, NASDAQ, Citadel, VIRTU and ANSON funds have ALL filed MOTIONS TO QUASH SUBPOENAS. A partial tentative ruling issued by the BK Court Judge leans toward DENYING these motions and allowing the discovery to proceed. A hearing scheduled for this Friday (Feb. 20), will hear arguments from NASDAQ on why the MOTION TO QUASH should be granted. What are they hiding??? IMO, if the subpoenas stand and the data is delivered, it will be done under a stipulated protective order (as has been done with other subpoenaed data). No "trade secrets/methods" will be made public. So, I ask again... IF NOTHING IS WRONG, WHAT ARE THEY HIDING??? MMTLP MMAT TRCH

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KKep
KKep@kimkep4796·
MMAT MMTLP TRCH 🏛 Case - Meta Materials Inc. U.S. Bankruptcy Court – District of Nevada Case No. 24-50792-gs (Chapter 7) ⸻ 📅 Filing Date: February 19, 2026 Document: Status Report re: Parabellum Capital, LLC ⸻ 🧾 What This Filing Is Saying — In Plain English This is a status update from the Chapter 7 Trustee (Christina Lovato) explaining how the estate is funding potential litigation related to alleged stock manipulation. 1️⃣ Why Special Litigation Counsel Was Hired Back in October 2025, the Trustee asked the court for permission to hire two law firms (Christian Attar and Kasowitz Benson Torres) on a contingent fee basis to investigate possible securities fraud claims . Why? Because early review suggested there may have been: •Naked short selling •Spoofing •Possible manipulation of MMAT stock before bankruptcy These would potentially fall under Section 10(b) of the Securities Exchange Act . In simple terms: 👉 The Trustee believes there may be claims that stock trading manipulation harmed the company before it went bankrupt. ⸻ 2️⃣ Where the Money Comes From 💰 Litigation like this is expensive. Depositions, experts, discovery — it adds up fast. So the law firms arranged litigation funding through: 🏦 Parabellum Capital, LLC •Funding commitment: Up to $11.8 million •That money covers litigation expenses •If less than $11.8M is used, only what’s actually advanced must be repaid The Trustee makes clear: •This funding is NOT a debt of the bankruptcy estate •It only gets repaid if litigation generates recovery Layman’s translation: 👉 A litigation finance company is fronting the money so the Trustee can pursue possible securities fraud claims. 👉 If the case wins or settles, Parabellum gets paid back from proceeds. 👉 If nothing is recovered, the estate isn’t personally on the hook. ⸻ 3️⃣ Why This Filing Was Submitted Now The Trustee is basically telling the court: “If the Court wants more disclosure or approval regarding the funding agreement, we will comply.” This suggests: •The funding agreement may have been questioned •Or opposing parties are raising arguments about whether the Trustee needed further court approval This filing is defensive and clarifying. ⸻ 🧠 What This Means Strategically This confirms: ✔ The Trustee is serious about investigating trading manipulation ✔ There is third-party financial backing to pursue it ✔ The litigation could include 10(b) securities fraud claims ✔ The estate itself isn’t directly borrowing money This also weakens arguments that: •The Trustee is improperly obligating the estate •The subpoenas or investigations are just speculative ⸻ ⚖️ OMEGA ADVICE (Caution)⚠️ This filing does not mean: •A lawsuit has been filed yet •Liability has been established •Manipulation has been proven It means: The Trustee has funding and legal teams ready to investigate and potentially pursue claims if the evidence supports it. Bankruptcy courts allow this type of funding arrangement frequently in complex litigation. ✅ dropbox.com/scl/fi/gbi1xnu…
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KKep
KKep@kimkep4796·
🚨 META Bankruptcy Hearing Update – Motions to Quash (Feb. 20, 2026) (Longer description posted as the first comment to this post.) The court heard arguments from NASDAQ, Citadel, Virtu, Anson Funds, and the trustee over subpoenas seeking trading data tied to alleged manipulation of META/MMTLP/Torchlight shares. Judge signaled focus on one key issue: Did Meta sell shares during the alleged manipulation window — and was the estate harmed? He emphasized this is not a motion to dismiss, but Rule 2004 discovery still requires a clear estate interest. 📌 The judge is essentially asking trustee’s counsel to provide: • Exact 160/161-day date ranges (by ticker/category) • Clear evidence of when Meta sold shares in that window • How Torchlight/MMTLP fit into the timeframe and estate theory • A clearer articulation of the estate-owned claim supporting Rule 2004 discovery Trustee indicated they’ll provide the narrowed timeframes and supporting details shortly. (They have one week to provide.) Next step: Opposing counsel will respond once those dates and theories are clarified, and the court will decide whether discovery proceeds (likely in a narrowed scope). ⚠️ Not legal advice — hearing summary.
