Disclaimer: This thread is not financial advice.
It is 100% my opinion, speculation and for educational and informational purposes only. Do your own due diligence.
That being said, let's connect some dots shall we?
@FlavioVolpe1 is the lead at @APMACanada.
I noticed he posted the other day about something BIG going on here in my neck of the woods.
4-21-2023
VW getting $13B in subsidies from the Canadian government to secure 185,000 sq. m. (2,000,000 sq. ft.) Gigafactory in Eastern St. Thomas, Ontario.
3-14-2023
Volkswagen Group CFO/COO Arno Antlitz said that the company’s strong financial position should enable it to “continue investing in electrification and digitalization” even in a “challenging economic environment.” cnbc.com/2023/03/14/vol…
Hello, my name is Marduk and I am calling in regards to the horrendous situation surrounding stock symbol $MMTLP. It was a placeholder dividend that was made tradeable against the wishes of the issuing company and allowed to trade for 14 months on the OTC markets.
5 days before it was supposed to go private, FINRA halted it due to what they referred to as an extraordinary event.
It has been 115 days and thousands upon thousands of investors around the world have neither their money, nor proof that in fact they have their shares in the private company.
To understand the magnitude of this whole situation, one must understand all variables, including you @FINRA!
The amount of $MMTLP short interest is DIRECTLY TIED TO $TRCH (now $MMAT) common stock that was short going into the merger back in June of 2021.
And to preface this whole thing let's just remember one, very, VERY IMPORTANT FACT! @nbhydrocarbons is a PRIVATE... non-trading, publicly REPORTING company.
LISTEN CLOSELY!
The pandemic caused a lot of O&G tickers to suffer tremendously, including $TRCH after Crude Oil fell off a cliff which at one point hit -$40.32 a barrel.
I'm assuming the shorts were trying to delist $TRCH to scoop up the assets for pennies.