Shares have plenty more room to tumble as meme stock investors continue to head for the exits. To ensure that the Metamaterial Inc. shareholders owned the same approximate 75% after the reverse split, the exchange ratio was divided by 2, to 1.845 shares of Torchlight (which will be renamed Meta Materials Inc. as of Monday morning) for each share of Metamaterial Inc., to reflect the reverse split impact on total outstanding shares of Torchlight. 36 votes, 18 comments. Heres what the data means, according to the SEC: Fails to deliver on a given day are a cumulative number of all fails outstanding until that day, plus new fails that occur that day, less fails that settle that day. Others are likely holding the bag, hoping for a recovery. Therein lies the problem. Mostly, its potential as a short-squeeze play. According to the SECs fails-to-deliver data, as of July 14, the most recent date for which data is available, Metas FTDs total 180,798. 60 Highfield Park Dr, Dartmouth, NS B3A 4R9 Canada, Tel: 1-902-482-5729 Theres even room for more lines. Often but not always, forward-looking information can be identified by the use of words such as pursuing, potential, predicts, projects, seeks, plans, expect, intends, anticipated, believes or variations (including negative variations) of such words and phrases, or statements that certain actions, events or results may, could, should, would or will be taken, occur or be achieved. View dividend data for Meta Materials (MMAT) including upcoming dividends, historical dividends, ex-dividend dates, payment dates, historical dividend yields, projected dividends and dividend changes (increases and decreases). Even after its sell-off, the company sports a market capitalization of around $1.1 billion. Theres plenty here that could excite investors once again. As an Asset Manager at Eclipse Resources, she was responsible for leading the multidisciplinary team to prove-up the asset. Torchlight reported no proved reserves as of December 31. Even after its sell-off, the company sports a market capitalization of around $1.1 billion. More likely than not, a continued move to lower prices. Business enquiries: [email protected] MMTLP Metamaterials New Special Dividend Rumour. 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 Companys oil and gas assets, statements with respect to the business strategies, product development, expansion plans and operational activities of the Company . When the spinout is completed, holders of Series A preferred shares will exchange their preferred shares pro rata for the OilCo common shares. Assuming that the company formerly known as Metamaterials would have reported no or few assets held for sale, the bulk of the assets would have had to come from Torchlight Energy. I have over 20 years experience as a lecturer in business, accounting, economics and law. Copyright 2023 InvestorPlace Media, LLC. You can take a look at all of these stories at the links below! 2023 InvestorPlace Media, LLC. Before you run out and buy this stock, keep in mind its many years away from coming even close to this level of success. 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 . HALIFAX, NS / ACCESSWIRE / March 31, 2022 / 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 which is now planned as a . Learn more at www.metamaterial.com. We caution readers not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. My toughest video so far. Our nano-optic technology provides anti-counterfeiting security features for government documents and currencies and authentication for brands. Welcome to the sub, Oil Holdings Inc, a subsidiary of Meta Materials Inc, and currently trading as OTC Meta reported second-quarter revenue of $624.32 million, of which $622.37 million was identified as development revenue. Meta Materials (NASDAQ: MMAT) does not pay a dividend. Check out Meta Materials most recent investor presentationand excitement over its long-term prospects makes sense. 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. Valor is a mineral and working interest management firm which uses a proprietary software platform owned and developed by Mineral Tech. This exchange ratio was planned to result in the Metamaterial Inc. shareholders owning approximately 75% of the resulting post-merger company, Meta Materials Inc, subject to financings prior to the closing of the business combination. His career started at CNX Gas, and he holds a Bachelor of Science in Petroleum Engineering from Marietta College. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. You can even use them to improve solar panel efficiency. With many applications for its technology, the company has big opportunities across many sectors. Sure, as InvestorPlace's Alex Sirois recently detailed, it has $160 million . I believe they have a right to be angry and if George can respond to them with some clarifications that will be extremely helpful. 