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KKep
KKep@kimkep4796·
🚨 MMAT / MMTLP / TRCH Bankruptcy Update FILED: 2/23/2026 (Attached) (Not legal advice — summary only) ⚖️ 📌 The Trustee filed a Protective Order re: DTCC discovery. What does that mean? It means DTCC was subpoenaed 📄 and sensitive clearing/trading data may be produced — so the court is setting confidentiality rules before it’s handed over. 🔐 This includes: • Transaction data • Trading positions • Liquidity/risk reports • Commission records • Investor identity data This is deep “plumbing level” market data. ⸻ 👉 The DTCC is preparing to produce — under seal. That’s a different posture than NASDAQ, Citadel, Virtu, or Anson…. as they are still fighting the subpoenas. 🤨 ⸻ 🧠 How this plays strategically: If DTCC produces clearing-level data: • It may show trade routing & settlement chains • It may identify participant activity • It may provide timestamps & volume context ⸻ 📂 Discovery may be moving from theory → data. And that changes the dynamics for everyone at the table. ⚠️ Not legal advice. Just analysis of procedural posture. dropbox.com/scl/fi/ze0u9pa…
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JunkSavvy
JunkSavvy@JunkSavvy·
🚨NEXT BRIDGE HYDROCARBONS COMMUNICATIONS WITH SEC UPLOADED TO EDGAR SYSTEM. DOCUMENTS SPAN 2024-2025 AND REFERENCE COMMUNICATIONS REGARDING FINANCIAL DISCLOSURES. MMTLP MMAT TRCH EDGAR LINK: sec.gov/edgar/search/#…
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JunkSavvy
JunkSavvy@JunkSavvy·
🚨NEXT BRIDGE HYDROCARBONS FILES AMENDED S-1 [A-5] REGISTRATION STATEMENT FOR THE SALE OF UP TO 40M SHARES TO ACCREDITED INVESTORS. The original S-1 was filed on January 23, 2023. Roth Capital Partners remains the placement agent. sec.gov/ix?doc=/Archiv… MMTLP MMAT TRCH @nbhydrocarbons
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JunkSavvy
JunkSavvy@JunkSavvy·
🚨1209 PRO SE LITIGANT CONTIQUE WILLCOT'S MOTION FOR SANCTIONS AGAINST ATTORNEY WES CHRISTIAN FOR ALLEGED MISSTATEMENTS THAT "FALSY ACCUSED [WILLCOT] OF PARTICIPATING IN A 'COORDINATED EFFORT' TO OBSTRUCT THE DEBTOR'S BANKRUPTCY ESTATE THROUGH BASELESS LITIGATION"...DENIED. FROM THE JUDGE: "The Court does not find Attorney Christian’s statement here to be sanctionable conduct pursuant to Rule 11." Plaintiff sought $50,000 for reputational harm, emotional distress, litigation costs, and deterence. $MMTLP $MMAT $TRCH acrobat.adobe.com/id/urn:aaid:sc…
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JunkSavvy
JunkSavvy@JunkSavvy·
🚨1209 PRO SE LITIGANT JENNIFER VETRANO'S MOTION TO REOPEN CASE, MOTIONS FOR MISCELLANEOUS RELIEF AND MOTION TO SUPPLEMENT THE RECORD DENIED. JUDGE THREATENS SANCTIONS. FROM THE JUDGE: "This case is ADMINISTRATIVELY CLOSED...the Court summarily DENIES Plaintiff’s Motions. (Docs. 61, 62, 63, 64, 67, 69). Any future filings unrelated to the dismissal of the bankruptcy case or a lift of the automatic stay MAY RESULT IN SANCTIONS AGAINST THE PLAINTIFF." $MMTLP $MMAT $TRCH courtlistener.com/docket/6945334…
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JunkSavvy
JunkSavvy@JunkSavvy·
🚨1209 PRO SE LITIGANT DANIELLE SPEARS' MOTION FOR LEAVE TO FILE EARLY DISCOVERY SUBPOENA MOTIONS DENIED. FROM THE JUDGE: "Plaintiff is seeking third party subpoenas 'explicitly designed to substantiate claims clearly raised in Plaintiff’s Response'...Plaintiff is not entitled to discovery to oppose a Rule 12(b)(6) Motion to Dismiss. 'A motion to dismiss pursuant to Rule 12(b)(6) is decided solely on the pleadings; thus, the degree of discovery conducted is irrelevant to a Rule 12(b)(6) motion.'" $MMTLP $MMAT $TRCH courtlistener.com/docket/6945014…
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JunkSavvy
JunkSavvy@JunkSavvy·
🚨NEXT BRIDGE HYDROCARBONS FILES 10K AFTER MORE THAN 12 ROUNDS OF BACK AND FORTH WITH THE SEC WHO DEMANDED CHANGES THE NON-TRADING COMPANY DISPUTED. From NBH PR Feb 2025: "The Company is unwilling to take a position it believes is knowingly and demonstrably false, as well as fraught with potential liability for the Company and its shareholders." sec.gov/ix?doc=/Archiv… cdn.prod.website-files.com/6169e69d0075ec…
