Zerocool34
2021-06-25

$Torchlight Energy Resources(TRCH)$ Hi guys, I keep hearing that 100 TRCH will be turn into 100 mmatf. But I can't find any place stated for that. Please advise on this. Thanks 

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Comments

  • Lala90
    2021-06-25
    Lala90
    Torchlight website
    • KelvinKanReplyZerocool34
      The price is dropping due to HF shorting it and wish to continue shorting, so they can buy it back later at a cheaper price. They are pushing MMATF as they will get 3:1 MMAT after the merger.
    • Lala90ReplyZerocool34
      https://www.torchlightenergy.com/media-center/company-news?page=3
    • Zerocool34
      Sorry went to the website, but don't seem able to see any news on that. Able to share any links. Thanks
    • Zerocool34
      But if that is so good, but why is the share price keep dropping... Anyway,im still holding to mine.. Thanks
  • Buythedip
    2021-06-25
    Buythedip
    100 Trch into 100 mmat , Not mmatf.
    100 Mmatf will change into 360mmat=360trch equivalent
    • breezywind
      that is what i understand as well. need to know MMAT is the new share code and mmatf is the meta before the merger. The trch share we ate holding will be convert to MMAT after merger. price unknown.
  • HLPA
    2021-06-25
    HLPA
    yes agree
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