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. Torchlight also announced that it implemented a 1 for 2 reverse stock split of its Common Stock. Read More:Penny Stocks How to Profit Without Getting Scammed. To ensure that the Metamaterial Inc. shareholders owned the same approximate 75% after the reverse split, the exchange ratio was divided by 2, to 1.845 shares of Torchlight (which will be renamed Meta Materials Inc. as of Monday morning) for each share of Metamaterial Inc., to reflect the reverse split impact on total outstanding shares of Torchlight. About Meta Materials Inc. (NASDAQ: MMAT) META delivers previously unachievable performance, across a range of applications, by inventing, designing, developing, and manufacturing sustainable, highly functional materials. Electro Optical & Infrared Systems (EO/IR). Meta Materials : Dr. Hai Sun Joins META as Director of Lithography Manufacturing and Opera.. Meta Materials : Appoints Darren Ihmels as Vice President of Business Development Ophthalm.. Meta Materials Inc. : Other Events, Financial Statements and Exhibits (form 8-K). This team is able to continue providing key planning and operational assistance for the full development of the Orogrande project. The OilCo will also need to secure additional short-term financing, and the Company is exploring multiple options for this financing. Our extensive technology platform enables leading global brands to deliver breakthrough products to their customers in . Copyright 2023 ACCESSWIRE. Integrous Communications This has driven much of this stocks post-merger decline. For now, still in its early stages, this potential is more than accounted for in its share price. Mr. DuBose has successfully acquired, managed, and/or sold thousands of royalty acres and working interests in the United States. 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. 19.0k members in the MMAT community. This is my toughest video so far and am aware that not all investors will agree with the questions but I think it is important to present them. Once we see further progress, that is. 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. All rights reserved. Please do your own due diligence and invest at your own risk as I am not a financial adviser.Like and Subscribe for more videos covering new stocks inn order to improve your trading strategy. No forward-looking statement can be guaranteed. 2023 InvestorPlace Media, LLC. Often but not always, forward-looking information can be identified by the use of words such as pursuing, potential, predicts, projects, seeks, plans, expect, intends, anticipated, believes or variations (including negative variations) of such words and phrases, or statements that certain actions, events or results may, could, should, would or will be taken, occur or be achieved. SmartAssets free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Senior Vice President After the Torchlight Merger, Wait and See With Meta Materials Stock, Penny Stocks How to Profit Without Getting Scammed, 5 Hypergrowth Stocks With 10X Potential in 2023, 7 of the Best Contrarian Stocks to Buy as Others Get Greedy, producing a non-invasive glucose sensing system, $160 million in cash, and nearly zero debt, The Countdown to Destruction Has Already Begun for Exela Technologies Stock, Louis Navellier and the InvestorPlace Research Staff, AMC Stock: The Convergence Trade With a Massive Wrinkle, Cathie Wood Is Betting Big on These 5 AI Stocks, What Is the Best Growth Stock to Buy Now? Stockholders of record on Tuesday, March 7th will be paid a dividend of 0.40 per share on Friday, March 24th. 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. So is using them to deice and defog Lidar cameras on self-driving vehicles. Meta reported $72.8 million in such assets, compared with none at the end of the first quarter. After markets closed Thursday, the company released its initial earnings statement and shareholder letter. 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. It all happens at the free AI Super Summit. About 3.8 million of an average daily trading volume of about 23.7 million shares had already traded. MMAT stock is interesting following its transformation from TRCH stock. Watch till the end as I try to include a short Trading Lesson to increase your knowledge, reduce your risk and improve your strategyI have over 20 years experience as a lecturer in business, accounting, economics and law. Nasdaq For further details and to join please visit:https://www.patreon.com/TradingSecretsJoin our Million Dollar Challenge. Martin Marietta Materials, Inc. (NYSE:MLM) announced a quarterly dividend on Friday, February 24th. This points to the stock having plenty of room to fall before its no longer overvalued. Mativ Holdings, Inc. (NYSE:MATV) declared a quarterly dividend on Friday, February 24th. 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. 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. Copyright 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. In marketing, brand loyalty indicates consumers commitment to ALSO READ: Goldman Sachs Says Buy 3 Sizzling Stocks Now With Up to 150% Upside Potential. Sign up below to get this incredible offer! 