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MMTLP_NEWS
MMTLP_NEWS@MMTLP_NEWS·
RT @JunkSavvy: 💥💥THE MMTLP FIASCO....DAY 1000💥💥 ✍️✍️✍️ A Message from Greg McCabe, CEO and Chairman Next Bridge Hydrocarbons... "We shall l…
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JunkSavvy
JunkSavvy@JunkSavvy·
🚨MISSOURI SECRETARY OF STATE DENNY HOSKINS SENDS LETTER TO FINRA CEO ROBERT W COOK DEMANDING ANSWERS FOR DEFRAUDED MMTLP INVESTORS. $MMTLP $MMAT $TRCH @AGAndrewBailey @AGPamBondi @FBIDirectorKash @USTreasury @RealTalk933FM @kshaughnessy2 @denniskneale @FNez_Blogger @TheRobbCarter BIG shoutout to @TheRobbCarter & @MetaMan1111 for making this happen!!! ❤️🤍💙
Squatch@MetaMan1111

💥👉 Missouri Secretary of State @DLHoskins is putting pressure on FINRA for answers regarding MMTLP. Thank you Denny! 🇺🇸🇺🇸🇺🇸 @AGAndrewBailey 🇺🇸👇👇👇 @RepAnnWagner @HawleyMO @EricBurlison 🇺🇸@TheRobbCarter 🇺🇸👇👇

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JunkSavvy
JunkSavvy@JunkSavvy·
🚨DEFENDANTS GTS SECURITIES, LLC’S AND ARI RUBENSTEIN’S RESPONSE IN OPPOSITION TO 1209 PRO SE PLAINTIFF CONTIQUE WILLCOT'S AUGUST 18, 2025 SURREPLY MOTION. Counsel addresses Willcot's attempt to leverage Greg McCabe's inadvertant "reply all" of privileged communications with his attorneys... "Plaintiff’s showing is otherwise illusory [deceptive, false, or not actually what it appears to be] and self-defeating. Plaintiff attempts to make something of Mr. McCabe’s request to a third party to delete an inadvertent e-mail that was actually intended for Mr. McCabe’s counsel. That is expressly what Federal Rule of Evidence 502 contemplates in such circumstances." GTS Counsel further argues that, "...books and records remedies under state law may be invoked 'only where (1) the plaintiff was not currently involved in the federal action..." $MMTLP $MMAT $TRCH acrobat.adobe.com/id/urn:aaid:sc…
JunkSavvy@JunkSavvy

$MMTLP $MMAT $TRCH DID YOU KNOW???... ❓❓What should Pro Se Litigants do if they receive privileged communications from Defendants and their Legal Counsel? 1⃣ Immediately refrain from reading, using, or sharing the communication beyond what is necessary to identify it as privileged. Continuing to review or distribute it could violate ethical rules and harm your case. 2⃣ Promptly inform the sending party (opposing counsel or their client) that you received the privileged material. Provide enough detail to identify the communication (e.g., date, subject) without disclosing its contents. This aligns with ethical expectations, which many jurisdictions apply to Pro Se Litigants. ✴️In both Nevada and Texas Federal District Courts, pro se litigants are generally HELD TO THE SAME PROCEDURAL AND ETHICAL STANDARDS as attorneys, including with respect to handling inadvertently received privileged communications. 3⃣ At the request of Defendant or their Counsel, Pro Se Litigants shoud delete inadvertently disclosed privileged communications, provided the request is made promptly and in good faith to protect the attorney-client privilege. 4⃣ The Pro Se Litigants should document their work to show they took reasonable steps to comply with ethical standards. ❓❓What are the implications if Pro Se Litigants use privileged communications from Defendants and their Legal Counsel? Courts aim to balance fairness, privilege protection, and the integrity of the judicial process. The actions of Pro Se Litigants may be seen as UNDERMINING EITHICAL NORMS, potentially leading to: ✅Evidentiary Rulings: The court may exclude the privileged communications from any cases to prevent prejudice and deter future misconduct. ✅Sanctions: Litigants could face penalties, especially if the court finds they acted in bad faith. PRO SE STATUS DOES NOT EXEMPT THEM FROM CONSEQUENCES. Pro Se Litigants are bounds by standards of ethics in court proceedings, though sometimes they are given minor allowances. ✅Sealing Records: The court may seal the filings to mitigate harm, particularly if sensitive information affects ongoing litigation or third parties. ✅Admonishment: The court might issue a warning or require the litigants to explain their