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"Why else do you halt something, unless it was expected to trade?" Both $MMTLP Corporate Actions informed the reader that positions needed to be settled by 12/12/22. Investors didn't need to understand this! It was the fiduciary responsibility of the Corporate Action Department of each brokerage, to read and...

18,080 просмотров • 1 год назад •via X (Twitter)

Комментарии: 4

Фото профиля Rare DD
Rare DD1 год назад

EVIDENCE!!! $MMTLP And even if there was a brokerage that somehow misunderstood that "positions needing to be settled by 12/12/22" meant that the last day to "OPEN" a position in order to be settled in time for 12/12/22... FINRA has the ability under their Rule 11893 to classify the transactions as Erroneous and therefore reverse them. If FINRA believed there shouldn't have even been Position Close transactions after 12/8/22, then they should've made this clear on 12/6/22 or sooner! This appears to have been a deliberate act of misleading investors and the brokerages! @TheJusticeDept @FBI

Фото профиля Jalen J. Jalen
Jalen J. Jalen1 год назад

Inconvenient facts for @FBIDDBongino to continue to ignore. Wonder when he's going to say there's no bluesheets on $MMTLP?

Фото профиля mason
mason1 год назад

#FINRAFRAUD

Фото профиля DP
DP1 год назад

@johnbrda That U3 halt mean they were fucked and couldn’t unfuck themselves

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🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 The Metamaterials spin-off S-1 was made effective by the U.S. Securities and Exchange Commission. The S-1 was the governing document for the "corporate action". It layed out the precise steps/timeline for the 1-for-1 exchange after the close of business on 12/14/22 that was to result in the automatic cancellation of $MMTLP. This was a legally binding process that both the issuer and the market had to follow. Any deviation from this plan would be a serious breach of the approved "corporate action" outlined in the S-1. By FINRA's decision to delete the trading symbol early, effective 12/13 (zero hour), they acted outside of the issuer's SEC-effective plan. This action disrupted the planned process and caused significant market confusion and harm to investors. It forced brokerages to perform a reorganization or mandatory exchange on an altered timeline, which led to errors, the inability to settle trades, and financial losses for investors. (There was a mandatory exchange BEFORE the alleged 1-for-1 exchange took place, FINRA NEVER addressed this in their FAQs) Symbol deletion is a consequential step, not a discretionary one, in many corporate actions. For a 1-for-1 exchange where the original shares are cancelled, the symbol for those shares would naturally be deleted after the shares are no longer tradable. This was a technical step that followed the main corporate action. (☝🏾 FINRA and the SEC know that this is the correct procedure) The S-1 described the legal and financial aspects of the transaction (the exchange ratio, the cancellation of shares etc), while FINRA handled the technical and logistical aspects, like managing the trading symbols and CUSIPs. (NOT CHANGING OR INCORPORATING EXTRA DATES) Yet when you observe the 12/8/22 MMTLP Corporate Action, FINRA made "EARLY DELETION OF THE MMTLP TRADING SYMBOL" the MAIN COMPONENT, effective the zero hour of 12/13/22, 40 hours before the exchange set to take place after the close of business on 12/14/22. This was in direct conflict to FINRA's mandate to maintain fair and orderly markets. The outcome and the chaos these past (almost) 3 years is proof! How long can Paul Atkins ignore this? Hester Peirce The full video 🎥 linked below explains even more regulatory shortcomings 👇🏾

Rare DD

13,531 просмотров • 10 месяцев назад

𝐋𝐀𝐑𝐆𝐄𝐒𝐓 𝐂𝐎𝐑𝐑𝐔𝐏𝐓𝐈𝐎𝐍 𝐈𝐍 𝐔.𝐒. 𝐒𝐓𝐎𝐂𝐊 𝐌𝐀𝐑𝐊𝐄𝐓 𝐇𝐈𝐒𝐓𝐎𝐑𝐘 🚨 “Largest corruption in securities fraud in U.S. history, unresolved it could blow up into a financial crisis bigger than FTX, bigger than Madoff, bigger than the 2008 recession” ⚠️ $MMTLP On December 9th of 2022 MMTLP got abruptly halted by FINRA, just two days before the companies record date. Brokerages told their customers they can trade(SELL) their stock on the 9th and the 12th of December, and the VP of OTC markets states MMTLP will trade on December 12th. FINRA abruptly HALTS trading on the 9th without any explanation There’s allegedly millions counterfeit shares in MMTLP, and FINRA stated in their FAQ all open short positions in MMTLP will automatically be transferred into the private company. According to many reliable sources “you can’t have a short position in a private company” The CEO of OTC Markets states that short positions have to reconcile and settle their shares. There has been over 40,000 letters sent to Congress, 15 signature Congressional Inquiry to SEC & Gary Gensler, and Media Coverage. As of now there is no resolution to MMTLP. The $MMTLP community got support from Dave Lauer Jon Stewart James O'Keefe Roger James Hamilton Charles V Payne - MMTLP is no longer halted although due to the halt it trapped thousands of investors who wanted to sell and not receive shares in a private company Just imagine your bank notified you that they were closing on the 12th and said you had up to that date to take your money out, but abruptly closes on the 9th not allowing you to have access to any of your money. PLEASE share & retweet no matter if you’re in MMTLP or not to spread the word of corruption in our markets‼️ All the Media & Constitutional Coverage… 🎥 NEARLY A YEAR LATER… please RT now 🚨 #FinraFraud