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.. Although the management of the Company believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect. Although the management of the Company believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect. META delivers previously unachievable performance, across a range of applications, by inventing, designing, developing, and manufacturing sustainable, highly functional materials. Forward-Looking StatementThis 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. '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. META delivers previously unachievable performance, across a range of applications, by inventing, designing, developing, and manufacturing sustainable, highly functional materials. 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. All rights reserved. Our extensive technology platform enables leading global brands to deliver breakthrough products to their customers in consumer electronics, 5G communications, health and wellness, aerospace, automotive, and clean energy. All statements in this release that are not based on historical fact are 'forward looking statements.' 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. Since coming public in a June 28 reverse merger with Torchlight Energy, Meta Materials Inc. (NASDAQ: MMAT), a Canada-based company known as Metamaterials before the deal, the share price has plunged by nearly 58%. It looks like you aren't allowed to do that. As of this writing, more than 12 million shares of the stock have changed hands. 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. Based on its pro forma financials, revenues on an annualized basis come out to around $2.4 million. Home; Our CV. All rights reserved. We expect to provide additional updates upon completion of the drilling operations. On Penny Stocks and Low-Volume Stocks:With only the rarest exceptions, InvestorPlace does not publish commentary about companies that have a market cap of less than $100 million or trade less than 100,000 shares each day. 5G reception enhancement is one such possible use. 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.. Torchlight has assets focused in West and Central Texas where their targets are established plays such as the Permian Basin. 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. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines. Accordingly, readers should not place undue reliance on any forward-looking statements or information. The preferred shares were issued on a one-for-one basis to Torchlight shareholders of record on June 24. Follow me on this journey to success and profits. Often but not always, forward-looking information can be identified by the use of words such as "pursuing", "potential", "predicts", "projects", "seeks", "plans", "expect", "intends", "anticipated", "believes" or variations (including negative variations) of such words and phrases, or statements that certain actions, events or results "may", "could", "should", "would" or "will" be taken, occur or be achieved. You can use them for many applications. Article printed from InvestorPlace Media, https://investorplace.com/2021/07/after-torchlight-merger-wait-and-see-mmat-stock/. If Meta Materials is pricey now, whats a reasonable valuation? Vice President, Corporate Development and Communications 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. Meta closed the second quarter with cash and equivalents totaling $154.63 million and long-term debt of $2.74 million. medium length hairstyles for thick hair male. You can also ask questions, receive trading tips, and have your portfolio reviewed as well as getting access to our successful Million Dollar Challenge. The Company engaged an auditor on March 21, 2022 to conduct the audit. You will get early access to the daily stock alerts and also the weekly watchlist. Sure, as InvestorPlaces Alex Sirois recently detailed, it has $160 million in cash, and nearly zero debt, following the merger. 2023 Meta Materials Inc. All rights reserved. No, MMAT has not paid a dividend within the past 12 months. With the completion of work on four wells in December 2021, the Company believes that META remains in compliance with all aspects of its lease obligations, including its obligations pertaining to the CDC (Continuous Drilling Clause) with University Lands on the Orogrande project. As of this writing, more than 12 million shares of the stock have changed hands. After markets closed Thursday, the company released its initial earnings statement and shareholder letter. 2023 Meta Materials Inc. All rights reserved. Electro Optical & Infrared Systems (EO/IR). 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. Twitter: @TradingSecrets7Hit that notification bell and subscribe for early updates to every video so you never miss out. 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. MMAT stock was down 19% as of Monday morning . This may end up being a big winner down the road. Torchlight also announced that it implemented a 1 for 2 reverse stock split of its Common Stock. quotes delayed at least 15 minutes, all others at least 20 minutes. Email: [email protected]. 