Thread by @SmokeyStock

@dlauer @dlauer there us history here. You would really need to go back over a year and a half to fully grasp the complexity of this. @Finra allowed a series A perferrd share to trade that was never supposed to be traded outlined in here in the proxy sec.gov/Archives/edgar…

@dlauer @FINRA 2) A market maker (gtsx.com) or 2 (canaccordgenuity.com/capital-market…) started to create a platform to make it tradeable before the merger happened between $TRCH and $MMAT as shown on this OCC memo... Merger was not to complete till the 28th but got done a day early, context

@dlauer @FINRA 3) On the date of the merger the options became available as of the 28th. This was not found by retail till well after the tradability BTW. And no one thought anything about it since the option were working as they should.

@dlauer @FINRA 4) As time passed and options traded synthetic shares were created through the @USOCC guarantee to facilitate an option exercise... On Oct 6, 2021 @USOCC get word that shares are not tradable The web is getting tight now, and the @finra review of form 211 is done, you with me?

@dlauer @FINRA @USOCC 5) Then all of a sudden @Finra post a corporate notice on 10/06/21 $MMTLP is added to the @OTCMarkets and trading is set to commence but cannot due to the @USOCC memo #49379 above. That is an easy work around for a Lead #MarketMaker of IPO's like @AriGTSX COE of GTS for example.

@dlauer @FINRA @USOCC @OTCMarkets @AriGTSX 6) Enter @USOCC memo #49368 releasing the tradability of $MMTLP but take a look ate the top date compared to the paragraphed date... Odd right?! why was it 4 days after the trading of $MMTLP commenced that the letter came out to the public? Hmmm 🤔🧐

@dlauer @FINRA @USOCC @OTCMarkets @AriGTSX 7) Perhaps to be able to capitalize on the fear that ensues once something that the holders of the Preferred shares understood to be untradable until $MMAT "the company" either sells the assets or does a spin-out and releases a Proxy to explain the details sec.gov/edgar/browse/?…

@dlauer @FINRA @USOCC @OTCMarkets @AriGTSX 8) And panic there was for 4 full trading days until the @USOCC memo was released, and then several days after that as no one knew what was happening. People sold off their rights to whatever was at the end of the road because they witnessed a false value on something untradable!

@dlauer @FINRA @USOCC @OTCMarkets @AriGTSX 9) Now during this initial period of trading miraculously we saw FTDs great enough, over a long enough period of time that they hit the @OTCMarkets threshold securities list... WOW! Look at all the listings Right!! But dates are what is important...

@dlauer @FINRA @USOCC @OTCMarkets @AriGTSX 10) Exactly 11 trading days in MMTLP hit the security threshold list and remained on it until Dec 31, 2021... New Years Eve... and then all of a sudden gone. No more Reg Sho??? ok maybe they took care of it... let's take a look at the chart to see...

@dlauer @FINRA @USOCC @OTCMarkets @AriGTSX 12) From what I can tell looking at the daily chart that the $MMTLP ticker stayed pretty rangebound between the 38.2% and 61.8% #Fibonacci levels for the entire time trading after the initial spoofing and the entire time it traded until recently... against the entire market btw.

@dlauer @FINRA @USOCC @OTCMarkets @AriGTSX 13) Oh yeah, I forgot to bring up, "this is not supposed to be trading" again for a reminder. I hope your keeping that in the front of all this, and tac on the fact that only a few OG holders got spoofed when looking at the actual avg. volume levels, price trend, and money flow.

@dlauer @FINRA @USOCC @OTCMarkets @AriGTSX 14) So now with that ice breaker of the back story (BTW goes all the way back to the late 2000's with Pole Perfect Studios), let's get more recent. So with all that time passing and no real shares that can be traded the #Brokers have racked up an EXTENSIVE #naked position.

@dlauer @FINRA @USOCC @OTCMarkets @AriGTSX 15) You can clearly see that in the last recent months the volume has changed starting on the day the 3rd S-1 was filed. In that filing there was specific language to the shorts stating they should close positions. OK possible volume explained right?! sec.gov/edgar/browse/?…

@dlauer @FINRA @USOCC @OTCMarkets @AriGTSX 16) Well no not at all the case. In fact there was minimal coverage. (I am sure you know that a reported # is not the true #) Which is clearly outlined in the threshold securities list through the high levels of FTD's produced in that time. and still being produced daily!

@dlauer @FINRA @USOCC @OTCMarkets @AriGTSX 17) I would also like to re-point out that they never did cover the initial FTDs from Oct-Dec 2021... that means they leveraged using either the retail traders that trade on margin or have share lending on to cover up the FTDs since there is no "like" ticker to swap with.

@dlauer @FINRA @USOCC @OTCMarkets @AriGTSX 18) So now we have 60million in volume pouring into $MMTLP over 2 months and no coverage happening on the short end...Yet there are massive amounts of shares trading hands that technically never existed and being rolled into FTDs, There is still a variable not being considered...