X Market News🚨

96,276 просмотров • 2 лет назад

Why the U.S. Securities and Exchange Commission appears to be an even bigger culprit than FINRA in the $MMTLP Fiasco is... The SEC suspected that Brda and Palikaras were guilty of a scheme since at least September 2021. A scheme that according to the SEC, means that neither man should be able to run or presumably be involved with a publicly traded company if found guilty of the charges filed 3 years after the initial subpoenas. So if investors needed to be protected from Brda & Palikaras, how does the SEC justify allowing investors to invest in $MMAT & $MMTLP (TRCH also if the SEC suspected a scheme leading up to the reverse merger), and also making effective the S1 for the Next Bridge Hydrocarbons spin-off? How is it that the SEC has shared oversight of the Options Clearing Corporation (OCC), but they haven't lifted a finger to show the party(s) responsible for getting options started in TRCH directly before the reverse merger? Coincidentally, the SEC has oversight of FINRA, but the SEC hasn't formally addressed the many ways FINRA violated their Rule 6490 when processing the MMTLP Corporate Action, Nor have they lifted a finger to show the party(s) responsible for getting MMTLP tradeable. It's almost like the SEC tried to enact their own form of justice to punish Brda and Palikaras for the alleged scheme, but at the same time, investors were treated like justifiable casualties. This is only part 1 of 5, full video 🎥 linked in the quote post below. Paul Atkins Hester Peirce

Rare DD

10,801 просмотров • 11 месяцев назад

$MMTLP: Yesterday, during a town hall, Congressman Pete Sessions was asked directly by an MMTLP shareholder about FINRA’s conduct and the broken promise of a share audit. Sessions responded by agreeing that the rug was pulled from under us... which we appreciate... but then pivoted to mention the SEC’s recent charges against former Meta executives. The shareholder, to their credit, pushed back immediately and pointed out what many of us have said for months now: those charges have nothing to do with the lack of a share audit and transparency from the regulators. The issue at the heart of this is simple... how many shares exist, and why has no regulator been willing to account for them? That question still hangs in the air, unanswered. I also found it interesting that Sessions also brought up the price action on the last day of trading and asked why people didn’t sell if they were concerned. So let me try to explain this in a way that hopefully makes it clearer for the Congressman, or anyone else still asking that question. In the two days before the halt... Wednesday, December 7th and Thursday, December 8th... every single major U.S. broker told their clients that Friday, December 9th, and Monday, December 12th, would be “position close only” for MMTLP. That meant you couldn’t open new positions... only close out existing ones. In addition to that, some brokers even notified clients that short positions would be forced to close during that time. So what does that mean in practical terms? It means that retail investors were led to believe... based directly on FINRA’s own guidance and two separate corporate action notices... that Friday and Monday were the critical two days to sell. And it wasn’t just a hope. It was an expectation. The price of the shares moving upward was not just likely... it was logically anticipated, based on the idea that shorts would have no choice but to buy back shares to close, in an environment where opening of any short positions would not be allowed. That’s when the price was supposed to run. So why didn’t people sell sooner? Because it would’ve been like walking out of a bingo hall with a nearly full card before the last ball was pulled. If you knew the dealer told the hall that the card would likely fill out on Friday and Monday, why would you walk out of the game on Thursday... especially if your card was nearly full? We were all playing by the timeline FINRA gave us. Then they moved the goalpost mid play. They halted trading on Friday before the open, without warning, and locked everyone in. That’s why people didn’t sell. Because we were told... explicitly... that we still had time. So Mr. Sessions, with respect: We appreciate your continued acknowledgment that something went terribly wrong here. But let’s not minimize the decision to hold based on clear regulatory messaging that was reversed without notice. This wasn’t investor negligence. This was investor reliance... on information published by FINRA and echoed by brokerages across the country. And that is exactly why a share audit is still critical. Because if that rug pull happened after millions of counterfeit or unsettled shares were sold into this security... and never reconciled... then what happened to us wasn’t just a regulatory breakdown. It was theft. Plain and simple, sir. We invite your office to re-engage, demand the share audit you called for, and press the SEC and FINRA for real answers... not recycled statements. At this point, transparency should not be optional. Thank you.

DrewDiligence

50,614 просмотров • 1 год назад