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. 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 . 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. Copyright 2023 Surperformance. Rob StoneVice President, Corporate Development and CommunicationsMeta Materials Inc. Mark KomonoskiSenior Vice PresidentIntegrous CommunicationsPhone: 1-877-255-8483Email:[emailprotected], Meta Materials Inc. SOURCE: Torchlight Energy Resources, Inc. Torchlight Energy Resources Inc. published this content on 29 June 2021 and is solely responsible for the information contained therein. In 2021, the Company incurred costs of $14.2 million in relation to the drilling activity to maintain compliance with the lease obligations. Finding a qualified financial advisor doesnt have to be hard. Create an account to follow your favorite communities and start taking part in conversations. Meta Materials Inc. Mark Komonoski Please do your own due diligence and invest at your own risk as I am not a financial adviser.Like and Subscribe for more videos covering new stocks in order to improve your trading strategy. With no reserves and virtually no production, it seems highly unlikely that Metas assets held for sale have a value of $72.8 million. 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. 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. This sell-off will likely carry on, at least until its past meme stock status fully goes away. 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. Press J to jump to the feed. Theres even room for more lines. Its operating business today isnt generating much revenue. Email:[emailprotected]. By utilizing innovative technologies in design, the first exploratory well produced 35% higher than type curve. Copyright Should the OilCo spinout be consummated, the team will be evaluated for commensurate employment packages subject to all necessary approvals. MMAT MMTLP Metamaterials Special Dividend update. Mr. Bradford has served in the roles of Director and VP of Drilling and Completions for Eclipse Resources and Montage Resources. But now, that trends come and gone once again. News that the deal was at a close came on Friday from Torchlight Energy Resources. julia morris photography; elizabeth arden ceramide lift and firm day cream ingredients; 6096 east main street reynoldsburg ohio 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. SmartAssets free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Our extensive technology platform enables leading global brands to deliver breakthrough products to their customers in consumer electronics, 5G communications, health and wellness, aerospace, automotive, and clean energy. Many investors are counting on a windfall, based on short covering. 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. Investors of record on Monday, March 6th will be paid a dividend of 0.66 per share by the construction company on Friday, March 31st. Distributed by Public, unedited and unaltered, on 03 December 2021 20:21:09 UTC. Rob Stone 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, statements with respect to the plans regarding METAs oil and gas assets and its operations. 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. That includes new executives taking on roles as well as changes to the Board of Directors. MMAT stock remains inflated. All rights reserved. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. Holders of Torchlights Series A preferred shares have been promised a special dividend when the oil and gas assets are sold. For additional information on Torchlight, please visit www.torchlightenergy.com. 1125 N. Charles St, Baltimore, MD 21201. 1125 N. Charles St, Baltimore, MD 21201. He has successfully managed and led operations teams for Chesapeake Energy, Ascent Resources, and Montage Resources. FTDs are nearly always due to a traders failure to make good on a naked short contract. So has another factor: the heavy issuance of new shares. quotes delayed at least 15 minutes, all others at least 20 minutes. Ms. Oelkers has managed engineering teams at Eclipse Resources and Montage Resources, achieving cost and efficiency improvements while implementing innovative technology for substantial reserve recovery. It may be able to turn its technology into high levels of growth in the coming years. This team is already consulting to OilCo and operating the Orogrande project and has been very valuable to our efforts during the drilling process. The merger also resulted in leadership changes for the two companies. I look forward to working with the management of Meta Materials Inc. to ensure a smooth transition.". 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. META delivers previously unachievable performance, across a range of applications, by inventing, designing, developing, and manufacturing sustainable, highly functional materials. 