@dlauer @FINRA @USOCC @OTCMarkets @AriGTSX 19) We the #Retail #investors! We are the variable that changes the game. But let's just stick to the provable facts... The Problem that the vast majority of us the #MetaFam are having is not the squeeze factor, it is the accountability of the broker dealers and @FINRA

@dlauer @FINRA @USOCC @OTCMarkets @AriGTSX 20) On Nov. 18, 2022 $MMAT @Metamaterialtec listed the Notice of Effectiveness, meaning all parties have approved the Spin-out and is awaiting @Finra to do a final review and post the corporate notice to the daily list. Great good news more buying on the 21st. Chart reflects

@dlauer @FINRA @USOCC @OTCMarkets @AriGTSX @Metamaterialtec 21) Here is the interesting part and what is suspect about the whole ordeal. On Nov. 23rd @Metamaterialtec $MMAT releases the PR that all board members have approved the Spin-out. And two days later publish the 424(b)(4) dated Nov. 18, 2022. but watch $MMTLP price action

@dlauer @FINRA @USOCC @OTCMarkets @AriGTSX @Metamaterialtec 22) Does this look like the price action of a years' worth of shorting and synthetic share lending and selling being bought back in anticipation of $MMTLP being "DELETED" from the @OTCMarkets and #NextBridgeHydrocarbons becoming a private company? Brokers had plenty of time

@dlauer @FINRA @USOCC @OTCMarkets @AriGTSX @Metamaterialtec 23) Next why did @Finra take so long to get the corporate action out? @Metamaterialtec had the 424(b) to them on Nov. 18th, which is almost a full month till the Record Date. It should have been released no later than Nov. 29th by their timeline. finra.org/rules-guidance…

@dlauer @FINRA @USOCC @OTCMarkets @AriGTSX @Metamaterialtec 24) This hold up from @Finra allowed for the broker dealer's to drop the price from $12.25 back to $2.85. But because #retail kept buying and holding as brokers created new shares they didn't have enough #TIME to get it all the way down earlier to allow the @FINRA release down.

@dlauer @FINRA @USOCC @OTCMarkets @AriGTSX @Metamaterialtec 25) Finally on Dec 6th EOD, @Finra drops the corporate action just 2 days till holders need to be on record and 4 days till the trading is to stop. There is still no signs of coverage of shorts or synthetics as seen on the threshold list. Brokers start to take away the buy button

@dlauer @FINRA @USOCC @OTCMarkets @AriGTSX @Metamaterialtec 26) Dec. 8th a large number of overseas brokers have already shut down trading and people are just starting to get their messages of corporate action from their brokers. Again this step is now 2 days late giving only 2 days for retail to make a decision on their plan...

@dlauer @FINRA @USOCC @OTCMarkets @AriGTSX @Metamaterialtec 27) Oh yeah, let's not forget the 60% price drop with no ability to buy from a large # of brokers and a perfect retracement back to that $2.85 level I spoke about earlier... because they ran out of TIME!!! But wait there is more. remember that corporate notice from the 6th?...

@dlauer @FINRA @USOCC @OTCMarkets @AriGTSX @Metamaterialtec 28) Yeah that was written wrong when sent to the @The_DTCC and had to be corrected... that was how the brokers got their TIME! So, at 1:10pm EST the #algos finally get shut down and because of the limited ability to buy the price could not recover... but why?

@dlauer @FINRA @USOCC @OTCMarkets @AriGTSX @Metamaterialtec @The_DTCC 29) Even in the new corporate notice it states trading will be possible you just won't receive the distribution if selling after 12/08/2022... we knew that. But now the distribution date is gone. enter the new #CUSIP. A place for shorts and synthetics to go if they HAULT trading!

@dlauer @FINRA @USOCC @OTCMarkets @AriGTSX @Metamaterialtec @The_DTCC 30) But what gave them this ability to take that out of there?. The word "Canceled" needed to be switched to "Deleted" for legalities. They are not canceled stocks they are deleted from the market. @FINRA knows that and had plenty of TIME to get it right!

https://twitter.com/i/status/1600636969838841856

@dlauer @FINRA @USOCC @OTCMarkets @AriGTSX @Metamaterialtec @The_DTCC 31) So, @Finra was able to give the brokers TIME to come up with a work around on $MMTLP to be able to push the due process of share reconciliation out to a later date so they can try and lessen the damages to their liquidity when they are the ones who did this to themselves.

@dlauer @FINRA @USOCC @OTCMarkets @AriGTSX @Metamaterialtec @The_DTCC 32) Then out of the blue on Dec. 9th, a trading halt appears with a U3 code. In case your unaware a U3 halt code has only been used 344 times since 2014. I would consider that pretty uncommon. An "EXTRODINAY EVENT" halt the first minute longs are fully committed to the spin-out!

@dlauer @FINRA @USOCC @OTCMarkets @AriGTSX @Metamaterialtec @The_DTCC 33) Now trading cannot be done on the last 2 days that were given and WHY? We were all aware it would be "SELL TO CLOSE ONLY LONGS" and "BUY TO CLOSE ONLY SHORT". #Retail did not start this illegal mess, but we sure as shit paid attention! It starts and ends with #FinraFraud

@dlauer @FINRA @USOCC @OTCMarkets @AriGTSX @Metamaterialtec @The_DTCC 34) So, I ask you @dlaure, now that I clarified why we the #MetaFam are so upset, is there a chance you would like to hear more about this web called $MMTLP / $MMAT?