actions, emphasizing the importance of ethical conduct. ✅Other Penalties: In extreme cases, the court may issue further penalties, such as fines or dismissal of claims, if the misuse was intentional or prejudicial. ❓❓If a Pro Se Litigant uses privileged communications from Defendnts and their Legal Counsel in filing which are published on a court's docket and made available to the public, does that give other Pro Se litigants in other districts the right to use the privileged communications? ⛔️The publication of inadvertently disclosed privileged communications on one court’s public docket DOES NOT grant Pro Se Litigants in other districts the right to use those communications in their own cases. The ability to use such material depends on whether the attorney-client privilege was waived, the specific circumstances of the disclosure, and the rules applied in the relevant federal jurisdictions. #FAFO #ProSe #FRCP #FRE #NRPC #TDRCP #ABA APPLICABLE LAWS AND REGULATIONS: Federal Rules of Cicil Procedure (FRCP) 11 Federal Rules of Evidence (FRE) 502 American Bar Association Model Rules of Professional Conduct (ABA Model) 4.4 Nevada Rules of Professional Conduct (NRPC) 4.4 Texas Disciplinary Rules of Professional Conduct (TDRCP) 4.04 REFERENCES: govinfo.gov uscourts.gov law.cornell.edu/rules/frcp/rul… nvbar.org/for-lawyers/ru… nvd.uscourts.gov/self-help/pro-… ww.nvd.uscourts.gov/court-informat… texasbar.com/AM/Template.cf…. txwd.uscourts.gov/court-informat… txnd.uscourts.gov/rules-and-orde…

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JunkSavvy
JunkSavvy@JunkSavvy·
🚨META MATERIALS BK STIPULATED ORDER FILED TO RESCHEDULE BRIEFING AND HEARING DATE FOR CITADEL SECURITIES, LLC, ANSON FUNDS MANAGEMENT LP, AND VIRTU FINANCIAL, LLC'S MOTION TO QUASH SUBPOENAS. NEW HEARING PROP: OCTOBER 30, 2025, 10:30AM PST. $MMTLP $MMAT $TRCH @Metamaterialtec acrobat.adobe.com/id/urn:aaid:sc…
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JunkSavvy
JunkSavvy@JunkSavvy·
🚨META MATERIALS BK TRUSTEE FILES RESPONSE TO TRAUDT'S MOTION TO DISQUALIFY FROM SERVICE TO THE TRUSTEE ATTORNEY JAMES WESLEY CHRISTIAN AND CHRISTIAN ATTAR LAW FIRM ET. AL. AS SPECIAL COUNSEL AND TO DECLARE THE RETENTION AGREEMENTS AND OTHER NON-DISCLOSURE AGREEMENTS AS VOID. "Trustee Lovato contends that Mr. Traudt has not suffered an injury-in-fact which would give him standing to participate in the MMAT chapter 7 case. In other words, Mr. Traudt’s 305 shares of MMTLP acquired at the end of November 2022 do not equate to an interest in MMAT...Instead, whatever residual rights he may hold are interests in NBH, a legally separate entity...Trustee Lovato contends that no federal statute gives Mr. Traudt the right to intervene in this case." Hearing Scheduled for Sept. 04, 2025, @ 10am pst. $MMTLP $MMAT $TRCH @Metamaterialtec acrobat.adobe.com/id/urn:aaid:sc…
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JunkSavvy
JunkSavvy@JunkSavvy·
🚨META MATERIALS BK TRUSTEE FILES RESPONSE TO SPEARS' EMERGENCY MOTION TO INTERVENE, TO STAY PROCEEDINGS, TO DISQUALIFY CONFLICTED COUNSEL AND TRUSTEE, AND TO RESET BANKRUPTCY ADMINISTRATION UNDER NEUTRAL AUTHORITY; MOTION TO COMPEL DISCLOSURE, VACATE UNLAWFUL PROTECTIVE ORDERS, AND REFER FOR SANCTIONS AND SPECIAL MASTER. "Trustee Lovato contends that Ms. Spears has not suffered an injury-in-fact. Ms. Spears’ 7,200 shares of MMTLP do not equate to an interest in MMAT....Ms. Spears seeks to intervene in the case; however, as noted, Trustee Lovato asserts that Ms. Spears does not have standing to participate in the case....Ms. Spears has offered no legal authority to support her request to ‘stay the proceedings’...Ms. Spears identifies herself as a retired investor. A review of Spears’ Motion suggests that she is receiving the assistance of one or more undisclosed attorneys. At best, Ms. Spears is an improper intervenor without standing. Accordingly, there is no basis for the issuance of sanctions as requested by Ms. Spears." Hearing Scheduled for Sept. 04, 2025, @ 10am pst. $MMTLP $MMAT $TRCH @Metamaterialtec acrobat.adobe.com/id/urn:aaid:sc…
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