Co-Founder of M.M.T.L.P. ⚖📚
Chef, Painter, Guitarist, Cat Dad
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META® Investor - #GoBeyond🦋
https://t.co/CNFfoNaWjT - https://t.co/Yme1X3Jt48
Mar 14, 2023 • 29 tweets • 13 min read
To understand the magnitude of this situation, one must understand all specific variables.
The amount of $MMTLP sold short is directly tied to the short interest of $TRCH common stock that were carried through the merger with $MMAT.
Every common stock of $TRCH short created 1:1 liability of $MMTLP (a series A preferred share dividend PLACEHOLDER that had no b/o value) with no market for the shorts to buy back their liability. They were supposed to close out into the merger.
Jan 3, 2023 • 7 tweets • 2 min read
#MMTLP#FINRAfraud
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Robert J. Shapiro (born 1953) is the cofounder and chairman of Sonecon, LLC, a United States private consultancy for economic and security-related issues that has
built a reputation on a range of policy matters, including climate change, intellectual property, securities fraud, healthcare reform, demographics, the resilience of the electric grid to cyberattacks, and blockchain technologies. He is known for advising public officials,
Dec 20, 2022 • 5 tweets • 1 min read
$MMTLP #FINRAfraud
SEC Rule 10b-5, codified at 17 CFR 240.10b-5, is one of the most important rules targeting securities fraud promulgated by the U.S. Securities and Exchange Commission, pursuant to its authority granted under § 10(b) of the Securities Exchange Act of 1934.
[1] The rule prohibits any act or omission resulting in fraud or deceit in connection with the purchase or sale of any security. The issue of insider trading is given further definition in SEC Rule 10b5-1.