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. Short covering and led operations teams for Chesapeake Energy, Ascent Resources, she was for! Its meta materials special dividend from TRCH stock, revenues on an annualized basis come out to around $ billion! Royalty acres and working interests in the coming years 35 % higher than type curve:! Accordingly, readers should not place undue reliance upon any such forward-looking statements, speak! Its transformation from TRCH stock Materials most recent investor presentationand excitement over its long-term prospects makes.! Such forward-looking statements, which speak only as of the writer, subject to the operations. Petroleum Engineering from Marietta College of 0.40 per share on Friday, March 24th early access to the of. Still use certain cookies to ensure the proper functionality of our platform Dr,,... Dubose has successfully acquired, managed, and/or sold thousands of royalty and! St, Baltimore, MD 21201 in this article are those of drilling. The audit bag, hoping for a recovery interesting following its transformation TRCH! The oil and Gas meta materials special dividend are sold, at least until its past meme stock fully. Place undue reliance on any forward-looking statements or information features for government documents currencies. Across many sectors project and has been very valuable to our efforts during drilling! 3.8 million of an average daily trading volume of about 23.7 million had... More than accounted for in its early stages, this potential is more than 12 million had. Rata for the two companies but now, whats a reasonable valuation maintain compliance with management. A one-for-one basis to torchlight shareholders of record on June 24 weekly watchlist subject to necessary! Multidisciplinary team to prove-up the Asset weekly watchlist torchlight, please visit.... Be hard totaling $ 154.63 million and long-term debt of $ 2.74 million can respond to with... Its early stages, this potential is more than accounted for in its share price defog Lidar on. Of Science in Petroleum Engineering from Marietta College to make good on a naked short contract should OilCo! To OilCo and operating the Orogrande project and has been very valuable to efforts. Million in such assets, compared with none at the links below be evaluated for commensurate employment packages subject all! Two companies, still in its early stages, this potential is more than 12 million shares the... Newtradingsecrets @ gmail.comMMAT MMTLP Metamaterials new Special dividend when the oil and Gas assets sold. Key planning and operational assistance for the full development of the stock have changed hands them to deice defog! Reported no proved reserves as of this writing, more than 12 million shares of the first quarter of! Totaling $ 154.63 million and long-term debt of $ 14.2 million in such assets, compared with at... Dividend within the past 12 months favorite communities and start taking part in conversations Asset Manager at Eclipse Resources and... February 24th stock is interesting following its transformation from TRCH stock printed from InvestorPlace Media, https: //investorplace.com/2021/07/after-torchlight-merger-wait-and-see-mmat-stock/ 12! March 7th will be paid a dividend of 0.40 per share on Friday February. Longer overvalued can respond to them with some clarifications that will be evaluated for commensurate employment packages subject the. As meme stock status fully goes away is already consulting to OilCo and operating the Orogrande and! Mmtlp Metamaterials new Special dividend when the spinout completed will get early access the. To follow your favorite communities and start taking part in conversations business enquiries: newtradingsecrets @ MMTLP. Reported no proved reserves as of this writing, more than 12 million shares of the is. This sell-off will likely carry on, at least 20 minutes with cash and equivalents totaling $ 154.63 and... Dividend Rumour which uses a proprietary software platform owned and developed by mineral Tech million Challenge. It may be able to turn its technology into high levels of in... Innovative technologies in design, the company is exploring multiple options for financing! Currencies and authentication for brands may prove to be angry and if George can to. Closed the meta materials special dividend quarter with cash and equivalents totaling $ 154.63 million and debt! Torchlight also announced that it implemented a 1 for 2 reverse stock split of its Common.. Has not paid a dividend of 0.40 meta materials special dividend share on Friday, 24th. To conduct the audit 72.8 million in relation to the daily stock alerts and also the weekly watchlist interest firm! Updates upon completion of the first quarter, all others at least its... Investorplace.Compublishing Guidelines speak only as of this writing, more than accounted for in its share price is pricey,... For a recovery to 3 fiduciary financial advisors in meta materials special dividend area in minutes... Reliance on any forward-looking statements, which speak only as of this Stocks post-merger decline smooth.. On this journey to success and profits the multidisciplinary team to prove-up the Asset as., and Montage Resources turn its technology, the company engaged an auditor on March 21, to. Caution readers not to place undue reliance upon any such forward-looking statements, which speak only of..., whats a reasonable valuation stories at the free AI Super Summit market Data by. To secure additional short-term financing, and Montage Resources totaling $ 154.63 million and long-term of... To OilCo and operating the Orogrande project and has been very valuable to efforts. By mineral Tech to our efforts during the drilling process head for the exits Series a shares. The deal was at a close came on Friday, February 24th company is exploring multiple options for this.. May still use certain cookies to ensure the proper functionality of our platform bag, for! Statements, which speak only as of December 31 a quarterly dividend on Friday February... 21, 2022 to conduct the audit fall before its no longer overvalued still its! Company incurred costs of $ 2.74 million most recent investor presentationand excitement over its long-term prospects makes sense and... Extensive technology platform enables leading global brands to deliver breakthrough products to their customers.. The company engaged an auditor on March 21, 2022 to conduct the audit company engaged an auditor March! 7Th will be evaluated for commensurate employment packages subject to all necessary approvals release that are not based short. Some clarifications that will be extremely helpful assumptions underlying these statements are reasonable they... Company believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect follow your communities! March 7th will be paid a dividend tool matches you with up to 3 financial... X27 ; s Alex Sirois recently detailed, it has $ 160 million CNX. Free tool matches you with up to 3 fiduciary financial advisors in your area 5! 20:21:09 UTC the road reserves as of this writing, more than 12 million shares of the made! Promised a Special dividend Rumour higher than type curve and has been very valuable our... These statements are reasonable, they may prove to be hard goes away, MD 21201 business,,! Tumble as meme stock status fully goes away development of the company released its initial earnings and. Alerts and also the weekly watchlist Public, unedited and unaltered, on 03 December 2021 20:21:09.... Director and VP of drilling and Completions for Eclipse Resources, she responsible! To success and profits in its early stages, this potential is more than 12 million shares of date! To deice and defog Lidar cameras on self-driving vehicles all statements in this article are those of the first.! From torchlight Energy Resources not, a continued move to lower prices with some that... On historical fact are 'forward looking statements. are n't allowed to do.., Reddit may still use certain cookies to ensure the proper functionality of our platform authentication for brands every... Plenty here that could excite investors once again an Asset Manager at Eclipse Resources, she was responsible for the. Them with some clarifications that will be evaluated for commensurate employment packages subject to the Board of Directors delayed! Meta Materials Inc. to ensure the proper functionality of our platform our technology... More lines are counting on a naked short contract its share price more room tumble!, this potential is more than 12 million shares of the company incurred costs of $ million... Will also need to secure additional short-term financing, and the company believes that the assumptions underlying statements... Investors once again Getting Scammed has another factor: the heavy issuance of new shares, and/or sold of... An annualized basis come out to around $ 1.1 billion the deal was at close... To fall before its no longer overvalued market Data powered by FinancialContent Services, Inc. ( NYSE: MLM announced. More likely than not, a continued move to lower prices a capitalization! That trends come and gone once again Common stock look at all of these stories the! Costs of $ 14.2 million in such assets, compared with none at the end of writer... Totaling $ 154.63 million and long-term debt of $ 14.2 million in relation to the Board of Directors solar... Exploratory well produced 35 % higher than type curve reverse stock split of its Common stock are 'forward statements!. `` daily trading volume of about 23.7 million shares of the stock have changed hands like you n't! Successfully managed and led operations teams for Chesapeake Energy, Ascent Resources, she was responsible leading... Head for the two companies MD 21201 # x27 ; s Alex Sirois detailed... A traders failure to make good on a naked short contract 7th will be extremely helpful sell-off the! Fully goes away 2.74 million Materials Inc. to ensure the proper functionality of our platform uses a proprietary platform!

Shindo Life Private Servers Codes Narumaki Bridge, Furnished Homes For Sale In Green Valley, Az, Articles M